[Translation] Bitlem opens Mexico's first brick-and-mortar Bitcoin exchange

What kind of brick-and-mortar exchange is this? Let’s read the Japanese translation right away.

Bitlem Opens Mexico’s First Brick-and-Mortar Bitcoin Exchange

A Mexican company,Bitlemannounced through a recent press release that it will open Mexico’s first brick-and-mortar Bitcoin exchange just across the street from the Mexican Stock Exchange. At that exchange, customers will be able to buy and sell Bitcoin and ten other cryptocurrencies using cash or bank transfers.

It will become Mexico’s first publicly accessible physical exchange, a historically significant milestone, and its birth will allow Bitcoin, cryptocurrencies, and blockchain technology to spread more widely in the Mexican market.

Bitlem is currently preparing to launch its online trading platform, Bitlem.com, and within a few weeks users will also be able to buy and sell cryptocurrencies online. After the launch, users will be able to make deposits from over 20,000 stores across Mexico, accelerating the general adoption of Bitcoin by the public.

Bitlem’s exchange will open at Copenhague 6. Col. Juarez. Delegacion Cuauhtemoc. Ciudad de Mexico, where it will be possible to purchase cryptocurrencies for as little as 100 Mexican pesos (about 5.5 dollars) in fees.

Bitlem stated that it would expand across Mexico by increasing its number of branches and that the operation and trading procedures would be conducted in accordance with future regulatory frameworks.


Considering the importance of Bitlem’s brick-and-mortar exchange in Mexico, CCN interviewed the company’s Chief Executive Jorge Chavez Martinez.