Top Crypto Trading Platforms in Brazil

The leading cryptocurrency exchanges in Brazil facilitate BRL deposits and withdrawals, offer competitive trading fees, and a multilingual interface and comply with regulatory standards set by the Central Bank of Brazil and the Securities and Exchange Commission (CVM). Below is a detailed comparison of the five best digital asset investment platforms for Brazilian traders.

1. Bybit

Bybit is the most advanced crypto exchange in Brazil, offering spot trading, derivatives and options markets, copy trading, and AI-driven trading tools. The exchange supports over 1,700 cryptocurrencies for spot trading and provides 400+ futures perpetual contracts with leverage of up to 100x.

The platform offers the Bybit Earn program, which allows users to stake cryptocurrencies, earn interest on stablecoins, and utilize structured savings products. Bybit also offers trading bots, including grid trading, futures combo bots, and DCA bots, automating strategies for long-term gains.

It has a global user base of over 65 million, with Brazil as one of its fastest-growing markets. The platform offers BRL deposits via Pix, bank transfers, and cards, plus the interface is accessible in Portuguese and English. Bybit also provides a demo account, allowing users to practice trades.

• Fees: 0.1% for spot trading.
• Supported Assets: More than 1,700 crypto assets.
• Regulation & Licensing: Compliant with Brazilian Securities Commission (CVM) regulations.
• BRL Deposit Methods: Bank transfers, Boleto Bancário, Pix, debit cards, credit cards, Google Pay and Apple Pay.

2. Gate.io

Gate.io has the most diverse cryptocurrency selection in Brazil, offering access to over 3,600 digital assets. The platform supports spot trading, margin trading, and perpetual contracts. With a focus on altcoins and new listings, it provides an ideal environment for accessing emerging projects.

Users can access features like Gate Startup, a launchpad for new crypto projects, plus Web3 services, including decentralized wallets, cross-chain swaps, staking, and NFT trading. Gate Pay, its crypto payment service, enables users to send and receive digital assets instantly.

With over 14 million users worldwide, Gate.io ensures robust security through multi-layer encryption, anti-phishing protection, and cold storage for assets. The platform is available in Portuguese, making it accessible for local traders, and supports BRL deposits via Pix and third-party services.

• Fees: 0.1% for maker orders and 0.2% for taker orders.
• Supported Assets: Over 3,600 digital assets.
• Regulation & Licensing: Not licensed in Brazil but is available to Brazilian users.‍
• BRL Deposit Methods: Pix, bank transfers and debit or credit cards.

3. OKX

OKX is a leading exchange that offers a powerful blend of centralized (CEX) and decentralized (DEX) trading options. In Brazil, the platform provides access to spot trading, futures, perpetual swaps, and options, with deep liquidity and ultra-low latency execution. 

Traders benefit from zero trading fees on crypto conversions and advanced algorithmic trading tools. The exchange is at the forefront of Web3 innovation, integrating a non-custodial OKX Wallet that allows users to manage DeFi assets, interact with DApps, stake assets, and trade NFTs. 

It also features yield-earning products, allowing Brazilian users to borrow, lend, and stake crypto to maximize returns. With over 50 million users worldwide, OKX continues expanding in Brazil, ensuring compliance with local regulatory frameworks while offering secure BRL deposits.

• Fees: Maker fees of 0.08% and taker fees of 0.1%.
• Supported Assets: 350+ digital assets.
• Regulation & Licensing: Operates under OKX SERVIÇOS DIGITAIS LTDA. and is compliant with the CVM.
• BRL Deposit Methods: Bank transfers, PIX, and card payments.

4. Binance

Binance is the largest crypto platform in the world, trusted by over 258 million users globally, including a growing presence in Brazil. The platform supports spot trading, margin trading, and futures contracts, offering access to over 350 cryptocurrencies with deep liquidity and low fees.

For passive income opportunities, Binance Earn provides staking, savings, and lending products. The Binance Launchpad offers early access to new token sales and blockchain projects, while the Binance NFT marketplace enables users to trade, stake, and invest in digital collectibles. 

Institutional investors can also access Binance OTC services, providing private, high-volume trades with minimal market impact. Binance is committed to security and transparency, featuring transparent 1:1 Proof of Reserves, multi-signature cold storage, and 24/7 Portuguese customer support.

• Fees: Spot trading fees are set at 0.1%, with the futures maker/taker fees starting from 0.02%/0.06%.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Binance obtained approval from the Brazilian Central Bank.
• BRL Deposit Methods: Pix and debit or credit cards.

5. Mercado Bitcoin

Mercado Bitcoin, based in São Paulo, is Brazil’s largest local exchange, serving over 4 million users since its launch in 2013. The platform offers spot trading, tokenized investments, and fixed-income products. With over 330 digital assets available, it provides a diverse range of digital currencies.

What sets it apart is its focus on localized financial products, including tokenized real estate, government bonds, and energy credits, offering users ways to invest in blockchain-based assets. The platform also features a Smart Basket, a curated crypto portfolio managed by experts. 

Additionally, Mercado Bitcoin supports passive income strategies, enabling users to earn rewards through staking and lending services. With over R$80 billion traded on the platform, it ensures top-tier security, compliance with Brazil’s financial regulations, and 24/7 customer support. 

• Fees: The maker/taker fees start from 0.3%/0.7%, and the spreads are around 1%.
• Supported Assets: Over 330 assets.
• Regulation & Licensing: Regulated by the CVM (Securities and Exchange Commission of Brazil).
• BRL Deposit Methods: Bank Transfer, Pix, TED, or DOC.

Is Crypto Regulated in Brazil?

Brazil has a comprehensive regulatory framework for cryptocurrencies, overseen by the Central Bank of Brazil (BCB) and the Securities and Exchange Commission (CVM). In 2022, the country enacted the Virtual Assets Act, establishing licensing requirements for virtual asset service providers (VASPs) and mandating adherence to anti-money laundering (AML) measures. 

Building upon this, the BCB has been proactive in addressing the evolving crypto landscape. In November 2024, the BCB introduced the Declaration of Crypto Assets (DeCripto), aiming to align with the OECD's Crypto Asset Reporting Framework (CARF) and enhance transparency in crypto transactions. 

Furthermore, the BCB is developing Drex, a digital version of the Brazilian real, to modernize the financial system and improve transaction efficiency. These initiatives highlight Brazil's commitment to providing a secure and transparent environment for cryptocurrency activities.

How is Crypto Taxed in Brazil?

In Brazil, the taxation of digital assets is governed by specific regulations set forth by the Federal Revenue Service (RFB). Individuals are required to report their cryptocurrency holdings and transactions, with tax obligations determined by the nature and volume of these activities. Here is a quick summary of the capital gains tax rates for crypto:

• 15% for gains up to R$5 million
• 17.5% for gains between R$5 million and R$10 million
• 20% for gains between R$10 million and R$30 million
• 22.5% for gains exceeding R$30 million

Converting digital assets into traditional currency is considered a taxable event. Exchanging one crypto asset for another triggers a taxable event, necessitating the calculation of capital gains or losses. Utilizing digital assets to purchase goods or services is treated as a disposal, and any resulting gains are subject to taxation.

Cryptocurrency Adoption in Brazil

Brazil’s cryptocurrency market is expanding, with revenue expected to reach $2 billion in 2025. The country is projected to see 31.9 million users by the end of the year, which is equal to 14.58% of the population.

The country ranks among the top three crypto markets globally, behind only the United States and India in projected revenue. Leading exchanges, including Binance, Mercado Bitcoin, and Bitso, dominate the Brazilian market, offering deep liquidity and extensive trading options.

How to Buy Bitcoin in Brazil

Purchasing Bitcoin in Brazil is a straightforward process facilitated by a variety of crypto exchanges that support transactions in Brazilian Real (BRL). Here's a guide to help you get started:

1. Choose Reliable Exchange: Select a cryptocurrency exchange that supports BRL transactions and complies with local regulations.
2. Create Account: Sign up on your chosen platform by providing your email address and creating a secure password. Due to Brazil's regulatory requirements, you'll need to complete a Know Your Customer (KYC) verification process.
3. Deposit Funds: Once your account is verified, deposit BRL into your exchange wallet. 
4. Purchase Bitcoin: Navigate to the trading section of the exchange, select the BTC/BRL trading pair, and enter the amount of Bitcoin you wish to purchase.
5. Secure Your Bitcoin: Consider transferring your Bitcoin from the exchange to a personal wallet. Hardware wallets offer a high level of protection against online threats.

By following these steps, you can confidently purchase Bitcoin in Brazil, leveraging the country's growing cryptocurrency infrastructure.

Final Thoughts

Brazil's cryptocurrency landscape is quickly evolving, with a significant surge in stablecoin usage, accounting for approximately 90% of crypto transactions. This trend highlights the importance of selecting a reliable exchange that aligns with your investment goals. 

The platforms highlighted in this guide, including Bybit, Gate.io, OKX, Binance, and Mercado Bitcoin, provide diverse features and services tailored to meet the needs of Brazilian traders.