Bitso | Business24-7

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Written by Braden Chase Edited by Giles Thomas Fact Checked by Tomislav Turcin

7 March 2023

4 March 2023

Page Summary

Bitso is a centralized crypto exchange with its headquarters in Mexico. It is a beginner-friendly exchange available in different countries around the world. Bitso offers excellent security and powerful APIs. It is a good fit for traders at all levels.

Review Summary

Bitso is a popular crypto exchange because of its comprehensive Help Center.
Our Bitso review shows it offers a limited selection of digital coins, supporting fiat currency trading.
This exchange lets users buy and sell Bitcoin with ease.

Bitso Overview

The Bitso exchange is centralized and offers impressive security. It is a top choice for trading Bitcoin and Ethereum with support for fiat currencies. Bitso offers crypto payment services from Mexican businesses in Mexican Pesos.

Trading Experience

Bitso has a simple interface for its web trading platform and mobile app. It offers many trading tools, including limit orders. Bitso provides useful information about market data and prices. The Bitso mobile app is intuitive and available on Android and iOS.

Cryptocurrencies Available 

Bitso lists many cryptocurrencies. Some of the most popular include:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Litecoin
Basic Attention Token
Golem
True
DAI

Fees 

Bitso fees are transparent. All trades that meet the minimum trading volume have a standard 1% fee. Bitso offers incentives to all account holders depending on their trading volume. This discount varies between Bitcoin and Ethereum. Bitso lists all applicable fees on its website.

Regulation & Reputation 

Bitso follows the AML legislation and KYC protocols. It requests identity verification for all accounts. Bitso provides three levels of verification with different benefits and incentives. This crypto exchange encourages its users to use all safety measures available. Our Bitso review shows it is a reliable exchange for crypto trading.

Account Opening 

A Bitso account is easy to set up. The steps you have to follow are:

Access the Bitso app and click on Create Bitso Account
Submit personal information
Configure your account
Verify Your Email address
Verify your identity
Start trading with Bitso

Customer Support 

Customer support contributes to an excellent online trading experience. Bitso offers a valuable help center, support tickets, and live chat. The response time is average for all requests.

Summary 

Bitso is a trustworthy crypto exchange with an excellent help center. It offers a low fee structure, and it supports fiat currencies. We recommend the Bitso exchange to traders at all levels.

FAQ

What Is A Centralized Cryptocurrency Exchange?

A centralized crypto exchange is a company that offers access to cryptocurrency trading platforms. It lets users invest in digital assets. These exchanges request registration, known as the Know Your Client rule.

What Is A Decentralized Cryptocurrency Exchange?

A decentralized exchange is a provider with no central point of control. It functions as a server, but each computer within the network operates in different countries. If one device malfunctions, it doesn’t interfere with the network’s activity. Decentralized exchanges don’t follow the rules of a regulatory body. If you choose a decentralized exchange, you should understand the risks. Our in-depth reviews offer more information on exchanges and safety.

Does Bitso Offer A Wallet?

Yes. The Bitso Wallet supports Bitcoin, Bitcoin Cash, Ethereum, and Ripple. It is an excellent tool to manage deposits and withdrawals. Crypto enthusiasts use different exchanges and digital wallets. Check our in-depth reviews to learn more about cryptocurrencies and digital wallets.

Which Are The Deposit Options Available At Bitso?

Bitso offers bank transfers and credit card deposits.

Is Bitso Available In The US?

Yes. Bitso accepts traders from the US. Keep in mind that it is best to choose a trustworthy exchange for your needs and expectations. Read our in-depth reviews to discover the best exchange in your area.

Disclaimer

Braden Chase

Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

Bitso Review