The rapid growth of cryptocurrencies has significantly boosted Argentina's fintech industry. Digital currencies offer a practical alternative amid local economic challenges, such as the constant devaluation of the peso and high inflation. This is where exchanges excel, fostering a thriving market for crypto assets and other derivatives.
These platforms have played a vital role in developing the sector by promoting the use and adoption of major cryptocurrencies like Bitcoin. Below, we present a list of nine standout local exchanges, trading platforms, or "brokers" in Argentina.
Please note: This article focuses exclusively on local exchanges and does not include international platforms like Binance, Coinbase, or Kraken.
Top Local Exchanges: Features and Useful Information
Here is practical information to help you compare these nine local exchanges based on your needs.
We encourage you to share your experiences in the comments if you’ve already used any of them!
Let'sBit
Originally launched as Qubit Brokers in 2017, Let'sBit rebranded in 2020 with a stronger focus on cryptocurrencies.
Although it functions more like a virtual wallet, we’ve included it because it also offers exchange-like features. Users can buy dollars without limits, earn daily yields, purchase cryptocurrencies, pay over 6,500 services via PagoMis Cuentas, and more.
Let'sBit offers a Mastercard with no maintenance fees. Users can create multiple virtual cards to manage spending easily. Although it’s a prepaid card, it supports automatic debits, which is a useful feature.
The platform also provides an OTC service called Let'sBit Desk for transactions exceeding $10,000.
Fiwind
Fiwind supports popular cryptocurrencies at competitive prices in pesos. It offers automatic deposits and withdrawals and integrates with the Lightning Network. The platform also provides interoperable QR code services and a section for earning yields on crypto assets.
There are no account opening costs or ongoing service fees, making it ideal for users who trade across multiple exchanges.
Fiwind’s OTC service allows individual transactions above $15,000. Approval requires having at least double or triple the transaction amount available in your account.
Notably, users as young as 13 can open an account with parental authorization—a unique feature. Businesses can also register as legal entities, which is helpful for companies managing crypto operations and dollarized digital portfolios.
Users can trade between cryptocurrencies without limits. However, buying crypto with pesos or dollars is subject to monthly and annual limits, depending on your verification level: Gold, Platinum, or Black.
Supported cryptocurrencies include USDT, USDC, DAI, SOL, BTC, ETH, BNB, ADA, DOT, and MATIC across multiple networks like Bitcoin, Lightning, TRC20, ERC20, BSC, Polygon, Arbitrum, Optimism, Cardano, and Solana.
Dollar deposits and withdrawals must be to/from an account in your name. For other currencies, you can send and receive to/from third-party accounts—a advantage over many competitors. Note that USD deposits take slightly longer than ARS deposits.
Another great feature: sending crypto and ARS between Fiwind users is instant and free.
Fiwind also offers a Mastercard for use in stores, Apple Pay, and Google Pay. Be aware that international purchases may incur additional taxes.
TiendaCrypto
TiendaCrypto aims to be the simplest place to buy and sell cryptocurrencies. It supports three networks for crypto deposits/withdrawals: Ethereum (ERC-20) for ETH, DAI, and USDT; BNB Chain (BEP-20) for USDT, DAI, BUSD, USDC, BTC, ETH, SOL, BNB, and MATIC; and Polygon (MATIC) for USDT and MATIC.
One notable detail: ETH deposits require a minimum of $100.
Unlike some exchanges, only the account holder can withdraw or deposit funds.
Trading limits are set at 2 million ARS monthly and 3 million ARS annually. Users can increase these limits by submitting additional documentation. Limits in USD are approximately $5,500 monthly and $8,200 annually.
ArgenBTC
Based in Rosario, ArgenBTC allows users to buy and sell cryptocurrencies via its app, website, or physical points of sale.
Operating since 2014, the platform offers 24/7 customer support for a secure and straightforward experience.
Unlike comprehensive trading platforms, ArgenBTC focuses exclusively on buying and selling cryptocurrencies. Published prices include a minimum 0.5% commission.
The exchange supports Bitcoin, Ethereum, DAI, and USDT Tether. Users can fund accounts via bank transfers (which require confirmation) or instant payment coupons through the PlusPagos network.
Other features include fee-free transfers between users and the ability to pay utility bills and taxes securely with crypto. ArgenBTC also offers DeFi strategies to grow crypto holdings periodically.
Note: Withdrawals in pesos and crypto, along with identity verification, are subject to specific hours and days, which may limit flexibility. However, support is available via social media channels.
Buenbit
With over 700,000 users at the time of writing, Buenbit operates in Colombia, Peru, and Mexico, in addition to Argentina.
With more than five years in the market, Buenbit positions itself as an investment, savings, and credit platform. It offers a Mastercard accepted at over 2 million establishments.
Supported cryptocurrencies include BTC, DAI, ETH, USDT, USDC, MATIC, AVAX, DOT, FTM, ADA, AXS, BNB, NUARS, NuPEN, BUSD, RIF, RBTC, and RDOC across Bitcoin, Ethereum, Polygon, and BNB Chain networks.
The Mastercard’s spending limit adjusts based on verifiable income and fund sources. Users also earn up to 2% cashback in their chosen cryptocurrency. The card has no maintenance or account opening fees.
Users can send funds instantly between Buenbit accounts using Buetag. While daily withdrawal limits exist for crypto and fiat, the platform offers flexibility to increase them.
A standout feature is the goal-based structure, allowing users to set financial targets with deadlines and organize portfolios into separate accounts for better yield management.
Satoshi Tango
A pioneer in Latin America, Satoshi Tango has over eight years of experience and 800,000 users.
Its landing page features a 20-page guide on Bitcoin, covering the history and evolution of money—worth a read.
Operating in Argentina, Brazil, Chile, and Peru, Satoshi Tango offers over 20 tokens for trading. The platform provides a prepaid Visa card for in-store and online payments without maintenance fees.
There are no limits for ARS deposits via CVU, but credit card deposits require a minimum of 500 ARS and cap at 200,000 ARS. For other currencies, check their comprehensive FAQ section.
The exchange offers passive investment services, allowing crypto holdings to generate yields. There are no account opening or maintenance fees, but trading fees apply: 1% for crypto/fiat transactions and 0.5% for crypto-to-crypto trades.
Lemon
Lemon describes itself as a gateway to a new economy. It’s one of the most popular brokers, recognized by NewsBTC as one of the most intuitive and user-friendly crypto platforms in Latam.
It was among the first to popularize prepaid cards with cashback, offering a Visa card with up to 2% return.
Thanks to creative marketing and robust savings/investment services, Lemon has gained significant popularity in Argentina and Latam, making it one of the country’s largest exchanges.
Its WIKI section provides valuable educational content aimed at mainstream crypto adoption. The platform has also built a strong community, including a Telegram channel with over 22,000 members in Argentina.
The Lemon Earn feature lets users invest tokens in DeFi protocols for weekly earnings—ideal for portfolio management. Lemon Cash supports 25 tokens across more than 10 blockchains, making it one of the most versatile local exchanges.
Ripio
One of Argentina’s first crypto fintechs, Ripio supports over 15 tokens and offers six main products: Ripio Wallet, Ripio Card, Ripio Trade, Ripio Portal (Web3 wallet), Ripio Select (OTC desk), and Ripio B2B.
Its Visa contactless card offers 2% cashback in UXD tokens when paying with crypto. Like others, it has no maintenance fees.
Ripio’s guides and tutorials (beginner to advanced) are well-detailed and regularly updated. Its video section is also more current than many competitors, keeping the platform at the forefront of the industry.
Ripio leads the crypto ecosystem in Latin America with 11 years in the market and over 10 million users. It operates in eight countries: Argentina, Brazil, Uruguay, Colombia, Mexico, Chile, the US, and Spain.
In 2023, Ripio launched LaChain, a blockchain developed for Latin American market needs, and Criptodólar UXD, the first dollar-linked stablecoin created by Latinos for Latinos.
Decrypto
Decrypto is an Argentina-based investment exchange and wallet targeting the Latin American market.
It offers attractive annual yields: 4% for Bitcoin and Ethereum, and 7.5% for USDT.
Its OTC desk facilitates international transfers, payroll payments, secured credits, and API integrations. Currently, services are available in Argentina, Peru, and Colombia, with fees varying by country.
After a decade in operation, Decrypto has over 1,000 registered businesses and $180 million in trading volume.
Frequently Asked Questions
What is a cryptocurrency exchange?
A cryptocurrency exchange is a platform that allows users to buy, sell, and trade digital currencies. It acts as an intermediary, providing liquidity and security for transactions. Local exchanges often support native payment methods and comply with regional regulations.
Why use a local exchange in Argentina?
Local exchanges typically offer easier deposit and withdrawal options in Argentine pesos, lower transaction fees for local payment methods, and customer support tailored to the region. They also help users navigate local economic challenges like inflation and currency controls.
Are local exchanges safe?
Reputable local exchanges implement security measures such as two-factor authentication (2FA), cold storage for funds, and regulatory compliance. Always research an exchange’s security practices, user reviews, and regulatory status before using it.
Can I use multiple exchanges?
Yes, many users diversify across multiple exchanges to access different features, assets, or yield opportunities. This can also spread risk and increase flexibility in managing crypto portfolios.
What are OTC services?
Over-the-counter (OTC) services allow for large trades (often $10,000+) executed directly between parties outside the public order book. This minimizes market impact and offers personalized pricing for high-volume traders.
How do I choose the right exchange?
Consider factors like supported cryptocurrencies, fees, security features, user interface, customer support, and additional services like cards or earning programs. Your choice should align with your trading frequency, investment goals, and preferred payment methods.
Conclusion
While other exchanges operate in Argentina, the nine listed here are excellent choices for trading cryptocurrencies. We will update this list with new platforms in the future. For real-time price comparisons, you can check external monitoring tools.
👉 Compare real-time exchange rates
Remember to conduct your own research and choose platforms that best suit your individual needs and risk tolerance. The dynamic crypto landscape means features and offerings can change, so stay informed through official channels and community updates.