The cryptocurrency startup Ripio launches new crypto exchange for Latin American regions. It will operate in Argentina, Brazil, and Mexico. Mexican users can make fixed price purchase due to regulations. This exchange may publicly launch in the mid-June 2019. As of now, the exchange is in its beta avatar. Currently, the platform has 1000 users including staff members of Ripio. It will also launch an over-the-counter (OTC) trading platform for institutional investors.

Ripio’s CEO Sebastian Serrano wants to launch the exchange and also make the people aware of crypto trading. This means the first time traders will get help in the form of video tutorials, podcasts, blog posts. It will provide necessary info on the concept of crypto. This is indeed a great initiative from the firm.

Often it happens that people with half knowledge get into trading and suffer massive losses. Then they quit trading altogether. So, when a firm like Ripio educates potential traders, it will be helpful to them. The users will gradually get stronger in their trading game. Ripio may also launch its native security token in the future teaming up with Argentinian regulatory bodies.