Bitso Review

Bitso Logo

Operating from Mexico, Bitso is a regulated cryptocurrency exchange that allows traders to store, buy, or sell several digital assets, including Bitcoin, Bitcoin Cash, Ethereum, Ripple, Litecoin, and more, using an intuitive trading platform. The Exchange offers some educational resources and provides a client support team to assist traders. The Exchange has over a million registered users with more than 14 million processed transactions and around 7 million payments in both cryptocurrency and local currency. The required minimum deposit required to operate an account is 100 MXN.

Bitso Review Trading Instruments
Bitso Review Trading Instruments

Bitso Review Introduction

In this Bitso review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Bitso.

Bitso Platforms & Tools

Bitso gives traders access to a proprietary trading platform that is easy to use, making it suitable for amateur traders. The platform is built with several trading functionalities, including limit order, balance overview, and support for conversions between fiat and cryptocurrencies. It is available in the web version wherein it runs directly on Chrome, Safari, Firefox, Edge, and other modern web browsers without the need to download or install any additional software. There is also a mobile app that is developed for smartphone devices running on Android and iOS. The mobile app can be freely downloaded from the relevant app stores and is useful to traders who would want to get access to their trading accounts and place trades even while on the move provided there is an internet connection.

Bitso Review Trading Platform
Bitso Review Trading Platform

Traders also benefit from standalone trading tools, including the Application Programming Interface (API), which enables traders to customize the online trading experience to their individual needs.

Bitso Research & Education

There is a vast array of educational resources on the broker’s website, and they help improve traders’ skills and knowledge whilst keeping them informed on the latest happenings in the cryptocurrency markets. They include blogs, news, articles, guides, video tutorials, and an FAQ section that is in place to offer instant answers to the most common questions that traders may have.

Bitso Review Trading Blogs
Bitso Review Trading Blogs

Bitso Trading Accounts

Traders are allowed to open a single live trading account; multiple trading account types are not allowed for a single user.

Bitso Account Funding

The broker accepts bank transfers and cryptocurrencies for account deposits and withdrawals. The transaction processing time may vary depending on the payment method.

Bitso Customer Service

Bitso provides traders with a customer support team that is on hand to answer clients’ general, technical, and account-related inquiries. They can be reached via email, support tickets, and social media.

Bitso Regulation

Bitso is a regulated digital currency exchange. They are licensed by the Gibraltar Financial Services Commission under the Investments and Financial Fiduciary Services Act with license number FSC1348B.

Bitso Review Summary

Bitso is a digital asset exchange that was launched in 2014 in Mexico and has continued to offer access to trade multiple cryptocurrencies through an intuitive trading platform that is available in the web version and a mobile app for Android and iOS devices. Traders are provided with trading and learning tools, while a client support team is available to assist at all times. The minimum deposit required to open the available live trading account is 100 MXN. The broker is licensed by the Gibraltar Financial Services Commission.

It is worth mentioning that some of the trading products and services in this Bitso review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Bitso broker website which you can visit by using the link below.

Investment in cryptocurrency involves significant risks and it is possible that you may lose a substantial proportion or all of its investment in cryptocurrency. The value of cryptocurrency may fall as well as rise. The performance of cryptocurrency is subject to various factors. You should carefully consider whether you can afford to bear the risks of investing in cryptocurrency.

Bitso

6

Spreads

7.5/10

Liquidity

7.5/10

Commissions

7.5/10

Support

7.5/10

Regulation

0.0/10

Features

  • Web and mobile trading platforms
  • A selection of educational resources
  • Trading API
  • Multiple cryptocurrencies