How to Buy Cryptocurrency in Uruguay

Buying cryptocurrency in Uruguay

Buying cryptocurrency in Uruguay Thanks to Uruguay�s blockchain and cryptocurrency-friendly stance, trading cryptocurrency is quite easy. No official regulation banning or permitting cryptocurrencies exists in Uruguay, making it a bit of a borderline case. Despite these unclarities, the citizens of Uruguay are free to own crypto, so long as they don�t use them for any illegal activities. Furthermore, Priapolis, a popular beach resort in Uruguay, has found a new use for cryptocurrency. People are encouraged to deposit plastic waste at a designated location, where they receive cryptocurrencies in return. The project was created having in mind the fact that the country has been dealing with over-tourism and beach pollution for years. So, Juan Rivero and Nicole Wyaus, two environmentalists and crypto enthusiasts, managed to convince a government authority, the National Agency for Development (ANDE), to pilot this project. Named plasticoin, the project was an attempt to help clean up coastal lines by using cryptocurrency.
As of 20/03/2021

Exchanges Info

These exchanges all accept customers from Uruguay. 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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