Bitso Trading Fee Calculator
Calculate Your Bitso Trading Fees
Estimate your trading costs on Bitso based on your trade volume, currency, and market type. Note: Fees vary slightly for local currencies.
Trade Summary
Note: Bitso fees range from 0.04% to 0.30% depending on trade type and volume. Deposit via bank transfer is free, and crypto withdrawals have network fees.
When you live in Mexico, Brazil, or Argentina and want to buy Bitcoin without jumping through hoops, Bitso is one of the first names that comes up. Founded in 2014, it’s not just another crypto exchange - it’s the most trusted platform in Latin America, with over 7 million users and deep roots in local banking systems. But does it live up to the hype? Let’s break down what Bitso actually offers, what it’s missing, and who it’s really for.
What Bitso Actually Does
Bitso isn’t trying to be Binance or Coinbase. It doesn’t offer futures, leveraged trading, or NFT marketplaces. Instead, it focuses on one thing: making crypto accessible to everyday people in Latin America. That means supporting local currencies like Mexican Pesos, Brazilian Reais, and Colombian Pesos - not just USD or EUR. You can deposit via bank transfer, PayPal, or even OXXO convenience stores in Mexico. Withdrawals hit your bank account in hours, not days.
The platform supports over 50 cryptocurrencies, including Bitcoin, Ethereum, Solana, and stablecoins like USDC. For users worried about inflation, Bitso makes it easy to buy and hold USDC, which often acts as a better store of value than local currencies in countries like Argentina or Venezuela.
Trading Fees and Costs
Bitso’s fee structure is straightforward but not the cheapest. For USD markets, makers pay between 0.04% and 0.25%, while takers pay 0.05% to 0.30%. That’s higher than Binance or Kraken, but it’s competitive for a regional exchange with local banking integrations. If you’re trading in Mexican Pesos, fees vary slightly, but they’re still in the same range.
There’s no fee to deposit via bank transfer, which is a big plus. Withdrawals to your bank are free for most currencies, but crypto withdrawals have small network fees - standard across all exchanges. The minimum deposit? Some sources say $10, others say $100. The truth? It depends on your account type and region. Most users report being able to start with $10, but business accounts and certain payment methods require more.
Security: No Guesswork Here
Bitso takes security seriously. Every account has two-factor authentication (2FA) built in, and the platform uses cold storage for 95% of its assets. It’s one of the few Latin American exchanges that publishes regular Proof of Reserve reports - meaning you can verify that your Bitcoin is actually backed by real coins on the blockchain.
On top of that, Bitso partners with Coincover, a crypto insurance provider, to cover losses from hacks or theft. That’s rare for exchanges outside the U.S. or Europe. If you’ve ever lost sleep wondering if your exchange could vanish overnight, Bitso’s transparency and insurance give real peace of mind.
The Apps: Simple and Powerful
Bitso doesn’t have one app - it has two. That’s intentional.
- Bitso App: For buying, selling, and holding crypto. Clean, simple, and perfect if you’re just getting started. You can check prices, set up recurring buys, and send crypto to friends in seconds.
- Bitso Alpha: For active traders. This version integrates TradingView with advanced charts, limit orders, stop-losses, and even trailing stops. It’s not as complex as TradingView on desktop, but it’s the most powerful mobile trading tool available in Latin America.
Both apps are rated 4.7+ on Google Play and Apple App Store. Users consistently mention speed, reliability, and how easy it is to move money in and out. One Mexican user wrote: “I used to wait three days to get my pesos back from other platforms. With Bitso, it’s done by lunchtime.”
What’s Missing
Bitso isn’t perfect. If you’re looking for education, you won’t find it. There are no tutorials, no webinars, no beginner guides. If you don’t know what a limit order is, you’re on your own.
There’s no demo account. No paper trading. No investment programs like staking or savings accounts (except for Bitso Earnings, which is limited to select assets). Advanced traders might miss futures, margin trading, or options - all of which are absent.
And then there’s the Bitso Card. This debit card lets you spend your crypto like cash in Mexico. It’s a standout feature - but only for Mexican residents. If you’re in Colombia or Chile, you can’t get it. That’s a major limitation for users outside Mexico.
Who Is Bitso For?
Bitso isn’t for everyone. If you’re a beginner looking for hand-holding, look elsewhere. If you’re a day trader chasing 100x leverage, keep searching.
But if you’re:
- Living in Mexico, Brazil, Argentina, or Colombia
- Wanting to buy crypto with your local bank account
- Need fast withdrawals and reliable service
- Value transparency and security over flashy features
Then Bitso is one of the best options you have.
It’s not the cheapest. It’s not the most feature-rich. But it’s the most reliable in its region. For Latin American users, that’s worth more than low fees or complex trading tools.
Business Accounts and Compliance
Bitso isn’t just for individuals. Over 100,000 businesses use it to accept crypto payments. If you run a small shop, freelance service, or online store, you can set up a business account to receive Bitcoin or USDC and convert it to pesos automatically.
Verification for business accounts requires more paperwork: company registration, proof of address, and sometimes financial statements. It’s not instant, but it’s clear. Bitso doesn’t hide behind vague requirements - you know exactly what you need to submit.
It’s also regulated. Bitso complies with the Gibraltar Financial Services Commission’s DLT framework, one of the strictest crypto licensing systems in the world. That’s why it’s allowed to operate in the U.S. and other jurisdictions - a rare feat for a Latin American exchange.
Final Verdict
Bitso doesn’t try to be everything to everyone. It doesn’t need to. In Latin America, where banking systems are slow, inflation is high, and trust in global exchanges is shaky, Bitso fills a real gap. It’s not flashy, but it’s solid. It’s not the cheapest, but it’s the most dependable.
For users in Mexico and neighboring countries, Bitso is the closest thing to a crypto bank - secure, local, and built for real life. If you’re ready to move beyond just buying Bitcoin and want to use crypto in your daily finances, Bitso is the platform to start with.
Is Bitso safe to use?
Yes, Bitso is one of the safest crypto exchanges in Latin America. It uses two-factor authentication, stores 95% of assets in cold storage, publishes Proof of Reserve reports, and is insured by Coincover. It’s also regulated under Gibraltar’s DLT framework, making it compliant with international standards.
Can I use Bitso outside Mexico?
Yes, Bitso operates in 33 countries, including the U.S., Brazil, Colombia, and Argentina. You can trade cryptocurrencies and deposit via bank transfer in most of these regions. However, some features like the Bitso Card debit card are only available to Mexican residents.
What are Bitso’s trading fees?
Trading fees range from 0.04% to 0.25% for makers and 0.05% to 0.30% for takers in USD markets. Fees are slightly higher for trades in local currencies like MXN or BRL, but still competitive for a regional exchange. Bank deposits are free, and crypto withdrawals carry standard network fees.
Does Bitso offer staking or savings accounts?
Bitso offers a limited staking feature called Bitso Earnings, available for select cryptocurrencies like USDC and ETH. It’s not as robust as platforms like Coinbase or Binance, but it’s a way to earn passive income without leaving the app. There’s no traditional savings account with fixed APYs.
Is there a demo account on Bitso?
No, Bitso does not offer a demo or paper trading account. All trading is done with real funds. Beginners should start with small amounts and use the simplified Bitso App before switching to Bitso Alpha for advanced features.
How do I get started with Bitso?
Download the Bitso App or Bitso Alpha from the App Store or Google Play. Sign up with your email and phone number, complete identity verification (which takes minutes to hours depending on your country), and deposit funds via bank transfer or PayPal. Once verified, you can start buying crypto immediately.