Mercado Bitcoin is a large South American exchange, headquartered in Brazil. The exchange deals with BTC, BCH, LTC, and BRL.
For better security, some transactions are to be confirmed via PIN-code. To complete registration on the exchange users will have to submit CPF and CNPJ documents. Mercado Bitcoin also offers VIP accounts, which are free to create. VIP package cover deposits via e-transactions and large limits, but also verification procedure.
VIP clients can make deposits in cash and via e-transactions, while for non-VIP accounts only cash deposits are accepted.