Best Crypto Exchanges in Brazil 2025

Brazil is one of the most active and innovative crypto markets in Latin America. With the rapid growth of crypto in Brazil, better regulation from the Central Bank of Brazil and Brazil’s Securities and Exchange Commission (CVM), and mainstream adoption of instant-payment rails like Pix, the number of traders using crypto exchanges in Brazil has never been higher. If you are looking for the best crypto exchanges in Brazil 2025 to buy bitcoin or explore a broader cryptocurrency market, this in-depth guide explains how to pick an exchange in Brazil, how to buy, where fees hide, how crypto is taxed in Brazil, and which platforms deliver the best user experience, crypto selection, and customer support.

Below you will find a practical overview of the top exchanges in Brazil, including Mercado Bitcoin, Foxbit, Binance, Coinbase, Bitso, NovaDAX, Bybit, and Crypto.com. We also cover what is legal in Brazil for crypto assets, how bank transfers and Pix work for deposits and withdrawals, and the role of hardware wallets for long-term security. Whether your goal is to buy bitcoin, explore altcoins, try margin trading, or simply send crypto assets to your hardware wallet, this guide should help you make confident decisions in the Brazilian cryptocurrency market.

The top crypto exchanges in Brazil: quick picks for 2025

There are many exchanges in Brazil, but a handful consistently stand out for trading volume, trading platforms, low trading fees, BRL support via Pix and bank transfer, and overall user experience. The best choice depends on whether you prioritize fiat on-ramps, advanced tools, or simple buy and sell flows. Here is an at-a-glance list of the best crypto exchanges in Brazil 2025:

• Mercado Bitcoin: The leading local exchange in Brazil with deep BRL liquidity, strong regulatory alignment, and robust Pix support.
• Binance: Massive global liquidity and low fees, broad crypto selection, advanced trading, and local payment methods including Pix.
• Coinbase: Beginner-friendly app with strong compliance, clear disclosures, and good educational tools; supports purchases in Brazil.
• Foxbit: One of the oldest exchanges in Brazil, known for simplicity, BRL pairs, and responsive customer support.
• Bitso: A Latin American player offering competitive spreads, BRL on-ramps, and clean mobile user experience.
• NovaDAX: Local exchange in Brazil with regular fee promotions, easy Pix deposits, and a wide list of cryptocurrencies.
• Bybit: Advanced derivatives, copy trading, and margin trading for experienced traders seeking deeper tools and liquidity.
• Crypto.com: Global app with an integrated card and strong security; convenient for multi-asset users who value a polished interface.

Each crypto exchange on this list takes a different approach to fees, order types, and asset support. In the sections below, we explain how to compare them and what matters most for Brazilian users.

How to choose the best crypto exchange in Brazil

Choosing the best crypto exchange in Brazil 2025 comes down to more than just market price or a headline trading fee. Consider the following criteria before you decide where to buy bitcoin or other crypto assets:

• Regulatory posture in Brazil: Look for exchanges that comply with the Central Bank of Brazil’s rules for virtual asset service providers and the CVM’s guidance for tokens that might be securities. Platforms that follow KYC/AML laws and reporting obligations generally offer more reliable fiat rails and better long-term stability.
• BRL support and payment methods: Pix is the dominant instant payment method in the Brazilian market. Check whether the crypto exchange supports Pix, regular bank transfers, and credit debit card purchases. Confirm deposit fees and withdrawal fees for each method.
• Trading fees and spreads: The best crypto exchanges combine low maker-taker fees with high liquidity. Always look beyond the headline fee to the actual spread between bid and ask, especially on instant buy flows.
• Crypto selection and markets: A broader list of cryptocurrencies and stablecoins (like USDT and USDC) can be useful for trading and hedging. If you need margin trading, futures, or copy trading, verify availability and regional rules.
• User experience and customer support: Fast onboarding, clear order screens, responsive support, and a dependable mobile app are crucial for new and experienced traders alike.
• Security practices: Prefer exchanges with independent audits, proof of reserves attestations, robust internal controls, and cold storage policies. Features like address whitelisting, 2FA, and withdrawal limits add additional protection.
• Reports and tax tools: Given how crypto is taxed in Brazil, downloadable trade histories and cost-basis exports save time during tax season.

Is crypto legal in Brazil in 2025?

Yes. Crypto in Brazil is legal. The current framework recognizes crypto assets and sets expectations for service providers. A few key points:

• Regulatory framework: Law 14.478/2022 establishes a regulatory perimeter for virtual asset service providers in Brazil. The Central Bank of Brazil plays a central role for payment-related activities, while Brazil’s Securities and Exchange Commission (CVM) oversees tokens deemed to be securities.
• Compliance and reporting: Brazilian crypto exchanges must comply with KYC/AML requirements. Instruction RFB 1.888/2019 sets out reporting obligations for exchanges in Brazil and, in certain cases, for individuals transacting above thresholds even when using foreign platforms or peer-to-peer methods.
• Consumer protections: Regulators focus on preventing fraud, ensuring transparency, and maintaining the integrity of the financial system. Crypto remains a volatile asset class and is not legal tender in Brazil, but buying and selling crypto through regulated channels is legal in Brazil.

How to buy bitcoin in Brazil: step-by-step

If you are new to cryptocurrency trading, here is how to buy bitcoin in Brazil using a local or global crypto exchange:

1. Choose a crypto exchange in Brazil: Select a platform with strong BRL support, low trading fees, and robust security. Consider Mercado Bitcoin, Foxbit, Binance, Coinbase, Bitso, or NovaDAX for quick Pix deposits.
2. Create and verify your account: Complete KYC by submitting a government ID and proof of address. This is standard for exchanges in Brazil and helps unlock higher limits for bank transfers and withdrawals.
3. Deposit BRL: Use Pix for near-instant funding or bank transfers for larger amounts. Check deposit fees and limits for your bank.
4. Place your order: You can buy bitcoin using an instant buy flow or a spot market order. A limit order lets you set your desired market price; a market order fills immediately at the best available price based on current trading volume.
5. Secure your assets: For long-term storage, consider moving your bitcoin to your hardware wallet. For active trading, keep only what you need on the exchange and enable 2FA, withdrawal whitelists, and other security features.
6. Plan for taxes: Track every buy and sell. Use the exchange’s export tools and consider a tax calculator that understands the Brazilian capital gains tax rules.

Most Brazilian traders use Pix because it is fast and typically low cost. Cards can be convenient for smaller purchases, but fees can be higher and foreign exchange charges may apply when the rail is not BRL-native.

Understanding fees: trading fees, spreads, deposit fees, and withdrawal fees

Fees can significantly impact your results, especially if you trade frequently or use instant buy flows. When comparing the best crypto exchanges in Brazil 2025, review the full fee schedule:

• Trading fees: Maker-taker fee tiers can vary by monthly volume. Some platforms offer zero-fee promos for certain pairs. Always compare the effective cost, not just the published tier.
• Spreads and slippage: On low-liquidity pairs, spreads widen, affecting your execution. The top exchanges with deeper order books help you get closer to the true market price.
• Deposit fees: Many exchanges in Brazil do not charge for Pix deposits, but some banks apply small costs on certain rails. Cards often carry higher fees due to processing costs.
• Withdrawal fees: These include BRL withdrawal fees to your bank account and network fees for crypto transfers on-chain. Some platforms dynamically adjust network fees based on congestion.
• Currency conversion: When platforms use USD rails or stablecoins, BRL conversion might apply. Watch the effective rate when moving between BRL and USD-linked assets.

Is crypto taxed in Brazil? What to know for 2025

Yes, crypto is taxed in Brazil. Crypto assets are subject to capital gains tax when you sell, swap, or use them to buy goods or services, depending on thresholds. While tax guidance evolves, these are the general principles as of 2025:

• Capital gains: Individuals may owe capital gains tax on profits when disposing of crypto. There has historically been an exemption threshold for small monthly sales and progressive rates above that threshold. When in doubt, consult current Receita Federal guidance or a Brazilian tax professional.
• Reporting: Individuals typically track trades and report through government tools such as GCAP, importing results into the annual return. Keep detailed records from your crypto trading platforms.
• Mining crypto and staking: Income from mining crypto and staking rewards may be treated differently than capital gains, often as taxable income at receipt, followed by capital gains on subsequent sales. Verify current rules for 2025.
• Foreign exchanges and P2P: Even if you use a foreign exchange in Brazil or peer-to-peer channels, you may still have reporting obligations. Instruction RFB 1.888/2019 outlines when and how transactions must be reported.

This is general information about how crypto is taxed in Brazil and not legal advice. Always confirm the latest rates and rules with Receita Federal or a qualified professional before filing.

The best crypto exchanges in Brazil 2025: detailed reviews

Mercado Bitcoin

Mercado Bitcoin is one of the best-known cryptocurrency exchanges in Brazil. As a leading local crypto exchange, it places a heavy emphasis on compliance with Brazilian rules, integrating Pix for instant funding, and offering BRL trading pairs for major assets such as bitcoin and ethereum. For many Brazilians, it is the default on-ramp to buy and sell crypto assets using a familiar app and clear fee schedules.

Key advantages include:

• Local trust and regulatory alignment with the Central Bank of Brazil’s framework for payments and reporting requirements.
• Strong BRL liquidity and transparent pricing with robust order books on flagship pairs.
• Good customer support for Brazilian users and thorough Portuguese language resources.
• Pix deposits and bank transfers with predictable settlement and clear withdrawal fees to your bank account.

Considerations:

• Crypto selection is solid, but some global exchanges list more long-tail altcoins and derivatives.
• Advanced features like margin trading may be more limited than specialized global platforms.

Mercado Bitcoin is a top pick for users who want a local exchange in Brazil with strong BRL rails, a clean trading platform, and consistent service for buy and sell orders at the market price.

Binance

Binance is widely used in Brazil for its large trading volume, deep liquidity, and low trading fees. It supports BRL via Pix and bank transfers through local partners, offers an extensive list of cryptocurrencies, and provides advanced trading platforms for spot, margin trading, and derivatives. Many experienced traders use Binance for access to futures and options, as well as a wide range of yield products and copy trading features.

Key advantages:

• Global liquidity and tight spreads across hundreds of pairs.
• Low fees at high volumes, with regular promotions on trading fees.
• Advanced order types, charting, and risk tools for professional traders.
• Support for Pix deposits and BRL withdrawals, easing the path from fiat to crypto in Brazil.

Considerations:

• Regulatory frameworks evolve. Review the latest local requirements and platform disclosures for Brazil before using margin or derivatives.
• The breadth of features can be overwhelming for beginners; use the simple buy flow if you are new.

For many Brazilians, Binance remains one of the top crypto trading platforms thanks to its liquidity, crypto selection, and the ability to move funds via local payment methods.

Coinbase

Coinbase is a well-known global exchange with a reputation for security, transparent disclosures, and an interface that is easy for beginners. In Brazil, Coinbase supports purchases and local payment options, and its educational content helps new traders understand what is happening in the cryptocurrency market. Coinbase also offers institutional-grade custody, making it appealing for users who want strong security practices.

Key advantages:

• Beginner-friendly design, clear pricing, and excellent educational resources.
• Strong security posture, including insurance policies for certain custodial risks and industry-leading operational controls.
• Solid selection of cryptocurrencies with attention to compliance, which helps reduce listing risk.

Considerations:

• Trading fees on the retail interface can be higher than some competitors. Using the advanced trade interface may lower costs.
• Crypto selection is curated and may be narrower than niche exchanges.

Coinbase is a strong choice for Brazilian users who value a clean user experience, detailed receipts for taxes, and a cautious approach to listings that aligns with securities and exchange commission standards globally and CVM expectations locally.

Foxbit

Foxbit is one of the oldest cryptocurrency exchanges in Brazil, known for a straightforward interface, local customer support, and consistent BRL on-ramps. It is designed for Brazilians who want an exchange in Brazil with reliable Pix integration, simple fee schedules, and enough crypto selection to cover the most traded assets.

Key advantages:

• Local brand recognition and a track record in the Brazilian market.
• Easy bank transfers and Pix deposits to your account with clear timelines.
• Responsive customer support tailored to the Brazilian time zone and language.

Considerations:

• Advanced trading tools and margin products are limited compared with global giants.
• Fees and spreads can vary by pair; compare on high-volume assets for best execution.

Bitso

Bitso serves several Latin American countries, including Brazil, and emphasizes competitive spreads, quick on-ramps, and a smooth mobile app. For Brazilians, Bitso’s BRL support and stablecoin markets can be appealing for remittances and hedging during volatility.

Key advantages:

• Efficient BRL on-ramps with competitive pricing on top pairs.
• Good mobile app and reliable order execution for frequent trades.
• Strong stablecoin support, making it easier to move between crypto and BRL.

Considerations:

• Selection of cryptocurrencies is broad but may not match the longest tail of altcoins elsewhere.
• Derivatives and margin trading options are more limited than specialized platforms.

NovaDAX

NovaDAX is a popular local exchange in Brazil and frequently runs fee promotions, including zero-fee pairs at times. Brazilians often choose NovaDAX for easy Pix deposits, buy and sell simplicity, and a growing list of cryptocurrencies. For users who want a balance between a Brazilian platform and decent coin coverage, it is a practical option.

Key advantages:

• Strong BRL rails including Pix with clear limits and timelines.
• Periodic fee promotions that reduce trading costs for active users.
• Good selection of popular assets with a familiar interface for Brazilian traders.

Considerations:

• Liquidity on smaller pairs can be thinner; use limit orders for best price control.
• Fewer advanced features compared to global trading platforms.

Bybit

Bybit is best known for derivatives, margin trading, and copy trading. It targets experienced traders who want access to perpetual futures, leverage, and a broad suite of analytics tools. Brazilian users who prefer sophisticated order types and robust liquidity on futures often consider Bybit as a specialized venue.

Key advantages:

• Deep derivatives liquidity and competitive maker-taker fees at higher volumes.
• Copy trading for those who want to mirror experienced traders with risk controls.
• Advanced charting and risk management features on desktop and mobile.

Considerations:

• Derivatives carry significant risk and may be subject to regional limitations or specific KYC tiers in Brazil.
• Fiat on-ramps may rely on partners; confirm Pix and BRL withdrawal options before funding.

Crypto.com

Crypto.com offers a polished app, card integrations, and a wide array of services from spot trading to staking-style features. In Brazil, many users value the app’s design, security practices, and the ability to monitor a large portfolio in one place.

Key advantages:

• Comprehensive app spanning spot, earn-style features, and a card program in supported regions.
• Wide list of cryptocurrencies, strong mobile experience, and good customer support.
• Well-documented security and compliance approach with regular audits.

Considerations:

• Fees can be higher on instant buy flows; advanced trading may reduce costs.
• BRL rails depend on local arrangements; verify bank transfer options and deposit fees for Brazil.

Security and custody: using hardware wallets in Brazil

Even the best crypto exchanges are custodians of your crypto assets, which introduces counterparty risk. For long-term holdings, many Brazilians prefer to withdraw to a hardware wallet. A hardware wallet keeps private keys offline and reduces the attack surface compared with an exchange hot wallet. Options include well-known brands like Ledger and Trezor. Remember these best practices:

• Buy devices directly from the manufacturer or an authorized reseller.
• Write down your seed phrase securely and store it in multiple safe locations.
• Enable 2FA on your exchange account and whitelist withdrawal addresses so crypto only goes to your hardware wallet or trusted destinations.
• Test small withdrawals before moving larger amounts to your self-custody.

If you plan to be an active trader, keep trading balances on the exchange and transfer long-term holdings to your cold storage. This approach lets you capture opportunities while minimizing exposure.

Payment methods in Brazil: Pix, bank transfers, and cards

Payment methods shape fees, speed, and convenience. For cryptocurrency exchanges in Brazil, the following rails are most common:

• Pix: The dominant instant payment network in Brazil. Pix enables near-instant deposits and fast withdrawals with low fees for many exchanges. Verify daily limits, as these can vary by bank and by exchange.
• Bank transfers: Traditional bank transfers can support larger deposits and withdrawals. They might take longer to settle than Pix and may have higher fees at your bank.
• Credit debit card: Card purchases are convenient but often carry higher fees and, in some cases, FX costs if settlement occurs outside BRL. Cards are fine for trying out a platform, but heavy buyers usually switch to Pix or bank transfers.

Always check the exchange’s pages for deposit fees and withdrawal fees tied to each method, including any minimums to your bank account. Small differences can add up over time for frequent traders.

Bitcoin ATMs in Brazil: do they matter in 2025?

While bitcoin ATMs exist, they are far less common than exchange apps with Pix. Fees at ATMs are usually higher, and liquidity is limited. For most Brazilians, exchanges in Brazil with Pix support are the fastest and most cost-effective way to buy bitcoin or other crypto assets. Bitcoin ATMs can be useful for occasional purchases or for cash-centric users, but they are not the primary on-ramp in the Brazilian market.

Advanced features: margin trading, derivatives, and copy trading

Some crypto exchanges in Brazil or accessible to Brazilians offer advanced tools. Before using them, understand the risks:

• Margin trading: Borrowing funds to increase your position magnifies both gains and losses. Liquidations can happen quickly in volatile markets.
• Derivatives: Perpetual futures and options provide exposure without holding the underlying asset. They require careful risk management and may have regional restrictions in Brazil.
• Copy trading: Following other traders can be educational, but past performance is not a guarantee. Limit allocation and monitor your positions.

If you choose to use these features, start small, set stop losses, and review the platform’s risk disclosures. Remember that market price can gap, and trading volume can shift, especially around major news or when liquidity thins.

Alternatives to centralized exchanges: DEXs and P2P

Beyond centralized cryptocurrency exchanges, Brazilians can also use decentralized exchanges (DEXs) or peer-to-peer platforms:

• DEXs: On-chain trading with wallets like MetaMask lets you swap tokens without a custodian. However, you still need an on-ramp to get BRL into crypto, and network fees can be high at peak times.
• P2P marketplaces: Some platforms offer P2P buy and sell options where users agree on price and payment methods. Ensure you follow platform escrow rules and avoid off-platform communication to reduce fraud risk.

For newcomers, centralized exchanges in Brazil provide the simplest path to buy bitcoin with Pix and bank transfers. After gaining experience, you can explore DEXs for specific DeFi use cases.

Common mistakes to avoid

• Sending assets on the wrong network: Always check the blockchain network for deposits and withdrawals to your hardware wallet. For example, do not send BTC to an Ethereum address.
• Ignoring fees: Compare total costs, including spreads, trading fees, deposit fees, withdrawal fees, and currency conversion.
• Overusing leverage: Margin trading can wipe out accounts quickly in volatile markets. Risk size appropriately.
• Neglecting taxes: Keep accurate records so you can report capital gains tax correctly. Ask a professional if you are unsure how crypto is taxed in Brazil.
• Skipping security: Use 2FA, address whitelists, and strong passwords. Move long-term holdings to a hardware wallet.

Brazil-focused exchange comparisons: what to look for in 2025

When you compare the best crypto exchanges in Brazil 2025, focus on real usage factors. The top platforms for Brazilians will share these traits:

• Reliable BRL on- and off-ramps via Pix and bank transfers.
• Clear disclosures and compliance with the Central Bank of Brazil and CVM expectations.
• Transparent, competitive trading fees and tight spreads on major pairs.
• Strong uptime, fast order execution, and responsive customer support.
• Robust security practices including cold storage, audits, and proof of reserves.
• Comprehensive crypto selection, including major coins, stablecoins, and key DeFi tokens.

If you prioritize a local exchange in Brazil with direct ties to Brazilian banks and institutions, consider Mercado Bitcoin, Foxbit, Bitso, and NovaDAX. If you want global liquidity, margin trading, or derivatives, Binance and Bybit are often favored. For a beginner-friendly experience with strong compliance and high-quality education, Coinbase is a good fit. For an all-in-one app with card integrations, Crypto.com is worth exploring.

What is the right exchange for your strategy?

There is no single best choice for every trader. Instead, align your platform with your goals:

• To buy bitcoin simply with Pix: Choose a local platform like Mercado Bitcoin, Foxbit, Bitso, or NovaDAX for a predictable on-ramp and quick BRL withdrawals to your bank account.
• To access the widest list of cryptocurrencies and liquidity: Consider Binance for spot markets and many altcoins, while keeping security best practices in mind.
• To learn and invest gradually: Coinbase offers an educational, compliant-first approach and user-friendly tools that reduce confusion for beginners.
• To try margin trading or copy trading: Use a derivatives-focused platform like Bybit, and apply strict risk controls.
• To hold long term: Buy on a reputable exchange and transfer to your hardware wallets for long-term self-custody.

FAQ: Best Crypto Exchanges in Brazil 2025

Which crypto exchange is best in Brazil?

For most Brazilian users, there are three strong starting points. Mercado Bitcoin is a top local choice thanks to BRL liquidity, Pix support, and established operations in Brazil. Binance is favored for global liquidity, low trading fees, and advanced tools. Coinbase is preferred for beginners who want a clean interface and strong compliance. Depending on your needs, Foxbit, Bitso, and NovaDAX are also excellent exchanges in Brazil with reliable Pix on-ramps and responsive customer support.

What crypto is going to do the best in 2025?

No one can guarantee which crypto assets will perform the best in 2025. Historically, bitcoin and ethereum have led the market by trading volume and adoption, while select large-cap altcoins and stablecoins play key roles in liquidity. Performance depends on macroeconomic conditions, regulatory developments from institutions like the Central Bank of Brazil and CVM, and real-world usage. Diversify, research fundamentals, and consider your risk tolerance before investing.

Is Binance allowed in Brazil?

Yes, Binance is accessible in Brazil, and many Brazilians use it for spot and derivatives trading. It supports local payment methods like Pix through partners. However, rules can evolve, especially around margin trading and derivatives. Always confirm current availability, KYC requirements, and any regional limitations before funding your account.

Can Brazil use Coinbase?

Yes. Coinbase is available to Brazilian users and supports local purchases. Brazilians often choose Coinbase for its intuitive interface, security practices, and clear disclosures. Confirm supported payment methods, including Pix or bank transfer options, and review trading fees on both the retail and advanced interfaces to optimize costs.