Share this article
CEX.io Launches Bitcoin Exchange Service in Latin America
Bitcoin exchange CEX.io has partnered with AstroPay to launch local currency account deposits and withdrawals in Latin America.
Updated Sep 11, 2021, 11:46 a.m. Published Jul 17, 2015, 3:59 p.m.
Bitcoin exchange CEX.io has partnered with payment solution provider AstroPay to launch local currency account deposits and withdrawals in Latin America.
Prior to the partnership, CEX.io users in Latin America were only able to deposit and withdraw funds via bank transfers or cards.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"Such operations were only possible in USD or EUR, which was very expensive for them," said Helga Danova, communications officer.
The new integration, she added, will enable customers in Argentina, Brasil, Chile, Colombia, Peru, Mexico and Uruguay to purchase bitcoin with local currency. Consumers in China and Turkey will also be able to fund their CEX.io accounts with their local currencies using AstroPay.
According to a statement released by CEX.io, AstroPay charges a 2.5% fee for both deposits and withdrawals carried out through online banking. Danova noted users may also be charged an additional fee by their bank.
Having pivoted away from bitcoin mining, CEX.io has a comparably low 24-hour trading volume (approx $102,624 for BTC/USD trades) in comparison to other exchanges such as Bitfinex ($13,587,900 for BTC/USD trades).
CEX.io launched account withdrawals and deposits in 23 US States in April in an attempt to advance in the market.
"We are working on providing the best solutions for users from different parts of the world, aiming to become a global exchange with a local approach,"concluded Danova.
Map image via Shutterstock.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Federal Reserve Cuts Rates 25 Basis Points, With Two Members Voting for Steady Policy
The anticipated move comes as policymakers are still operating without several key economic data releases that remain delayed or suspended due to the U.S. government shutdown.
What to know:
- As expected, the Federal Reserve trimmed its benchmark fed funds rate range by 25 basis points on Wednesday afternoon.
- Today's cut is notable given the unusually large amount of public dissension among Fed members for further monetary ease.
- Two Fed members dissented from the rate cut, preferring instead to hold rates steady, while one member voted for a 50 basis point rate cut.
Top Stories
