RATE Group | Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records
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Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records

28 Dec Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records

Posted at 12:47h in Bitcoin News by

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Bitcoin (BTC) weekly trading volumes on peer-to-peer (P2P) trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs in their respective national currencies.

Cryptocurrency data website CoinDance shows that LocalBitcoins trading volume in local fiat currency in Argentina and Venezuela have hit new record highs.

According to the website’s data, the week ending on Dec. 21 saw over 32.6 million Argentine pesos (equivalent to about $544,905) traded on the platform, or 34% more than the record registered two weeks before.

LocalBitcoins weekly trading volume in Argentina in Argentine pesos

LocalBitcoins weekly trading volume in Argentina in Argentine pesos | Coindance

In Venezuela, on the other hand, over 248 billion bolivars (about $24.8 million) were traded on LocalBitcoins during the same week, nearly 15.6% more than the record volume registered during the previous week.

LocalBitcoins weekly trading volume in Venezuela in bolivars

LocalBitcoins weekly trading volume in Venezuela in bolivars | Coindance

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