Main page News, Cryptocurrency Exchanges

Popular Singapore-based crypto exchange Huobi has just announced its expansion to Argentina through the launch of a crypto trading platform in the South American country.

According to the press release shared with Ihodl, the exchange branch in Argentina will add support for a fiat-crypto gateway in October, which will allow its users to buy cryptos through credit cards, bank transfers and other payment methods.

The exchange, called Huobi Argentina, will allow its users to buy cryptos with the Argentine peso.

According to Huobi, the company has decided to launch a branch in Argentina for two reasons. Firstly, because the country has always shown a positive attitude towards tech advances. And second, because the residents in the country are looking for alternatives to their local currency, which is suffering a major devaluation.

According to data from Statista, Argentina ranks 4th in terms of crypto adoption worldwide.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.