A transcontinental country spanning the southern edge of North America and the northern tip of South America, the Republic of Panama shares its borders with the neighboring countries of Colombia and Costa Rica, with the Pacific Ocean running along its southern side and the Caribbean Sea to the north. Considered a high-income economy, canal tolls make up a large portion of Panamaโs GDP, although its commerce, banking, and tourism industries are growing significantly in recent years.
Sitting at the heart of the country is Panama City, its capital and largest city that serves as home to almost half of the countryโs four million in population. As one of the most popular tourist destinations in the Western Hemisphere, over two million people visit this city every year, generating an income upwards of US$1.3 billion annually. While in Panama City, youโll be able to check out the more modern parts of the bustling city while reconnecting with some of its historic roots through visiting Panamรก Viejo, the cityโs old town district. For nature lovers, the country also has a lot to offer, from the tropical islands of Bocas Del Toro to the national parks of Volcan Baru, Soberania, and Barro Colorado.
The official currency of Panama is the Balboa (PAB), although USD is also widely used there, and you can purchase Squirrel By ๐๐ช๐ฝ๐ฝ ๐๐พ๐ป๐ฒ๐ฎ(SQUIRREL) in just a matter of minutes, no matter where you are in the country, from Panama City and Colon to David and San Miguelito. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.