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Localbitcoins Comprising A Hub For Latin American P2P Trade Amid Declining Volume

In the midst of declining global volume, LocalBitcoins.com continues to comprise a hub for Latin American P2P (Peer-to-Peer) trade — with Venezuela, Chile, and Argentina posting record volume over recent weeks as indicated by Coin.dance.
This previous week saw LocalBitcoins trade between Bitcoin and the Mexican peso spike by 71%. All things considered, the seven day stretch of April 25 saw generally $430,000 worth of Bitcoin change turns in Mexico — including the fourth-most grounded weekly trade movement on record.
Latin Markets Post Record Volumes In Last Month
Argentinian Peer-to-Peer trade rallied to post another record of more than $710,000 in weekly volume amid the seven day stretch of April 18. The previous week has seen a slight retracement in volume, with $670,000 worth Bitcoin evolving hands.
Colombian trade has likewise rallied to test record-breaking high volume limits this previous month — with the seven day stretch of April 4 creating the market’s second-most grounded seven days of trade with $2.7 million in volume. The next weeks have seen volume waver between $2.1 million and $2.6 million.
The seven day stretch of April 4 saw record volume coming out of Chile with almost $400,000 in trade. The record followed a very long time of reliably expanding volume, and has been gone before by weekly trade movement worth somewhere in the range of $280,000 and $325,000.
Venezuela Post Continuous Volume Records
This previous week saw Venezuelan exchange on LocalBitcoins.com post another record for volume with $4.1 billion worth of Bitcoin changing hands in seven days.
The week included the fourth continuous record for Venezuelan weekly trade since the beginning of April.

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