Uala, a neobank in Buenos Aires, has begun <a href="https://www.uala.com.ar/cripto" target="_blank" rel="nofollow noopener">introducing</a> trading for Bitcoin and Ether in Argentina. Some consumers have already been given access to the service.

The Uala app allows users to purchase and trade <a href="https://www.cryptoknowmics.com/news/microstrategy-ceo-restated-long-term-bitcoin-position-in-q3-results">bitcoin</a> and <a href="https://www.cryptoknowmics.com/news/zksync-to-develop-layer-3-blockchain-for-ethereum">ether</a>, and it will gradually carry out the capability to individuals who register for a waitlist. In addition to Argentina, Uala also makes its application available in Colombia and Mexico, with over 4.5 million users.
<h2>Consumers Requested Uala to Invest in Crypto</h2>
In a statement, Uala VP of Wealth Management Andres Rodriguez Ledermann stated that for a long time, consumers requested the neobank for the opportunity to invest in <a href="https://www.cryptoknowmics.com/news/cftc-strikes-order-against-fraudulent-cryptocurrency-arbitrage-company">cryptocurrency</a> in addition to pesos through the Uala application. The bank will keep striving for financial knowledge and simple, digital access to a diverse range of investment options.

Argentina's yearly inflation rate is nearing close to 100%. Therefore, locals are employing alternative currencies like stablecoins and cryptocurrency-based credit cards to make purchases and save money more effectively. Uala's move is notable in part since banks in Argentina have had difficulty allowing customers to trade cryptocurrencies.

Argentine Fintech Uala Introduces Trading for Bitcoin and Ether

Uala has begun introducing trading for Bitcoin and Ether in Argentina. Some consumers have already been given access to the service.

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Argentine Fintech Uala Introduces Trading for Bitcoin and Ether

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