For the longest time now, buying, selling and trading cryptocurrencies has been difficult in Colombia due to a lack of banks allowing transfers to and from exchanges. Ever since the Superintendencia Financiera de Colombia launched a pilot program allowing banks to experiment with crypto exchanges, new avenues have opened up to Colombians to participate in this industry.
I’m going to share with you a couple of the best crypto exchanges you can use today if you live in Colombia.
Binance is one of the biggest exchanges in the world and has been one of the few ways to purchase crypto in Colombia through P2P trades. Now with a partnership through Davivienda, this has become much easier. Binance also offers numerous financial tools and ways to invest your money.
Buda is one of the largest crypto exchanges in all of Latin America. It is the safest and most convenient site to buy and sell Bitcoin, Ethereum and other Cryptocurrencies. Buda also has a partnership with Banco de Bogota.
Bitso is another common exchange that is operating in Colombia, where you can buy and sell Bitcoin or 29 other cryptocurrencies. Bitso Transfer also allows you to easily send someone money or make payments. They are also in partnership with Banco de Bogota and expanding services.
Gemini is one of the most well secured exchanges in the world, created by the Winklevoss twins. They are quickly looking to expand into Colombia through a partnership with Bancolombia. This is very important because Bancolombia is the largest bank in Colombia.