Banco Galicia, Argentina’s largest private bank by market value, is on its platform, according to the company’s statement today. bitcoin and cryptocurrency started offering trading services.
Users Can Now Buy and Sell Bitcoin and Altcoins on the Banco Galicia App
In the mobile application of the bank, users Bitcoin (BTC), Ethereum (ETH), USDC and Ripple (XRP) added a feature that states that it can be purchased and that it is a new service.
With this, a new one has been added to the steps that have become widespread with the partnership of PayPal and Paxos and NYDIG working with US credit unions, and which aim to spread crypto money to wider masses of financial service providers.
Hola @pricatti. Si! Estamos sumando nuevas opciones de inversion. Si tenés alguna duda te invitamos a que nos escribas por privado. saludos. Eugenia
— Banco Galicia (@BancoGalicia) May 2, 2022
Banco Galicia has teamed up with Lirium, a Liechtenstein-based digital wallet and mobile banking crypto product, for this new venture.
When a user on Twitter asked if the cryptocurrency trading service is currently active, Banco Galicia replied ‘yes’ and reported that new investment options were also added.
Banco Galicia is recognized as a subsidiary of Grupo Financiero Galicia, traded on the Buenos Aires stock exchange and on the Nasdaq under the code GGAL.
The use of cryptocurrencies is increasing day by day in Argentina, which is facing the threat of high inflation and economic crisis. With the increase in the use of cryptocurrencies by the public, there have been many initiatives in the crypto sector in the country recently.
*Not investment advice.