A new program, called Bitso+, will offer users different yield plans according to the cryptocurrency held and the quantities present in the wallet of the exchange.
Users and holders of crypto are now seeking more and more options to put their funds to work by earning yield while still having these funds available for withdrawals. This is especially more interesting for countries that have faced high levels of inflation in Latam, such as Argentina and Venezuela.
This is the target audience Bitso is aiming for with this new feature. On this, Bitso CEO and co-founder Daniel Voguel stated:Inflation continues to rise worldwide and especially in Latam, with this new feature we are providing a new way to increase your wealth just by having your assets in your Bitso wallet.The exchange informed that other cryptocurrencies might be added to the Bitso+ program in the future.
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