The Orionx exchange begins its expansion throughout Latin America
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Loading... - David Green
- 26 Aug 2022
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Orionx is one of the most popular cryptocurrency exchanges in Chile, a country that, unlike the rest of the region, does not experience a very high adoption of digital assets.
However, during 2021 , the platform exceeded the line of 100 thousand clients in Chile, which marked a growth of 300% in two years. In addition, more than 300 million dollars were traded during 2021. This means a growth of 13 times, compared to 2020.
“Digital currencies will allow new generations a more open and efficient economy, which implies a more inclusive financial experience. That is why we are happy to open our operations in Peru and soon more places in Latin America, because we want to be an engine for the use of blockchain technology in the region”.
In this line, in the coming months the startup will finalize the arrival in Mexico , to turn it into a base of operations and establish its presence throughout the region.
Orionx growth and new products
As detailed by Orionx, the crypto market in Peru is highly relevant, since it is estimated that at least 1.2 million Peruvians own cryptocurrencies (approximately four times the amount in Chile).
In proportion, at least 3.74% of the population has crypto assets in their possession. “As an immediate goal, we expect to trade USD 100 million in Peru by the end of the year ,” says Vainstein. Read More…
