Residents of Argentina turn towards Crypto as a hedge against inflation. In the words of Maximiliano Hinz, Latin American director of Binance: “The number of user accounts for investing in cryptocurrencies has multiplied by ten in Argentina since 2020.”

In the past, Argentinians invested in fiat, that is the U.S. dollars in order to combat inflation, but that option is no longer Preferred as Cryptocurrencies have become an obvious solution.

Author: CryptoBoss

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