According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- TradingView
- Proprietary Mobile app
- 9 cryptocurrencies, 4 currencies, large trading volumes, simple and convenient mobile application, no investment or referral programs
Our Evaluation of Bitso
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Bitso is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.52 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bitso clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Bitso crypto exchange is focused strictly on trading and exchanging cryptocurrency. Bitso does not provide additional opportunities for active and passive earnings. The trading terminal and application are as simple and convenient as possible. You can use almost any channels for depositing and withdrawing funds (including bank accounts and plastic cards). The exchange allows trading in pairs involving four fiats. The commissions are average for the market and they decrease as the trading volume increases.
Brief Look at Bitso
The Bitso exchange is a platform for exchanging, buying, and selling cryptocurrencies. Bitcoin, Ethereum, TrueUSD, Ripple, DAI, Litecoin, Decentraland, BitcoinCash, and BAT are traded on this exchange. There are crypto-to-crypto and crypto-to-fiat pairs. Fiat funds are represented by the US dollar, Mexican peso, Argentine peso, and Brazilian real. The minimum deposit is $100. The crypto exchange has a standard TradingView web terminal and a mobile application. The site is localized in three languages - English, Spanish, and Portuguese. Among the features are a high level of protection of users’ data, an intuitive trading terminal, no referral or investment programs, and a flexible system of commissions, which depends on the selected market.
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US :
- crypto-crypto and crypto-fiat trading without restrictions;
- 9 cryptocurrencies and 4 world currencies;
- there is a web terminal and an application for mobile trading;
- the most simplified system for exchanging and trading cryptocurrencies;
- a multi-wallet can be used to store cryptocurrencies;
- emphasis on ensuring the security of users’ funds and data;
- Help Center with many structured sections.
- significant minimum deposit ($100);
- no demo account or training courses;
- no referral or investment programs.
TU Expert Advice
Author, Financial Expert at Traders Union
Bitso is a cryptocurrency exchange providing trading services with 9 cryptocurrencies and 4 fiat currencies. The platform includes a TradingView-based web platform and a mobile application, offering flexibility for both crypto-to-crypto and crypto-to-fiat trades. It supports significant trading volumes and employs a multi-wallet system for storing funds. The fee structure is volume-based, decreasing as trading activity increases. The Help Center is equipped with numerous sections to guide users in their trading activities.
However, Bitso requires a minimum deposit of $100, which may not be suitable for those who prioritize lower entry costs. The absence of demo accounts or educational resources may limit its appeal to beginnes. In conclusion, Bitso's offerings may be more aligned with traders who have experience in cryptocurrency markets and are looking for a straightforward trading environment.
Bitso Summary
| 💻 Trading platform: | TradingView, proprietary mobile application |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, currencies |
| 💵 Deposit / Withdrawal: | Bank transfers, cryptocurrency wallets, Ripple gateway, SPEI |
| 🚀 Minimum deposit: | 100 USD |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | from 0 |
| 💱 Commission: | Spot: 0,15%-0,19% |
| 🔧 Instruments: | 57 supported coins, Fiat, NFT. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | N/A |
| ⭐ Trading features: | 9 cryptocurrencies, 4 currencies, large trading volumes, simple and convenient mobile application, no investment or referral programs |
| 🎁 Contests and bonuses: | No |
The Bitso exchange has a fairly high entry threshold; – the minimum deposit is $100. The deposit can be made in any fiat currency in the amount relevant to or exceeding US$100. You also have the opportunity to make a deposit in cryptocurrencies traded on this crypto exchange. They give you leverage for margin trading. The size of the leverage depends on the specific market and asset. Technical support is provided using a ticket system in the “Help Center” section. This exchange also has accounts on social networks, otherwise, you cannot contact their specialists. The table below summarizes the main Bitso trading conditions.
Bitso Key Parameters Evaluation
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Regulation and safety
With a 7.25/10 score, Bitso demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- No successful hacks history
- Investor protection fund
- Cold wallet storage
- Government-regulated
- 2FA
- No facial recognition
- Not U.S regulated
- Not tier-1 regulated
Bitso Security Factors
We also compared Bitso against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Bitso | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | Yes | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Bitso a regulated crypto exchange?
Bitso is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Bitso is authorized or licensed in accordance with local regulations in the following regions: Gibraltar.
Is verification (KYC) mandatory at Bitso?
Yes, KYC verification is mandatory at Bitso. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Bitso available?
Bitso complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, Pakistan, Philippines, Israel, Latvia, Singapore, Kenya, UAE, Iran, Islamic republic, China, Venezuela, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Bitso support.
Is Bitso available in the USA?
Yes, Bitso is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Bitso commissions and fees
Bitso received a 5.95/10 score for its trading fees. While Bitso is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Bitso trading fees?
We analyzed Bitso’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Bitso trading fees vs competitors
| Bitso | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,15 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,19 | 0,22 | 0 | 0.194 |
What are Bitso deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,000654 BTC 0,0004267 ETH 3,55 USDT |
Does Bitso offer P2P trading?
Yes, Bitso offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.Bitso P2P Fees
Deposit and withdrawal
Bitso received a 7.5/10 rating for its deposit and withdrawal services. While Bitso covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- P2P for flexible transfers
- Many cryptocurrencies for deposits and withdrawals
- Bank cards accepted for instant deposits
- PayPal payments
- No Google Pay option
- Withdrawal fee applies
Deposit and withdrawal options
Bitso supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, PayPal.
Bitso Deposit and withdrawal options vs competitors
| Bitso | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | Yes | No | Yes |
What is Bitso minimum deposit?
The minimum deposit at Bitso is 100 USD/USDT or 0,001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Bitso minimum deposit vs competitors
| Bitso | OKX | Kraken | |
| Minimum deposit, USD or USDT | 100 | 10 | 10 |
| Minimum deposit, BTC | 0,001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does Bitso support fiat money?
Bitso supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Bitso received a score of 5.5/10 in this category, reflecting a solid selection of tradable assets and markets. Bitso supports 57 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- NFTs available
- Fiat currencies supported
- Staking available
- Crypto futures not available
- Only 57 supported coins
Bitso supported coins and markets vs competitors
We compared Bitso with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Bitso | OKX | Kraken | |
| Supported coins | 57 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | Yes | Yes | Yes |
Bitso passive income options vs competitors
We also compared Bitso with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Bitso received a score of 8.5/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.
- Advanced charting with TradingView support
- Positive user feedback on the iOS app
- App data protection with 2FA
- Advanced tools and automation with API
- No trading bots for traders
- No standalone desktop access
- Advanced orders not available
Trading apps
Bitso provides web and mobile apps for both Android and iOS users, with an average rating of 4,6 on the App Store and 4,5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Bitso platform is for mobile use.
| Bitso | |
| 2FA | Yes |
| Face ID | No |
| Mob Indicators | Yes |
| Alerts | Yes |
| Advanced Orders | Yes |
| Trading with bots | No |
| API | Yes |
| Extra trading platforms | No |
Does Bitso offer a desktop app?
No, Bitso does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Bitso offer advanced charting with TradingView integration?
Yes, Bitso offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
| Foundation date | 2014 |
|---|---|
| Registration address | 400 601B, Col. Polanco Reforma, México DF, México |
| Official site | https://bitso.com/ |
| Contacts |
+525541646888
|
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