Argentina continues to add restrictions to US dollar purchases. Companies that want to access the foreign currency or citizens who want to save but do not trust the Argentine peso have more and more obstacles. In this scenario, Qubit Borkers is a company dedicated to buying and selling Bitcoin and other cryptocurrencies and highlighting several options. The head office is in the city of Rosario in the Argentine province of Santa Fe. Cointelegraph in Spanish spoke to Santos Barrio, the company’s operations manager, for more details.
“”Given the new government restrictions on operations in US dollars, we at qubit.com.ar have decided to start operations in USD so that our users can buy dollars through operations in cryptocurrencies“, Highlighted.
“”Since Monday of last week you can buy dollars with pesos, sell dollars for pesos and buy DAI with dollars in Qubit. All dollar operations after pesos are operations with cryptocurrencies. In other words, to buy dollars with pesos, a user actually buys a bitcoin with pesos and then sells those bitcoins for dollars, ”he added later.
With that in mind, he said, “In our USD Operations menu, users can instantly perform these two transactions with crypto without having to know or understand much about Bitcoin.”
It should also be noted that Users can also buy DAI, a decentralized stable coin that is worth about a dollar. “In this way, users can protect their US dollar savings by buying DAI. Because it is a cryptocurrency that is not available in banks, no one can take it away or freeze it.” DAI is a very interesting currency for Argentina because it is anti-inflationary, worth a dollar on the one hand, and anti-corralitos and anti-expropriations on the other, “he concluded.
You may be interested in: