Page Summary
This article shares valuable information about the best crypto exchanges in Chile. We have tested 133 cryptocurrency exchanges in 8 distinct categories. We analyzed all aspects of their service, including platforms, apps, fees, deposits & withdrawals, asset portfolios, liquidity, customer service, and security.
Cryptocurrency trading platforms with the best scores are in the list below.
Top 6 Crypto Exchanges In Chile
- Gemini – is the best crypto exchange in Chile.
- eToro – Great copy trading tool, regulated by top tier one authorities.
- KuCoin – Limited portfolio, competitive prices.
- Bittrex – Competitive trading fees.
- Bitstamp – Low trading fees.
- Crypto.com – Excellent portfolio and trading app.
Best Crypto Exchanges In Chile – List
| Exchange | Overall Score | General info | Fees (Maker/Taker) | Spot Volume (BTC) | |
| #1 | Gemini | 4.5 | Best crypto exchange | 0.01%/0.00% | $808,571 |
| #2 | eToro | 4.9 | Great copy trading tool | 1%/1% | $2,739,612 |
| #3 | KuCoin | 4 | Limited portfolio, competitive prices | 1.8%/2.75% | $68,571 |
| #4 | Bittrex | 4.7 | Offers competitive trading fees | 0.16%/0.1% | $23,118,221 |
| #5 | Bitstamp | 2.3 | Low trading fees | 0.16%/0.16% | $13,764,224 |
| #6 | Crypto.com | 4.3 | Excellent portfolio and trading app | 1.99%/1.99% | $451,706,550 |
This section below breaks down the best crypto trading platforms in Chile, beginning with the best rated…
1. Gemini – Best Overall Crypto Exchange In Chile
Gemini is a popular cryptocurrency exchange that focuses on industry-leading security features. It offers a versatile trading platform with an intuitive design and straightforward tools. Gemini has a good asset portfolio with 103 crypto coins.
This exchange provides access to a proprietary in-house hot wallet. It is a premium safety measure that protects users’ funds in case of a security problem. Gemini has high trading fees and no hidden costs.
Pros
- Well regulated
- Highest security standards
- Trading platform is easy and intuitive to use
- Very good crypto wallet
- Very good mobile application
Cons
- Derivatives are not available
- Trading fees are above industry average
- Slow customer support
Key features
- Spot crypto trading
- It an online crypto wallet where you can buy, sell, store and exchange most popular cryptocurrencies
- Automated trading
- Gemini pay service
- Provide set of services for corporations, wealth and asset managers and hedge fund managers
- Proprietary Gemini USD token
2. eToro – Best Crypto Exchange With Fast Execution
Min Deposit: $200
Fees: 4.8
Assets available: 4.8
Total Fees:
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. eToro AUS Capital Ltd ACN 612 791 803 AFSL 491139. OTC Derivatives are speculative and leveraged. Not suitable for all investors. Capital at risk. See PDS and TMD
eToro is a well-known brokerage firm with outstanding social trading tools and services. It offers access to its own exchange. This exchange provides powerful features and tools, including APIs, fast execution, margin trading, and fiat deposits in USD. eToro supports 42 different digital coins.
eToro is a secure provider with top-tier licenses from financial authorities. It uses the best safety protocols for its platforms and has a good reputation. The minimum deposit fee at eToro is $200.
Pros
- Access to over 4000+ tradable symbols
- Great overall market coverage
- Easy to use mobile trading app and platforms
- Industry leading social/copy trading app
- Great cryptocurrency trading features
- Responsive customer support
Cons
- Algorithmic trading not available
- Forex and CFD fees above industry average
- Education and research tools missing
Key features
- Sophisticated social-copy trading features
- Multiple different payment options
- Crypto exchange and brokerage services on the same dashboard
- Super fast registration and KYC on-boarding process
- Zero commission stock trading
- Great ease of use level
3. Kucoin – Best Exchange With Competitive Prices
KuCoin is a top centralized exchange available in 200 countries worldwide. It provides a wide range of coins, staking, futures, and margin trading. KuCoin has a simple fee structure and doesn’t charge hidden fees. New account holders receive free USDT coins for their first deposit of over $500.
KuCoin is a safe exchange with a simple platform. It offers access to standard crypto trading tools and has a limited portfolio.
Pros
- Great offer of different trading instruments
- Very competitive trading fees
- Easy sign-up process
- Very good trading platform
- Very good educational resources
- Very good choice of deposit and withdrawal methods
- Very good trading volumes
- Great mobile trading platform
- Never being hacked
Cons
- Limited choice of deposit and withdrawal methods
- Suffered a major hacking incident in 2020
- Not regulated
Key features
- Spot and margin crypto trading
- P2P (Peer-to-peer) crypto trading available
- Trading platform integrated with tradingview; automated trading available
- Beginner zone – Educational resources for trading beginners
- Staking, loans, Crypto earn, cloud mining
4. Bittrex – Best Centralized Exchange With Competitive Fees
Bittrex is a top centralized cryptocurrency exchange with competitive trading fees. It has a transparent fee policy with affordable trading commissions. Bittrex has a daily trading volume of $300 million.
This crypto-to-crypto exchange has a digital wallet service, automated trading, and advanced security. Bittrex offers a proprietary app available on iOS and Android devices. This app comes with a user-friendly design, but it might be difficult to learn for beginners.
Pros
- Great choice of trading instruments
- Very good trading platform
- Very good security standards
- Good choice of deposit and withdrawal methods
- Very good mobile trading platform
- Easy signup process
Cons
- No margin trading (Crypto derivatives)
- Being hacked previously
- Limited customer support
- Trading fees are higher than average
- Lacking some advanced features (savings, staking …)
Key features
- Spot Crypto trading
- Trading platform integrated with tradingview; automated trading available
5. Bitstamp – Best Exchange With Low Trading Fees
Bitstamp is a reputable exchange popular for its competitive fees and intuitive platform suite. It has varying fees depending on the coin you trade. Bitstamp has a minimum trade of $20 and is a top choice for traders at all levels.
Bitstamp has a reliable and intuitive mobile trading app. It comes with advanced features and sophisticated trading tools. Bitstamp is a high-rated mobile app available on Android and iOS. It has a good coin selection but doesn’t offer every popular coin.
Pros
- Well regulated
- One of longest standing crypto exchanges
- Very good trading platform (integrated with trading view)
- Beginner friendly trading interface
- Great mobile application
- Good choice of deposit and withdrawal options
- Very good customer support
Cons
- Limited list of supported currencies
- No margin trading (crypto derivatives)
- Complex KYC and verification process
- 2015 hack resulted in the loss of $5.2 million worth of BTC
- Higher fees for credit card deposits
Key features
- Spot crypto trading
- Crypto earn (staking)
- Trading platform integrated with tradingview; automated trading available
- Offers services to brokers, prop traders, banks, neo banks, hedge funds
6. Crypto.com – Best Exchange Trading App
Crypto.com has a good reputation and a long track record in the industry as a secure mobile trading app. It is a modern and fast-adapting crypto exchange. It offers NFTs, staking, e-wallets, and crypto trading.
The Crypto.com trading app is well-designed and has an intuitive interface. Crypto.com has competitive trading fees with access to extra bonuses. This exchange offers 250 different cryptocurrencies.
Pros
- Highest security standards
- Great offer of crypto trading instruments
- Very good trading platform
- Very good research and educational tools
- Very good mobile trading application
- Very good wallet
Cons
- Slow customer service
- Very complex fee schedule (if you do not hold Cronos tokens fees are high)
- Difficult to navigate
Key features
- Spot and margin crypto trading
- Crypto payments
- Crypto.com Visa Credit Card
- Staking, crypto loans
- Proprietary Cronos tokens
How To Choose A Crypto Exchange?
To choose a crypto exchange, you need to consider costs, deposits & withdrawals, apps, platforms, customer service, asset portfolios, liquidity, and security.
Fees: We recommend you don’t use the services of exchanges with high fees on trades and hidden costs.
Trading Platforms: An intuitive, easy-to-use exchange platform contributes to an excellent online trading experience. Choose a platform with fast executing trades and access to many trading tools.
Mobile Trading: Apps need to offer the same trading experience as their web versions. Search for an app that provides the same tools and services as its other versions.
Deposits & Withdrawals: Pick an exchange with access to your preferred deposit and withdrawal funding options with low costs.
Assets: We recommend you choose a platform with the best asset coverage. Crypto traders should avoid exchanges that don’t offer popular altcoins, such as Ethereum, Tether, Polygon, and Cardano.
Customer Support: Traders should search for a platform with knowledgeable and professional customer service available in their language.
Liquidity: Look for platforms with high liquidity and trading volumes. This will guarantee you will be able to sell your cryptocurrencies.
Security: Focus on exchanges with top-tier licenses, proof of funds, and a good reputation. Choosing an exchange with a clean track record of hack attacks is best.
*Safety Risks For Chilean Citizens
Trustworthy cryptocurrency exchanges for Chilean citizens are government-regulated and have trading licenses. Larger exchanges are on stock exchanges and have banking histories.
Regulation Of Cryptocurrency Exchanges In Chile
The Financial Market Commission (CMF) oversees online trading activities in Chile. All Chile-based exchanges and platforms have to request authorization from the CMF. Crypto exchanges with headquarters outside Chile don’t need to request authorization from the CMF.
Is Crypto Trading Legal In Chile?
Cryptocurrency trading is legal in Chile. The Central Bank of Chile underlined that crypto coins aren’t legal tender, and businesses cannot accept them as payment. Cryptocurrency sales gains might be subject to taxation under Chilean law.
How To Start Trading With – Gemini
Gemini is a secure exchange with powerful safety protocols and a competitive fee structure. It offers access to a good asset portfolio and well-designed platforms. The steps you have to follow to start trading with Gemini are below.
Step 1: Access the Gemini official website
Open up the Gemini official website under this link here: https://www.gemini.com.
Step 2: Click on the “Get Started” button
Click on the “Get Started” button and fill in the requested information to create an account.
Step 3: Verify your Gemini account
To buy cryptos using Gemini, you need to create an account, verify your account, and make a deposit. This will let you use the account for buying, holding, and selling crypto coins.
Step 4: Buy cryptocurrencies with Gemini
You don’t have to purchase the whole coin to own a cryptocurrency. You can buy, hold, and sell fractions of each asset.
Conclusion
We recommend Gemini as the best crypto exchange for Chilean crypto traders. They offer excellent crypto trading services with transparent fees, helpful trading tools, and an intuitive platform. eToro comes in second based on its low fees, great social trading tools, and tradable assets.
FAQ
What Is A Centralized Crypto Exchange?
A centralized crypto exchange is a company that follows strict rules and offers secure platforms for crypto trading activities. Centralized exchanges are secure and provide powerful trading solutions. These request verification and identification under the Know Your Customer rule.
What Is A Decentralized Crypto Exchange?
A decentralized crypto exchange (DEX) is an exchange service provider with no central control point. A DEX works as a server and stores an exact copy of the entire exchange on different devices. DEXs. Use an “automated market maker protocol” and user-generated liquidity pools. These exchanges don’t need a central trading desk and are risky.
How To Buy Crypto Coins Through An Exchange?
You should buy crypto coins through a centralized exchange. Centralized exchanges allow you to buy cryptos with fiat money from a bank account or credit/debit card deposit. These exchanges offer tools for swapping fiat money into digital assets.
Is Crypto Accepted In Chile?
Yes, citizens of Chile are allowed to convert and buy cryptos with fiat money. The primary payment method available is the debit card.
Is Crypto Mining Legal In Chile?
Yes, crypto mining is legal in Chile.
Which Crypto Wallet To Use In Chile?
There are different crypto wallets available in Chile. For example, a top user-friendly wallet app is ZenGo. It is available on Android and iOS devices and offers secure services for traders in Chile.
Is Bitcoin Available In Chile?
Yes, traders in Chile buy Bitcoin with bank transfers, credit cards, debit cards, or wire transfers with a secure exchange.
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.