fitgap

Bitso

Features
Ease of use
Ease of management
Quality of support
Affordability
Market presence
Take the quiz to check if Bitso and its alternatives fit your requirements.
Pricing from
Pay-as-you-go
Free Trial unavailable
Free version
User corporate size
Small
Medium
Large
User industry
  1. Transportation and logistics
  2. Accommodation and food services
  3. Agriculture, fishing, and forestry

What is Bitso

Bitso is a cryptocurrency exchange that enables individuals and businesses to buy, sell, and hold digital assets, with a focus on Latin American markets. It provides trading, custody, and fiat on/off-ramp capabilities, and also offers APIs for programmatic access. The product is commonly used for retail trading as well as cross-border payments and treasury operations where local currency rails are required.

pros

Business APIs and integrations

Bitso provides APIs that allow companies to integrate trading, transfers, and account operations into their own applications. This supports use cases such as payment flows, treasury rebalancing, and automated execution. The API-first option can be a differentiator for teams that need programmatic control rather than only a consumer UI.

Strong LATAM fiat rails

Bitso supports local deposit and withdrawal methods in key Latin American markets, enabling users to move between fiat and crypto without relying solely on international banking. This is useful for customers who need local currency access for trading or settlement. For businesses, these rails can reduce operational friction for regional payouts and collections.

Consumer and institutional coverage

The platform serves both retail users and business customers, which can simplify vendor consolidation for organizations that need end-user access plus corporate accounts. Bitso’s product set typically spans spot trading, custody, and transfer functionality. This breadth can reduce the need to stitch together separate providers for basic exchange and movement of funds.

cons

Geographic availability constraints

Bitso’s strongest functionality is tied to specific Latin American jurisdictions, and availability varies by country. Users outside supported regions may not have access to the same fiat on/off-ramps or account features. Organizations operating globally may still need additional exchanges or payment providers for full coverage.

Asset and market depth limits

Compared with the largest global exchanges, Bitso may offer fewer listed assets, trading pairs, and advanced market structures depending on jurisdiction. This can matter for traders seeking broad token coverage or deep liquidity across many markets. It may also limit certain hedging or execution strategies for high-volume users.

Custodial and compliance overhead

As a centralized exchange, Bitso custody is custodial by default, which introduces counterparty and operational risk considerations. Business customers often need additional controls such as withdrawal allowlists, segregation policies, and internal approvals to meet governance requirements. Compliance and reporting needs (e.g., transaction monitoring, audits, tax reporting) can require extra process and tooling beyond the exchange itself.

Plan & Pricing

Pricing model: Pay-as-you-go **Trading fees (maker/taker, volume-based tiers) — selected markets from Bitso official fees page:

  • Markets vs Digital Dollars (USDC / USD)
    • Maker: 0.300% | Taker: 0.360% for volume < $1,000
    • Maker: 0.239% | Taker: 0.333% for volume > $1,000
    • Maker: 0.205% | Taker: 0.282% for volume > $5,000
    • Maker: 0.171% | Taker: 0.243% for volume > $10,000
    • Maker: 0.137% | Taker: 0.205% for volume > $50,000
    • (tiers continue up to Maker 0.040% / Taker 0.050% for > $30,000,000)
  • Markets vs Mexican Pesos (MXN)
    • Maker: 0.600% | Taker: 0.780% for volume < 20,000 MXN
    • Maker: 0.590% | Taker: 0.760% for > 20,000 MXN
    • (additional MXN tiers shown on the official page down to Maker 0.100% / Taker 0.130% for > 150,000,000 MXN)
  • Markets vs Bitcoin (BTC)
    • Maker: 0.075% | Taker: 0.098% for volume < 8 BTC
    • (tiers continue with decreasing fees as volume increases)

Deposit & fiat withdrawal fees (USD transfers) — official Help Center:

  • ACH (USD): $2.99 per transaction (deposit and withdrawal).
  • Wire (USD): $11.99 + 0.17% per transaction.

Crypto withdrawals:

  • Bitso charges flat withdrawal fees per cryptocurrency (values published on Bitso’s API/docs and Fees page). Example withdrawal-fee values (as shown in Bitso API/docs): BTC, ADA, AAVE, ALGO etc. (withdrawal fees are listed per currency in the official fees endpoint).

Other fees & notes:

  • Mining / network (gas) fees are charged for crypto withdrawals; Bitso groups certain withdrawals to reduce mining fees and charges a flat withdrawal fee per currency (details and per-token amounts are published on the official fees/fees API).
  • Bitso Onchain (swap/DEX routing) charges a 0.5% platform fee on token swaps and may sponsor gas on some networks (Onchain page).

Example costs:

  • Small retail trade (USD market): Taker fee 0.360% of trade value (for < $1,000 30‑day volume).
  • USD ACH deposit: $2.99 per deposit.
  • USD wire withdrawal: $11.99 + 0.17% of withdrawn amount.

**Discounts / reductions:

  • Fees decrease automatically with higher 30-day trading volume (maker/taker tiers).

Seller details

Bitso SAPI de CV
Mexico City, Mexico
2014
Private
https://bitso.com
https://x.com/bitso
https://www.linkedin.com/company/bitso/

Tools by Bitso SAPI de CV

Bitso

Popular categories

All categories