SurBTC, Chile’s largest Bitcoin exchange, has announced the availability of trading services in cryptocurrencies for customers in Peru. Trading will be available only in Bitcoin (BTC) and Ethereum (ETH) and will be offered without fees until September 30, in an effort to attract traders from the country.
SurBTC is also one of the biggest Bitcoin exchanges in Colombia and has over 20,000 active users. With the launch of services in Peru, SurBTC expects to add over 10000 Peruvian clients during the first year. SurBTC CEO Guillermo Torrealba is very positive on the launch of services in Peru. He states that the new market is extremely favourable because of the participation of several stakeholders from the government and financial industry. Similar regulations across Peru, Colombia, and Chile will help to establish the exchange successfully.
SurBTC was founded back in 2015, with the support of Corfo, a Chilean government fund and Currency Group (DCG) with the aim of improving the country’s competitiveness in fintech. Last year the exchange secured an investment of $30,000 to improve its customer experience and other systems.
Digital currencies have attracted much interest in the global financial market. The launch of dedicated Bitcoin trading exchanges and trading of Bitcoin against major currencies have helped to increase its trading volume and value.