• US Clients

Full Review

Bitso is a great cryptocurrency exchange from Mexico, based in Mexico City since 2014. Bitso was the first crypto exchange to allow users of the Mexican Peso to buy Bitcoin directly. National currencies like the Peso are called “fiat money”. These include the US Dollar, the Korean Won, and so many more.

It’s a very important step for a country to be serviced by an exchange which accepts their national fiat currency. There are many American and Western-focused exchanges which accept the Dollar and the Euro, but these were very inconvenient for Mexican people to use. Bitso changed all this.

In so doing, it made it possible for 127 million people (Mexico’s national population) to buy cryptocurrencies. That number is more than 3x the size of Canada’s population, , and nearly half of the citizens in the United States. Expanding into new markets like this is key to Bitcoin adoption worldwide.

Bitso definitely is an important service, but we’re happy to say that the usability and appearance of the site is also of a high quality. There is even a Bitso App for Android and iOS.

Unfortunately, Bitso’s accepting only Pesos means that the site will be of little use to people outside of Mexico. The platform does facilitate trades with Bitcoin, but these represent only a tiny fraction of the site’s overall volume. For users in Europe who wish to get access to Bitcoin profits, eToro would be a good choice. We’ll give you more information about Bitso, fill you in on how eToro is different, then let you make your own choice. You may find that they both fulfill different purposes for you!

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Min. Deposit
$50
Exclusive promotion
Our score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
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Payment Methods:
Wire Transfer, Bank Transfer
Full Regulations:
CySEC, FCA
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.
2
Min. Deposit
$20
Exclusive promotion
Our score
9.3
Margin Trading
Legal compliance
Cryptocurrency staking
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Payment Methods:
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies, Skrill
Full Regulations:
3
Min. Deposit
$1
Exclusive promotion
Our score
8.7
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
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Payment Methods:
Cryptocurrencies
Full Regulations:
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