How to send money to Bolivia from Latin America?
If you need to send money to Bolivia from Brazil, Argentina, Colombia or Peru, El Dorado P2P is a modern alternative which works like a digital exchange and is cheaper than Western Union.
The platform allows you to buy and sell USDT (digital dollars) with your local currency, and then exchange those funds for Bolivians directly from your cell phone.
Unlike a traditional exchange office in Bolivia —some with more than 60 years in the market—, El Dorado operates 100% online, without queues or paperwork, ideal for those looking for speed, 24/7 availability and lower commissions.
🎥 Watch this video of Andy Flores where he explains step by step how to send money from Brazil to Bolivia using El Dorado. Ideal if this is your first time doing an operation:
Step 1: Download El Dorado
Download the app for the Play Store or App Store here:
Step 2: Create an account in El Dorado and verify it
Before sending money to Bolivia from another country, you need to first complete a simple verification:
- Create an account by choosing a username, entering an email and creating a password
- Once you complete the registration, click on your username in the “Home” section and select “Verification (KYC)”
- Complete the form with your name, document, date of birth and telephone number
- Verify your phone with an SMS code
Step 3: Buy USDT with your local currency
Depending on the country where you are, choose the currency with which you want to buy USDT, then sell them for Bolivianos (Bs) and send money to Bolivia:
🇧🇷 How to buy USDT in Brazil?
- Go to the “Change” section
- Select Tengo BRL and I want USDT and in the payment method filter choose: Pix
- Below you will see all the merchants selling USDT in exchange for a payment per Pix, and the different rates for buying USDT with Brazilian reais
- Choose an ad for a merchant that is”Online“, select the dollar amount you want to buy and then press”Exchange BRL to USDT“
- Copy the merchant's Pix key that will show the app, go to your bank account (Nubank, MercadoPago Brasil, PicPay, Banco do Brasil, etc.) and make a Pix for the exact amount in reais shown in El Dorado.
- Take a screenshot of the payment receipt, attach it to the order chat and mark”Payment made”
- Wait a few minutes while the merchant verifies your payment and voila, you'll receive the USDT in your wallet.
🇦🇷 How to buy USDT in Argentina?
- Go to the section of “Change” in El Dorado.
- Select I have ARS and I want USDT, and in the payment method filter, choose the app with which you will make the payment: Mercado Pago, Brubank, Lemon, Prex, Ualá, BBVA, bank transfer, among others.
- You'll see a list of merchants that sell USDT and accept payments in Argentine pesos through the selected platforms.
- Look for one that is “Online”, choose the amount you want to purchase and click “Exchange ARS to USDT”. The app will show you the merchant's details for you to make the transfer.
- Access your banking app or digital wallet (Mercado Pago, Ualá, etc.) and send the exact amount in pesos.
- Save a screenshot of the receipt, upload it to the order chat and select the option “Payment made”.
- In a few minutes, when the merchant confirms the payment, you'll see the USDT reflected in your El Dorado account.
🇨🇴 How to buy USDT in? Columbia?
- Go to the section of “Change” in El Dorado.
- pick I have COP and I want USDT, and in the payment method filter select what you are going to pay with: Nequi, Daviplata, Bancolombia, BBVA, Davivienda, Falabella Bank, among others.
- You'll see a list of people who are selling USDT and receiving payments in Colombian pesos for those apps.
- Look for a merchant who is “Online”, select the amount you are going to buy and click “Exchange COP to USDT”. You will see the information to make the payment.
- Open your Nequi, Daviplata app or the bank you use and make the exact transfer in COP.
- Take a screenshot of the receipt, upload it to the order chat and mark “Payment made”.
- Wait a few minutes while the seller confirms the payment and that's it! The USDT comes to your El Dorado account.
🇵🇪 How to buy USDT in Peru?
- Go to the section of “Change” in El Dorado.
- pick I have PEN and I want USDT, and in the filter choose how you are going to pay: Yape, Creditbank, Interbank, BCP, BBVA, etc.
- You will get a list of people who are selling USDT and accept soles through the means you selected.
- Notice that the merchant is “Online”, enter the amount you want to change and click “Exchange PEN to USDT”. The app will show you the data to make the payment.
- From your Yape, Plin or bank app, make the exact transfer in soles.
- Take a photo of the voucher or capture it, upload it to the chat and mark “Payment Made”.
- Wait for a tap while the seller confirms and that's it! The USDT comes to your wallet in El Dorado.
🇧🇴 Step 4: How to sell USDT for Bolivians
The last step, once you've purchased USDT, is to sell them for Bolivians so you can send money to Bolivia with El Dorado P2P. The process is simple:
- Go to “Change” in the El Dorado app and select Tengo USDT and I want BOB
- In the payment method filter, choose the bank where you will receive Bolivians, for example: Yape, Banco Económico, Banco Ganadero, Banco Unión, Creditbank, etc.
- Now, take the ad of a merchant who is”Online“, select the amount in USDT that you want to sell for Bolivianos and then press”Exchange USDT to BOB“
- Wait a few minutes while the merchant makes the payment in Bolivianos, to your bank account.
- Once your counterpart scores”Payment made“, enter your bank's app and verify that you have received the Bolivians for the exact amount.
- Finally, go back to the El Dorado app and mark”Payment received” And voila, you'll have sent money from Brazil to Bolivia, from the comfort of your cell phone, the same day and in a matter of minutes.
What do I do if I have a problem with an order?
In El Dorado P2P, all transactions are protected. If something goes wrong, you can open a dispute and our support team will help you resolve it. Here's a step-by-step tutorial on how to dispute an order from the app and contact support:
🔸 If you are buying USDT and you've already made the payment, but the seller doesn't release:
- Don't worry: USDT are locked under warranty by the platform.
- Attach the proof of payment in the order chat.
- If the seller doesn't respond, open a dispute.
- The support team will step in to release your funds if everything is in order.
🔸 If you are selling USDT and the buyer doesn't pay you:
- Do not release USDT.
- Wait for the stipulated time.
- If the buyer doesn't respond or doesn't pay, open a dispute since the order.
- Our team will review the case and help you cancel it without losing your funds.
What are the fees for using El Dorado P2P?
In El Dorado, the fees for exchanging between one currency and another vary depending on the amount of the transaction.
When you buy less than 40 USDT (or $40), you'll have to pay 0.49 USDT in commission. Plan before you receive your next salary, to make larger purchases and save on commissions.
- 🔸 From 1 to 40 USDT: fixed commission of $0.49
- 🔸 From 40 to 100 USDT: 1.23%
- 🔸 From 100 to 1,000 USDT: 0.99%
- 🔸 From 1,000 to 10,000 USDT: 0.39%
- 🔸 More than 10,000 USDT: 0.24%
📌 Example: If you buy 50 USDT, you will pay 50.61 USDT.
👉 The minimum exchange amount in El Dorado P2P is 1 USDT, although there are merchants who set minimums of less than 1 USDT in their advertisements to attract new users, in exchange for a favorable rate.
🔗 For more detailed information on commissions, you can visit our blog about El Dorado commissions.
What is the minimum and maximum amount to send money to Bolivia?
The minimum amount to send money to Bolivia using El Dorado is 1 USDT, which is the minimum allowed to carry out operations in the P2P market.
As for the maximum, it will depend on your level of verification (KYC) inside the app:
- 🔹 Level 1: upto 250 USDT per month
- 🔹 Level 2: upto 10,000 USDT per month
- 🔹 Level 3: upto 250,000 USDT per month
- 🔹 Level 4: upto 1,000,000 USDT per month
📌 The higher your verification level, the greater your ability to send or receive money to and from Bolivia.
Why choose a digital exchange like El Dorado?
In a country where less than 30% of the population has a bank account, El Dorado adapts to Bolivia's financial reality. Unlike a traditional exchange office that operates only during office hours, this platform allows you to:
- Exchange USDT dollar from your cell phone
- Operate 24/7 without leaving your home
- Send dollar money to Bolivia from Argentina, Brazil, Colombia, Panama and Peru
- Send money to Argentina, Brazil, Colombia, Panama and Peru from Bolivia
- Access better rates and no hidden charges
📲 Download El Dorado and try a fast, digital exchange office and send money to Bolivia in minutes.
