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Walk-in desk on Calle 50, since 2021

Buy & sell cryptowithcash.

Fast, discreet and in person. Bring crypto, walk out with cash or a wire. Better rates the more you move, and no hidden fees.

Crypto purchases

Turn crypto into a life in Panama.

Settle big-ticket purchases directly in crypto. We handle the conversion and the paperwork.

Networks

Connected to every major network.

Torero, best rate
  • Bitcoin
  • Ethereum
  • Tether
  • USD Coin
  • Solana
  • BNB Chain

Every major coin · Deep liquidity · Settled in person

We handle Bitcoin, stablecoins and every major coin with deep liquidity, the same names you already trade.

Location and contact

Panama City.

Address

PH El Embajador, Calle 50, Obarrio
Panama City, Republic of Panama

Ground-floor entrance. Paid parking directly in front.

Open in Google Maps
Hours
  • Mon to Fri, 10:00 to 18:00 (walk in)
  • Weekends, holidays and off-hours by appointment
Call or write
+50763231992exchange@torerocoin.com

Same number on WhatsApp and Signal. We usually reply within minutes during desk hours.

Journal

Notes from Panama.

Guides, market notes and stories from the desk.

GuideOct 2026

How to Change USDT into US Dollar Cash in Panama, and the Other Way Around

How to sell USDT (Tether) for US dollar cash in Panama, or buy USDT with cash: the steps at the desk, networks, fees and how to stay safe.

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GuideJul 2026

Buy or sell crypto for cash in Panama City

Bitcoin, USDT, USDC and other major coins, in person at our walk-in desk on Calle 50. A firm quote from a person, cash counted in front of you, settled the same visit.

Read
GuideJul 2026

How to Move Crypto Into a Panamanian Bank Account

Two reliable ways to turn Bitcoin or stablecoins into money in a bank account: cash at the desk, or a wire in USD or EUR arranged with the desk.

Read
GuideJul 2026

How to Buy Real Estate in Panama with Bitcoin

A practical, step by step guide to purchasing property in Panama using Bitcoin or stablecoins, from settling the crypto to signing at the public registry.

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GuideOct 2026

Bitcoin ATMs in Panama: How They Work and When a Desk Makes More Sense

What a bitcoin ATM is, how it differs from a staffed desk, and what to check before you use either one in Panama.

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GuideJul 2026

OTC Crypto Desk in Panama: Large Trades Without the ATM Spread

For large Bitcoin, USDT or USDC trades in Panama, an OTC desk gives you a firm negotiated rate in private, not a Bitcoin ATM spread.

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GuideJul 2026

Where to Sell USDT or Bitcoin for Cash in Panama City

Sell USDT, USDC or Bitcoin and collect US dollars in cash, counted in front of you, at the walk-in desk on Calle 50, Panama City.

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GuideJul 2026

Cash to Crypto in Panama City: How the Torero Desk Works

What to expect at a walk-in crypto desk in Panama: what you can exchange, how a visit works, fees, limits, and how to stay safe.

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About Torero Coin

What is Torero Coin?

Torero Coin is a walk-in crypto exchange desk on Calle 50, Obarrio, in Panama City, Panama. You come in during opening hours and buy or sell Bitcoin, USDT or USDC for cash, in person, from our own liquidity. It is a staffed desk, not a Bitcoin ATM and not a broker. We also run automated EUR and USD bank wires and a crypto card waitlist.

Is Torero Coin in Panama City, Panama, or Panama City, Florida?

Panama City, Panama, in the Republic of Panama, Central America. The desk is on Calle 50 in the Obarrio banking district, at PH El Embajador, ground floor.

Is Torero Coin a bank?

No. Torero Coin is a physical crypto exchange desk, not a bank. We exchange cash for crypto and back, and route automated bank wires; we do not hold deposits or offer bank accounts.

Is this a walk-in exchange or a Bitcoin ATM?

A walk-in, staffed exchange desk. You deal with a person, the cash is counted in front of you, and you get a firm quote before anything moves, unlike a Bitcoin ATM which charges high spreads with no one to talk to.

How much does the exchange cost?

It depends on the amount and the direction. Bringing cash for crypto is 0% plus a $10 operational fee under $20,000 and a small percentage above that; bringing crypto for cash starts at 5% for small amounts and drops to 3% from $8,000, with the same $10 operational fee under $200. Every rung of the ladder is on the Cash Exchange page with a calculator, and the desk confirms your exact number in person before anything changes hands.

Where exactly is Torero Coin and what are the hours?

PH El Embajador, Calle 50, Obarrio, Panama City, ground-floor entrance with paid parking in front. Walk in Monday to Friday, 10:00 to 18:00; weekends, holidays and off-hours are by appointment.

Do I need an appointment to buy or sell crypto?

Not on weekdays, just walk in during opening hours. For weekends, holidays, off-hours, or a large amount you want us to have ready, message us ahead to book a time.

Do you serve US residents?

No. Torero Coin does not serve residents of the United States, and nothing on this site is an offer to them. Visitors from other countries, including travellers passing through Panama, are welcome at the desk as non-residents.

Who handles the taxes on an exchange?

You do. Torero Coin does not give tax advice and does not withhold or report tax on your behalf. You are responsible for your own tax obligations wherever you are liable; we keep transaction records for the periods Panamanian law requires.