Mercado Libre enabled the possibility for users in Argentina to buy and sell properties and real estate using Bitcoin (BTC) as a payment method.
Now you can buy real estate in Argentina with Bitcoin with Mercado Libre
In this way, Mercado Libre is moving towards a world where cryptocurrencies are used as payment methods. In this case, the platform added a section where it explains how its users will be able to use Bitcoin to sell or buy properties in Argentina.
Let us bear in mind that Mercado Libre is a widely recognized platform in Latin America for the purchase / sale of goods and services. In this sense, the real estate offer includes apartments, houses and land located in Argentina; places like Buenos Aires, Santa Fe or Córdoba.
According to the Scope, in the Mercado Libre press release it explained that the real estate market benefits greatly from cryptocurrencies such as Bitcoin for its «speed, traceability and security, as well as an innovative refuge of value ».
In addition, Juan Manuel Carretero, commercial manager of Vehicles, Real Estate and Free Market Services, explained that Bitcoin offers advantages to both the buyer and the seller.
«Today we launch the crypto section within Mercado Libre Inmuebles and in a few hours there are already 75 properties available. We expect many more as the days go by, because far from being a fashion, we see that it is a trend that will consolidate over time.», He added.
How will you get into the crypto ecosystem?
Mercado Libre’s foray into the crypto ecosystem is certainly interesting, first with Bitcoin. However, it is also relevant to carefully observe how it is doing it and what tools it offers for its users.
Let’s keep in mind that cryptocurrencies still seem to be an unsolved mystery to many, that is, despite the rise of the crypto market, there is still a long way to go.
Therefore, the recommendation that is repeated the most is: Get informed! Without a doubt, the ideal is to enter the crypto market knowing it to a certain extent.
In this way, Mercado Libre in the section added a small list of steps that you must follow to acquire the property. Specifically, there are three steps: Choose the property, contact the realtor and notify that you will make the transaction in Bitcoin. Will this be enough to reduce doubts and confusion among users? We want to know your opinion!