Where Does Peanut Work?

Peanut is available in over 50 countries. Crypto deposits and withdrawals work worldwide with no restrictions. Bank deposits, withdrawals, and local spending depend on your region — the US and Europe have no hard limits, while Latin America has a $2,000/month limit that can be increased. No local ID is required anywhere — a passport or national ID from any country is accepted.

Full Local Spending

These countries have local payment methods for spending at merchants:

Argentina

• Mercado Pago QR — pay at 1M+ merchants instantly
• Cash ATM withdrawals — withdraw pesos at Red ATM network locations in Buenos Aires, Córdoba, Mendoza, Rosario, Bariloche, Salta, and Ushuaia
• Exchange rate: cripto dólar (direct digital-dollar-to-ARS, typically 2–11% better than MEP rate)
• Rate locks at moment of payment — no slippage
• Monthly limit: $2,000 USD (can be increased)
• No DNI required — foreign passport accepted

Brazil

• Pix QR — pay at 150M+ merchants, 24/7/365
• Works at restaurants, supermarkets, gas stations, online stores, Uber, 99, hotels, and street vendors
• Exchange rate: market rate (no IOF tax, saving 0–3.5% vs traditional methods)
• Monthly limit: $2,000 USD for locally verified users (can be increased)
• Foreign users without local verification: $2,000 per transaction
• No CPF required — foreign passport accepted

Bank Deposits & Withdrawals

United States

• ACH — 1–3 business days, free
• Wire — 1–5 business days, free from Peanut (your bank may charge $25–80)
• No hard limit; transactions above $100,000 may trigger additional review
• Provider: Bridge

Europe (41 SEPA Countries)

• SEPA — EUR only, 90% of transfers arrive in under 20 minutes, free
• Covers: Germany, France, Spain, Portugal, Italy, Netherlands, Austria, Belgium, Ireland, Finland, Greece, and 30 more SEPA zone countries
• No hard limit; transactions above $100,000 may trigger additional review
• Provider: Bridge

United Kingdom

• Faster Payments — GBP, settles in seconds 24/7/365 (sort code + account number)
• SEPA — UK banks retain SEPA membership for EUR transfers; same terms as the rest of Europe
• No hard limit; transactions above $100,000 may trigger additional review
• Provider: Bridge

Mexico

• SPEI bank deposits and withdrawals in MXN, settles in seconds 24/7/365 (CLABE-based)
• No hard limit (Bridge provider; transactions above $100,000 USD trigger manual review)
• CoDi QR merchant payments coming soon

Argentina, Brazil & Rest of Latin America

• Bank deposits and withdrawals available
• Combined monthly limit: $2,000 USD across all fiat operations
• Limit can be increased with additional documentation — contact support
• Provider: Manteca
• Countries: Argentina, Brazil, Colombia, Peru, Costa Rica, Chile, and more

Crypto — Worldwide

Crypto deposits and withdrawals work everywhere with no limits and no verification required.

Supported networks: Solana, Arbitrum, Base, Tron, Avalanche, Polygon, Ethereum

Supported stablecoins:

• USDC — primary currency, 1:1 on Arbitrum, market rate on other networks
• USDT — auto-converted to USDC at market rate
• DAI — auto-converted to USDC at market rate

Gas fees are covered by Peanut. No minimum deposit. Minimum withdrawal: $1.

Digital Dollars Only (No Local Spending Yet)

These countries support crypto deposits and withdrawals. Local spending methods are planned:

Verification

• Not required for crypto deposits, crypto withdrawals, or browsing the app
• Required for bank deposits, bank withdrawals, QR payments, and ATM withdrawals
• Photo ID + selfie via Persona — takes under 2 minutes
• Any nationality accepted — no local ID needed (no DNI, CPF, etc.)
• You must be 18+ and an individual (no business accounts)

Restricted Countries

Peanut is not available in: North Korea, Iran, Cuba, Syria, Crimea, Russia, Belarus, and Myanmar.