Buying Bitcoin and Cryptocurrencies in Argentina
Purchasing Bitcoin and other cryptocurrencies in Argentina is straightforward, typically taking less than 10 minutes to set up.
Key steps:
- Sign up on a trusted exchange.
- Complete KYC verification.
- Deposit funds via bank transfer or card.
- Buy Bitcoin/crypto (fractional purchases supported).
- Withdraw to a personal hardware wallet for security.
👉 Best hardware wallets for long-term storage
Requirements for Buying Crypto in Argentina
Prepare the following:
- Valid ID: Passport, national ID, or driver’s license for KYC.
- Secure internet: Avoid public Wi-Fi.
- Mobile device: For two-factor authentication (2FA).
- Bank account/card: To deposit fiat currency.
- Crypto wallet: Withdraw assets from exchanges for optimal safety.
Top 6 Bitcoin Exchanges in Argentina
SatoshiTango
- Local platform with 215+ million users.
- Supports Pago Fácil, RapiPago, and wire transfers.
Binance
- Global exchange with low fees.
- Offers P2P trading and futures.
Kraken
- High-security platform with staking options.
Bisq (P2P)
- Decentralized, no-KYC option.
Paxful
- Peer-to-peer trades with flexible payments.
LocalBitcoins (P2P)
- Escrow-protected cash transactions.
How to Buy Bitcoin in Argentina
Step 1: Choose an Exchange
Compare fees, payment methods, and supported cryptos.
Step 2: Verify Identity (KYC)
Upload ID photos; approval takes minutes to 48 hours.
Step 3: Deposit Fiat
Fund via bank transfer, debit card, or cash payment (e.g., CobroExpress).
Step 4: Buy Crypto
Purchase fractions of Bitcoin (minimum ~$5).
Step 5: Transfer to Wallet
Withdraw to a cold wallet like Ledger or Trezor.
👉 Compare crypto exchange fees here
FAQs
Q: Can I buy Bitcoin anonymously in Argentina?
A: Yes, via P2P platforms like Bisq or LocalSwap (no KYC required).
Q: Are debit/credit cards accepted?
A: Yes, but KYC is mandatory for card purchases.
Q: Should I leave crypto on exchanges?
A: No! Use a hardware wallet for full control and security.
Q: Are Bitcoin ATMs available?
A: Yes—find locations via Bitrawr’s ATM map.
Q: Can I trade Bitcoin futures?
A: Yes, Binance and BitMEX offer leveraged trading (up to 100x).
Q: Which exchange has the lowest fees?
A: Binance P2P and Kraken are cost-effective for Argentinian users.
Note: Always prioritize security—avoid sharing private keys or using unverified platforms.