The largest broker of Brazil will begin trading with cryptocurrencies
The largest independent brokerage company in Brazil, Grupo XP, owner of XP Investimentos SA, will begin trades supporting bitcoin and ethereum in the coming months.
As Chief Executive Officer Guilherme Benchimol said at the event in Sao Paulo, about 3 million Brazilians are ready to invest in bitcoin, while only 600,000 are investing in stocks. He told reporters: "We felt obliged to start moving forward in this market."
Trade will be carried out separately from other brokerage companies XP and will be called XDEX and have about 40 ...
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