Cryptocurrency Exchange SurBTC Expands to Peru

Announcements, FinTech, Investing, News | August 23, 2017 By:

South American cryptocurrency exchange SurBTC has expanded its services to the Peruvian market. Peruvian customers can now buy and sell bitcoin and ether with Peruvian Suns (Pen) on its platform.

The exchange will be offering zero-fee trading to Peruvian customers until September 30 as an incentive to entice new users to experiment with the platform.

Surbtc CEO Guilermo Torrealba said that the company expects at least 10,000 Peruvian customers in its first year, which would comprise a 50% increase of Surbtc’s current total customer base.

Despite the optimistic expectations, Torrealba concedes that greater Latin American cryptocurrency adoption will take time and work on the part of advocates for the technology.

“Cryptocurrencies are the future, but do not take their quick adoption for granted. For this we have to work.” said Torrealba.

Founded in 2014, SurBTC is a technology company that develops and operates services using bitcoin technology. It launched the first bitcoin exchange in Chile in 2015 and has expanded its operations of Peru and Columbia. The exchange claims to have over 20,000 users in Chile and Columbia.