Users of the online payment platform in Chile can now buy, sell and store Bitcoin (BTC) and Ether (ETH) through the Mercado Pago app, according to Osvaldo Giménez, president of Mercado Libre’s Fintech sector, who announced the news on LinkedIn.

Brazil and Mexico were the first countries to integrate this commercial function with cryptocurrency operations, and now the company is expanding to Chile, becoming the third country in the region to have access to the service through the Mercado Pago application.

Chileans can make their exchanges of Chilean pesos to Bitcoin or Ether with very low minimum amounts to operate, starting from a minimum amount of 60 cents on the dollar, directly from the Mercado Pago application.

This is intended to allow even those with little knowledge or experience in the field to enter this ecosystem and have access to these digital assets.

“We continue to open the doors to the crypto world for millions of users in the region: first Brazil and Mexico, and now also users in Chile”, said Giménez.

K. Tovar

Source: Cointelegraph

(Reference image source: file)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Mercado Libre expands its cryptocurrency services to Chile apareció primero en Bitfinance.

Mercado Libre recently announced that it is working on expanding its cryptocurrency buying and selling service in Latin America.

After starting the pilot program in Brazil, the company announced that it is ready to expand it to its more than 38 million active users throughout the region.

The executive director of Mercado Pago, Osvaldo Giménez, was in charge of announcing this inclusion, indicating that “we are going to be expanding the possibility of buying, selling and having cryptocurrencies in your account in the region.”

The operation of this purchase and sale service is thanks to the fintech company Paxos, who in December of last year partnered with Mercado Pago to allow trading with these assets, directly in the application.

The launch of the cryptocurrency trading function in that country has been successful. Just two months after its launch, the service exceeded one million Brazilian users. That success has prompted plans to expand the product, which Giménez says could benefit Latin Americans looking for ways to diversify their portfolios.

K. Tovar

Click the link to subscribe for free to our news and media group on Telegram: https://t.me/G_ELSUMARIO_News

Source: Diariobitcoin

La entrada Mercado Libre will bring its crypto service to Latin America apareció primero en Bitfinance.