Huobi Global, the world’s biggest digital asset exchange, has added the Mexican Peso (MXN) to its list of tradable fiat currencies on its Huobi P2P platform. Users may now purchase and sell BTC, USDT, ETH, EOS, XRP, HUSD, and other digital assets using MXN. They may also use it to place free advertising on the Huobi P2P network.
Unlike Huobi Global’s fiat-to-crypto gateway, which allows users to utilize their Huobi Global account fiat balances to acquire crypto, Huobi P2P trading allows users to buy and trade digital assets directly with one another. Users have more freedom when it comes to trading times and pricing when there is no third party involved. However, as P2P trading grows more widespread, there are rising safety concerns.
Du Jun, Huobi Group’s Co-Founder stated:
We’ve developed an advanced P2P risk control system that keeps users’ data safe and reduces friction by speeding up payments and transactions. P2P trading offers a bevy of benefits for users in regions around the world, so we’re excited that many of our community members are taking advantage of it,
Huobi’s emphasis on user and asset safety has attracted a large number of investors from all over the world. To protect customers’ interests, the exchange also offers 24-hour customer assistance and a real-time monitoring system. Huobi is providing access to cryptocurrency to a community of over 120 million people by accepting Mexican pesos.
Mr. Du added to his speech:
We’re increasing the number of fiat currencies on our list of tradable fiat currencies, in order to enable more users to access crypto investment opportunities. The addition of the Mexican peso reflects a significant step towards our expansion in the Latin American and Mexican markets. In addition to P2P services, we’ll continue to add more payment options on our platform.
About The Huobi Group
Huobi Group, a world-leading blockchain business, was formed in 2013 with the goal of making breakthroughs in core blockchain technology and integrating blockchain technology into other sectors. Huobi Group has grown to include public blockchains, digital asset trading, wallets, mining pools, proprietary investments, incubation, digital asset research, and other services. Huobi Group has built a worldwide digital economy industry ecosystem by investing in over 60 upstream and downstream blockchain firms, resulting in a comprehensive global digital economy ecology.