Onur Altan Tan, CEO of Turkish blockchain technology company Bitci, said in an interview that they aim to open a cryptocurrency trading platform in Brazil in February. He also informed that Spain is next in this international expansion process. cryptocoin.com We are giving the details as…
Bitci opens to Brazil
Founded in 2018 in the resort town of Bodrum in southwest Turkey, Bitci; It operates a Blockchain network connected to the cryptocurrency exchange, mining facility, exchange and payment platform. It also offers fan tokens, created for the purpose of supporting football clubs whose revenues have been reduced by the coronavirus. Tan said in a statement that he hopes the opening of a stock market in Brazil will develop ties with football clubs there. Onur Altan Tan used the following statements:
We are opening a crypto exchange in Brazil because we have valuable assets there. We published the Brazilian national team’s fan tokens and signed with six other clubs.
Bitci’s growth does not stop: it will double the number of fan tokens
Bitci; The Spanish national team has launched 25 fan tokens for clubs, including English Premier League club Wolves and Scottish Premier League’s Rangers, as well as some motorsports. It aims to create more than 50 tokens by the end of the year. Football clubs see such crypto assets as ways to generate new income and keep fans connected. Token holders can vote on minor club decisions, such as the songs played after a goal is scored. Tokens can be traded on exchanges like other cryptocurrencies. It can also be prone to wild price swings.
Tan added that Bitci’s exclusive rights on tokens should be an opportunity to grow in Brazil, adding that “With the help of the tokens, we aim to catch the local market leader in a very short time… We launch the Brazilian platform in February, then the Spanish platform in March,” used the phrases. Brazil’s Mercado Bitcoin is one of the largest cryptocurrency exchanges in Latin America, with over 3 million users.
The company aims to open a cryptocurrency platform in other countries
Interest in cryptocurrencies has grown rapidly in Brazil over the past year as people try to store their savings during the economic downturn from the pandemic. In January, the exchange platform said it aims to expand its products and services for cryptocurrencies. Last year, Turkey banned the use of crypto assets for payments; some local exchanges were investigated for fraud. There has been an explosion in the use of cryptocurrencies in Turkey, with increasing inflation and the fall in the lira. Tan said that after Brazil and Spain, Bitci plans to open crypto exchanges in some countries in Central Asia, India and Russia this year.
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