Review on Mercado Bitcoin by Hassan Abdullahi
Good for Brazilian Traders
From my basic knowledge, I know that "Mercado" means market, now combining it with Bitcoin from its name Mercado Bitcoin, we can easily come to a conclusion that this exchange is a market that particularly deals with Bitcoin. Mercado Bitcoin is still an active exchange from Brazil. It is actually quite fascinating to see that the adoption of cryptocurrencies by Brazillian traders is actually increasing, in that regard there are also exchanges created to serve the purpose of trading the particular crypto to fiat or vice versa. I was not able to navigate properly because of the language selection, it seemed to be only Portuguese language that was supported there so I had to make use of Google Translator. I wanted to begin registration but I was asked of CPF and CNPJ number but I didn't understand, so I just stayed away since it wasn't useful to me.
Pros
- The exchange has a good trading volume
- The exchange has a modern layout and is very easy to use
Cons
- Not suitable for any trader other than Brazillian traders
- Only Portuguese is supported in this exchange.
