April 26, 2024

Institutional FOMO: Mexican Companies Invest in BTC

Institutional FOMO: Mexican Companies Invest in BTC

Managing partner of the consulting company PricewaterhouseCoopers in Mexico, Mauricio Hurtado, said thatMexican companies are looking to follow the lead of tech giant Tesla and invest in bitcoin.

Meanwhile, even in the past, the firms of the organization wereworried about regulatory risks and were wary of investing in an unfamiliar asset. Much has changed lately, however, as many now believe that they simply cannot afford to stay out of innovation.

The haste to invest in cryptocurrency was influenced bysolutions from MicroStrategy and Square, which are actively involved in buying bitcoins. Large international banks also view "these currencies" as "reliable transaction mechanisms."

«Thus, businesses adapt to market realities to gain an advantage over their competitors. In this regard, we are seeing important changes»- said Hurtado.

Cryptocurrency adoption in Mexico is on the rise, for exampleLate last year, a group of investors funded local cryptocurrency exchange Bitso for $ 62 million to expand in Latin America.

Additionally, last year, one of the country's richest men, Ricardo Salinas Pliego, announced that he had invested 10% of his liquid portfolio in BTC.

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

# Cryptocurrency exchange Official site Site evaluation
1 Binance (Editor's Choice) https://binance.com 9.7
2 OKEx https://okex.com 7.4
3 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5
5 Yobit https://yobit.net 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Institutional FOMO: Mexican Companies Invest in BTC

</p>

Rate this publication