Spanish Crypto Exchange Bitbase Expands to Latam
Bitbase has announced its expansion in Latin America with the opening of a store in Paraguay. Bitbase looks towards Latham
While the current bear market has negatively affected some cryptocurrency companies, others are expanding their activities to new latitudes, seeking to benefit from the popularity of cryptocurrencies.
Bitbase, a cryptocurrency exchange offering support in physical stores, has announced the opening of its first store outside Europe. The company has recently opened a new store in Paraguay, where it will provide support to customers who want to get into the world of cryptocurrencies.
The store will also have its own cryptocurrency ATM, which will allow customers to buy or sell bitcoins and other cryptocurrencies in exchange for the fiat currency of Paraguay. According to Bitbase, this will be the first store of its kind in the country, followed by new stores in other cities of Paraguay. Bitbase also operates a significant number of cryptocurrency ATMs in several locations in Europe, accounting for 6% of the total on the continent.
Expansion plans
However, the exchange's expansion plans go even further. According to the company's reports, the next country on the growth roadmap will be Venezuela, where Bitbase aims to create a place similar to the one just opened in Paraguay. The exchange opened its first location outside Spain in January, marking the beginning of its international expansion.
The company announced its interest in opening its business in Venezuela back in February.
https://coin-signal.com/cryptonews/spanish-crypto-exchange-bitbase-expands-to-latam/
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