Decrypto reported that five million Argentine pesos were sold in token assets in one week

Decrypto introduced the ability to buy and sell tokens of American companies on the Bitcoin network just over a week ago, and more than five million pesos have already been bought on the platform. This was reported to Cointelegraph in Spanish from Argentina through a statement.

In the first week, a total of 309 tokens were required for five million pesos.

They also remembered it Users can trade stocks from the US market thanks to the collaboration with RSK.

Decrypto reported that five million Argentine pesos were sold in token assets in one week
Decrypto reported that five million Argentine pesos were sold in token assets in one week

From this launch onwards, users will be able to trade asset tokens the same way they would buy and sell any other cryptocurrency. This alternative allows small and large investors to buy tokenized assets that can be shared without having to purchase a whole.

“Anyone can buy tokens from the largest companies in a simple, easy, accessible and secure way,” said Iván Tello, COO of Decrypto

Tokenized assets can be bought or sold for USDT (Dollar Tether). “Unlike brokers, stockbrokers, alycs (settlement and clearing houses), and other third-party owned investment models, the tokens of the financial assets make them their own. That is, they are owned. They can become withdraw one. ” Personal care wallet who can choose what to do with it, ”Tello noted.

The tokens are executed on the RSK blockchain, the second layer of Bitcoin (or Bitcoin layer 2). on which the log for smart contracts was created. “Any user can see the history of this safe and traceable asset on the blockchain (accounting book),” Tello said.

In a more technical language, RSK is based on bidirectional communication that acts as a bridge connecting both chains. In this way, the Bitcoin network can assist RSK in its execution. For this reason, the native currency or token of the RSK platform is the RSK Smart Bitcoin (RBTC), which has a 1: 1 relationship with the original currency of the Bitcoin network, Bitcoin (BTC).

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