On this page, you can compare Bitso with LetsExchange. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Bitso was founded in 2014 in Mexico. LetsExchange was founded in 2020 in Seychelles.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bitso. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Bitso is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitso has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
Bitso has 3 languages available, including English, Portuguese and Spanish.
Company | ||
---|---|---|
User rating | 14 user reviews | 13 user reviews |
Cryptogeek rating | ||
Trust Score How it works |
14 user reviews | 13 user reviews |
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors.
But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account.
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
2014 | 2020 |
Mexico | Seychelles |
Centralized | Centralized |
English, Portuguese, Spanish | No data |
iOS, Android | - |
Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 | No data |
1.00% - 0.10% (BTC/MXN) 1.00% - 0.10% (ETH/MXN) 0.80% - 0.10% (XRP/BTC) 0.80% - 0.10% (XRP/MXN) 1.00% - 0.10% (ETH/BTC) 0.50% (BCH/BTC) |
No data |
About |
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors.
But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account.
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
---|---|---|
Founding Date | Founding Date 2014 | Founding Date 2020 |
Country | Country Mexico | Country Seychelles |
Type | Type Centralized | Type Centralized |
Languages | Languages English, Portuguese, Spanish | Languages No data |
Mobile app | Mobile app iOS, Android | Mobile app - |
Full address | Full address Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 | Full address No data |
Fees |
Fees
1.00% - 0.10% (BTC/MXN) 1.00% - 0.10% (ETH/MXN) 0.80% - 0.10% (XRP/BTC) 0.80% - 0.10% (XRP/MXN) 1.00% - 0.10% (ETH/BTC) 0.50% (BCH/BTC) |
Fees No data |
Bitso trading volume is 2,841,151.0. The exchange has 17 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.
LetsExchange trading volume is 0. The exchange has 40000 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
2841151 | 0 |
17 | 40000 |
10 | 200 |
- |
Depends on currency and volume | Free |
Percentage | Transaction Mining |
- | - |
Volume | Volume 2841151 | Volume 0 |
---|---|---|
Pairs | Pairs 17 | Pairs 40000 |
Coins | Coins 10 | Coins 200 |
Fiat trading | Fiat trading | Fiat trading - |
Deposit | Deposit Depends on currency and volume | Deposit Free |
Fees | Fees Percentage | Fees Transaction Mining |
Margin | Margin - | Margin - |
- |
Unverified | Verified |
Two factor authentication | Two factor authentication | Two factor authentication - |
---|---|---|
Verified | Verified Unverified | Verified Verified |
bitso.com | letsexchange.io |
@bitso | @letsexchange_io |
24695 | 6200 |
Website | Website bitso.com | Website letsexchange.io |
---|---|---|
Twitter @bitso | Twitter @letsexchange_io | |
Number of followers | Number of followers 24695 | Number of followers 6200 |
User rating | 14 user reviews | 13 user reviews |
---|---|---|
Cryptogeek rating |
Bitso user rating is 4.3, based on 14 user reviews. LetsExchange user rating is 2.8, based on 13 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
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We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Bitso with LetsExchange. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Bitso was founded in 2014 in Mexico. LetsExchange was founded in 2020 in Seychelles.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bitso. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Bitso is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitso has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
Bitso has 3 languages available, including English, Portuguese and Spanish.