Bitfinex, a digital asset trading platform, is continuing to foster financial self-reliance and accessibility in Latin America. With the initiative Bitfinex P2P, users in Venezuela, Argentina, and Colombia can start easily trading peer-to-peer:

“By offering a reliable and efficient platform for P2P token trading, we are empowering our customers to engage with the marketplace in a way that affords maximum convenience based on their needs and preferences,” #Bitfinex CTO, @paoloardoino https://t.co/ubeo8xJnWS

— Bitfinex (@bitfinex) June 27, 2023

Bitfinex P2P allows for direct trading of Bitcoin (BTC), Tether tokens (USDT, EURT), Tether Gold (XAUt), and Ether (ETH) between users without needing to use the traditional Bitfinex platform, according to the press release. An additional functionality enables swapping digital tokens within the platform.

In two steps, users, known as “Makers,” generate “Ads” to indicate their intent to trade one of the above tokens. These Ads are displayed on the “Ad Board,” allowing other users, or “Takers,” to start trading under the agreed conditions. With the Bitfinex P2P public marketplace, fellow traders can assess potential trading partners by reviewing their transaction statistics and other relevant details before making the sale.

Chief technology officer of Bitfinex, Paolo Ardoino, expressed enthusiasm about the launch of Bitfinex P2P in the three South American countries. Bitfinex is arming its users with a robust

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Author: Emily Tonelli

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