https://ift.tt/jXTYrmx to Buy Bitcoin in Peru?

How to Buy Bitcoin in Peru?

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Easiest and cheapest ways to buy crypto in Peru

No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Peru is a bit harder than in some other countries so we have compiled a list of exchanges where Peru citizens can buy bitcoin.

Regulated & high liquidity

How to Buy Bitcoin in Peru?

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

Founded in 2011 in San Francisco, California, Kraken is one of the oldest and largest crypto exchanges in the business. This centralized cryptocurrency exchange allows its users to quickly and securely buy and sell over 90 cryptocurrencies.

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Currently, 4 million users in over 170 countries worldwide use Kraken’s services (excluding Washington and New York in the U.S). Kraken is registered under FinCEN in the United States. Β Besides buying and selling crypto, this exchange also supports margin trading, OTC trading, market, and stop-loss limit order, staking, limit, futures, take profit market order, and more. It is an easy-to-use exchange and an ideal platform for secure, safe, and fast transactions.

⚑ Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
⚑ Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (Β₯20) – Japan onlyCAD EFT Withdrawal ($10 CAD)
⚑ Trading fees:
Maker: 0.16%Taker: 0.28%
⚑ Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
⚑ Supported fiat:
USD, EUR, GBP, JPY, CAD

Β  Available almost worldwide
Β  High security
Β  Over 90 cryptocurrencies
Various payment methods

Fees slightly above the industry average
No tax support

Regulated & high liquidity

How to Buy Bitcoin in Peru?

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, RUB

Cex.io is one of the older centralized cryptocurrency exchanges that is still going strong, adding new coins and features to its trading platform every month. Founded in 2013, this exchange is one of the oldest Bitcoin exchanges. Cex.io is based in London, UK.

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Today, Cex.io is available in more than 180 countries around the globe. It is registered with FinCEN, and it applies AML (anti-money laundering) and KYC (know your customer) policies. Cex.io supports fiat to crypto purchases, spot trading, margin trading, staking, leverage, lending, and savings.

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 0.25 %
⚑ Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
⚑ Supported fiat:
USD, EUR, GBP, RUB

Β  Regulated and licensed
Β  Over 4 million users worldwide
Β  Fast support
Various payment options

Just 4 fiat currencies are available
Extensive Verification Process

Established & high liquidity

How to Buy Bitcoin in Peru?

Binance

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, AUD, RUB

Over 30 million users worldwide and more than $15 billion in daily trading volume make Binance the world’s largest centralized cryptocurrencies exchange. Originally from Hong Kong and now from the small European island of Malta, this exchange was founded in July 2017, and it quickly became the most used exchange on the market. Binance is supported in 60+ countries (excluding the U.S).

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On Binance, you can buy, sell, and trade a large number of cryptos with low fees. Two Factor Authentication, cold storage, and multi-sig wallets provide Binance users excellent security. It is considered one of the most secure cryptocurrencies exchange in the crypto sphere. Binance supports spot trading, margin trading, P2P trading, futures, earn (locked savings, fixed savings, yield farming, and DeFi staking), mining, and staking pools. You can trade more than 350 cryptos and over 1300 trading pairs.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.1%
⚑ Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
⚑ Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more

Β  Low fees
Β  High liquidity
Β  Lite and Pro version
350+ cryptos and 20+ fiat currencies

Not accessible to U.S. users
Hacked in 2019

Best Bitcoin Wallets in Peru

It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets. The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.

Bottom Line
Pros
Cons
ZenGo
ZenGo
Mobile


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Bottom Line

ZenGoΒ is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.

Pros

extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account

Cons

No major flaws

Exodus
Exodus
Desktop


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Bottom Line

ElectrumΒ is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux

Pros

One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains

Cons

Not completely open source

Ledger Nano X
Ledger Nano X
Hardware


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Bottom Line

Ledger Nano XΒ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.

Pros

Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet

Cons

Small display
complicated to setup for newbies

Read also:

Regulated & high liquidity

How to Buy Bitcoin in Peru?

eToro

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP + more

eToro is a crypto exchange platform mostly popular for its advanced copy trading feature. Aside from being extremely reliable, eToro is also one of the oldest exchanges in the community; it was launched in 2007 with headquarters in Cyprus.

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The platform supports more than 140 countries, with the US joining the list quite recently. However, there are still some restrictions for US citizens since they can currently only trade cryptos on eToro. Other users are allowed to trade Stock, Forex, Social Trading, CFDs, Index-Based Funds, Cryptos, Indices, and ETFs. As we mentioned, the most popular feature on the platform is copy trading. Users can β€œcopy” trades from other investors and make the same trades in real-time.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
$5
⚑ Trading fees:
0.75 % – 4.9 % spread depending on the cryptocurrency
⚑ Payment Methods:
15+ (Credit Cards, MasterCard, Visa, EWallets, etc.)
⚑ Supported fiat:
USD, EUR, GBP, and 20+ more

Β  Unique features such as Social Trading and β€œVirtual Hub”
Β  Simple interface
Β  Competitive fees
The minimum trade amount is very low

There aren’t many supported cryptocurrencies
American citizens can only trade cryptos on the platform

Regulated & high liquidity

How to Buy Bitcoin in Peru?

Coinmama

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, CAD, AUD

Founded in 2013 in Israel, Coinmama is one of the oldest crypto exchanges in the business. With its current headquarters in Dublin, Ireland, this centralized cryptocurrency exchange allows its users to quickly and securely buy and sell cryptocurrencies.

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Currently, 1.5 million users in over 150 countries worldwide use Coinmama’s services (excluding 11 states in the U.S). Coinmama is registered under The Financial Crimes Enforcement Network (FinCEN) in the United States.

⚑ Deposit fees:
0 – 5 %
⚑ Withdrawal fees:
None
⚑ Trading fees:
2.9 – 3.9 %
⚑ Payment Methods:
Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill
⚑ Supported fiat:
USD, EUR, GBP, CAD, AUD

Β  Available almost worldwide
Β  Mobile App (Android and iOS)
Β  Good for Beginners
Good Support
Various payment methods

A small selection of available cryptocurrencies
Medium fees

Regulated & high liquidity

How to Buy Bitcoin in Peru?

Paybis

πŸ‘› Ease of Use – Easy
πŸ‘› Trading Fees – Average
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, and more

Paybis is a cryptocurrency exchange that offers a safe, secure, stable, and easy to use platform to its users from when it was founded back in 2014.

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With its headquarters in the United Kingdom, Paybis offers a multilingual platform with 9 different languages to choose from English, French, Arabic, Italian, Korean, Spanish, German, and Russian. Paybis supports 180 different countries around the world, and they have 24/7 multilingual customer support. The platform offers only 38 cryptocurrencies, including the most popular ones: BTC, BCH, BNB, ETH, LTC, XRP, USD Tether, etc. Paybis is registered with the Financial Crimes Enforcement Network as an MSB.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
0.99 – 2.49 %
⚑ Payment Methods:
Bank Transfer, Credit/Debit Card, Skrill, and Neteller.
⚑ Supported fiat:
USD, EUR, GBP, and 40+ more

Β  Super easy to use
Β  Excellent customer support
Β  A great resource for crypto education
Transparent fees and fast transactions

A limited number of supported crypto assets
A bit higher trading fees

Established & high liquidity

Localbitcoins

LocalBitcoins

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, and more

LocalBitcoins is one of the oldest P2P online marketplaces where you can buy and sell Bitcoin. It is considered the largest peer-to-peer crypto platform. LocalBitcoins is based in Helsinki, Finland.

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LocalBitcoins was founded by Jeremiah Kangas in 2012. It operates in more than 240 countries worldwide. The platform is a peer-to-peer network that connects sellers with buyers in the local area. Users post ads on the platform in which they state payment methods and exchange rates for purchasing or selling Bitcoins. Then, other users reply to these ads in order to make a transaction. LocalBitcoins has a great reputation in the crypto market and it pays a lot of attention to regulations and security of the platform.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
1%
⚑ Payment Methods:
SEPA, Wire Transfer, Paypal, WeChat, MoneyGram, Credit Card, Debit Card, etc.
⚑ Supported fiat:
USD, EUR, GBP, RUB, and more (most currencies)

Β  It has been active on the crypto market for a very long time
Β  A large number of payment methods
Β  Available worldwide, in all countries

KYC is mandatory
Potentially meeting a person face-to-face might be unpleasant

Trustworthy & high liquidity

kucoin logo

KuCoin

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, EUR, GBP, AUD, CAD + 20 more

KuCoin is widely considered one of the leading exchanges in the crypto world. The exchange was launched in 2017 so it is not a new player on the market. We can safely say that KuCoin is more than an exchange, it is a global crypto platform that offers digital currency trading, exchange, staking, and lending.

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Singapore is where you will find KuCoin’s headquarters. The exchange supports more than 200 crypto-assets and provides bank-level security, a slick interface, and beginner-friendly UX. The native currency of KuCoin is KCS.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0 – 16$ (average)
⚑ Trading fees:
0 – 0.1 %
⚑ Payment Methods:
Debit and Credit card, Apple and Google Pay
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD + 20 more

Β  Easy to use and beginner-friendly
Β  A lot of (advanced) crypto services and features
Β  Competitive fees

It is not regulated
No fiat trading pairs
Not bank deposits

Regulated & high liquidity

coinbase

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – EUR, USD

Coinbase is one of the most popular digital currency exchanges, based in the U.S and boasting over 43 million users.

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Coinbase is one of the most popular digital currency exchanges, based in the U.S and boasting over 43 million users. Headquartered in San Francisco, California, the platform offers both an all-in-one exchange and a wallet, making it one of the easiest starting points with Bitcoin. Coinbase’s wallet and merchant services, which have won the trust of over 43 million users, have their payment platform integrated with more than 48,000 businesses worldwide.

⚑ Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10
⚑ Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.)Coinbase USD wallet: 1.49%Wire Transfer USD: $25
⚑ Trading fees:
Fees vary
⚑ Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more

Β  High liquidity & limits
Β  Great for newcomers
Β  β€œInstant Buy” is available when buying with a debit card

High fees with debit and credit card purchases

Frequently asked questions about buying Bitcoin in Peru

Is Coinbase available in Peru❓

Yes, Coinbase is available in Peru.

Can I buy crypto in Peru❓

You can buy Bitcoin in Peru on any of the exchanges mentioned in this article.

Does Peru have Bitcoin ATM❓

There are no Bitcoin ATMs in Peru, at least not that we are aware of.

Is cryptocurrency legal in Peru❓

Compelling the companies to inform in their contract of services to the user thatΒ cryptocurrencies are not legal tender in Peru.

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