Panama's crypto exchange, in person. Walk in with cash or a wire, walk out with BTC or stablecoins. Or the other way around.
Estimated fee 0%, you pay $10, you receive about $990.
+ $10 operational fee
You pay $10
for under $20,000
in the coin you choose, settled at the desk
Fees can move slightly with the market. In a good market, or for larger volumes, we may offer an even better rate.
The full ladder
The step is decided by the amount, not by a membership. A step starts at its lower bound: at $50,000 you are in the $50,000 step.Tap any step to see that rate.
Tell us the amount and which way it goes. We confirm a number and a time.
PH El Embajador, Calle 50, Obarrio. Ground-floor entrance, paid parking right in front.
Cash counted in front of you, crypto confirmed on chain before you leave.
Crypto and stablecoinsBTC, ETH, USDT, USDC, XRP, SOL, AVAX, TRX and more
or practically any coin with enough liquidityBTC, USDC and USDT every day, and practically any coin with enough liquidity. For a less common coin, message the desk first so it is ready.
Stablecoins settle 1:1 with the dollar.
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.
You pay a fee that depends on how much you exchange and in which 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 smaller amounts and falls to 3% from $8,000, and under $200 it is the same $10 operational fee. There is no minimum. The calculator and the full ladder are on this page, and fees can move slightly with the market.
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.
Bitcoin, USDC and USDT every day, and practically any coin with enough liquidity, in both directions. You can bring cash for crypto or bring crypto for cash; for a less common coin, message the desk first so it is ready.
The same visit, in person. Cash is counted in front of you and crypto is confirmed on chain before you leave.
At the Torero Coin desk, PH El Embajador, Calle 50, Obarrio, Panama City. You send your USDT, USDC or Bitcoin and receive US dollars in cash, counted in front of you. Walk in Monday to Friday, 10:00 to 18:00; weekends and holidays by appointment.
Message us on WhatsApp with the amount, or come straight to the desk, and a person confirms a firm figure. You send the crypto to the address we give you in person, we confirm it on chain, and we hand you the dollars, counted in front of you, the same visit. The calculator on this page shows the estimated fee for your amount.
No. Torero Coin is a physical desk staffed by people, not a machine. You talk to someone, get a firm quote before anything moves, see the cash counted in front of you, and the crypto is confirmed on chain before you leave. We exchange in both directions and not only Bitcoin: also USDT, USDC and practically any coin with enough liquidity.
Rates and fees shown here are indicative and confirmed at the desk before any exchange. Nothing on this page is financial or tax advice; you are responsible for your own tax obligations. Our services are not available to residents of the United States.
PH El Embajador, Calle 50, Obarrio
Panama City, Republic of Panama
Ground-floor entrance. Paid parking directly in front.
Open in Google MapsSame number on WhatsApp and Signal. We usually reply within minutes during desk hours.