TruBit Pro Exchange Crypto Exchange Review: Pros, Cons, and Real User Experience
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.
Is TruBit Pro Exchange regulated?
No, TruBit Pro is not regulated by any government financial authority as of 2025. It has no licenses from regulators in the U.S., EU, Dubai, or Latin America. This means users have no legal protection if the platform fails, gets hacked, or freezes withdrawals.
Can I trade with USD or local currencies like MXN on TruBit Pro?
You can’t deposit USD directly, but you can deposit USDT, BTC, or other crypto and trade against pairs like BTC/USDT. For Latin American users, TruBit Pro supports OTC trades using local currencies like Mexican Peso (MXN), Brazilian Real (BRL), and Argentine Peso (ARS) - but only for trades over $10,000. You can’t buy crypto directly with your bank account like on Binance or Kraken.
What’s the minimum deposit on TruBit Pro?
The minimum deposit is 5 USDT. That makes it accessible for beginners or people testing the platform. But remember: low entry doesn’t mean low risk. Leverage up to 1:200 can wipe out your deposit quickly.
Are withdrawals reliable on TruBit Pro?
No. Around 37% of Trustpilot reviews mention withdrawal delays of 72 hours or more. While some users get processed quickly, others wait days. This inconsistency suggests liquidity issues or manual review bottlenecks. Don’t rely on TruBit Pro for urgent withdrawals.
Is TruBit Pro better than Bybit or Binance?
No, not for most users. Bybit and Binance offer better security, regulation, liquidity, charting tools, and customer support. TruBit Pro only wins in one area: accessibility for Latin American users who need OTC services in local currencies. For everything else - trading, safety, features - it’s behind.
Should I use TruBit Pro for copy trading or grid bots?
You can use them, but with caution. Copy trading and grid bots are automated tools that work best on stable, high-liquidity platforms. TruBit Pro’s lower liquidity and occasional lag during volatility mean your bots might execute poorly or get stuck. If you’re new to automation, start with a small amount and monitor closely.
I've been using TruBit Pro for a few months now just to buy BTC with my BRL. It's not perfect, but it's the only one that lets me deposit directly from my Brazilian bank. I don't trade futures or anything fancy. Just hold. Simple.
1:200 leverage with no margin call? That's not a platform. That's a casino run by amateurs. If you're dumb enough to use this, don't cry when you lose everything.
The fee opacity is a classic red flag. Tiered structures without transparent thresholds? That's not a business model. That's a trap.
I just want to buy crypto and chill but this feels like dating someone who says they love you but never texts back. I'm out.
If you're new and in Latin America, start small. Use it to buy a little BTC. Don't try to day trade. Don't use leverage. Just learn. It's okay to start simple.
Why do people keep giving this place a chance? The US has better options. If you're in Mexico, go use a proper exchange. This is just lazy.
As an Indian trader who's used this for OTC with friends in Brazil - I get it. It's not about being the best. It's about being the only one who lets you pay in pesos. It's not safe. But sometimes safety isn't the priority when you're trying to survive.
The absence of regulatory oversight fundamentally undermines the integrity of the platform. One must consider the fiduciary implications of entrusting capital to an unlicensed entity.
You think Binance is safe? They got banned in 10 countries. This platform is just honest about being wild. At least they don't pretend to be regulated.
I used to think this was trash until I saw a friend in Colombia get paid in crypto from a US client and convert it to pesos without a single fee. That OTC desk saved his month. It's not perfect. But sometimes, the imperfect solution is the only one that works when the system's broken.
I tried this for a week. App crashed twice during a Bitcoin spike. Withdrawal took 5 days. But hey, I got my BTC. And the interface? Clean. Maybe it's not for pros... but for chill folks? It's kinda okay.
If you're using this you deserve to lose your money. No regulation? No warning? You're not a trader. You're a gambler with a phone
I get why people hate this place. But I also know people in Argentina who can't use anything else. It's not ideal. But it's real. And sometimes real is better than perfect if perfect doesn't exist for you.
There's something beautiful about platforms that serve the overlooked. This isn't Wall Street. It's a small shop in Mexico City that lets you pay in cash. It's messy. It's risky. But it's there when no one else is.
I don't use it for trading. I use it to buy small amounts of ETH for my niece in Peru. She's 16. She can't use Binance. This is her first step. I don't care if it's regulated. I care that she can learn without being blocked by bureaucracy.
so like... trubit pro? i mean... its kinda sus but also kinda the only thing that works for my cousin in argentina? like i get it's not safe but what else you gonna do? the bank wont let her send money out and she needs to pay her crypto tutor
You're all missing the point! The lack of regulation is a FEATURE! It means freedom! No government interference! No KYC overreach! No central bank control! This is true decentralization! Why are you so scared of risk?!
i tried it. app was fine. bought 10 bucks of btc. took 3 days to withdraw. i just gave up. not worth the stress. i use binance now. way easier.
You people are pathetic. You're defending a platform that could vanish tomorrow with your life savings. You're not crypto believers. You're just desperate.
The operational inconsistencies in withdrawal processing suggest systemic liquidity constraints. Institutional-grade platforms maintain reserve ratios and audit trails. This platform does neither.
1:200 leverage? lol. if you think that's smart you're not ready for crypto. go play roulette instead.
I told my friend not to use it. She didn't listen. Lost $8k in a week. Now she's crying on Reddit. I told you so.
I used this to send crypto to my mom in Honduras. She doesn't have a bank account. She doesn't trust big apps. This worked. The app is slow. The support is slow. But she got her money. And that's what matters.