Bitso competitors for USDT swaps
Unigox is one of the Bitso competitors for a single job: swapping USDT or USDC with local money, priced by P2P merchants and payment businesses. For other coins, stocks, Earnings or an order book, stay with Bitso.
When Unigox fits better than Bitso
You want a second price on the same USDT
A swap in the Bitso app carries Bitso's spread, which depends on your region and the currencies. You see it on the summary screen before you confirm, and the rate holds for about 20 seconds. On Unigox a P2P merchant or a payment business quotes your amount, with the Unigox fee inside the rate. Compare the two amounts on the same day.
Your USDT arrives on TON or Solana
Bitso takes USDT on Ethereum, Polygon and Tron only, and says it cannot recover assets sent on a network it does not support. The Unigox sell form takes deposits on TON, Tron, Solana and the EVM chains it lists.
You want the buyer to pay your bank account
On Bitso a sale ends in your Bitso balance, and a separate withdrawal moves the money to your bank. On Unigox the merchant who buys your USDT pays the account you name on the trade. During a trade the crypto sits in an on-chain escrow that Unigox can release only to the buyer or the seller.
When to stay with Bitso
You hold other coins or stocks, or earn on USDC
Bitso lists more than 100 crypto assets and more than 5,000 global stocks and ETFs in one app, and pays up to 4% a year on a USDC balance. Unigox only swaps stablecoins with local currencies.
You place your own orders
Bitso Alpha runs order books, including USDT against Mexican and Argentine pesos, with market, limit, stop-loss and stop-limit orders. At the lowest volume tier, books priced in Mexican pesos cost 0.60% maker and 0.78% taker.
You want dollars in a US bank account
Bitso treats USDT and USDC as one Digital dollars balance, 1:1 with no conversion fee. It can pay it out as US dollars by ACH for 2.99 USD or by wire for 11.99 USD plus 0.17%.
Your money already sits in Bitso
Moving crypto between two Bitso accounts uses no blockchain and costs no network fee. Peso withdrawals to a bank in Mexico or Argentina are free. If you swap inside Bitso and pay Bitso users, there is little to gain by leaving.
Bitso vs Unigox for one USDT swap
The rows follow one swap between USDT and money in your bank account, not the rest of the Bitso app.
| Topic | Bitso | Unigox |
|---|---|---|
| What it is | An exchange app with more than 100 crypto assets, stocks and ETFs, Earnings and transfers, plus the Bitso Alpha trading platform. | A place to swap USDT or USDC with local money, filled by an individual P2P merchant or a payment business. |
| How the swap is priced | In the app, a rate with Bitso's spread inside, locked for about 20 seconds; the spread varies by region and currency. On Alpha, the order book price plus a separate maker or taker fee. | A rate for your amount quoted by a P2P merchant or a payment business, with the Unigox fee already inside it. |
| Money to your bank | A separate withdrawal after the sale:
| Part of the trade: the buyer pays the account you name, and you confirm when the money is there. During a trade the crypto sits in an on-chain escrow that Unigox can release only to the buyer or the seller. |
| Pesos in, to buy USDT | Deposit first: by SPEI in Mexico, or by transfer to your Bitso CVU in Argentina from an account in your own name. Then buy in the app or on Alpha. | Where buying is open, you pay a P2P merchant directly from your bank. The USDT is released from escrow once the merchant confirms your payment. |
| USDT networks | USDT on Ethereum, Polygon or Tron. A crypto withdrawal costs one flat fee, network cost included. Sends between Bitso accounts have no network fee. | Deposits for a sale on TON, Tron, Solana or a supported EVM chain. You can move USDT or USDC between Unigox and an outside wallet before or after a trade. |
| Identity and limits | Identity verification before you trade, monthly deposit and withdrawal limits by account level, and a validated CURP for SPEI transfers out in Mexico. | Identity verification before your first trade, whatever the amount. |
| Regulation | Authorized and regulated by the Gibraltar Financial Services Commission for its digital asset services. Peso deposits by SPEI in Mexico are operated by Nvio México. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxMoving a USDT swap from Bitso to Unigox
Verify on Unigox
Sign up on Unigox and pass its identity check before the first trade. Checks done at Bitso are not reused.
Send the USDT across
On the sell form choose External Wallet or Exchange, select the network and copy the deposit address. From Bitso, send on Tron or Ethereum, a network both sides list, and expect Bitso's flat withdrawal fee.
Name your account and accept the rate
Enter the amount and the bank account to be paid, then confirm the rate quoted for that amount.
Check your bank, then release
When the buyer's payment shows in your account, confirm it, and the escrow releases the USDT to them.
Questions about Bitso
Who are Bitso's competitors for swapping USDT?
For swapping USDT or USDC with local money, Unigox is one: P2P merchants and payment businesses quote your amount. For a full exchange with other coins, stocks and an order book, compare Bitso with other exchanges. We have compared Unigox with Binance and Bybit too.
Read the Binance P2P comparisonWhat are Bitso's fees for buying and selling crypto?
In the Bitso app you pay a spread inside the rate, shown on the summary screen before you confirm. The percentage depends on your region and the currencies. On Bitso Alpha, books priced in Mexican pesos cost 0.60% maker and 0.78% taker at the lowest volume tier, and books priced in Argentine pesos 0.45% and 0.60%. Peso withdrawals to a bank in Mexico and Argentina are free. Sending crypto out costs a flat fee per withdrawal.
Bitso vs Unigox: which suits a USDT sale?
Bitso if the USDT already sits there, you trade on Alpha or you want US dollars by ACH. Unigox if you want a merchant's quote next to Bitso's spread, the buyer to pay your bank as part of the trade, or your USDT arrives on TON or Solana.
Can I send USDT from Bitso to Unigox?
Yes. Bitso sends USDT to outside addresses on Ethereum, Polygon or Tron for a flat fee per withdrawal. Use Tron or Ethereum, pick the same network on the Unigox sell form, and check the first and last characters of the address before you confirm.
Compare a Unigox quote with Bitso's for the same USDT
Enter the same USDT amount on Unigox and in the Bitso app on the same day, and compare the local money each one gives you for it.
Bitso and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.