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