Bitso
Exchange
#119
$ 11.64M
Volume
Coin listings
All coin listings# | Coins | Price | |||
---|---|---|---|---|---|
| |||||
| 1 | Tether USD USDT | $ 1.00 | Trade | |
| 2 | Bitcoin BTC | $ 105,886.20 | Trade | |
| 3 | XRP XRP | $ 2.19 | Trade | |
| 4 | Ethereum ETH | $ 2,544.97 | Trade | |
| 5 | Solana SOL | $ 157.90 | Trade | |
All coins |
New coin listings
Coins | Price | Added | ||
---|---|---|---|---|
| ONDO ONDO | $ 0.849 | 4 months ago | Trade |
| Hedera HBAR | $ 0.169 | 5 months ago | Trade |
| Virtuals Protocol VIRTUAL | $ 2.08 | 5 months ago | Trade |
| PayPal USD PYUSD | $ 1.01 | 5 months ago | Trade |
| Artificial Superintelligence Alliance FET | $ 0.764 | 5 months ago | Trade |
All new coins |
Markets
About Bitso
Bitso Exchange
Bitso is a prominent centralized cryptocurrency exchange founded in 2014 and headquartered in Mexico. It has rapidly ascended to become the largest cryptocurrency platform in Latin America, specifically catering to users in Mexico, Brazil, Argentina, and Colombia. Bitso distinguishes itself through its strong regulatory compliance, user-friendly design, and robust fiat integration tailored for the Latin American market.
Key Features:
- Latin American Market Leadership: Bitso is the undisputed leader in Latin America, pioneering crypto services in the region. It was the first to offer trading with the Mexican Peso (MXN) and has since expanded its reach across the continent, now serving over 8 million users globally.
- Strong Regulatory Framework: Bitso is the first crypto platform in Latin America to be licensed by the Gibraltar Financial Services Commission (GFSC) under its Distributed Ledger Technology (DLT) Regulatory Framework. It also holds local financial licenses in the countries where it operates (Mexico, Brazil, Argentina). This commitment to regulation builds significant user trust.
- Extensive Fiat Support: Offers seamless deposits and withdrawals in local fiat currencies such as Mexican Peso (MXN), Argentine Peso (ARS), Brazilian Real (BRL), and Colombian Peso (COP), making crypto accessible to millions.
- Diverse Cryptocurrency Selection: Supports over 70 cryptocurrencies and numerous trading pairs, including major assets like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), Solana (SOL), and various stablecoins and memecoins.
- Robust Security Measures: Employs high security standards, including multi-signature cold storage for customer funds, 2-Factor Authentication (2FA), a Transaction PIN, and a bug bounty program. Bitso also partners with CoinCover for insurance-backed guarantees for almost all digital assets and implements zk-Proof of Solvency based on Merkle Trees.
- User-Friendly Experience: Provides both basic and advanced trading options, catering to beginners and seasoned traders. Its mobile and web platforms are designed for ease of use.
- Innovative Services: Offers features like staking (with potential yields up to 16% annually on certain stablecoins and cryptos), Bitso Pay for payments, and a Bitso Card (in Mexico) for spending crypto like traditional debit.
- Competitive Fee Structure: Utilizes a maker-taker fee model that varies based on trading volume, with competitive rates that decrease as volume increases.
Reputation & Security Incidents:
- No Reported Major Hacks: Critically, Bitso proudly states it has never been hacked, which is a significant advantage in the crypto industry. It maintains a strong focus on cybersecurity.
- Positive User Sentiment: Generally receives positive user reviews, particularly praising its ease of use, security, and the convenience of local fiat support. While some users occasionally mention slower customer support response times or the absence of certain advanced features, the overall sentiment is highly favorable, especially in its target markets.
- Strategic Partnerships: Collaborates with major players like Ripple and has partnerships with financial institutions such as Banco Nacional de México (Banorte) and Mastercard, enhancing its payment processing capabilities and market reach.
Key Takeaways:
Here are the essential points to know about Bitso:
- LATAM Market Leader: It's the dominant and most influential crypto platform across Latin America.
- Highly Regulated: Bitso was the first in LATAM to secure a GFSC license and demonstrates strong adherence to local regulations.
- Top-Tier Security: Boasting zero reported hacks, it employs extensive cold storage for 95% of funds and offers insurance-backed guarantees for assets.
- Seamless Fiat Integration: Provides convenient deposits and withdrawals for MXN, ARS, BRL, and COP.
- User-Centric Design: The platform is built for ease of use, offering diverse assets and innovative services like staking and crypto payments.
- Reliable & Trusted: For users in its supported regions, Bitso stands as a remarkably reliable and convenient choice for their crypto needs.