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Review on Mercado Bitcoin by bernardo zubillaga

Revainrating 3 out of 5

The person in charge of the website Mercardobitcoin is Rodrigo Batista and he…

The person in charge of the website Mercardobitcoin is Rodrigo Batista and he has been active in the Bitcoin world since 2013. He has a degree in management and technology from different universities in Brazil. The company's headquarters are located in Sao Paulo, Brazil, and it is the first company to offer BTC exchange operations in Brazil. The website started in 2016 (last year) with a bang and 100 thousand registered customers! And that was last year! Today, they have around 400,000 registered merchants on their website



Pros
  • They are one of the main players in the Brazilian Bitcoin market and, in addition, they accept Fiat deposits in BRL (Brazilian Real). The website accepts Fiat deposits, as well as BTC, LTC and BCH from its personal portfolio. The deposit fee is 1.99% + R $ 2.00 for Fiat deposits. Cryptocurrencies does not have a deposit fee but has a withdrawal fee if it is transferred to a different wallet, not within the website. Since the stock market also works like a virtual wallet, it does not charge for transfers of funds from different accounts to others as long as it is on the website.
Cons
  • The website does not accept residents of countries outside of Brazil.