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
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- TradingView
- The most popular cryptocurrencies, four South American fiats, high speeds for transactions, large trading volumes, no investment, profitable referral program, the indirect contribution of traders to environmental protection
Our Evaluation of Buda
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
Buda is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.14 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Buda 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.
The Buda exchange offers a full range of solutions for comfortable trading with popular cryptocurrencies and tokens. It is a stable platform with high trading commissions, which can be decreased significantly due to increasing trading volume (up to 0.2% for market orders and 0.1% for limit orders). There are no commissions for cryptocurrencies depositing; commissions for withdrawing are the market average (₿0.0001 and equivalent for other assets). The website is equally convenient for novice traders and experienced traders, but it is not suitable for investors, since staking and similar solutions are not implemented here. At the same time, the exchange has a referral program for active traders, which allows you to get stable passive income.
Brief Look at Buda
The Buda cryptocurrency exchange is among the largest exchanges in South America and works with traders worldwide. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Bitcoin Cash, and USDC are traded here. There are four fiats represented and they are the Chilean, Colombian, and Argentine pesos, as well as the Peruvian sol. There are several major options for depositing and withdrawing funds, including direct transfers from bank accounts. The website has no solutions for investors. However, active traders can use the referral program and earn 20% of the amount of invited users’ trading fees. The platform operates stably and is characterized by a modern security system, large trading volumes, and high liquidity. Traders can trade using both the terminal in a browser (standard TradingView) and the website's proprietary mobile application.
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- the most popular cryptocurrencies and four South American fiat currencies are traded here;
- the exchange offers a convenient, intuitive trading terminal and its proprietary application for mobile trading;
- the profitable referral program allows you to earn 20% of the trading commissions of invited users;
- 90% of users' funds are stored using the cold method; the exchange has a modern security system;
- no restrictions on trading strategies, impressive limits, and integration of API solutions are possible.
- trading with leading world fiat currencies isn’t available;
- lack of offers for investors, demo accounts, and tutorials for novice traders.
TU Expert Advice
Author, Financial Expert at Traders Union
Buda offers a comprehensive trading platform for cryptocurrency enthusiasts, providing access to popular assets like Bitcoin, Ethereum, and Litecoin, alongside South American fiat currencies. Traders benefit from a user-friendly TradingView interface, as well as a proprietary mobile application for IOS and Android. Buda boasts a referral program, offers high transaction speeds, and implements robust security measures, including cold storage for 90% of user funds, making it a suitable choice for active traders seeking secure transactions.
However, Buda has limitations such as high initial trading fees, no access to major fiat currencies, and limited investment options, potentially deterring investors looking for diverse opportunities. The exchange lacks a demo account and Tier-1 regulatory oversight, fitting traders comfortable with higher risk levels and requiring basic trading tools. Overall, Buda may not suit investors, but active traders focusing on cryptocurrencies may find its offerings beneficial.
Buda Summary
| 💻 Trading platform: | TradingView, in browser |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | BTC, ETH, LTC, BCH, USDC, CLP, COP, PEN, and ARS |
| 💵 Deposit / Withdrawal: | Bank accounts, and electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | $1 or its equivalent in pesos or sols |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0,1%-0,3% |
| 🔧 Instruments: | 9 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | n/a |
| ⭐ Trading features: | The most popular cryptocurrencies, four South American fiats, high speeds for transactions, large trading volumes, no investment, profitable referral program, the indirect contribution of traders to environmental protection |
| 🎁 Contests and bonuses: | n/a |
Go through a simple registration procedure to start trading on the exchange. Next, verify the account (confirm the data) using the KYC system. Without verification, you won’t have access to its full functionality. Having successfully verified your identity, deposit any amount and start trading — the exchange doesn’t impose any restrictions, so you regulate your financial policy and trading strategy. Leverage is not provided, so you can only rely on your own funds. Technical support is available via email. You can also contact representatives of the exchange through its official accounts on social networks (find links in the footer of the site). Please study the trading terms in the table below.
Buda Key Parameters Evaluation
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Regulation and safety
With a 5.25/10 score, Buda 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.
- Cold wallet storage
- 2FA
- No successful hacks history
- Not U.S regulated
- Not government-regulated
Buda Security Factors
We also compared Buda against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Buda | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Buda a regulated crypto exchange?
Buda is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Buda is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Buda?
Yes, KYC verification is mandatory at Buda. 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 Buda available?
Buda complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, India, Spain, United Kingdom, Nigeria, Malaysia, South Africa, Australia, Canada, Pakistan, Philippines, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Singapore, Indonesia, Kenya, UAE, Iran, Islamic republic, Turkey, France, Bangladesh, Thailand, Italy, Egypt, Poland, Sri Lanka, Belgium, Norway, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Japan, Uganda, Ghana, Morocco, Finland, Bulgaria, Korea, Algeria, Azerbaijan, Estonia, Austria, China, Mexico, Denmark, Germany, Kazakhstan, Uzbekistan, Moldova, Kyrgyzstan, Venezuela, Lithuania, Ireland, Slovakia, Georgia, Tajikistan, Armenia, Hungary, 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 Buda support.
Is Buda available in the USA?
Yes, Buda 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.
Buda commissions and fees
Buda received a 6.45/10 score for its trading fees. While Buda 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 Buda trading fees?
We analyzed Buda’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.
Buda trading fees vs competitors
| Buda | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,1 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,3 | 0,22 | 0 | 0.194 |
What are Buda deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,00003 BTC 0,005 ETH |
Does Buda offer P2P trading?
No, Buda does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Buda received a 4/10 rating for its deposit and withdrawal services. Buda offers limited funding options and may charge fees, which could be inconvenient for many users.
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- Withdrawal fee applies
- No support for bank card payments
Deposit and withdrawal options
Buda supports the following deposit and withdrawal options: Bank transfers, Crypto.
Buda Deposit and withdrawal options vs competitors
What is Buda minimum deposit?
The minimum deposit at Buda is 1 USD/USDT or 0,00001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Buda minimum deposit vs competitors
| Buda | OKX | Kraken | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 0,00001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does Buda support fiat money?
Buda does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Buda received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Buda covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Copy trading not available
- Crypto futures not available
Buda supported coins and markets vs competitors
We compared Buda 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.
| Buda | OKX | Kraken | |
| Supported coins | 9 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Buda passive income options vs competitors
We also compared Buda 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
Buda received a score of 7.35/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- App data protection with 2FA
- Advanced charting with TradingView support
- Mobile indicators allowed
- Advanced tools and automation with API
- No access to Copy Trading
- No Face ID
- No standalone desktop access
Trading apps
Buda provides web and mobile apps for both Android and iOS users, with an average rating of 5 on the App Store and 3,7 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 Buda platform is for mobile use.
| Buda | |
| 2FA | Yes |
| Face ID | No |
| Mob Indicators | Yes |
| Alerts | No |
| Advanced Orders | Yes |
| Trading with bots | No |
| API | Yes |
| Extra trading platforms | No |
Does Buda offer a desktop app?
No, Buda 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 Buda offer advanced charting with TradingView integration?
Yes, Buda 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 | 2017 |
|---|---|
| Registration address | Santiago, Region Metropolitana, Chile |
| Official site | https://www.buda.com/ |
| Contacts |
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