1. QiAi QuestsHome
  2. Daily Digest

TruBit Connects with Mexican Franc Channel SPEI to Ease Cryptocurrency Trade

• Daily Digest • 68 views

On March 7, TruBit, the Latin American compliance cryptocurrency trading platform, officially announced the connection to the Mexican franc channel SPEI, which…

TruBit Connects with Mexican Franc Channel SPEI to Ease Cryptocurrency Trade

On March 7, TruBit, the Latin American compliance cryptocurrency trading platform, officially announced the connection to the Mexican franc channel SPEI, which means that Mexican users can trade cryptocurrencies directly in the wallets and exchanges of the platform through the transfer of all Mexican bank accounts.

TruBit, the Latin American compliance encryption trading platform, opened the Mexican legal currency channel

Interpretation of the news:


TruBit, a compliance-focused cryptocurrency trading platform in Latin America, has officially announced its connection to the Mexican franc channel SPEI. This move will enable Mexican users to trade cryptocurrencies directly in wallet and exchanges on the TruBit platform by transferring funds from all Mexican bank accounts. The new threshold will go a long way in easing cryptocurrency trade in Mexico, which has been largely dependent on third-party solutions to transact in digital assets.

With the integration of the SPEI channel, traders using TruBit can easily trade, retain and use cryptocurrencies directly without relying on costly intermediaries. For long, Mexican traders have suffered from low liquidity and high fees attributed to third-party wallets and exchanges used in transacting cryptocurrencies. The integration will not only increase access but also reduce the cost associated with cryptocurrency trade in Mexico. As SPEI channel operates on a network of Mexican banks and finance institutions, users will benefit from cost-effectiveness, speed and security in their transactions.

The move by TruBit is significant as Mexico attempts to regulate its cryptocurrency sector in line with international standards. The country’s central bank has not been friendly with cryptocurrencies as it has pushed for tighter controls to curb money laundering and other criminal activities. TruBit, through its Mexican franc channel SPEI connection, is set to provide a reliable and secure solution to Mexico’s cryptocurrency trade issues.

In summary, TruBit announcing its connection with the Mexican franc channel SPEI is a significant step towards easing cryptocurrency trade in Mexico. The integration will enable users to trade, retain and use cryptocurrencies directly, reducing the fees and low liquidity experienced while using third-party wallets and exchanges. By connecting with a Mexican bank and finance institution network, it will not only increase cost-effectiveness but will also improve the speed and security of transactions. This move will help the Mexican government in its regulation of the cryptocurrency sector while providing a reliable solution to cryptocurrency traders in the country.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/5653.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/07/2023 05:22
Next 03/07/2023 05:43

Related recommendations