How to Buy Cryptocurrency in Argentina

Buying cryptocurrency in Argentina

Buying cryptocurrency in Argentina Although Bitcoin is not a legal currency in Argentina, people are using it more than ever. The crypto industry in Argentina saw record-breaking trading volumes in 2020 when Ripio, one of the largest crypto exchanges in the country, officially crossed the 400 000 users milestone. At the end of the year, Ripio had over 1 million users, which shows how significant 2020 has been for the development of the crypto industry in Argentina. Argentina's population turned to cryptocurrencies because of the economic struggles the country has been going through lately - including massive debts and high inflation. Crypto turned out to be the best alternative for storing wealth while the rest of the country's economy is on thin ice. It's easy to obtain cryptocurrencies in Argentina as there are a couple of popular exchanges to choose from. In fact, Argentina was one of the earliest adopters of cryptocurrency in Latin America where many businesses accept Bitcoin as a valid payment method.
As of 20/03/2021

Exchanges Info

These exchanges all accept customers from Argentina. While they broadly offer the same services and you can buy cryptocurrency at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Open a Bybit Account

Bybit

Based in Singapore and registered in the British Virgin Islands, Bybit is a P2P cryptocurrency exchange offering perpetual futures products with 100:1 leverage. Bybit can process 100k transaction per second which is a great feature for leveraged trading.

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