On February 21, 2019, peer-to-peer bitcoin marketplace Paxful announced a partnership with trading platform BitMart for the purpose of vastly increasing the latter’s liquidity and scalability.
In a company statement, Paxful claimed that this project was initiated “in the hopes of increasing liquidity and scalability” across the entire crypto asset industry.
Paxful’s model for peer-to-peer transaction has made waves in the crypto space all around the world, with its CEO expressly claiming that a company goal is to use bitcoin for the world’s general welfare, and the company building schools in Africa in late 2018.
In a separate statement, Paxful claimed that it has recently seen trades in Latin America increase by 188 percent in Latin America, highlighting the potential for expansion in growing markets worldwide. A large…