Peru Shows Signs of “Accelerated Growth” in Crypto Trading

2018-8-5 09:04

Latin America has turned out to be one of the most promising markets for cryptocurrencies around the world, with a dizzying growth in recent years. According to data from various sources, although other countries have a higher user base, the growth rate of some South American countries far exceeds that of other nations in the world where even the number of users has decreased.

The reasons for the success of cryptos in South America are diverse since the region is socially and politically heterogeneous. From curiosity to political crises, many factors have encouraged users to adopt cryptocurrencies as a mechanism for exchanging or storing value.

One of the countries that had a significant expansion in the cryptomarket is Peru. The nation has seen the volume of trades increase at a fast pace, with a monthly rate that has sometimes grown by up to 50%.

The South American country registered a record number of transactions worthing 106 BTC per week in localbitcoins, during the month of May, in the middle of the bearish market.

Graph provided by coin.dance

Walter Salmeri: A Bullish CMO in a Heterogeneus Market

In an interview for the Latin American portal “Cripto Noticias,” Walter Salmeri, CMO of BitInka, a south American crypto exchange, spoke about the situation of the Latin American market, especially the growth of the Peruvian segment.

Regarding the current situation of the Peruvian market, he commented that it is not very different from the general trend. He was particularly optimistic about possible growth for the last quarter of 2018:

“As is the case all over the world, cryptomarket always grows in the long run and a lot. Although it has shown a retraction and stagnation during the first months of the year, as a result of the enormous fall in the prices of most crypto actives, it is currently showing an accelerated growth and, as many believe, it will be further boosted in the last three months of 2018.

Our estimates also show this growth. As for stability, there is still a long way to go to ensure that current growth is stable. In Peru, we already have over 20,000 users on our platform.”

Walter Salmeri Cryptos Are Taking Over Latin American Markets

Salmeri also commented that Bitcoin is the most popular token, followed by Ethereum, Ripple, Bitcoin Cash and Litecoin. He noted that from the legal point of view, even though not illegal, there is no defined regulatory framework for crypto money.

He also spoke of their presence outside Peru:

Venezuela had been one of our most important, if not historical, markets. We had a local presence in the country but, unfortunately, we had to conclude our operations…

As for other countries in the region, Brazil and Argentina continue to lead the markets and the crypto industry in general terms.

Likewise, countries such as Colombia and Chile have increased their volume of operations in a sustained and robust manner.

Punctually on our platform, volumes in Chile and Colombia have surpassed those of Brazil and Argentina at specific times in the last six months.

An overall Optimistic Opinion

The interview ended with a somewhat optimistic outlook on what many people referred to as the “blockchain revolution.” The BitInka team firmly believes not only in the potential of cryptocurrency but also of blockchain technologies in general:

“We believe what we have always believed, since day 1: Blockchain technology and everything that goes with it will be the future of all industries. Everything will be influenced by this technology; nothing will escape it.

It is a universe in which everything is yet to be created, and that is our passion. People’s lives will improve because of all this, inevitably. When something good is imminent and inevitable, there is no other option but to feel excited and motivated to participate in such a change, so promising and so positive for everyone’s life.

Walter Salmeri

The post Peru Shows Signs of “Accelerated Growth” in Crypto Trading appeared first on Ethereum World News.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

LALA World (LALA) на Currencies.ru

$ 0 (+0.76%)
Объем 24H $0
Изменеия 24h: 5.17 %, 7d: 9.44 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.009589 (-100%)

growth world peru signs countries trading accelerated

growth world → Результатов: 62


AllSporter ICO

AllSporter is a marketplace for the sports enthusiasts, letting its members book training or rent equipment in a peer-to-peer model. AllSporter gives all users the possibility to share their sports gear, skills or data and earn by doing so, in a decentralised and secure way.

2018-8-3 14:17


President Bill Clinton Keynotes Swell 2018

Today, we’re thrilled to announce 42nd President of the United States Bill Clinton as the keynote speaker for Swell – where the world’s leaders in policy, payments and technology connect. At a time when groundbreaking technology and regulation were often on a collision course, President Clinton helped usher in a period of extreme growth and … Continued The post President Bill Clinton Keynotes Swell 2018 appeared first on Ripple.

2018-7-31 19:00


Фото:

Ripple Exec: ‘Thrilled’ With Regulators Taking Interest in Cryptocurrency

Ripple (XRP)–Executives at Ripple are giving the impression that they welcome the introduction of regulators and increased scrutiny in the space of cryptocurrency. While some community members and investors are skeptical of increased regulation, seeing it as an attempt to stifle the growth of cryptocurrency and introduce the centralization that the industry has been designed […] The post Ripple Exec: ‘Thrilled’ With Regulators Taking Interest in Cryptocurrency appeared first on Ethereum World News.

2018-7-28 00:08


Фото:

One Week Away from TRON (TRX) ‘Secret Project’ Announcement

TRON (TRX)–On July 30th, TRON will reveal its long-anticipated ‘secret project’ that will mark the next step in TRX growth and innovation. TRON Virtual Machine and ‘Secret Project’ In June, during a celebration live-stream to commemorate TRON’s Independence Day (the official diversion of the TRX genesis block away from its ERC-20 roots), Justin Sun tantalized […] The post One Week Away from TRON (TRX) ‘Secret Project’ Announcement appeared first on Ethereum World News.

2018-7-23 03:08


Фото:

Promoted: The Future of Online Shopping Is Powered by Spl.yt — A Decentralized E-Commerce Protocol

As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.

2018-7-16 19:45


Фото:

NEO And Its Future

Since its launch four years ago as AntShares, NEO has come such a long way and the journey has only really just begun. As the saying goes, the future’s bright. During 2017, the NEO project really came into its own and achieved significant growth and recognition within the cryptocurrency world.

2018-7-14 15:00


CTO Coinbase: число пользователей криптовалют вырастет в 60 раз

Потенциальное число пользователей криптовалют может вырасти в 60 раз. Об этом заявил технический директор криптовалютной биржи Coinbase Баладжи Сринивасан. About 8% of Americans hold crypto and probably <1% of the world.

2018-7-13 16:41


BC Crypto Standard – Facilitates Companies Throughout the World in Next-Generation Blockchain

BC Crypto Standard is fully empowered to facilitate leading companies throughout the world in next-generation blockchain through the big data-driven viral growth traffic operations. The post BC Crypto Standard – Facilitates Companies Throughout the World in Next-Generation Blockchain appeared first on CoinSpeaker.

2018-7-10 13:06


Tracking The Rise In Global Economic Inequality: New Evidence From The World Inequality

The first World Inequality Report (WIR2018), documents a sharp rise in global economic inequality since the 1980s despite strong growth in emerging economies. It also discusses country-to-country inequality trajectories (including UK’s wealth inequality dynamics) and highlights the importance of policy-making in the diverging trends observed across countries and world regions. Get The Timeless Reading eBook […]

2018-6-23 10:57


Фото:

High Chance Amazon Will Partner With Ripple (XRP) In 2018

Not content with being one of the most ubiquitous companies in the world, it is speculated that Amazon is highly likely to partner with Ripple (XRP) in 2018. Ripple, an international real-time gross settlement company dealing in currency exchange, supports cryptocurrency exchanges and flat coins, has been exploring growth expansion into the banking sector.

2018-6-20 17:30