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Brazil's Largest Increases Bitcoin, Adds Ethereum and Solana! - Coin Bulletin
Brazil's largest cryptocurrency exchange B3 is expanding its Bitcoin products and adding Ethereum (ETH) and Solana (SOL) as new options
Brazilian crypto exchange B3, is preparing to list futures contracts for Ethereum and Solana, in addition to expanding its offerings for Bitcoin investors with options.
According to B3's CEO Gilson Finkelsztain's statement to local media, these new financial instruments are planned to be launched throughout the year. The exchange, which launched Bitcoin futures trading in April of last year, has a monthly trading volume of approximately 5 billion Brazilian reais (around 860 million dollars). The decision to introduce new products related to cryptocurrencies by the exchange demonstrates the increasing investor interest and the growing integration of the market with the traditional financial system.
(# The crypto market is growing in Brazil
According to Biscoint, a local crypto market analysis platform, the trading volume of traditional crypto exchanges in Brazil reached approximately 6.66 billion Brazilian reais (about 1.13 billion dollars) in January ). This indicates a significant interest from investors in both traditional exchange platforms and direct crypto exchanges in the country.