Acquire cryptocurrencies in Mexico? Yes, it is possible and easier than you think, in addition to the exchanges known as eToro and Binancealso the platform Market Payment It has mechanisms for the acquisition of certain assets, since not all the crypto that exist in the other operators are enabled.
At the end of 2022, Mercado Pago launched the purchase and sale option of Bitcoin (BTC) and Ethereum (ETH) with positive results, by accounting for more than 150,000 operations, now these two digital currencies are added Crypto Dollar (USDP) issued by Paxos.
This currency has a 1:1 parity to the value of the dollar and is one of the most internationally regulated, on the platform it will be seen under the name Crypto Dollar (USDP) under which the stablecoin is traded Pax Dollar (USDP)This is important to clarify, so that buyers are not insecure about carrying out operations with digital currency.
“With this launch in Mexico, we seek to simplify access to the stablecoins and offer millions of people a new value reserve alternative”, assured the director for users of Mercado Pago in MexicoJorge Cabrera.
Can you make cryptocurrency transfers from Mercado Pago?
The company explained that its purchase and sale operations of Bitcoin, ETH and now of USDP They are not only limited between users of the application, since shipments can also be made to any other crypto wallet, as well as the receipt of these currencies in Market Payment will be enabled soon.
What is Paxos?
Paxos Trust Company is a financial institution specialized in blockchain; Market Payment partnered with Paxos to facilitate cryptocurrency trading in Mexico and Brazil. The company is specialized in cryptocurrency brokerage service, asset tokenization services, and settlement services.
Also has Paxos Standard Token (PAX) that is backed by dollars, which means that for each PAX to be exchanged, there must be at least one US dollar in the bank accounts of Paxoswhich makes the cryptocurrency be more stable in contrast to the other offers that have greater volatility.
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