Last Update April 8th, 2021. Bancolombia is a full-service financial institution that provides a wide range of services to customers throughout South America.
Many Bancolombia customers will find that it is a popular payment method for buying and selling bitcoin as well.
If you are buying or trading bitcoin in high volumes with Bancolombia our recommendation is to use Binance or Paxful for your trading needs.
Where To Buy Bitcoin With Bancolombia
| Company | Fees | Countries Supported | |
|---|---|---|---|
 | Free | All countries | |
 | Free, 0.1% to 5% for sellers | Every country except for a few (see banned countries) |
Table of Contents
2 Ways To Buy Bitcoin With Bancolombia
Binance
| Rating: | |
| Website: | binance.com |
| CEO: | Changpeng Zhao |
| Headquarters: | Malta, European Union |
| Founders: | Changpeng Zhao, Yi He |
| Founded: | 2017 |
| Customer service: | Knowledge Base |
Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.
With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.
Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.
Pros
- Trustworthy management
- High volume exchange
- Low fees
- A large number of cryptocurrency pairs
- Global support
Cons
- Few payment options
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Paxful
| Rating | |
| Website: | paxful.com |
| CEO: | Ray Youssef |
| Headquarters: | New York, New York |
| Founders: | Ray Youssef, Artur Schaback |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Paxful is a person-to-person marketplace that supports over 300 payment methods.
Paxful gives vendors the ability to create offers in all currencies.
Pros
- Escrow system
- Security
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
Cons
- Buyers and sellers are at risk of being scammed
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
What Is Bancolombia?
Established in 1945 and headquartered in Medellin, Colombia, Bancolombia primarily serves Spanish speaking customers in the region of Colombia and neighboring countries. The bank provides a multitude of financial banking products including savings, investment, insurance and brokerage services.
Who Is The Founder Of Bancolombia?
As a company, Bancolombia has evolved over generations and currently includes a number of subsidiaries. The present CEO and Chairman of Bancolombia is Juan Carlos Mora Uribe.