How do I buy Bitcoin with Mercado Pago?

What's Mercado Pago?

Mercado Pago is a payment platform founded in 2004 by Mercado Libre, a leading e-commerce company in Latin America. It is available in over 18 countries, including Argentina, Brazil, Chile, Colombia, Mexico, and Uruguay. In addition to facilitating online payments, Mercado Pago also offers various financial services, including credit and debit card processing, bank transfers, and mobile banking. If you want to purchase Bitcoin using Mercado Pago on OKX P2P Trading, it's a straightforward process that can be completed in just a few steps. Here's how to do it:

How can I buy Bitcoin with Mercado Pago?

1. Create an OKX account: learn how you can create an account here

2. Verify your OKX account: visit here to find out how you can verify your account

3. Find the best offer:

   • Navigate to the P2P trading marketplace and ensure the Buy function is selected.

   • Select Mercado Pago, BTC, and the preferred fiat type to generate all listed offers.
     Note: You may filter the results further by adding your preferred fiat amount.

   • Select the offer you prefer to initiate the trade.

4. Make payment:

   • In the pop-up window, enter the amount of Bitcoin you wish to purchase with your preferred fiat. Also, ensure that Mercado Pago is selected under the payment method field.

   • Select Buy BTC to confirm your purchase.

Note: your purchased BTC tokens will be deposited into your Funding Account once the seller confirms that payment has been received.

FAQ

Is it safe to buy Bitcoin with Mercado Pago on OKX?

Yes, it's generally safe to buy Bitcoin with Mercado Pago on OKX as long as you follow basic security precautions. For example, make sure to use a strong and unique password for your OKX account and enable two-factor authentication to help protect your account from unauthorized access. Additionally, be sure only to buy Bitcoin from trusted sellers and only send payment through secure payment methods, such as Mercado Pago. OKX P2P Trading takes security seriously and has implemented various measures to protect its users from fraud and scams. However, as with any online transaction, it's essential to be cautious and to only trade with reputable sellers. It's also a good idea to enable two-factor authentication for an added layer of security.

Are any fees associated with buying Bitcoin with Mercado Pago on OKX?

While OKX P2P Trading does not charge a fee for buying Bitcoin, there may be fees associated with purchasing Bitcoin with Mercado Pago on OKX. These fees may include Mercado Pago fees for processing the payment. Therefore, it's essential to carefully review the fees associated with any transaction before proceeding to ensure you know the total cost.

How long does it take to buy Bitcoin with Mercado Pago on OKX P2P Trading?

The time it takes to buy Bitcoin with Mercado Pago on OKX P2P Trading will depend on a few factors, including the availability of sellers willing to accept Mercado Pago as a payment method and the speed of the payment processing through Mercado Pago. However, the process should generally be relatively quick, with Bitcoin being released to your OKX P2P Trading account as soon as the payment is confirmed.