Ripio Exchange
Ripio
Data verified on unchanged since the sources
Worth it if you operate in Latin America and want an exchange with local stablecoins and 10M+ users across 6 countries, integrated with Mercado Libre.
Avoid it if you're in Italy (not available) or want a mature consumer product: it's pivoting to B2B and the card is still in testing.
Ripio is a LATAM exchange with over 10 million users, present in six countries and a provider of local stablecoins for Mercado Libre. The company is pivoting toward B2B, and its card is still in testing, limited to Brazil.
Data & conditions
| Maker / Taker fee | 0.5% / 0.5% |
|---|---|
| Markets | Spot |
| Supported assets | 80+ |
| Trading pairs | 54+ |
| 24h volume (as of Jun 15) | $823.56K |
| Fiat on-ramp | Yes |
| Deposit methods | Bonifico bancario, Mercado Pago, Contanti, PayPal (USD) |
| Staking / Earn | Staking ETH, BTC, USDC disponibile |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | LATAM · 6+ countries |
| Regulator | Florida OFR, Argentina CNV |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | VASP Argentina+Brasile |
Strengths
- 10M+ users; stablecoin local for Mercado Libre; 6 countries.
- No notable sovereignty advantage documented.
Weaknesses
- Pivot B2B; card in test.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
With over 10 million users, presence in six countries and a role supplying local stablecoins for Mercado Libre, Ripio has real scale and roots in LATAM, hence the B score. Weighing on it are a less defined regulatory frame than rivals — oversight fragmented between Florida's OFR and Argentina's CNV — the ongoing pivot toward B2B that shifts focus away from retail, and a card still in testing limited to Brazil.
Ripio is custodial with full KYC, and issuing stablecoins for Mercado Libre ties it further to the centralized consumer-payments ecosystem. There is no self-custody, no privacy, and the B2B pivot moves the platform even further from the trustless ideal. Through this lens, scale and user numbers count for nothing without real control over funds.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Ripio Exchange, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
No known incidentSearch across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.
verified on
Public reviews
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Google Play ↗
4.7/5
53,058 reviews
Android app (com.ripio.android); ratingValue 4.667 and ratingCount 53,058 from aggregateRating structured data (gl=AR). Recovered by the orchestrator (the subagent could not read the JSON-LD).
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App Store ↗
4.4/5
8,353 reviews
iOS app 'Ripio App | Crypto Wallet' (id 1221006761, publisher BitPagos Inc.), Argentina storefront (main market). Exact average 4.360 and count from itunes lookup, re-verified by the orchestrator.
Weighted average across 2 public review platforms (61,411 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
What are Ripio Exchange's fees?
On Ripio Exchange, spot fees are maker 0.5% / taker 0.5%. They drop with monthly volume and VIP tier.
Is Ripio Exchange regulated in Europe?
Ripio Exchange operates mainly in Latin America, with VASP licences in Argentina and Brazil, but does not disclose a reference regulator in Europe.
Does Ripio Exchange publish Proof of Reserves?
Proof of Reserves publication is not documented for Ripio Exchange. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Ripio Exchange?
No, Ripio Exchange is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Ripio Exchange support derivatives and futures?
Ripio Exchange does not offer derivatives: it focuses on spot trading.
Sources
- Official service page Maker/taker fees · Regulatory framework · Derivatives Data verified on Jun 13, 2026
- bitdegree.org Deposit methods Data verified on Jun 15, 2026
- coinmarketcap.com 24h volume · Volume data Data verified on Jun 15, 2026
- crunchbase.com Legal name · Stock ticker · Stock listing · IPO date Data verified on Jun 15, 2026
Show 4 more sources
- en.wikipedia.org OAM Italy registry · Company type · Corporate site Data verified on Jun 15, 2026
- theblock.co Latest funding round · Investors Data verified on Jun 15, 2026
- tradingfinder.com Founders · Trading pairs · Staking & Earn · Proof-of-Reserves · +3 Data verified on Jun 13, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 13, 2026