Chivo Wallet review

Taker fees come to 0% and maker fees to 0%, so buying and selling carry no charge in either direction. That is why the cost part of the score is 9, and it lifts the brand to 1 of 118 on the taker fee ranking.

The list holds 1 coin, which places Chivo Wallet 164 of 172 on the coins listed ranking. Exchanges in the ranking typically sit at 74.5, so this is a wallet built around a very small selection.

Derivatives are not offered, and the account is cex, a centralised setup that covers spot buying and sending rather than futures, leverage or margin. Anyone whose plan depends on trading beyond the spot price will need a different provider.

The account is custodial, which is what custodial records. The platform holds the balance on the holder's behalf rather than the holder managing keys, so the coins sit inside the exchange account until they are sent elsewhere.

Chivo Wallet is headquartered in El Salvador and was founded in 2021. Both point to a young operation built around its home market rather than a long history across many regions, which matters for anyone who wants a provider with a wider track record.

Across the site the median taker fee is 0.2%, and Chivo Wallet's is 0%. That places it 1 of 118 on the ranking, a clear gap below the typical charge, though a low fee on a small list narrows what the saving can be spent on.

The overall score is 5.3 out of ten, split into a cost part of 9 and an offer part of 0.2. The pattern is plain: the cost side carries the profile and the offer side adds little, so it works as a cheap single asset home rather than a full exchange.