OKCoin Starts Latin American Exchanges, Begins Trading

Innovation, Investing, News, Regulation | November 17, 2018 By:

OKCoin, the digital asset exchange, has added to its roster of 110 countries by launching its first Latin American outlets. The service now offers fiat-to-crypto trading between the Argentine peso and several other major cryptocurrencies.

Traders in Argentina can deposit Argentine peso (ARS) in exchange for cryptocurrencies including bitcoin, Bitcoin Cash, ethereum, Ethereum Classic, Litecoin, Ripple, Cardano, Stellar, Zcash and 0x, with more being added soon. Other Latin American fiat currencies will be added in the coming months. OKCoin plans to open an office in Buenos Aires and build up a team to support its business throughout Latin America.

“OKCoin is committed to opening up new markets for digital currency consumers throughout the world, and we are very excited to bring our safe, secure and licensed trading platform to consumers in Argentina,” said Tim Byun, CEO at OKCoin USA. “This is just the beginning of our Latin American expansion, as we’re aiming to grow throughout the region by bringing institutional and retail traders there an array of trusted trading options so they can buy and sell with confidence.”

OKCoin  plans to expand throughout Latin America and the rest of the world by supporting more local fiat currencies in the near future.