Where to Buy and Sell Bitcoin in Chile

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Chile has emerged as one of Latin America’s most dynamic markets for cryptocurrency adoption. With increasing economic uncertainty and growing digital awareness, more Chileans are turning to bitcoin as a way to protect and grow their wealth. Whether you're a beginner or an experienced trader, several reliable and accessible options exist for buying and selling bitcoin in Chile — from centralized exchanges and peer-to-peer (P2P) platforms to Bitcoin ATMs and social networks.

This guide explores the most trusted methods available today, offering practical insights into fees, security, usability, and local availability — all while helping you navigate the evolving crypto landscape in Chile.

Centralized Exchanges for Buying and Selling BTC in Chile

Centralized exchanges (CEXs) are digital platforms that facilitate the direct purchase and sale of cryptocurrencies using Chilean pesos (CLP). These platforms offer user-friendly interfaces, advanced trading tools, mobile apps, and custodial wallets — making them ideal for both new and experienced users.

Buda

Buda is one of the most established cryptocurrency exchanges in Latin America. Founded in 2015 in Santiago, Chile, it originally operated under the name SurBTC before rebranding. Today, Buda serves not only Chile but also Argentina, Colombia, and Peru.

The platform supports trading between bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), litecoin (LTC), and Chilean pesos. It also integrates the Lightning Network, enabling faster and cheaper BTC transactions.

Backed by notable investors like Digital Currency Group and CORFO (Chile’s economic development agency), Buda combines regulatory compliance with strong security practices.

👉 Discover how easy it is to start trading on a secure global platform.

CryptoMarket

Based in Chile and Brazil, CryptoMarket launched in 2017 as the first exchange in Latin America dedicated to ethereum trading. Over time, it expanded its offerings to include bitcoin (BTC), EOS, Stellar (XLM), and CLP.

CryptoMarket stands out for its focus on security and regulatory compliance — proudly claiming to be the only South American platform with a license for digital asset custody.

Cripto Intercambio

Cripto Intercambio operates as a non-custodial exchange, allowing users to swap over 100 cryptocurrencies instantly without registration or identity verification. While it doesn’t support direct fiat deposits or withdrawals in CLP, it’s ideal for users who value privacy and speed.

Transactions are completed through third-party liquidity providers, ensuring competitive rates across major blockchains.

Orionx

Orionx is a streamlined platform focused on simplicity and fast execution. It offers both direct buy/sell functionality and a full trading interface with real-time price charts and order books.

Despite facing banking challenges — including account closures by BancoEstado in 2018 and 2020 — Orionx successfully defended its operations through legal action, reinforcing its resilience in Chile’s uncertain regulatory environment.

Peer-to-Peer (P2P) Platforms for Bitcoin Trading in Chile

P2P exchanges connect buyers and sellers directly while acting as intermediaries to ensure transaction safety. These platforms often support multiple payment methods — including bank transfers, PayPal, gift cards, and even cash — making them highly flexible.

They typically use escrow systems to protect both parties until the transaction is confirmed.

LocalBitcoins

One of the earliest P2P platforms, LocalBitcoins launched in 2012 and remains active in over 200 countries — including Chile. The platform enables users to post buy/sell ads or browse existing offers using CLP via bank transfer or other methods.

A built-in escrow system holds BTC securely during trades, minimizing fraud risk. Users also benefit from a reputation score system that promotes trust.

While activity has declined globally since its peak, LocalBitcoins still maintains a presence among Chilean traders seeking direct peer interaction.

LocalCryptos

Originally launched as LocalEthereum in 2017, this platform rebranded to LocalCryptos in 2019 to support additional cryptocurrencies. Headquartered in Australia, it allows P2P trading of BTC, ETH, LTC, and CLP.

A key advantage is its non-custodial model — users can link hardware wallets like Ledger or software wallets like MetaMask, maintaining full control over their private keys.

LocalCryptos also allows migration of reputation scores from LocalBitcoins — helping experienced traders build credibility quickly.

Paxful

Launched in 2015 and based in Estonia, Paxful is a major global P2P marketplace supporting over 300 payment methods — including Mercado Pago, Western Union, Amazon gift cards, and bank transfers.

With weekly global trading volumes exceeding 3,800 BTC, Paxful offers high liquidity and flexibility for Chilean users looking to buy or sell BTC using unconventional payment channels.

👉 Start trading peer-to-peer with confidence on a trusted international network.

Bitcoin ATMs in Chile

Bitcoin ATMs allow users to buy — and sometimes sell — bitcoin instantly using cash or debit cards. As of now, all known Bitcoin ATMs in Chile are located in Santiago.

Although their numbers remain limited compared to countries like the U.S., they offer a tangible entry point for those unfamiliar with online exchanges.

Bitcoin Teller

Bitcoin Teller designs powerful yet simple crypto ATMs deployed worldwide. In Santiago, its machine is located at Ibitt Exchange.

Trovemat

Trovemat machines meet basic security standards and support multiple cryptocurrencies. The unit in Santiago allows trading between five major coins and CLP.

Bitcoin D.A.V.E.

This manufacturer integrates Shapeshift.io into its ATMs, enabling conversion between BTC and numerous altcoins. Located at Bridge by Accenture — a tech innovation hub — this machine supports bidirectional transactions within set limits.

Lamassu

Installed in December 2017 by Bloque Austral — a local blockchain advocacy group — this Portuguese-made ATM was one of Chile’s first multi-crypto machines.

Currently operational only for purchases:

Alternative Ways to Trade Bitcoin in Chile

Beyond formal platforms, informal channels like social media groups — particularly on Facebook — play a role in P2P trading. Groups such as Bitcoin Chile, supported by Asociación Bitcoin Chile, enable members to trade directly without fees.

However, these methods carry higher risks due to lack of escrow protection or dispute resolution mechanisms — relying solely on personal trust.

Additionally, virtual kiosks like those offered by Paxful allow website owners to accept crypto payments easily — promoting wider adoption among small businesses.

👉 Unlock new ways to earn and spend cryptocurrency — start exploring today.

Frequently Asked Questions (FAQ)

Q: Is it legal to buy bitcoin in Chile?
A: Yes. While there is no specific regulatory framework governing cryptocurrencies yet, buying and selling bitcoin is not illegal. Banks have previously restricted services to exchanges, but individuals remain free to trade through approved platforms.

Q: Which exchange is best for beginners in Chile?
A: Buda is widely recommended due to its user-friendly interface, mobile app support, strong security measures, and local customer service.

Q: Can I use PayPal to buy bitcoin in Chile?
A: Yes — platforms like Paxful allow PayPal as a payment method for P2P bitcoin purchases.

Q: Are Bitcoin ATMs safe to use?
A: Generally yes — especially machines from reputable providers like Bitcoin Teller or Trovemat. Always verify fees and transaction limits before use.

Q: Do I need to pay taxes on crypto gains in Chile?
A: Profits from cryptocurrency trading may be subject to income tax depending on frequency and intent. Consult a local tax advisor for personalized guidance.

Q: How can I keep my bitcoin safe after purchasing?
A: Transfer funds from exchange wallets to private wallets (like hardware or mobile wallets). Avoid leaving large amounts on custodial platforms long-term.

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