In the highly risk-driven scenario of cryptocurrencies, crypto exchanges play an important role in facilitating transactions, exchanges, and trading.
The listing of coins on exchanges makes them even more convenient and secure, and that serves as the primary reason why the listing of cryptocurrencies on reputed exchanges garners substantial attention from the financial experts.
The recent announcement of Cryptofacil, Latin America’s fastest evolving cryptocurrency exchange, concerning the listing of popular digital currency coin, BTT, on its platform attracted many eyeballs.
Bittrex.com has made Cryptofacil exchange its official partner for the Latin America and the Caribbean region. This partnership is expected to bestow the exchange with the opportunity of a high volume of activity in more than 250 marker places clubbed with the most trustable security measures.
Crypto experts are of the view that the digital market arena is most likely to enjoy its peak growth period in terms of trading volumes in the coming two years span. This can also be supported with the fact that when the entire world economy showed plummeting rates, Latin America outshined with a rise in crypto.
The fast proliferation of crypto in the Latin America region can be attributed to some driving factors, namely, rising demand but low penetration, hyperinflation in the economy, and a huge unbanked population. These merits of the region have shifted the focus of the crypto exchanges including Cryptofacil, towards itself.
In the earlier part of the year, Coinbase CE, Brian Armstrong tweeted,
Interesting that the crypto market is following a totally different pattern in LatAm (source data from LocalBitcoins) – there was no winter. pic.twitter.com/4hPiAFpY18
— Brian Armstrong (@brian_armstrong) May 29, 2019
The listing of BTT on Cryptofacil will make the coin even more popular in the Latin American region as the users will find all the information about their BTT assets in the Spanish language. The price of TRX will be shown in USD and also in the local currency depending upon the country from where it is being accessed.
As most of the educational information about BTT is available in English, its presence in Spanish will help in creating awareness and interest amongst the masses in the Latin American space.
The user-friendly features designed specifically for experienced as well as non-experienced investors, make the platform easy to access for one and all. By using the advanced trading view option, experienced investors can place their orders on the portal.
On the other hand, less experienced investors can use market orders option from the home view to place their requirements.
The interested investors can use credit cards as well for buying BTT and Bitcoin. The purchased Bitcoins will be transferred to their Cryptofacil wallet. The users can then trade their coins for TRX.