Latin American giant investment bank BTG Pactual, cryptocurrency confirmed the official launch of trading platform Mynt.
However, the company has become a new competitor to Fintech companies and banks that offer cryptocurrency trading services across Brazil. The company currently manages approximately $72 billion in assets.
The Bank’s Cryptocurrency Initiative Currently Transactions With 5 Coins
Mynt is currently Bitcoin, Ethereum, Solana, Polkadot and Cardano It supports the trading of five digital assets. Users of the platform can invest in cryptocurrencies for as little as 100 Brazilian reals ($19.49).
André Portilho, Head of Digital Assets at BTG Pactual, said in a press release dated August 16:
“Crypto is a new technology with great transformational potential that brings risks and opportunities. We promote direct access to the main cryptocurrencies in the market, in a simple and secure way, on a very convenient and complete platform with content and financial education.”
The crypto-savvy executive added that one advantage of Mynt is that it offers 24/7 support from a team ready to answer any questions.
Media outlets had previously reported that Mynt was operational in late July. Portilho said Mynt was made available to a wider market in a LinkedIn post on August 15, noting that it has been available to a restricted group since May.
BTG Pactual first came up with the idea for Mynt in September 2021 and originally planned to offer Bitcoin and Ethereum trading by the end of that year.
*Not investment advice.
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