The El Dorado cryptocurrency exchange now allows users from Argentina, Bolivia, Brazil, Colombia, Panama, Paraguay and Peru to open dollar accounts in the United States digitally, without the need to reside or travel to the country.
This service, available to residents of these six Latin American countries, seeks to facilitate the management of income in dollars and access to international markets.
“This launch is designed for different user profiles in the region. On the one hand, freelancers and remote workers who need to collect salaries and fees in dollars from global platforms,” the company explains in a statement sent to CriptoNoticias.
The users They can withdraw funds directly from services such as PayPal, Wise, Deel, Upwork or Payoneer and convert them to your local currency through the platform. In addition, the account allows you to make deposits through ACH (Automated Clearing House) in brokers such as Interactive Brokers or eToro, enabling investment in stocks, bonds and other international financial instruments.
The company reports that the funds received are automatically converted to the USDT stablecoin upon reaching the user’s wallet.
It also points out that the opening of accounts It is free for a limited time, although it normally has a one-time cost of 2.99 USDT. ACH transfers have a fee of $1.99 plus 0.49%, while Wire Transfer transfers cost $19.99 plus 0.49%.
The funds arrive in less than two business days and can be withdrawn to more than 70 local payment methodssuch as Mercado Pago, Brubank or Ualá, with a limit of up to $10,000 per user, adjustable depending on the profile.