Mercari, Japanese E-commerce Giant, Begins to Release Ethereum

Bittime - Mercari, Japan's largest e-commerce company, now accepts Bitcoin and Ethereum through its crypto subsidiary, Melcoin. This shows the growing interest in Ethereum in Japan.

In an increasingly advanced digital era, blockchain and cryptocurrency technology continues to develop rapidly. One of the largest e-commerce companies in Japan, Mercari, is now entering the global market after releasing Ethereum.

Japanese E-commerce Giant Mercari Now Accepts Crypto

Mercari claims that the company manages the "largest marketplace" in Japan through a "flea market" platform comparable to eBay. In recent years, the company has integrated crypto exchanges into its marketplace applications.

This exchange has been well executed. A survey last year found that new crypto users in Japan were more likely to use crypto exchange Mercari.In January, Mercari announced it would begin accepting Bitcoin (BTC) on its platform through its Tokyo-based crypto subsidiary, Melcoin.

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Ethereum Added to Bitcoin Trading on Melcoin

Once more than 100,000 Bitcoin transactions are completed, Melcoin handles Bitcoin payments made on the platform. Buyers can initially pay in Bitcoin, but vendors will provide yen, so prices are shown in yen only. There are also additional coins such as Ethereum, to its Bitcoin trading service in March.

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High Interest in Ethereum in Japan

According to Google Trends data, searches related to Ethereum have increased rapidly in Japan since the beginning of the year. In recent days, interest in ETH has increased due to reports the US Securities and Exchange Commission will soon approve an Ethereum exchange-traded fund (ETF).

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Conclusion

Mercari, a well-known Japanese e-commerce company, has expanded its services by accepting Bitcoin and is now adding Ethereum to its platform through its crypto subsidiary, Melcoin. The move shows increased crypto adoption in Japan as public interest in Ethereum increases, especially due to the possible approval of an Ethereum ETF by the US Securities and Exchange Commission.

How To Buy Ethereum (ETH) With Bittime

You can buy and sell Ethereum (ETH) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  Ethereum (ETH)  is available on Bittime with ETH IDR pairing. To be able to buy ETH IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Read more:

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.