Hello and thank you for visiting CoinScouts!

CoinScouts is the world's most powerful crypto database. We are a community-driven..

 Bitso

Bitso exchange

9 markets

Go to Bitso

Bitso statistics

Trading volume 310
Rank 32
Trust score 8/10
Country Mexico
Year established 2014

Highest volume markets

 Bitcoin BTC/USDT Bitcoin $282,941.00
 Ethereum ETH/BTC Ethereum $1,263.11
 Decentraland MANA/BTC Decentraland $791.10
 XRP XRP/BTC XRP $10,410.64
 Litecoin LTC/BTC Litecoin $12,118.30

Bitso: A Leading Cryptocurrency Exchange for the Latin American Market

Bitso (https://bitso.com/) is a popular cryptocurrency exchange that caters primarily to the Latin American market. Offering a user-friendly platform and a focus on security, Bitso enables users to buy, sell, and trade a variety of digital assets with support for local fiat currencies like the Mexican Peso (MXN), Argentine Peso (ARS), and Brazilian Real (BRL).

How to start trading on Bitso:

  1. Register for an account: Visit Bitso's website and sign up for an account using your email address and a secure password.

  2. Complete identity verification: Provide the necessary identification documents for the KYC (Know Your Customer) process to enhance your account's security and access higher trading limits.

  3. Add funds to your account: Deposit your chosen cryptocurrency or local fiat currency using various supported methods, such as bank transfers or credit cards.

  4. Explore Bitso's offerings: Trade a selection of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), among others. The platform is designed with user experience in mind, offering comprehensive trading tools and features.

  5. Dive into trading: Place market or limit orders to buy or sell digital assets, capitalizing on market movements to generate alpha returns.

Pros and Cons of Bitso:

Pros:

  • Localized trading experience with support for Latin American fiat currencies
  • User-friendly platform suitable for traders of all experience levels
  • Strong security measures and regulatory compliance
  • Competitive trading fees and high liquidity
  • Mobile app available for iOS and Android

Cons:

  • Limited selection of cryptocurrencies
  • Primarily targeted at Latin American users
  • Advanced trading features might not be sufficient for professional traders

Before trading on Bitso or any other cryptocurrency exchange, always do your own research (DYOR) to make informed decisions and effectively manage risks. Good luck with your trading journey!