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Swapido: A Fast Alternative to Bitso for Selling Bitcoin in Mexico - Get an account in 5 minutes
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Swapido: A Fast Alternative to Bitso for Selling Bitcoin in Mexico - Get an account in 5 minutes

Gustavo Flores Echaiz

By Gustavo Flores Echaiz • 2025-04-13

Hitting Bitso’s limits and need a better way to sell Bitcoin for pesos in Mexico?

Swapido is the easiest and fastest way to convert Bitcoin for pesos and send pesos to any bank account. It’s non-custodial, uses the Lightning Network, and limits start at 200,000 MXN per month, much higher than Bitso. Many users discovered Swapido after maxing out on Bitso and searching for an alternative.

Here’s why it’s worth a look.

Skip Bitso’s low limits

Bitso’s withdrawal caps—like $36,000 MXN monthly for verified accounts—frustrates active crypto users. Swapido offers a solution: instant peso deposits to your bank account (or someone else’s) with higher limits, all while not having to trust us to custody your bitcoin. It remains in your control until the conversion to pesos.

What Makes Swapido Different?

  • Instant Payouts: Pesos hit your bank account in seconds, not hours.
  • Higher Limits: Sell $200,000 MXN per month with a Level 1 account. Contact us for higher limits.
  • Non-Custodial: You hold your BTC, reducing risks tied to custodial platforms.

How to Use Swapido

  1. Set up a Lightning wallet (e.g., Phoenix, Wallet of Satoshi or Blink).
  2. Create a Swapido account and verify it.
  3. Enter your Mexican bank details or someone else’s bank account.
  4. Convert BTC for MXN instantly by entering the amount in pesos you want to swap.
  5. Pay the lightning invoice and that’s it.

That’s it, you’ve successfully sold Bitcoin in Mexico using Swapido.

If you’re sending your Bitcoin from Bitso directly

  1. Have Bitcoin ready to withdraw on Bitso. Trade another cryptocurrency for it if necessary.
  2. Create a Swapido account and verify it.
  3. Enter your Mexican bank details or someone else’s bank account.
  4. Convert BTC for MXN by entering the amount in pesos in Swapido you want to exchange. Click on “Create Swap”.
  5. Go on Bitso, select “Send”, then “Cryptocurrency”, then “Bitcoin”, then “Lightning”.
  6. Copy the Lightning invoice from Swapido and paste it on Bitso. Click on “Continue” and complete the payment.

That’s it, you’ve successfully sold Bitcoin in Mexico using Swapido.

Swapido vs. Other Options

Swapido delivers speed and simplicity. It’s ideal for Mexicans and foreigners needing a Bitso alternative.

Try Swapido Now here: https://www.app.swapido.com/en

Swapido offers a high-limit, fast way to sell Bitcoin for pesos. Visit Swapido (insert link) and make the switch today.