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Buda Review 2025

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Buda Review 2025
Fiat pairsMobile TradingOTC MarketAPI TradingSpot Trading
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Buda
Headquarter:Santiago, Chile
Founded:2015
Coins:6
US Accepted:
Max Leverage:1:1
About
Buda is a crypto exchange based in Chile. The exchange offers up to 50% discounts on commission rates in its latest promotion and also USDT/USDC pair incurs 0.0% fees. 20% referral commission and API trading are some of Buda.com offerings.
Contact
1588 Las Catalpas ,Santiago, Region Metropolitana, Chile
Rank and Score
Pros and Cons
User Levels
Pros
Local fiat currencies support
web and mobile trading platform
Referral program
90% of user funds stored in cold storage
Cons
Limited digital assets
No margin trading
No copy trading or staking services
Only available in select South American countries

Buda offers OTC and Spot trading on 6 cryptocurrencies in 5 markets, including CLP, COP, PEN, BTC, and USDC. The platform provides REST and Websockets API solutions. Crypto Buy and Sell transactions incur a 1.2% fee.

Buda Exchange Key Details

Buda Exchange, headquartered in Santiago, Chile, has established itself as a prominent cryptocurrency platform in Latin America since its inception in 2015.

Buda.com
Buda is a crypto exchange with 600K+ users

Founded by Guillermo Torrealba, Buda.com SpA is funded by multiple companies, including Digital Currency Group, Inversiones Sauzalito, and Mintic.

Buda.com Table of Specifications

Users have traded $3B+ on Buda. Let’s see what features have made the company the largest crypto exchange in South America.

Exchange

Buda

Launch Date

2015

Levels

7 levels

Trading Fees

Maker 0.10% - 0.40%

Taker 0.20% - 0.40%

Restricted Countries

Only available in Chile, Colombia, Peru, and Argentina

Supported Coins

6

Futures Trading

No

Minimum Deposit

$1

Deposit Methods

Crypto, CLP, COP, PEN

Withdrawal Methods

Crypto, CLP, COP, PEN

Maximum Leverage

1:1

Minimum Trade Size

Variable based on the market

Security Factors

Cold Storage, Partnership with Chainalysis, Dynamic Key

Services

Spot Trading, API, OTC Market

Customer Support Ways

Live Chat, Twitter, Email

Customer Support Hours

Monday through Friday from 9:00 AM to 6:00 PM (GMT-3)

Fiat Deposit

Yes

Affiliate Program

Yes

Orders Execution

Market

Native Token

No

Buda User Levels

The exchange has implemented a 7-tier user level system offering fee discounts based on 30-D trading volume in USD.

Tier

30-D Trading Volume (USD)

Tier 1

0 - 2K

Tier 2

2K - 20K

Tier 3

20K – 100K

Tier 4

100K – 500K

Tier 5

500K – 2.5M

Tier 6

2.5M – 5M

Tier 7

5M+

Buda Exchange Fees Explained

The platform charges 1.2% for buy/sell transactions, 2.4% for crypto swaps, and no fees on crypto deposits. The trading fee varies based on the user level. We’ll list the trading fees for each user level in this Buda review.

User Level

Maker

Taker

Tier 1

0.40%

0.80%

Tier 2

0.35%

0.70%

Tier 3

0.30%

0.60%

Tier 4

0.25%

0.50%

Tier 5

0.20%

0.40%

Tier 6

0.15%

0.30%

Tier 7

0.10%

0.20%

Note that the exchange offers up to 50% additional discounts for trading selected pairs, such as USDC/PEN and USDC/COP. As a recent promotion, it charges no commissions for trading USDT/USDC.

Supported Cryptocurrencies on Buda.com

The exchange has listed 6 cryptocurrencies and 20 trading pairs in 5 markets.

Buda Exchange Digital Assets
A list of available Crypto/Fiat trading pairs on the Buda platform

Available markets include Chilean Peso (CLP), Colombian Peso (COP), Peruvian Sun (PEN), Bitcoin, and USDC. Available digital currencies on Buda exchange:

  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Ethereum (ETH)
  • USDC
  • Tether (USDT)

Does Buda Offer Leveraged Trading?

Buda Exchange does not offer Futures and Margin trading. This decision aligns with the platform's focus on providing a straightforward and relatively low-risk trading environment for its users, particularly in the context of the South American market where cryptocurrency adoption is still growing.

Buda.com Registration and KYC

Opening an account on Buda.com requires an email and completing the Know Your Customer (KYC) process.

  1. Visit the exchange’s official website
  2. Click “Create Account”
  3. Provide your email address and set a strong password
  4. Click on the verification link sent to your email
  5. Choose “ID Verification” in the client dashboard
  6. Select the country of your ID card
  7. Scan the QR code to continue the process on your smartphone
  8. Scan your ID and complete the biometric verification
  9. Provide proof of address
  10. Set up your investor profile

Buda Safety and Security

The exchange keeps 90% of the clients’ assets in offline cold wallets. Buda.com previously offered up to $5,000 in rewards through its Bug Bounty Program, however, the program has been suspended since early 2023. Buda security measures:

  • Partnership with “Chainalysis” as a third-party solution to monitor transactions
  • Dynamic Key to login account
  • Cold storage

Buda.com Payment Methods

The platform supports Fiat and Crypto transactions. The supported fiat currencies include Chilean Peso (CLP), Colombian Peso (COP), and Peruvian Sun (PEN). Buda exchange deposit and withdrawal options:

Currency

Method

Deposit Fee

Withdrawal Fee

Chilean Peso (CLP)

Bank Transfer

0

0

Credit Card WebPay

1.49%

Not Available

Debit Card WebPay

2.92%

Not Available

Colombian Peso (COP)

Bank Transfer PSE

COP 3,000

Not Available

Bank Transfer ACH

Not Available

COP 2,150 + 0.4%

Transfer TPaga

Not Available

0

PSE TPaga

COP 2,500

Not Available

Peruvian Sun (PEN)

Bank Transfer

0

PEN 4

Debit Card

2.25% + PEN 0.70

N/A

Credit Card

3% + PEN 0.70

N/A

Buda Exchange User Experience

The company has an acceptable standing in clients’ views. There are 156 comments on the Buda Trustpilot profile resulting in a score of 3.3 out of 5. While 85% of Buda reviews on TP are positive (4-star and 5-star), only 14% are 1-star.

Buda Trustpilot
Buda hasn’t claimed its profile on Trustpilot

Does Buda.com Support Copy Trading or Investment Plans?

While the exchange doesn’t offer copy trading or investment plans, it provides two API protocols, including REST and Websockets, suitable for developing EAs and automated trading. The exchange also offers an affiliate program for passive income with the following features:

  • 20% of referred clients’ commissions
  • No limits
  • Tax included in Chile
  • Monthly payouts

Writer’s opinion and conclusion

Buda provides access to 20 trading pairs with a maker fee ranging from 0.10% to 0.40% and a taker fee ranging from 0.20% to 0.80%.

Buda.com has a score of 3.3 on Trustpilot. It provides services in Chile, Colombia, Peru, and Argentina.

FAQs

What cryptocurrencies can I trade?

The exchange offers 20 trading pairs on 6 digital assets, including Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), USDC, and Tether (USDT).

Is leveraged trading available?

Buda exchange only supports Spot and OTC trading.

What fiat currencies are supported?

The platform supports 3 fiat currencies, including Chilean Peso (CLP), Colombian Peso (COP), and Peruvian Sun (PEN).

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