Best Crypto Exchanges in Peru

Top Crypto Trading Platforms in Peru

Cryptocurrency trading in Peru operates in a developing regulatory environment, with the government gradually working toward clearer oversight of digital assets. Platforms available to local traders typically follow international compliance standards and accept PEN deposits through regional payment options. Here’s a look at five leading crypto exchanges for traders in Peru.

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1. Bybit

Bybit is the top cryptocurrency exchange in Peru, praised for its comprehensive offerings, advanced trading features, and ease of use. The platform has over 67 million users globally, supporting traders across 160 countries with an impressive daily trading volume surpassing $30 billion across both order books. 

Peruvian traders benefit from the user-friendly design, Spanish-language support, and multiple PEN deposit methods from local banks like BCP. It provides extensive trading options, including spot trading for over 1,800 cryptocurrencies, options, perpetual futures contracts, and leveraged trading up to 125x. 

Unique features like Copy Trading allow users to follow proven traders, while automated Trading Bots, including Grid Bot and Futures Combo Bot, enhance trading efficiency. Additional products include TradeGPT, the Bybit Card, lending and borrowing services, staking, demo trading and an OTC desk.

Platform Highlights:

• Fees: 0.1% for spot trading.
• Supported Assets: Over 1,800 digital assets.
• Regulation & Licensing: Complies with Peruvian regulations and globally licensed.
• PEN Deposit Methods: Bank transfer, credit card, debit card, Apple Pay, Google Pay, Samsung Pay, Interbank and Plin.

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2. Kraken

Kraken is highly regarded among Peruvian traders due to its extensive security measures,  transparent practices and Spanish user interface. Founded in 2011, it serves over 10 million global customers across 190 countries, regularly achieving quarterly trading volumes above $207 billion. 

The exchange offers 380+ cryptocurrencies for spot trading and margin trading with up to 5x leverage, plus over 100 futures contracts. Kraken Pro delivers advanced trading tools, analytics, and a high-performance platform for experienced traders and the Kraken wallet allows secure on-chain asset management.

Kraken also provides staking opportunities with rewards of up to 21% APR. The platform implements industry-leading security with consistent Proof-of-Reserves audits, reinforcing trust through transparency. Flexible funding methods allow local investors to deposit funds via bank cards or cryptocurrency.

Platform Highlights:

• Fees: Maker fee of 0.16%, taker fee of 0.26% for spot trading.
• Supported Assets: Over 380 cryptocurrencies.
• Regulation & Licensing: Registered as a Money Services Business with FinCEN (No. 31000270997766) and available in Peru.
• PEN Deposit Methods: Credit card and debit card.

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3. OKX

‍OKX is a versatile crypto exchange that provides access to DeFi and Web3 services. It is home to over 30 million global users across Peru and 180 other countries and facilitates PEN deposits. Available fully in Spanish, it delivers an intuitive experience tailored specifically for the Peruvian market.

The platform stands out by integrating traditional crypto trading with DeFi products. Users can easily trade hundreds of cryptocurrencies via spot markets, perpetual futures, and advanced options contracts. It allows traders to manage their portfolios, stake crypto on-chain, explore blockchain gaming, and trade NFTs.

Security is prioritized through high-level asset protection, multi-layered encryption, and transparent proof-of-reserves, providing complete transparency in its assets. OKX also supports convenient PEN deposit methods, including credit/debit cards, bank transfers, and various cryptocurrencies.

Platform Highlights:

• Fees: Spot trading fees start from 0.1%.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Globally regulated and available in Peru.
• PEN Deposit Methods: Bank transfers, credit cards and debit cards.

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4. Gate.io

Gate.io is highly regarded among crypto traders in Peru for its extensive asset selection, featuring trading support for more than 3,800 cryptocurrencies. Available in over 180 countries, the platform is fully accessible in Spanish and facilitates PEN deposits from Banco Pichincha, Interbank and BBVA.

The exchange supports spot trading, leveraged ETFs, margin trading, and futures markets. Users can explore new and trending cryptocurrencies through Gate.io’s Pilot program, giving access to emerging crypto projects. Additionally, the platform integrates Web3 through cross-chain swaps and NFT trading. 

Gate.io also supports crypto payments with its Gate Pay solution and provides the Gate Card for convenient global transactions. Security remains a top priority, with Gate.io implementing advanced protocols like multi-layer encryption, comprehensive risk management, and secure asset storage in cold wallets.

Platform Highlights:

• Fees: Flat trading fee of 0.2%.
• Supported Assets: Over 3,800 digital assets.
• Regulation & Licensing: Globally regulated and registered in Peru.
• PEN Deposit Methods: Bank transfer, credit card, debit card, Apple Pay and Google Pay.

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5. BloFin

BloFin is gaining popularity among Peruvian crypto traders seeking a secure, transparent, and efficient futures trading experience without mandatory KYC requirements. Launched in January 2023, it features advanced AI-driven infrastructure, real-time market analysis, and deep liquidity.

Available in multiple languages, including Spanish, BloFin provides a user-friendly environment. The exchange offers diverse trading products, such as spot markets, perpetual contracts, and sophisticated copy trading that allows users to replicate successful strategies from top traders.

The platform has advanced protection measures provided through partnerships with industry-leading security providers Fireblocks and Chainalysis. Assets are safeguarded in cold wallets, complemented by real-time transaction monitoring to ensure a secure trading environment.

Platform Highlights:

• Fees: Spot trading fees start from 0.1%.
• Supported Assets: Over 380 cryptocurrencies.
• Regulation & Licensing: Not regulated.
• PEN Deposit Methods: Bank transfers and credit/debit cards.

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‍Is Crypto Regulated in Peru?

​Peru's approach to crypto regulation has evolved significantly in recent years. Initially, there was a lack of specific laws governing digital assets, leading to concerns about potential misuse. In response, the government has implemented measures to enhance oversight and compliance within the crypto sector.​

In July 2023, Peru issued a decree mandating that Virtual Asset Service Providers (VASPs) report to the Financial Intelligence Unit (UIF). This decree requires VASPs to adhere to anti-money laundering (AML) regulations and implement Know Your Customer (KYC) procedures. 

In August 2024, the Superintendencia De Banca, Seguros Y AFP (SBS) issued Resolution No. 02648-2024. This resolution establishes specific rules for VASPs, including the implementation of systems to prevent money laundering and terrorist financing, customer due diligence requirements, and reporting obligations for suspicious transactions. 

The resolution introduces the "Travel Rule," obligating VASPs to obtain, retain, and transmit specific information about the originator and beneficiary for virtual asset transfers. While most provisions came into effect on August 2, 2024, the "Travel Rule" will be enforced starting August 2026. ​

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How Is Crypto Taxed in Peru?

General tax principles guide cryptocurrency taxation in Peru, as specific rules exclusively for crypto assets have yet to be introduced. The Peruvian tax authority, SUNAT, considers income from cryptocurrency transactions taxable under existing income tax laws. 

Profits from trading, exchanging, or selling cryptocurrencies are treated as capital gains and taxed between 5% and 30%, depending on the total income and individual circumstances. Businesses accepting cryptocurrencies for goods or services must record their transactions at the market value in PEN at the transaction date and include this in their taxable income. 

Despite the clear tax obligations, there remains uncertainty among individuals and businesses due to the absence of detailed crypto-specific guidelines, prompting continued calls for clarity from local tax professionals.

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Cryptocurrency Adoption in Peru

By mid-2025, Peru’s cryptocurrency market is projected to generate around US$282 million, with approximately 4.51 million Peruvians, or roughly 12.89% of the population, actively using digital currencies. 

Supporting this growth is an increase in local and global exchanges offering seamless trading and secure deposit methods in Peruvian Soles (PEN), alongside ongoing government efforts to establish regulatory clarity.

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How to Buy Bitcoin in Peru

To safely purchase Bitcoin in Peru, investors should choose regulated crypto exchanges. Follow these steps to buy BTC within the country:

1. Choose Exchange: Select a trusted crypto platform, such as Binance, Bybit, or Bitso, which supports easy deposit options in Peruvian Soles (PEN).
2. Complete Verification: Register an account with the chosen exchange and complete identity verification procedures. You'll typically need valid personal identification, proof of address, and additional personal information.
3. Deposit Funds: Deposit Peruvian Soles (PEN) using convenient methods such as bank transfers, debit or credit cards, or supported online payment options.
4. Purchase Bitcoin: Navigate to Bitcoin within the exchange interface, specify the amount you want to buy, thoroughly review all fees and exchange rates involved, and then confirm your transaction to finalize the purchase.

Following this guide ensures that Peruvian investors can confidently and safely trade cryptocurrencies through licensed platforms.

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Final Thoughts

Peru's crypto market is maturing rapidly, presenting both opportunities and responsibilities for traders and exchanges alike. As regulations continue evolving, choosing secure and compliant platforms like Bybit, Kraken, OKX, Gate.io, or BloFin remains essential to protect your investments. 

To succeed in this dynamic environment, stay informed about regulatory updates, clearly understand your tax obligations, and select exchanges tailored to your trading style and security needs.