Payment Market confirmed that it will now allow its users in Mexico to buy and sell cryptocurrencies. Through the application people will be able to acquire, sell and store bitcoin and ethereum.
In an interview with Bloomberg Online ArgentinaAriel Szarfsztejn, Executive Vice President of e-commerce In MercadoLibre, he had commented that Mexico would be the next country to carry out cryptoactive transactions.
Pedro Rivas, general director of Mercado Pago in Mexico confirmed this information in a company statement.
Entering the cryptocurrency business is one more step to continue transforming Mexico and Latin America. Through this new service we seek to give millions of Mexicans access to the crypto world in an educational, safe and simple way, in order to generate greater technological inclusion.
Said Pedro Rivas.
How about I kept them in suspense? Ha ha ha, just for that, ice cream for everyone who guessed it was cryptocurrencies 🍦
From now on you can buy and sell bitcoin and ethereum from #MarketPayment 📲💙– Mexico Payment Market (@MercadoPagoMex) October 27, 2022
To carry out this task, the financial arm of MercadoLibre allied with Paxos, a platform for blockchain services and cryptocurrency custody.
The offer will focus on the purchase and sale of bitcoin (BTC) and ethereum (ETH) and users will be able to purchase these crypto assets with the money they have available in their Mercado Pago Wallet account.
According to the statement, the minimum amount per operation will be “just one peso.” Likewise, the money from the transactions they carry out will be credited to their account.
According to the most recent study by the information comparison firm Finder, around 12 million Mexicans own cryptocurrencies, this is 13% of adults. Within this sample, 21% choose bitcoin as their favorite, followed by 14% who prefer ethereum.
In this way, Mexico becomes the second country, after Brazil, where the fintech enables the possibility of buying, selling or saving cryptos.
Editorial Team The editorial team of EMPRENDEDOR.com, which for more than 27 years has worked to promote entrepreneurship.