Venezuela, South America See Record Bitcoin Trading Volume…Again

Trading volume on peer-to-peer exchanges broke another all-time high in most of South America, Russia, and even in the U.S.


According to recent stats, Bitcoin continues to gain popularity presenting itself as a way out from accentuated inflation, demonetization policies and general economic and political uncertainty in troubled countries. Besides Russia (as usual), LocalBitcoins has registered another record week across South America. Countries including Chile, Venezuela, Colombia, and Brazil are all seeing record high trading volumes in their respective currencies as Argentina is also catching up.

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