Cash out
Cheapest way to cash out BTC in Mexico
We priced selling MX$20,000 of BTC for MXN and withdrawing it to a bank account in Mexico. Sending crypto to an exchange is free on all of them; the cost is in the sale and the payout.
Bitget pays out the most in our data: you receive MX$19,975.00 of MX$20,000 (0.13% in costs).
Every exchange by total cost of cashing out
| # | Exchange | Trading fee | Sell spread | Bank payout | Total | To your bank |
|---|---|---|---|---|---|---|
| 1 | Bitget LowestVerified 2d ago | MX$20.00 | MX$0.0014 | MX$5.00 | MX$25.000.13% | MX$19,975.00 |
Not ranked: incomplete data
- Binancebank payout fee
- Coinbasebank payout fee
- OKXbank payout fee
- KuCoinbank payout fee
- MEXCbank payout fee
- Bitsosell spread, bank payout fee
- KrakenDoes not pay out MXN
- BybitDoes not pay out MXN
- GateDoes not pay out MXN
- Crypto.comDoes not pay out MXN
- BitstampDoes not pay out MXN
- BitvavoNot available in Mexico
- Binance.USNot available in Mexico
- GeminiDoes not pay out MXN
- WhiteBITNot available in Mexico
- IndodaxNot available in Mexico
- CoinDCXNot available in Mexico
Each fee comes from the exchange's published fee schedule. The verification date is shown next to each exchange, and the full sources are on its profile. Affiliate deals never change the order.
Before you cash out
- Selling and withdrawing are two steps: sell for MXN first, then withdraw it to a bank account in your own name.
- Finish identity verification before you need the money. Fiat withdrawals stay locked until it is done.
- Banks may question a large first transfer from an exchange. Keep the exchange's statement and the history of your purchases as proof of where the money came from.
Crypto rules in Mexico
Partly regulated- Buying and holding crypto is legal.
- Crypto is not legal tender.
- Banks may not offer crypto buying, custody or transfers themselves.
A plain-language summary for orientation, not legal advice. Rules change; check the sources before acting.
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