How to buy Bitcoin with Mercado Pago in 2025

This introductory guide explains how to buy Bitcoin with Mercado Pago. Follow our simple three step guide to make your first purchase.
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Updated on Oct 15, 2024
Reading time 4 minutes

Firstly, the most important question to answer is: can I buy Bitcoin with Mercado Pago?

No, Mercado Pago doesn’t allow you to purchase cryptocurrency. However, you can use Mercado Pago to fund a trading account and buy Bitcoin that way.

You just need a crypto exchange that accepts Mercado Pago deposits. And we’re here to help.

How to buy Bitcoin with Mercado Pago – a step-by-step guide

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It takes about 15 minutes to buy BTC with Mercado Pago. Have a copy of your photo ID to hand and follow this guide to get started.

Step 1. Sign up with eToro .

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We recommend eToro as the best platform to use to buy BTC with Mercado Pago.

Plus500 review
4.5
Plus500
Min. Deposit $100
Fees From 2%
No. assets 2800+
Demo account Yes

Plus500 review

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

Step 2. Create an account.

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You need an account before you can buy anything. Sign up with your contact details and a form of ID for verification.

Step 3. Make a deposit via Mercado Pago.

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Enter how much you want to deposit and select Mercado Pago as your payment method from the list of options.

Step 4. Use the search box to find Bitcoin.

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Use the search box on the home page to search for Bitcoin and the currency you want to pay in (such as GBP).

Step 5. Make your purchase.

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Enter how much Bitcoin you want to buy, check the details and process the transaction. Once the payment goes through, your new Bitcoin will show up in your exchange account.

Top Bitcoin platforms that accept Mercado Pago

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We found 22 crypto platforms for users based in

1. Plus500. Best for international trading*

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4.5
Ratings

$100

Min. deposit

From 0.08%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to futures for the two biggest cryptos, Bitcoin and Ethereum. 

Plus500 has something for all types of crypto trader, no matter what level of experience. Its low margin requirements of $20 for Ether and $100 for Bitcoin make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Fees & Costs

Pros & Cons

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

2. Coinbase. Best secure trading platform for all types of trader

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4
Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

3. Kraken: Best for simple, global cryptocurrency trading from your phone

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3.5
Ratings

$10

Min. deposit

0.10% - 0.26% (volume dependent)

Fees

90

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

Quick answers to key questions

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Can I buy crypto with Mercado Pago?

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Yes, you aren’t limited to buying Bitcoin alone. The only limit is which coins are available on the exchange you’ve chosen. Most crypto exchanges that support Mercado Pago as a payment method offer 50+ cryptocurrencies and many offer hundreds more.

Is Mercado Pago safe?

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Yes, it’s completely safe to use Mercado Pago. The only risk to look out for is to make sure you sign up to a regulated Mercado Pago Bitcoin broker when buying Bitcoin. Using an unregulated broker platform can put your money at risk.

How much does it cost to buy Bitcoin via Mercado Pago?

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The cost of buying Bitcoin using Mercado Pago will vary depending on your platform and current market price. In general, you should expect to pay around 5% – 10% of the transaction amount when using Mercado Pago to buy Bitcoin. 

Can I store Bitcoin in/on my Mercado Pago account?

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Yes, you can use your Mercado Pago account to store Bitcoin. However, it is important to note that Mercado Pago does not offer a cold storage solution for Bitcoin. This means that your Bitcoin will be stored in a hot wallet connected to the internet. This makes it more vulnerable to hacking and theft.

Why don’t more crypto platforms support Mercado Pago?

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Mercado Pago is a popular payment platform in Latin America but is unavailable in all countries. This means that crypto platforms that want to support Mercado Pago must limit their services to countries where Mercado Pago is available. Mercado Pago also charges high fees, which many users do not want to pay. 

Should I buy Bitcoin using Mercado Pago?

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You may want to consider using Mercado Pago to buy Bitcoin. It’s a popular payment platform in Latin America that allows you to buy and sell Bitcoin. It has a good reputation among its users and is an easy platform to use. However, Mercado Pago charges a fee for its services, which is considerably high compared to others, so you may want to take that into account before making your decision. 

Pros

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  • Mercado Pago has an easy-to-use platform
  • You can store BTC on Mercado Pago
  • It’s a popular payment method in Latin America

Cons

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Is there an alternative to buying cryptocurrency with Mercado Pago?

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There are plenty of alternatives, whether you want to pay through an online payment provider or go down a more traditional route. Here are some of the different ways to pay for your Bitcoin purchase.

FAQs

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01

Can I buy Bitcoin with Mercado Pago on Coinbase?

02

Can I buy Bitcoin with Mercado Pago on Cash App?

03

How do I fund my crypto account with Mercado Pago?

04

Can I buy Bitcoin with Mercado Pago instantly?

05

Can I buy Bitcoin with Mercado Pago anonymously?

06

Can I buy Bitcoin with Mercado Pago in Brazil?

07

Can I buy Bitcoin with Mercado Pago in Argentina?

08

Can I buy Bitcoin with Mercado Pago in Mexico?

09

Can I buy Bitcoin with Mercado Pago in Europe?


Sources & references

Prash Raval

Prash Raval

Financial Writer

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Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while running an educational service helping novice traders learn the markets. He has a keen interest in micro and small cap stocks....