BYDFi
- No ID check needed to trade
- Flat 0.1% spot fee for makers and takers
- Up to 500x leverage on futures
Compare the best crypto exchanges in Mexico for 2026: regulation, MXN deposits and withdrawals, fees, coins, futures and each exchange's main catch.
| Exchange | Spot assetscrypto | Futures assets | Spot feesmaker/taker | Futures feesmaker/taker | Max leverage | |
|---|---|---|---|---|---|---|
| 1. BYDFiVisit | 527 | 228 | 0.1% / 0.1% | 0.02% / 0.06% | 500× | Yes |
| 2. BloFinVisit | 243 | 438 | 0.1% / 0.1% | 0.02% / 0.05% | 150× | Yes |
| 3. MEXCVisit | 1,320 | 614 | 0% / 0.05% | 0% / 0.02% | 200× | Yes |
| 4. BitgetVisit | 507 | 478 | 0.1% / 0.1% | 0.02% / 0.06% | 125× | Yes |
| 5. CoinbaseVisit | 402 | 131 | 0.4% / 0.6% | 0.05% / 0.05% | 10× | Yes |
| 6. BitunixVisit | 546 | 520 | 0.08% / 0.1% | 0.02% / 0.06% | 200× | Yes |
| 7. BybitVisit | 380 | 577 | 0.1% / 0.1% | 0.02% / 0.055% | 100× | Yes |
| 8. KrakenVisit | 679 | 177 | 0.4% / 0.8% | 0.02% / 0.05% | 50× | Yes |
| Exchange | Score | Founded | Headquarters | Founder | CEO | KYC | |
|---|---|---|---|---|---|---|---|
| 1. BYDFiVisit | 7.6 | 2019 | Singapore | Michael Hung | Michael Hung | No KYC | Yes |
| 2. BloFinVisit | 8.8 | 2019 | Cayman Islands | Matt Hu | Matt Hu | No KYC | Yes |
| 3. MEXCVisit | 4.2 | 2018 | Singapore | John Chen | John Chen | Required | Yes |
| 4. BitgetVisit | 7.8 | 2018 | Singapore | Sandra Lou | Gracy Chen | Required | Yes |
| 5. CoinbaseVisit | 7.7 | 2012 | Remote | Brian Armstrong | Brian Armstrong | Required | Yes |
| 6. BitunixVisit | 8.4 | 2021 | Seychelles | Arron Lee | Arron Lee | No KYC | Yes |
| 7. BybitVisit | 9 | 2018 | Dubai | Ben Zhou | Ben Zhou | Required | Yes |
| 8. KrakenVisit | 9.3 | 2011 | San Francisco, USA | Jesse Powell | David Ripley | Required | Yes |
The
Mexico column is checked live against each exchange's restricted-country list.
BYDFi is our top pick for traders in Mexico who want to start without ID checks and trade futures at flat, low fees. Buying and holding crypto is legal in Mexico, but exchanges are not licensed as financial institutions there; they only register with the tax authority (SAT) under anti-money-laundering rules.
For someone in Mexico, the biggest difference between these exchanges is how money gets in and out. Peso accounts are usually funded by SPEI transfer to the exchange’s CLABE number, so look at how each exchange takes deposits and whether you can withdraw anything besides crypto. After that, compare fees, coin choice and each exchange’s security record.
BYDFi lets you open an account and trade without ID checks, and an unverified account can still withdraw up to $50,000 a day. For someone in Mexico who wants a fast start, that comes with 527 coins on spot, futures on 228 assets with up to 500x leverage, copy trading, grid and martingale bots, a futures demo and 18 tokenized stocks. It publishes proof of reserves and keeps funds in cold wallets, so you can check that customer deposits are backed.
Fees are flat: 0.1% for makers and takers on spot, and 0.02% for makers and 0.06% for takers on futures, with no volume tiers or token discounts. You can deposit by bank transfer, card, Apple Pay, Google Pay or providers such as Transak, Banxa and Mercuryo, but withdrawals are crypto only. To turn coins back into pesos, you either sell on its small P2P market, where few vendors can mean worse prices, or send them to another platform.
Bank transfers and crypto deposits are free, while card purchases cost 0.8% and need a verified account. BYDFi launched in 2019, is based in Singapore and was co-founded by its CEO, Michael Hung. Its main weakness is thin spot liquidity, so large market orders on smaller coins can fill at worse prices than you expected.
Key points
Futures are the core of BloFin: 438 coins and other assets have contracts with up to 150x leverage, against 243 coins on spot. If you mainly trade derivatives from Mexico, that gives you a wide menu, along with tokenized stocks, copy trading, AI and grid bots, and a demo account for practice. It shows proof of reserves publicly and holds a US money services registration with FinCEN, which does not cover Mexico.
Spot trades cost 0.1% whether you add or take liquidity, while futures run 0.02% on maker orders and 0.05% on taker orders, with lower tiers as your 30-day volume grows. You can fund with crypto, a card, Apple Pay and Google Pay, or go through Alchemy Pay or Simplex. Withdrawals go out only in crypto or back to a card, so you can't move pesos in or out through your bank account.
ID checks are optional, and unverified accounts can withdraw up to $20,000 a day. BloFin launched in 2019, is based in the Cayman Islands, and its CEO, Matt Hu, is one of its co-founders. It is a relatively young exchange with moderate order-book depth, so big orders on less traded contracts can slip in price.
Key points
Few exchanges list as many coins as MEXC: 1,320 on spot and 614 with futures, so new tokens often appear here first. From Mexico you also get tokenized stocks, ETFs, forex and commodity products, copy trading, bots, staking and up to 200x leverage. Many small listings trade thinly, so check the order book before you put money in.
On spot, makers pay 0% and takers 0.05%, and futures come in at 0% and 0.02%, the lowest futures rates in this ranking. Deposits work by bank transfer, card, PayPal, Apple Pay and Google Pay or through MoonPay and Banxa, and you can withdraw to a bank account as well as in crypto. Paying eligible fees in its MX token takes 20% off.
ID verification is required before you can deposit, trade or withdraw. MEXC dates from 2018 and is based in Singapore; John Chen, a co-founder, runs it as CEO. The catch is its reputation: there are many reported cases of MEXC withholding customer funds, so you could find money frozen, and it's best not to keep more there than you are actively trading.
Key points
Copy trading is Bitget's big draw, and its platform is recognized as the world's largest, so beginners in Mexico can mirror experienced traders automatically. Beyond that you get 507 spot coins, 478 futures markets with leverage as high as 125x, bots, staking, savings, crypto loans and 2,991 tokenized stocks. It publishes verified proof of reserves, so you can check that deposits are backed.
A spot trade costs 0.1% on either side, with 20% off eligible spot fees paid in its BGB token, while futures charge makers 0.02% and takers 0.06%. Money goes in by card, Apple Pay, Google Pay or bank transfer, and its P2P market lets users swap crypto for local money with no added fee. Direct withdrawals to Mexico run in crypto, so P2P is the route back to pesos on the platform.
ID verification is mandatory. Bitget launched in 2018 and is based in Singapore; Sandra Lou is among its co-founders, and Gracy Chen serves as CEO. On 25 September 2026 it reported unauthorized transfers of about $351.6 million from some hot and warm wallets and suspended withdrawals during the investigation; it says cold wallets and user balances are secure and a protection fund of over $464 million covers the loss, but money you deposit now may be stuck until withdrawals reopen.
Key points
Coinbase is a publicly listed company and fully regulated in the United States, which suits you if you want a long-established, closely watched name. It is simple enough for a first purchase, with 402 coins on spot, staking, prediction markets and 131 futures contracts that go up to 10x leverage. There are no copy trading tools or bots, so it fits hands-on buyers more than automated traders.
The price is steep on spot: 0.4% as a maker and 0.6% as a taker, falling only as your monthly volume rises. Futures are cheap at 0.05% for makers and takers. You deposit with crypto, a card or PayPal, and you can withdraw by bank transfer as well as crypto.
ID verification is required, and after more than 6,000 customers had accounts taken over in 2021, two-factor authentication and address whitelisting are the way to protect yours. Brian Armstrong co-founded Coinbase in 2012 and still runs it as CEO; the company works remotely rather than from a single headquarters. Its main drawback is cost, since high spot fees eat into frequent small trades far more than on the cheaper exchanges here.
Key points
Bitunix pairs a no-ID sign-up with the highest unverified withdrawal limit here, $500,000 a day, so you can trade sizeable amounts without handing over documents. It lists 546 spot coins and 520 futures pairs, where leverage reaches 200x, plus forex, index, commodity and stock products. Copy trading, staking, a demo account, proof of reserves and cold wallets complete the package.
Maker orders on spot pay 0.08% and taker orders 0.1%, and futures are priced at 0.02% and 0.06%, with lower rates as volume grows. You can buy crypto by card, bank transfer, Google Pay or Apple Pay, while its P2P market covers over 50 fiat currencies. Withdrawals are crypto only, so P2P is the way back to local money on the platform.
The minimum deposit is $10. Bitunix launched in 2021 and is based in the Seychelles, with co-founder Arron Lee in the CEO seat; it holds a US money services registration and a Philippines SEC licence, neither of which covers Mexico. The main risk is that it's a young offshore exchange with crypto-only withdrawals, so if P2P buyers are scarce you may need another platform to turn coins into pesos.
Key points
Bybit covers more ground than any other exchange here: futures covering 577 assets that you can leverage as far as 100x, options on 8 coins, 380 spot coins and contracts on stocks, forex, indices and commodities. Its P2P marketplace is one of the largest, with over 100 currencies and 300 payment methods, which gives you more ways to trade against local money. Copy trading, bots, staking, loans and a debit card sit in the same account.
Both sides of a spot trade pay 0.1%, and futures are charged at 0.02% to makers and 0.055% to takers, with VIP tiers lowering both. Funding options include bank transfer, card, Apple Pay and Google Pay, along with third-party services such as MoonPay and Banxa, and withdrawals can go out by bank transfer.
ID verification is mandatory. Bybit started in 2018, has its base in Dubai and is led by CEO Ben Zhou, who helped found it. In February 2025 it lost over $1.5 billion in a hack and restored all users' funds within 72 hours, which shows it could absorb a huge loss but also that even the largest exchanges get breached, so keep long-term savings in your own wallet.
Key points
Kraken is the oldest exchange in this ranking and is registered with regulators in the UK, Canada, Australia and Abu Dhabi, though none of those covers Mexico. That long track record suits you if safety comes first, backed up by published proof of reserves and cold storage. You can trade 679 coins on spot and 177 futures with a leverage ceiling of 50x, plus staking and a demo mode.
Spot is expensive at 0.4% per maker order and 0.8% per taker order, the highest taker rate here, while futures drop to just 0.02% and 0.05% respectively. PayPal, Apple Pay, Google Pay, cards and bank transfers all work for deposits, and cash can come back out by bank transfer, card or PayPal as well as crypto.
ID verification is required. Jesse Powell co-founded Kraken in 2011; it is based in San Francisco, USA and run by CEO David Ripley. In June 2024 a security firm exploited a bug to take $3 million from Kraken's own treasury and later returned it with no customer assets affected, so the bigger issue for most traders is cost: high spot fees make frequent small market orders expensive.
Key points
Our editorial team selected, tested and ranked the best crypto exchanges for traders in Mexico. We picked exchanges that accept users in Mexico and judged each one on the whole package rather than a single formula. The order is our editorial judgment of that package, while the CWR Score on each card rates the exchange on its own, so an exchange placed lower can carry a higher score.
Yes. Mexican law does not ban individuals from buying, holding or trading crypto, but crypto is not legal tender or a foreign currency in Mexico. The Banco de México (Banxico), the Finance Ministry and the banking regulator (CNBV) have warned about its risks, and Banxico’s rules bar banks and licensed fintech institutions from offering crypto exchange, transfer or custody services to their customers.
Crypto exchanges are not licensed as financial institutions in Mexico. Under the anti-money-laundering law, offering crypto exchange as a business is a ‘vulnerable activity’: platforms must register with the tax authority (SAT), identify their customers and report larger operations. That registration is an anti-money-laundering duty; it does not make an exchange a supervised financial institution.
Getting Bitcoin or Ethereum in Mexico takes only a few steps once you’ve chosen where to trade.
BYDFi gives traders in Mexico a quick, no-ID start with flat fees and a wide futures menu, and BloFin is a strong choice if derivatives are your focus. If you need bank transfer withdrawals, Kraken, Coinbase, Bybit and MEXC offer them, though Kraken and Coinbase charge far more on spot and MEXC carries reports of withheld funds. Wait for Bitget to reopen withdrawals before sending money there. Crypto is legal to buy and hold in Mexico, but no exchange is supervised there as a financial institution, so keep only the money you are trading on any platform.
Yes. Mexican law doesn't ban individuals from buying, holding or trading crypto, although it isn't legal tender or a foreign currency. Banks and licensed fintech institutions can't offer crypto services to their customers, and exchanges register with the SAT under anti-money-laundering rules rather than being supervised as financial institutions.
BYDFi, BloFin and Bitunix make verification optional. Bitunix allows unverified withdrawals of up to $500,000 a day, BYDFi up to $50,000 and BloFin up to $20,000. MEXC, Bitget, Coinbase, Bybit and Kraken require ID.
MEXC, Coinbase, Bybit and Kraken offer bank transfer withdrawals. BYDFi and Bitunix pay out only in crypto, and BloFin only in crypto or to a card, so on those you would sell through P2P or another platform to get pesos.
MEXC is cheapest on both spot and futures: nothing for spot makers, 0.05% for spot takers, and 0.01% maker and 0.04% taker on futures. Coinbase and Kraken charge the most on spot.
Bitget reported unauthorized transfers of about $351.6 million from some hot and warm wallets and has suspended withdrawals during the investigation. It says cold wallets and user balances are secure and its protection fund of over $464 million covers the loss, but until withdrawals reopen you may not be able to take money out.
Accounts in Mexico are commonly funded by SPEI, the Banco de México's interbank transfer system, sent to the exchange's CLABE account number. Depending on the exchange, you can also use bank transfer, cards, Apple Pay, Google Pay, payment providers or a P2P market, so confirm which option accepts pesos when you sign up.
In the EU, Bybit serves customers through a separate platform, Bybit EU, which is licensed under MiCA.
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