Huobi Acquires Latin American Crypto Exchange Bitex

• Huobi plans to integrate Bitex’s speech level with its planetary platform, the institution said in a statement. Bitex volition proceed operating nether its existent sanction and absorption squad successful Latin America, Bitex CEO Francisco Buero told CoinDesk.

• Founded successful 2014, Bitex operates successful Argentina, Chile, Paraguay and Uruguay. It is astir to motorboat operations successful Peru and plans to grow “soon” to different undisclosed Latin American countries, according to Buero. He excluded Brazil from that database of countries for the clip being.

• With implicit 200,000 unfastened accounts, Bitex serves individuals, precocious nett worthy clients and firm customers, Buero said.

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