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Paybis Paybis is a popular cryptocurrency exchange. They serve 180 countries and 48 US states and are registered with FinCEN, making them a more trusted, regulated exchange. Paybis offers incredibly high limits and super fast payouts, not to mention 5 minute ID verification and nearly perfect review scores on Trustpilot.
Airtm Airtm offers a peer community. You can buy and sell dollars or crypto in exchange for other forms of value. The platform provides trust and transparency by authenticating users and establishing a higher degree of identity validation to the peers who facilitate the transactions. Airtm provides an escrow system, so that value exchanges are fair and are completed as agreed.
Bitex Bitex.la is a Bitcoin exchange and broker which services many South American countries, including Brazil, Mexico, Argentina, Chile, Peru and Uruguay. You can fund your exchange account with cash or AstroPay.
Buda Buda is a Bitcoin exchange for Chile, Peru, Argentina and Colombia, backed by investors from the United States. You can fund your exchange account using online bank transfer in all four countries. Cash can be used in Peru and Colombia. Funds are usually available within 3 hours if the transfer is made during the week during working hours.
SatoshiTango SatoshiTango is a South American Bitcoin exchange. Users in Brazil, Colombia, Chile, Peru, Uruguay, Argentina, Costa Rica, Ecuador, El Salvador, Honduras, Panama and Nicaragua can use SatoshiTango to buy bitcoin.
Payment methods include bank transfer, bank wire, cash deposit in Buenos Aires or through a coupons from PagoFacil, RapiPago, BaproPagos, CobroExpress or ProvinciaPagos.
Bitcoin ATMs You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%. View Bitcoin ATMs
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We keep track of Bitcoin ATM locations in Peru. See our map and list below for the current ATM locations.
ATM
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Peru is not really one of the first countries one thinks of when talking about Bitcoin. While Peru has a somewhat developed and stable economy compared to its neighbors in South America(1), it is not really considered a Bitcoin or tech hub and there is not much active development or startup culture to speak of in the country.
But with the recent 2021 presidential election of Pedro Castillo, many Peruvians are trying to protect their assets by purchasing cryptocurrency(3). It is expected that President-elect Castillo may attempt to nationalize several industries in the country(2). This has created fears that a currency devaluation will follow, and citizens may be turning to cryptocurrency as a refuge from those losses. It has been reported that trading volumes of cryptocurrency increased by over 20% in the week of the election and the weeks before and after the election.
Álvaro Castro Lora, a lawyer and founder of the Peruvian Blockchain Association said, “There are two reasons for the increasing crypto adoption in Peru, inflation, which has made people lose confidence in the Peruvian sol, and concerns regarding the government.”(3)
If you want to invest as well, this post will explain just how easy it is to get Bitcoin in Peru.
One of the easiest ways to buy Bitcoin in Peru is through cryptocurrency exchanges, outlined above. There are several exchanges offering Bitcoin in Peru, allows you to select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, it is recommended to have a wallet of your own for security reasons (preferably a hardware wallet).
Another way to buy Bitcoins in Peru is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.
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In August of 2018, a series of phishing emails targeting Peruvian bank employees was making the rounds.
The emails offered readers two links: the first to an exchange to invest in "new technology" with the second taking the reader to a video that explains investing in cryptocurrency.
This is what that email looked like:
However, the links in the email take the user to what look like malicious pages that download adobe flash files (their purpose is not clear) and then redirects the user to obvious phishing sites like this one:
Some users who had clicked the links also reported being affected by ransomware, and had to pay the hijacker Bitcoins in order to get their system unlocked.
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Coinbase ONLY allows crypto-to-crypto conversions for Peruvian residents as of September of 2020.
Unfortunately, there are only 3 Bitcoin ATMs in Peru, and they are all in the capital, Lima.
One in Case and Covers, one in La Tiendita de Nakamoto, and one in the Crypto Market, which is open for use 24 hours a day, 7 days a week.
You can use our Bitcoin ATM finder tool to find the one nearest you.
Any exchange with a Sol trading pair will allow you to sell your Bitcoin for fiat currency. CambistaBitcoin has PEN trading pairs for many popular coins.
BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.
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