Cryptocurrency digital solutions are working together with traditional banking system in order to transform the financial world
18.10.2018 • 17:12hs • New economy
New economy
Argentina, the second largest bitcoin market in the world: how to get on the wave and start operating with cryptocurrencies
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The overcrowding of the cryptocurrency exchange platforms generated a new financial industry aimed at buying and selling digital assets. In this way, companies specialized in this sector were born that seek to promote their development and uses in different parts of the world.
Argentina, on the other hand, is one of the greatest exponents in crypto matters. Today, Buenos Aires ranks as the second market with the highest concentration of bitcoins in the world. Thanks to its decentralized and open model (which does not depend on banks or governments), more and more people are turning to this market.
"This is for everyone who wants to participate and is regulated by mathematics, by cryptography", explains for iProUP Manuel Beaudroit, co-founder and CMO of Bitex.la, an Argentine company that provides financial services on the bitcoin blockchain to buy this currency and make payments.
This company seeks to consolidate itself as a viable tool for users and companies to make international transactions from digital currencies. But to achieve this there is a constant - and necessary - dialogue with the most traditional banking entities: "We work together to generate good practices".
"For the banking sector it is to lower costs and improve customer experiences", explains the CMO and adds that "there are many incentives to immerse themselves in the crypto world".
In addition, he detailed some recommendations for everyone who wants to start immersing themselves in this world: "You have to read a lot, consume a lot of information on the subject, see how many people participate in each project, how many developers work on the technology, how many nodes you have and how decentralized. All this helps to know if an initiative is serious ".
