Mexico is one of the countries where crypto is becoming increasingly popular. This is because of the weakening of the country’s local currency, which has made many to seek a better store of value.
If you’re based in Mexico and reading this, you probably are also considering the use of cryptocurrencies either for speculation or just as a store of value. This all begins with picking the right crypto exchange to use.
There are several crypto exchanges you can use, but they don’t all offer the same thing. In fact, there are some that you may regret using ultimately if you don’t take time to make a good choice.
If you’re looking for one, you should look for a platform that is safe, secure, easy to use, and with low transaction fees. Above that, it should have certain features that favor people in your location. With this in mind, here are the best crypto exchanges to use in Mexico.
Binance
Binance is the leading global crypto exchange because of some reasons, which include ease of use, low transaction fees, and deep liquidity. The deep liquidity means you can never be stranded trading any asset the exchange lists.
Binance has advanced tools for pro traders, but it is also simple enough for absolute beginners to use. You can use different methods to add funds to it or buy assets directly, which is ideal for good trading.
Binance is also highly secure, with its proof of reserves feature which guarantees that your funds are insured. You can also enjoy other features such as staking which pays you a good reward for your assets.
eToro
eToro is the platform for beginners seeking to master trading. With its social trading feature, it allows beginners to copy the trades of pro traders and learn their strategies while earning for such proven strategies.
eToro doesn’t only support crypto assets, it also gives users exposure to other asset classes such as stocks and bonds, giving you the opportunity to diversify your investments. The exchange is fully regulated and licensed in several countries, so it is also a trustworthy one you use.
Bybit
Bybit is a top crypto derivatives trading platform, which makes it sound scary. However it is a regular exchange that anyone can use to buy and trade crypto assets. The platform has its headquarters in Dubai, and is regulated in several countries as well.
You can access close to 1,000 crypto assets on this exchange, which makes it attractive to altcoin investors. You can use different methods to deposit funds on Bybit, and trade using many methods.
Bybit is also highly secure, with most of its users’ funds stored offline in cold storage. If you’re looking for a reliable platform to use, this is one place to look.
Bitso
And if you are looking for an exchange you can trust locally, Bitso is a great option to consider. Although not the typical crypto exchange, it allows you to buy, swap, and transfer cryptocurrencies across borders seamlessly.
You can use it to invest in any number of supported crypto assets, making it a great way to enter into the crypto investing space. There are over 8 million users already with over 50 supported assets.
The platform is also simple, allowing everyone to use it for their crypto investing. The platform also supports institutional investors in their investing journey, giving them the chance to securely invest in crypto assets.
OKX
OKX is an innovative crypto trading platform that is fast evolving. Because of its rapid evolution, the platform has a lot to offer users in many countries including Mexico. You can use it to buy and trade crypto assets within the country as well as enjoy other benefits.
The platform allows users to stake their assets to earn rewards, giving users incentives to enter the crypto space. There are over 700 supported assets on this platform to choose from, and many methods you can use to deposit funds and buy assets.
