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Taking everyone by surprise at the beginning of the week, today it was announced that we will soon have Bitcoin on Mercado Livre. The idea seems a little futuristic, but the big marketplace — that possibility. In May of this year, the company made the purchase of $7,8 million worth of Bitcoin. Six months later, the news was announced via Twitter by Marcos Galperín, founder and current CEO from the company. 6t1n2h
Being tested with a small portion of s since the beginning of this month, the Mercado Livre is ready to enable your digital wallets across the Latin America serve as a way to store Bitcoins. It is worth mentioning that, at least at this first moment, cryptocurrencies will not yet be able to serve as a form of payments for product purchases. Understand details right now.
Buying and selling bitcoin on Mercado Livre is coming soon 5k3k4b
Scheduled to be available later this week for all s, the novelty should put the company on a new level of digital wallets, where people can use the Mercado Livre like a real safe Bitcoin — that according to the current quotation, a Bitcoin equivalent to approximately R$ 315 thousand. Check out Mark's tweet:
Apparently, everything is ready to be released, since Osvaldo Gimenez, president of Mercado Pago since 2014, shared a screenshot showing how the app will look with the novelty. A new section will be added where you can access all data about your cryptocurrencies. See below:
The arrival of bitcoin it was considered for a while, but its release to all s is a big announcement. A small portion of s was already testing the functionality, and with due , now it's time for everyone to start using the digital wallet as a big safe deposit box. Bitcoin.
Marketplace made investment in cryptocurrencies 6 months ago v354g
It is not today that we see the words “bitcoin” and “Mercado Livre” in the same sentence. In May of this year, the marketplace made a purchase of $7,8 million in Bitcoin, an action cited as a treasury strategy and which now has a practical explanation. With this acquisition, the Mercado Livre became the first large company in Latin America to take this path.
Photo: Bitcoin Guide
The founder of Mercado Livre has always been quite adept at the cryptocurrency market, although I think we still have some challenges ahead for it to really take off. The concern was raised on a conference call for investors.
“Cryptocurrencies are here to stay. They play a very important role, not so much as a means of payment, but as a store of value, but there are still many challenges that cryptocurrencies must overcome, such as scalability and energy use to have a sustainable planet.”
Marcos Galperín, founder and current CEO of the Free Market
Despite the announcement of the purchase in May, it is assumed that such action took place during the first quarter of 2021, where the Mercado Livre became on the same list as the Tesla (which owns Elon Musk as owner), microstrategy, Square and others.
Bitcoin digital wallets cannot yet be used to pay for purchases 4x4u1h
Today, through Fx Market Payment, people who have credit in their digital wallet Mercado Livre they can even pay for a purchase or part of it through the amount that is available. But at least for now, there is still no forecast for the bitcoin balance to be used for the purchase of products within the app.
Photo: FreePik
But this is not ruled out, as other companies in the digital wallet market such as PayPal started to allow its s to pay for purchases with cryptocurrencies. As the novelty is first arriving in Brazil, now is the time to see how people will use bitcoin in Mercado Livre so that the values in the digital wallets can then be used within the marketplace.
Mercado Livre already has authorization to operate as a financial institution 1ww6n
The month of November for Mercado Livre often have big ads. In November of last year, the company received authorization to act as a financial institution by the central bank. The novelty arrived 17 years after the platform Mercado Pago have been created to facilitate payments between customers and buyers.
Also in November last year, the Free Market rreceived a “subtle” contribution of R$ 400 million from Goldman Sachs for investments in credit services. If your Mercado Pago credit card limit has increased, know that this contribution was essential for you to have more balance.
Photo: The Globe
In the brief statement, it was not mentioned whether the exchange of cryptocurrencies for “real money” will be carried out directly through the platform currently available. But apparently, the financial institution only wants to provide an option for Brazilians to store Bitcoin — at least for the moment.
What are the next steps? 4l626g
With the possibility of Bitcoin No. Mercado Livre, now it's time to know how this will work with a large number of people at the same time. The expansion of the functionality to other Latin American countries, such as Argentina e Chile, should happen as soon as the company is safe from the day-to-day service.
Photo: FreePik
As planned, we can also expect the company to accept Bitcoin within its own sales platform, where buyers could receive without the need to issue a slip or create a payment link. We can only wait for the next chapters of this story and for now, the news is that we will have Bitcoin on Mercado Livre later this week.
What do you think about having cryptocurrencies in our daily lives? Share your opinion on Comment!
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Did you know that despite all the popularization, the China does not allow cryptocurrency transactions? See more information about this:
