Bitso is a cryptocurrency exchange and digital investment platform that lets you buy, sell, trade, store, and send over 100 cryptocurrencies. You can earn interest through the earn program, access advanced trading tools, manage assets in a multi-asset wallet, and even invest in 5,000+ U.S. stocks and ETFs from the same app.

The main drawbacks of using Bitso are higher trading fees, a limited number of cryptocurrencies, and full availability mainly for Latin American users.

In this Bitso review, we will cover how the Bitso exchange works, whether it is regulated, which countries can use it, what cryptocurrencies it supports, and how its fees work. We will also explain Bitso trading features, security measures, account setup, deposits, withdrawals, and whether the platform is safe and reliable.

Bitso Review: What is This Crypto Exchange Platform?

Bitso started in 2014 as a Bitcoin exchange serving Mexico, but over the years, it has grown into a multi‑asset platform offering more than just crypto trading. Basically, you can buy, sell, and store over a hundred different digital assets, move money across borders, and even invest in U.S. stocks and exchange‑traded funds (ETFs) all inside one app.

The platform works as both a centralized exchange and a digital wallet that you can use on your smartphone or computer. Today, Bitso serves about 9 million users and around 2,000 businesses across Latin America. The company was founded by Daniel Vogel (CEO), Ben Peters (CTO), and Pablo Gonzalez, and is headquartered in Mexico City, though its holding company, Badger Technology Company Limited, is registered in Gibraltar.

The Bitso exchange mainly focuses on three things: simplicity, speed, and safety for the average person. Generally, most people use the Bitso app to send money to friends or to buy their first bit of crypto without having to learn how to read complicated trading charts. Well, they also have a professional version called “Bitso Alpha” for people who want to do serious trading with lower costs.

Is Bitso a Mexican Company?

Yes. Bitso began as a Mexican startup, and most of its operations actually remain centered in Mexico. The company’s main office is located in Mexico City, and even its early success was built on offering Bitcoin trading against the Mexican peso (MXN).

While the company began as a local startup, today, it has grown into a global business with offices in several countries and employees from over 27 different nations. So, you should know that while it is “Mexican” at its heart, it operates under international laws and serves millions of people in Brazil and Argentina as well.

Actually, the headquarters are technically located in several places because of how the company is regulated for different services. So, for example, their crypto operations happen through a company in Gibraltar called “The Badger Technology Company Limited”.

Hence, even though they are the biggest exchange in Mexico, they are really a multinational firm now that manages over $80 billion in annual transaction volume. But yes, most people still call it a Mexican company because that is where their biggest user base lives and where they first got famous.

Which Countries Can Use Bitso?

You can use Bitso if you live in Mexico, Brazil, Argentina, or Colombia, as these are the main markets where the platform has full bank integration. This means you can send money from your local bank account directly to the app using systems like SPEI in Mexico, Pix in Brazil, or PSE in Colombia. It is really convenient because the transfers usually happen in just a few seconds and are usually free of charge for the user.

Again, residents of other countries, including many in Europe and Asia, may still be able to sign up and trade crypto assets, but fiat deposit and withdrawal options may not be available. Also, United States and Canadian citizens cannot use Bitso’s retail services due to regulatory restrictions, though some U.S. companies use Bitso Business for stablecoin payments. Hence, Bitso is actually designed for Latin American users.

Is Bitso Regulated?

Yes, Bitso is one of the most regulated exchanges you will find in the crypto space today because it chose to follow the rules from the very beginning. The platform holds a Distributed Ledger Technology (DLT) license from the Gibraltar Financial Services Commission (GFSC). Basically, this licence requires Bitso to segregate customer assets from its own company funds, maintain robust capital reserves, and even undergo routine security audits.

Bitso crypto exchange is also registered with financial authorities in Mexico, Brazil, Argentina, and Colombia to offer digital asset services under each country’s fintech or payment regulations. To be exact, in Mexico, they work with a company called Nvio Pagos. This is a financial entity authorized by the Mexican authorities. Plus, they also follow all the local laws in Brazil and Argentina regarding money laundering and tax reporting to the SAT and Receita Federal.

What Cryptocurrencies Does Bitso Support?

Bitso supports over 100 different cryptocurrencies. You can find all the big names like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) directly in the app. They also have a lot of stablecoins like USDC and USDT. The exchange is pretty careful about which coins they add, so obviously, you won’t find thousands of random “meme” coins that might crash to zero in one day.

The list includes popular assets like:

Bitcoin (BTC)
Ethereum (ETH)
Ripple (XRP)
Cardano (ADA)
Polygon (POL)
Shiba Inu (SHIB)
Dogecoin (DOGE)
Solana (SOL)

You can trade these against local fiat currencies like the Mexican peso, Brazilian real, Argentinian peso, and Colombian peso, or against U.S. dollar-denominated stablecoins.

Bitso Cryptocurrency Exchange Review: Pros and Cons

Pros of Bitso

Regulation and security: Bitso is actually licensed in Gibraltar and local jurisdictions. It maintains segregated accounts for customer funds and holds CCSS Level 2 and ISO 27001 certifications. Plus, it uses multisignature cold wallets, two‑factor authentication, biometric logins, and AI fraud detection, and it publishes proof‑of‑reserves audits. Hence, to date, Bitso has never reported a major hack.
Easy local integration: Well, residents of Mexico, Brazil, Argentina, and Colombia can fund accounts via domestic bank transfers (SPEI, PIX, COELSA, or local equivalents) at no cost. The app supports instant transfers of digital dollars across borders and even provides automatic FX conversion when sending money abroad.
Earn and stock investing: Bitso offers a yield program that pays weekly interest on selected stablecoins and tokens and allows fractional trading of about 5,000 U.S. stocks and ETFs through a partners...

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