Who could doubt that the cryptocurrencies are becoming more and more important in our world? No matter which country you are, no matter how you run the economy of your city. If there is something impossible to stop in the world is to the crypto revolution is in progress. Therefore, even in a country where the same has not yet arrived with all their forces, such as Paraguay. We need to know how to buy and sell Bitcoin, so that this revolution did not leave us behind.
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The cryptocurrencies in Paraguay
Paraguay historically has always been a very special case in Latin America. Being a country with a tradition rather isolationist. That has its origin in the independence, when the country was totally closed to the communication with their neighbors. And in the results of the disastrous and criminal War of the Triple Alliance, which decimated the population of the guaraní nation. For this reason, Paraguay has remained usually at the margin of many of the transformations that have taken place in Latin America. And when it has been incorporated, has not made a lot of noise. But rather, a discrete and accepting the changes around them. Which, of course, does not mean that Paraguay is a nation asleep, or much less. What is certain is that, by focusing on its internal development. The south american country has managed to maintain rates of growth in its national economy is quite respectable. Also avoiding the instability that currently plagues Latin America. However, this also means that Paraguay is one of the countries where less have penetrated the cryptocurrencies as the Bitcoin. To exist, despite the fact that there is no law against the acceptance of BTC in trades in the country. Just a handful of businesses across the nation that accept cryptocurrencies. Of course, and as in the rest of the world, this situation is changing. With more and more people are acquiring and using criptoactivos in Paraguay. Being even so, a transformation that goes to a much slower pace than in other countries of the region.
The best exchanges to buy BTC in Paraguay
The existence of this trend towards a wider adoption of cryptocurrencies. Makes it crucial for the inhabitants of Paraguay, to know that options are available for purchase criptoactivos from your country. For what which have basically the same possibilities that other Latin american countries. Being in the first place, and as is tradition in this series of articles, SatoshiTango the exchange and most recommended in Latin America. Thank you especially to the great experience that possesses this company in the regional market. And the personalized support that you can provide to the customers of our countries. So, SatoshiTango is the platform of exchanges favorite of a large part of the crypto community in Latin america. What also helps, the the exchange to accept for the operations in cryptocurrencies, the use of several of the major currencies of the region. Among them, the mexican peso, chilean and argentine, and the brazilian real. On the other hand, another exchange regional, and with a spirit that is in addition oriented towards South america, is Buda.com. An exchange whose headquarters are located in Santiago of Chile. And that, like SatoshiTango, also has a wide experience in the provision of services in Latin America. However, in the case of Buda.com this experience is found within the regulatory framework of the Pacific Alliance. One of the main trading blocs of the world. Which is why, this platform has a presence specialized in countries such as Colombia and Peru, part of the AP. As well as in Argentina, one of the leading countries in terms of the use of cryptocurrencies as Bitcoin is concerned. Finally, for the people of Paraguay who do not feel comfortable working with exchanges regional. There is also a wide selection of platforms of international exchange at their disposal. Among which, Binance stands out, not only for the quality of their services. But by the variety of cryptocurrencies accepted in their platform.
What you must take into account before investing?
Finally, prior to making an investment in Bitcoin from Paraguay, we should be aware of all the factors that will impact on the same. Which translates basically to understand the regulatory framework in which they settle the cryptocurrencies in the country. And is that, like the vast majority of the countries of the region. In Paraguay there is no specific legislation that is in charge of regulating the criptoactivos. Which means that they are in a situation of “alegalidad” in all the territory of paraguay. What, if opens the doors to the citizens of Paraguay to invest and trade with Bitcoin. Because there is no law against these activities. It also means that the paraguayan state is not responsible for anything that may occur to individuals during these activities. There is therefore a situation of helplessness, which without doubt has affected the expansion of the BTC in the country. And that we must take into account before buying Bitcoin in Paraguay. 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.