Buy bitcoin with P2P trades with escrow in Panama

Status: Legal
Currency: United States dollar (USD)
Takes P2P trades with escrow: 1 exchange
Last reviewed: 2026-08-12

1 of the exchanges we recommend in Panama takes P2P trades with escrow for funding bitcoin purchases. It is one of several rails in use here; the full picture is in the Panama guide.

Exchanges that take P2P trades with escrow in Panama

Ranked as in our Panama 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
US dollar bank transfer, Credit or debit card, P2P trades with escrow
Buy on Binance Read the Binance review

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

Other ways to pay in Panama

P2P trade in other countries

Frequently asked questions

Which exchanges accept P2P trades with escrow in Panama?

Of the 3 exchanges we recommend in Panama, Binance accepts P2P trades with escrow for funding purchases.

Is buying bitcoin with P2P trades with escrow legal in Panama?

Bitcoin is legal in Panama, operating on the principle that what is not prohibited is allowed. A comprehensive crypto bill passed the National Assembly in 2022, was partially vetoed by President Cortizo over anti-money-laundering concerns, and was then declared unconstitutional by the Supreme Court in 2023, leaving no dedicated framework in force. Panama's territorial tax system means foreign-sourced gains are generally untaxed, which keeps the country attractive to crypto holders despite the regulatory vacuum.