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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)
TrustPilot
1.7/5
(6)
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 crypto platform in Latin America and Mexico. We find it’s ideal for individuals and businesses wanting to buy, sell, and trade cryptocurrencies like Bitcoin and Ethereum. Users appreciate its ease of use and helpful support, but some dislike the high transaction fees.

  • Best for small to medium-sized LatAm businesses (1-1000 employees) seeking accessible crypto solutions.

  • In our experience, Bitso is a great fit for companies in Finance, Banking, Insurance, Software, IT & Telecommunications.


Bitso features

Supported

Cryptocurrency trading: Buy and sell cryptocurrencies like Bitcoin and Ethereum.

Supported

Digital wallet: Store and manage cryptocurrencies in a secure digital wallet.

Supported

Instant cryptocurrency transfers: Transfer cryptocurrencies instantly using phone numbers or email addresses.

Supported

Portfolio performance tracking: Track the performance of cryptocurrency assets.

Supported

Automated trading: Set automated trades at specific price points.

Supported

Recurring buys: Schedule recurring cryptocurrency purchases.

Supported

Interest-earning stablecoins: Earn interest on USDC and USDT holdings.


Bitso pricing

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

We find that Bitso's fees are a recurring concern for users. Many find them high, especially for transfers and smaller transactions, impacting their overall investment. While some appreciate the security and ease of use, the cost is a significant drawback for others.

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 cryptocurrency exchange platform primarily serving Latin America. We find that it allows users to buy, sell, and trade various cryptocurrencies, providing a digital wallet and instant transfer capabilities. Bitso focuses on security, regulatory compliance, and transparency.

  • How does Bitso integrate with other tools?

    There is no information available regarding Bitso's integrations with other tools. We recommend checking their website for the latest details on integrations.

  • What the main competitors of Bitso?

    We find that Bitso's main competitors include Kucoin, Binance, Coinbase Exchange, Luno, OKX, and Shakepay. These platforms offer similar services like buying, selling, and trading cryptocurrencies.

  • Is Bitso legit?

    We find that Bitso is a legitimate cryptocurrency platform, but user reviews on Trustpilot are quite low. We advise caution and recommend comparing it with alternatives like Binance or Coinbase.

  • How much does Bitso cost?

    Bitso doesn't publicly disclose its pricing structure. We recommend contacting their sales team to determine the specific costs associated with using their platform. They do offer a free account with limited functionalities.

  • Is Bitso customer service good?

    We find that user reviews on Bitso's customer service are mixed. Some users praise the quick and helpful support, while others report unhelpful experiences and slow response times, especially when dealing with complex issues.


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.

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