Buda is a centralized cryptocurrency exchange ranked #70 on BitDegree's exchange tracker. The platform recently recorded a 24-hour trading volume of $1,349,146** and a **7-day volume of $847,371,035.
Founded in 2015, Buda operates as a key player in South America’s digital asset markets, serving users in Chile, Colombia, Peru, and Argentina. Headquartered in Santiago, Chile, the exchange aims to lead the region’s crypto revolution while adhering to strict regulatory standards.
Key Features of Buda Exchange
Regulatory Compliance:
- Implements AI-powered KYC verification, requiring ID documents, utility bills, and live selfies to prevent fraud.
- Only supports countries where cryptocurrency activities are legally permitted.
Markets and Trading Pairs:
- Supports 5 fiat markets: CLP (Chilean Peso), COP (Colombian Peso), PEN (Peruvian Sol), ARS (Argentine Peso), and BTC.
- Lists 21 trading pairs, including major cryptocurrencies like BTC, ETH, BCH, and USDC—all traded via spot markets (no margin/leverage trading).
Fee Structure:
- Taker fees: 0.8% | Maker fees: 0.4%.
- Volume-based discounts: Seven tiers reduce fees as low as 0.1% (taker) and 0.2% (maker) for high-volume traders.
- Withdrawal fees: 0.000051 BTC for BTC withdrawals; bank transfers incur additional processing fees.
Strategic Partnerships:
- Collaborates with Bogotá Bank in Colombia to enable direct fiat deposits/withdrawals, legitimizing crypto transactions under local banking laws.
👉 Explore Buda’s competitive fees and liquidity
Founders and Background
- Alejandro Beltrán: Co-founder and Colombia’s Country Manager; holds expertise in traditional finance and energy efficiency technologies.
- Guillermo Torrealba: Business graduate from the University of Chile; former consultant and serial entrepreneur.
FAQ Section
What countries does Buda support?
Buda primarily serves Chile, Colombia, Peru, and Argentina, though international users can access it if compliant with local laws.
Does Buda offer leverage trading?
No, the exchange only supports spot trading with no margin or derivatives products.
How does Buda’s tiered fee system work?
Higher monthly trading volumes qualify users for progressively lower fees, capped at 0.1% for takers and 0.2% for makers.
Is Buda regulated?
Yes, it adheres to strict KYC/AML policies and partners with licensed financial institutions like Bogotá Bank.
👉 Discover how Buda compares to other exchanges
Final Notes
Buda stands out for its regional focus, transparent fee model, and regulatory alliances. While lacking advanced trading features, it remains a trusted gateway for Latin American crypto adoption.