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Best Crypto Exchanges in Peru 2024

Publisher

February 25, 2024
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Best Crypto Exchanges in Peru

Top 6 Crypto exchanges in Peru Reviewed

Suppose you’re a trader or investor in Peru who wants to invest in crypto. In that case, you should ensure you’re using a reputable cryptocurrency exchange with the best possible trading conditions.

In this article, we will walk you through the top five crypto exchanges in Peru and all the information you need to know about them, from trading fees and security to supported coins and much more. They are:

  1. Binance – Best Overall Exchange in Peru
  2. Bybit – Best Derivatives Exchange in Peru
  3. MEXC – Best Alternative Exchange in Peru
  4. Kraken – Most Secure Exchange in Peru
  5. OKX – Versatile Crypto Exchange in Peru

 

1. Binance

Founded in 2017 by Changpeng Zhao, Binance is based in China and is one of the largest crypto exchanges in the world. The exchange has over 120 million users in over 180 countries, including Peru.

For active trading, Binance supports more than 350 cryptocurrencies, including BTC, ETH, and USDT. The platform also offers Spot and Futures trading, Copy trading, Non-Fungible Token (NFT) trading, and Bot trading.

For trading fees, Binance charges 0.1% for both makers and takers on the spot market, while for futures, charges are set at 0.02% for makers and 0.04% for takers. Additionally, Binance offers advanced trading tools with leverage of up to 125X on derivatives and perpetual contracts.

Users can also buy cryptos with the Sol (PEN) using several payment methods, including Visa/Mastercard, bank transfers, P2P trading, and more.

If you want to learn about Binance, check out our full Binance review.

Spot Fees: 0.1% maker/ 0.1% taker

Futures Fees: 0.02% maker/ 0.04% taker, with leverage of up to 125x

Supported Cryptos: 350+

Futures Contracts: 260+

Customer Support: 24/7 live chat

 

Visit Binance!

 

2. Bybit

Bybit was founded by Ben Zhou in 2018, with its headquarters in Dubai. The platform has over 15 million users across 160 countries, including Peru. Additionally, Bybit is fully licensed and complies with the rules and regulations for crypto trading in Peru.

Users can access over 400 cryptos, including BTC, ETH, and USDT, for trading. The exchange is the best for derivatives trading in Peru, offering over 200 futures contracts with low fees. Users can also enjoy up to 100x leverage to help maximize profit.

The exchange is also great for spot trading. On the spot market, the fee is 0.1% for both makers and takers, while for futures, there is a 0.02% maker fee and a 0.055% taker fee.

Other features on Bybit include NFT trading, demo trading, and a wide range of passive income products, including staking and mining. That makes Bybit a good choice for traders in Peru seeking a platform with low fees and more income opportunities.

Lastly, Bybit also supports the Sol(PEN) for payments on the platform. Traders in Peru can securely buy cryptos with their native currency using various payment methods, including bank cards and P2P trading via Plin, BBVA, and more.

To learn more about Bybit, check out our full Bybit review.

Spot Fees: 0.1% maker/ 0.1% taker

Futures Fees: 0.02% maker/ 0.055% taker

Supported Cryptos: 432+

Futures Contracts: 200+

Customer Support: 24/7 live chat

 

Visit Bybit!

 

3. MEXC

MEXC was founded in 2018 and currently serves over 16 million users in more than 170 countries, including Peru. The platform is one of the best exchanges for traders and investors seeking a wide range of digital assets, as it offers over 1600 assets for trading.

Additionally, MEXC offers one of the lowest trading fees in the crypto market. Users can access trading fees as low as 0% for makers and takers on the spot market, while for futures, the charge is 0% for makers and 0.02% for takers.

Furthermore, MEXC takes the security and safety of user assets very seriously as the exchange implements advanced security measures, including two-factor authentication, encryption, cold storage, and many more. MEXC also provides full proof of reserves, guaranteeing that the company funds back all user assets.

Lastly, MEXC doesn’t support the Sol(PEN) for payments. However, users in Peru can still buy cryptos seamlessly with other payment methods, including P2P trading or third-party payment, e.g., Simplex, at low fees.

To learn more about MEXC, check out our full MEXC review.

Spot Fees: 0% maker/ 0% taker

Futures Fees: 0.% maker/ 0.02% taker

Supported Cryptos: 1600+

Customer Support: 24/7 live chat

 

Visit MEXC!

 

4. Kraken

Kraken stands out as the most secure crypto exchange for traders in Peru. The platform implements adequate security measures, including cold storage and SSL encryption, to ensure the safety of user assets. That is evident as Kraken has never been hacked or compromised.

Users can access over 200 cryptocurrencies, including BTC, ETH, and USDT, at low fees for spot and futures trading. On the spot market, the fee is 0.16% for makers and 0.26% for takers, which is relatively high. For futures trading, the fee is 0.02% for makers and 0.05% for takers.

Another thing about Kraken is that it features advanced trading tools, including real-time charts and technical indicators, to cater to the needs of experienced traders. The platform also offers NFT trading for users interested in buying and selling NFTs.

Lastly, Kraken is a fully licensed and regulated exchange compliant with all the guidelines required for crypto trading in Peru. Although the exchange doesn’t support the PEN for payments, traders in Peru can still buy cryptos seamlessly using various payment methods, including credit/debit cards or P2P trading.

To learn more about Kraken, check out our full Kraken review.

Spot Fees: 0.16% maker/ 0.26% taker

Futures Fees: 0.02% maker/ 0.05% taker

Supported Cryptos: 200+

Customer Support: 24/7 live chat

 

Visit Kraken!

 

5. OKX

OKX is a reputable crypto exchange that was launched in 2017. The platform offers 3 different versions depending on how you trade. There is a beginner-friendly Lite version for beginners, a Pro version with advanced trading tools for experienced traders, and a Web3 option for NFT traders. That makes OKX a versatile choice for Peru users of different experience levels.

Furthermore, OKX is fully licensed and is compliant with the guidelines required for crypto trading in Indonesia. With over 350 supported cryptos and various trading options, including spot, futures, and options trading, OKX is one of Peru’s most advanced crypto exchanges.

Additionally, OKX has one of the cheapest trading fees in the crypto market. Users have access to fees as low as 0.08% for makers and 0.1% for takers on the spot market, while for futures trading, fees are set at 0.02% for makers and 0.05% for takers.

Another thing about OKX is that it offers a wide range of passive income products to help users earn more while trading on the platform. These include automated bot trading, crypto savings, staking, ETH 2.0, etc.

Lastly, OKX supports PEN for payments with low fees. Users can buy crypto with PEN through Visa/Mastercard, P2P trading, or third parties, e.g., Banxa.

If you want to learn more about OKX, check out our full OKX review.

Spot Fees: 0.08% maker / 0.1% taker

Futures Fees: 0.02% maker / 0.05% taker

Supported Cryptos: 350+

Customer Support: 24/7 live chat support.

 

Visit OKX!

 

How to Buy Bitcoin and Other Cryptos in Peru

If you’re interested in buying Bitcoin and other cryptocurrencies in Peru but don’t know how to do so, you can follow the comprehensive guidelines below,

  1. Select a cryptocurrency exchange supported in Peru from the list above. Binance is the best crypto exchange in Peru for active traders, offering various cryptocurrencies, sophisticated trading features, and much more.
  2. Register on the platform and complete your Know Your Customer (KYC) verification.
  3. Deposit PEN on the platform using your preferred payment method.
  4. Use the “buy crypto” option on the exchange to buy Bitcoin or other cryptocurrencies.
  5. Once your coins are added to the platform, you can start trading.

 

Final Thoughts

Crypto trading is fully regulated in Peru. If you’re a trader in Peru seeking a reliable crypto exchange, browse through the top list above and choose the right platform that best suits your needs.

  • For a wide range of cryptos, MEXC is the best option for you
  • For low trading fees, MEXC and OKX are the best options for traders in Peru
  • If you want to trade derivatives, Bybit and Binance are the best options for you
  • OKX, Binance, and Bybit are the best options for a wide range of passive income products.

However, we recommend Binance as the best crypto exchange for traders in Peru, as it supports advanced trading and offers low fees.

 

Frequently Asked Questions

Is Crypto Legal in Peru?

Yes, crypto is legal in Peru. The Central Reserve Bank of Peru comprehensively regulates it to ensure a safe trading environment for users.

 

Where Can I Buy Crypto in Peru?

As mentioned in the top list above, you can securely buy crypto with any crypto exchanges supported in Peru.

 

Which Crypto Exchange is the Most Secure in Peru?

Kraken is Peru’s most secure crypto exchange as it implements advanced security measures, including two-factor authentication, cold storage, and many more. The platform also provides full proof of reserves to safeguard user assets.

 

Which Exchange has the Lowest Trading Fees in Peru?

MEXC has the lowest trading fees in Peru, as it offers fees as low as 0% for makers and takers on the spot market. For futures trading, fees are set at 0% for makers and 0.02% for takers.

 

Our recommendation:

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