11 Exchanges to Buy Bitcoin in Venezuela

If you are looking for Exchanges to buy Bitcoin in Venezuela you can use the services offered by Coinmama. This web platform specialized in buying and selling crypto coins allows users from almost every country in the world to register.

In order to buy and sell Bitcoin in Coinmama, all you have to have is a credit or debit card to be charged. Coinmama charges for its services a commission of 6% of the operation.

Registered users of this Exchange who reside in Europe can pay by bank transfer paying a lower commission than if paid by credit card.

Do you want to buy Bitcoins through Exchange Coinmama? Read carefully this guide where I show you step by step how Coinmama works.

Advantages of Coinmama

• You can buy Bitcoins in Coinmama from almost any country in the world: It has more than 2,000,000 customers spread over 188 countries.
• Coinmama customers enjoy higher limits to buy Bitcoins if they use the credit card as payment method.
• Coinmama is one of the most reliable Exchange where you can buy Bitcoins in Venezuela.

Inconveniences of Coinmama

• It has one of the highest commissions if you use your credit/debit card as payment method.
• Coinmama requires that when you register you enter some personal data to verify your identity.

Another of the Exchanges to buy Bitcoin in Venezuela is LocalBitcoins, with this web platform you will be able to buy and sell Bitcoin from a private individual to a private individual. It is a web platform that helps to put buyers in contact with sellers with nearby locations.

To check if LocalBitcoins operates in your place of residence, simply check using the following link.

The most common form of payment at LocalBitcoins is a cash deposit, as sales are made in person. However, it is also possible for users to post transactions with the payment method they prefer.

When we buy Bitcoins using Exchange LocalBitcoins, the purchase-sale is done in person and completely privately. Surely this is one of the best ways to buy Bitcoin in Venezuela.

LocalBitcoins advantages

• LocalBitcoins offers a totally private service, fast and easy to use.
• Transactions between individuals do not require personal information, only the exchange of money by Bitcoins.
• Bitcoin purchases can be made quickly through a cash deposit.

Inconveniences of LocalBitcoins

• Beware of scams and always follow the rules: When you meet the seller of Bitcoins never go alone, do not stay in lonely places and do not carry large amounts of money with you.
• Buying large quantities of Bitcoins through LocalBitcoins is more difficult compared to other Exchanges. The reason is because the sellers are individuals and it is difficult to find one that sells many Bitcoins.
• Since it is the seller who sets the selling price of the Bitcoins, it is possible that the selling prices on LocalBitcoins may be slightly higher than those on the market. Although this exchange offers us the possibility of choosing the seller according to various criteria, the selling price being one of them.

The third of the Exchanges to buy Bitcoin in Venezuela is a group Bitcoin Venezuela from Facebook.

This group of buying and selling Bitcoins between individuals is the citizen alternative to the closing of the Exchange by the Venezuelan government. As they are transactions between individuals, they are a very good option in terms of speed and privacy.

Advantages of Bitcoin Venezuela

• Negotiate privately in person, not online via bank transfer.
• The transaction is fast: You meet with the seller and the purchase-sale takes place instantly.
• You can always ask for references in the group of a certain seller.

Inconveniences of Bitcoin Venezuela

• When selling Bitcoins between private individuals you must take extreme security measures to avoid deception or theft.

SurBitcoin was the first Exchange where to buy Bitcoins from Venezuela. Today it facilitates and secures private transactions between buyers and sellers of Bitcoin. The only payment method is to deposit funds in a bank account.

Advantages of SurBitcoin

• Payments from the same bank can be settled in a few hours.
• Trusted and verified operators can receive bitcoins without having to wait for deposit confirmation.
• SurBitcoin is a Venezuelan Exchange that allows you to buy Bitcoins.

Inconveniences of SurBitcoin

• The government can close the Exchange or stop trading unpredictably.
• Payments from different banks can take up to 2 business days to clear.
• Privacy is average because when you register you must enter your personal data so they can verify your account.

Cryptobuyer is Venezuela’s Exchange Bitcoin that allows you to buy Bitcoins online by national bank transfer, credit card or national debit card.

They also allow you to buy Amazon gift cards or top up your mobile phone card using Bitcoins as a payment method.

Cryptobuyer advantages

• There are no limits on the sales of Bitcoin, you can buy as many as you want or you can.

Cryptobuyer’s Inconveniences

• The government can close the stock exchange or stop trading unpredictably.
• The service that buys and sells Cryptobuyer Bitcoins is not private as identity verification is required.
• Purchase limit of VEF 50,000 for credit/debit cards.

One of the most particular Exchanges to buy Bitcoin in Venezuela is Mycelium Local Trader, it is actually a platform that helps us find local Bitcoin sellers. Once you’ve located a seller, just make an appointment to carry out the operation.

Mycelium charges absolutely no commission, point in your favor. While Mycelium Local Trader works very well in highly populated areas, users in sparsely populated areas will have trouble finding vendors.

Advantages of Mycelium Local Trader

• An easy and cheap way to buy bitcoins with cash.
• Private way to buy bitcoins, no personal information is required beyond the mobile phone number.

Inconveniences of Mycelium Local Trader

• Users in sparsely populated areas will have trouble finding vendors.

The last of the Exchanges to buy Bitcoin in Venezuela is Changelly whose particularity is that it allows us to buy Bitcoin using Litecoin, Dogecoin, altcoins and many other cryptocurrencies as a form of payment.

Changelly works in almost all countries but requires the user to have another cryptocurrency because it is the defined form of payment. Exchanges occur almost instantly because Changelly never controls your tokens but exchanges them.

Changelly’s advantages

• The easiest and fastest way to buy bitcoins with altcoins
• Rates are reasonable for larger merchants

Changelly’s Inconveniences

• You need altcoins or other digital tokens to use