Buying cryptocurrency in Argentina isn't just about speculation—it's a financial necessity for many. With the country's ongoing economic challenges, Argentinians increasingly turn to digital assets to hedge against inflation and transfer money securely.
This guide covers:
- Centralized exchanges (CEX) vs. P2P platforms
- Step-by-step purchase methods
- Safety and tax considerations
- FAQs for beginners
How to Buy Cryptocurrency in Argentina
Centralized Exchanges (CEX)
Ideal for beginners, CEX platforms offer security and ease of use. Key features:
Requirements:
- Email/phone number for registration
- ID verification (KYC)
- Basic knowledge of spot trading
Recommended Platform: BingX
- Founded in 2018, top-20 exchange by volume (CoinMarketCap 2024).
- Offers spot trading, derivatives, and copy trading.
👉 Explore BingX’s low-fee trading
| Pros & Cons | |
|-------------|---|
| Pros | Cons |
| High security | Strict KYC |
| User-friendly | Variable fees |
Peer-to-Peer (P2P) Platforms
Direct trades between users—often cheaper but riskier.
Requirements:
- Verified account
- Accepted payment method (e.g., bank transfer)
Recommended Platform: OKX P2P
- Low commissions (~0.8%)
- High liquidity
| Pros & Cons | |
|-------------|---|
| Pros | Cons |
| Low fees | Scam risks |
| Flexible pricing | Limited dispute resolution |
Bitcoin ATMs
Fast but expensive:
- Avg. fee: 5–10%
- No KYC (in some cases)
Safety & Legal Tips
- Taxes: Report crypto gains to AFIP.
- Security: Use cold wallets for long-term holdings.
- Research: Avoid FOMO—invest in projects with strong fundamentals.
FAQs
What do I need to buy crypto in Argentina?
- Valid ID
- Proof of residence
- Registered email/phone
Where can I buy crypto?
Exchanges (BingX, OKX), P2P platforms, or ATMs.
What’s the minimum investment?
As low as $20 on platforms like Libertex.
Disclaimer: Cryptocurrency involves risk. Never invest more than you can afford to lose.