Latin American Crypto Exchange Bitso Says it Has 1M Active Users

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Mexico’s crypto scene is booming again, with one of the nation’s largest crypto exchanges, Bitso, claiming it has reached the 1 million active user mark.

In an interview with El Economista, Daniel Vogel, Bitso’s CEO stated that crypto was continuing to gain ground in traditional markets like remittances, where it helps users reduce costs.

Early last month, the exchange claimed that even the coronavirus pandemic had failed to slow down crypto remittances between Mexico and the United States.

Now Bitso claims that crypto remittances between Mexico and Argentina are starting to gather pace.

Vogel claimed,

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