Top Crypto Exchanges in South America: A Comparative Guide
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.
-
Coinbase - Highest level of security (multiple regulations, high data protection standards)
-
OKX - Best automated trading solutions (copy trading, easy bot integration)
-
Crypto.com - Best mobile app for crypto activities (Visa card support, trading and passive earning)
-
Kraken - Best for trading crypto-fiat pairs (supports 7 fiat currencies, simple trading platform)
-
Cryptohopper - Best for bot trading (highly customizable settings, support of major exchanges)
At Traders Union, we evaluate cryptocurrency exchanges in South America to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.
To recommend the top exchanges for South America, we analyzed 100+ platforms using 140 measurable data points, focusing on security, fees, regulation, usability, and advanced trading tools.
Our transparent Methodology ensures data-driven recommendations, helping both beginners and professionals choose the best crypto trading platforms in South America
Risk warning: Cryptocurrency markets are highly volatile, with sharp price swings and regulatory uncertainties. Research indicates that 75-90% of traders face losses. Only invest discretionary funds and consult an experienced financial advisor.
Comparison of leading crypto trading platforms in South America
We compared crypto exchanges based on key factors:
- Supported in most countries of South America
- Minimum deposit
- Range of supported cryptocurrencies
- Spot maker fee rates
This analysis highlights the top exchanges in South America, ensuring they meet the needs of both novice and experienced traders.
| Coinbase | |||
|---|---|---|---|
| Accepts residents of South America |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
| Minimum deposit, USD | 10 |
10
1
10
No
|
10
1
10
No
|
| Coins Supported | 249 | 329 250 278 1000 | 329 250 278 1000 |
| Spot maker fee | 0.5 |
0.08
0.25
0.25
No
|
0.08
0.25
0.25
No
|
| Study review | Study review | Study review Study review Study review Study review | Study review Study review Study review Study review |
We have thoroughly evaluated the strengths and weaknesses of the top cryptocurrency exchanges in South America, providing overall ratings based on our proprietary, data-driven methodology.
| TU Overall Score 8.6 /10 | |
|---|---|
|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.3
/10
|
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
5.1
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.5
/10
|
- you can trade a vast array of cryptocurrencies on the exchange;
- hassle-free registration and verification;
- all assets are in offline storage;
- the exchange ensures the security of users’ assets;
- available are a free e-wallet and a virtual card;
- complex solutions for individuals, businesses, and developers;
- powerful analytical base and unique training guides.
- there are no passive earning options;
- some of the information is available in English only.
| TU Overall Score 8.5 /10 | |
|---|---|
|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.2
/10
|
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
9.3
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
7.5
/10
|
- The availability of various investment programs.
- Proprietary educational academy with useful materials.
- Wide range of cryptocurrencies.
- The exchange is multilingual and available in 20 languages.
- A mobile app is available.
- The exchange uses cold and hot wallets with a high-security level.
- The company offers cryptocurrency listing services.
- Trading and depositing in fiat currencies are not available.
- Few ways to contact client support
- The company is unlicensed and unregulated.
| TU Overall Score 8.4 /10 | |
|---|---|
|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.4
/10
|
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
5.9
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.5
/10
|
- a large number of cryptocurrencies and tokens, the list of assets is constantly growing;
- all major options for depositing and withdrawing funds (bank cards and accounts, e-wallets, etc.);
- the crypto exchange provides traders with leverage: for margin trading, it’s 1:3; for derivatives, it’s 1:50;
- the function of cryptocurrency lending, securing a loan with one cryptocurrency at the expense of a deposit in another;
- the opportunity to earn extra money by participating in regular events at the Trading Arena;
- investment solution. The Supercharger allows you to flexibly invest free cryptocurrency funds;
- the ability to pay trading commissions with your own coin of the CRO platform with a partial refund;
- the crypto exchange provides a multicurrency wallet and a Visa Crypto.com plastic card with an 8% cashback.
- no fiat trading;
- the support service does not have a call center;
- there are no full-fledged training programs.
| TU Overall Score 8.3 /10 | |
|---|---|
|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.6
/10
|
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
6.2
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- convenient, intuitive terminal with one-click trading;
- all major cryptocurrencies, as well as seven fiats;
- margin trading, as well as futures and indices trading ;
- large leverage (x5 for margin, x50 for futures trading);
- an extensive database of information and training materials;
- large trading volumes on the exchange provide high liquidity;
- some of the lowest fees in the cryptocurrency market.
- no investment programs;
- no call center.
| TU Overall Score 7.9 /10 | |
|---|---|
|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
4.9
/10
|
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
7.7
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
0
/10
|
- cryptocurrencies can be traded on any of the partner exchanges from Cryptohopper’s terminal;
- no fees or fixed payments for using the service;
- profitable partnership and investment program;
- service for copying transactions and auto-trading bots;
- a vast selection of instruments;
- synchronization of accounts on diverse exchanges;
- large trading volumes.
- free mode is extremely limited in functionality.
Why trust us
15+ years of independent market analysis
140+ evaluation criteria, reviewed by 50+ experts
Data-driven reviews of 200+ platforms, updated regularly
20+ industry awards & a wide network of global media partners
Learn more about our methodology and editorial policies.
What are the cheapest crypto exchanges in South America
To determine the cheapest cryptocurrency exchanges in South America, we analyzed trading fees of the leading platforms in the region. Specifically, we evaluated maker and taker fees for both spot and futures trading and compared these values against market averages based on an analysis of over 100 exchanges.
Additionally, we reviewed deposit and withdrawal fees to provide a comprehensive assessment of the most cost-effective options for cryptocurrency trading in South America.
-
Trading fees:
We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in South America offer significant discounts for traders as their trading volume increases.
Coinbase Market average Based on comparing fees across more than 200 cryptocurrency exchanges. Spot maker fee, % 0.5 0.08 0.25 0.25 No0.194 Spot taker fee, % 0.5 0.1 0.5 0.4 No0.157 Futures maker fee, % 0.04 0.02 No0.02No0.024 Futures taker fee, % 0.02 0.05 0.05 0.05 No0.053 -
Deposit and withdrawal fees and payment options
We also compared crypto exchanges deposit and withdrawal fees, as well as the payment methods available in South America.
Coinbase Deposit fee NoNoNoNoNoNoNoNoNoWithdrawal fee Fixed fee - 25 USD
PayPal - 1.5%
USDC - 10 USD0.0004 BTC
2.6 USDT 0.0005 BTC 0.0005 BTCNo0.0004 BTC
2.6 USDT 0.0005 BTC 0.0005 BTCNoBank Wire YesNoYesYesNoNoYesYesNoBank cards YesYesYesYesNoYesYesYesNoPayment services YesYesYesYesYesYesYesYesYesP2P YesYesYesNoNoYesYesNoNo
What are the safest exchanges in South America
The safety of exchanges in South America was assessed based on Tier-1 regulation Tier-1 regulation refers to the highest level of financial oversight provided by globally recognized regulatory authorities, ensuring strict compliance with security, transparency, and user protection standards. , security measures (e.g., 2FA, cold wallets), and the absence of successful hacking incidents. Exchanges with Tier-1 regulation are the most reliable, as they comply with strict international standards.
| Coinbase | |||
|---|---|---|---|
| Tier-1 regulation |
Yes
|
No
Yes
Yes
No
|
No
Yes
Yes
No
|
| Government-regulated |
Yes
|
Yes
Yes
Yes
No
|
Yes
Yes
Yes
No
|
| 2FA |
Yes
|
Yes
Yes
Yes
No
|
Yes
Yes
Yes
No
|
| Cold wallet storage |
Yes
|
Yes
Yes
Yes
No
|
Yes
Yes
Yes
No
|
| Investor protection fund |
Yes
|
Yes
Yes
No
No
|
Yes
Yes
No
No
|
Is crypto market regulated and taxable in South America
Crypto regulation in South America
In South America, cryptocurrency regulations vary widely. Brazil legalized crypto as a payment method in 2022, requiring exchanges to register with the Central Bank of Brazil. AML/KYC compliance is mandatory, but cryptocurrencies are not recognized as legal tender. Argentina treats crypto as property but bans financial institutions from facilitating crypto-related transactions. In Colombia, the Superintendencia Financiera prohibits banks from handling cryptocurrencies, although trading is allowed. Bolivia initially banned crypto in 2014, but restrictions have eased, and its legal framework remains unclear. Ecuador prohibits crypto as a payment method but allows possession and trading. Venezuela legalized crypto assets and introduced the state-backed “petro,” though its use is limited and heavily regulated. Restrictions often include bans on foreign exchanges, mandatory registration, and strict AML compliance. Deposit insurance for crypto is absent across the region, leaving investors unprotected.Taxation of cryptocurrencies in South America
Taxation policies are evolving. Brazil applies capital gains tax to crypto transactions exceeding BRL 35,000, with progressive rates up to 22.5%. Argentina taxes crypto profits as part of income, with rates ranging from 5% to 35%. Chile considers cryptocurrencies as assets, subjecting gains to capital gains tax, while Colombia taxes crypto profits under income tax laws. In Venezuela, crypto transactions are taxed at rates between 2% and 20%, depending on the payer’s status. Ecuador and Bolivia do not have specific crypto tax policies but apply general income tax rules. Lack of harmonized regulations and vague definitions create compliance challenges, but reporting requirements are increasing as governments seek to close regulatory gaps.The information on cryptocurrency taxation in South America is provided for informational purposes only. Be sure to consult a professional for accurate guidance.
Crypto exchanges in South America offering sign-up bonuses
We’ve analyzed and compared the registration bonuses offered by international platforms available in South America. Discover the key benefits and conditions of these bonuses to find the exchange that suits your needs best.| Coinbase | OKX | Bybit | |
|---|---|---|---|
| Bonus/promotion name | Spin the Wheel | OKX Welcome Bonus | $5,000 in Welcome Rewards |
| Bonus Size ($, %) | $3 - $200 | Up to $50 in crypto | Up to 5,000 USDT |
| Expiration date | Unlimited | Unlimited | Unlimited |
| Referral code or referral link to the bonus page | Claim your bonus | Claim your bonus | Claim your bonus |
What are the best crypto exchanges for beginners in South America?
The best crypto exchanges for beginners in South America offer:
| Coinbase | OKX | Crypto.com | |
|---|---|---|---|
| Education | 7.7 | 7.1 | 8 |
| P2P account |
Yes
|
Yes
|
Yes
|
| Demo account |
No
|
Yes
|
No
|
| Staking |
Yes
|
Yes
|
Yes
|
| Copy trading |
No
|
Yes
|
No
|
| Beginner friendly app |
Yes
|
Yes
|
Yes
|
How choose the best crypto exchange in South America?
When choosing a crypto exchange in South America, consider these essential factors:
-
Supported Cryptocurrencies
Ensure the exchange supports a wide range of coins, including altcoins and stablecoins, especially if you plan to diversify beyond Bitcoin. A broader selection offers greater flexibility for both trading and investment.
-
Local Payment Options
Opt for platforms that support local payment methods in South America, such as bank transfers, mobile money, or local e-wallets. This simplifies deposits and withdrawals while reducing currency conversion fees.
-
Transparent Fees
Compare trading fees, withdrawal charges, and any hidden costs. Lower fees mean higher profits, so look for exchanges with competitive pricing structures that clearly display all costs upfront.
-
Robust Security
Prioritize exchanges with strong security measures, including two-factor authentication (South America), cold storage for funds, and regular audits. Review the platform's history to ensure no major hacking incidents.
-
Educational Resources
For beginners, exchanges with demo accounts, tutorials, and a strong educational section can help you learn trading strategies and reduce risks.
-
Customer Support
Reliable customer service is essential, especially for troubleshooting technical or account issues. Choose platforms with 24/7 support and multiple contact methods.
Expert advice for traders in South America
Over my years of trading, I've found that diversification is key. Choosing an exchange with a wide selection of cryptocurrencies, stablecoins, and tokenized assets allows traders to capitalize on market movements. Some platforms support DeFi assets, tokenized stocks, and NFT marketplaces, expanding investment choices. Access to multiple assets enables better hedging strategies, helping traders manage risk more effectively.
Related Articles
Editors' Top Picks and Insights
AI without limits: How dangerous are neural networks?
Worldcoin on Wall Street: From iris scans to ETF
Mark Cuban's wealth philosophy: Why stocks matter more than salary or crypto
Dangerous but indispensable: Why the crypto market needs bridges
Markus Levin: DePIN could power the AI agent economy
Pokémon cards for $2,500: How collectibles became a new form of gambling
Team that worked on the article
Anastasiia has 17 years of experience in finance and content marketing. She believes that the support of information and expert opinion is very important for the success of investors and new traders.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.