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4 Best Crypto Exchanges in Chile
Looking for the best crypto exchanges in Chile? After testing more than 50 platforms, we’ve identified the top options for Chilean users. You’ll find pros, cons, and expert insights tailored to the local market.
By:
Reviewed By:
Updated: Oct 27, 2025
World’s largest exchange with 580+ markets, deep CLP liquidity via card & P2P, low fees, and Lite & Pro modes for all traders.
Veteran exchange with flawless security, global regulation, and separate Lite & Pro platforms for beginners and professionals.
Feature-rich exchange with a zero-fee CLP P2P market, escrow protection, and a $750M insurance fund for secure trading.
High-performance platform with deep liquidity, up to 100x leverage, API access, and professional tools for experienced traders.
How FXEmpire Chose the Best Crypto Platforms in Chile?
- Local Licensing: We prioritized exchanges licensed as VASPs with the Comisión para el Mercado Financiero (CMF) and compliant with Chile’s Fintech Law, ensuring users trade on a legally recognized platform.
- CLP Support and Local Payments: We assessed whether the exchanges support Chilean Peso (CLP) transactions via bank transfer, bank card, or P2P. Direct CLP support allows users to fund accounts easily and avoid expensive currency conversion fees.
- Security and Transparency: We reviewed the security measures used by each exchange, looking for features like cold storage, two-factor authentication, Proof of Reserves, and regular audits.
- Trading Tools and Interface: We evaluated the desktop and mobile experience, prioritizing intuitive platforms with advanced tools. We also looked for Lite and Pro modes to suit both beginners and experienced traders.
- Crypto Selection: We evaluated the number and variety of supported tokens, favoring platforms that offer a wide range of large-cap coins, stablecoins, memecoins, and trending altcoins.
- Liquidity: We analyzed trading volume and order book depth to ensure reliable execution with minimal slippage, even during high volatility.
- Low and Transparent Fees: We examined each platform’s fee structure, prioritizing exchanges that offer low, transparent trading fees to help users maximize returns and avoid hidden charges.
- Tax Reporting Tools: We looked for platforms that provide downloadable trade histories and integration with tax reporting software to simplify compliance for Chilean users.
- Customer Support: We assessed response times, Spanish-language availability, and the number of support channels like live chat and email. Platforms with fast, multilingual support earned higher scores.
Best Crypto Exchanges in Chile Comparison Table
| Exchange | Ranking | Taker/Maker | Available Crypto | Accepts Fiat | Payment Methods | KYC |
|---|---|---|---|---|---|---|
Binance | 4.8 Read Review | 0.1% / 0.1% | 430 | Yes | +1 | Yes |
Kraken | 4.2 Read Review | 0.4% / 0.25% | 532 | Yes | +3 | Yes |
Bitget | 4.7 Read Review | 0.1% / 0.1% | 675 | Yes | +2 | Yes |
Bybit | 4.6 Read Review | 0.1% / 0.1% | 519 | Yes | +2 | Yes |
Best Overall
- 430Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
Binance is the world’s largest crypto exchange, with a strong presence in Latin America. It offers a wide range of products, including spot, margin, futures, options, staking, copy trading, and P2P, making it a versatile choice for Chilean users of all levels.
- Complete Ecosystem & Liquidity: Binance provides the deepest liquidity in the industry, ensuring minimal slippage and instant execution. It also offers a full suite for Chilean traders (spot, margin, futures, options, staking, and educational resources)
- CLP Support: Binance supports onboarding with CLP through its Quick Buy and P2P platforms. Quick Buy allows users to purchase crypto with CLP using a bank card, while P2P enables buying and selling directly with other users via local payment methods, such as bank transfers and digital wallets.
- Low Fees & Discounts: Binance has a competitive tiered fee structure, with trading fees starting at 0.1% for spot and 0.02% maker / 0.04% taker for futures. Users can also get up to 25% off trading fees by paying in BNB.
Pros and Cons
Pros
- 580+ spot & 590+ futures markets
- Supports CLP (bank card & P2P)
- Low trading fees (0.1% spot)
- Robust security & $1bn insurance fund
- Dedicated Lite mode for beginners
Cons
- No direct CLP deposits via bank transfer
Best for Security
- 532Available Crypto
- Payment Methods+1
- FeesHigh
Why We Picked It
Founded in 2011, Kraken is one of the oldest and most trusted exchanges in the industry. It’s known for its flawless security record and strict regulatory compliance. While it doesn’t directly support CLP, it remains popular across Latin America among users who prioritize asset protection and transparency.
- Industry-Leading Security: Kraken has a spotless security history, securing 95% of assets in cold storage, supporting two-factor authentication, Proof of Reserves, and continuous internal monitoring.
- Global Compliance: Kraken is one of the most heavily regulated exchanges, registered with top financial authorities in the US, UK, and Europe. This guarantees full compliance with global financial standards and reinforces user trust.
- Dedicated Pro & Lite Modes: Kraken offers separate interfaces for different user types. The standard Kraken platform features an intuitive design for beginners, while Kraken Pro provides advanced tools and analytics for professionals.
Pros and Cons
Pros
- 600+ spot & 350+ futures markets
- Flawless security record
- Transparent fees & Proof of Reserves
- Dedicated Pro & Lite modes
- Regulated by leading authorities
Cons
- No direct CLP support
- No P2P, bot, or copy trading
Best for P2P Trading
- 675Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
Bitget is one of the leading exchanges for P2P trading, making it a top choice across Latin America. Its large P2P marketplace, low fees, and advanced trading tools make it ideal for Chileans seeking both easy onboarding and professional-grade functionality.
- Highly Liquid P2P Platform: Bitget runs one of the largest P2P marketplaces, featuring numerous verified merchants who buy and sell crypto for Chilean pesos. The high merchant volume promotes competition, ensuring better rates and more payment options.
- Zero Fees & Escrow Protection: Bitget charges no platform fees for P2P trades, for both buyers and sellers. All transactions are protected by Bitget’s escrow service, which holds crypto securely until fiat payments are confirmed.
- Range of CLP Payment Methods: Bitget’s P2P platform gives Chilean users flexibility to pay via local methods, including bank transfers through major institutions like Banco de Chile, Santander, Itaú, and Tenpo.
Pros and Cons
Pros
- 750+ spot & 560+ futures markets
- Supports CLP (bank card & P2P)
- Comprehensive P2P platform
- Up to 125x leverage on futures
- Proof of Reserves & $750m insurance fund
Cons
- Slow customer support
- Steep learning curve for beginners
Best for Advanced Trading
- 519Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
Bybit is one of the largest exchanges globally, favored by derivatives traders for its high-speed execution, professional-grade tools, and deep liquidity. It’s increasingly popular across Latin America for offering CLP onboarding and a full-featured trading suite, perfect for experienced Chilean traders seeking leverage and efficiency.
- Professional Trading Suite & High Leverage: Bybit integrates TradingView charts, advanced order types, and up to 100x leverage on futures, making it ideal for sophisticated trading strategies.
- Wide Range of Leverage Products: Bybit supports margin, futures, and options trading, offering a smooth progression path from margin to derivatives. Its unified trading account enables seamless cross-margin use across all leveraged products.
- Deep Liquidity & API Access: With one of the highest daily trading volumes in the market and an institutional-grade API, Bybit supports algorithmic and high-frequency trading with minimal slippage or latency.
Pros and Cons
Pros
- 750+ spot & 630+ futures markets
- Supports CLP (bank card & P2P)
- Low trading fees (0.1% spot)
- Professional platform & high leverage
- Deep liquidity
Cons
- Slow customer service
- No direct CLP bank transfer support
How to Choose the Best Crypto Exchange for Traders in Chile?
What is the Current State of Crypto Regulation in Chile?
Cryptocurrencies are legal in Chile, but they are not recognized as legal tender. The Central Bank of Chile is currently exploring the possibility of issuing a Central Bank Digital Currency (CBDC), but for now, crypto is classified as a digital financial instrument.
In recent years, Chile has improved its regulatory clarity with the introduction of the Fintech Law, which created a legal framework for Virtual Asset Service Providers (VASPs). This law assigned regulatory responsibility to the Comisión para el Mercado Financiero (CMF), which now requires VASPs to:
- Be registered with the CMF
- Comply with AML (Anti-Money Laundering) and CFT (Counter-Terrorism Financing) standards
- Maintain operational transparency
What Crypto Taxes Do I Have to Pay in Chile, and How Do I Report Them?
Crypto profits are subject to taxation under Servicio de Impuestos Internos (SII) guidelines:
- Capital Gains Tax: Individuals must report profits from selling crypto as taxable income.
- Corporate Income Tax: Businesses that accept or trade crypto must include profits in their standard taxable income.
All crypto profits must be reported in Chilean Pesos (CLP) at the time of the transaction. We highly recommend maintaining detailed records of all trades, transactions, and valuations to simplify tax reporting and ensure compliance.
What Are the Main CLP Payment Methods for Crypto Exchanges?
| Payment Method | Transaction Fee | Processing Time | Supported Exchanges |
| Bank Transfer | Free (via P2P) | Up to 24 hours | Binance, Bitget, Bybit |
| Bank Card | Up to 4% | Instant | Binance, Kraken, Bitget, Bybit |
| Apple/Google Pay | Up to 4% | Instant | Binance, Kraken, Bitget, Bybit |
| Digital Wallets | Free (via P2P) | Up to 15mins | Binance, Bitget, Bybit |
How Do I Choose a Safe Crypto Exchange in Chile?
When looking for a safe crypto exchange, there are a variety of factors to consider, including:
- Regulation: Look for exchanges that are registered as VASPs with the CMF
- Reputation: Select exchanges with a history of no past security breaches and those with transparent practices.
- Security Tools: Look for exchanges offering 2FA, biometric login, withdrawal whitelisting, and real-time alerts.
- Asset Custody: Cold storage of user assets, insurance coverage, and security certifications.
- Proof of Reserves: Look for exchanges that publish real-time PoR to verify solvency and that they hold enough assets in reserves to back user deposits.
What Fees Should You Consider When Choosing a Crypto Exchange?
| Fee Type | Description | Typical Range / Notes |
| Trading Fees | Maker and taker fees for placing or matching orders (spot, margin, futures) | 0.1%-0.2% (spot), often lower for futures or with VIP discounts |
| Interest / Funding Fees | Charged for margin loans or holding futures positions overnight | Varies by asset and platform |
| Spread Fees | Hidden costs in “Quick Buy/Sell” or instant trades | Less favorable exchange rates, around 1-5% |
| Deposit/Withdrawal Fees | Applies to CLP or crypto transfers | Up to 5% for card transactions, or free via P2P trades |
| Currency Conversion Fees | Fee for converting CLP to other fiat or crypto assets | Up to 1.5% |
What Should I Avoid When Choosing a Crypto Exchange in Chile?
- Avoid platforms with the following warning signs:
- Unlicensed exchanges or those with no regulation in Chile or globally
- Promises of guaranteed or extremely high returns
- Lack of transparent Proof of Reserves or published audits
- History of security breaches, loss of funds, or unresolved user complaints
- Poor or non-responsive customer support
FAQ
Are Crypto Exchanges Legal in Chile?
Yes, crypto exchanges are legal in Chile and are regulated by the Comisión para el Mercado Financiero (CMF) under the country’s Fintech Law. All exchanges must register with the CMF and comply with AML and KYC regulations.
Which Crypto Exchanges Are the Best in Chile?
Binance and Kraken are among the best exchanges available in Chile. They are trusted globally for their strong security, stable operations, and a wide range of services suitable for both beginners and advanced traders.
Can I Use Chilean Pesos to Trade on Crypto Exchanges?
Most global exchanges do not support direct CLP deposits. However, users in Chile can still buy crypto using Chilean Pesos through P2P marketplaces or Quick Buy services with a bank card.
Can I Use My Debit or Credit Card in Chile to Buy Crypto?
Yes, debit and credit cards are accepted on most major exchanges for Quick Buy purchases. These transactions are typically instant but may come with higher fees compared to bank transfers or P2P trading.
Which Exchanges Are Best for Beginners in Chile?
Coinbase and Kraken are excellent options for beginners in Chile. Both offer user-friendly mobile apps and Lite Modes that simplify the trading experience, helping new users avoid exposure to high-risk tokens or overly complex tools.
Do I Need to Complete KYC to Use Crypto Exchanges in Chile?
Yes, KYC verification is required on all licensed exchanges in Chile. The CMF enforces AML and KYC compliance to ensure security, transparency, and protection for users.
About the Author
Shennon Hewaauthor
Shennon Hewa is a crypto trader and crypto journalist based in London. Active in the crypto space since 2017, he specializes in scalping, derivatives day trading, and swing trading. At FXEmpire, he has reviewed dozens of crypto exchanges and has extensive knowledge of platform strengths and weaknesses.
Why you can trust FXEmpire
At FXEmpire, we strive to provide unbiased, thorough, and accurate exchange reviews by industry experts to help our users make smarter financial decisions.
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