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.

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.

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.
- Visit the exchange’s official website
- Click “Create Account”
- Provide your email address and set a strong password
- Click on the verification link sent to your email
- Choose “ID Verification” in the client dashboard
- Select the country of your ID card
- Scan the QR code to continue the process on your smartphone
- Scan your ID and complete the biometric verification
- Provide proof of address
- 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.

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.