SurBTC, a South American bitcoin exchange, last week announced that it is bringing bitcoin and Ethereum trading to Peru-based users.

The startup made the announcement in a Facebook post. It said:

“We are happy to tell you that from now on it is possible to buy and sell bitcoins and ethers with Peruvian Sol (PEN) on our exchange.

“To welcome our new friends, all our users in Peru will have zero cost in their operations until September 30th!”

In a statement, SurBTC CEO Guillermo Torrealba said that the discounted rate is being offered to incentivize users to try its service, ETH News reported. He clarified, however, that the discount will not apply to users in Chile or Columbia.

Founded in 2014, SurBTC is a technology company that develops and operates services using Bitcoin technology. It launched the first bitcoin exchange in Chile in 2015 and has expanded its operations of Peru and Columbia.

According to Torrealba, the exchange currently has over 20,000 users in Chile and Columbia. He is quite optimistic about the growth of its user base in Peru, stating that the new market is extremely favorable.

"We expect at least 10,000 Peruvians for our first year in that market," he told Criptonoticias (loosely translated). "[Cryptocurrencies] are the future, but do not take their quick adoption for granted. For this we have to work.”

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