BitInka, the most popular cryptocurrency exchange platform in Latin America, has announced the integration of TrueUSD (TUSD) as the first Stablecoin available for exchange on its platform. TrueUSD (TUSD) is fully guaranteed and can be redeemed for the US dollars at a 1 to 1 report.
“As our database continues to grow, so does our commitment to improve options for buying cryptocurrencies, improving easier and more convenient method for Latin Americans to enter the cryptocurrencies market. We are delighted to now offer our first Stablecoin, TrueUSD (TUSD), which will give our customers the opportunity to participate in the global cryptomoney market using their local trust currencies,” commented Roger Benites, BitInka CEO.
“As the first and only Stablecoin backed by the USD in addition to regulatory and exchange support, TrueUSD (TUSD) expansion into the Latin American cryptocurrencies market with the BitInka listing allows us to serve the growing demand for cryptos better, worldwide. BitInka users can now protect their investments with a stable asset at prices,” said the TrustUSD (TUSD) co-founder and head of corporate development, Tory Reiss.
BitInka, the most popular cryptocurrency exchange platform in Latin America, listed TrueUSD (TUSD) Stablecoin
BitInka users will now be able to buy and sell TrueUSD (TUSD) in Colombian Pesos, Argentine Pesos, Chilean Pesos, Nuevos Soles, Bolivianos, Brazilian Real, US Dollar, Euro, and Yuan, as well as in Bitcoin (BTC).
TrueUSD (TUSD) is the first product of TrustToken, a platform that uses blockchain technology to tokenize real-world assets in order to create greater liquidity. TUSD allows traders to seamlessly transfer cryptocurrency assets while ensuring a stable value against the US Dollar.
BitInka, founded in Lima, Peru, is the most popular Latin American cryptocurrency exchange platform that offers the most extensive variety of fiat-crypto pairs in the world. BitInka is present in more than 18 countries from Latin America, Europe, and Asia, and allows its customers to buy and sell cryptocurrencies at the lowest commissions in the crypto trading market.
Ian Kennedy is the newest contributor to Crypto Daily Gazette. He enjoys running, practicing minimalism and cooking. Ian is a graduate of Wesleyan University in Connecticut where he studied journalism, Arabic and international affairs. Ian mostly covers stories concerning emerging blockchain technology.