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Centralized Exchange

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Buenbit

VASP
Argentina

Description

Buenbit is an Argentina-based cryptocurrency exchange that also operates in Mexico and Peru. It offers a range of services, including buying, selling, and investing in cryptocurrencies, as well as providing a cross-border payment platform. Buenbit has recently launched a local currency loan product that uses crypto as collateral, allowing users to borrow using MakerDAO's stablecoin, DAI, as collateral and withdraw up to one million nuARS, a stablecoin tied to the Argentine peso. The exchange currently supports 12 assets and offers a low-cost, cross-border payment solution. Buenbit's app has attracted close to one million users and supports various cryptocurrencies, including DAI, BTC, ETH, USDT, BNB, MATIC, DOT, and SOL. The company also offers a digital crypto card, a physical card, and an investment product. Buenbit has used cross-channel messaging to drive in-app promotions and transactions, improve security flows, incentivize coin swaps, and drive product adoption. The company has also utilized multichannel messaging to promote its new Crypto Loans product.
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