Huobi Global, one of the largest exchanges in traded volumes, has announced a partnership to make it easier for its Latam-based clients to acquire cryptocurrencies. The exchange has partnered with Astropay, a payment services platform, to allow customers in Latam in various countries to purchase cryptocurrency using fiat currencies.
Huobi Makes Crypto Easier to Buy in Latam
Huobi aims to be more attractive to customers from Latam who want to enter the cryptocurrency market for the first time. The leading crypto exchange recently announced a partnership with Astropay, a payment processing platform, to enable customers in Latam to buy crypto using fiat currencies in select countries.
Customers will have to use Astropay’s wallet to purchase the assets, with the option to do so in countries such as Brazil, Mexico, Colombia, Chile, Peru and Uruguay. The company said several payment methods would be supported, including credit and debit cards, and bank transfers. Region-specific options such as Pix in Brazil and SPEI in Mexico are also supported.
The company aims to provide a better experience for the growing number of customers in the region. On this, Lily Zhang, chief financial officer of Huobi Global, said:
Latin America claims a young and vibrant population brimming with enthusiasm for the crypto industry, and we have observed a significant increase in the number of new Huobi Global users from this region.
Furthermore, Zhang explained that the goal of the company’s move is to “make the purchase and trading of digital assets a safe, convenient and enjoyable experience for everyone”.