Summary
- Bitso is the digital financial platform for Latin America
- Access 150+ cryptos, digital dollars (USDC) and soon global stocks
- Start from $100 MXN, with no hidden fees or lock-ups
Expanding Access to Decentralized Finance (DeFi)
Bitso continues to enhance its trading portfolio by introducing Raydium (RAY), a key player in Solana’s DeFi ecosystem. Unlike traditional decentralized exchanges (DEXs), Raydium integrates with Solana’s on-chain order book, enabling deeper liquidity, efficient price discovery, and seamless trading experiences for users.
What is Raydium?
Raydium is a decentralized automated market maker (AMM) built on Solana, allowing users to swap tokens, provide liquidity, and engage with DeFi applications efficiently and at low cost. What sets Raydium apart is its integration with OpenBook, a decentralized and open-sourced, community-led order book that ensures deep liquidity and optimal price execution beyond standard AMM pools.
Raydium offers several key features:
- Token Swaps: Fast and cost-efficient trading with minimal slippage.
- Liquidity Provision: Users can earn rewards by providing liquidity to pools.
- Staking: Holders can stake RAY tokens to earn additional rewards.
- Launchpad (AcceleRaytor): A platform for launching new Solana-based projects.
How It Works
Raydium operates using smart contracts on Solana to facilitate trading, liquidity management, and governance.
Liquidity Pools and Order Book Integration
Unlike traditional AMMs that rely solely on liquidity pools, Raydium also routes liquidity through OpenBook’s order book, ensuring users get the best possible prices and tighter spreads when trading on the platform.
Staking and Rewards
Users can stake RAY tokens to earn passive income while contributing to the network’s security and stability. Additionally, liquidity providers receive trading fees and potential yield farming rewards.
AcceleRaytor: Supporting New Projects
Raydium’s AcceleRaytor platform allows new projects on Solana to launch and secure early liquidity. This contributes to the overall expansion of Solana’s DeFi ecosystem.
Why RAY Stands Out
1. Deep Liquidity on Solana
Raydium is the largest AMM on Solana, powering liquidity for multiple DEXs and aggregators like Jupiter. While many users interact with Jupiter for trading, a significant portion of its liquidity originates from Raydium.
2. Community-Driven Governance
RAY holders can participate in governance, voting on protocol upgrades and ecosystem changes that shape the future of Raydium.
3. Access to Exclusive Services
Some Raydium features, such as governance participation and potential fee discounts, are accessible only to RAY holders, making it a valuable asset for active users within the ecosystem.
How to Get Started with RAY on Bitso
- 01
Create a Bitso account
Visit bitso.com or download the official app. Tap 'Create account' and enter your email, a secure password, and your country of registration.
- 02
Verify your identity
Complete verification with a photo of your ID or passport plus a selfie. Required by regulations and to unlock all features.
- 03
Deposit funds
Once verified, deposit your local currency via bank transfer or SPEI from the deposits section.
- 04
Buy crypto
Go to 'Markets' or 'Buy/Sell', pick the asset, enter the amount, and confirm. The platform calculates the value in real time.
- 05
Turn on security
Enable two-factor authentication (2FA) and set up alerts to stay informed about your account.
Why Start with Bitso
- 01
Start small
The minimum investment is $100 MXN (or its equivalent). It lets you learn how the platform and the markets work without overcommitting.
- 02
Diversify your portfolio
You don't have to choose between crypto and traditional investing. Combine cryptocurrencies, Digital Dollars (USDC), and soon U.S. stocks in a single portfolio.
- 03
Put your assets to work
With Rendimientos, your eligible assets generate automatic weekly earnings. No fees or lock-ups — withdraw whenever you want.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. RAY is a DeFi token, and its value may fluctuate based on market conditions and adoption. Bitso encourages users to conduct their own research (DYOR) and carefully assess risks before making any investment decisions.
