The parent company of the world’s leading crypto exchange OKEx, OKCoin announces fiat-crypto trading services to expand in Argentina. Moreover, OKCoin reveals this news via posting a tweet on Thursday, November 15.
We are expanding to Latin America! Traders can now deposit or withdraw the Argentine peso (ARS) in exchange for cryptocurrencies including #Bitcoin, #BitcoinCash, #Ethereum, #EthereumClassic, #Litecoin, #Ripple, #Cardano, #Stellar, #Zcash, #0x, and more.https://t.co/XxC9ds2SsJ
— OKCoin (@OKCoin) November 15, 2018
The company’s official blog post says users can now deposit Argentine pesos (ARS) in exchange for mthe ajority of cryptocurrencies. However, few top-ranking cryptos include,
- Bitcoin (BTC),
- Bitcoin Cash (BCH),
- Ethereum (ETH),
- Ethereum Classic (ETC),
- Litecoin (LTC),
- Ripple (XRP),
- Cardano (ADA),
- Stellar (XLM),
- Zcash (ZEC),
- 0x (ZRX),
There are many more cryptos offering the trading service at OKCoin. They also mention their plans to expand its services all around Latin America. Also, OKCoin is looking to include other fiats in their listing in the next few months.
Additionally, the company is also preparing to open an office in Buenos Aires location in the coming months. They are building up a team for back support development in this location as well.
OKEx seems to be a global service at Hong Kong. This exchange has also been given the largest cryptocurrency exchange award in terms of daily trading volume. According to the CoinMarketCap, it hits around $1.6 billion trades during the press release. Also, Argentina currently has played numerous crypto-friendly moves throughout 2018.
- In May- Banco Masventas use Bitcoin for cross-border transactions
- In June- Crypto motivators announces a traveling “Bitcoin-wagon” campaign for crypto promotion and awareness in rural region Argentina.
Binance follows the move by recently expanding their fiat-crypto trading services in the Uganda location. Moreover, this allows customers to trade cryptocurrency in more effective and seamless way.
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