Notbank Exchange review

Notbank Exchange is a centralised cryptocurrency exchange launched by Rafael Meruane, who previously founded CryptoMKT, one of Latin America's largest digital asset platforms. The exchange is positioned as a high-liquidity trading venue with competitive spreads, targeting both retail and professional traders across the Latin American region. Meruane's previous success at CryptoMKT—which operates in multiple countries and maintains substantial trading volume—suggests operational maturity and regional market expertise. Notbank emphasises execution quality and fast trading for digital assets, alongside integration with international commerce functionality, distinguishing it from narrower crypto-only venues. Operations appear centred in Latin America, accessed through integration with existing CryptoMKT infrastructure in countries including Mexico, Argentina, and Brazil, though precise country-level availability has not been publicly confirmed. The exchange collects trading fees typical of the regional exchange landscape, but detailed maker, taker and withdrawal fee schedules remain unpublished. KYC requirements and account verification procedures are standard for Latin American exchanges, though specific compliance frameworks have not been disclosed. Notbank accepts approximately 150 cryptocurrencies, covering major coins and popular regional tokens. Regulatory status and custody architecture remain minimally documented. As of mid-2026, no major security incidents or custody breaches have been publicly attributed to Notbank or its operator. The platform benefits from Meruane's reputation in the region but lacks third-party security audits, published compliance certifications, or transparent governance disclosures. Insurance or cold-storage protocols are not publicly specified. Notbank's positioning around commerce integration suggests potential appeal to merchants and businesses converting between fiat and cryptocurrency, alongside traditional traders. Notbank competes within the crowded Latin American CEX market against established venues such as Bitso, CryptoMKT itself, and global platforms offering regional access. Its differentiation relies on claimed superior liquidity and spreads rather than unique features or regulatory advances. It lacks the brand recognition, global infrastructure and published transparency standards of market leaders. For traders within covered Latin American countries seeking an alternative liquidity venue, Notbank offers a credible option; for those requiring regulatory certainty, global access, or transparent fee disclosure, established regional or global platforms remain preferable.

Notbank Exchange is lightly regulated or non-custodial. No major custody breach on record. As with any platform, use strong security and only hold what you need on it.

Yes — identity verification (KYC) is required for most features.

Notbank Exchange fees: maker Not publicly listed, taker Not publicly listed; withdrawals: Not publicly listed. Always confirm current fees on the official site, as crypto fees change often.

No / restricted.

Latin American traders seeking alternative execution venue with emphasis on liquidity and competitive pricing..

Avoid Notbank Exchange if: You require transparent fee schedules, global accessibility, or verified regulatory compliance..

Pros: Backed by Rafael Meruane, founder of CryptoMKT, with established track record in Latin American crypto infrastructure; Emphasis on high liquidity and competitive spreads differentiates from regional competitors; Support for both digital assets and international commerce facilitates diversified trading use cases. Cons: Limited public documentation on fees, platform architecture and regulatory compliance; Geographic availability unclear beyond Latin American region; exact country-by-country access not specified; No independent security audits or custody standards published.

No / limited. See the official site for current licensing.

This review was last verified on 2026-09-08 against the official site.