The popular cryptocurrency exchange Bittrex is partnering having newer digital asset trading platform, Cryptofacil, to make a space for trading over 270 different currencies in Latin America along with the Caribbean, as revealed with a press release.
Reaching New Markets
Co-founder of Cryptofacil, Andres Szafran, commented about the merger:
“This partnership with Bittrex positions Cryptofacil to be a leader while in the Latin America and Caribbean digital asset markets, by having an offering more than 270 token pairings. With a unique cp, our platform permits our customers to manage trades from a simple way, with premium services and competitive market fees.”
Located in america, Bittrex provides its current experience as being a definite exchange reaching many countries throughout the globe. The Uruguay-based team at Cryptofacil will pinpoint the two targeted regions, using the potential to expand afterward.
The exchange is targeting a place where many citizens simply don’t possess access to banking. It certainly is not the only company interested in move in either, with groups like Bitex, Cryptobuyer, and Volabit vying for market share, among others.
Building A Legacy
CEO of Bittrex, Bill Shihara, shared his thoughts to boot:
“Bittrex works each day to advance blockchain technology which partnership with Cryptofacil will further drive its worldwide adoption. Cryptofacil and Bittrex will provide Latin American and Caribbean customers a reliable, fast and secure trading platform which also offers access to some of the world’s state-of-the-art blockchain projects.”
Interested users can sign up for early access on Cryptofacil’s official website. The exchange will support English, Spanish, and Portuguese languages, feature advanced trading tools, and support Mastercard or visa for purchases.
Bittrex was simply in the news last month, with the platform threatening to delist Bitcoin Gold from the trading pairs mainly because of the currency losing millions to attacks. Also, the favorite exchange?partnered with Rialto trading just recently to create a space for trading securities.