Mercado Bitcoin
Key Data
- Trading Name: Mercado Bitcoin
- Legal Entity: Mercado Bitcoin Serviços Digitais LTDA
- Activities: Crypto Exchange
- Location: Brazil
- Regulations: regulated
- Key People: Gustavo Chamati, Mauricio Chamati, and Rodrigo Batista.
Mercado Bitcoin is one of the leading cryptocurrency exchanges in Brazil. Founded in 2011, it enables users to buy, sell, and store different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others.
As an exchange, Mercado Bitcoin facilitates the trading of cryptocurrencies among users.
Users can create an account on Mercado Bitcoin, make deposits in Brazilian Reais (BRL), and then use those BRL to buy the available cryptocurrencies on the platform. Similarly, users can also sell their cryptocurrencies on the exchange and withdraw the funds in BRL.
Mercado Bitcoin provides a platform for trading cryptocurrencies, and it often implements measures to comply with regulations and ensure the safety of users’ funds. It also offers features such as real-time market data, trading charts, and a user-friendly interface to assist users in their trading activities.
Offering
Mercado Bitcoin provides a range of services related to cryptocurrency trading and storage. Here are some of the main services offered by Mercado Bitcoin:
- Cryptocurrency Trading: Mercado Bitcoin allows users to buy and sell various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and others. Users can place market orders or set specific price levels to execute trades.
- Fiat-to-Crypto Trading: Users can deposit Brazilian Reais (BRL) into their Mercado Bitcoin accounts and use those funds to purchase cryptocurrencies on the platform. Similarly, users can also sell their cryptocurrencies for BRL and withdraw the funds to their bank accounts.
- Cryptocurrency Wallet: Mercado Bitcoin provides users with digital wallets to securely store their cryptocurrencies. These wallets offer a level of security for holding and managing digital assets.
- Market Data and Charts: The platform offers real-time market data, trading charts, and other tools to help users analyze price trends, track market movements, and make informed trading decisions.
- OTC Trading: Mercado Bitcoin also offers over-the-counter (OTC) trading services for users who want to execute large trades outside the regular exchange order books. This service is often used by institutional investors or high-net-worth individuals.
- API Access: Mercado Bitcoin provides an API (Application Programming Interface) that allows developers and traders to integrate the exchange’s services into their own applications or trading bots.
News
In June 2023 the exchange has obtained a payment institution license from the country’s central bank. This license allows the crypto exchange to operate as a payment institution and issue electronic money. The crypto exchange plans to offer its payment services through MB Pay. This will enable the exchange to provide Brazilian users with digital banking services using their held crypto assets.
Customer review
Trustpilot Rating: 2.8 – 12 reviews
Cryptowisser.comRating: 3,5 – 18 Reviews
Conclusion
We rate them on Green, as we have not found any negative about them.
