When we speak of cryptocurrencies, we need to understand that they are a global phenomenon. It’s not just the first-world countries, those who are going through the crypto revolution. But that, in virtually all regions of the world are starting to enter on the open market for the Bitcoin. And today we tell you how you can integrate your also from Uruguay.
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The cryptocurrencies in Uruguay
While the great majority of the countries of Latin America through eras of social and political instability. Motivated, above all, due to the development promises unkept during the last few decades. And the frustration generated in the population due to these failures. Uruguay is a different case. And that is, the small nation of the south, seems to be an area of calm in the ocean of unrest in Latin america. Even, when the presidential succession, has been satisfied with the output of the left power in Montevideo. This has not resulted in disorders of importance, as if it has occurred in other countries of the region. That does not mean that the cryptocurrencies do not have a place in the country charrua. Therefore, it is not necessary that a State is mired in the mess to which the Bitcoin and other criptoactivos, get a niche market. At the end of the day, the peace and prosperity in the trade are also strong incentives for the development of the cryptocurrencies. Which then begin to integrate in daily trade. Developing other attributes other than being an active reserve of value, but equally important. As we already saw in the Dominican Republic. And that would be the explanation for the acceleration in the influence of the crypto market in Uruguay.
The best exchanges to buy BTC in Uruguay
This same prosperity of existing business in the territory of Uruguay. And motivated thanks to the freedom of movement of goods and capital that seeks to promote the national government. Is the one that allows the acquisition of BTC within the country to be a relatively easy task. Therefore, the access to the exchanges of international importance, it is not complicated to uruguayan citizens. Much more, if these exchanges are located specifically in Latin America. As is the case of the first platform recommended to invest in Bitcoin from Uruguay: SatoshiTango. And that is, this exchange has the advantage of not being only an exchange of international importance. With the standards of quality and safety that this implies. But, in addition, a platform focused specifically in the Latin american market. Accepting not only dollars and euros for transactions, but currencies of Latin America like the chilean peso, argentinean, and mexican, and brazilian real. An advantage similar to that provided by Buda.com. An exchange born in the southern cone, having its base of operations in Santiago de Chile. But with commercial presence in the main countries of the region. Especially in two part, next to Chile, the Pacific Alliance: Colombia and Peru. Therefore, for the people of Uruguay will be easy to invest in Bitcoins through any of these two platforms. Thanks to his knowledge of the Latin american environment. And the provision of services specifically focused on this market. But, if you prefer to go to an exchange international. There are also multiple options available for the uruguayans. Among the highlights one of the major sharing platforms at the global level. We refer to Binance, an exchange where not only you will be easy to acquire Bitcoin, but other cryptocurrencies and products such as future contracts on Bitcoin of Binance.
What you must take into account before investing?
However these investment opportunities in Bitcoin. Before you start to acquire the criptomoneda from Uruguay, it is necessary to have in mind the big picture of government. And more specifically, the regulations of the country in southern in the matter of cryptocurrencies. In this regard, up to now, the government of Uruguay has not expressed intention to regulate this market. But, on the contrary, has dismissed the validity of the criptoactivos, to deny that they are values that need regulation. Despite which, government institutions have established strategic alliances with companies Blockchain. With the aim of improving their capacity in the use of this technology. As well as their knowledge of the functioning of virtual currencies. And now that a new government will assume the address of the destination of Uruguay. It is necessary to pay close attention to the signals that gives the address of the uruguayan State. To know, in this way, the intentions that brings this new government with respect to Bitcoin and other cryptocurrencies. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.