To securely trade cryptos in Uruguay, you must use a reputable crypto exchange fully regulated by the Central Bank of Uruguay (CBU). You also need to consider exchanges that support the Uruguayan Peso (UYU) to facilitate easy deposits and withdrawals for active trading.
In this article, we’ll explore the four best crypto exchanges for users in Uruguay, giving you all the necessary information, including trading fees, supported cryptos, payment methods, and many more, to help you choose the right platform for your needs.
Kindly note that these exchanges are all legitimate and compliant with all the guidelines required for crypto trading by the Central Bank of Uruguay.
Best Crypto Exchanges in Uruguay Reviewed
- MEXC – Best Overall Exchange in Uruguay
- OKX – Largest Crypto Exchange in Uruguay
- Kraken – Oldest Crypto Exchange in Uruguay
- Bitget – User Friendly Derivatives Exchange in Uruguay
1. MEXC
Founded in 2018, MEXC is one of the world’s leading crypto exchanges, offering a wide range of trading services, including spot trading, perpetual futures, copy trading, bot trading, and many more. The platform is very user-friendly and offers users access to over 1600 cryptos for active trading. Users can also leverage up to 200x on derivatives and perpetual contracts.
Unfortunately, MEXC doesn’t support the Uruguayan Peso for deposits and withdrawals. However, the exchange supports various payment methods accessible to Uruguayan traders, including Visa/Mastercard, using various fiat currencies, including USD, EUR, and GBP.
To learn more about MEXC, check out our full MEXC review.
Spot Fees: 0%
Futures Fees: 0% maker/ 0.02% taker
Supported Cryptos: 1600+
Customer Support: 24/7 live chat
Licensed & Regulated: Regulated by FinCEN with MSB license and MTR.
2. OKX
OKX was founded in 2017 and currently ranks as one of the largest crypto exchanges, with over 50 million users across 100 countries. The platform offers users access to over 350 cryptos for active trading.
Another thing about OKX is its wide range of passive income products, including bot trading and copy trading, to help users earn more income while trading on the platform. Users can also access advanced trading tools, including real-time charts and technical indicators. That makes OKX one of the best options for advanced traders.
Furthermore, OKX supports over 80 fiat currencies, including the Uruguayan Peso (UYU), for payments in Uruguay. Payment methods include credit/debit cards, bank transfers, P2P trading, etc. Also, you can easily use the UYU to buy cryptos at low fees through any of the supported third-party payment options, e.g., Simplex.
If you want to learn more about OKX, read our full OKX review.
Spot Fees: 0.08% maker/ 0.1% taker
Futures Fees: 0.02% maker/ 0.05% taker
Supported Cryptos: 350+
Customer Support: 24/7 live chat
Licensed & Regulated: Regulated by FinCEN and FINTRAC.
3. Kraken
Kraken is the oldest crypto exchange for users in Uruguay. The platform implements advanced security measures, including cold storage and encryption, for safeguarding user assets.
Additionally, Kraken supports over 200 cryptocurrencies, including BTC, ETH, and USDT. Users can also access advanced trading tools, including real-time charts and technical indicators, making it an attractive choice for experienced traders.
Although Kraken doesn’t support the Uruguayan peso (UYU) for payments, the platform offers many payment methods for traders in Uruguay. It supports various fiat currencies, including USD, GBP, and EUR. You can buy cryptos using a Visa/Mastercard, bank transfers, ApplePay, GooglePay, and many more at low fees.
To learn more about Kraken, check out our full Kraken review.
Spot Fees: 0.16% maker/ 0.26% taker
Futures Fees: 0.02% maker/ 0.05% taker
Supported Cryptos: 200+
Customer Support: 24/7 live chat
Licensed & Regulated: Regulated by Financial Conduct Authority (FCA), FINTRAC, AUSTRAC, and FSRA.
4. Bitget
Bitget is the best crypto derivatives exchange for traders in Uruguay, offering users access to over 500 cryptocurrencies with leverage of up to 125x on derivatives and perpetual contracts.
The exchange is also well known for its wide range of passive income products, including copy trading, bot trading, crypto staking, and many more. That helps users earn more income while trading on the exchange.
Another thing about Bitget is that it supports Uruguayan pesos for payments on the platform. Users can purchase cryptos with the UYU using various payment methods, including credit/debit cards, Bank transfers, and more.
To learn more about Bitget, check out our full Bitget review.
Spot Fees: 0.1% maker/ 0.1% taker
Futures Fees: 0.02% maker/ 0.06% taker
Supported Cryptos: 500+
Customer Support: 24/7 live chat
Licensed & Regulated: Regulated by FSA, CySEC, and FinCEN with MSB license.
Final Thoughts
In conclusion, we’ve explored the best four crypto exchanges that are fully licensed and regulated for users in Uruguay. If you want to trade cryptos securely in Uruguay, sign up on any reputable crypto exchanges from the list above that meet your needs.
If you’re seeking a platform fully supporting the Uruguayan Peso, Bitget and OKX are the best options. For beginners, Kraken is the best option for Uruguayan traders. However, we recommend MEXC as the best overall exchange for users in Uruguay. It offers over 1600 cryptos, the lowest trading fees, leverage of up to 200x, and bonuses for active traders.
