Guide3 min read
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.
- Cash to crypto
from0%
+ $10 operational fee under $20,000
- Crypto to cash
from3%
5% on small amounts, 3% from $8,000
Mon to Fri, 10:00 to 18:00 (walk in) · Weekends, holidays and off-hours by appointment
You can buy or sell crypto for cash in person in Panama City at Torero Coin, a walk-in exchange desk on Calle 50 in the Obarrio banking district. Bring US dollars and leave with Bitcoin, USDT or USDC in your wallet, or bring crypto and leave with cash, the same visit. This is Panama City, Panama, in Central America, not Panama City, Florida.
How it works
- Message us with your amount (optional). We have the cash or the crypto ready, which matters for larger sums. On weekdays you can also just walk in.
- Get a firm quote from a person. You see the fee for your amount on the calculator before you come; at the desk we confirm the rate before anything moves.
- Settle in the same visit. Buying: you hand over cash, we send the crypto to your wallet and you see it confirmed on chain before you leave. Selling: you send the crypto and we count the cash in front of you.
Cheaper than a Bitcoin ATM
Panama has Bitcoin ATMs, but they typically take 7 to 15 percent in spread and there is nobody to ask. At the desk you see the fee for your amount before you come, the quote is firm, and a person handles it with you. Larger amounts come from our own liquidity, which no machine can do.
What to bring
To buy: US dollars in cash and a wallet (an app on your phone is enough). To sell: the wallet that holds your coins. Everyday amounts need no verification. Larger amounts need a one-time ID check; ask us and we will tell you before you come.
Discreet, face to face
You deal with one person at a private desk, not a queue or a machine. Cash is counted in front of you and nothing leaves until both sides are settled.
Larger amounts and bank transfers
For bigger trades, message first: we run a private OTC desk. If you need the money in a bank account instead of cash, the desk also arranges wires in USD and EUR.
Where to find us
PH El Embajador, Calle 50, Obarrio, Panama City: ground-floor entrance, paid parking directly in front. Walk in Monday to Friday, 10:00 to 18:00. Weekends, holidays and off-hours are by appointment.
Common questions
Where can I buy or sell Bitcoin for cash in Panama City?+
At the Torero Coin walk-in desk, PH El Embajador, Calle 50, Obarrio, Panama City. Bring US dollars and leave with Bitcoin, USDT or USDC, or bring crypto and leave with cash, the same visit. Open Monday to Friday, 10:00 to 18:00; weekends and holidays by appointment.
Do I need an appointment or ID?+
No appointment on weekdays, just walk in during opening hours; a message ahead helps for larger sums. Everyday amounts need no verification. Larger amounts need a one-time ID check.
What does it cost?+
The fee depends on the amount and the direction, and the exchange calculator shows it before you come. At the desk a person confirms a firm quote before anything moves.
Is the desk cheaper than a Bitcoin ATM in Panama?+
Usually yes. Bitcoin ATMs typically take 7 to 15 percent in spread and offer no help. At the desk you see the fee up front, the quote is firm, and a person handles it with you.
Which coins can I buy or sell?+
Bitcoin, USDT and USDC are the usual ones. We handle practically any coin with enough liquidity; ask us about yours.
Tell us your amount
A message is enough. We have the cash or the crypto ready when you arrive.