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Chinese Digital Asset Exchange OKCoin Expands To Latin America

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Digital Asset exchange OKCoin has expanded its operations to Latin America after covering most of the US states following its expansion to the U.S. in July 2018. OKEx launched a licensed exchange platform in Argentina to offer fiat-crypto trading services.

According to OKCoin, traders in Argentina can now deposit or withdraw the Argentine peso (ARS) in exchange for cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Ripple (XRP), Cardano (ADA), Stellar (XLM), Zcash (ZEC), 0x (ZRX), and more.

The platform can now offer both Spot and Margin trading between the Argentine peso and several major cryptocurrencies.

Argentinian crypto markets are experiencing remarkable growth, even as the nation struggles with a volatile peso.

OKCoin, the parent company of cryptocurrency exchange OKEx, makes it possible for traders to exchange fiat currency for cryptocurrencies on a secure and licensed trading platform that complies with local and international regulations.

OKCoin is also looking to expand its services for other Latin American fiat currencies and more cryptocurrencies in the coming months.

The move to expand operations to Latin America comes just ahead of the C20 Conference, the Spanish-language crypto conference being held on November 16 and 17 in Buenos Aires, which OKCoin is sponsoring.

China-based OKCoin expanded its operation outside China by launching its platform in South Korea in January 2018 and entered the U.S in July 2018. OKCoin already supports fiat trading for US dollars from users throughout the world.

In September, OKCoin expanded its operations in the U.S. by offering crypto-to-crypto trading in 20 new states. It marked its entry into the U.S. market with the launch of an exchange for California residents in July 2018.

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