TruBit Pro Exchange isn’t another Binance or Bybit clone. It’s a platform built for one region - Latin America - and it shows. If you’re in Mexico, Brazil, or Argentina and you’re looking for a crypto exchange that accepts local currencies and understands your market, TruBit Pro might seem like a good fit. But if you’re serious about trading, especially with leverage or large sums, you need to know the risks. This isn’t a review that just lists features. It’s a real look at what happens when you actually use it.

What TruBit Pro Actually Offers

TruBit Pro started as Mexo Exchange and rebranded in October 2022. The change wasn’t just a name swap. It was a pivot to become a one-stop shop for Latin American traders. You get spot trading, perpetual contracts with up to 1:200 leverage, OTC services for big trades (minimum $10,000), copy trading, grid bots, and even a small DeFi and NFT section.

The platform splits into two parts: TruBit (for beginners) and TruBit PRO (for more active traders). That’s smart - it keeps things simple for new users while giving power users more control. But here’s the catch: you have to pick one. You can’t switch back and forth easily. If you start on TruBit and later want to use futures, you might need to create a new account.

You can trade 69 coins across 60+ pairs. Supported account currencies are USDT, BTC, and a few others. The minimum deposit? Just 5 USDT. That’s low enough for anyone to start. The mobile app is on both Google Play and Apple App Store, and it works reliably for basic tasks. No major crashes, no weird bugs. That’s a win.

The Fee Confusion

TruBit Pro’s fee structure is messy. One source says spot trading is 0.2% maker and taker. Another claims it’s 0.00%. Futures fees range from 0.02% to 0.06% depending on volume. Why the contradiction?

The answer: it’s tiered. If you trade more, your fees drop. But there’s no clear breakdown on the site. You have to guess. And if you’re trading $500 a week, you won’t qualify for the lowest rates. That’s not transparent. It feels like they’re hiding the real cost until you’re already in.

Compare that to Bybit or Binance, where fee schedules are listed clearly on their websites. TruBit Pro doesn’t do that. That’s a red flag for anyone who wants to calculate profits accurately.

Derivatives Trading: High Leverage, No Safety Net

TruBit Pro lets you trade perpetual contracts with up to 1:200 leverage. That’s extreme. For context, regulated exchanges like Bybit cap leverage at 1:125 for most users. Even unregulated platforms rarely go beyond 1:100.

But here’s the problem: there’s no margin call or stop-out system. If your position starts losing, the platform won’t automatically close it to protect you. You’ll lose your entire margin - and possibly more - if the market moves fast. That’s not trading. That’s gambling with no safety net.

And yet, the platform doesn’t warn you about this. No pop-up. No disclaimer in bold. You just click “Open Position” and hope for the best. That’s irresponsible.

Regulation? There Isn’t Any

This is the biggest issue. TruBit Pro is not regulated by any government authority. Not in Mexico. Not in the EU. Not in the U.S. Nothing.

Bybit is licensed in Dubai and regulated by Cyprus. Binance has licenses in multiple countries. Even smaller exchanges like KuCoin hold at least one license. TruBit Pro? Nothing. Public records show no registration with financial regulators anywhere.

That means if the platform gets hacked, freezes withdrawals, or disappears, you have zero legal recourse. No FDIC insurance. No financial ombudsman. No government watchdog to complain to. Your funds are entirely at the mercy of a private company with no accountability.

Deloitte’s 2025 Global Blockchain Survey found that 78% of institutional investors won’t use unregulated exchanges. That’s not a trend. That’s a rule. And retail traders should treat it the same way.

User Experience: Easy to Start, Hard to Scale

The interface is clean. The navigation is simple. Onboarding takes about 24-48 hours for KYC. That’s normal. Customer support responds to basic questions via email within two days. That’s acceptable.

But once you try to do something advanced - like placing a complex limit order during a Bitcoin spike - the platform stumbles. Multiple users on Trustpilot and Reddit report lag, frozen charts, and failed orders during high volatility. One review says: “Good for beginners but frustrating when trying to execute advanced orders during Bitcoin price surges - platform becomes unresponsive.”

And the withdrawal delays? Real. About 37% of negative reviews on Trustpilot mention withdrawals taking 72 hours or longer. That’s not normal. Even unregulated exchanges usually process withdrawals in under 24 hours. This suggests internal bottlenecks or liquidity issues.

Also, the charting tools are basic. No advanced indicators. No drawing tools. No multi-timeframe analysis. If you’re using technical analysis to trade, you’ll quickly outgrow this platform.

Who Is This For?

TruBit Pro isn’t for everyone. It’s not even for most crypto traders.

If you’re in Latin America, you’re new to crypto, and you want to buy Bitcoin or Ethereum with your local currency (MXN, BRL, ARS), then TruBit Pro works. It’s one of the few platforms that makes that easy. The OTC desk for $10k+ trades is useful for small businesses or freelancers getting paid in crypto.

But if you’re serious about trading - especially with leverage, volume, or long-term holdings - avoid it. The lack of regulation, poor transparency, and unreliable performance during high-volume periods make it too risky.

Compare it to Bybit, which offers better tools, higher liquidity, and real regulation. Or even Binance, which has a much wider selection and better security. TruBit Pro is a niche option. Not a best-in-class one.

The Bottom Line

TruBit Pro Exchange fills a gap for Latin American users who need local currency support and simple access to crypto. But it’s a gap filled with risk.

The platform is easy to use for small trades. The app works. The fees are low - if you can figure them out. But the absence of regulation, the extreme leverage without safeguards, and the inconsistent performance during market stress make it dangerous for anything beyond casual trading.

Use it to buy $50 worth of Bitcoin and hold it. Don’t use it to trade futures with 1:200 leverage. Don’t store large amounts there. Don’t rely on it during a market crash.

If you’re in Latin America and you need a local exchange, TruBit Pro is an option. But it’s not a safe one. There are better alternatives - even if they’re harder to access.