The desk

Cash to crypto, in person.

Panama's crypto exchange, in person. Walk in with cash or a wire, walk out with BTC or stablecoins. Or the other way around.

No KYC for smaller amountsBy appointment on weekendsSettled the same visit
Message the desk
01Desk pricing

Know your number at the desk

Rates follow your loyalty tier and are quoted in person. Message the desk for your exact number before you come in.

Message the desk
02Loyalty

Four tiers. The house works for its regulars.

Every client starts as Aficionado. Volume moves you up the ladder. The desk assigns tiers, no forms, no points.

Tier 01

Aficionado

Where everyone starts

Open to every client from the first visit

Tier 02

Novillero

For returning clients

From $25,000 exchanged with the desk

Tier 03

Matador

Serious volume, sharper pricing

From $100,000 exchanged with the desk

Tier 04

Leyenda

The private desk

By invitation only

Tiers are assigned at the desk based on your exchanged volume. Clients see their tier and pricing in the client area.

Questions about the desk

Can I buy Bitcoin with cash in Panama?+

Yes. Torero Coin is a physical exchange desk in Panama City. Bring US dollars and walk out with Bitcoin, USDC or USDT, or the other way around. Stablecoins settle one to one with the dollar.

How much does it cost to exchange?+

You pay a percentage, or a fixed minimum on small amounts, whichever is higher. The percentage drops as you move up the loyalty tiers. Use the calculator above to see your exact number before you visit.

Do I need to do KYC?+

The desk operates without KYC up to defined limits, which covers most everyday exchanges. For larger amounts, moving funds into a bank account, or international wires, you verify once in the client area.

Which coins do you exchange?+

Bitcoin, USDC and USDT, in both directions. You can bring cash for crypto or bring crypto for cash.

How fast is settlement?+

Same day, in person. Cash is counted in front of you and crypto is confirmed on chain before you leave.

How it works

Three steps. No banks. No surprises.

A calm, in-person process designed around your time and your privacy.

01

Schedule via WhatsApp

Tell us the amount and the asset. We confirm the rate and a time.

02

Walk in

Come to our Calle 50 location in Obarrio. Coffee is on us.

03

Settle

Exchange cash or wire for crypto, or the other way around. Done in minutes.

Location

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
Contact

We’d love to hear from you.

Tell us what you need. We usually reply within minutes during desk hours.

Book a call

Prefer to talk? Reach us on WhatsApp, Telegram or Signal.

This opens WhatsApp with your details pre-filled. Nothing is stored.