Top 5 Crypto Trading Platforms in Brazil

Refer to the below list for a detailed summary of the five Best Crypto Exchanges in Brazil. The following platforms have been ranked based on a variety of components such as fees, supported assets, proof of reserves, customer support options, and Brazilian Real deposit methods.

‍1. OKX - Best Crypto Exchange in Brazil

OKX is the best crypto exchange for Brazilian residents as it is the only exchange operating in Brazil that provides audited proof-of-reserves. It offers multiple order types including spot, derivatives, options, and margin trading. OKX also has a variety of other features such as crypto staking on hundreds of tokens, an NFT marketplace, borrowing and lending services, a crypto card, and much more.

  • Fees: Deposits and withdrawals are free. Spot trading fee is 0.1%, and the futures maker/taker rebate is 0.02%/0.05%.
  • Supported Assets: 340+ cryptocurrencies.
  • Proof Of Reserves: Provides audited proof of reserves.
  • Customer Support Options: Live Chat, Email, Online Ticketing System and Social Media.
  • BRL Deposit Methods: Bank Transfer, Credit/Debit Card, Pix, Apple Pay, PicPay, Mercado Pago, PayPal & Advcash.
OKX.

If you're interested in learning more about this platform and its features, visit our OKX Review.


2. Bybit - Best Non-KYC Crypto Exchange

Bybit is considered to be the best non-KYC crypto exchange in the world. The main reason for this platform's popularity in Brazil is that it does not require you to verify your identity in order to deposit, make trades or withdraw funds. Additionally, it offers multiple features including derivatives trading with up to 100x leverage, an NFT marketplace, lending and borrowing services plus more.

  • Fees: Deposits and withdrawals are free. Spot trading fee is 0.1%, and the futures maker/taker rebate is 0.01%/0.06%.
  • Supported Assets: 400+ cryptocurrencies.
  • Proof Of Reserves: Provides proof of reserves.
  • Customer Support Options: Live Chat, Email, Online Ticketing System and Social Media.
  • BRL Deposit Methods: Bank Transfer, Credit/Debit Card, Pix, Mercadopago, PicPay, Google Pay & Maestro.
Bybit.

If you're interested in learning more about this platform and its features, visit our Bybit Review.


3. Mercado Bitcoin - Best Brazilian Crypto Exchange

Mercado Bitcoin is the best local crypto exchange in Brazil and is based in São Paulo. It has over 3.5 million registered Brazilian users. This platform offers access to over 200 cryptocurrencies, thousands of NFTs, and even Football Fan Tokens through Socios.com. Mercado Bitcoin also offers cryptocurrency staking services, however, they have low yields (returns).

  • Fees: Deposits and withdrawals are free. The maker/taker rebate is 0.3%/0.7%.
  • Supported Assets: 200+ cryptocurrencies.
  • Proof Of Reserves: Does not provide proof of reserves.
  • Customer Support Options: Email and Social Media.
  • BRL Deposit Methods: Bank Transfer.
Mercado Bitcoin.


4. Binance - Best Global Crypto Exchange

Binance is the largest crypto exchange in the world with over 120 million users in 100 countries, including Brazil. It is one of the most feature-rich platforms in the world, second only to Bybit. On Binance, users can trade, stake, earn, lend, borrow and spend thousands of tokens. It offers derivatives and spot trading, crypto loans and staking, a crypto card, and an NFT marketplace.

  • Fees: Variable deposit fees (based on method) and withdrawals are free. Spot trading fee is 0.1%, and the futures maker/taker rebate is 0.02%/0.07%.
  • Supported Assets: 350+ cryptocurrencies.
  • Proof Of Reserves: Does not provide proof of reserves.
  • Customer Support Options: Live Chat, Email, Online Ticketing System and Social Media.
  • BRL Deposit Methods: Bank Transfer, PIX Transfer, Debit Card, Credit Card and more.
Binance.

If you're interested in learning more about this platform and its features, visit our Binance Review.


5. Bitpreco - Best Alternative Crypto Exchange

Bitpreco is the best alternative local crypto exchange in Brazil. This platform offers access to over 20 different tokens, which is relatively low compared to the other platforms on this list. One thing that does set Bitpreco apart is its customer service team which can be contacted via phone. It is the only exchange that offers direct Portuguese-speaking phone support.

  • Fees: Variable deposit and withdrawal fees based on the method. Spot trading fee is 0.2%.
  • Supported Assets: 20+ cryptocurrencies.
  • Proof Of Reserves: Does not provide proof of reserves.
  • Customer Support Options: Live Chat, Email and Phone.
  • BRL Deposit Methods: Bank Transfer and Credit/Debit Card.
Bitpreco.

Is it legal to buy Bitcoin in Brazil?

Yes, it is legal to buy and sell cryptocurrencies in Brazil. The Central Bank of Brazil has issued guidance that makes using digital assets legally permissible. In particular, the Central Bank of Brazil has stated that it will not regulate crypto-assets or tokenised financial securities. Additionally, cryptocurrency exchanges are required to comply with local laws and regulations related to anti-money laundering (AML).

All five platforms listed in this article meet this requirement. Buying crypto in Brazil is a great way for investors to diversify their portfolios by investing in an asset class that offers quick liquidity and solid returns over the long term.

The Bottom Line

Choosing the right cryptocurrency exchange to use in Brazil depends on your individual trading needs. By comparing the features and fees of each platform, you can find the one that best suits your requirements. OKX is currently considered the best crypto exchange in Brazil due to its competitively low fees, wide range of supported assets, and feature-rich platform.

However, it may be worth considering additional platforms such as Bybit and Binance if you are looking for a specific feature or service. Ultimately, do plenty of research before selecting an exchange and always ensure that it meets your security criteria.