Buy bitcoin with P2P transfers via local banks in Colombia

Status: Legal
Currency: Colombian peso (COP)
Takes P2P transfers via local banks: 1 exchange
Last reviewed: 2026-08-12

1 of the exchanges we recommend in Colombia takes P2P transfers via local banks for funding bitcoin purchases. It is one of several rails in use here; the full picture is in the Colombia guide.

Exchanges that take P2P transfers via local banks in Colombia

Ranked as in our Colombia guide. Every payment method shown is verified for this exact exchange and country pairing.

1
Binance4.2
The largest crypto exchange by volume: deep liquidity and low fees, operating under a US settlement with mandatory KYC.
Fees
Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Card purchases and instant buys cost more because a spread and processing fee are added.
KYC
Required
Pay with
PSE, Credit or debit card, P2P transfers via local banks
Buy on Binance Read the Binance review

See the full how-to-buy guide for Colombia Everything about buying bitcoin with P2P trade

Other ways to pay in Colombia

P2P trade in other countries

Frequently asked questions

Which exchanges accept P2P transfers via local banks in Colombia?

Of the 4 exchanges we recommend in Colombia, Binance accepts P2P transfers via local banks for funding purchases.

Is buying bitcoin with P2P transfers via local banks legal in Colombia?

Bitcoin is legal to buy and hold in Colombia, but exchanges remain unregulated: crypto is classified as an intangible asset rather than currency, and it is not legal tender. The Superintendencia Financiera has run pilot programs with exchanges and issued repeated warnings, while Bill 510 of 2025, a licensing framework for virtual asset service providers, passed its first debate in Congress but is not yet law. Until it passes, platforms serving Colombians operate without a local licence.