Ugly Members in Mexico can now instantly buy and sell USD¹ balances using their local bank accounts in pesos.
This is great news for anyone sending dollars from the U.S. to Mexico — and for those receiving them.
🇺🇸 For Ugly Members in the United States:
✅ The dollars you send instantly and without fees to Mexico can now be easily accessed by your recipients in local currency.
🇲🇽 For Ugly Members in Mexico:
In addition to receiving USD¹ balances from the U.S. and Latin America instantly and with no fees, you can now:
✅ Sell USD¹ balance for Mexican pesos and have the funds deposited into your local bank account.
✅ Buy USD¹ balance using Mexican pesos from your bank account and send it instantly and fee-free to 13 Latin American countries.
How Does It Work?
You just need to register the “CLABE” (the standard 18-digit banking code for Mexican accounts) of your Mexican peso bank account on UGLYCASH, and you’ll be able to perform all transactions easily.
What Do You Need To Do?
👉 Register the “CLABE” for your Mexican bank account in the app and wait for confirmation (only personal accounts are allowed).
👉 When making a transaction, choose the option “from your bank” or “to your bank” depending on the type of operation you want to do.
👉 That’s it! You’ve successfully bought or sold balance using Mexican pesos.
Important: You can only link one (1) bank account this way, and once linked, it cannot be changed.
¹ The acronym "USD" and the "$" symbol are used throughout this app as a reference to represent the value of a virtual asset called eUSD. It is not an actual U.S. Dollar balance, even if not explicitly stated. What you hold and use in this app is eUSD — a cryptocurrency that tracks the value of the U.S. Dollar but is not actual dollars.
Selling Balance with Mexican Pesos
Here’s how to sell your eUSD for Mexican pesos (only using your own accounts). Follow these easy steps:
In the UGLYCASH app, tap the "Sell" button.
Choose the option "To your bank."
Enter the amount of eUSD you want to sell; the app will calculate the amount you’ll receive based on the current rate. Then tap "Continue."
Select the account where you want the sale to be credited. If you haven't registered one yet, you can add it by confirming your name and bank CLABE number.
The app will display the operation details; after tapping "Confirm," enter your CLABE number.
After this, just wait a few moments for the bank to complete your transaction.
That’s it! You’ve successfully sold your crypto assets — fast, simple, and convenient.
Buying Balance with Mexican Pesos
Learn the easiest way to buy eUSD with Mexican pesos, quickly and easily from your mobile phone — only from your own accounts.
To buy eUSD with Mexican pesos, follow these steps:
In the UGLYCASH app, tap the "Buy" button.
Choose the option "From your bank."
Select "Transfer."
Enter the amount of eUSD you want to buy; the app will calculate the amount you need to transfer in pesos based on the current rate.
If you haven’t registered your CURP (Unique Population Registry Code), the app will ask you to do so to verify your account.
Once your account is verified, we’ll provide you with a CLABE number. You’ll need to transfer your funds to this number, and then we'll credit your eUSD balance in the app.
After we confirm the receipt of funds, your eUSD will be reflected in your UGLYCASH account.
It’s important that your name is correctly registered in UGLYCASH for the transaction to be successful.
If you have any questions about the process, feel free to reach out to our support team through the support chat in the main menu.
Limits
Here are the current transaction limits for buying and selling assets with Mexican pesos:
Total monthly limit (including deposits and withdrawals): 4,000 eUSD¹
¹ Reminder: The acronym "USD" and the "$" symbol represent the value of a virtual asset called eUSD, not actual U.S. Dollars. You hold and use eUSD in this app, a cryptocurrency pegged to the dollar’s value but not the dollar itself.