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Latin Americas largest ecommerce enters the market Mercado Br

Date:2024-05-01 18:49:50 Channel:Trade Read:
Latin America's largest e-commerce enters the market! Brazilian users of Meikeduo can buy, sell and hold cryptocurrencies
In Latin America, an e-commerce revolution is quietly emerging, and Brazilian users will usher in an unprecedented shopping experience. As the largest e-commerce platform in Brazil, Meikeduo announced that users can not only enjoy the fun of shopping, but also participate in the trading and holding of cryptocurrencies, opening a new era of digital economy.
Brazilian users of Meikeduo can now enjoy shopping for all kinds of goods, from daily necessities to luxury goods, from fresh ingredients to electronic products. What's more exciting is that users can also participate in the buying, selling and holding of cryptocurrencies through the Meikeduo platform. The introduction of this function has undoubtedly brought earth-shaking changes to the e-commerce industry.
The e-commerce industry has always been a product of the combination of technology and business, and the introduction of cryptocurrency has pushed this combination to a new height. Through blockchain technology, cryptocurrency has achieved the characteristics of decentralization, high security and strong anonymity, bringing more convenience and security to users' transactions. While enjoying the fun of shopping, Brazilian users of Meikeduo can also participate in the exploration of this cutting-edge technology, realizing the perfect combination of digital currency and physical goods.
With the booming global digital economy, cryptocurrency is no longer a distant future technology, but has been integrated into people's daily lives. In Brazil, a market full of vitality and potential, Meikeduo's move will undoubtedly lead the e-commerce industry to a new height. Users can not only experience the convenience brought by traditional e-commerce, but also feel the innovation and potential brought by digital currency.
For users, participating in cryptocurrency transactions is no longer an unattainable financial field, but a more open and inclusive market. Whether it is a novice user or a senior investor, you can easily participate in cryptocurrency transactions through the Meikeduo platform and experience the charm of the digital economy. This democratized financial system will undoubtedly bring opportunities to more people, so that wealth will no longer be concentrated in the hands of a few people, but will be distributed more equally to every participant.
With the development of the times and the advancement of technology, the e-commerce industry is undergoing earth-shaking changes. In this era full of opportunities and challenges, as users, we should seize the opportunity and actively participate in the digital economy. Meikeduo Brazilian users can not only enjoy the convenience brought by traditional e-commerce, but also feel the innovation and potential brought by cryptocurrency. Let us welcome the arrival of this digital age together and let Meikeduo accompany us to explore the infinite possibilities of the future.

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According to a report by Bloomberg, Mercado Libre, Latin America’s largest e-commerce company, has entered the cryptocurrency market, allowing Brazilian users to use its digital wallet to buy, sell and hold cryptocurrency.

Marcos Galperín, co-founder and CEO of Mercado Libre, also forwarded the news on Twitter and said that starting this week, the company’s branch in Brazil, Mercado
Users of Livre and its fintech arm Mercado Pago will be able to buy, sell and hold cryptocurrencies. According to Mercado Libre’s third quarter financial report information, Mercado
Pago digital wallet has 16.8 million unique users.

Marcos
Galperín is a well-known supporter of Bitcoin. He has publicly disclosed many times in the past that he has invested in Bitcoin since 2013, and has also expressed various bullish views on the cryptocurrency ecosystem in Latin America. He even believes that Bitcoin More valuable than gold.

Mercado Libre said in a written statement that it will enter the Brazilian cryptocurrency market with a world-class custodian, but the statement did not specify which operator it will cooperate with to provide this service.

In fact, Mercado Libre has been hinting at offering cryptocurrency services in recent months. In August this year, company president Osvaldo
Gimenez said in an interview with Bloomberg that Bitcoin and Ethereum may set off a financial revolution.

Bloomberg Law reported on Monday that Mercado Pago Vice President Tulio
Oliveira said that this feature has been available for testing by a small number of Brazilian users since November and is expected to be opened to a wider range of users in the next few weeks, but it is not currently open to consumers directly on Mercado.
Cryptocurrencies are used for payments on Libre’s shopping platform.

In April this year, Mercado
Libre has just announced that it will accept Bitcoin payments, allowing users to purchase real estate through Bitcoin. Currently, the platform has 75 properties managed by 7 real estate companies and is suitable for real estate in major cities in Argentina and Uruguay. Specifically, the property will be priced in U.S. dollars, and prospective buyers can contact a real estate agent to agree on a conversion rate and then transact in Bitcoin.

The next month, the Nasdaq-listed company (US: MELI) disclosed that it had purchased $7.8 million in Bitcoin in the first quarter of this year, becoming the 36th listed company to hold Bitcoin on its balance sheet. Company, and the first major Latin American company to purchase Bitcoin as an asset allocation.

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