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Bitso

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Last updated on

Company health

Employee growth
14% increase in the last year
Web traffic
27% decrease in the last quarter
Financing
November 2020 - $315M

Ratings

G2
4.4/5
(14)
Glassdoor
4.2/5
(195)

Bitso description

Bitso is a cryptocurrency platform serving Latin America and Mexico. Users can buy, sell, and trade cryptocurrencies like Bitcoin and Ethereum. Bitso provides a digital wallet to store and manage cryptocurrencies and facilitates instant transfers using phone numbers or email addresses. Bitso prioritizes security, regulatory compliance, and transparency, aiming to make cryptocurrency accessible and trustworthy.


Who is Bitso best for

Bitso is a cryptocurrency platform tailored for Latin American individuals and businesses. Users praise its speed, ease of use, especially for transfers, and support for 50+ cryptocurrencies. However, some users have reported high transaction fees. Bitso is ideal for those seeking a user-friendly platform with diverse cryptocurrency options.

  • Ideal for small to medium-sized businesses (1-1000 employees).

  • Well-suited for the finance, banking, insurance, and software/IT sectors.


Bitso features

Supported

Bitso allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin and Ethereum.

Supported

Bitso provides a secure digital wallet for storing and managing cryptocurrencies.

Supported

Bitso enables instant transfers of cryptocurrencies using contact information like phone numbers or email addresses.

Supported

Bitso offers tools to track the performance of cryptocurrency assets in a user's portfolio.

Supported

Bitso allows users to set automated trades, buying or selling cryptocurrencies at predetermined price targets.

Supported

Bitso allows users to schedule recurring purchases of cryptocurrencies on a daily, weekly, or monthly basis.

Supported

Bitso users can earn interest on USDC and USDT deposits held in their Bitso wallets.


Bitso pricing

The commentary is based on 7 reviews from Bitso G2 reviews and Bitso TrustPilot reviews.

User reviews indicate Bitso's fees are a significant concern. Many find them excessively high, especially for transfers and smaller transactions. While some appreciate the platform's ease of use in certain regions, the high cost is a recurring complaint.

Users sentiment

Strongly negative
-1

See the Bitso pricing page.

  • Bitso has a free plan.


Bitso alternatives

  • Logo of Kucoin
    Kucoin
    Trade crypto securely with many options and low fees.
    Read more
  • Logo of Binance
    Binance
    Buy, sell, and trade cryptocurrencies. Secure, low fees, diverse offerings.
    Read more
  • Logo of Coinbase Exchange
    Coinbase Exchange
    Securely buy, sell, and trade crypto at professional volumes.
    Read more
  • Logo of Luno
    Luno
    Buy, sell, and learn about crypto securely and simply.
    Read more
  • Logo of OKX
    OKX
    Trade, earn, and hold 350+ cryptocurrencies globally.
    Read more
  • Logo of Shakepay
    Shakepay
    Buy, sell, and earn bitcoin in Canada, simply and securely.
    Read more

Bitso FAQ

  • What is Bitso and what does Bitso do?

    Bitso is a Latin American cryptocurrency platform enabling users to buy, sell, and trade cryptocurrencies like Bitcoin and Ethereum. It offers a secure digital wallet, instant transfers, and portfolio tracking. Bitso focuses on security, compliance, and ease of use.

  • How does Bitso integrate with other tools?

    There is no information available about Bitso integrations with other tools. However, Bitso offers features like automated trading and recurring buys, suggesting potential for future integrations.

  • What the main competitors of Bitso?

    Bitso's main competitors include Kucoin, Binance, Coinbase Exchange, Luno, OKX, and Shakepay. These platforms offer similar services such as buying, selling, and trading cryptocurrencies, often with varying fee structures and available cryptocurrencies.

  • Is Bitso legit?

    Yes, Bitso is a legitimate cryptocurrency platform operating in Latin America and Mexico. It offers various features like buying, selling, and trading crypto, along with a secure digital wallet. While some users report high fees, others praise its ease of use and security measures.

  • How much does Bitso cost?

    Bitso's pricing details are not publicly available. It's advisable to contact Bitso directly or visit their website for specific product pricing and to determine if the platform meets your cryptocurrency investment needs.

  • Is Bitso customer service good?

    Bitso's customer service receives mixed reviews. While some users praise the helpful and knowledgeable support, others report slow response times and unhelpful experiences. Some users found the support team efficient in resolving issues, while others experienced difficulties, especially with complex problems.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.