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Crypto exchange OSL expands to Argentina, Brazil, Colombia, and Mexico

To attract more Latin American clients into its platform, OSL is sweetening the deal by offering zero trading fees until the end of 2021.

Buenos Aires, Argentina / Image by: Wikimedia Commons

Fri, 22 Oct 2021, 06:32 am UTC

Hong Kong-based crypto exchange OSL is making its way into the Latin American market. In a statement on Tuesday, the company said that it is offering its services to professional and institutional investors in Mexico, Brazil, Argentina, and Colombia.

The crypto platform said that it decided to expand its services due to the “exponential growth in OSL Americas' prime brokerage and SaaS activities in the region.” Aside from being one of the top crypto platforms in the world, the company is also a leader in the software-as-a-service (SaaS) niche.

“OSL Exchange provides clients with access to a global liquidity pool that is powered by a best-in-class matching engine,” the company said in a press release. “The exchange also offers connectivity via a rich API suite and professional user interface, allowing clients to tap into deep pools of liquidity.”

To attract more Latin American clients into its platform, OSL is sweetening the deal by offering zero trading fees until the end of 2021. “Until the end of the year, we have removed fees for professional investors and institutions that want to start interacting with our exchange,” OSL Head of Americas Fernando Martinez told Coindesk. The crypto platform does not support local currencies but directly in U.S. dollars.

“We're thrilled to officially offer the highly compliant OSL Exchange to our customers across Latin America, complimenting our deep understanding of local markets in the region, including Mexico, Argentina, Colombia, and Brazil,” Martinez said in a statement. “Designed for institutional and professional investors, the OSL Exchange offers a complete market solution with performance, security, and liquidity all delivered against the highest compliance standards.”

OSL is the first and only digital asset company licensed by the Securities and Futures Commission of Hong Kong. The company offers exchange and brokerage services as well as custodial services to a lesser extent.

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