How to Use Bitso in Mexico: Deposits, Withdrawals, and More

Cryptocurrencies have become a powerful tool for managing money across borders. In 2024, millions of U.S. residents—especially those with financial ties to Latin America—are using platforms like Bitso to access global crypto benefits, send money abroad, and build digital investments. If you're interested in crypto but not sure where to start, you're in the right place.

In this guide, you'll learn:

• What Bitso is and how it works for U.S.-based users
• How to register and verify your Bitso account
• How to securely deposit and withdraw U.S. dollars
• Which tools and services you can use with Bitso: crypto trading, sending money to Mexico or Latin America, and earning with crypto
• Beginner-friendly tips for getting started with confidence

What is Bitso and how does it work for U.S. users?

Bitso is one of the leading crypto platforms in Latin America. It allows you to buy, sell, and store over 130 cryptocurrencies—from Bitcoin and Ethereum to stablecoins like USDC—all from a single app. While Bitso is based in Latin America, it's also available to users in the U.S. and serves as a seamless bridge to send money to family, invest in crypto, or participate in international digital markets.

Bitso complies with U.S. regulatory requirements for money services businesses, including Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, as outlined by entities like the Financial Crimes Enforcement Network (FinCEN). These protocols help ensure your identity and funds are protected.

How Bitso works in practice

You can connect your U.S. bank account and deposit dollars to Bitso. From there, you can:

• Buy cryptocurrencies
• Hold assets like stablecoins or Bitcoin as a store of value
• Send crypto abroad—instantly and affordably
• Sell crypto and withdraw the proceeds back to your bank account

It's also possible to send U.S. dollars, convert them into stablecoin (like USDC), and transfer that cryptocurrency directly to someone in Mexico or another country. More on that below.

How do I register and verify my Bitso account from the U.S.?

Getting started with Bitso is fast and simple. Most users complete account creation and identity verification in under 24 hours.

Step 1: Download the app

Search for "Bitso" on the U.S. Google Play Store or Apple App Store.

Here are the official links:

• Android: Download Bitso on Google Play
• iPhone: Download Bitso on App Store

Step 2: Create your account

• Enter your email and choose a secure password
• Verify your email address using the link you receive
• Add your phone number and confirm via text message

Step 3: Complete identity verification

To comply with U.S. regulations, you'll need to provide:

• A valid government-issued photo ID (such as a U.S. driver’s license or U.S. passport)
• A recent proof of address (e.g. utility bill, lease agreement, or bank statement from the last 3 months)
• A selfie to confirm your identity

Step 4: Secure your account

• Enable two-factor authentication (2FA) for extra protection
• Set a six-digit PIN for transactions
• Double check your contact information

Once your ID is verified, your account will be ready to fund, trade, or transfer money internationally.

Note: Your initial deposit and withdrawal limits may be capped until verification is complete. Higher limits are available by submitting additional income documentation.

How can I deposit U.S. dollars to Bitso?

You can fund your Bitso account using traditional U.S. banking methods.

Here’s how:

1. Open the Bitso app and go to the “Deposit” section
2. Select “U.S. dollars (USD)”
3. Choose your preferred deposit method—ACH transfer, wire transfer, or debit card (depending on availability at the time)
4. Follow the instructions to initiate your transfer from your external bank

Deposits are typically processed within 1–2 business days, depending on your bank and method.

Deposit tips for U.S. users

• Use your routing and account numbers carefully
• Always include any unique reference code Bitso provides for your transaction
• Keep documentation or confirmation emails from your bank
• Some methods (like debit card) may carry fees

How can I withdraw funds from Bitso to my U.S. bank?

Withdrawing funds from Bitso is just as straightforward.

Here’s how to cash out in U.S. dollars:

1. Open the app and tap “Withdraw”
2. Select “U.S. dollars (USD)”
3. Add your bank info (routing and account number) if it’s your first time
4. Enter the withdrawal amount
5. Confirm with your transaction PIN
6. Receive your funds via bank transfer

Withdrawal details

• ACH transfers are typically free or carry minimal fees
• Wire transfers may be available if you need faster processing
• Daily and monthly limits vary based on your verification level
• Most transfers settle in 1–2 business days

What products and services can I use with Bitso?

Bitso goes beyond basic crypto trading. It offers:

Buy and sell over 130 cryptocurrencies

You can access leading cryptocurrencies like:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• Stablecoins like USDC and USDT

If you’re new to crypto, Bitso’s interface shows simple price charts and investment performance summaries.

More advanced users can explore detailed trading tools through Bitso Alpha, including:

• Real-time price tracking
• Limit and stop orders
• Automated buying during price drops

You can start investing with as little as $10, and your funds are never locked—you can withdraw anytime.

Can I send money to Mexico or Latin America with Bitso?

Yes—and it’s one of Bitso’s most powerful features. You can send money across borders using stablecoins like USDC or USDT, which are faster and cheaper than traditional remittance methods.

To send money abroad:

• Deposit U.S. dollars to your Bitso account
• Convert funds to a stablecoin (like USDC)
• Send the crypto to a Bitso-linked user in another country (e.g., Mexico)
• The recipient can instantly convert it into local currency and withdraw to their bank

To receive money from abroad:

• Share your Bitso wallet address with the sender
• Receive the crypto into your account
• Convert it to U.S. dollars and withdraw to your bank

All transfers happen in minutes, and the costs are a fraction of traditional wire or remittance services.

Can I earn passive income on my crypto with Bitso?

Yes. Bitso Earn allows you to grow your crypto assets over time—passively.

How Bitso Earn works:

• Choose eligible currencies like Bitcoin or USDC
• Activate weekly earnings directly in the app
• Interest is calculated daily and deposited every Monday
• No lock-ups, hidden fees, or penalties—you keep full control

It’s a flexible alternative to traditional savings accounts, with crypto-based rewards.

Is Bitso safe for U.S. users?

Bitso follows international best practices for security, compliance, and transparency.

Regulatory compliance

• Operates under U.S. anti-money laundering (AML) and "Know Your Customer" (KYC) standards
• Registered with FinCEN as a money services business
• Uses bank-grade encryption and multi-layer security protocols

Personal safety tips

• Enable two-factor authentication (2FA)
• Use strong, unique passwords
• Never share your account credentials
• Always double-check wallet addresses before sending crypto
• Keep your app updated and only download from official stores

With the right setup and habits, Bitso is as safe as any banking app—but with the added benefits of crypto agility and global reach.

What should I know as a crypto beginner?

Curious about crypto but unsure where to begin? Here are a few pointers to help you get started with Bitso—smart and safe.

Start small

• Invest only what you can afford to lose
• Use Bitso’s in-app learning tools to understand asset types
• Don’t rush into trends or news-driven hype

Diversify

• Spread your holdings across multiple cryptocurrencies, including stablecoins
• Bitcoin and Ethereum remain solid choices for beginners

Manage risk

• Set a monthly crypto budget—stick to it
• Have a clear goal: saving, trading, or sending money
• Learn to read basic crypto charts before placing frequent trades

Stay secure

• Store your recovery phrases safely offline
• Don’t click on suspicious emails or fake offers pretending to be Bitso
• Only use the official Bitso app and website

Use Bitso’s tools

• Set auto-buy rules to take advantage of price dips
• Turn on price notifications for the assets you care about
• Explore Bitso Earn for passive growth

FAQs

Is Bitso regulated in the U.S.?

Yes. Bitso complies with U.S. regulations for money services businesses, including FinCEN standards. The platform performs KYC checks and follows AML policies diligently.

How long do withdrawals take in the U.S.?

ACH withdrawals usually take 1–2 business days. Wire transfers may be faster but could involve additional fees.

What cryptocurrencies can I buy on Bitso?

There are over 130 supported cryptocurrencies, including:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• Polygon (MATIC)
• USDC and USDT
• And many more

Check your Bitso app for the latest list.

Are there fees for depositing or withdrawing?

Transfer fees vary depending on your selected method:

• ACH deposits: typically free or low-fee
• Debit card deposits: small fee may apply
• Withdrawals: fees depend on method and amount. Check the “Fees” section inside the app for up-to-date info.

Put your crypto strategy into action

Every financial journey starts with one decision. Whether you're looking to build savings, send money home, or invest for the future—Bitso gives you the tools to do it securely and on your terms.

👉 Download the Bitso app now to get started:

• Get it on Google Play
• Get it on the App Store

Take control of your financial story. Bitso is here to help you write it.

—

Disclaimer: This content is for educational purposes only and does not constitute financial advice. Past performance does not guarantee future results. We encourage you to do your own research before making any investment decisions.