How is the crypto market changing and the digitalization of the economy

The team of the cryptocurrency platform, Ripio, spoke to Infobae about some exclusive details about his arrival in Colombia. As they said, this is an initiative that not only allows Colombians to have another option to exchange digital currencies but will also offer education.

Ripio's RPC token is available on one of the world's leading cryptocurrency exchanges, KuCoin. Over the next few months it will be announced that RPC will also be available on other global platforms.

The company revealed that in less than two months they will open Ripio offices in the Colombian capital along with a proposal linked to financial education.

“Latin America is the sixth economy in the world cryptocurrency market, according to the global cryptocurrency adoption index of the firm Chainalysis, and in Ripio we want to continue to deepen this market in the region, which is why we are betting on supporting the economic reactivation, captivating one million Colombians to join Ripio and learn more about this interesting and growing world,” said Luc Jean Jacques Zuelgaray, Country Manager of Ripio Colombia.

A cryptocurrency exchange is the meeting point where cryptocurrency exchanges take place in exchange for fiat money or other cryptocurrencies. In these online exchange houses where the market price that marks the value of cryptocurrencies is generated based on supply and demand.

The name of cryptocurrency exchange or cryptocurrency exchange, refers to a generally virtual space, in which cryptocurrency buying and selling actions are carried out. Many exchanges also allow you to trade stocks or any other type of financial security accepted by the community that makes it up.

The purpose or objective of these is simple: to allow the user or 'trader' to participate in a market in which he can make a profit thanks to the price variations that occur in it. All this is due to the fact that these assets are traded using the free market value associated with each of them.

Thanks to the existence of the Exchange, it has been possible to streamline the economic and financial life of cryptocurrencies. It is now possible to easily exchange fiat money for cryptos or vice versa, from anywhere in the world. All this with relatively low commissions compared to other traditional exchange methods.

Every year the number of daily phishing attacks multiplies, making it one of the most common scams on the internet. Those who carry out this scam obtain sensitive information such as bank passwords or credit card information.

In this regard, Luc Jean Jacques Zuelgaray told Infobae that “no one can hide or be totally free from fraud”. To this end, he indicated that Ripio provides security to its users in two ways.

The first one is just like the websites of banks, which make people aware of this type of fraud, what Zuelgaray calls “pedagogical security”. The other important factor according to the Country Manager of Ripio Colombia for the safety of users is that “Ripio has been in the market for 9 years, so it has allowed us to understand the ecosystem perfectly. All the knowledge we have received over the years with various numbers in cryptocurrencies and even interactions, helps us to be able to teach our users about digitization.

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