P2P trading in Venezuela through bitfinex

In Venezuela, people who are immersed in the crypto market usually exchange fiat currency for crypto or vice versa through P2P trading and the leading platform in our country for this type of transactions is binance, a well-known Exchange that has gained the trust of Venezuelans for the ease of trading on pías where buying cryptos through other methods becomes a little complicated. A few months ago bitifinex another digital asset trading platform announced the inclusion of this P2P marketplace in Venezuela and other Latin American countries.

In that sense, Venezuelan users have another alternative for P2P commerce that has become very popular in recent years, now it would be interesting to determine if the use of this commerce will be so profitable on this platform that many do not know. That's why it is important to mention that bitfinex was founded in 2012 and in the beginning it was used only for the bitcoin exchange and later began to support other cryptos, according to certain reports it was one of the first platforms that started with the crypto trading offering different trading alternatives.

The description of the bitfinex platform is not made with the intention of promoting it, but to inform any Venezuelan user who does not know its origin that it can be an alternative for the P2P market. The procedure is similar to that carried out with binance, that because it is a peer-to-peer platform the disbursement to complete a purchase or sale of cryptos must be made in bolivars outside the Exchange, through other means of payments such as banks. For example, if you want to buy usdt, to complete the purchase you must transfer the bolivars to the other person's registered bank account, and when confirming the transfer the digital asset is released.

Similarly, this trade was also opened by Bitfinex for other Latin American countries such as Colombia and Argentina, where any registered user from these three countries can buy and sell the following digital assets: bitcoin, tether, eth, which they will be able to exchange with each other within the exchange itself. For a country like Venezuela, this is great news, since, due to the great economic problems and commercial blockades, this type of alternatives open a window for the commercialization of different digital assets.

Dear readers, we Venezuelans observe the crypto market, as an alternative to invest and generate income from different ways, having spaces where you can exchange and buy cryptos are fundamental for this digital market to continue gaining strength in a country where inflation is aggressive and having bolivars in bank accounts is often not the best option. On the other hand, the digital asset created by the Venezuelan government, the PETRO, has not earned the trust of the population, therefore, for many it is not a safe currency to invest in the short and long term.