Buy Crypto with Mercado Pago
You can buy crypto with Mercado Pago on Peer. Pick an offer denominated in ARS, send a transfer to the seller's CVU through the Mercado Pago website, and Peer verifies the payment privately. USDC is then released from onchain escrow directly to a wallet you control.
How to buy crypto with Mercado Pago
Choose a Mercado Pago offer
Open the Peer app, enter the amount of USDC you want, and select an offer that accepts Mercado Pago. Offers are denominated in ARS.
Send the transfer to the seller's CVU
On the Mercado Pago website, send the exact quoted ARS amount to the seller's CVU in a single payment. Double check that the CVU matches exactly before sending.
Your payment is verified privately
Peer verifies your Mercado Pago payment privately. Only the amount, recipient, and timestamp are shared, never your account details or history.
Receive USDC in your wallet
Once the payment is verified, escrow releases USDC directly to your wallet on Base, with bridging to Solana, Hyperliquid, Ethereum, and 20+ other chains.
Mercado Pago on Peer at a glance
- Currencies
- ARS
- Settlement
- USDC is released to your wallet once your payment is verified. Timing varies by payment app, verification, and any bridge route.
- Order limits
- Order limits are based on your Taker Tier, which increases as you complete more orders. Limits range from $100 to $5,000 depending on your tier.
- Custody
- Peer is non-custodial: crypto sits in onchain escrow until your payment is verified, then it is released directly to your wallet.
- Chains
- Peer is built on Base and supports bridging to Solana, Hyperliquid, Ethereum, and 20+ other chains.
Mercado Pago payment rules
- Send the payment through the Mercado Pago website; do not use the mobile app.
- Double check that the CVU matches exactly before sending.
- Send the exact quoted ARS amount in a single payment.
Mercado Pago FAQs
Can I buy crypto with Mercado Pago?
Yes. On Peer you buy USDC from another person and pay them with a Mercado Pago transfer in ARS. The payment is verified privately and onchain escrow releases the crypto to your wallet.
What is a CVU and where do I find the seller's?
A CVU is the virtual account number used by Mercado Pago and Argentine banks. The Peer app shows you the seller's CVU at payment time; double check it matches exactly before sending.
Why do I have to pay through the Mercado Pago website?
Only payments made through the Mercado Pago website are supported for Mercado Pago offers on Peer. Do not use the mobile app for the payment; the Peer app links you to the right page at payment time.
Which currencies does Mercado Pago support on Peer?
Mercado Pago offers on Peer are denominated in ARS. For other currencies, use a multi-currency method like Revolut, Wise, or PayPal instead.
Does buying crypto with Mercado Pago require identity verification?
No additional verification is required on Peer. You connect a wallet and pay with the Mercado Pago account you already have; verification shares only the amount, recipient, and timestamp.
Can I sell crypto and get paid on Mercado Pago?
Yes. Post an offer as a seller and receive ARS to your Mercado Pago CVU when a buyer takes it. Your USDC stays in onchain escrow until the buyer's payment is verified.