The investment in cryptocurrencies In Latin America it continues to gain followers. According to the most recent report “Crypto Panorama in Latin America”, 53% of virtual wallets operating in the region they have bitcoin. And in the case of Argentina that percentage is 48%.
In this framework, Bitso, the regional financial services company powered by crypto technology, enabled the possibility of sending and receiving bitcoin through the network Lightning for its more than 8 million users in the region.
In this way, Bitso reinforces resources so that Cryptocurrencies can be used in use cases such as local, cross-border payments and remittances.
“Lightning is the easiest way to send and receive bitcoin. It is very simple to use and is practically instantaneous. Plus, the costs involved in the transfer They are minimalso we hope that our clients begin to take advantage of this alternative to use bitcoin, the leading cryptocurrency in the crypto ecosystem,” highlighted María Fernanda Bello, Product Manager at Bitso.
To receive bitcoin through the Lighting Network, users must go to the “Deposit” section of their app, choose “crypto” and then “bitcoin,” and detail the amount to receive within the Lightning section.
This will generate a QR or “invoice” that must be shared with the person who is going to send bitcoin from your wallet, which must also support this network. Conversely, to send bitcoin, the user must receive a QR or “invoice” generated from the receiving account.
The addition of Lightning Network was a request from the customer community by Bitso. Making it a reality required a strong and experienced partner like Lightspark, which enabled Bitso to reliably connect to the Lightning Network.
“We are excited that more and more people can send and receive bitcoin through Lighting. Bitso customers will benefit from fast, instant and cheaper transfers. This is another important step for the region,” said Nicolas Cabrera, VP of Product at Lightspark.
In Latin America, books with local currencies (FIAT) of Mexico (BTC-MXN) and Brazil (BTC-BRL) are the most active. Therefore, integration with the Lightning network strengthens the existing flow of Bitso by allowing its users to receive payments in bitcoin more easily and economically, exchange it for FIAT currencies and withdraw their money.
The interest of Argentines in cryptocurrencies is growing
Argentines make up one of the largest crypto communities in Latin America. This also led Bitso to become interested in knowing What type of information do Argentines look for about cryptocurrencies? through digital channels such as Google, YouTube, Instagram, TikTok, X, Facebook and Telegram, in addition to traditional media and blogs specialized in the matter.
The most common questions about the crypto world among Argentines revolve around the value of these assets, where and how they can be purchased and how safe it is to do so. Much of the information surveyed online aims to understand what cryptocurrencies can provide, what their benefits are, but also their risks.
“At Bitso we highlight the importance of continuing to provide content of quality financial educationin a clear and reliable way, emphasizing what issues those who are just starting to operate with crypto should address. On our website, we have a blog with more than hundreds of educational entries that answer the vast majority of concerns,” commented Joel Glotzer, Communications Manager at Bitso Argentina.
Argentines also seek understand what the blockchain is and which are the most well-known or relevant cryptocurrencies. In the latter case, the majority searched for information about bitcoin (41.5% of total mentions); ether (11.8%), the stablecoins USDT (6.3%) and USDC (1.4%) and solana (1%), a currency that began to gain greater importance this year, due to its strong rise in the price.
Bitso is the leading financial services company powered by crypto technology in Latin America, with a community of more than 8 million clients, which allows you to buy, sell, hold, generate returns and carry out transactions with more than 50 cryptocurrencies.
Bitso Business is the company’s B2B segment, with more than 1,700 institutional clients and providing infrastructure for cross-border payments, enabling global businesses to pay and receive payments instantly in local currency and move money across borders efficiently and transparently.
Source: Ambito
