What are the most used cryptocurrencies in Peru? - Authorized Movers

What are the most used cryptocurrencies in Peru?

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By: Diego Padilla

Sep 30, 2021

Cryptocurrencies in the country have had greater participation in recent years, and even more so with the health crisis that has forced the economies of many people to migrate to digital platforms.

What are cryptocurrencies? The crypto-currencies They are a digital way to exchange money, to be more precise, they are just virtual platform currencies. In this sense, in the country this digital currency has already been marketed for different operations and in the following note we will mention those that are most used by Peruvians.

Cardano

It started in 2015 with the goal of promoting the sale of Blockchain technology and replacing cryptocurrency. Ethereum. Cardano’s current price is $ 2.09.

Stellar lumens

It is the currency of the unbanked in the global economy. Also, Lumens belong to the Stellar network, based on Blockchain technology. The current price of Stellar lumens it is 0.27 centime.

Litecoin

This cryptocurrency is used for low cost and agile transactions. Moreover, it has the function of global and open source payment network. The current price of Litecoin is S/. 633. 31.

Ripple

It is one of the lowest cost cryptocurrencies as it is equivalent to 0.949 cents per dollar. This digital currency is monitored by the major banks of the world, such as: Santander Río, American Express, among others.

EOS

From the EOS.IO project (Blockchain protocol) it has a value of 3.86 dollars and has integrated the Bitcoin and Ethereum networks in its working group.



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