Zilligo Payments LTD, Mauritius File C215482

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Mexico

Cash out crypto in Mexico, in pesos or in cash.

Withdraw to your CLABE through PayPal, send cash a relative can collect with their INE, top up a Mexican number, or shop with Amazon.com.mx codes.

9Ways to get paid here
From 1%Fee, shown first
MXNLocal currency
Your orderRate held for 20 minutes
You send508.58

Zilligo fee, 1.5%
$7.50
Network fee
Paid by your wallet
Per order
$100 to $5,000
Cash out $500

An estimate at today's price. Your order page fixes the exact amount for 20 minutes.

The short answer

To cash out crypto in Mexico today, choose PayPal, enter your PayPal email and send your coins. The money lands within minutes of them confirming, and you withdraw it in pesos to BBVA, Banorte, Santander or any other bank by CLABE. For someone without a bank account, a Western Union or MoneyGram transfer is ready to collect the same day. Direct SPEI payouts are planned, not live. Our fees range from 1% to 2%, Western Union and MoneyGram add their transfer cost, and the quote shows every line before you pay.

Local context

Pesos when your bank will not touch crypto

Mexican banks are not allowed to offer crypto services to their customers, so your banking app cannot sell USDT for you. Most people sell on a local exchange or trade peer to peer, where you wait for a stranger to send pesos and then check that the transfer really arrived.

Zilligo leaves the stranger out. You send coins from your own wallet, and we pay your PayPal, which lets Mexican accounts withdraw to a local bank by CLABE, in pesos only. We do not send SPEI ourselves yet; that is planned.

Money for family is the other big reason people cash out here. Mexico received about $61.8 billion from abroad in 2025, and for relatives without a bank account, cash pickup is the simple route. A Western Union or MoneyGram payout from your crypto can be picked up at an agent with a valid official photo ID, such as the INE, and the transfer number.

The SAT generally treats a gain from selling crypto as taxable income under ISR, added to your other income for the year. Keep the date, amount and order page of each cashout. This is general information, so check with a contador.

Local bank payoutsPlanned

Direct SPEI payouts to a CLABE are planned, not live. Today, PayPal withdraws pesos to banks such as BBVA México, Banorte and Santander México.

BBVA MéxicoBanorteSantander México

Local payment systems: SPEI

Watch out

Skip these in Mexico

These trip people up in Mexico more than anything else.

ACH or SEPA to a CLABE

ACH needs a US account and SEPA a European IBAN. A Mexican CLABE works with neither.

Apple and Google Play codes

We do not sell Mexican Apple or Google Play codes, and codes from another country will not redeem on a Mexican account.

Cash App, Venmo and Chime

All three need a US account and do not pay out in Mexico.

All options

Everything that works in Mexico

Local tips

Good habits in Mexico

  1. 1

    Link your CLABE in PayPal first

    Add your 18-digit CLABE before you order, so the withdrawal is ready when the money arrives.

  2. 2

    Expect PayPal to convert

    PayPal México withdraws in pesos only, so a dollar balance is converted at PayPal's rate.

  3. 3

    Match the name on the INE

    For a cash pickup, enter the recipient's full name exactly as on their ID, both surnames included.

  4. 4

    Enter phone numbers with +52

    Top-ups need the full international number.

  5. 5

    Keep records for the SAT

    Save each order page with its date and amount for your annual return.

Questions

Quick answers for people in Mexico

Question about your country? Get in touch, replies usually come within the hour.

How do I cash out crypto to my Mexican bank?

Cash out to PayPal, then withdraw to your bank by CLABE in pesos. Direct SPEI payouts from us are planned.

Can I cash out USDT in Mexico?

Yes. Send USDT on Tron or Ethereum to the address on your order page, and choose PayPal, cash pickup, a top-up, a gift card or a virtual Visa.

Can my family collect cash in Mexico?

Yes. Western Union and MoneyGram transfers are ready the same day. The person collecting brings a valid official photo ID and the transfer number.

Can I top up a Mexican phone with crypto?

Yes. Choose Mobile Top-Up and enter the number with +52. Orders go from $50 to $300, for a 1% fee.

Does PayPal work in Mexico?

Yes. Mexican PayPal accounts can receive money and withdraw to a local bank by CLABE, in pesos.

Is crypto taxed in Mexico?

Generally yes: the SAT treats gains from selling crypto as income under ISR. This is general information, not tax advice: check with a contador.

Which gift cards can I buy for Mexico?

Amazon.com.mx codes, and Steam wallet codes that convert to your wallet's currency when redeemed.

Ready when you are

Pesos, cash or phone credit, from your crypto

Pick a payout, send your coins, and see the exact amount before you commit.

Orders from $50 on gift cards and top-ups, $100 on most payouts. Nothing moves until you send.

  1. 1Pick a payoutBank transfer, PayPal and other wallets, a card, a gift card or cash pickup.
  2. 2Send your coinsTo the one-time address on your order, before the 20 minute timer runs out.
  3. 3Get paidMost payouts arrive within minutes of your coins confirming.