Mercadolibre to Allow Users to Invest in Cryptocurrencies From Its Platform

mercadolibre to allow users to invest in cryptocurrencies from its platform

Sumary of Mercadolibre to Allow Users to Invest in Cryptocurrencies From Its Platform:

  • Mercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks.
  • Mercadolibre Forays Into Crypto Services Mercadolibre, the biggest Latam-based company, has started including cryptocurrency services in its platform.
  • This is a logical step for the company, that acts as an intermediate between companies offering products and services in the platform and customers consuming these.
  • On including crypto as part of its business model, Tulio Oliveira, a Mercadopago vice president, stated: We took the time to study and learn before deciding to step into crypto.
  • Perhaps following Galperin’s train of thought, users of Mercadolibre won’t be able to purchase goods and pay for services with cryptocurrencies immediately.

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