Best crypto exchange in Colombia (2026)
Four platforms let you buy crypto with pesos from a Colombian bank or Nequi. They differ on fees, on how many coins they offer, and on who is behind them, from a Mexican exchange to a Bancolombia group company. Here is how they compare, and which one fits what you want to do.
None of the exchanges on this page pay us. Disclosure.
Quick picks
Best for most people
Bitso
Free peso deposits and withdrawals, over 100 coins, USDT and USDC, and an order book from 0.50% for small volumes.
Lowest trading fees
Binance
A 0.10% fee on its order book, a USDT/COP market and hundreds of coins. Better suited to people who already know how to trade.
Clearest simple-buy price
Buda
Instant buys and sells cost a published 0.5%, and pesos go in by PSE, ACH or Bre-B for free. Only seven coins.
If you bank with Bancolombia
Wenia
Part of the Bancolombia group: buy its peso stablecoin from your Bancolombia account for free, and spend with a Mastercard.
Side by side
| Exchange | Deposit pesos | Withdraw pesos | Fees | Digital dollars | Coins | Company |
|---|---|---|---|---|---|---|
| Bitso | Bank transfer, free | Bank transfer, free | 0.50% maker, 0.65% taker | USDT, USDC | 100+ | Bitso, based in Mexico |
| Binance | Bre-B or PSE, fee not published | Bre-B, fee not published | 0.10% (0.075% paying in BNB) | USDT, USDC | Hundreds | Binance, global |
| Buda | PSE, ACH or Bre-B, free | Bank transfer, free | Instant 0.5%; order book 0.40% maker, 0.98% taker | USDT, USDC | 7 | Buda.com, based in Chile |
| Wenia | From Bancolombia, free | To Bancolombia or Nequi, free | Not published | USDW, Wenia’s own | 8 | Grupo Bancolombia, licensed in Bermuda |
Order book fees are for the lowest volume tier (Bitso’s peso markets, Binance Spot, Buda’s crypto pairs). The simple “buy” screen at Bitso and Binance charges a spread instead, shown before you confirm but not published as a percentage. Checked on each exchange’s site on Oct 31, 2026.
Each exchange in more detail
Bitso
Bitso, the Mexican exchange, also runs in Colombia. Depositing pesos by bank transfer is free, from Nequi, Bancolombia or another bank, and so is withdrawing to any Colombian bank account. It offers over 100 coins, including USDT and USDC.
Its order book for peso markets charges 0.50% to 0.65% for small volumes. The simple buy screen charges a spread instead, which Bitso does not publish as a percentage.
Binance
Binance has the lowest trading fees, the most coins, and a USDT/COP market for buying digital dollars directly with pesos. Since 2026 you can move pesos through Bre-B, Colombia’s instant payment system.
Binance does not publish its fees for depositing or withdrawing pesos. The app is busier than the others and aimed at people who trade.
Buda
Buda is a Chilean exchange that also runs in Colombia. It is the only one here that publishes the cost of its simple buy: 0.5% to buy or sell instantly. Pesos go in by PSE, ACH or Bre-B and come back out by bank transfer, all for free.
Its order book charges 0.40% to 0.98% for small volumes, and less for stablecoin pairs. It only lists seven coins: Bitcoin, Ethereum, Solana, Litecoin, Bitcoin Cash, USDT and USDC.
Wenia
Wenia belongs to Grupo Bancolombia. You buy COPW, its stablecoin worth one peso, from your Bancolombia account for free, then use it to buy Bitcoin, Ethereum, Solana and a few others. Selling COPW back to Bancolombia or Nequi has been free since September 2025.
Wenia is licensed in Bermuda, not supervised by the Superintendencia Financiera, and its trading fees were not published when we checked. Its digital dollar is its own USDW rather than USDT or USDC. The Wenia Card is a Mastercard you spend your crypto with.
How to buy your first Bitcoin in Colombia
- Create an account and verify your identity with your cédula. It usually takes a few minutes.
- Send pesos from your bank or Nequi, by bank transfer, PSE or Bre-B, depending on the exchange.
- Buy Bitcoin or digital dollars (USDT or USDC), and come back to buy the same amount every week or month.
- Once the amount is more than you would be comfortable losing, move it to a wallet you control.
See what weekly buying would have returned
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Is crypto regulated in Colombia?
Crypto is legal but not regulated as money or as a security. The Banco de la República says it is not legal tender, and the Superintendencia Financiera (SFC) does not supervise crypto exchanges, Wenia included, even though it belongs to a bank group.
From 2021 to 2024 the SFC ran a pilot that let some banks and exchanges work together to move pesos in and out. It has ended, and Congress has not yet passed a crypto law. Your crypto and pesos at an exchange are not covered by Fogafín deposit insurance.
Taxes
The DIAN treats crypto as an asset: you declare what you hold in your tax return. Selling crypto you held for two years or more is generally taxed as an occasional gain (ganancia ocasional, 15%); selling sooner, as ordinary income. Under rules the DIAN adopted in December 2025, exchanges report their users’ crypto to the DIAN starting with tax year 2026. Keep a record of every buy and sell and ask an accountant before filing.
Questions
Which crypto exchange is the most trusted in Colombia?
No crypto exchange in Colombia is supervised by the Superintendencia Financiera, and none is covered by deposit insurance. Bitso and Binance are the best known; Wenia belongs to Grupo Bancolombia but is licensed in Bermuda. Do not keep more on any of them than you need.
Which is the cheapest way to buy Bitcoin in Colombia?
Binance Spot at 0.10% per trade, then Bitso’s order book from 0.50%. For a simple buy, Buda publishes its price: 0.5%. Bitso and Buda charge nothing to deposit or withdraw pesos.
Can I buy crypto with Bancolombia or Nequi?
Yes. Wenia, part of Grupo Bancolombia, lets you buy from your Bancolombia account, and you can send pesos from Nequi to Bitso and other exchanges. Mi Bancolombia itself only offers digital dollars and euros through Wenia.
Do I pay tax on crypto in Colombia?
Yes. You declare the crypto you hold, and gains are taxed as an occasional gain if you held it two years or more, or as ordinary income if not. Check with an accountant.