Bitfinex launches P2P platform in Venezuela, Argentina, and Colombia.

  • Bitfinex P2P will support the buying and selling of Bitcoin, Ethereum, and Tether tokens USDt and EURt.
  • The company aims to promote financial freedom and inclusion throughout Latin America.
  • Bitfinex made an investment in Chile-based crypto bank OrionX in May.

Bitfinex, one of the leading digital asset trading platforms, is continuing its expansion into Latin America as it seeks to provide financial freedom and inclusion to the region.

In the company’s latest news, Bitfinex announced the launch of its peer-to-peer (P2P) platform for users in Venezuela, Colombia, and Argentina.

Bitfinex P2P to support BTC, ETH and Tether

The platform, named “Bitfinex P2P,” will offer people in the three countries a way to directly buy and sell Bitcoin (BTC) and Ether (ETH). Users of Bitfinex P2P will also have access to Tether tokens (USDt and EURt) as well as Tether Gold (XAUt).

The platform will also allow customers to swap digital tokens, according to a press release published on Tuesday.

Paolo Ardoino, CTO of Bitfinex, said:

“By offering a reliable and efficient platform for P2P token trading, we are empowering our customers to engage with the marketplace in a way that affords maximum convenience based on their needs and preferences. We believe in the transformative power of Bitcoin and other digital assets, as well as the importance of providing greater access to innovative financial technologies worldwide.”

Bitfinex’s entry into the P2P market in the region is likely to be welcome news to crypto users after two of the leading P2P marketplaces, LocalBitcoins and Paxful, shut down their operations. The expansion also comes after Bitfinex invested in Chilean “crypto bank” OrionX, a deal completed in May.

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