More Users Flock to Crypto in Argentina, Peru

More Users Flock to Crypto in Argentina, Peru
Source: Adobe/jesuschurion57
Crypto adoption is on the rise in South America, where Argentinians have opened at least two million crypto trading accounts, while Peruvian traders have broken new ground.
Per Infobae, a “number of industry sources reported” that Argentines have been increasing their crypto buying in recent months.
However, the media outlet noted that the experts agreed the market was in an “experimental stage” that meant that “two million accounts does not equate to two million active customers.”
The media outlet quoted Andrés Ondarra, the CEO of
Bitso Argentina, as stating that the company’s Argentinian operations have seen 375,000 customers join since it began operating a year ago.

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