An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
The Best Crypto Exchanges in LATM
Here are some examples of popular cryptocurrency exchanges in Latin America:
- Binance: Binance has a large presence in Latin America and offers trading in various cryptocurrencies. Binance is known for its low fees, fast transactions, and various trading pairs.
- Bitso: This Mexico-based exchange is one of the most popular in Latin America and offers trading in Bitcoin, Ethereum, and Ripple, as well as Mexican pesos. It also has a strong focus on compliance and security.
- Buda: This Chilean exchange is one of the oldest in Latin America and offers trading in various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It also has a strong focus on compliance and security.
- Ripio: This Argentina-based exchange is one of the most popular in Latin America and offers trading in various cryptocurrencies, including Bitcoin and Ethereum. It also strongly focuses on compliance and security and offers a mobile wallet service.
- Mercado Bitcoin: This Brazil-based exchange is one of the most popular in Latin America and offers trading in various cryptocurrencies, including Bitcoin and Ethereum. It also strongly focuses on compliance and security and offers a mobile wallet service.
- CryptoMarket: This Chile-based exchange is one of the oldest in Latin America and offers trading in various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It also strongly focuses on compliance and security and offers a mobile app for trading on the go.
- SatoshiTango: This another Argentina-based exchange is a popular choice in Latin America and offers trading in various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It also offers a mobile app for trading on the go and strongly focuses on compliance and security.
- BitINKA: This Peru-based exchange is a newer entrant to the market, but it has been gaining popularity in recent years. It offers trading in various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It also strongly focuses on compliance and security and offers a mobile app for trading on the go.
These exchanges are among the most popular and well-established in the region, but they are not necessarily the “best” for everyone. Therefore, it’s important to research factors such as fees, supported currencies, security, and user experience before choosing an exchange.