Mexican Crypto Exchange Bitso Launches Stable Yield Program
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on the quantities deposited by users, and it is designed to help customers tackle inflation problems in Latam. Bitso Introduces Yield Program for Bitcoin and Stablecoins Bitso, one of the biggest cryptocurrency unicorns in Latam, is expanding its services offerings by introducing new yield services for....
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Mexican bitcoin exchange Bitso has exited beta with a number of initiatives aiming to attract new users in the country. The company first went live in April as the first exchange aimed at Mexico's burgeoning bitcoin ecosystem, with features designed specifically for locals. "As we are not a 'cookie cutter' exchange, we're really able to offer services tailored to the particular needs of the Mexican market," Bitso chief technology officer Ben Peters told CoinDesk. For instance, the exchange is fully integrated with Compropago, a local payments service that allows Bitso users to fund their....
Bitso, the first Mexican exchange, opens for trading tomorrow. Currently this is the only local platform on which to exchange bitcoins for Mexican Pesos. Interested parties will be able to register at bitso.com. The company emphasises that its platform has been designed with ease of use and power in mind. The company already has over 1,000 pre-registered users. It expects these parties to gradually begin using the new exchange platform from tomorrow. It is expected that trading activity will increase as participants become more comfortable with the exchange and the company, and as they get....
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service in Mexico last year in partnership with Circle.
Bitso Expand Remittances Program to Colombia
Exchanges are embracing crypto as a useful tool to transfer value across borders. Bitso, a Mexican-based exchange with operations in several countries in Latam, has announced the launch of a....
Mexican bitcoin exchange Bitso has secured a seed-funding round led by Barry Silbert's Digital Currency group which was participated in by Mexico-based angel investors.With the new financing, Bitso plans to expand its team in Mexico and aggressively push its project to use bitcoin for cross-border payments across South America. Since the majority of the population has no access to bank accounts or credit cards, Bitso aims to provide the nation with a cheaper yet robust mobile payment platform by connecting its bitcoin exchange with Transfer. Transfer is a lightweight banking initiative....
The Mexican bitcoin exchange Bitso which was recently in news for the acquisition of its competitor Unisend Mexico has emerged much stronger in the Mexican bitcoin market with the closure of its seed funding round. The company has raised money from Bitcoin Opportunity Corp., an investment fund backed by well-known entrepreneur and Bitcoin investor Barry Silbert. Few undisclosed angel investors have also invested in Bitso along with Bitcoin Opportunity Corp. The potential for bitcoin market in Mexico is huge with estimated inward remittance of over $22 billion in the year in 2013 alone.....