bitINKA calls itself “the first Latin American cryptocurrency exchange”. It is based in Peru. The company was founded by Roger Benites – an IT professional who previously worked at IBM Argentina. When founding bitINKA, his main idea was to provide Latin American cryptocurrency enthusiasts with a platform where they could trade with their tokens and exchange them to local fiat currencies.
Now this dream came true. bitINKA offers its users a list of 5 popular tokens and allows to exchange them to all fiat currencies of the region. In addition, it has its own payment system called Inka Pay. This service was created to enable the use of cryptocurrencies during shopping or restaurant visits.
bitINKA deposit and withdrawal fees for fiat currencies vary from 0.5% to 2.5% depending on the particular currency. The exchange supports bank transfers as a means of deposit and withdrawal.
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