Bitso Transfer is a free way to instantly send Pesos and crypto to any email address or cell phone number in Mexico. There are two options to make a Bitso Transfer.
In your Bitso App select “Send”.
Select one of your contacts. You can also send a Bitso Transfer to someone who is not in your contacts by simply entering the person’s email or cell phone number.
Select a currency for the transaction. The default option is MXN, but you can change it to BTC, ETH or the currency you prefer.
Define the amount you wish to send.
You can also add a message stating the reason for the payment. The recipient will be able to see this message. This is useful for remembering later on the reason for the transaction.
Bitso will ask you to confirm the information: cell phone number or email, amount, and currency.
THE EMAIL OR CELL PHONE NUMBER MUST BE THE ONES REGISTERED IN A BITSO ACCOUNT OR THE ONES THAT WILL BE USED TO OPEN A BITSO ACCOUNT
YOU CAN SEND A BITSO TRANSFER TO SOMEONE WHO DOES NOT HAVE A BITSO ACCOUNT. THE RECIPIENT WILL BE NOTIFIED VIA EMAIL OR PHONE AND WILL HAVE 72 HOURS TO CREATE AN ACCOUNT AND COLLECT THE PAYMENT. FAILURE TO DO SO WILL RESULT IN THE FUNDS BEING SENT BACK TO THE SENDER’S ACCOUNT. IF THIS HAPPENS, A PENDING BITSO TRANSFER WILL APPEAR IN YOUR ACCOUNT.
This option is even faster than the previous one. If you are with a friend and she wants to send you a Bitso Transfer, follow these steps:
In your Bitso App select “Fund”.
Select the option “Bitso Transfer” with Bitso’s logo.
Your QR Code will appear.
You can change the amount of the QR Code. This way, when your friend scans the code she will not have to specify the amount.
With her Bitso App, your friend scans your QR code. She will have to add a message and confirm the transaction. The amount of this Bitso Transfer will be the same as the one specified in step 4.
IF YOU SELECT THE OPTION “ACCOUNTS” AND THEN A CRYPTO, YOU WILL BE CARRYING OUT A TRANSACTION OTHER THAN A BITSO TRANSFER. IN THIS CASE, THE CORRESPONDING MINING AND TRANSACTION FEES WILL APPLY.
BITSO TRANSFER DOES NOT GO THROUGH ANY BLOCKCHAIN. IF YOU HAVE QUESTIONS ABOUT BITSO TRANSFER, CREATE A SUPPORT TICKET; LEARN HOW TO DO THIS HERE.