Bit vs Bitso: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Bit and Bitso This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

Bit

Bitso

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

Yes

United Kingdom

Yes

United States

Europe

Yes

Latin America

India

China

Canada

United Kingdom

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Bit is ideal if:

You want access to a professional-grade platform with advanced derivatives and options for major cryptocurrencies.
You prefer a unified margin account that simplifies collateral management across spot, futures, and options.
You value institutional-level liquidity and infrastructure backed by a reputable global crypto finance group.

Bitso is ideal if:

Latin America–centric users: Tailored for users in Mexico, Brazil, Argentina, and Colombia with local currencies, payments, and regulatory coverage, offering a seamless regional crypto experience.
Beginners who value simplicity: Its intuitive interface and easy onboarding make it a solid entry point for anyone new to crypto trading.
Crypto holders seeking flexible future options: Features like Bitso+ (earnings on your holdings with no lock-ups) and a growing suite of tools make long-term crypto use more rewarding.

Bit isn’t ideal if:

Bitso isn’t ideal if:

…you live outside Latin America: Access and services are focused mainly on countries like Mexico, Argentina, Brazil, and Colombia, limiting availability elsewhere.
…you need a wide range of cryptocurrencies: Bitso’s portfolio is effective for mainstream assets, but lacks the extensive variety offered by larger global exchanges.
…you value fast, hands-on support: Customer service primarily relies on tickets and digital channels, which can result in slower response times when urgent help is needed.

Fees & Total Costs

Spot Maker/Take

BIT uses a tiered fee structure where maker and taker rates decrease as your 30-day trading volume increases, and some users benefit from additional discounts by using the platform’s native token to pay fees.

Bitso applies a tiered maker–taker structure where fees decrease as your 30-day trading volume increases; for instance, in the USD (USDC) market, maker rates range from ~0.25% at low volumes to ~0.04% at the highest tiers, with taker rates starting around 0.30% and dropping to about 0.05%—there’s no native token discount program.

Futures/Derivatives

Futures trades follow a similar tiered model with both maker and taker fees declining as your volume grows; funding rates are dynamic and reflect real-time market demand but are transparently displayed on the trading interface.

maker/taker and funding

Average Spreads on Liquid Pairs

On highly liquid pairs like BTC/USDT and ETH/USDT, typical spreads are very tight, thanks to strong liquidity and professional market infrastructure—even though exact values aren’t publicly listed, they remain consistently narrow.

While Bitso doesn’t publish exact spread figures, available data and reviews suggest it maintains competitive spreads on major, liquid pairs, though not necessarily as tight as ultra-high-volume global platforms.

Fiat Deposits & Withdrawals

BIT’s fiat support is limited, and where offered (e.g. via partners), deposit and withdrawal options—such as bank transfers—exist but with general processing times of hours to days and no fixed fee details publicly disclosed.

methods, fees, timings

On-chain Withdrawals

Crypto withdrawals incur network-based fees that adjust dynamically per blockchain (e.g., BTC, ETH), instead of a flat rate—this means actual costs vary in real time according to network congestion.

fixed vs dynamic fees per network (BTC, ETH, TRX, etc.)

Hidden Costs

There may be subtle costs like currency conversion when trading non-supported stablecoins, inactive account fees, or expedited KYC processing—but BIT emphasizes transparency, and these are minimal or avoidable through regular activity.

currency conversion, inactivity, expedited KYC, etc.

Real-World Cost Example: “€500 BTC

A €500 BTC purchase would include the spot fee (based on your VIP tier), a tight spread typical for Bitcoin, and an on-chain withdrawal fee that fluctuates with network conditions—all combined to present a total cost that remains competitive and transparent.

“Buying €500 in BTC” (fee + spread + withdrawal)

Crypto Offering & Trading Features

Number of Coins & Pairs

BIT lists over 130 cryptocurrencies and around 160+ trading pairs overall, with the top 20 by volume including BTC/USDT, ETH/USDT, SOL/USDT, PEPE/USDT, XRP/USDT and others leading daily activity.

Bitso offers around 100 trading pairs and supports roughly 55–100 cryptocurrencies, with top-volume instruments like BTC, ETH, XRP, SOL, and USDC featuring prominently among the top 20 by liquidity.

Product Range

The platform supports spot, perps (futures), US dollar–settled options, convert/swap, savings/earn, copy trading, block trades, and automated rebalance strategies— all unified under their single account model.

Bitso provides spot trading plus a flexible staking/earn product (Bitso Earn) and fiat-crypto remittances (via Bitso Shift), but it does not offer margin, derivatives (futures/options), ETFs, lending, copy trading, grid bots, or automated DCA strategies.

Liquidity

BIT provides high liquidity and deep order books in major pairs like BTC/USDT and ETH/USDT, backed by institutional infrastructure, yielding tight spreads and strong execution even under heavy volume.

Daily volumes for major pairs like BTC/USDT and ETH/USDT run into the tens of millions USD, offering sound liquidity and stable order-book depth, though not as deep as global mega-exchanges.

Tools

Traders can use limit, market, and OCO orders, set alerts, access advanced charting, leverage TradingView integrations, and connect via robust API/WebSocket endpoints.

Bitso supports market, limit, stop-loss, and stop-limit orders, integrates with TradingView for advanced charting, offers price alerts, and provides robust API/WebSocket access through its Bitso Alpha platform.

Geographic Restrictions by Product

Certain products such as derivatives (futures and options) are restricted in several jurisdictions—including the United States and parts of Asia—depending on local law and platform policy.

Certain advanced features like staking and fiat on-ramps are limited to Latin American residents; derivatives and margin aren’t offered at all, and access is restricted outside these primary markets.

Innovation

BIT continuously launches new offerings like launchpad-style products, evolving earn features with flexible and locked staking options, and expanding USD-settled options across various assets.

Bitso excels with its flexible-earn staking (withdraw anytime, weekly rewards) and has broadened coverage into emerging DeFi space by adding new tokens like HYPE, though it doesn’t currently run launchpads or locked-pool offerings.

Security, Regulation & Custody

Operating Entity & Jurisdiction

BIT is operated by a Seychelles-registered entity established around 2020, headquartered in that jurisdiction, leveraging offshore incorporation to serve a broad global clientele.

Bitso operates under the legal entity Badger Technology Company Ltd, incorporated in Gibraltar, with operations stretching across Latin America since its launch in 2014 out of Mexico City.

Licenses/Registration

It’s registered under the Seychelles Financial Services Authority (FSA) as a crypto-service provider, though it does not hold equivalent licenses under EU MiCA or major markets like the U.S.

The platform holds a pioneering DLT license from the Gibraltar Financial Services Commission and operates in Mexico under the local Fintech law as an authorized payment institution (IFPE).

Custody

Client funds are predominantly held in multi-signature cold storage across multiple continents with institutional-grade encryption; BIT is working toward combining both proof of reserves and proof of liabilities using Merkle-tree verification to enhance transparency.

Bitso uses its own custody infrastructure, reinforced with multi-signature controls and disaster recovery via CoinCover, and offers transparency through real-time security metrics via its Trust Center.

Insurance & Protection Funds

The platform maintains an internal insurance fund—designed to absorb losses in extreme market conditions and support its liquidation system as a layer of fund protection.

Bitso has complemented its digital-asset protection by partnering with CoinCover to provide additional risk mitigation and recovery mechanisms for user funds.

Incident History

BIT has maintained a clean track record with no publicly reported hacks, service suspensions, asset freezes, or regulatory penalties to date.

To date, Bitso has not experienced any known hacks or security breaches, and it has a track record of uninterrupted service without suspensions or major compliance penalties.

Risk Controls

Security measures include mandatory two-factor authentication (2FA), IP and withdrawal whitelists, anti-phishing safeguards, and support for sub-accounts and granular API permissioning to manage operational risk.

The platform enforces robust risk safeguards including two-factor authentication (2FA), phishing prevention, transaction whitelists, and granular API permissions for institutional users.

Transparency

While BIT does not publish monthly audit reports or public wallet lists, it provides insurance fund status updates and aims to establish tools for verifying reserves and liabilities, offering growing transparency to users.

In the interest of openness, Bitso shares live security and compliance metrics in its Trust Center, though it does not produce regular reserve or transparency reports or public wallets.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

BIT supports fiat deposits via bank transfer, credit/debit cards, and e-wallets depending on your region, with minimums and maximums and processing times clearly shown on the deposit screen once you initiate the flow.

Bitso accepts fiat deposits via local bank transfers (e.g., SPEI in Mexico, Pix in Brazil), digital dollars through Payoneer, and in some markets, card deposits; minimum and maximum deposit amounts vary based on local regulations and bank systems, and transfer times generally align with domestic banking hours.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

The KYC framework includes levels like “Basic” and “Advanced” (or equivalent), where unverified users face strict limits or no fiat access, and completing higher KYC tiers unlocks full deposit, withdrawal, and product access.

There are typically three KYC tiers

Withdrawals

Limits, Timing & Networks

Customer Support

BIT offers 24/7 live chat and email support, with a comprehensive help center filled with FAQs and guides; response times vary but generally are prompt—especially for basic queries.

Bitso provides support through live chat and an extensive Help Center ticket system, with response times typically within 24–48 hours and a rich knowledge base to guide users.

Languages & Localization

The platform is native in English (and often other major languages), shows pricing and fees in local currencies like USD/EUR, and tailors certain services according to regional regulatory compliance.

The platform operates natively in English, Spanish, and Portuguese, displays fees in relevant local currencies, and tailors its services to comply with regional legal and regulatory frameworks.

App Quality & Stability

The BIT mobile app is regularly updated on both iOS and Android, designed for smooth performance with minimal crashes, and offers a clean interface that mirrors the web experience.

Bitso’s mobile app (available for iOS and Android) mirrors the web platform in functionality and offers a smooth trading experience with strong user reviews, suggesting stability and regular updates.

Experience, Performance & Ecosystem

UX/UI

The interface is clean and beginner-friendly, offering an intuitive experience without overwhelming the user—advanced options are accessible but smoothly integrated, helping you transition as you grow.

Bitso caters to different skill levels by offering a stripped-down classic mode for newcomers and the more advanced Alpha Pro interface for serious traders—both seamlessly blend intuitive design with enhanced charting and order tools, making the learning curve manageable yet scalable.

Performance

BIT’s matching engine delivers ultra-low latency (under 50 ms), ensuring fast order execution; systems remain stable even during volatility spikes, with KYC processes generally unaffected by market surges.

Bitso’s Alpha Pro is optimized for fast trade execution and generally maintains uptime even during busy periods; however, during bull markets, KYC queues can lengthen, occasionally delaying full access for new users.

Education

While BIT doesn’t have a dedicated academy or simulator, it offers in-platform guides and multilingual content (including Spanish), helping users understand features without external research.

Although Bitso doesn’t offer a trading simulator or demo, it does provide educational content—including guides and insights—in Spanish across its blog and Help Center, making it accessible for Spanish-speaking users seeking self-guided learning.

Community

Users can connect via BIT’s official Telegram and referral programs, enabling peer interactions and rewards, though there’s currently no full-fledged forum or Discord hub.

Bitso fosters community engagement through active channels like official Telegram groups and a referral program, though it doesn’t operate a public forum or Discord server specifically for user discussions.

Integrations

Charts on BIT include TradingView integrations, and the platform supports external tools like copy trading strategies and some basic tax/accounting exports, though comprehensive third-party bot support is limited.

Bitso integrates directly with TradingView, enabling charting and analysis of its full spot-pair range; it also supports external integration via its robust API, though it lacks built-in tax tools or direct accounting integrations.

Who Each One Is Best For

BIT is ideal for those seeking a straightforward yet powerful trading platform—great for beginners who appreciate clarity and for intermediate users who want solid tools without a steep learning curve.

Bitso offers an ideal blend of simplicity and capability for Latin American users—from beginners enjoying the clean interface to intermediate traders accessing Alpha Pro—making it less suited for algorithmic traders, simulator users, or those needing integrated financial tooling.