Business

WiBX is the first Brazilian cryptocurrency to enter the Bitcoin Market

The Bitcoin Market has a 1.9 million customer basis and more than BRL 12 billion in transactions since 2013

Photo: Screenshot/WibX website
  • The Bitcoin Market is the largest cryptocurrency and alternative asset trading exchange in Latin America;
  • WiBX acts as a business network that ranges from trading in the cryptocurrency market to a loyalty program with major brands.

A pioneer in Brazil cryptocurrency, WiBX is now debuting on the Bitcoin Market, as reported by Istoé Dinheiro. Deposits for the asset will take place next Monday and transactions will start on Tuesday, 14.

The Bitcoin Market is the largest cryptocurrency and alternative asset trading exchange in Latin America, with a 1.9 million customer basis and more than BRL 12 billion in transactions since 2013, as Istoé pointed out. WiBX acts as a business network that ranges from trading in the cryptocurrency market to a loyalty program with major partner brands. It is a utility token that can be exchanged for products and services through the Wiboo platform, in addition to money in the crypto market.

According to Istoé, these utility tokens can be purchased through the company’s platform and users who download the app can share, like or recommend brand campaigns and receive these bonuses that can be refunded for products, services or cash on the Bitcoin Market.