Press Releases 15 November 2018Press Releases
OKCoin launches in Latin America with fiat-to-crypto trading for the Argentine Peso
Licensed exchange now offers Argentine peso funding to trade with several major cryptocurrencies; other Latin American fiat currencies coming soon
SAN FRANCISCO & BUENOS AIRES, ARGENTINA — November 15, 2018 — OKCoin, one of the world’s leading digital asset exchanges offering its services over 110 countries, announced today the launch of its licensed exchange platform in Latin America by offering fiat-to-crypto trading between the Argentine peso and several major cryptocurrencies. Starting today, 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 already supports fiat trading for US dollars from users throughout the world. By adding the Argentine peso to its growing stable of fiat-based trading options, OKCoin signifies its commitment to bringing cryptocurrency trading to Latin American markets. The company plans to expand throughout Latin America and the rest of the world by supporting more local fiat currencies in the near future.
OKCoin is a licensed exchange that enables consumers to buy and sell digital assets in a regulated, secure and compliant environment. The company expanded to offer fiat trading in the US earlier this year and recently added crypto-to-crypto trading for 20 United States.
Today’s announcement comes as OKCoin prepares to participate in this week’s C20 Conference, which is billed as the world’s most important Spanish-language crypto conference, taking place November 16 – 17 in Buenos Aires. OKCoin is proud to be a main sponsor of the event and showcase its exchange platform to conference attendees at booth #17 in the expo. The company’s Latin American representative, Pablo Magro, will speak on “How to Buy Cryptocurrencies in Latin America” on November 17th at 2:10pm local time.
Argentinian consumers can get started with fiat trading by registering for an OKCoin account at www.okcoin.com and completing the individual or corporate verification form.
Founded in 2013, OKCoin is one of the world’s first and largest regulated digital asset exchanges. The company provides traders and institutions with a fiat-to-token and crypto-to-crypto trading platform for digital assets including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, XRP, Cardano, Stellar, Zcash, 0x and others. OKCoin’s mission is to eliminate trade barriers and improve transaction efficiency while complying with the highest regulatory standards in the US and the world. As a registered Money Services Businesses (MSB) with the Financial Crimes Enforcement Network (FinCEN). The company is headquartered in San Francisco, with offices around the world to serve its growing community and customer base. For more information, visit www.okcoin.com.
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