The Bitso Alpha recorded an exponential growth in 2024 and this year, as more customers seek advanced charts and sophisticated tools.
Bitso has been an active player in the mainstream adoption of crypto assets in Latin America (LATAM). The veteran cryptocurrency exchange founded in 2014 reports that its customers across LATAM increased by 12% to 9 million in 2024 compared to the prior year. According to Bitso Business, the blockchain technology and crypto assets will play a crucial role in streamlining the region’s fastest-growing cross-border payments, which are projected to rise from $600 billion to reach $1.37 trillion by 2030.
In 2024, countries within the LATAM region recorded the highest transaction volume by asset compared to other global regions. Argentina, Brazil, Colombia, Mexico, and Venezuela have led in the cryptocurrency adoption in LATAM, largely due to the devaluation of local currencies.
Furthermore, most crypto traders within the LATAM region have adopted stablecoins, with the top four nations outshining global demand. A Chainalysis report shows Argentina, Brazil, and Colombia crypto traders recorded a Stablecoin transaction volume of 61%, 59%, and 66% respectively in 2024.
Source: Chainalysis
On the Bitso crypto exchange, the monthly stablecoin trading volume surged exponentially in 2024 compared to that of fiat currencies.
Source: Chainalysis
After analyzing its customer data keenly, Bitso found out that more customers have been leaning towards sophisticated algorithmic trading. According to the Bitso’s report, although the number of its Alpha users is significantly lower than Classic users, both platforms generate almost similar transaction volume.
As such, Bitso is keen to unveil a new product in 2026 to remain competitive in LATAM and globally. Furthermore, the mainstream adoption of digital assets has been fueled by institutional investors, professional traders amid clear regulatory frameworks.
In a bid to remain competitive and help onboard the next 1 billion users to the web3 space, Bitso exchange is preparing to launch a multi-platform Perps Aggregator. The upcoming Perps Aggregator, scheduled to launch in the first quarter of 2026, will help crypto leveraged traders access the best perpetual trading routes.
Source: X
The Bitso’s Perps Aggregator will run on the Bitso Onchain platform and will enable users to track a unified USDC balance. Meanwhile, Bitso plans to conduct an initiative dubbed Season 0 beginning December 1 to help engage more users before the launch of the Perps Aggregator.
“Bitso Onchain is how we bring the full promise of Web3 to everyone – speed, fairness, and transparency built in,” said Daniel Vogel, CEO and Co-Founder of Bitso. “We’re building a global self-custody trading platform that works with the simplicity of a CEX, but with the freedom and openness only permissionless crypto can deliver.”
During recently held Devconnect Argentina, Bitso exchange also revealed plans to launch a Bitso Onchain token in 2026. Although the tokenomics details of the Bitso Onchain token have not been revealed, the project will heavily incentivize Bitso users. With that, Bitso will be able to onboard more global cryptocurrency users seeking institutional-grade trading services.
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