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Bitsave explained easy: how it works step by step

Equipo BitsaveAuthor
April 21, 20264 mins de lectura min read
Bitsave explained easy: how it works step by step

What is Bitsave?

Bitsave is an app that allows you to convert Mexican pesos intodigital dollars (USDC)to protect your money in a simple way.

In a context where the peso loses value over time, Bitsave gives you access to an alternative: save your money in dollars without leaving Mexico, without banks abroad and without having to understand crypto.

Unlike buying speculative cryptocurrencies, the focus here is not “trading”, but something much simpler:savings in dollars.

In a nutshell:

  • You deposit pesos

  • They become digital dollars

  • You can remove them whenever you want


How to create your account step by step

The process is fast and secure:

  1. Download the app or go to Bitsave

  2. Create your account with your email

  3. Verify your identity (KYC):

    • Official ID

    • selfie

    • Proof of address

  4. Ready: you can now use the platform

This process exists to protect you and comply with financial regulations.


How to deposit money into Bitsave

You can fund your account in several ways:

Bank transfer (SPEI)

Direct connection with your bank to send money safely.

Digital payments

You can also use:

  • Card (via Stripe)

  • PayPal

  • Payment Market

All processing is supported by real financial infrastructure, not improvised.


How to buy digital dollars (USDC)

Once you deposit:

  1. Your money is reflected in the app

  2. You can convert it to USDC

  3. Your balance is now in digital dollars

USDC is a stablecoin:
1 USDC ≈ 1 dollar

This makes it very different from volatile cryptos like Bitcoin.


Where is your money really?

Here's the important part.

your moneyIt is not saved in Bitsave directly.

It is protected by:

Institutional custody

Bitsave uses providers specialized in safeguarding digital assets.

Cold wallets

More than 90% of funds are stored offline, reducing the risk of hacking.

Multisig (multisignature)

Multiple keys are required to authorize movements.


How to withdraw your money

You can withdraw in two ways:

To your bank account

  • Transfer to your bank in Mexico

  • Processed using SPEI (STP / ARCUS)

To another wallet (if applicable)

You can send your assets outside the platform.


How much does it cost to use Bitsave?

Bitsave charges clear and transparent fees:

  • ~8% on purchases (depending on payment method)

  • ~3% on withdrawals

There are no hidden costs.
You always know how much you are paying.


Is it safe to use Bitsave?

Yes — but like any financial system,there is no zero risk.

What Bitsave does do is reduce it to the maximum:

Identity verification (KYC)

Avoid fraud and money laundering.

Strong authentication

  • 2FA

  • Access monitoring

  • Suspicious activity alerts

Constant security testing

Penetration tests are carried out to detect vulnerabilities.

Robust infrastructure

  • Servers on AWS

  • Advanced encryption

  • 24/7 monitoring systems

In summary:
Level of security comparable to that of financial institutions.


What happens if Bitsave stops operating?

Your money does not depend directly on Bitsave.

  • He is in external custody

  • It is not in company accounts

  • It is recoverable under established processes

This significantly reduces operational risk.


Frequently asked questions

How much do I need to get started?

From approximately $250 MXN.

Can I lose money?

It depends on what you do:

  • USDC → low risk (peg with dollar)

  • Volatile cryptos → high risk

Can I withdraw whenever I want?

Yeah! Your money is not blocked.


Do I need to know about crypto?

No! Bitsave is designed so you don't have to understand it on a technical level.

Does the SAT charge me for having crypto?

Not by having it.
The tax applies when you sell at a profit.



The risk of doing nothing

Many people think that leaving their money in pesos is “the safe thing to do.”

But actually:

  • Inflation reduces its value

  • Your money loses purchasing power every year

Not investing is also a risky decision.

So is Bitsave worth using?

Yeah! For:

  • Protect your money in dollars

  • Avoid inflation

  • Have easy and liquid access

No, if you wait:

  • Quick profits

  • Trading type speculation


Your next step

You don't need thousands of pesos to get started.
You can start from $250 MXN.

Start protecting your money with Bitsave →


Important notice

The information in this article is educational and does not constitute financial advice.
Digital assets are not legal tender in Mexico. Consult a professional before making financial decisions.

Information prepared based on operational, security and internal Bitsave infrastructure documentation.