Number of Cryptocurrency Buyers Through Nubank Exceeds 1.8 Million

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The number of users of Brazil’s largest neobank, Nubank, has crossed the 70 million mark. Among them, the number of crypto buyers has reached 1.8 million.

According to the announcement, the second indicator takes into account Brazilian users who have made at least one cryptocurrency purchase on the platform.

At the end of July, the company reported about 1 million customers of the service who prefer digital currencies. The number nearly doubled in two months, indicating significant demand for crypto assets in the region.

Brazil ranks seventh in the Global Cryptocurrency Adoption Index from Chainalysis. Mercado Libre, PicPay, BTG Pactual and XP platforms are popular in the country, Binance, Bitso, Bitcoin Trade and Mercado Bitcoin exchanges operate.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.