Buda Cryptocurrency Exchange: Price, Trading Volume, and Market Overview

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Buda is a prominent centralized cryptocurrency exchange, currently ranked #70 on the BitDegree crypto tracker. With a 24-hour trading volume of $1,349,146** and a weekly volume exceeding **$847 million, Buda has solidified its position as a key player in Latin America’s digital asset landscape. Founded in 2015, Buda operates primarily in Chile, Colombia, Peru, and Argentina—countries where it has developed robust infrastructure for crypto trading and adoption.

Headquartered in Santiago, Chile, Buda aims to lead the digital currency revolution across South America. The platform enables users from other regions to participate, provided that cryptocurrency activities are legally permitted in their respective jurisdictions.

Security and User Verification

To ensure platform integrity, Buda employs a rigorous Know Your Customer (KYC) verification process. Users must submit government-issued identification, proof of address (such as utility bills), and a real-time selfie. What sets Buda apart is its use of an AI-powered verification system that analyzes selfies to prevent fraud and confirm user authenticity—a critical layer of security in today’s threat landscape.

This advanced approach not only strengthens compliance but also enhances user trust, making Buda one of the more secure exchanges in the region.

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Supported Markets and Trading Pairs

Buda supports five core markets: BTC (Bitcoin), COP (Colombian Peso), PEN (Peruvian Sol), ARS (Argentine Peso), and CLP (Chilean Peso). These fiat gateways allow local users to seamlessly deposit and trade cryptocurrencies using their national currencies.

The exchange operates a spot trading system with 21 active trading pairs. Notable assets available for trading include:

All transactions occur on the Buda spot market, meaning users buy and sell actual cryptocurrencies without leverage. It's important to note that Buda does not support margin or leveraged trading, focusing instead on secure, transparent spot transactions ideal for beginners and long-term investors.

Trading Fees and Tiered Incentive System

Buda applies different fee structures based on trader roles:

To encourage higher trading activity, Buda uses a tiered fee model with seven levels. As your monthly trading volume increases, your fees decrease progressively. At the highest tier, maker fees drop to just 0.1%, while taker fees fall to 0.2%.

This incentive structure rewards active traders and promotes liquidity on the platform—key factors for a healthy exchange ecosystem.

Deposit and Withdrawal Policies

When it comes to deposits and withdrawals, Buda maintains a clear and user-friendly policy:

These transparent cost structures help users plan their transactions efficiently and avoid unexpected costs.

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Founders and Leadership

Buda was co-founded in 2015 by Alejandro Beltran and Guillermo Torrealba, two visionaries with deep roots in finance and technology.

Alejandro Beltran

Beltran brings over a decade of experience in financial instruments, investment brokerage, and traditional capital markets. He holds a degree in Corporate Finance from Universidad de los Andes and a Master’s in New Technologies from the University of Salamanca. Previously working as a foreign trade analyst at Bancomext, he now serves as Buda’s Country Manager in Colombia.

Guillermo Torrealba

Torrealba graduated with a business degree from the University of Chile. His background includes consultancy work at Innspiral and co-founding Baltoro, an energy efficiency startup. His entrepreneurial mindset played a crucial role in shaping Buda’s innovative approach to crypto trading.

Together, they’ve built a platform that bridges traditional finance with the emerging world of blockchain—particularly tailored for Latin American markets.

Strategic Partnerships

One of Buda’s most significant developments is its partnership with Banco de Bogotá, Colombia’s oldest bank. This collaboration allows Colombian users to deposit and withdraw COP directly between their bank accounts and the Buda platform.

While previous integrations were supported informally by Banco de Bogotá, this official alliance now recognizes crypto transactions as legitimate financial operations. This reduces the risk of account freezes or transaction blocks by banking operators—an ongoing challenge for many crypto users in the region.

Such institutional validation marks a turning point for crypto adoption in Latin America, signaling growing acceptance from traditional financial systems.

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Frequently Asked Questions (FAQ)

Q: Is Buda available outside South America?
A: Yes, users from other countries can access Buda, but they must ensure that cryptocurrency activities are legal in their jurisdiction.

Q: Does Buda offer margin or futures trading?
A: No. Buda only supports spot trading. It does not provide margin, leverage, or derivatives trading options.

Q: How long does KYC verification take on Buda?
A: Most verifications are completed within 24–48 hours, though processing times may vary depending on document quality and system load.

Q: Are there any hidden fees when trading on Buda?
A: Buda maintains transparent pricing. The main costs are maker/taker fees and withdrawal network fees. Fiat transactions may include bank-related charges.

Q: Can I deposit fiat currency into my Buda account?
A: Yes. Users in supported countries (Chile, Colombia, Peru, Argentina) can deposit local currencies like CLP, COP, PEN, and ARS through various methods.

Q: What makes Buda different from other regional exchanges?
A: Buda stands out due to its strong regulatory compliance, AI-driven identity verification, official banking partnerships, and focus on Latin American market needs.

Core Keywords:

With its user-centric design, regulatory alignment, and strategic growth in key markets, Buda continues to play a vital role in expanding access to digital assets across Latin America. Whether you're new to crypto or an experienced trader, understanding platforms like Buda offers valuable insight into the evolving global financial ecosystem.