Oobit Review: Is It Safe? Fees, App & Ranking

Oobit

2-5 years

Not Regulated

Payment

Questionable Regulatory License

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Basic Information

Country/Region

United Kingdom

Exchange AbbreviationOobit

Company Nameoobit

Operating Period2-5 years

Websitehttps://www.oobit.com/

Trade TypeFiat Trading

Score

0.00/10

2026-08-27 Rating

RiskNotice

1 risk alerts

This platform currently has no valid crypto asset regulation. Please be aware of the risks!

No Regulatory License

Be aware of the risks!

Exchange Overview

What is Oobit?

Oobit is a cryptocurrency payment app that focuses on "pay with crypto, pay anywhere".

Platform Features

Users can use any wallet to spend cryptocurrencies like Bitcoin, Tether, Ethereum, Bitcoin Cash with their phones anywhere in the world that accepts Visa. In collaboration with BNB Chain and others, it focuses on integrating cryptocurrency into real-life payment scenarios.

Business Region

InfluenceA

News

Oobit expands Tether-backed crypto Visa Card to Guatemala, Paraguay

Oobit has expanded its Tether-backed non-custodial crypto payments platform to Guatemala and Paraguay, extending its Latin American footprint as demand for stablecoin-based payments continues to grow across the region.　　The launch allows users in both countries to spend and send cryptocurrencies anywhere Visa is accepted, covering more than 150 million merchants worldwide across online and in-store transactions.　　Users will also be able to join the waitlist for Oobits AI Agent Cards.　　Oobit expands LATAM footprint　　The expansion marks Guatemala and Paraguay as Oobits 10th and 11th markets in Latin America, joining countries including Brazil, Colombia, and Bolivia.　　Through Oobits non-custodial Visa card, users can make payments directly from supported wallets such as Phantom, MetaMask, Binance, and Trust Wallet while retaining custody of their digital assets. Merchants receive settlement in local currency.　　According to the company, this approach differs from several crypto payment offerings currently available in Guatemala and Paraguay that require users to transfer assets to custodians or do not provide Visa card acceptance.　　Tether, a strategic investor in Oobit, has supported the companys regional expansion through its infrastructure investments in Latin America and its efforts to expand $USDT distribution.　　Platform data highlights stablecoin spending　　Oobits internal data points to increasing use of cryptocurrencies for everyday purchases across Latin

07-02Token

Oobit Integrates Pix: How the Tether-Backed App is Bringing USDT to 170 Million Brazilians

Oobit Expands $USDT Rails to Brazils Pix Network, targets 170 Million Potential Users　　Oobit, a payments app backed by Tether, has reached a milestone in Brazil that could potentially expand its reach to millions.　　On Tuesday, the company announced it was implementing native Pix integration, allowing Brazilian users to leverage Oobit‘s payments whenever Pix is active. According to a social media post, Brazilian users can now deposit Brazilian reais with Pix and receive $USDT seamlessly on Oobit’s mobile app, enabling them to complete payments in seconds with these funds and leverage $USDT as a savings instrument.　　Pix is the most popular payment system in Brazil, created by the central bank, with a 170 million user base, an estimate of 93% of all adults in Brazil.　　Oobit advisor Alex Obchakevich highlighted the relevance of this integration and stressed that the payment process was similar to any other banking app, which could fuel adoption for crypto natives seeking to use their funds for everyday spending.　　“The blockchain runs in the background, while the experience is identical to the Pix flow Brazilians already know from every banking app. No new interfaces, no conversion delays,”he declared.　　The move comes as Oobit has pushed to expand into Latam after a $25

06-26Token

USDT Hits Near 100% Market Share in Key Latam Markets, New Oobit Report Reveals

A recent report by Oobit disclosed that in almost all Latam markets, most stablecoin transactions were completed using $USDT, which acts as the de facto dollar proxy in the region. In addition, the company highlighted that the regions use of stablecoins was akin to cash.　　Key Takeaways:Oobit reported $USDT holds up near 100% of the stablecoin market volume across Latam, cementing Tethers dominance.Spurring 202% growth in Brazil, Oobit links self-custody wallets to Visas 150M merchant network.Colombia became Oobits 9th live market, scaling daily cash-like crypto usage for local economies.　　Oobit Highlights Tether‘s Domain Of Latam’s Stablecoin Markets　　$USDT, in addition to being the largest stablecoin by market cap in the whole crypto market, seems to have a special hold on Latam markets.　　Oobit, a payments and remittance company, has released a report demonstrating the dominance of $USDT, Tethers flagship dollar-pegged stablecoin, across almost every market in Latam where it operates.　　According to data sourced from Artemis and Obchakevich Research, “ $USDT absolutely dominates the regions stablecoin transaction volumes: in Bolivia, Peru, and Ecuador it is effectively 100%, in Colombia around 98%, and in Chile and Brazil roughly 90%.”　　The only country where USDC, $USDTs largest competitor, has a relevant share of the stablecoin market is Argentina,

06-06Token