Bitso
Bitso
Primo unicorn crypto LATAM; 12M users; provides Chivo Wallet El Salvador. Trustpilot 2,4/5; card discontinued. Card discontinued; focus exchange; Trustpilot 2,4/5
Data & conditions
| Maker / Taker fee | 0.1% / 0.65% |
|---|---|
| Markets | Spot |
| Supported assets | 40+ |
| Fiat on-ramp | Yes |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | LATAM · 4+ countries |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | CNBV Mexico + CVM Brazil IFPE (Mexico); DLT (Gibraltar) |
Strengths
- Primo unicorn crypto LATAM; 12M users; provides Chivo Wallet El Salvador.
Weaknesses
- Trustpilot 2,4/5; card discontinued.
Verdict
Primo unicorn crypto LATAM; 12M users; provides Chivo Wallet El Salvador. Trustpilot 2,4/5; card discontinued. Card discontinued; focus exchange; Trustpilot 2,4/5
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
FAQ
What are Bitso's fees?
On Bitso, spot fees are maker 0.1% / taker 0.65%. They drop with monthly volume and VIP tier.
Is Bitso regulated in Europe?
Regulatory status of Bitso: IFPE (Mexico); DLT (Gibraltar). Licence: CNBV Mexico + CVM Brazil.
Does Bitso publish Proof of Reserves?
Proof of Reserves publication is not documented for Bitso. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Bitso?
No, Bitso is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Bitso support derivatives and futures?
Bitso does not offer derivatives: it focuses on spot trading.
Sources
- Official service page Data verified on Jun 1, 2026
- Verified source Data verified on Jun 13, 2026
Update history
- Entry rebuilt from the v2 canonical dataset (manually verified record).