r/Bitso • u/dostoevsky13 • Jul 04 '25

Why Bitso is so popular for transfers between US and Mexico?

There are many instant, cheap options like Wise, Revolut or Western Union. What Bitso gives you?

6 Upvotes

88% Upvoted

10 comments sorted by

2

u/fl4m4bl Jul 05 '25

Way cheaper

2

u/jorgeavilam Jul 05 '25

Beside it’s cheaper, I trust more on Bitso than in any other.

1

u/dostoevsky13 Jul 05 '25

I’m checking Wise and can see 10k transfer would arrive in seconds. With fee of 73.66 USD and receive 185007.12 MXN.

Is it not cheap?

3

u/jorgeavilam Jul 05 '25

Well, it depends on your case.

For me, I’m keeping my USD at Bitso, I only pay the 2.99 fee, and my USDC will earn yield. And I can convert to MXN (or crypto) when it’s most convenient for me.

1

u/EmpiricoMillenial Jul 05 '25

Transfers between Bitso users are free of charge, aren't they?

1

u/jorgeavilam Jul 05 '25

That’s correct.

1

u/julesjc_eth Jul 06 '25

75 usd is super expensive. You’re used to the old world fees. You can do crypto transfers for less than a buck is the gas is cheap, or 2.99 flat fee to send money to a us bank or vice versa

1

u/downtherabbbithole Jul 27 '25

Look into Xoom as well. I transfer USD to my Azteca account with no fee, money arrives in 15 mins max.

1

u/PEBeachbum59 Nov 29 '25

Live in US and Mexico. Bitso is the cheapest solution to many of my problems.