Bitso Review

Bitso occupies a role in Latin America that few global exchanges can match, and this Bitso review examines it less as a trading venue than as a payments rail. Founded in Mexico in 2014, it has grown into the region’s best-known crypto brand, linking pesos, reais and other local currencies to stablecoins for both households and companies.

Scale and Reach

In a June 2026 release Bitso said it serves more than 10 million users and over 1,900 institutional clients. It operates in Mexico, Brazil, Argentina and Colombia, with institutional connections to Chile, Peru, the United States and Europe. Daniel Vogel serves as chief executive. A large share of activity now comes from Bitso Business, which uses stablecoins for cross-border payments; the company reported that stablecoin payment volume processed by that unit rose 81% year on year in the first half of 2026.

Licences and Safeguards

Bitso holds a Distributed Ledger Technology provider licence from the Gibraltar Financial Services Commission and is registered with Mexico’s banking and securities regulator, the CNBV. In 2026 its subsidiary Nvio Pagos El Salvador received a licence from El Salvador’s National Commission of Digital Assets to issue MXNB, a stablecoin pegged to the Mexican peso. The company states it has not been hacked in over a decade of operation, and CoinGecko records no security incidents. Additional safeguards listed by Bitso include:

• multi-signature cold storage for customer assets;
• insurance arranged through CoinCover;
• monthly solvency proofs using zero-knowledge technology;
• ISO/IEC 27001:2022 certification for information security.

These claims come from the company itself, so users should treat them as disclosures rather than independent audits.

What Trading Costs

The simple app is marketed with a 0% trading fee, but the price of convenience is usually built into the spread. Bitso’s advanced order books use a maker-taker schedule that rewards volume. At the entry tier, below 20,000 MXN in 30-day volume, the BTC/MXN book charges 0.60% to makers and 0.78% to takers. Dollar-denominated books are cheaper, starting at 0.30% maker and 0.36% taker for accounts under $1,000. Those rates are well above what global exchanges charge, although they fall steadily at higher tiers.

Funding is where Bitso shines. Mexican users can deposit and withdraw pesos by SPEI, the national instant transfer system, without fees, and crypto deposits are free. Crypto withdrawals carry dynamic network charges. Trading pairs are quoted in MXN, BRL, ARS and USD.

Products in 2027

Bitso lists more than 200 cryptocurrencies, a modest number next to offshore giants, and CoinGecko tracks only a subset of its books. Beyond buying and selling, customers can access yield products advertising up to 16% APY, real-time global stocks and the company’s own stablecoin. In late 2025 it announced plans for an on-chain perpetuals aggregator under the Bitso Onchain brand, together with a future token, targeting early 2026; details of leverage and tokenomics had not been disclosed in the sources we reviewed. The main exchange itself does not offer native futures or margin.

Who Benefits Most

Bitso is a strong fit for residents of Mexico and its other core markets who want to move between local money and crypto cheaply and quickly, and for businesses sending stablecoin payments across borders. Active traders seeking low maker-taker fees, deep altcoin liquidity or leveraged products will find better pricing elsewhere, and should compare spreads before using the zero-fee app.

Bottom Line

Bitso earns its reputation through local banking connections, a clean security history and a credible licence framework. Its main drawbacks are high entry-level fees on advanced books and a narrower product menu than the largest global platforms.

Exchange rates and crypto prices can both move against you, so treat any digital asset holding as a high-risk position.

Bitso FAQ

Risk warning: Trading forex and CFDs on margin carries a high level of risk. Bonus terms are set by each broker and may change; always check the broker's official terms before claiming.