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Brazilian bank now to offer crypto trading

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BTG Pactual, Latin America’s largest investment bank, is launching a crypto trading platform that will simplify operations for its customers.

The bank will be the first major financial institution in Brazil to get involved in crypto markets. The platform is called Mynt and allows users to now make immediate investments in virtual currencies.

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Only bitcoin (BTC) and ether (ETH) are available for trading at the moment. But BTG Pactual intends to support other tokens in the future. The new feature was created in response to a growing demand for these types of assets by customers.

“At this first moment, we will have the two main assets of the market, but we will include other cryptos for trading over time. We will have a complete platform with blockchain-based assets.”

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Roberto Sallouti, CEO of BTG Pactual, said that the platform will also offer educational content. This information will help users understand digital currencies and the blockchain technology they are created on. “As a new asset class, we will also have content to educate and inform our customers about these assets and the technology.”

“With the support of BTG Pactual, Mynt has fundamental differentials in security and credibility [—] characteristics that are fundamental in a new category of investments with which most people [are] not yet used to.”


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