In Mexico, investing in Bitcoin and other cryptocurrencies entails selecting a platform that complies with the regulations of the CNBV (Comisión Nacional Bancaria y de Valores). These platforms offer secure transactions and support various deposit methods, such as SPEI transfers, local bank deposits, and credit and debit cards, providing convenience for Mexican investors.

Since July 2024, the “Digital Agents” banking model has remained in effect, further expanding access to digital finance in underserved regions. Additionally, Banxico is expected to launch its central bank digital currency (CBDC) by the end of 2025, reinforcing Mexico’s evolving approach to digital assets.

Our review of best crypto exchanges Mexico considers key aspects such as compliance with CNBV regulations, the range of available cryptocurrencies, the quality of the user interface, options for depositing Mexican pesos, and fee structures. For a comprehensive overview, check out the following list of the best crypto exchanges in Mexico for 2025.

 

Top 8 Crypto Exchanges for Traders in Mexico

We’ve reviewed and compared the most accessible and compliant crypto exchanges for users in Mexico. This list highlights eight platforms that support MXN deposits, follow local regulatory expectations, and offer strong trading features for both beginners and experienced users.

 

1. BYDFi

BYDFi is one of the few global exchanges offering high-leverage trading without KYC, making it attractive to privacy-focused users. Founded in 2019 by Michael Hung and based in Singapore, the platform has grown to over 4 million users and supports more than 100 countries. Despite being restricted in the UK, China, and parts of South Asia, BYDFi continues to gain traction for its accessibility and user-first features.

Traders on BYDFi can access 801+ cryptocurrencies and 421+ futures contracts, with leverage of up to 200x. Spot trading comes with zero maker fees and a low 0.10% taker fee. Futures trading is also competitively priced at 0.020% maker and 0.060% taker. There’s no requirement for identity verification, and users can withdraw up to 1 BTC daily without KYC.

BYDFi supports multiple fiat deposit options via bank transfer, credit/debit cards, Apple Pay, Google Pay, and more, but fiat withdrawals are not available. The platform offers integrated grid and martingale trading bots, along with copy trading, making it suitable for both passive and advanced strategies.

Its $5.6 billion daily futures volume shows strong liquidity, but the spot market volume remains relatively low at $163.71 million. While BYDFi doesn’t have a native token, users can still earn up to $300 as a trading bonus and 40% in affiliate commissions. The platform’s safety rating is above average, and support is available 24/7 via live chat and email.

If you want to learn more about the exchange, you can read our full BYDFi review.

• Supported Cryptocurrencies: 801+
• Futures Contracts: 421+
• Max Leverage: 200x
• Spot Trading Fees: 0.00% maker / 0.10% taker
• Futures Trading Fees: 0.020% maker / 0.060% taker
• KYC & Limits: No KYC required, daily withdrawal limit of 1 BTC
• Deposits & Withdrawals: Crypto, Bank Transfer, Cards, Apple Pay, Google Pay, Transak, Banxa, etc

 

BYDFi Pros & Cons

👍 BYDFi Pros	👎 BYDFi Cons
✅ 801+ Cryptos supported	❌ No staking, lending, or NFT products
✅ Features copy trading, grid bots, demo accounts, and MoonX memecoin tool	❌ Lacks advanced order types
✅ Low fees
✅ Up to 200x leverage
✅ Registered with U.S. FinCEN and Canada FINTRAC
✅ Free demo account

 

Visit BYDFi!

 

2. BloFin

BloFin is a high-leverage crypto exchange that has grown steadily since its launch in 2019. Founded by Matt Hu and based in the Cayman Islands, the platform serves over 2 million users across 100+ countries. It’s especially popular among futures traders who prefer platforms that don’t require KYC for basic usage.

The exchange supports 564+ cryptocurrencies for spot trading and 440+ contracts in the futures market, with leverage going up to 150x. Spot trading fees are fixed at 0.10% for both maker and taker, while futures traders benefit from lower fees; 0.020% for maker and 0.060% for taker. Liquidity is strong in the derivatives segment, with daily futures volume touching $9.73 billion. Spot volume is more modest at $433.20 million.

BloFin offers key features like grid, signal, and TWAP trading bots, plus a simple interface for executing manual trades. No identity checks are required for daily withdrawals up to $20,000. Fiat deposits are supported, but withdrawals remain crypto-only.

Want to go deeper into what BloFin offers? You can explore our detailed BloFin exchange review for a full breakdown.

• Supported Cryptocurrencies: 564+
• Futures Contracts: 440+
• Max Leverage: 150x
• Spot Trading Fees: 0.10% maker / 0.10% taker
• Futures Trading Fees: 0.020% maker / 0.060% taker
• KYC & Limits: No KYC required, daily withdrawal limit of $20,000
• Deposits & Withdrawals: Crypto, cards, Apple Pay, SEPA, and others (withdrawals in crypto only)

 

BloFin Pros and Cons

👍 Blofin Pros	👎 Blofin Cons
✅ No-KYC exchange with global access (incl. US, UK, Canada)	❌ Relatively new
✅ $9.7B+ daily volume and 2M+ users	❌ No Copy trading, and staking options available
✅ Up to 150x leverage on futures
✅ Bot trading supported
✅ Full proof of reserves
✅ Multiple fiat gateways: Google Pay, SEPA, Alchemy Pay, etc.

 

Visit BloFin!

 

3. MEXC

MEXC has established itself since 2018 under CEO John Chen in Singapore, now serving over 6 million users across 100+ countries. It supports a vast selection of 3,137+ spot cryptocurrencies and 433+ futures contracts, offering up to 500× leverage on futures trades.

Spot trading fees are low at 0.05% (maker/taker), while futures are cheaper yet; 0.00% maker and 0.020% taker. Daily volumes are strong: $1.40 billion in spot and $6.07 billion in futures, showing significant depth.

Deposits can be made via card, bank transfer, PayPal, Apple/Google Pay, and multiple fiat on-ramps. MEXC adds convenience through P2P trading, demo trading mode, and a mix of trading bots.

Interested in more detail? Check out our full MEXC exchange review for an in-depth look.

• Supported Cryptocurrencies: 3,137+
• Futures Contracts: 433+
• Max Leverage: 500×
• Spot Trading Fees: 0.05% maker / 0.05% taker
• Futures Trading Fees: 0.00% maker / 0.020% taker
• KYC & Limits: KYC required
• Deposits & Withdrawals: Crypto and multiple fiat; withdrawals in crypto only

 

MEXC Pros and Cons

👍 MEXC Pros	👎 MEXC Cons
✅ Over 3137+ cryptocurrencies available on Spot Trading	❌ Moderate Security
✅ Up to 500x leverage	❌ Interface may be overwhelming for beginners unfamiliar with pro-level tools
✅ Lowest trading fees
✅ Advanced products and features

 

Visit MEXC!

 

4. Bitget

Bitget, founded in 2018 and based in Singapore, has grown into a major exchange with over 8 million users. It supports 871+ spot cryptocurrencies and 488 futures contracts, with leverage options up to 125x. Spot fees are set at 0.10% for both maker and taker, while futures trading is priced at 0.020% maker and 0.060% taker. The platform handles strong volumes daily, with $1.41B in spot and $12.45B in futures.

In Mexico, Bitget expanded its reach by enabling MXN deposits via SPEI, a real-time transfer system developed by Banco de México. This was done in partnership with Swapple and Alchemy Pay, making it easier for local users to fund their accounts with instant peso transfers.

Bitget offers copy trading, demo accounts, and various bots including grid, martingale, and CTA. While KYC is required, the platform supports a wide range of fiat and crypto funding methods.

To explore its full feature set, see our detailed Bitget exchange review.

• Supported Cryptocurrencies: 871+
• Futures Contracts: 488+
• Max Leverage: 125x
• Spot Trading Fees: 0.10% maker / 0.10% taker
• Futures Trading Fees: 0.020% maker / 0.060% taker
• KYC & Limits: KYC required
• Deposits & Withdrawals: Crypto, bank transfer, SEPA, PIX, cards, Apple Pay, Google Pay

 

Bitget Pros and Cons

👍 Bitget Pros	👎 Bitget Cons
✅ Low trading fees	❌ Highly advanced for beginners
✅ User-friendly interface	❌ Not available in the United States
✅ Passive income products	❌ No HUF payments
✅ Over 500 cryptocurrencies
✅ Copy Trading
✅ Full Proof of reserves

 

Visit Bitget!

 

5. Coinbase

Coinbase is one of the most established names in the crypto industry, founded in 2012 by Brian Armstrong and headquartered in the U.S. With over 108 million users and a strong regulatory presence, the platform operates under full compliance in multiple regions, including across the EU where it holds several active licenses.

The exchange offers access to 297+ cryptocurrencies for spot trading and 164 futures contracts, with leverage capped at 10x. Spot fees are relatively high; 0.40% for maker and 0.60% for taker, while futures fees are more reasonable at 0.050% on both sides. Daily volumes are solid: $1.09B in spot and $810M in futures.

In Mexico, Coinbase supports crypto remittance services, allowing users to convert crypto into local currency at convenience locations for a nominal fee. While not a trading-focused product, it marks Coinbase’s active role in Mexico’s crypto adoption landscape.

Coinbase does not support copy trading or advanced bots, but staking and fiat on-ramps in USD, EUR, and GBP are available. KYC is mandatory, and the platform is more suited for casual users rather than professional traders.

To see how Coinbase compares across tools, fees, and compliance, read our full Coinbase review.

• Supported Cryptocurrencies: 297+
• Futures Contracts: 164+
• Max Leverage: 10x
• Spot Trading Fees: 0.40% maker / 0.60% taker
• Futures Trading Fees: 0.50% maker / 0.050% taker
• KYC & Limits: KYC required
• Deposits & Withdrawals: Crypto, card, bank (withdrawals in crypto only)

 

Coinbase Pros & Cons

👍 Coinbase Pros	👎 Coinbase Cons
✅ Reputable exchange	❌ High trading fees
✅ Very secure crypto trading platform	❌ No Futures
✅ Very beginner-friendly	❌ Lacks advanced trading features
✅ Highly regulated	❌ No live chat support
✅ Euro deposits supported

 

Visit Coinbase!

 

6. Bitunix

Bitunix, launched in 2022 by Arron Lee and headquartered in Dubai, is a no-KYC exchange that has quickly gained attention for its high leverage offering and user-first approach. The platform supports 541+ cryptocurrencies for spot trading and 400+ contracts in futures, with leverage available up to 125x. Spot fees are flat at 0.10% maker and taker, while futures trading costs 0.020% maker and 0.060% taker.

Its daily futures volume sits at $6.4 billion, with spot volume around $537.63 million. Despite its relatively recent entry to the market, Bitunix already serves over 1 million users in 100+ countries. It supports a wide range of order types, including advanced tools like multiple TP/SL and trailing stops.

Users can trade without submitting KYC and withdraw up to $500,000 daily. Deposits are accepted via crypto, cards, Apple Pay, and bank transfers. Tools include copy trading, demo accounts, and a “Buy Low Sell High” bot for automated strategies.

To get a closer look at Bitunix’s trading experience and full feature set, check out our full Bitunix review.

• Supported Cryptocurrencies: 541+
• Futures Contracts: 400+
• Max Leverage: 125x
• Spot Trading Fees: 0.10% maker / 0.10% taker
• Futures Trading Fees: 0.020% maker / 0.060% taker
• KYC & Limits: No KYC required, daily withdrawal limit of $500,000
• Deposits & Withdrawals: Crypto, card, bank transfer, Apple Pay (withdrawals in crypto only)

 

Bitunix Pros and Cons

👍 Pros	👎 Cons
✅ No-KYC with $500K daily withdrawal limit	❌ Not regulated by major authorities
✅ Up to 125x leverage	❌ Smaller user base than top exchanges
✅ User friendly	❌ Not available in China
✅ Easy fiat deposits (card, bank, Apple Pay)
✅ High liquidity ($6.4B+ daily volume)

 

Visit Bitunix!

 

7. Bybit

Bybit is a global trading platform launched in 2018 by Ben Zhou, headquartered in Dubai. It supports 726 spot cryptocurrencies and 578 futures contracts, with leverage reaching up to 100x. Spot trading fees are 0.10%, while futures fees are lower; 0.020% maker and 0.055% taker. With daily futures volume surpassing $15 billion, Bybit remains a key player for high-volume traders.

In Mexico, Bybit has enabled MXN deposits and withdrawals via SPEI, the interbank system developed by Banco de México. This allows local users to move funds instantly with zero deposit fees. Additionally, Bybit introduced a Mastercard-powered Bybit Card in Mexico, offering cashback on crypto spending across 150+ countries.

Beyond its standard crypto trading suite, it also supports tokenized stock trading (xStocks) on Solana, letting users buy major U.S. stocks and ETFs as blockchain-based assets. Traders can access these features 24/5.

Bybit includes advanced bot support, a full demo mode, and copy trading, making it suitable for both strategic and passive traders. KYC is required, and the platform offers a tiered affiliate program with up to 33% commission.

For a full breakdown of Bybit’s tools and supported markets, explore our detailed Bybit exchange review.

• Supported Cryptocurrencies: 726+
• Futures Contracts: 578+
• Max Leverage: 100x
• Spot Trading Fees: 0.10% maker / 0.10% taker
• Futures Trading Fees: 0.020% maker / 0.055% taker
• KYC & Limits: KYC required
• Deposits & Withdrawals: Crypto, card, bank transfer, SPEI, SEPA

 

Bybit Pros and Cons

👍 Bybit Pros	👎 Bybit Cons
✅ MiCAR-compliant platform	❌ KYC is mandatory
✅ SEPA support for EUR deposits	❌ Not available in the US, UK, and other major countries
✅ Tier-1 liquidity and deep futures markets
✅ Supports copy trading, demo mode, and multiple bots (Grid, DCA, Martingale, etc.)
✅ Fiat onramps via cards, MoonPay, BTCDirect, and more

 

Visit Bybit!

 

8. Kraken

Kraken is one of the longest-standing crypto exchanges, launched in 2011 by Jesse Powell and now based in San Francisco. It supports 516 spot cryptocurrencies and 348 futures contracts, with futures leverage available up to 50x. Spot fees range from 0.16% (maker) to 0.26% (taker), while futures fees are lower; 0.020% for maker and 0.050% for taker.

In a move to expand access in Latin America, Kraken now allows MXN deposits via local payment methods. Deposits are converted automatically to USD, helping Mexican users onboard without relying on third-party services.

Kraken is fully regulated and offers fiat on-ramps in multiple currencies including USD, EUR, and GBP. It supports demo trading, staking, and fiat deposits, but lacks P2P, copy trading, or bot integrations. Users looking for traditional asset exposure can also explore Kraken’s stock trading support in select jurisdictions.

KYC is required for all users, and the platform is better suited for passive investors than for high-frequency or bot-driven strategies.

For a deeper look into Kraken’s features, fees, and compliance status, read our full Kraken review.

• Supported Cryptocurrencies: 516+
• Futures Contracts: 348+
• Max Leverage: 50x
• Spot Trading Fees: 0.16% maker / 0.26% taker
• Futures Trading Fees: 0.020% maker / 0.050% taker
• KYC & Limits: KYC required
• Deposits & Withdrawals: Crypto, card, MXN via local methods

 

Kraken Pros & Cons

👍 Kraken Pros	👎 Kraken Cons
✅ FCA-registered and operational since 2011	❌ Futures leverage capped at 50x
✅ Strong security record and proof-of-reserves transparency	❌ No copy trading or advanced automation tools
✅ Offers staking, margin trading, and educational tools
✅ GBP deposits and withdrawals via Faster Payments

 

Visit Kraken!

 

Is Crypto Legal in Mexico?

Yes. Cryptocurrency trading is legal in Mexico under the country’s Fintech Law, introduced in 2018. This law was among the first globally to define and regulate virtual assets. It appoints Banco de México (Banxico) as the central authority overseeing crypto-related activities.

The law defines “virtual assets” as digital representations of value that do not qualify as legal tender or foreign currency. It requires exchanges to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These standards help ensure user protection, transparency, and market integrity.

To trade safely, users in Mexico should only use exchanges that comply with these legal requirements.

 

How to Buy Crypto in Mexico

Buying Bitcoin or other cryptocurrencies in Mexico follows a standard process. Here’s how it works within the local regulatory framework:

• Choose a compliant exchange: Use a platform that aligns with Mexico’s Fintech Law and offers clear security protocols.
• Create and verify your account: Sign up and complete KYC by submitting ID and proof of residence.
• Deposit funds: Add Mexican Pesos (MXN) using supported methods like SPEI, cards, or bank transfers.
• Make your purchase: Select your preferred crypto, enter the amount in MXN or crypto, and confirm the order.
• Transfer to wallet: Move your assets to a private wallet for added security.

Using a regulated platform ensures your transactions remain secure and legally protected under Mexican law.

 

Bottom Line

Cryptocurrency adoption in Mexico continues to grow under a clear legal structure guided by the 2018 Fintech Law. With the recent rollout of the Digital Agents model and Banxico’s upcoming CBDC, the landscape is becoming more regulated and accessible. For traders seeking reliable access and features tailored to the local market, platforms like BYDFi, BloFin, and MEXC stand out.

Choosing a compliant, well-established exchange is critical, not just for security, but for peace of mind. This list offers tested options that align with Mexico’s evolving crypto environment.

 

FAQs

1. Do I need to pay taxes on crypto in Mexico?

Yes. Cryptocurrency gains in Mexico are considered taxable. Individuals and businesses must report profits under income tax, and exchanges operating locally may also have withholding obligations. Consult a tax advisor for specifics.

 

2. Is SPEI safe for depositing funds to crypto exchanges?

Yes, SPEI is managed by Banco de México and offers secure, real-time interbank transfers. Exchanges that support SPEI allow fast, low-cost MXN deposits with strong banking reliability.

 

3. Which crypto exchange is best for beginners in Mexico?

Platforms like BYDFi and MEXC offer no-KYC access, simple interfaces, and demo modes, making them ideal for beginners testing strategies or small trades before going fully verified.

 

4. Can I use crypto exchanges in Mexico without doing KYC?

Some platforms like Bitunix, BloFin, and MEXC allow limited trading or withdrawals without KYC. However, higher limits, fiat deposits, and access to certain features usually require verification.

 

5. Can I buy U.S. stocks using a crypto exchange in Mexico?

Yes, Bybit offers tokenized stock trading (xStocks) for select U.S. equities and ETFs. These tokens are backed 1:1 by real shares and tradable on Solana 24/5.

 

6. What is the safest crypto exchange in Mexico?

Kraken and Coinbase are among the most regulated and transparent exchanges globally, but many users also trust Bitget and BYDFi for their transparency tools like proof of reserves and user fund protections.