MercadoLibre has enabled bitcoin and cryptocurrency trading on its Mercado Pago wallet for Chilean users.
MercadoLibre, the largest e-commerce platform in Latin America, has announced that it has enabled bitcoin and cryptocurrency trading to its users in Chile.
The feature will allow Chilean users to buy, sell and save bitcoin through the company’s MercadoPago wallet app. This makes MercadoPago the first digital account in the country to offer this type of operation, according to a statement posted on LinkedIn by Osvaldo Gimenez, President of MercadoLibre.
The aim of the move is to eliminate barriers to accessing the cryptocurrency market in Chile, making it more accessible to people with less experience or knowledge in the field, the announcement said. The process is expected to be “very simple” and with “very low,” minimum amounts to operate so that even novice users can take their first steps in the market.
“We continue to open the doors of the #cripto world for millions of users in the region: first Brazil and Mexico, and now also #MercadoPago users in Chile can buy, sell and save #Bitcoin,” Gimenez said in the translated statement.
MercadoLibre previously enabled the feature for its Brazilian customers in November 2021. This development came after the company purchased $7.8 million worth of bitcoin in May 2021.
Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights
Claude Mythos Preview identified thousands of zero-day vulnerabilities across every major operating system and browser,…
While BlackRock’s spot bitcoin ETF currently reigns as the liquidity king of crypto, Morgan Stanley’s…
Bitcoin climbed back above $71,000 after news of a conditional U.S.–Iran ceasefire tied to reopening…
Bitcoin clears a key technical hurdle and eyes $76,000 as a temporary ceasefire with Iran…
A ton of BTC was recently traded below $70,000 in a sign of strong dip…
Bitcoin has been in a bearish trend that spilled over from 2025 into the year…