Ethereum’s growth in past couple of months has been unprecedented. Its market cap currently stands at around $856 million (at the time of writing), second only to bitcoin. The growing popularity has caused several cryptocurrency exchanges to open their doors to Ether, Ethereum’s unit of account, which includes Japanese bitcoin exchange Coincheck and Hong Kong-based bitcoin exchange Bitfinex. Cloud based financial services platform Uphold has also said that it is on track to launch Ethereum and Litecoin. In addition, BTCS Inc., a U.S. public company focused on blockchain technology, has announced the launch of a pilot program to begin securing Ethereum’s blockchain.



Last week, Mexican Bitcoin exchange Bitso announced that it has incorporated Ether trading into its platform, marking the first time that an additional pair has been included that is not MXN/BTC.



“We are proud to announce that Mexico gets its own market to trade Ether with Mexican Pesos: MXN/ETH in Bitso”, the company said. “Ether is also the first digital asset that we integrate to the platform besides bitcoin”.



Explaining its reasons behind the move, Bitso said that it was impossible for it to ignore the amount of traction that Ethereum got in the past couple of months. In addition, numerous requests from its customers wanting to buy and sell Ether in Bitso, also led the company to add Ether trading.



“We believe in a future where Bitcoin and Ethereum are deeply compatible – Bitcoin being used as the means to store and transfer value, and Ethereum as the engine for the creation of next gen financial applications. It was only natural for us to incorporate Ether trading to Bitso, and thus open access to this exciting innovation to all Mexicans. We can’t wait to see the things that the brilliant minds in this country create using this technology”, Bitso added.



However, Bitso warned that Ethereum is a relatively new technology that should be considered “experimental and highly volatile”. Bitso facilitates the trading of Ether to Mexican Peso, but makes no guarantees with regards to its future price or stability.



“We recommend that you learn more about Ethereum and exercise caution when buying, selling and trading Ether”, it added.