What Bitso does
Bitso is an investment and money movement app that combines crypto trading, global stocks, yield earnings and cross border transfers. It is aimed at retail investors in Latin America, people sending money abroad, businesses and professional traders. The site lists trading in 100+ crypto assets, more than 5,000 international stocks and ETFs, and Earn, which pays weekly yield on holdings such as USDC, USDT and ETH with no lock ups. Users can send money globally and receive it locally, and a separate self custody platform, Onchain.cc, offers perpetual markets. The site does not list fees on its home page, but states that users can start with $10 USD.
How Bitso compares with its closest alternatives
2 of the 5 closest alternatives have a free plan, as Bitso does. All 5 offer an API, as Bitso does. Bitso offers a web app and a mobile app. Of the alternatives, 4 offer a web app and 4 offer a mobile app. Bitso was founded in 2014; the alternatives were founded between 2012 and 2018, 3 of them earlier. Bitso is based in Mexico City, Mexico; 3 of its 5 alternatives are in Mexico too, and the others in Brazil.