Let'sBit Crypto Exchange Review: Is It Still Operational in 2025?

If you’re looking for a crypto exchange to trade in Latin America, you might have come across Let'sBit. But here’s the hard truth: as of November 2025, Let'sBit isn’t a functioning exchange anymore. It’s not slow. It’s not down for maintenance. It’s gone.

Back in 2020, Let'sBit promised to make crypto simple for everyday users in Argentina, Brazil, and Mexico. Its team claimed to build a platform with local payment options - peso deposits, real-time conversions, easy onboarding. For people tired of complicated global exchanges, it sounded perfect. But promises don’t keep servers running. And Let'sBit’s servers have been silent for years.

No Trading, No Liquidity, No Users

Check CoinMarketCap or CoinGecko. Search for Let'sBit. You’ll find a listing - but it’s empty. No trading pairs. No volume. No active markets. That’s not a glitch. That’s a tombstone. In 2023, major crypto data trackers started labeling Let'sBit as “untracked.” By 2024, it disappeared from all active exchange rankings. Today, it’s not just inactive - it’s invisible in the market.

Compare that to Bitso in Mexico or Mercado Bitcoin in Brazil. Both handle billions in monthly volume. They have mobile apps, verified reserves, customer support teams, and real-time trading. Let'sBit has none of that. There’s no API documentation. No withdrawal limits published. No security audits released. No proof-of-reserves. None of the basic infrastructure that even a small exchange needs to be trusted.

What Users Actually Experienced

Trustpilot shows 19 reviews for Let'sBit. That’s not a lot - but the pattern is chilling. Over half gave it 5 stars. Almost 37% gave it 1 star. And zero gave it 4 stars. Why? Because Let'sBit didn’t operate consistently. It worked for some people in 2021. Then it didn’t work in 2022. Then it worked again briefly. Then it vanished.

Positive reviews talk about “easy onboarding in Argentina” and “helpful support.” Negative ones scream: “My funds got frozen for 8 months.” “I tried to withdraw and got no reply.” “The website just stopped loading one day.” One user on Reddit in 2022 said they successfully bought Bitcoin on Let'sBit - then spent six months trying to cash out. They never got it back.

There’s no active community on Reddit or Telegram anymore. No updates on Twitter. No GitHub commits since early 2022. The Wayback Machine shows their website barely changed after 2021. It’s like the company stopped caring - or stopped existing.

Why It Failed When Others Succeeded

Latin America is one of the fastest-growing crypto regions in the world. Argentina ranks third globally for crypto adoption. Brazil is fifth. Millions use crypto to protect savings from inflation. So why did Let'sBit die while Ripio and Buenbit thrived?

Because they built real partnerships. Ripio works with Argentine banks. Buenbit complies with local financial rules. They have licenses. They report to regulators. They have customer service that answers calls.

Let'sBit didn’t. There’s no record of them registering with Argentina’s CNV (National Securities Commission) or Brazil’s CVM. No compliance certifications. No audits. That’s not just a mistake - it’s a red flag. In crypto, if you don’t follow the rules, you don’t survive. Even if you’re small, you need legitimacy.

Let'sBit also never built a mobile app. You can’t find it on the Apple App Store or Google Play. No updates. No downloads. That’s not an oversight - it’s a sign they gave up on users.

Is There Any Chance It’s Coming Back?

One review on Trustpilot was posted in July 2025. That’s the latest. Some people might think: “Maybe they’re relaunching.” But that’s wishful thinking.

If Let'sBit were coming back, you’d see:

• A new website with a modern design
• Announcements on social media
• Job postings for developers or compliance officers
• Trading pairs appearing on CoinGecko
• Proof-of-reserves published

None of that exists. Not a single signal. The platform is a ghost. The domain might still be registered. The name might still be on old blogs. But the service? It’s dead.

What You Should Do Instead

If you’re in Latin America and want to trade crypto safely, here are real alternatives that are active, regulated, and trusted:

• Ripio - Best for Argentina. Supports peso deposits, has a solid app, and complies with local laws.
• Buenbit - Top choice in Argentina and Brazil. Low fees, fast withdrawals, strong customer support.
• Bitso - Leading exchange in Mexico. Offers USD and MXN deposits, educational resources, and a clean interface.
• Mercado Bitcoin - Brazil’s largest exchange. Fully licensed, high liquidity, and reliable.
• Binance - Global giant with localized payment options in Latin America. Works in most countries.

These platforms have real volume, real users, and real support. You can withdraw your funds. You can contact someone if something goes wrong. You can trust that your money isn’t sitting in a digital black hole.

Final Warning: Don’t Deposit Money Here

Let’s be clear: if you’re thinking of signing up for Let'sBit, don’t. Even if the website still loads, it’s a trap. There’s no way to verify your funds are safe. No customer support to help you if things go wrong. No legal recourse if they disappear again.

There are hundreds of crypto exchanges. Most are risky. But at least the ones that are still operating have some track record. Let'sBit doesn’t even have that. It’s not a bad exchange. It’s not an underdog. It’s a cautionary tale.

Don’t fall for nostalgia. Don’t trust old reviews. Don’t assume a name on a website means it’s alive. In crypto, silence means death. And Let'sBit has been silent for too long.