Bitso

Bitso is the leading cryptocurrency exchange in Latin America, operating in Mexico, Argentina, Brazil, and Colombia. It serves as a critical financial bridge, allowing users to buy crypto with local fiat currencies (MXN, ARS, BRL, COP) and send remittances across borders instantly with low fees.

Bitso is known for its "Bitso Alpha" trading platform for advanced users and its user-friendly app for beginners. It is the first regulated crypto exchange in LATAM (licensed in Gibraltar) and is a legitimate, unicorn-status company that processes billions in remittance volume annually.

Frequently Asked Questions

1. specific minimum deposit?

The minimum deposit is very low to ensure financial inclusion. For example, in Mexico, you can deposit via SPEI transfer with no minimum. This allows users to buy small amounts of Bitcoin or stablecoins easily.

2. Is Bitso regulated?

Yes, Bitso is regulated by the Gibraltar Financial Services Commission (GFSC) under their DLT framework. This provides a high level of regulatory oversight and security standards for user funds.

3. Can I earn yield?

Yes, Bitso+ allows users to earn yield (rewards) on their USD stablecoin and Bitcoin balances. The yield is paid out weekly and does not require a lock-up period, making it a flexible savings option.

4. How fast are withdrawals?

Fiat withdrawals to local bank accounts (via SPEI in Mexico or Pix in Brazil) are typically instant and free. This speed makes Bitso an essential tool for daily financial transactions in the region.

5. Is it safe?

Bitso utilizes advanced security protocols and holds insurance for crypto assets. They are widely considered the safest and most reliable exchange in Latin America, trusted by millions of users.