Bitex
Bitex.la is a Bitcoin exchange and broker which services many South American countries, including Brazil, Mexico, Argentina, Chile, Peru and Uruguay. You can fund your exchange account with cash or AstroPay.
PROS
- Many payment methods available
- Low fees for South American countries
- Bitex brokers the sale of large amounts of bitcoin
CONS
- Not private since identity verification is required
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Ripio
Ripio is a Bitcoin platform based in Argentina. Ripio accepts bank transfers from Argentina or Brazil. Ripio also accepts cash payments from over 8,000 convenience stores across Argentina, via Easy Payment or Rapipago. It’s quick, secure, and easy to use.
PROS
- Fast way to buy bitcoins in Argentina
- A few payment methods available
- Low 0.5 fee
CONS
- Bank transfer option is not private since identity verification is required
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Sathoshi Tango
SatoshiTango is a South American Bitcoin exchange. Users in Brazil, Colombia, Chile, Peru, Uruguay, Argentina, Costa Rica, Ecuador, El Salvador, Honduras, Panama and Nicaragua can use SatoshiTango to buy bitcoin.
Payment methods include bank transfer, bank wire, cash deposit in Buenos Aires or through a coupons from PagoFacil, RapiPago, BaproPagos, CobroExpress or ProvinciaPagos.
PROS
- One of the best ways to buy bitcoins in the countries it covers
- Allows for the payment of utility bills and the purchase of airtime with bitcoin
CONS
- Not private since identity verification is required
- Due to regulations, a separate account is needed for each fiat currency SatoshiTango accepts; USD, EUR and ARS
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Mercado Bitcoin
Mercado Bitcoin is the largest Bitcoin exchange in Brazil and South America. Without verifying, you can buy bitcoin using cash deposits. After verification, you can also fund your account with online bank transfers, which incur no deposit fee. Mercado Bitcoin offers some of the best liquidity in Brazil, meaning you should get the fair market price when buying bitcoins.
PROS
- Deep liquidity promotes a price close to fair market rate
- Very popular with over 100,000 clients
CONS
- Not private since identity verification is required to exceed daily limits or use bank transfers
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FOXBIT
FOXBIT is a Bitcoin exchange based in Brazil. You can buy bitcoin online with bank transfers and no deposit fees. FOXBIT offers some of the best liquidity in Brazil, meaning you should get the fair market price when buying bitcoins.
PROS
- Deep liquidity promotes a price close to fair market rate
- Fast deposits and withdrawls; should only take 1 minute to confirm
- Signup bonus
CONS
- Not private since identity verification is required
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FlowBTC
FlowBTC is a Bitcoin exchange based in Brazil. You can fund your account online via bank transfer.
PROS
- Ability to purchase bitcoins relatively quickly; express deposits can clear the same day
- Low 0.35% fees
- Low 0.5% deposit fee
CONS
- Not private since identity verification is required
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