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Brazilian Paytech PicPay surpasses one million users with cryptocurrency trading

February 6, 2023
Journalist e investor
📷
Business Transformation
Brokerage house also announced a "Price Alert" feature for investors to monitor digital assets

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PicPay has passed the one million user mark transacting cryptocurrencies on its exchange. PicPay's crypto broker offers ten tokens for trading: bitcoin (BTC), ether (ETH), Pax Dollar (USDP), Uniswap (UNI), Chainlink (LINK), Litecoin (LTC), Polygon (MATIC), Bitcoin Cash (BCH), Aave (AAVE), and now Solana (SOL). Trades can be made starting at R$1.

The company announced in a statement that from now on it will also offer a "Price Alert" feature. The feature allows users to choose a range, such as 5% or 10%, and be alerted when the desired digital currency rises or falls at that ratio. To set alerts, it is not necessary to have purchased cryptocurrencies.

The user is the one who chooses which variation they want to follow in each currency, in a range that goes from 3% to 15%, how often they want to receive the notification, and in which way, by app or email.

On Friday (03), at 11:53 am, the main cryptocurrencies in the market, bitcoin and ethereum, operated oscillating, but high. The BTC, which started the morning down with the employment data (payroll) in the United States, now operates at a high of 0.13%, quoted at $ 23,524.20. The ETH, in turn, recorded a rise of 1%, quoted at $ 1,659.72.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y de ellas son responsables sus autores. No reflejan ni comprometen el pensamiento u opinión de Latam Fintech Hub, por lo cual no pueden ser interpretadas como recomendaciones emitidas por la platafomra. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista sobre el ecosistema Fintech.

PicPay has passed the one million user mark transacting cryptocurrencies on its exchange. PicPay's crypto broker offers ten tokens for trading: bitcoin (BTC), ether (ETH), Pax Dollar (USDP), Uniswap (UNI), Chainlink (LINK), Litecoin (LTC), Polygon (MATIC), Bitcoin Cash (BCH), Aave (AAVE), and now Solana (SOL). Trades can be made starting at R$1.

The company announced in a statement that from now on it will also offer a "Price Alert" feature. The feature allows users to choose a range, such as 5% or 10%, and be alerted when the desired digital currency rises or falls at that ratio. To set alerts, it is not necessary to have purchased cryptocurrencies.

The user is the one who chooses which variation they want to follow in each currency, in a range that goes from 3% to 15%, how often they want to receive the notification, and in which way, by app or email.

On Friday (03), at 11:53 am, the main cryptocurrencies in the market, bitcoin and ethereum, operated oscillating, but high. The BTC, which started the morning down with the employment data (payroll) in the United States, now operates at a high of 0.13%, quoted at $ 23,524.20. The ETH, in turn, recorded a rise of 1%, quoted at $ 1,659.72.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y solamente sus autores son responsables de ellas. No reflejan ni comprometen el pensamiento o la opinión del equipo de Latam Fintech Hub y, por lo tanto, no pueden interpretarse como recomendaciones emitidas por la plataforma. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista en el ecosistema Fintech.
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País de origen:
Headquarters:
São Paulo
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