Huobi Group, the parent company of the Huobi cryptocurrency exchange, announced the official launch of Huobi Argentina.
Launch of Huobi Argentina
Huobi Argentina will launch in mid-Octobera local cryptocurrency exchange with a fiat gateway for exchanging Argentine pesos for cryptocurrencies using credit cards, bank transfers and digital payment services.
"Argentina is the most promising market for the development of blockchainBlockchain
- It is a continuous and sequential block chain of information (digital linked list). When building a blockchain chain, copies of related blocksBitcoin block
Is an element of the blockchain chain, a set of records aboutcompleted transactions in the cryptocurrency network. More details are simultaneously stored on many computers. More details in South America. There is already a general consensus to stop dependence on local currencies and banks, with Huobi entering the market, this is a great opportunity to move to blockchain and crypto in Argentina. "Said Carlos Banfi, CEO of Huobi Argentina.
- Huobi Argentina launched a few months after Changpeng Zhao, CEO of Binance, hinted that Binance plans to launch a cryptocurrency exchange in Argentina.
- Argentinean government has recently stepped upits efforts to limit the outflow of capital from the country. Earlier this month, the Central Bank of Argentina issued a statement restricting individual Argentines from buying more than $ 10,000 per month.