Buying Bitcoin in Colombia
Now that Colombian’s are seeing the effects central banking created for Venezuela’s economy, many are looking to buy bitcoin with Pesos now. The rumors of blockchain technology being used with Colombia’s currency in the future, will still have many people in Colombia valuing a decentralized crypto currency (like bitcoin), over the Peso. This creates an interesting crypto market because the banks want to control the money supply and interest rates, while not appearing to be afraid of bitcoin being a currency they can’t control.
Best Bitcoin Exchanges in Colombia
Similar to Brazil bitcoin buyers, Colombian’s don’t always trust the banks to allow bitcoin long term in the country. Due to the instability of the Colombian Peso, whenever it declines in value, crypto currency will be blamed to try to control it. This makes a lot of the trusted bitcoin exchanges in South America, also ones that you don’t want to keep your bitcoin in after buying it, when a wallet not connected to an exchange is more secure.
The best bitcoin exchanges (most trusted) for Colombians currently are:
|Trusted Exchanges in Colombia||Type||KYC||Currencies|
|Buda||Exchange / Trading Platform||Yes||ARS, CLP, COP, PEN, BTC, ETH, LTC||Continue|
|Satoshi Tango||Exchange / Trading||Yes||ARS, USD, EUR, RapiPago, PagoFacil||Continue|
|Ripio||Exchange / Trading platform||Yes||BRL, ARS, Rapipago, Easy Payment||Continue|
|LocalBitcoins||Person to Person Bitcoin Buying and Selling||Yes||National Currencies Around the World and Bitcoin||Continue|
|Binance||Trading Platform||No |
|BTC, ETH, LTC, Hundreds of Alt-coins||Continue|
|Kraken||Exchange / Trading Platform||Yes||EUR, CAD, USD, JPY, BTC, ETH, XMR, XRP, many more||Continue|
|CEX.IO||Exchange / Trading Platform||Yes||USD, EUR, GBP, RUB, BTC, ETH, LTC + more||Continue|
|Coinbase||Exchange / Trading Platform||Yes||USD, CAD, AUD, GBP, EUR||Continue|
Buying Bitcoin Anonymously in Colombia
The popularity of localbitcoins in Colombia and the rest of South America has always been quite high. Now with their identification requirements, a lot of customers have moved to HodlHodl for person to person bitcoin buying and selling.
While bisq has it’s own software for decentralized person to person trades that has some decent volume, the Visa gift card options that a lot use at Coinmama have been more popular in Colombia for small amounts of bitcoin.
The Best Anonymous Bitcoin Exchanges for Colombian’s currently are:
|Anonymous Colombia Exchanges||Type||KYC||Currencies|
|HodlHodl||Person to Person BTC Exchange / Trading Platform||No||AUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZAR (More)||Continue|
|Changelly||Anonymous Bitcoin and Altcoin Buying||No||BTC, ETH, LTC and Hundreds of Altcoins||Continue|
|BISQ||Anonymous Person to Person Exchange / Trading Platform||No||AUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZAR (More)||Continue|
|Paxful||Anonymous Bitcoin Purchases||No||Western Union, MoneyGram, Visa Prepaid Cards, Amazon Gift Cards||Continue|
|CoinMama||Exchange||Under $150 No||Visa, MasterCard, AUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZAR||Continue|
|Wall of Coins||Peer to Peer Exchange||No||USD, CAD, MXN||Continue|
Other Bitcoin Options in Colombia
There are also the bitcoin meetups and blockchain meetups in Colombia, that many people buy and sell bitcoin at. The Venezuela, Peru and Brazil bitcoin exchanges and sellers are always options as well.
The Bitcointalk Spanish forum has tons of information (avoid the ICO’s) about getting bitcoin and altcoins in the country.