Bitso Review
Latin America's most popular crypto exchange, now in Brazil
4.0/5
Overall Rating
0.1%
Starting Fee
50+
Cryptocurrencies
8M+
LatAm Users
What is Bitso?
Bitso is the largest cryptocurrency exchange in Latin America, originally founded in Mexico in 2014. The platform has expanded to Brazil, Argentina, and Colombia, serving over 8 million users across the region. Bitso is backed by major investors including QED Investors and Kaszek.
For Brazilian users, Bitso provides a clean, mobile-first experience with BRL support via PIX. The exchange focuses on making crypto accessible with a simplified interface, educational content, and a recurring purchase feature that makes dollar-cost averaging easy.
Bitso also processes a significant portion of cross-border remittances between Mexico and the US using crypto rails, demonstrating real-world utility beyond just trading.
Bitso Fees in Brazil
| Fee Type | Amount |
|---|---|
| PIX Deposit | Free |
| Spot Trading (Maker) | 0.1% - 0.5% |
| Spot Trading (Taker) | 0.1% - 0.6% |
| BRL Withdrawal (PIX) | Free |
Bitso uses a volume-based fee structure. High-volume traders can achieve fees as low as 0.1%. Most retail users pay around 0.5% per trade.
Pros and Cons
Pros
- LatAm's largest exchange (8M+ users)
- Excellent mobile app
- Recurring purchase feature (DCA)
- Free PIX deposits and withdrawals
Cons
- ~50 cryptos (less than competitors)
- Higher fees for low-volume traders
- Originally Mexican, newer to Brazil
- No advanced trading features
Our Verdict
Bitso is an excellent choice for Brazilian users who want a Latin American-focused exchange with a great mobile experience. The recurring purchase feature makes it ideal for Bitcoin savers using a dollar-cost averaging strategy. While it has fewer coins than Binance, its clean interface and free PIX withdrawals are strong advantages. Best for mobile-first users who plan to buy and hold Bitcoin regularly.