Best Crypto Exchange in Brazil

Bybit is one of the biggest exchanges available on the market and is accessible in many countries across the globe. But what makes it one of the best crypto exchanges in Brazil? Well, let me tell you.

One standout feature that immediately draws attention is Bybit's support for Brazilian payment methods, including PiX, MercadoPago, Itaú Brazil, and more; along with the acceptance of Brazilian Real. This dual compatibility opens the doors for seamless transactions, enabling users to both purchase cryptocurrencies and deposit funds with ease.

Now, talking about the variety of digital assets and services, it offers a robust platform that caters to a diverse range of needs. As of writing, it hosts a lineup of more than 1,000 cryptocurrencies, along with over 65 fiat currencies.

Service-wise, it encompasses spot and derivatives markets, including inverse contracts and P2P trading, providing traders with a versatile toolkit to engage with the crypto market. But that's not all! Bybit goes beyond traditional offerings, providing services like liquidity mining, copy trading, a dedicated NFT marketplace, and many more.

Besides, Bybit can also be considered a secure crypto exchange, which is shown by its strong security measures and the necessity for users to pass KYC. This commitment aligns with global standards while providing a secure environment for users to engage in their trading activities.

When it comes to fees, Bybit doesn’t disappoint either. It follows a tiered system based on trading volume and market maker / taker structure. Spot trading starts with initial fees of 0.015% for makers and 0.04% for takers.

On the derivatives side, the initial fees are 0.01% for makers and 0.032% for takers. As you climb up the tier ladder, the fees tend to decrease, making Bybit an attractive option for those with different trading volumes.

With its combination of payment options, a wide range of features, and competitive fees, Bybit is a great choice for traders who are looking where to buy Bitcoin in Brazil and many other cryptocurrencies (after all, it supports over 1,000).

When it comes to choosing the best crypto exchange in Brazil, Binance Brazil easily claims its spot among the top contenders. Do note that it's a Brazilian-tailored version of the global Binance exchange.

Beyond its reputation and a wide selection of cryptocurrencies (500+), fiat currencies (85+), and trading pairs (1500+ markets), Binance Brazil also boasts a range of captivating features designed specifically for the Brazilian audience.

For one, the BRL support is great: you can easily buy crypto using Brazil’s national currency with a credit / debit card. The platform even allows payment via PiX, one of the most popular and convenient payment methods in this country.

So, if you're wondering where to buy Bitcoin in Brazil quickly and easily, Binance Brazil is one of the top choices. Overall, Binance's commitment to the Brazilian market is surely one of the things that makes it fit for the title of the best crypto exchange in Brazil.

Now, let's talk trading. Binance Brazil offers a variety of trading options, including spot, margin, and P2P trading. It even has handy features like trading bots. However, there's no futures trading on Binance Brazil due to legal restrictions.

By the way, in case you didn’t know, futures trades involve contracts for transactions at a later date - you basically trade by speculating on price changes. On the other hand, spot trading enables immediate buying and selling of assets at the present price, leading to actual ownership transfer^[1].

Of course, apart from all the usual trading options, you also get a variety of earning, learning, and other features. Binance Brazil even has its own NFT and fan token marketplaces.

However, setting that aside, even though Binance Brazil has many features, it manages to stay user-friendly. Its interface is designed with simplicity in mind, ensuring that anyone can easily find their way around. The best part for Brazilians is that the platform is in Brazilian Portuguese!

When it comes to fees, Binance Brazil offers some of the best deals on the market. It charges a 0.1% spot trading fee for both market makers and takers. However, you can lower these fees by using Binance Coin (BNB) to cover them or by increasing your VIP level. To do the latter, you have to increase your 30-day trading volume or BNB balance.

Lastly, note that Binance Brazil takes security very seriously with robust measures like encryption, two-factor authentication, and cold storage, shielding your digital treasures from potential threats. It even has an emergency fund called the Secure Asset Fund for Users (SAFU). Also, the platform employs all the necessary AML and KYC procedures.

Therefore, if you're in Brazil and on the hunt for a crypto exchange that's adaptable, user-friendly, and fortified against threats, Binance Brazil could very well be one of your prime choices!

In the realm of cryptocurrencies, where digital riches gleam like concealed treasures, KuCoin stands out as one the best crypto exchanges in Brazil, a true gem amidst the landscape of crypto exchanges.

Why? Well, because not only does it support the depositing of BRL, but it also has BRL trading pairs! In the platform’s spot market, you have access to the pairs BTC/BRL, ETH/BRL, and USDT/BRL.

If you don't want to stop at BRL pairs, though, KuCoin is the ideal choice for you, as it offers more than 1,000 diverse combos to explore. Overall, KuCoin supports over 700 cryptocurrencies, making it a paradise for those who love both niche and popular tokens.

When it comes to payment options, KuCoin allows PiX, as well as credit / debit cards. In fact, KuCoin was the pioneer in supporting BRL transfers via PiX after the New Central Bank Policy, showing that it's keeping a close eye on the Brazilian market.

So, when searching for where to buy Bitcoin in Brazil, I'm sure KuCoin will be one of the top choices.

Furthermore, KuCoin doesn’t disappoint when it comes to fees either. The standard for both market makers and takers for spot trading is 0.1%. If you hold the platform’s native token called KuCoin Shares (KCS), you get discounts on trading fees.

Now, talking about the services provided, KuCoin offers spot and margin trading, a derivatives market, and peer-to-peer (P2P) fiat transfers. Besides, the platform provides additional services such as an NFT launchpad and a fractional NFT marketplace, staking and lending options, and much more.

With so many features, KuCoin is definitely a great choice for experienced traders. However, note that futures trading on KuCoin isn't an option for Brazilians.

Besides, KuCoin boasts strong security measures, follows a strict KYC protocol, and maintains an internal risk management team.

So, with its diverse cryptocurrency offerings and unwavering commitment to security, KuCoin certainly deserves a place as one of the top contenders on this list of the best crypto exchanges in Brazil.

Kraken is one of the most popular exchanges on the market and it has some interesting features that might appeal to most Brazilians, too. That’s why it's eligible to compete for the title of the best crypto exchange in Brazil.

Now, what makes it worth the shot? Well, Kraken’s most outstanding feature is its security. The main proof of that is the fact it has never been hacked as of March 2024.

So, when it comes to keeping your money safe, protecting your privacy, and stepping into the exciting world of NFTs, Kraken takes the lead. It takes precautions by storing most of its assets offline, reducing risks from possible threats. Additionally, it enhances user account security with two-factor authentication. 

Kraken even goes beyond the basics by providing customizable API key permissions, which empower users to set specific access limits. It also uses PGP-signed and encrypted emails for secure communication, boosting users' confidence in the privacy of their conversations. And that’s actually just a few of its safety measures!

Diving into its offerings, Kraken boasts an array of 200+ cryptocurrencies and 7 fiat currencies. However, when it comes to BRL, the Brazilian currency is not among the supported fiat assets. Just don't be too quick to overlook Kraken. Depending on your preferences, its features definitely compensate for this drawback!

Now, when it comes to fees, Kraken also has some of the quite competitive rates. Trading fees range from 0.26% to 0% and are contingent on whether you're buying or selling. These fees also factor in the 30-day trading volume and the specific currency pair in play. Providing the opportunity to trade for free is certainly one of the reasons why this platform in one of the crypto exchanges Brazilians have their eyes on.

Feature-wise, Kraken offers spot trading, margin trading, an NFT marketplace, several earning features, and futures trading. However, futures trading is not available for Brazilians.

Overall, in the landscape of crypto exchanges, Kraken stands out as a fortress of security. For these and other reasons, it can definitely be considered one of the best crypto exchanges in Brazil.

When it comes to the best exchanges in Brazil, HTX (previously Huobi) also emerges as a significant player for a couple of reasons.

For starters, a great trait of HTX is its fee structure. Whether you're a taker or a maker, your trading fees are unlikely to exceed the 0.2% mark and can go even lower.

Moreover, HTX provides multiple trading services, the main one being the spot market. It also offers a wide variety of earning features and even loaning services.

Another thing that makes HTX stand out in the Brazilian market is the fact that the platform has catered to Brazil’s needs by supporting the purchase of crypto with BRL using Visa / Mastercard or PiX.

Safety is also paramount, and HTX has implemented a series of protective measures. To begin with, the HTX User Protection Fund acts as a safety net, compensating users in the unfortunate event of compromised crypto assets.

By the way, up to 98% of users' crypto assets are kept in cold wallet devices. This practice exemplifies one of the highest security standards that an exchange can uphold, providing traders with peace of mind.

Additionally, live customer support is also a standout feature that garners praise in many HTX reviews. The availability of round-the-clock assistance adds a layer of convenience and support for users.

So, in short, due to its competitive fees and strong emphasis on security, HTX has established itself as a contender in the quest for the best crypto exchange in Brazil.

For those seeking the best crypto exchanges in Brazil, the spotlight now turns to Bitfinex - a dynamic platform that has captivated the crypto landscape.

It's worth noting that Bitfinex tends to attract crypto trading professionals with its advanced order types (market, limit, stop-limit, stop, fill or kill, scaled, and others), customization features, and informative charts that cater to this demographic. However, this is not the only reason why Bitfinex is among the best Bitcoin exchanges in Brazil.

Both spot and derivatives markets are readily available, further supported by features like margin, securities, over-the-counter (OTC) trading, lending, and staking. Also, the diversity extends to the array of over 180 supported coins, 5 fiat currencies, and 400+ trading pairs, providing a versatile platform for users.

While it doesn't support BRL directly, it has integrated SWAPiX, which is a fiat on- and off-ramp that allows quick conversion of BRL into USDt using PiX.

Now, regarding the fee structure, the platform follows a tiered system, and different fees apply based on the type of trade – crypto-crypto, crypto-stablecoin, or crypto-fiat.

For trades under $500,000 in a 30-day period, fees are set at 0.1% for makers and 0.2% for takers. Notably, when the trading volume exceeds $7.5 million, makers are exempt from fees.

Also, it actually gets better for those who hold Bitfinex’s native token, UNUS SED LEO (USDt LEO), as it unlocks various perks, including fee discounts on crypto trading and lending activities.

Now, despite all these good aspects, it's important to acknowledge Bitfinex's journey, one marked by challenges and controversy due to security issues. However, while it wasn't always seen as an impeccable trading platform, the exchange has transformed and enhanced its safety measures over time.

For example, Bitfinex monitors your IP address upon login and safeguards 99.5% of users' crypto assets in secure cold storage devices. Besides, the platform also follows AML and KYC requirements.

In summary, Bitfinex emerges as a versatile choice for Brazilian crypto enthusiasts, especially more experienced ones.

The crypto exchange you’ll find in most “Best crypto exchange in Brazil” lists is Mercado Bitcoin, a Brazilian crypto exchange that was founded in 2013 and has since become a powerhouse in the industry.

Naturally, it goes without saying that this platform supports BRL. In fact, the most popular trading pair on Mercado Bitcoin is BTC/BRL. Besides that, it supports over 200 cryptocurrencies. It doesn’t reach the astronomical numbers of international exchanges, but it's still a pretty good offering, especially if you're looking for where to buy Bitcoin in Brazil.

One of the standout features of Mercado Bitcoin is its openness to both fiat and cryptocurrency deposits. The exchange accommodates users' preferences by charging a reasonable fee of 1.99% + R$ 2.00 for fiat deposits. On the other hand, cryptocurrency deposits do not incur any charges, bolstering the convenience factor for traders.

Trading fee-wise, compared to other exchanges, Mercado Bitcoin fees are not very competitive: it levies a 0.7% fee for takers' trades, while makers' trades incur a 0.3% charge. 

Talking about features, it offers trading, learning, and earning tools. For convenience purposes, it even provides separate interfaces for beginners and experienced traders. 

Besides, a recent significant development underscores Mercado Bitcoin's legitimacy and potential for growth. In June 2023, Brazil's central bank granted the exchange a payment provider license, a move that was eagerly anticipated by local media outlets.

Now, overall, every experience provided by Mercado Bitcoin is made for Brazilians. The registration process, for instance, demands the provision of a CPF or CNPJ number, an exemplary KYC measure that ensures bad actors are kept at bay.

Although it may not be as large or influential as exchanges like Binance or KuCoin on the international stage, Mercado Bitcoin manages to leave its mark on the Brazilian market. This makes it worthwhile to monitor its activities and developments closely.