Mexo

Mexo is a cryptocurrency exchange platform founded in 2019 and launched in 2020, specifically designed to serve the Latin American market with a focus on Mexico. The platform operates through mexo.io and provides spot trading and derivatives trading services, offering more than 30 cryptocurrencies to users in the region. Mexo enables customers to buy, sell, and trade digital assets with features including market charts, operations calculators, technical analysis tools, and peer-to-peer trading functionality. The exchange is backed by Krypital Group, a blockchain venture capital fund and incubator founded in 2017, along with other investors including Palm Drive Capital and y2z. The platform distinguishes itself by supporting fiat-to-crypto transactions through partnerships with Latamex, allowing users in Mexico, Brazil, and Argentina to purchase cryptocurrencies using local currencies including Mexican pesos, Brazilian reals, and Argentine pesos via bank transfers. Mexo emphasizes security by storing over 90 percent of customer funds in offline multisignature cold wallets and encourages two-factor authentication for user accounts. The exchange implements Know Your Customer verification procedures requiring identity documentation from users. The platform offers a competitive fee structure with taker fees starting below 0.1 percent for low-value trades, positioning it among the more cost-effective options in the Latin American cryptocurrency market. Mexo also operates an affiliate program with commission levels reaching up to 35 percent on trading fees. The exchange is accessible through both web and mobile applications, serving as an entry-level platform for cryptocurrency investors in the region while also providing advanced trading features for experienced traders.