In previous days, Cointelepraph en Español reviewed the increase in p2p transactions in Argentina, therefore, in view of this, we spoke with Axl Vazquez, Head of P2P Operations at Defiant Wallet, who confirmed the increase in the volume of this type of transactions in the South American nation.
According to Vazquez, this increase has been occurring year after year and for him there are four reasons that have been generating it: “There are several causes, the entry of new users who want to maintain their anonymity, there are users who leave local exchanges to buy via P2P, every day more caves and exchange houses offer cryptocurrencies to their clients. In addition, people who work abroad and in order not to pay excessive government taxes, bring money into the country through cryptocurrencies”said.
- P2P operations in Argentina: Transactions in expansion
He also referred to anonymity and flexibility as the advantages that P2P operations have in terms of buying and selling assets, compared to other types of options: “It has an advantage in anonymity because this type of operation does not require a strong KYC, like that of exchanges”Vazquez commented.
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