common-close-0
BYDFi
Trade wherever you are!

What is the name of the digital currency used in Mexico?

avatarRatevyraDec 16, 2021 · 3 years ago3 answers

Can you tell me the name of the digital currency that is commonly used in Mexico? I'm curious to know what the locals use for their digital transactions.

What is the name of the digital currency used in Mexico?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The digital currency commonly used in Mexico is called the Mexican Peso (MXN). It is the official currency of Mexico and is widely accepted for both digital and physical transactions. The Mexican Peso is regulated by the Bank of Mexico and is used by millions of people in the country. It is not a cryptocurrency, but rather a traditional fiat currency.
  • avatarDec 16, 2021 · 3 years ago
    In Mexico, the digital currency that is widely used is the Mexican Peso (MXN). It is the official currency of the country and is accepted by most businesses and individuals. While there are cryptocurrencies like Bitcoin and Ethereum that are also used in Mexico, the Mexican Peso remains the primary digital currency for everyday transactions.
  • avatarDec 16, 2021 · 3 years ago
    The digital currency used in Mexico is the Mexican Peso (MXN). It is the official currency of the country and is regulated by the Bank of Mexico. While there are other cryptocurrencies available, such as Bitcoin and Ethereum, the Mexican Peso is the most widely used digital currency in Mexico. It is accepted by businesses and individuals across the country and can be used for both online and offline transactions.