What CryptoMKT does

CryptoMKT (legal name CryptoMarket, DBA also Notbank) is a privately held cryptocurrency exchange founded in 2016 and headquartered in Santiago, Chile. The platform lets retail users buy, sell, and trade more than 50 digital assets — including BTC, ETH, USDT, USDC, BNB, XRP, ADA, SOL, DOT, AVAX, LINK, MATIC/POL, and others — priced against seven local fiat currencies (CLP, ARS, BRL, COP, PEN, BOB, USD) and funded through country-specific payment rails such as PIX, Mercado Pago, PSE, Cuenta RUT, SafetyPay, Khipu, and Kushki.

The product stack is built around three layers: a self-serve consumer exchange at cryptomkt.com; CryptoMarket Pro, an advanced interface with TradingView charting, technical indicators (RSI, MACD, Stochastic), and limit, stop-loss, and margin orders; and the Notbank-branded API and SDK ecosystem (Python, Node.js, Java) hosted at api.exchange.cryptomkt.com. Custody is positioned around multi-signature physical vaults and a "latest generation" anti-hacker system, and the platform advertises an A+ security rating.

Monetization is entirely transactional. Crypto-crypto trades carry a flat 1.5% commission; crypto-fiat spot trades follow a volume-tiered market-maker/taker schedule; margin positions are charged a 0.5% closing commission plus interest; and fiat deposit/withdrawal fees vary by payment rail. A 30% lifetime commission-share referral program drives word-of-mouth acquisition. Geo coverage spans six localized LATAM markets (Chile, Argentina, Brazil, Colombia, Peru, Bolivia) with headquarters in Las Condes, Santiago, and a 51–100 employee base. Funding history is thin — a single disclosed $600,000 seed round in May 2018 co-led by ConsenSys Ventures and Magma Partners — and institutional affiliations include the Enterprise Ethereum Alliance, Consensys Ventures, and CORFO.

Name

CryptoMKT

Legal name

CryptoMarket

Website

https://cryptomkt.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

CryptoMKT is a Santiago-headquartered cryptocurrency exchange founded in 2016 that lets retail users across Chile, Argentina, Brazil, Colombia, Peru, and Bolivia buy, sell, and trade 50+ digital assets against seven local fiat currencies via country-specific payment rails, monetizing through trading commissions, margin fees, and referral revenue sharing.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (523210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Retail Crypto Brokerages (Simple Buy/Sell) (FSADAAAB)

akta.pro secondary industry

Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)

Keywords

• Cryptocurrency exchange
• Spot trading platform
• Margin trading
• Fiat on-ramp
• Crypto wallet services

Headquarters

HQ city

Las Condes

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Trading Commissions: CryptoMarket charges trading commissions on cryptocurrency transactions. The platform advertises having the lowest commissions worldwide, with crypto-to-crypto transactions at 1.5% for simple trades.
2. Margin Trading Interest: Interest fees charged on margin trading positions to maintain leveraged positions open. A 0.5% commission is applied on position closure value.
3. Fiat Deposits and Withdrawals: Fees for bank transfers, PSE, CVU, PIX, Mercado Pago, SafetyPay, Khipu, Kushki, and QR deposits/withdrawals in local currencies.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

CryptoMarket (CryptoMKT) operates a retail-facing cryptocurrency exchange platform serving Latin America. It enables individuals to buy, sell, and trade more than 50 cryptocurrencies using seven local fiat currencies (ARS, BRL, CLP, COP, PEN, BOB, USD) via country-specific payment rails such as PSE, PIX, Mercado Pago, and Cuenta RUT. The platform also offers spot, margin, and advanced order types through a professional trading interface (CryptoMarket PRO), a hosted multi-signature wallet, and a public API with Python, Node.js, and Java SDKs.

Product overview

CryptoMKT operates as a cryptocurrency exchange platform with a modular product architecture. The core offering is the CryptoMarket exchange platform, which enables users to buy, sell, and trade over 50 cryptocurrencies using local fiat currencies across Latin America. This is complemented by CryptoMarket Pro, a professional trading interface with advanced charting and order types. The platform also includes a Wallet service for storing digital assets, and a Referral Program for user acquisition. The platform supports local payment methods across Argentina, Brazil, Chile, Colombia, Peru, and Bolivia, integrating with regional banking systems including PSE (Colombia), Cuenta RUT (Chile), and Mercado Pago (Brazil).

Differentiator

Problem solved

Functional benefit

Products and services

• CryptoMarket Exchange Core retail cryptocurrency exchange platform enabling users in Latin America to buy, sell, and trade more than 50 cryptocurrencies using seven local fiat currencies (USD, CLP, COP, PEN, BOB, ARS, BRL) and country-specific payment methods.
• CryptoMarket PRO Professional trading interface offering TradingView-powered charts, technical indicators (RSI, MACD, Stochastic), and advanced order types including limit, stop-loss, and margin orders, targeted at more experienced retail and active traders.
• CryptoMarket Wallet Hosted cryptocurrency wallet for storing, sending, and receiving supported digital assets, secured with multi-signature physical vault custody and offering instant crypto deposits.
• CryptoMarket Referral Program User referral program that pays participants 30% of the trading commissions generated by referred customers on a permanent basis, designed to drive word-of-mouth user acquisition.
• CryptoMarket Exchange API and SDKs Public REST exchange API and language SDKs (Python, Node.js, Java) that allow developers and trading firms to build automated trading bots, integrate exchange functionality into third-party applications, and route orders programmatically against the CryptoMarket exchange.

Quantifiable outcome

• Over 50 cryptocurrencies supported on the platform
• +3 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Corporación de Fomento de la Producción (CORFO)coreStrategic or Co-development PartnerCORFO, Chile's economic development agency, is listed as a partner/supporter, indicating government backing for CryptoMarket's operations in Chile.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Coinbase: U.S.-headquartered publicly listed exchange expanding into Brazil and other LATAM markets. Overlaps CryptoMKT's retail and PRO trading products with stronger compliance posture and capital base.
• Kraken: Established global exchange with a professional trading platform and growing LATAM footprint. Comparable to CryptoMKT's PRO offering and advanced order types.
• Binance: Global crypto exchange aggressively expanding across LATAM with localized payment rails and zero-fee promotions. Competes with CryptoMKT across all supported countries on liquidity, fees, and token breadth.

Direct peers

• Lemon Cash: Argentine crypto neobank and exchange app focused on retail users and inflation-hedging flows. Directly overlaps CryptoMKT's inflation-hedge customer segment and ARS trading pairs.
• Ripio: Argentina-based crypto exchange and fintech platform with local payment rails and OTC services. Competes with CryptoMKT in Argentina and broader Spanish-speaking LATAM on retail crypto trading and ARS fiat pairs.
• Mercado Bitcoin: Brazil's largest retail crypto exchange, supporting BRL deposits/withdrawals and a broad token catalog. Comparable to CryptoMKT as a regional retail-focused CEX serving local-fiat pairs and Latin American consumers.
• Bitso: Mexico-headquartered crypto exchange and the largest in Latin America, offering local fiat on-ramps across Argentina, Brazil, and Mexico. Closest direct competitor to CryptoMKT given overlapping LATAM retail focus, local payment integrations, and stablecoin-heavy product mix.
• NovaDAX: Brazilian crypto exchange with BRL pairs and a professional trading interface. Overlaps CryptoMKT in the Brazilian retail and PRO trader segments with similar fiat-on-ramp approach.
• Foxbit: Brazilian retail crypto exchange offering BRL trading pairs and local payment methods. Comparable to CryptoMKT's Brazil operations (PIX, Mercado Pago integrations) and overall LATAM retail positioning.

Emerging players

• Belo: Argentina-based crypto on-ramp and savings app targeting ARS users as an inflation hedge. Emerging player with overlapping LATAM retail and stablecoin-savings use cases vs CryptoMKT.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• GitHubgithub.com/notbank-com
• Xx.com/cryptomkt

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CryptoMKT