Getting bitcoins in Brazil is not an easy task as not all popular crypto exchanges are available to Brazilian citizens. This is a current list of bitcoin exchanges that allow users from Brazil to buy crypto. They all support buying crypto with credit/debit cards, but some of them offer other payment methods as well.
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP + more
eToro is a versatile trading platform that provides users with access to a range of financial instruments, including stocks, ETFs, cryptocurrencies, and CFDs. The platform charges a transparent 1% fee for cryptocurrency transactions, with no fees for ETFs and stocks, although ETFs may have their own internal costs. Forex and CFD fees are competitive, and eToro offers free stock and ETF trading.
The exchange is regulated in 4 countries – CySec (Cyprus), FCA (UK), ASIC (Australia), and FSAS (Seychelles). The headquarters of the company is in Tel Aviv-Yafo, Israel. eToro has over 17 million users in approximately 100 countries. The main features of eToro are Retail Leverage, Pro Leverage, Customisable Leverage, Deleveraged Trading, Copy-Trading, Spot Trading, and Demo account. eToro supports more than 45 currency pairs.
The platform is available in numerous countries, with a list of blocked countries that includes Afghanistan, Belarus, and China. eToro supports trading in over 30 cryptocurrencies in the US and nearly 80 internationally, with popular options like Bitcoin, Ethereum, and Dogecoin. A 0.1% fee is charged for crypto-to-crypto conversions. eToro’s user-friendly mobile app and social trading feature, which allows users to replicate the trades of successful traders, are notable highlights.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: $5 ⚡️ Trading fees: 0.75 % – 4.9 % spread depending on the cryptocurrency ⚡️ Payment Methods: 15+ (MasterCard, Visa, EWallets, etc.) ⚡️ Supported fiat: USD, EUR, GBP, and 20+ more
Competitive trading fees Various exciting features such as demo account User-friendly interfaces It has been active on the crypto market for a very long time
$5 withdrawal fee Lack of stocks and other investment options
👛 Ease of Use – Medium 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, AUD, RUB
Binance was launched back in July of 2017 and very quickly became the world’s largest cryptocurrency exchange by trading volume with more than $1 billion on a daily basis.
There are various reasons why Binance became so popular so quickly with the main ones being a professional attitude, friendly and transparent CEO, low trading fees, and the large number of cryptocurrencies supported by the platform. In fact, the number of cryptocurrencies supported is over 350 and Binance is supported in over 60 countries. The founder of the exchange is Changpeng Zhao. Binance’s headquarters are unknown.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: Vary from crypto to crypto ⚡️ Trading fees: 0.1% ⚡️ Payment Methods: Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more ⚡️ Supported fiat: USD, EUR, GBP, AUD, RUB, and 15+ more
The largest cryptocurrency platform Various advanced services and features Low fees and high liquidity A large number of cryptocurrencies supported
With over 650,000 users, Foxbit represents a 41% market share of the Bitcoin market in Brazil. FoxBit claims that a large percentage of funds are being stored in a cold wallet. This being said, the exchange has not been immune to security breaches. An incident in April 2018 caused around 58 Bitcoin ($540,000) to be withdrawn from the exchange. Foxbit has since strengthened security.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: 1.39% + R $ 1.89 ⚡️ Trading fees: 0.25% – 0.50% ⚡️ Payment Methods: Bank Transfer ⚡️ Supported fiat: BRL
Good for Beginners Widely popular in Bitcoin
Only Bitcoin available Average fees
Best Bitcoin Wallets in Brazil
It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets.
But, which bitcoin wallet is available in this country?
The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 2-3 Days 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, JPY, CAD
Kraken stands as a premier cryptocurrency exchange that has been serving the crypto community since 2011. With its platform, users can buy, sell, and trade over 220 different digital assets, including but not limited to Bitcoin, Ethereum, and Cardano. One of Kraken’s most notable features is its unwavering commitment to security, ensuring that users’ assets are protected.
The platform is globally accessible, reaching over 190 countries, though there are a few exceptions like North Korea and New York state. Furthermore, Kraken offers a plethora of payment methods, from traditional credit cards to modern solutions like Apple Pay.
For those dealing in fiat, multiple currencies are accepted, with the U.S. dollar being a popular choice. Advanced traders will also find the platform accommodating, with tools tailored to their needs.
⚡️ Deposit fees: EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, ¥5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free) ⚡️ Withdrawal fees: Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (¥20) – Japan onlyCAD EFT Withdrawal ($10 CAD) ⚡️ Trading fees: Maker: 0.16%Taker: 0.28% ⚡️ Payment Methods: Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko ⚡️ Supported fiat: USD, EUR, GBP, JPY, CAD
170+ countries supported Never been hacked Mobile App (iOS and Android) Various payment methods A wide range of cryptocurrencies is available
Fees slightly above the industry average Limited customer support
👛 Ease of Use – Easy 👛 Fees – High 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, RUB
Founded in 2013 in London, UK, and with over 4 million users, Cex.io is among the oldest cryptocurrency exchange platforms on the market. On Cex.io, you can buy, sell, trade, and store over 100 cryptocurrencies.
This centralized exchange supports fiat to crypto purchases, margin trading, spot trading, staking, lending, leverage, and savings. It has more than 100 cryptocurrencies available for trade and over 220 trading pairs. Today, Cex.io is available in more than 180 countries around the globe (including the U.S.). Cex.io applies AML and KYC policies, and it is registered with The Financial Crimes Enforcement Network (FinCEN).
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, JPY, and CNH
Bitfinex is one of the most popular and advanced Bitcoin and crypto exchanges in the world. Bitfinex is around since 2012 so it is widely considered one of the older crypto platforms.
The main focus of the exchange is on accessing multiple altcoins, deep liquidity, and advanced trading features. Bitfinex offers advanced trading features such as margin trading, margin funding, or multiple order types. Furthermore, Bitfinex supports staking, lending, and borrowing of crypto assets.
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP
Since its inception in 2011, Bitstamp has been a beacon in the cryptocurrency exchange landscape. It holds the title of the oldest crypto exchange, lauded for its reasonable pricing, steadfast service, and intuitive setup. Bitstamp’s footprint is evident in over 100 countries, albeit with potential feature restrictions in some locales. The exchange’s operations are overseen by a team of seven connoisseurs, proficient in both classical and decentralized financial ecosystems.
Bitstamp endorses more than 80 digital assets, with notable mentions like Tether (USDT). Conversely, platforms such as Coinbase cater to a more extensive list, with over 150 digital assets in their arsenal. Geographically, the Bitstamp application finds its users in countries from Angola to Azerbaijan. And for those residing in the EU, Bitstamp offers the convenience of swift cryptocurrency transactions through credit and debit cards.
⚡️ Deposit fees: 0 – 5 % ⚡️ Withdrawal fees: Sepa – 3 EUR, ACH – Free, Credit cards – 5%, International wire – 0.1%, and crypto – depends on the asset (0.0005 BTC) ⚡️ Trading fees: 0 – 0.5 % ⚡️ Payment Methods: Credit/Debit Card, ACH Transfer, SEPA, USD Wallet, Faster Payments, and International Wire. ⚡️ Supported fiat: USD, EUR, GBP
Competitive fees Security and safety on a high level The longevity on the crypto market Suitable for all types of traders (beginners and experienced ones)
The number of coins could be higher (50) The number of coins available for staking could be higher (2) No advanced trading services such as staking or margin trading
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, and more
Founded in 2012 in Finland by Nikolaus Kangas, LocalBitcoins represents one of the largest P2P (peer-to-peer) marketplaces online. Nicknamed as the “Craigslist” of Bitcoin, users can communicate and trade directly on the platform with one another. Bitcoin is the only currency supported by LocalBitcoins.
The numerous security measures (Escrow, Reputation System, etc.) make the platform a safe and reliable Bitcoin trading place. LocalBitcoins doesn’t use the usual brokerage business model. Instead, as a P2P network, it works by connecting sellers and buyers that are located in the same area. You post an ad on the website and state the exchange rate and the desired payment method. Users in the local area can reply to the advertisement and arrange a meet-up either online or in person. The whole process is pretty straightforward.
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, AUD + more
Paxful is “the Uber of the Bitcoin”. It is a crypto exchange based in the US that has over 200 employees. Paxful was launched back in 2015 so it has been around for quite some time now. The founders of Paxful are Artur Schaback and Ray Youssef.
The headquarters of the company is in NY, US. Paxful offers a simple, easy way to buy crypto assets. Moreover, if you would like to spread the word about Paxful while generating a 2% revenue from any amount bought, there is Paxful’s affiliate program called “virtual kiosk”.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: 0.5% – 5% ⚡️ Trading fees: No buyer fee, seller fee varies from 0.5% to 5% ⚡️ Payment Methods: Over 350 payment methods are available ⚡️ Supported fiat: USD, EUR, GBP, CAD, AUD, and many more
An incredible number of payment methods Easy-to-use platform Available in more than 180 countries Security is on a high level
👛 Ease of Use – Easy 👛 Fees – High 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, AUD
Coinmama is one of the oldest centralized cryptocurrency exchanges on the market. It was founded in Israel in 2013. Today, Coinmama’s head office is in Dublin, Ireland. Using this crypto exchange, you can easily and quickly buy and sell 10 different cryptocurrencies.
Coinmama is a cryptocurrency exchange that allows users to buy and sell a small selection of digital assets using various payment methods, including credit cards, bank account transfers, and payment apps. It is known for its easy-to-use platform and fast verification process, but it has high fees and a limited selection of cryptocurrencies. It also does not offer a wallet service and has mediocre educational content. Coinmama may be a good fit for those who want to make occasional small crypto purchases, but it may not be suitable for long-term use due to its high fees and limited features.
⚡️ Deposit fees: 0 – 5 % ⚡️ Withdrawal fees: None ⚡️ Trading fees: 2.9 – 3.9 % ⚡️ Payment Methods: Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill ⚡️ Supported fiat: USD, EUR, GBP, CAD, AUD
150+ countries supported Mobile App (iOS and Android) Various payment methods Quick verification process
Fees above the industry average Only 10 cryptocurrencies No wallet or trading options, just purchases or sells
Frequently asked questions about buying Bitcoin in Brazil
How can I buy Bitcoin from Brazil❓
FOXBIT is the most popular exchange in Brazil where you can buy Bitcoin.
Does Brazil have Bitcoin ATM❓
BR Malls has announced that will install 15 cryptocurrency ATMs in their facilities around the country. This is being done in partnership with Coin Cloud, the biggest two-way cryptocurrency ATM operator.
Does Brazil use PayPal❓
Yes, PayPal is available in Brazil.
What currency does Brazil use❓
Brazilian Real.
What is the bitcoin ATM fee❓
While some Bitcoin ATMs are traditional ATMs with revamped software, they do not require a bank account or debit card. On average, transaction fees are 10-20% but can go as high as 25% and as low as 6.5%.
Is Bitcoin legal in Brazil❓
Cryptocurrency like Bitcoin is legal in Brazil, and there are no restrictions on individuals buying, selling, or using cryptocurrencies for non-criminal purposes.
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Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.
