Cryptocurrencies Accepted

If you are traveling and are of the generation that has decided to embrace your financial liberty with crypto, you can for sure enjoy spending those on Mexican soil after making some crypto conversion with a local agent in cash. Mexconnections.com will happily assist you in the process to ensure the safety of your funds and your security as well.

CRYPTOCURRENCIES ACCEPTED - ENGLISH

Mexican Connections

2/2/2022 3 min read

A sing of time and evolution, more and more companies around Mexico are starting to accept payments for their services in the form of Cryptocurrencies. Many travelers looking at bringing large sums of money often feel deterred from Travelling with significant amounts due to the increasing scrutiny of custom agents that are looking for any cash amounts above ten thousand dollars in value.

If you are traveling and are of the generation that has decided to embrace your financial liberty with crypto, you can for sure enjoy spending those on Mexican soil after making some crypto conversion with a local agent in cash. Mexconnections.com will happily assist you in the process to ensure the safety of your funds and your security as well.

Some specific taxi drivers also will accommodate some crypto payments in BTC or USDT. Still, it is much better to carry small amounts of cash that you receive from a crypto conversion for security reasons.

Cryptocurrencies are primarily used in Mexico to cover higher-priced items like plastic surgeries or immigration, visas, passport emissions, etc. There is a market for everything in Mexico and crypto is not immune from it.

STAY CONNECTED

Of course, if you are in Mexico for a couple of days, you probably can keep your home cell phone carrier connected, but for a more extended stay, you might want to consider having a local number, even if this is for a short duration. Buying a SIM card in Mexico (we recommend Telcel) will take you 1.50 USD or 35 pesos, and a data package of 2GB will cost you an additional 10.00$ USD or 200 Pesos. You will be glad you had access to some data if you want to use your crypto wallet to cover some costs.

Mexico is relatively lax when it comes to data collection; you can enter any convenience store and get out of there with a SIM card, no questions asked, and no ID given.

CREATING MORE FREEDOM FOR MEXICANS

Crypto is getting adopted at a high pace, and Latin America is taking a big cut of it with the well-established trading applications such as Bitso, which permits any Mexican the ability to trade, receive and send crypto amounts. The dream of becoming financially independent is growing within the population that has seen its share of corruption and scandals regarding the misplacement of government funds in the past.

Younger Mexicans are often seen talking and bragging about the few dollars they made on a particular token or coin. This younger generation is also attracted to the decentralization of money that, in their opinion, will eventually bring to a fairer and less corrupted Mexico.

OPENLY SEEKING PIECES OF ADVICE

If you are sipping your Heineken at a bar near the beach, do not be surprised if the conversation drifts towards crypto. Some guys or waiters just love to talk about it and seek advice from foreigners who they think can have better wisdom on the subject. If that is the case, we recommend keeping your wallet information and balances out of sight. This could also be a way for them to fish around some wealthy tourists who forgot to keep their secrets after the effect of the alcohol sun combined have made their magic. Mexico is quite secure, but like in many countries, criminals and bad actors are never too far awaiting to benefit from situations they deem profitable.

If you are in the Cancun, Tulum, or Playa Del Carmen area and are looking for good contact to convert your crypto dollars to cover some of your costs or to learn where you can use these assets, make sure to reach out to mexconnections.com

Ask for their assistance to ensure a smooth and secure process away from any displeasure.

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