Best Crypto Exchanges in Latin America Region| 19 October, 2021
Without any doubt, cryptocurrency is one of the hot topics right now. Everyone wants to get into it and make a profit. However, the first step to getting started with crypto is to sign up on a crypto exchange. Crypto exchange is like the marketplace where you can buy/sell cryptocurrencies.
So the question is, what are the best crypto exchanges in Latin America Region? To help you out with this, I have handpicked some of the best names.
All the below crypto exchanges are fully functional in Latin America and offer you reasonable trading fees and great features.
Cex.io is an easy-to-use yet secure platform for buying, selling, trading, and earning crypto.
The best part of this exchange is that it allows you to trade in more than 1000 cryptocurrencies. So you are not limited to a handful of options.
Plus, it allows you to buy crypto using your debit or credit card. Also, you can easily and quickly withdraw your funds to a card or bank account with just a few clicks.
Also, it supports a wide range of payment methods. Such as Visa, Mastercard, bank transfer, and more. Plus, it has a 0.25% taker and 0.16% maker fee, which is pretty low.
Though there are many crypto exchanges like cex.io, but only few of them have competitive fees and vast payment options like Cex.io offers.
First, there is the Bitso. It is not one of the largest cryptocurrencies out there. But it works amazingly well and allows you to trade in Bitcoin and 8 other cryptocurrencies.
The good part about it is that you can deposit cash in your local currencies. Like it supports Dollars, Argentine pesos, Mexican pesos, and Brazilian reais.
Also, your money is available all the time in your account. So you can take a trade at any time of the day. Or you can send/receive funds from all over the globe.
Along with that, it also comes with a mobile app that is pretty easy to use. So buying/selling cryptocurrencies would be a convenient experience for you.
The crypto exchange also has a nominal trading fee of about 0.095% maker and 0.099% taker fee when your trading volume is less than 500,000 USD. But if you increase the trading volume, you would enjoy lesser trading fees.
If you are a Mexican citizen, then do have a look at Volabit. It allows you to buy and sell cryptocurrencies in the simplest way.
Although, the crypto exchange has a limited number of supported coins. But you can use Mexican pesos to trade your favorite crypto coin.
The thing about Volabit is that it exchanges currencies for you. As a result, you can buy and sell crypto at a fixed price. This makes the platform an easy solution compared to trading with other users in a marketplace.
It also offers you multiple ways to deposit your funds. Like you can add crypto from other wallets to your Volabit wallet. Or you can deposit Mexican pesos.
However, when it comes to withdrawing your crypto, you will first need to exchange it into USD coin and then transfer it to your Mexican bank account.
Overall, the exchange has a competitive trading fee. It charges about 0.8% for each buy or sell of cryptocurrencies. Overall, the exchange has a competitive trading fee. It charges about 0.8% for each buy or sell of cryptocurrencies.
4. Panda Exchange
Next, there is the Panda Exchange. This one is a crypto exchange that is entirely developed in Latin America. However, the only drawback of the crypto exchange is that it has a limited number of coins.
It supports coins like Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Plus, it allows you to buy and sell these cryptocurrencies using Colombian pesos easily.
Getting started with the website is also a pretty straightforward thing. You will need to sign up on the website and verify your account. After that, deposit your funds, and you are all set to start trading.
Another good part of the crypto exchange is that it provides you support 24/7. So no matter when you need help, they will back you up. Plus, it has nominal trading fees.
Up next, there is the Bitex. Bitex is one of the popular cryptocurrency exchanges and wallets available all around the globe. With this platform, you can buy and sell a wide range of digital assets like Bitcoin, Ripple, Ethereum, Litecoin, and others.
Apart from being a crypto exchange, it also offers you a web wallet that uses multiple keys. As a result, you can store all your cryptocurrencies securely in a single place.
Also, the Bitex wallet can be used for sending crypto to third-party wallets. Also, you can receive coins from other wallets. Plus, the wallet supports a large number of coins.
Bitex also helps you with one of the advanced indicators and charts for all your trading needs. It also has a very low trading fee of about 0.02% as maker and taker fee.
What’s more? It also comes with mobile apps for Android and iOS devices. So you can buy/sell crypto at your fingertips.
You can also have a look at Buda. It is one of the safest yet most convenient websites to buy and sell cryptocurrencies.
The crypto exchange is extremely secure. As it keeps more than 90% of the funds in vaults disconnected from the internet.
Along with that, it lets you trade in a wide range of cryptocurrencies. Like you will be able to trade in bitcoins, ethereum, litecoin, and other cryptocurrencies. Also, it offers you all the tools that you need for trading.
To make things easier for you, it also has a mobile app available for iOS and Android. Using the app, you can buy cryptocurrencies, pay with Bitcoin Lightning Network, charge and transfer your cryptocurrencies and more.
Moreover, the crypto exchange has been operational since 2015. As of now, the crypto exchange is running its operations in Colombia, Argentina, and Peru.
So those were some of the best crypto exchanges in Latin America region. Now it is your turn to check these exchanges out and see which one meets your requirements. In case of any questions, do drop them in the comments.
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