Can I Buy Bitcoin with Banamex?

Banamex does not currently support direct in-bank cryptocurrency trading through its online or mobile platforms. However, Banamex customers can still acquire Bitcoin, Ethereum, or other digital assets by sending MXN from their Banamex account to a regulated crypto exchange in Mexico.

Banamex permits transfers to exchanges that are registered and regulated by Mexico’s National Banking and Securities Commission (CNBV). These platforms follow strict Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.

How to Buy Crypto with Banamex

Banamex users can buy cryptocurrencies by transferring Mexican pesos (MXN) to a regulated exchange such as Bybit. This platform supports fast MXN deposits through SPEI bank transfers or debit card payments.

Bybit is trusted for its robust security, transparent fees, and wide selection of assets, offering over 2,200 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins like USDT.

1. Create a Bybit Account: Visit Bybit’s official website and sign up using your email or mobile number. Complete the identity verification (KYC) process to activate your account and enable MXN deposits.
2. Select Deposit Method: From the dashboard, click on “Buy Crypto” or “Deposit MXN.” Choose between a SPEI bank transfer or a Banamex debit card. SPEI transfers are typically processed within minutes and have lower fees.
3. Transfer Funds: Log into your Banamex online or mobile banking app and send your chosen MXN amount to the deposit details provided by Bybit. Always confirm that the recipient information matches Bybit’s verified account.
4. Purchase Asset: Once your funds arrive, go to the trading section and select the cryptocurrency you want to buy. You can place a market order for instant execution or a limit order if you prefer to set your own price.

Fees and Deposit Limits for Banamex Customers

Before funding your exchange account, Banamex users should check the applicable fees, deposit methods, and limits on regulated platforms such as Bybit, which support direct MXN transactions.

• Deposits: When transferring pesos from Banamex, deposits made through SPEI bank transfers or Banamex debit cards are typically processed without added fees.
• Withdrawals: Crypto exchanges generally do not charge withdrawal fees beyond the blockchain network cost, which varies depending on congestion.
• Limits: For verified accounts, deposit and withdrawal limits usually extend to $100,000 MXN per day. Exchanges like Bybit allow users with advanced KYC verification to access higher daily and monthly limits, depending on their compliance level.
• Trading Fees: Bybit offers one of the most competitive pricing models in the global market, with maker and taker fees set at 0.1%. This is considerably lower than many international exchanges, where transaction costs can exceed 1%.

Bybit’s clear fee structure and CNBV-aligned compliance standards make it a reliable choice for Banamex customers who want to invest in cryptocurrencies securely and cost-effectively.

Banamex Cryptocurrency Policy

Banamex has not issued an official statement specifically dedicated to crypto transactions. However, the bank operates in full alignment with Mexico’s financial regulations set by the National Banking and Securities Commission (CNBV), which oversees anti-money laundering and financial transparency measures across the banking sector.

Although cryptocurrencies are not considered legal tender in Mexico, Banamex customers can still engage in crypto trading by using licensed exchanges that comply with CNBV guidelines. These regulated platforms enforce strict Know Your Customer (KYC) and Anti-Money Laundering (AML) standards.

Best Alternative Exchanges for Banamex Customers

Banamex customers seeking alternatives to Bybit can choose from several trusted and regulated exchanges that support Mexican peso (MXN) deposits and comply with both CNBV and international financial standards.

• Bitso – As Mexico’s leading exchange, Bitso supports over 70 cryptocurrencies, including Bitcoin, Ethereum, and popular stablecoins. It offers free SPEI deposits for Banamex users, competitive spreads, and trading fees beginning at 0.1%.
• KuCoin – Known for its global reach and extensive range of 900+ cryptocurrencies, KuCoin supports MXN deposits through bank transfers, debit cards, and third-party payment providers. It offers access to spot, futures, and staking markets with low fees. 
• Binance – The world’s largest exchange by trading volume, Binance lists over 500 assets and accepts MXN transfers through authorized partners. It also features zero-fee P2P trading, advanced charting tools, and one of the most liquid markets globally.

Before funding an account, Banamex users should review each exchange’s fees, verification process, and supported assets to find the best match for their trading objectives and compliance requirements.

About Banamex

Banamex, officially known as Banco Nacional de México, stands as one of the most established banks in Mexico, with roots dating back to 1884. It operates under Grupo Financiero Banamex, offering a full suite of retail and corporate financial services, including checking and savings accounts, loans, credit cards, insurance, investments, and online banking.

After its acquisition by Citigroup in 2001, Banamex became part of a global banking network while retaining its strong domestic brand. Today, Banamex is recognized for its widespread branch and ATM presence across Mexico, deep market penetration, and reputation as a trusted provider of financial services.

Final Thoughts

Banamex customers can confidently access the cryptocurrency market by transferring pesos to trusted exchanges like Bybit, Bitso, or KuCoin that meet CNBV compliance standards. 

For investors, the key takeaway is to prioritize exchanges with transparent fees, verified licensing, and strong AML and KYC safeguards, ensuring every trade aligns with Mexico’s financial laws and long-term security best practices.