Bitex Argentina stops accepting dollar balance fees

The economic crisis in Argentina is now affecting the country’s cryptocurrency operations. On September 12, Bitel, a blockchain financial services provider, notified customers that Bitex Argentina would stop accepting the balance of the US dollar. After the announcement, all USD transfers received in Argentina will be refunded along with the corresponding fees and taxes. Users who currently hold US dollars on the platform can click on “offload USD” and transfer funds to their ownership account via bank. This change does not affect the operation of the Bitex dollar market. Odaily Planet Daily Note: Previously, Bitex Argentina users had to deposit their balances into the exchange via local banks in Argentine pesos or US dollars before purchasing Bitcoin. Bitex credits the balance to the user's account and charges a commission of 0.5% (including VAT).