Chile’s digital economy is picking up momentum as more citizens turn to cryptocurrencies like Bitcoin and Ethereum to store value, diversify their investments, and participate in the growing Web3 economy. With inflation, currency fluctuation, and financial innovation all playing a role, Chileans are seeking secure and fast ways to enter the crypto market. A key player enabling this access is Khipu, a local payment platform that simplifies bank transfers and helps users fund cryptocurrency purchases without any friction.

Khipu offers an ideal solution for those who want to buy crypto in Chile without relying on traditional credit or debit cards, which do serve their purpose — but who doesn’t like more options? It’s speedy, safe, and integrates directly with major Chilean banks. At MyBTCX.com, we support international users across Latin America, and Khipu represents a powerful, user-friendly bridge between fiat and crypto in Chile’s evolving financial landscape.

What is Khipu?

Khipu is a Chilean electronic payment system that connects directly with users’ bank accounts to facilitate real-time online payments. Founded in Santiago, Khipu streamlines digital transactions by automating bank transfers — eliminating the need for onerous manual inputs or card information. The platform uses encrypted connections to authenticate payments and provides an additional layer of verification to enhance security.

This system is widely adopted in Chile for paying utility bills, making e-commerce purchases, and funding accounts for a range of services — including cryptocurrency exchanges like MyBTCX.com. According to Khipu’s official website, the platform’s mission is to replace cash and cards with smarter, bank-based payments. For crypto buyers, that means they can purchase Bitcoin or Ether without the hassle of dealing with unfamiliar payment methods or waiting for long settlement times. When Chileans want their crypto, the faster the better.

How Khipu Works for Crypto Transactions

Using Khipu to buy crypto is simple and straightforward. When you initiate a purchase on the MyBTCX.com crypto platform, follow these quick and easy steps:

1. Register your account by providing your name and email address:

2. You will be asked to verify your identity in line with industry standard Know Your Customer (KYC) requirements. Once your account is set up, login and navigate to the “Buy & Sell” section at the top left hand side of your screen. You can then choose from a variety of digital currencies, including Bitcoin (BTC), Ether (ETH), and popular altcoins like USDT, BNB, USDC, XRP, SOL and more. Enter the amount of Chilean peso (CLP) you want to spend, choose Khipu as your payment method and enter the destination wallet address that you want to send the crypto to, then tap the red “Buy” button at the bottom:

3. You’ll then be asked to add your billing details by entering your name, address, country of residence and date of birth as shown below. Then tap the blue “Submit my details” button:

4. Next, you will be asked to confirm your identity. Select the option that reflects your residence and press the blue “Continue” button:

5. Now select your government issuing country and document type of the ID you will use to verify and tap the blue “Continue” button:

6. You will then be prompted to complete photo/scans of your selfie and ID document to complete verification. It’s super fast and simple. Once your identity verification is complete, enter your occupation information as shown below and press the blue “Submit my details” button.

Because Khipu processes payments in real-time and interfaces directly with banks, the transfer is nearly instant — and your cryptocurrency order will appear in your wallet shortly after. You will be updated via email notifications of your transfer and its progress each step of the way leaving you in the driver’s seat and in full control.

Got questions? Contact our MyBTCX.com team and our friendly staff will help guide you.

Benefits of Using Khipu to Buy Bitcoin in Chile

One of the primary advantages of Khipu is its direct integration with Chilean banks, which not only speeds up payments but adds a layer of trust, transparency and the comfort of familiarity. For users new to crypto, this is especially valuable.
Security is another core benefit. Khipu uses banking-grade encryption and does not store user credentials. When you use the service, all authentication occurs within your bank’s own environment, ensuring a high level of privacy and protection.
Khipu is also convenient — there’s no need to input long account numbers or rely on intermediary services. You simply log in with your usual bank credentials and approve the payment. This makes it appealing to users of all ages and digital skill levels.
Another major advantage is speed. Since Khipu routes payments directly through banks in real time, there’s no waiting for approvals or cross-border settlement. You can go from decision to crypto ownership in just a few minutes.
Finally, Khipu is highly accessible, supporting a wide range of financial institutions across Chile. It doesn’t matter if you bank with Banco de Chile, Banco Estado, Santander, BCI, or another major institution, there’s a high likelihood your account is Khipu-compatible.

Pro Tips for Smooth Transactions

To make sure your crypto funding experience with Khipu is successful, consider the following:

Check bank compatibility: Not all banks offer full API integration. Visit Khipu’s official list to confirm your bank supports instant payments.
Monitor transaction limits: Some banks impose daily transfer limits. Make sure your crypto purchase amount falls within your bank’s allowed limit.
Use desktop or secure mobile environments: For better performance and security, complete transactions on trusted devices.
Double-check your crypto wallet address: Always confirm the address before transferring purchased funds out of the platform.

Why Khipu is Leading Chile’s Crypto Payment Evolution

Chile has shown strong regulatory and infrastructure support for digital innovation. Khipu is part of a broader fintech wave helping the region move toward cashless, bank-linked, and secure payment solutions.

As more citizens look to buy Bitcoin in Chile, the need for locally trusted, instant payment systems is paramount. Khipu fits perfectly into this trend by making it easier for Chileans to join the crypto economy on their own terms — directly from their bank accounts and without the need for international cards or USD-based platforms.

This is especially important in a region where banking access is high, but international card penetration is relatively low. By removing barriers, Khipu accelerates adoption and bridges the gap between traditional finance and blockchain-based innovation.

Get Started Today!

If you're a Chilean resident looking for a fast, secure, and familiar way to enter the crypto market, Khipu offers one of the best solutions available. Integrated directly with local banks, free of card dependencies, and supported by leading platforms like MyBTCX.com, Khipu empowers users to take full control of their crypto journey.

If you're buying Bitcoin for the first time, topping up your Ether wallet, or exploring blockchain as an investment strategy, funding with Khipu offers a smart, reliable option — all while keeping your payments local and trusted.

Start your crypto purchase today with MyBTCX.com, and experience how simple buying Bitcoin in Chile can be with Khipu.