Independent Audit Report
Bitso
VS
Lithic

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
TL;DR
It's a tie! Both score 4/5 stars. Choose Bitso if you need Businesses and crypto traders in Latin America wanting a mul, or Lithic if you need Fintechs and businesses wanting to launch custom Visa/Master. ⬇ Scroll for full 20-point audit
Best For
Bitso vs Lithic
Businesses and crypto traders in Latin America wanting a mul... vs Fintechs and businesses wanting to launch custom Visa/Master...
Fee Structure
Bitso vs Lithic
Exchange trading fees vary; multi-currency account with tran... vs B2B enterprise pricing; varies by transaction volume, card p...
Rating
Bitso vs Lithic
4/5 ★ vs 4/5 ★
Bitso
Latin American Crypto Exchange & Multi-Currency Business Account
Best For Businesses and crypto traders in Latin America wanting a multi-currency account with support for USD, EUR, BRL, COP, MXN, ARS, and cryptocurrencies
Core Fee Exchange trading fees vary; multi-currency account with transparent FX and no hidden fees; business account onboarding available
Settlement Real-time currency conversion; SWIFT, SEPA, Pix, SPEI, and on-chain transfers; multi-user access with role-based permissions
Visit Bitso ↗
Lithic
Card Issuing & Payments Infrastructure
Best For Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance
Core Fee B2B enterprise pricing; varies by transaction volume, card program type, and features
Settlement 99.99%+ uptime; sub-100ms authorization times; instant virtual card issuance via API; supports Apple/Google/Samsung Pay
Visit Lithic ↗
What This Audit Doesn't Cover: Real-time currency fluctuations, promotional offers, region-specific pricing, or temporary fee waivers. Always verify current rates, fees, and features directly with Bitso and Lithic before making any financial decision.
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Bitso Lithic
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
4/5
Bitso: rated on fees, features, safety & ease of use
4/5
Lithic: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
Exchange trading fees vary; multi-currency account with transparent FX and no hidden fees; business account onboarding available B2B enterprise pricing; varies by transaction volume, card program type, and features
FX / Conversion SpreadMarkup above mid-market exchange rate
Bitso charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Lithic charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
Bitso applies account maintenance charges as described in its fee schedule. Pricing may vary by region.
Fees subject to change — verify before signing up
Custom/tiered pricing — Lithic's fee structure depends on your account tier or usage volume.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Bitso does not primarily offer physical cards — access is digital-first.
Check Bitso app for current card fees
Lithic offers virtual and physical cards. Check the Lithic app under card settings for current issuance fees.
Check Lithic app for current card fees
Domestic SettlementLocal bank transfer completion time
Bitso
Real-time currency conversion; SWIFT, SEPA, Pix, SPEI, and o
VS
Lithic
99.99%+ uptime; sub-100ms authorization times; instant virtu
✓ Lithic is faster (instant vs Real-time currency conversion;)
Cross-Border SpeedInternational corridor settlement time
Bitso is built for cross-border transactions. Delivery times depend on the corridor and partner network.
Check the app for live estimates
Lithic supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Bitso is a regulated platform — it maintains high availability standards as part of its regulatory obligations.
Check Bitso status page for incident history
Lithic publishes service status updates on its official status page for transparency.
Check Lithic status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Regulated crypto exchange; multi-asset support with full separation and control; developer-first integration with API and webhooks
✓ Licensed
Enterprise-grade security; scalable infrastructure; 99.99% uptime; supports unlimited card creation; multi-campaign management
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
Bitso holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Bitso
Lithic holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Lithic
2FA & AuthenticationMulti-factor security implementation
Bitso supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Lithic supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Bitso employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Lithic employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Bitso
Businesses and crypto traders in Latin America wanting a multi-currency account with support for USD, EUR, BRL, COP, MXN, ARS, and cryptocurrencies
Lithic
Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance
Platform ClassificationRegulatory and product category
Latin American Crypto Exchange & Multi-Currency Business Account Card Issuing & Payments Infrastructure
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Bitso applies tiered withdrawal limits based on your KYC verification level and business activity.
Log in to see your current limits
Lithic withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Bitso supports multiple fiat currencies and/or digital assets.
Check Bitso official site for full currency list
Lithic supports the currencies and assets listed in its official documentation.
Check Lithic official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Bitso app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Lithic app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Bitso offers support through its help centre and official contact channels.
Check Bitso help centre for current support options
Lithic offers support through its help centre and official contact channels.
Check Lithic help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Bitso business verification may take longer — check the onboarding flow for current timelines.
Verify current wait times in the Bitso app
Lithic KYC timelines depend on document quality and account type.
Verify current wait times in the Lithic app
Overall VerdictWealthBlueprint independent recommendation
IT'S A TIE — both score 4/5 stars.

Choose Bitso if you need: Businesses and crypto traders in Latin America wanting a multi-currency account with support for USD, EUR, BRL, COP, MXN, ARS, and cryptocurrencies.
Choose Lithic if you need: Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance.

➜ Your choice depends on your specific needs
Official WebsiteVisit platform to sign up or verify current fees
Visit Bitso ↗ Visit Lithic ↗

Choose Bitso If:

  • You need Businesses and crypto traders in Latin America wanting a multi-currency account with support for USD, EUR, BRL, COP, MXN, ARS, and cryptocurrencies
  • You prefer Exchange trading fees vary; multi-currency account with transparent FX and no hidden fees; business account onboarding available
  • You value Real-time currency conversion; SWIFT, SEPA, Pix, SPEI, and on-chain transfers; multi-user access with role-based permissions
  • You want a regulated platform (Regulated crypto exchange; multi-asset support with full separation and control; developer-first integration with API and webhooks)

Choose Lithic If:

  • You need Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance
  • You prefer B2B enterprise pricing; varies by transaction volume, card program type, and features
  • You value 99.99%+ uptime; sub-100ms authorization times; instant virtual card issuance via API; supports Apple/Google/Samsung Pay
WealthBlueprint Verdict Summary
Bitso — Best For
Businesses and crypto traders in Latin America wanting a multi-currency account with support for USD, EUR, BRL, COP, MXN, ARS, and cryptocurrencies
✓ Strong in its core category
Lithic — Best For
Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance
✓ Strong in its core category

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