El Dorado

El Dorado is a Latin American app for exchanging local currencies and digital dollars, including P2P deals between users. The official website publishes support and complaint channels as well as registration details of its regional legal entities.

Assets and currencies The crypto asset is USDT, and the fiat currencies listed are BRL, ARS, PEN, USD, BOB and COP. The service is classed as a crypto exchange, and it combines a direct exchange function with a peer-to-peer marketplace.

Legal entities and registrations The legal entity named is The Golden Superapp Latam Inc. The company's site also refers to El Dorado Labs S.R.L., which it says holds CNV PSAV registration No. 63, dated 5 August 2024, and to El Dorado MT LLC in Florida. These are the provider's own claims and have not been verified against the registers.

Who it suits The app is relevant for individuals in Latin America who want to hold dollars in the form of USDT or to move between local money and the digital dollar. Fees, limits and processing times are not given in the material available, so they should be checked in the application before a transaction. Counterparties that need regulatory evidence should ask the company for the registration documents of the specific entity that serves them.