One of the worlds largest cryptocurrency exchanges, Bittrex, has teamed up with South American trading platform Cryptofacil to create a collaborative effort that will see over 200 assets and 270 trading pairs made available.
The team at Bittrex hope to leverage Crytofacil’s unique knowledge of the South American market to break into the emerging sector and provide a beneficial partnership for both firms.
Co-founder of Uruguayan-based Cryptofacil, Andres Szafran, hopes the newfound friendship will expand the reach of cryptocurrency on the continent a provide a broad selection of assets to its customers.
“Our goal is to become the crypto exchange of record and the most reputable platform in Latin America and the Caribbean,” he said.
Cryptofacil will initially focus on the Latin American and Carribean markets with an outlook to possibly expand onto further shores in future.
Bittrex has long been providing the cryptocurrency community with one of the most advanced trading platforms available and an exchange with a vast range of assets and trading pairs. Cryptofacil brings to this offering an in-depth knowledge of the various social, legal and political nuances of the South American market.
Bittrex was in the news recently for delisting the Bitcoin hard fork Bitcoin Gold (BTG) from its platform following a theft that saw the exchange lose $18 million in assets.