The biggest e-commerce store in Latin America is the latest major company in the region to join the crypto adoption movement. Mercado Libre is now allowing its customers to buy a selected number of properties from real estate agencies with bitcoin.
Properties Listed Don’t Offer Alternative Payment Methods Aside From Bitcoin
According to the announcement, the firm created 20 years ago offers 75 properties on sale from seven agencies that accept bitcoin (BTC) as the only payment method. The houses, apartments, lands, among others, are located in several Argentinean cities, such as Buenos Aires, Santa Fe, and Cordoba.
Mercado Libre believes that cryptocurrencies are an “innovative value haven,” as their traceability, speediness, and security make it a proper way to arrange payments.
In fact, the e-commerce store offered a webinar where it provided further information on cryptos targeting over 300 real estate agencies.
Juan Manuel Carretero, commercial manager of Vehicles, Real Estate and Free Market Services at Mercado Libre,