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Bitso Reviews & Product Details

Elohim M.
EM
Software developer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
(Original )Information
What do you like best about Bitso?

it is very simple and it feels secure enough. when I do deposits or withdrawals it works pretty quickly so if I see a move and the price and I want to do a quick movement I know bitso will deliver Review collected by and hosted on G2.com.

What do you dislike about Bitso?

I do not like they seem to be trying to force you to use their new earn feature. I click to activate the earn option and then I could not find an option to disable it. and the contract sounds pretty unsafe so I believe there should be an option to disable it, I contact support and they fixed it pretty quickly so it was ok Review collected by and hosted on G2.com.

Recommendations to others considering Bitso:

keep in mind if you want to sell and buy again, it is better to change to usdt instead of pesos Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

It gives me a place to buy bitcoin and send it to other wallets with pesos. I do not like to use it as a wallet except for small balances because some exchanges have died and I know that is always a possibility not your keys not your bitcoin Review collected by and hosted on G2.com.

Bitso Overview

What is Bitso?

Bitso is a cryptocurrency exchange platform founded in 2014, primarily serving customers in Mexico and Latin America. The platform allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), among others. Bitso aims to provide an easy-to-use, secure, and efficient way for users to access the world of digital assets. In addition to trading services, Bitso also offers a range of other features, such as: Bitso Wallet: A digital wallet that allows users to store, send, and receive cryptocurrencies securely. Bitso Transfer: A service that enables users to send and receive cryptocurrencies instantly using only a mobile phone number or email address. Bitso Pay: A payment processing solution for businesses that want to accept cryptocurrencies as a form of payment. Bitso has focused on expanding access to financial services and promoting the use of cryptocurrencies in the Latin American region. The company is committed to maintaining a high level of security, regulatory compliance, and transparency to ensure the trust of its users.

Bitso Details
Discussions
Bitso Community
Languages Supported
English, Portuguese, Spanish
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Product Description

Bitso set out to bring the potential of cryptocurrencies to Mexico and LATAM.


Seller Details
Seller
Bitso
Year Founded
2014
HQ Location
México, MX
Twitter
@Bitso
127,100 Twitter followers
LinkedIn® Page
www.linkedin.com
679 employees on LinkedIn®

Rafael A.
RA
Overview Provided by:
SEO Manager at Bitso

Recent Bitso Reviews

Gia H.
GH
Gia H.Small-Business (50 or fewer emp.)
5.0 out of 5
"Great and fast"
It is extremely fast and easy to work with, I have never had issues with any transfers and now they allow me to convert to other currencies more ea...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"One of the best crypto investment app"
The mobile application for this product provides support for more than 50 cryptos which is convenient. also having good level of security and great...
Oscar G.
OG
Oscar G.Mid-Market (51-1000 emp.)
4.0 out of 5
"Does what it offers"
It makes the world of Crypto easier to understand.
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

Bitso Media

Bitso Demo - Invest in crypto easily
Buy bitcoin, ether, digital dollars, and many other cryptos in a few clicks.
Bitso Demo - Invest with Bitso for peace of mind
We offer free insurance for your crypto.
Bitso Demo - Start owning USD-paired crypto
At Bitso you can buy and own digital dollars, protecting and diversifying your investments.
Answer a few questions to help the Bitso community
Have you used Bitso before?
Yes

13 out of 14 Total Reviews for Bitso

4.4 out of 5
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13 out of 14 Total Reviews for Bitso
4.4 out of 5
13 out of 14 Total Reviews for Bitso
4.4 out of 5

Bitso Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Karla L.
KL
sales manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Bitso?

I have it linked to my investments account and I get my payments done automatically to the bitso wallet. It gives you the ability to program sells of my bitcoins at the price I want, so I'd be automatically sell whenever they reach that value. I use it once a month for my transactions and after some months, I learned how to use it. Review collected by and hosted on G2.com.

What do you dislike about Bitso?

is not that user friendly, so i got to play a lot with the buttons to understand what i could do and sometimes is sensitive because is money. For customer support, you go to a chatbot and then to send an email to a representative, which sometimes is not the ideal since the response can take up to 1 day. Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

My main concern is the exhange rate between bitcoins and mexican pesos ir very volatile, so I like that the app allows you to program the sell at the value you want so it's done automatically so I dont waste time entering every 30 minutes to the platform to check the price of my bitcoins. Review collected by and hosted on G2.com.

Miguel A.
MA
Gerente operativo
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic Review from User Profile
What do you like best about Bitso?

Young and innovative platform, they take the user experience a lot into account and focus on reducing the friction of first-time users. Review collected by and hosted on G2.com.

What do you dislike about Bitso?

Precisely because it is a young platform, it still lacks more advanced options and services and integrations to other platforms. Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

For the Mexican market, it provides options to participate in cryptocurrency markets, and also offers mechanisms for legal and fiscal compliance for exchanging cryptocurrencies with fiat currency. Review collected by and hosted on G2.com.

Gia H.
GH
Tenant services administration
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Bitso?

It is extremely fast and easy to work with, I have never had issues with any transfers and now they allow me to convert to other currencies more easily than before Review collected by and hosted on G2.com.

What do you dislike about Bitso?

Perhabs, I would love to have a static address, I know the "old" ones can be used but would feel more comfortable just having one. Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

International tranfers Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bitso?

The mobile application for this product provides support for more than 50 cryptos which is convenient. also having good level of security and great UI/UX Review collected by and hosted on G2.com.

What do you dislike about Bitso?

as of now not found anything as this app provides every thing which is required for this kind of apps Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

This app solves the problem that no need to install multiple apps for different cryptocurrencies as this app provides support for more than 50 cryptos Review collected by and hosted on G2.com.

Oscar G.
OG
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bitso?

It makes the world of Crypto easier to understand. Review collected by and hosted on G2.com.

What do you dislike about Bitso?

While it helps you get into crypto, there is still a large learning curve. Better help for beginners getting into investing in crypto would be appreciated. Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

Access to a crypto wallet Review collected by and hosted on G2.com.

RM
Arts and Crafts
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bitso?

Their security measures give me a sense of peace and reassurance. While there is room for improvement such as lowering commissions and offering cryptocurrencies. Review collected by and hosted on G2.com.

What do you dislike about Bitso?

Bitsos currency options are inconvenient for users as it only accepts a few currencies. Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

Bitso is cashing out crypto in Mexico. we have benefited from converting our crypto into fiat currency using their platform. They provide unmatched enabling transactions and quick access, to funds. Review collected by and hosted on G2.com.

David G.
DG
Software Engineer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Bitso?

I honestly use it to transfer funds, buy XRP and send it to binance to do my actual purchases. It works well for that purpose. UI is very clean and intuitive. The app guides you through anything you want to do. The number of available coins has grown a lot. They recently added Bitso+, where you can earn some yield by having bitcoin or stable coins. I think it's a good conservative option to make some gains. Review collected by and hosted on G2.com.

What do you dislike about Bitso?

Their security feels good to me. Regardless, I know people whose account has been hacked and emptied, which has made me think twice about signing up for Bitso+. Review collected by and hosted on G2.com.

Recommendations to others considering Bitso:

If you can't transfer funds directly to other exchanges, this might be a good option. Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

It's a gateway wallet for me. Helps me get my funds to binance without paying any fees. You set it up once and repeating the process is very straightforward after that. Review collected by and hosted on G2.com.

AS
Customer Service Ops
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Bitso?

Having a safe crypto wallet is very important to me. Bitso supplies a safe way to buy and sell crypto currentcy. Review collected by and hosted on G2.com.

What do you dislike about Bitso?

The amount that is required to start the account is higher than most crypto wallets. Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

Safe crypto wallet to hold currentcy. Review collected by and hosted on G2.com.

Noe Fernando V.
NV
Marketing
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bitso?

Its simple design makes navigating a whole lot easier to understand as well as the way you can simply buy and sell on the app, it allows very minimum transactions when buying and selling crypto coins. Review collected by and hosted on G2.com.

What do you dislike about Bitso?

When using Bitso to sell your cryptocurrency, it has high commissions we have to pay to sell, lowering these commissions could be an improvement for their users. Review collected by and hosted on G2.com.

Recommendations to others considering Bitso:

Bitso is a great option if your looking to get into the crypto world and use cryptocurrency, its user interface helps put a lot when using it for the first time, and it's very easy to use Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

We are looking into bitso to use it as an option to pay our employees, we buy from bitso and transfer it to their digital wallets. It's still in evaluation and almost ready to implement. Review collected by and hosted on G2.com.

Alvaro A.
AA
Front End Developer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
What do you like best about Bitso?

Bitso is very friendly and makes everything very simple for beginners, you can understand what you are doing in minutes and start your journey, and the number of things you see on the screen is simplified as opposed to other platforms. Review collected by and hosted on G2.com.

What do you dislike about Bitso?

The initial inversion thresholds are very low so high-power investors can get frustrated at this at the beginning as getting a higher threshold can get complicated. Review collected by and hosted on G2.com.

What problems is Bitso solving and how is that benefiting you?

The gatekeeping of investing in crypto is a real thing and Bitso can bypass this by simplifying the investment process and letting the user build their own portfolios easily. Review collected by and hosted on G2.com.