Best Crypto Exchanges in Cuba (2025)

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The cryptocurrency landscape in Cuba is evolving rapidly, offering unique opportunities for traders despite a complex regulatory environment. While digital assets are not recognized as legal tender, their use for investment and peer-to-peer (P2P) transactions is permitted under specific guidelines set by the Central Bank of Cuba (BCC). As global crypto adoption grows, Cuban residents are increasingly turning to trusted international exchanges that support flexible payment methods and provide secure trading environments.

With limited direct trading pairs for the Cuban Peso (CUP), many local traders rely on USD-pegged stablecoins like Tether (USDT) to enter the market. This makes access to platforms with strong fiat on-ramps, low fees, and no mandatory KYC particularly valuable. Below, we explore the top crypto exchanges serving users in Cuba—based on security, supported assets, trading costs, and ease of access.

Top 5 Crypto Exchanges for Cuban Users

When choosing a crypto exchange in Cuba, key considerations include deposit options (such as credit cards or P2P), KYC requirements, liquidity, and platform reliability. Here are the leading platforms trusted by Cuban traders in 2025:

  1. KuCoin – Extensive crypto selection with optional KYC
  2. BYDFi – Competitive fees and diverse trading options
  3. BingX – User-friendly interface with multiple payment methods
  4. Gemini – Strong security and regulatory compliance
  5. Bitunix – Emerging platform with low fees and high leverage

👉 Discover which exchange offers zero-fee spot trading and 200x leverage

1. KuCoin – Best for Diverse Cryptocurrency Access

Futures Fees: 0.02% (maker) / 0.06% (taker)
Supported Coins: 800+
KYC Required: Optional

KuCoin stands out as one of the most versatile exchanges for Cuban traders seeking access to a broad range of digital assets—from Bitcoin and Ethereum to emerging altcoins and meme tokens. Its optional KYC policy allows users to maintain privacy while still accessing core trading features.

The platform supports multiple deposit methods, including credit cards, SEPA transfers, Google Pay, and Apple Pay, making it easier for Cubans to fund accounts without relying solely on local banking infrastructure. Spot trading fees range between 0.1% and 0.32%, depending on asset liquidity, while futures trading offers competitive rates starting at 0.02% maker and 0.06% taker.

KuCoin also provides automated trading tools like grid bots, enabling users to earn passive income through algorithmic strategies. With 24/7 customer support and an intuitive mobile app, it’s well-suited for both beginners and experienced traders.

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2. BYDFi – Low Fees & High Leverage Trading

Futures Fees: 0.02% / 0.06%
Supported Coins: 600+
KYC Required: No

BYDFi has gained popularity among Cuban traders due to its ultra-low fee structure and beginner-friendly design. The exchange offers zero maker fees on spot trades—a rare advantage in today’s market—making it ideal for active traders looking to minimize costs.

Users can access up to 200x leverage on futures contracts, deep liquidity pools, and a clean trading interface available via web and mobile apps (iOS and Android). BYDFi serves over 160 countries, including Cuba, and supports a wide range of cryptocurrencies across spot, futures, and bot trading markets.

Although it lacks advanced features like hedge mode or copy trading, its simplicity and performance make it a solid choice for those prioritizing speed and cost-efficiency.

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👉 Compare futures fees across top exchanges with real-time data

3. BingX – Multi-Market Platform with Global Reach

Futures Fees: 0.02% / 0.05%
Supported Assets: 800+ (crypto, stocks, forex)
KYC Required: No

Founded in 2018 and headquartered in Singapore, BingX has grown into a globally recognized derivatives exchange with offices across Europe, Canada, and Asia. It serves over 10 million users in more than 100 countries, including Cuba.

One of BingX’s standout features is its support for non-crypto assets like stocks and forex—though these operate under a B-book model. For crypto traders, the platform offers advanced order types, real-time market data, and a daily futures volume exceeding $7 billion.

With no KYC requirement, flexible fiat deposits (via MoonPay, Mercuro), and up to 200x leverage, BingX appeals to privacy-conscious users who want powerful tools without identity verification.

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4. Gemini – Secure & Regulated Option

Futures Fees: 0.02% / 0.07%
Supported Coins: 76+
KYC Required: Yes

Gemini is one of the most reputable U.S.-based exchanges, known for its strict regulatory compliance and robust security protocols. It employs two-factor authentication (2FA), cold storage, hardware security keys, and regular audits to protect user funds.

While Gemini offers fewer cryptocurrencies compared to others on this list (around 76), it excels in safety and ease of use—making it ideal for beginners or conservative investors. It also provides additional services like Gemini Earn (for passive income), Gemini Pay, and institutional custody solutions.

However, spot trading fees are relatively high at 0.25%–0.35%, and maximum leverage is capped at 20x—lower than competitors.

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5. Bitunix – Emerging Platform with Deep Liquidity

Spot & Futures Fees: 0.1% (spot), 0.02%/0.06% (futures)
Supported Coins: 350+
KYC Required: No

Bitunix is a newer but rapidly growing exchange catering to traders who value anonymity and low costs. With over 1 million global users, it supports deposits via credit/debit cards, Apple Pay, bank transfers, and third-party processors like Coinify.

The platform offers up to 100x leverage on USDT-margined perpetual futures and supports advanced order types. Although it doesn’t offer staking or demo accounts yet, its no-KYC policy and competitive fee structure make it attractive for Cuban users navigating financial restrictions.

New users may qualify for welcome bonuses up to $5,500 based on trading volume.

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Is Crypto Legal in Cuba?

Yes—cryptocurrency is legal in Cuba under specific regulations enforced by the Central Bank of Cuba (BCC). Through Resolution 215 (2021) and Resolution 89/2022, the government established a legal framework requiring virtual asset service providers to obtain licenses and comply with anti-money laundering (AML) standards.

While crypto is not considered legal tender, individuals are allowed to own, trade, and invest in digital assets through approved channels.

Is Crypto Taxable in Cuba?

Yes. Cryptocurrency profits are subject to personal income tax ranging from 15% to 50%, based on annual gains. Traders must declare earnings exceeding 2,500 CUP per year. Mining operations are treated as business activities and face additional taxation.

Note: Tax laws may change; always consult a qualified financial advisor before filing.

How to Buy Crypto in Cuba – Step-by-Step Guide

  1. Choose an Exchange: Pick a platform that supports Cuban users (e.g., KuCoin, BYDFi).
  2. Register an Account: Sign up without mandatory ID verification if possible.
  3. Deposit Funds: Use credit cards, P2P trading, or third-party processors.
  4. Buy Stablecoins: Start with USDT or BUSD for easier trading.
  5. Secure Your Assets: Transfer funds to a private wallet like Ledger or Trust Wallet.

👉 Learn how to start trading with zero maker fees today

Frequently Asked Questions (FAQ)

Q: Can I buy crypto directly with Cuban Pesos (CUP)?
A: Direct CUP-to-crypto pairs are rare. Most users convert via P2P platforms or use USD stablecoins like USDT.

Q: Do I need to verify my identity to trade crypto in Cuba?
A: Not always. Exchanges like BYDFi, BingX, and Bitunix allow trading without KYC.

Q: Which payment methods work best for Cubans?
A: Credit/debit cards, P2P trading (e.g., via Binance P2P), Apple Pay, Google Pay, and third-party gateways like MoonPay.

Q: Are hardware wallets necessary?
A: Highly recommended for long-term storage. Ledger and Trezor offer top-tier security.

Q: Can I trade futures without KYC?
A: Yes—platforms like BYDFi and BingX offer leveraged futures without identity verification.

Q: What’s the safest way to store crypto in Cuba?
A: Use a combination of cold storage (hardware wallets) for large holdings and mobile wallets (like Trust Wallet) for daily use.

Final Thoughts

For Cuban traders navigating a restrictive financial landscape, selecting the right crypto exchange is crucial. Platforms like KuCoin, BYDFi, and BingX offer flexibility through no-KYC access, diverse payment methods, and strong liquidity—key advantages in a market where traditional banking options are limited.

By focusing on security, cost-efficiency, and ease of access, these exchanges empower Cuban users to participate in the global digital economy safely and effectively.

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