[Exchanges](https://revain.org/exchanges/) › Ripio

# Ripio: licences, security, fees and reviews

Centralized exchange

## In short

- **Legal entity**: Moonbird S.R.L. and OTC Investment Solutions SA (Argentina); Ripio Brasil (CNPJ 23.351.302/0001-00); Ripiotech SL (Spain); OTCIS LLC (US)
- **Fees**: Spot maker / taker: Ripio Trade: 0.25% maker / 0.50% taker up to USD 1,000 30-day volume, down to 0.00% / 0.10% above USD 5 million (page captured 10 April 2026)
- **Risks and caveats**: Argentina's CNV registration is an AML registration and, per Ripio, does not imply CNV licensing or supervision.
- **Checked**: 31 October 2026

## Key facts

- **Type**: Centralized exchange
- **Exchange launched**: 2013
- **Operator**: Ripio group: Moonbird S.R.L. and OTC Investment Solutions SA (Argentina), Ripio Brasil (Brazil), Ripiotech SL (Spain), OTCIS LLC (US) and other country entities
- **Official site**: [ripio.com](https://www.ripio.com/)

Key facts checked on 31 October 2026 against official sources.

## What is Ripio

Ripio is a Latin American crypto company founded in Argentina in 2013. It runs the Ripio app (buy, sell, custody, card, yields), the Ripio Trade exchange, an OTC desk and, more recently, local-currency stablecoins (wFIAT), on/off ramps and crypto-as-a-service for businesses. It acquired the Brazilian exchange BitcoinTrade in January 2021; BitcoinTrade later became Ripio Trade.

## Good to know

- Ripio announced the acquisition of Bitcoin Trade, then the second-largest Brazilian exchange by volume, on 5 January 2021; from that day it became part of the Ripio family. [↗](https://web.archive.org/web/20260712142232/https://launchpad.ripio.com/novedades/ripio-adquiere-el-exchange-brasileno-bitcoin-trade-para-continuar-su-expansion-por-america-latina)
- Ripio's BitcoinTrade page said BitcoinTrade is now Ripio Trade (capture of 5 August 2024). [↗](https://web.archive.org/web/20240805061057/https://www.ripio.com/br/bitcointrade/)
- Argentina's CNV PSAV registration is for anti-money-laundering control and, per Ripio's own notice, does not mean CNV licensing or supervision of the activity. [↗](https://web.archive.org/web/20261030201333/https://www.ripio.com/es)
- In Brazil, Ripio Brasil's application for authorisation as a virtual asset broker is under review by the Central Bank of Brazil (footer, October 2026). [↗](https://web.archive.org/web/20261030201333/https://www.ripio.com/es)
- Peso balances in Argentina are payment accounts held by Digipayments SAU, which is not a bank; they are not bank deposits and lack deposit guarantees. [↗](https://web.archive.org/web/20261030201333/https://www.ripio.com/es)
- Ripio's 2026 home page focuses on business services: local-currency stablecoins (wARS, wBRL, wCOP, wMXN, wCLP, wPEN), instant ramps and crypto-as-a-service. [↗](https://web.archive.org/web/20261030201333/https://www.ripio.com/es)

## Services

| Parameter | Details |
|---|---|
| Spot trading | Ripio Trade order-book exchange with maker/taker fees; buy/sell in the Ripio app. |
| Custody / wallet | Custody with multi-signature keys and cold storage under SOC 2 Type 2 and CCSS Level 3 controls. |
| Card | Visa crypto card. |
| OTC | OTC desk for high-volume trading. |
| Own token | Local-currency stablecoins (wFIAT) with 1:1 parity and third-party attestations, per Ripio. |

## Licences and registrations

| Jurisdiction | Entity | Licence / registration | Regulator |
|---|---|---|---|
| Argentina | Moonbird S.R.L. | Virtual asset service provider (PSAV) registration No. 36 of 5 June 2024 (company statement); AML registration, not a licence | [Comisión Nacional de Valores (CNV)](https://web.archive.org/web/20261030201333/https://www.ripio.com/es) |
| Argentina | OTC Investment Solutions SA | PSAV registration No. 37 of 5 June 2024 (company statement) | [Comisión Nacional de Valores (CNV)](https://web.archive.org/web/20261030201333/https://www.ripio.com/es) |
| Spain | Ripiotech SL | Registered with Banco de España, No. D845, as virtual currency exchange and custody provider (company statement; not in the ESMA MiCA register) | [Banco de España](https://web.archive.org/web/20261030201333/https://www.ripio.com/es) |
| United States (Florida) | OTCIS LLC (Ripio US / Ripio Select) | Money Transmitter Part II License FT230000427 (company statement) | [Florida Office of Financial Regulation](https://web.archive.org/web/20261030201333/https://www.ripio.com/es) |
| Brazil | Ripio Brasil Sociedade Prestadora de Serviços de Ativos Virtuais Ltda (CNPJ 23.351.302/0001-00) | Application for authorisation as a virtual asset broker under review (company statement) | [Banco Central do Brasil](https://web.archive.org/web/20261030201333/https://www.ripio.com/es) |

## Security and audits

- Ripio says keys are protected with multi-signature and cold storage, under SOC 2 Type 2 and CCSS Level 3 controls.
- Its security page cites a SOC 2 Type 2 certification for 2022, 2023 and 2024 and a bug bounty on HackerOne.

## Security incidents

No security incident is recorded in the sources checked on 31 October 2026 (the company’s own channels and incident databases): [defillama.com/hacks](https://defillama.com/hacks), [hacked.slowmist.io](https://hacked.slowmist.io/), [rekt.news/leaderboard](https://rekt.news/leaderboard/), [status.ripio.com/history.rss](https://status.ripio.com/history.rss), [ripio.com/es/seguridad](https://web.archive.org/web/20260113100102/https://www.ripio.com/es/seguridad)

## Fees

| Parameter | Details |
|---|---|
| Spot maker / taker | Ripio Trade: 0.25% maker / 0.50% taker up to USD 1,000 30-day volume, down to 0.00% / 0.10% above USD 5 million (page captured 10 April 2026) |

## Who can use it

- Some Ripio Group products are not available in the United States, per its US notice.

## History

| Date | Event |
|---|---|
| 2013 | Ripio is founded in Argentina. |
| 5 January 2021 | Ripio announces the acquisition of the Brazilian exchange Bitcoin Trade. |
| 5 June 2024 | Moonbird S.R.L. and OTC Investment Solutions SA are entered in the CNV register of virtual asset service providers (Nos. 36 and 37). |
| August 2024 | By August 2024 Ripio's BitcoinTrade page says BitcoinTrade is now Ripio Trade. |

## Risks and caveats

- Argentina's CNV registration is an AML registration and, per Ripio, does not imply CNV licensing or supervision.
- Brazil authorisation is still pending at the central bank (October 2026).
- Peso payment-account balances in Argentina are not bank deposits and lack deposit guarantees.

## About the company

- **Founded**: 2013, Argentina
- **CEO**: Sebastián Serrano (co-founder)
- **Legal entity**: Moonbird S.R.L. and OTC Investment Solutions SA (Argentina); Ripio Brasil (CNPJ 23.351.302/0001-00); Ripiotech SL (Spain); OTCIS LLC (US)
- **Formerly**: Acquired BitcoinTrade (Brazil) in 2021; it became Ripio Trade

## Official links

- Website: [www.ripio.com](https://www.ripio.com/)
- Fees: [www.ripio.com/es/productos/ripio-trade/tarifas](https://www.ripio.com/es/productos/ripio-trade/tarifas)
- Security: [www.ripio.com/es/seguridad](https://www.ripio.com/es/seguridad)
- Status: [status.ripio.com](https://status.ripio.com/)

## Questions and answers

**Is Ripio regulated?**

Ripio entities are registered as virtual asset service providers with Argentina's CNV (Nos. 36 and 37, 5 June 2024; an AML registration, not a licence), registered with Banco de España (Ripiotech SL, D845) and hold a Florida money transmitter licence (OTCIS LLC); Brazil authorisation is pending at the central bank.

**What happened to BitcoinTrade?**

Ripio announced its acquisition of the Brazilian exchange Bitcoin Trade on 5 January 2021, and by August 2024 Ripio's BitcoinTrade page said BitcoinTrade is now Ripio Trade.

**What are Ripio Trade's fees?**

Ripio Trade's fee page (captured 10 April 2026) lists 0.25% maker and 0.50% taker for up to USD 1,000 monthly volume, falling to 0.00% maker and 0.10% taker above USD 5 million.

## Sources

- [Ripio - Home (es, Wayback 30 October 2026)](https://web.archive.org/web/20261030201333/https://www.ripio.com/es)
- [Ripio - Home (en, Wayback 13 January 2026)](https://web.archive.org/web/20260113101018/https://www.ripio.com/en)
- [Ripio - Security (Wayback 13 January 2026)](https://web.archive.org/web/20260113100102/https://www.ripio.com/es/seguridad)
- [Ripio - Institutional (Wayback 5 March 2026)](https://web.archive.org/web/20260305010754/https://www.ripio.com/es/institucional)
- [Ripio Trade - Fees (Wayback 10 April 2026)](https://web.archive.org/web/20260410161202/https://www.ripio.com/es/productos/ripio-trade/tarifas)
- [Ripio Launchpad - Ripio acquires Bitcoin Trade (Wayback 12 July 2026)](https://web.archive.org/web/20260712142232/https://launchpad.ripio.com/novedades/ripio-adquiere-el-exchange-brasileno-bitcoin-trade-para-continuar-su-expansion-por-america-latina)
- [Ripio - BitcoinTrade is now Ripio Trade (Wayback 5 August 2024)](https://web.archive.org/web/20240805061057/https://www.ripio.com/br/bitcointrade/)

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Page updated: 2026-11-01

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Source: https://revain.org/exchanges/ripio/