Hong Fan, OKX President, notes that she’s pleased to announce a major milestone in OKX’s global expansion – they have officially launched our leading crypto exchange and Web3 services in Argentina.
Given Argentina’s position as one of the “top” crypto markets in Latin America with rapidly accelerating adoption, it represents an exciting milestone as OKX’s latest global launch.
Consumer demand for cryptoassets continues “to surge as innovations in the country evolve at a stunning pace.”
It’s that combination of an established crypto foothold and swift evolution that makes Argentina so exciting as their next market.
As the “trusted” and “secure” crypto exchange platform with over 50 million users worldwide, our localized Argentina platform provides the full suite of OKX trading services, including:
- Crypto trading, staking, and deep liquidity across hundreds of crypto assets, backed by robust security protections
- Peer-to-peer OKX P2P for direct crypto purchases from verified local users
- Non-custodial OKX Wallet for accessing DeFi, NFTs, dApps and more
- Monthly Proof of Reserves reports to showcase the safety of user funds on OKX
As key players bridging decentralized finance and blockchain technology with the traditional finance world, OKX aims to “accelerate responsible crypto innovation globally.”
The launch of their services in Argentina represents “a crucial step in our larger vision of empowering individuals across Latin America by unlocking the opportunities of digital assets.”
They claim they’re just getting started.
As covered, Bitso —the financial services company powered by crypto in Latin America— released the first edition of its Crypto Landscape in Latin America: Report H2 2023, in which it reveals the importance that “the use of blockchain and crypto assets have gained, both in the region and locally.”
This x-ray on crypto adoption in Latin America “presents demographic data and comparisons of use that reveal the interests of people in the region regarding the adoption of this technology, as well as specific preferences and utilities according to the needs of each country in which the company operates (Argentina, Brazil, Colombia, and Mexico).”
Bitso turns 10 in 2024 and celebrates “with the presentation of the first edition of the document that will be issued semiannually.”
Among the findings of the report, it stands out that bitcoin remains “the most popular cryptocurrency, with a presence of 53% in the average Bitso portfolio compared to the global average of 50.4%, although there are exceptions, such as the case of Argentina.”