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Mercado Pago Icon

Last Update January 3rd, 2021. Mercado Pago is Latin America’s leading payments network and enables customers with the ability to send and receive money via email.

Mercado Pago is also a popular method for buying and selling bitcoin instantly and securely.

At the moment, Paxful is the only platform that will accept Mercado Pago as a payment method.

Where To Buy Bitcoin With Mercado Pago

 CompanyFeesCountries Supported
Binance Icon
Binance

FreeAll countries
Paxful Icon Resized
Paxful

Free, 0.1% to 5% for sellersEvery country except for a few (see banned countries)

How Can I Buy Bitcoin With Mercado Pago?

If you want to buy bitcoin using Mercado Pago then you have to find a reputable exchange or marketplace that will let you do it.

How To Buy Bitcoin With Mercado Pago On Paxful Summary

  1. Create an account with Paxful.
  2. Verify your account.
  3. Go to “Buy Bitcoin” and look for Mercado Pago.
  4. Open a trade with the vendor and complete the terms.
  5. Receive bitcoins directly into your Paxful wallet.

That’s it! You have successfully purchased bitcoin with Mercado Pago as the payment method.

2 Ways To Buy Bitcoin With Mercado Pago

Binance

Binance Homepage

Rating:
Website:binance.com
CEO:Changpeng Zhao
Headquarters:Malta, European Union
Founders:Changpeng Zhao, Yi He
Founded:2017
Customer service:Knowledge Base

Binance is one of the best exchanges for experienced traders who are looking for a premier cryptocurrency marketplace to perform real-time trades.

With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.

Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.

Pros

  • Trustworthy management
  • High volume exchange
  • Low fees
  • A large number of cryptocurrency pairs
  • Global support

Cons

  • Few payment options

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Paxful

Paxful Homepage

Rating

Website:paxful.com
CEO:Ray Youssef
Headquarters:New York, New York
Founders:Ray Youssef, Artur Schaback
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Paxful gives vendors the ability to create offers in all currencies.

Pros

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers

Cons

  • Buyers and sellers are at risk of being scammed

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

What Is Mercado Pago?

Launched in 2003 by Mercado Libre, Mercado Pago is Latin America’s largest payments network and simplifies the process of purchasing, sending, and receiving money for its customers.

The Mercado Pago app is available for both iOS and Android platforms.

How Mercado Pago Works

Where Is Mercado Pago Used?

As a company, Mercado Libre has operations in the following countries:

  • Argentina
  • Bolivia
  • Brazil
  • Chile
  • Colombia
  • Costa Rica
  • Dominican Republic
  • Ecuador
  • Guatemala
  • Honduras
  • Mexico
  • Peru
  • Panama
  • Spain
  • Uruguay
  • Venezuela