Lemon Cash review

Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Lemon is a straightforward on-ramp for Argentine users who want to buy crypto and spend it without leaving a prepaid card, with taker fees of 0% and no monthly card fee of ARS 0. Its appeal is local, and its limits are local too, so anyone trading across many assets should look elsewhere.

Key facts

Best for
Buying crypto in Argentina and spending it straight from a prepaid card.
Monthly fee
ARS 0↗
Card type
Prepaid↗
Cashback rate
0.5% to 2%↗
Card network
Visa↗
Custody
Custodial↗
Legal entity
Bay Treasure Caramel S.A.↗
Headquarters
Argentina↗
Founded
2019↗
Support channels
Email, Help-centre↗
Features
Crypto, Virtual card, Travel
Official website
lemon.me

Crypto exchanges

Taker fee
0%↗
Coins listed
50↗
Regulators
Comision Nacional de Valores (CNV)↗
Fiat deposit methods
Bank↗
Maker fee
0%↗
Proof of reserves
Yes↗
Derivatives
No↗
Exchange type
Cex↗

Crypto wallets

Wallet type
Mobile↗
Price
$0↗
Coins supported
50↗

Facts checked September 26, 2026, 8 sources

Apps and profiles

Pros and cons

Pros

  • Taker fees of 0% and maker fees of 0% keep trading costs simple on the exchange side
  • The Lemon card is a prepaid Visa card that turns crypto balances into everyday spending, with cashback of 0.5% to 2%
  • Registered with Comision Nacional de Valores (CNV) in Argentina and publishes proof of reserves, so the safety of customer money is addressed publicly
  • Fiat deposits run through bank transfers, and the mobile wallet is free to use at $0

Cons

  • Support runs on email and help centre only, so there is no live chat or phone line for urgent card problems
  • The coin list is narrower than the wider market at 50 assets, well under the 62 typical of the listings we track
  • Custody is custodial, and Lemon offers no derivatives, so trading is limited to spot buying and selling
Lemon Cash

Ready to try Lemon Cash?

Scored 8.4 / 10 by HodlCue.

Who it suits

  • Argentines holding pesos who want a local card linked to a crypto balance
  • First-time buyers who prefer simple spot buying over advanced trading
  • Users who want proof of reserves published by the platform holding their money

Who should look elsewhere

  • Traders chasing a long coin list, since Lemon lists 50 assets
  • Anyone who needs live chat or phone support from a help desk
  • Self-custody holders, because Lemon is custodial

How Lemon Cash compares

Where Lemon Cash is available

Available
Argentina, Brazil, Colombia, Peru
Licence in Argentina
Comision Nacional de Valores - Registro PSAV (162), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does Lemon charge to buy crypto?+

Trading fees sit at a taker fee of 0% and a maker fee of 0%. Lemon is a centralised exchange, so there is no separate spread tier to learn. The catch is the coin list: 50 assets are far fewer than the 62 median across the listings we track.

Is Lemon regulated in Argentina?+

Yes. Lemon appears on the Comision Nacional de Valores (CNV) register as a virtual asset service provider in Argentina. The legal entity behind the platform is Bay Treasure Caramel S.A., and the company was founded in 2019. Registration is a local authorisation, so it is not the same as a European or UK licence.

How do I put money into Lemon?+

Fiat deposits go in by bank transfer, which keeps things straightforward for a local bank account. Card funding is a common alternative elsewhere in the market but is not listed here. If you hold the currency in a foreign account, a multi-currency platform such as Wise may be a simpler route.

What is the Lemon card and what does it cost?+

The Lemon card is a prepaid card on the visa network, so your crypto balance works as everyday spending money. The monthly fee is ARS 0 and the wallet itself is free at $0. Card features listed include crypto, virtual card and travel options, and cashback runs at 0.5% to 2%.

Where are my coins held?+

Lemon holds them for you: custody is custodial, and it publishes proof of reserves, which most listed providers do. That is convenient but it means the platform holds the keys, so the account is the counterparty. If self-custody matters more to you, a hardware or software wallet listed here may suit better.

Can I trade derivatives or advanced products on Lemon?+

No, Lemon does not offer derivatives. Trading is spot buying and selling across 50 coins, and the exchange type is a cex. The mobile wallet app at $0 is the main interface, which suits straightforward buys rather than active positions.

Who is Lemon for, and who should skip it?+

It suits Argentine users who want to buy with pesos and spend crypto on a prepaid Visa card, with support limited to email and help centre. Skip it if you follow long-tail coins, need phone or chat support, or want to hold keys yourself. Monzo Flex, Wise and Bitpanda all charge £0, £0 and €0 monthly respectively if you need broader options.

How do I get help from Lemon?+

Help comes through email and help centre, meaning self-service articles plus email. There is no live chat or phone number listed, so a frozen card or a stuck withdrawal means waiting for an email reply. A help centre is offered by about 79.6% of the providers here, so check alternatives if you want faster channels.

Sources

  • bit2me.com/alternatives/lemon-cash checked September 26, 2026

    Backs: Exchange type, Headquarters, Maker fee, Taker fee

    “Lemon Cash, an Argentina-based crypto exchange”

  • lemon.me checked September 26, 2026

    Backs: Price, Wallet type

  • lemon.me checked September 26, 2026

    Backs: Custody, Derivatives, Fiat deposit methods, Legal entity, Support channels, Licences

    “Bay Treasure Caramel S. A, CUIT 30-71753495-2”

  • lemon.me/bitcoin checked September 26, 2026

    Backs: Coins listed

  • lemon.me/cashback checked September 26, 2026

    Backs: Cashback rate

  • lemon.me/lemon_card checked September 26, 2026

    Backs: Card type, Features, Monthly fee, Card network

    “Tarjeta VISA prepaga internacional, VISA Lemon Card”

  • lemon.me/prueba-de-reservas checked September 26, 2026

    Backs: Proof of reserves, Regulators

  • lemon.me/sobre_lemon checked September 26, 2026

    Backs: Coins supported, Founded

    “+50 activos digitales disponibles”

Compiled from 8 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.

Lemon Cash

Lemon Cash

Buying crypto in Argentina and spending it straight from a prepaid card.

8.4/10See alternatives