ripio review

Spot trades cost a taker fee of 0.5% and a maker fee of 0.25%, which is more than the cheapest exchange on the site, ActivTrades at 0%. Derivatives are listed as no, so those fees apply to spot buying and selling only.

Fiat deposits go through banks, listed as bank. Card funding is not part of the listed set, so a bank account is needed to start. Withdrawals are charged separately, and the fee reads Free for bank transfers; 0.5% for crypto-to-fiat conversion.

Ripio appears in the licences under the Financial Intelligence Unit (UIF) in Argentina, and the licence record is 36. The account itself is custodial, so balances are held by Ripio rather than kept in an account you control.

The card type is listed as prepaid on the visa network, with a monthly fee of BRL 0 and a cashback rate of 5%. It is aimed at local spending in Brazil rather than use abroad.

The exchange lists 54 coins, below the site median of 62 and the exchange median of 74.5. The wallet behind the account supports a smaller set of 6 coins. Long-tail tokens are not a reason to pick this exchange.

Support runs on help centre only, so questions are answered through self-service articles rather than a live agent. There is no listed email, chat or phone channel, which can slow down awkward cases.

Staking is listed among the platform features, marked as staking, so coins can be staked through the account. Derivatives are no, which means there is no futures or perpetual market to hedge spot positions with.

The software wallet has a price of $0, and the card carries a monthly fee of BRL 0. Cashing out is the part that costs money: withdrawal fees read Free for bank transfers; 0.5% for crypto-to-fiat conversion.