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Best crypto exchanges in Brazil for 2026: who charges least in reais for Bitcoin and who has filed with the central bank.
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By Alpha Finance Editorial Team
Data maintained by Vince Dioquino
Every fee, status line and clause behind a score links to the page we read it on, the Brazilian one wherever a platform publishes it. We recheck the platforms' pages and the central bank's rules every quarter, and sooner when a fee, a filing or a set of terms changes.
How we score → Editorial policy Report an errorBrazil is bringing crypto platforms under its central bank. Every company that buys, sells or holds crypto for Brazilians now needs the Banco Central do Brasil's authorisation, and those already open must apply or shut. Some smaller platforms, such as Bitso and NovaDAX, have chosen to close. Paying in reais is easy almost everywhere, because Pix moves them in seconds, so the choice comes down to price and to who holds your money.
Price is where most people overpay. The quick-buy button in many apps quotes a price with a markup built in, while the same platform's order book, its livro de ofertas, charges a small stated fee. The other trap is the company behind the brand. Some global names still sign Brazilians up through a company abroad, which also changes how your holdings are taxed and where a dispute ends up.
All ten take reais from Brazilian customers, and seven sign you up through a Brazilian company. The three that use a company abroad are held to 4.0. Bitcoin's real cost, each company's standing with the central bank, security and how reais move set the order, so it differs from our worldwide ranking. Source arrows sit beside each fee and clause, and a review of every platform follows the table.
Four platforms that lead on a measure a Brazilian buyer cares about, each picked on its own figures.
BinanceFull marks for cost to buy.9.0 out of 10
FoxbitR$825k of Bitcoin near the market price, the most of the ten.8.1 out of 10
OKXA Merkle tree with zero-knowledge checks of client balances, so you can look yours up. Level with Binance, Bybit, Kraken and MEXC on this, and ranked above all of them but Binance.7.3 out of 10
NubankFull marks for Brazilian regulation, the only one of the ten.8.4 out of 107 of 10 sign you up in Brazil2 say they are in the central bank's processBRL prices read 13 Oct 2026
| # | Exchange | Score | Feestaker / maker | BRL deposits | Proof of reserveslatest published | |
|---|---|---|---|---|---|---|
| 1 | Binance#2 worldwide | 9.0 | 0.10% / 0.10%BTC/BRL, regular user | Pix freeNo card deposits | Merkle + zk | Visit |
| 2 | NubankNot on worldwide list | 8.4 | 0.6% + spread up to 3.5%Nubank app, first tier (under R$100 traded in 45 days) | Pix freeNo card deposits | Audited accountsNo per-user proof | Visit |
| 3 |  Mercado BitcoinNot on worldwide list | 8.3 | 0.70% / 0.30%BTC-BRL on Clássica or PRO, first tier (under R$10,000 traded in 30 days) | Pix freeNo card deposits | None | Visit |
| 4 | FoxbitNot on worldwide list | 8.1 | 0.50% / 0.25%BTC/BRL, Iniciante tier (under R$25,000 traded in 30 days) | Pix freeNo card deposits | None | Visit |
| 5 | OKX#1 worldwide | 7.3 | 0.40% / 0.10%BRL pairs, Regular tier (since 6 Apr 2026) | Pix fee not publishedNo card deposits | Merkle + zk | Visit |
| 6 |  Bybit#5 worldwide | 6.3 | 0.20% / 0.15%Fiat-crypto spot pairs such as BTCBRL, VIP 0 | Pix fee not publishedNo card deposits | Audited Merkle | Visit |
| 7 |  Kraken#6 worldwide | 5.7 | Not publishedNo BTC/BRL market: reais are converted on arrival (to BRL1 or US dollars; Kraken's help pages disagree) | Pix 0.3%No card deposits | Audited Merkle | Visit |
| 8 |  Bitget#8 worldwide | 4.0 | 0.10% / 0.10%BTCBRL spot | Pix freeNo card deposits | Merkle | Visit |
| 9 |  Coinbase#4 worldwide | 4.0 | Not publishedCoinbase app, buying with reais | Pix fee not publishedNo card deposits | Audited accountsNo per-user proof | Visit |
| 10 |  MEXC#9 worldwide | 4.0 | 0.05% / 0.00%BTCBRL spot | Pix fee not publishedNo card deposits | Audited Merkle | Visit |
Score: the six checks below add up to a mark out of 10, weighted for a Pix user in Brazil who holds coins on the platform. Whoever tops the table is rescaled to 9.0, and the same multiplier applies all the way down. A platform that signs Brazilians up through a company abroad can't go above 4.0. The six marks behind any score appear when your cursor rests on it. Fees: what a new account pays per trade, on the BTC/BRL market where one exists. App prices and a platform's markup count in the cost check. Places here aren't for sale. The order can't know your own situation, so take it as general information, and see how we're funded.
The cheapest R$1,000 of Bitcoin came from Binance's book, at R$1.00 over the market price. Mercado Bitcoin PRO charged R$6.64 for the same purchase. The median BTC/BRL midpoint set the market price at R$419,680 a Bitcoin. A bar adds the platform's fee to the gap between its price and the market's.
Extra you pay to buy R$1,000 of BitcoinMeasured on each platform's own BTC/BRL book, against the median midpoint
Binance0.10%R$1.00Order bookMEXC0.16%R$1.56Order bookBybit0.40%R$4.04Order bookOKX0.42%R$4.25Order bookBitget0.47%R$4.70Order bookFoxbit0.52%R$5.17Order bookMercado Bitcoin PRO0.66%R$6.64Order bookNubank, Kraken and Coinbase keep their BRL price behind a login, so no bar can be drawn for them. For scoring they take the costliest result among the books, from Mercado Bitcoin PRO, or their own published fee if that's higher.
Of the ten, seven run a BTC/BRL order book, so you can see the price before you pay. The quick-buy screens are a different story. Mercado Bitcoin's charges 0.7% to 3% plus a spread of up to 2%, and Nubank's spread alone can reach 3.5%.
Depth matters once orders grow. On depth, Foxbit came first and Bybit last: R$825k against R$17k of Bitcoin offered within 0.5% of the market. A big order on a shallow book pushes its own price up, as the R$50k button shows.
For each platform we read the Brazilian terms and fees, named the company you contract with, quoted what it says about its central bank filing and took Bitcoin's price from its live BRL book where it has one. Every card says which company holds your account and who hears a complaint.
Best for the lowest price on a BRL order book: R$1,000 of Bitcoin cost R$1.00 over the market. Its Brazilian crypto company hasn't said whether it has filed with the central bank.
Good for
Watch out for
Incidents in the last five years
USDe, wBETH and BNSOL lost their pegs on Binance's own order books in the 10 Oct crash; Binance paid about US$283M to users liquidated as a result.
AUSTRAC ordered an external audit of Binance Australia's anti-money-laundering controls.
B Fintech, a Binance company, paid R$9.6 million to settle the CVM's case over derivatives offered to people in Brazil (13 Aug 2024).
and 1 earlier
Strongest regulation · Not on worldwide list
Best for buying inside the bank app you already use, from a group with full regulation marks and audited accounts. There's no order book, and the price carries a spread of up to 3.5% on top of the fee.
Good for
Incidents in the last five years
NoneNo hacks, fines or market failures in the last five years.
Not on worldwide list
Best for a Brazilian exchange that says it is already in the central bank's process, with 404 coins and free BRL withdrawals. Its 0.70% taker fee was the dearest of the seven order books we priced.
Good for
Incidents in the last five years
NoneNo hacks, fines or market failures in the last five years.
Deepest market · Not on worldwide list
Best for the deepest BRL order book, with free Pix, TED and BRL withdrawals. It says it will file with the central bank before the deadline, and it publishes no proof of reserves.
Good for
Incidents in the last five years
NoneNo hacks, fines or market failures in the last five years.
Best for OKX users who want Pix from R$5 and a BTC/BRL book through a Brazilian company: R$1,000 cost 0.42% over the market. Its terms choose English law and arbitration in Hong Kong.
Good for
Incidents in the last five years
Best for Bybit users who want a BTC/BRL book and an audited proof of reserves. Its BRL order book was the thinnest we measured, and its Brazilian terms don't show outside Brazil.
Good for
Incidents in the last five years
About US$1.5B in ETH was stolen from a cold wallet; the FBI attributed it to North Korea. Bybit restored its reserves within about 72 hours.
India's Financial Intelligence Unit fined Bybit Rs 9.27 crore for serving Indian users without registration.
The CVM ordered ByBit Fintech Limited to stop offering securities to people in Brazil, with a R$1,000 daily fine for breaches (Sep 2022).
Best for Kraken users who want Pix deposits through a Brazilian company. Reais can't be held as reais, each deposit pays 0.3% IOF tax, and withdrawals stop at R$10,000 a day.
Good for
Incidents in the last five years
Disclosed an extortion attempt after support staff viewed limited data on about 2,000 client accounts. Kraken says there was no breach of its systems and no client funds were at risk.
Ordered by Australia's Federal Court to pay A$8M after ASIC action over its margin product.
A deposit bug let security researchers withdraw about US$3M from Kraken's own treasury, not from client accounts; the funds were returned.
and 1 earlier
Best for the longest coin list and a 0.10% fee on BTC/BRL. Brazilians sign up with a company abroad under Hong Kong law, which holds the score to 4.0.
Good for
Incidents in the last five years
About US$388M was taken from hot and warm wallets on 24 Sep 2026. Its protection fund covered the loss and user balances were untouched; withdrawals were paused until 28 Sep for BTC and 2 Oct for everything.
Suspected manipulation of the VOXEL perp; Bitget rolled back trades and compensated users who lost money.
Best for existing Coinbase users paying by Pix through EBANX. Brazilians sign up with a Kenyan company, prices show only after you sign in, and the score is held to 4.0.
Good for
Incidents in the last five years
A faulty update took down transfers and trading for about 50 minutes.
Fined EUR 21.5M by the Central Bank of Ireland for transaction-monitoring failures.
Bribed overseas support contractors stole personal data of 69,461 customers.
and 1 earlier
Best for the lowest fee on a BRL pair: nothing for makers and 0.05% for takers on BTC/BRL. Its BRL book is thin, and Brazilians sign up with MEXC (Comoros) Ltd, with no Brazilian company.
Good for
Incidents in the last five years
Dubai's regulator fined MEXC's operator for serving Dubai customers without a licence and ordered it to stop.
The Seychelles regulator began enforcement against MEXC's operator for running an exchange without a licence.
Froze about US$3M of one trader's funds over alleged automated trading, and released it three months later.
and 1 earlier
We read every Brazilian fee page and every set of terms shown outside Brazil ourselves, checked each company's own statement on its central bank filing, and took every BRL price in one snapshot on 13 Oct 2026. Six checks with fixed rules set the order.
| Check | Weight | How it is marked |
|---|---|---|
| Cost to buy | 20% | The yardstick is the median mid-price across Brazil's public BTC/BRL books, swept together on 13 Oct 2026. Each platform's mark comes from buying R$1,000 of Bitcoin the cheapest way it publishes, trading fee and all, measured against that yardstick. Every 0.1% above a 0.2% allowance costs 0.8 of the 10 marks. A platform that hides its BRL price until you log in is charged the day's steepest result, or its own published fee where steeper. |
| Brazilian regulation | 25% | Who you contract with carries 5 marks when it's a Brazilian company stating on its own site that it has filed with the Banco Central do Brasil or operates under the transition regime, and 3 when it's Brazilian but hasn't said it has filed. Two more go to a group that already runs a central bank licensed bank, broker or payment firm. The final 3 reflect five years of dealings with the CVM and the central bank: an order with no penalty halves them, and a penalty or paid settlement wipes them out. |
| Security and reserves | 20% | Security is marked exactly as on our worldwide list. Reserves are worth up to 4, all of them for a proof where you can find your own balance that an outside auditor or a zero-knowledge check backs, or for SEC-audited accounts from the platform or its parent. Three go to a lookup nobody independent backs, as at Bitget, or to an auditor's reserve check without a lookup, and two to an accountant's attestation. A loss fund is worth 1, or 2 with its size disclosed. The last 4 hang on the record since October 2021, where a costly hack or collapse takes 3 (only 1 once everyone was repaid), and a data breach, a regulator's action and each market failure (2 at most) take 1 apiece. |
| Liquidity | 10% | This check reads only the platform's own BTC/BRL book in the 13 Oct 2026 snapshot, counting in reais the Bitcoin offered within 0.5% of the market. Marks start at R$10,000, where a book earns nothing, and top out at R$10 million, so every tenfold rise in depth adds a third of the 10. Coinbase, Nubank and Kraken run no public BTC/BRL book, so they get none. |
| BRL deposits and withdrawals | 15% | Free Pix deposits score 4, and Pix with a fee, or with no fee published, scores 1. TED, a card or a boleto as a second way in adds 1. Keeping your balance in reais, without converting it the moment it lands, adds 1. Returning reais to your bank free of charge brings 2, and two years with no bank or payment partner dropping the platform bring 2 more. |
| Product | 10% | A list of 300 coins is worth 3, of 100 coins 2 and of 30 coins 1. Running a public BTC/BRL market and opening company accounts bring 2 apiece. Staking, an OTC desk and sending coins out to a wallet you hold make up the last 3. |
Two ceilings apply after the marks are added up. A platform that signs Brazilians up through a company abroad stops at 4.0, since the central bank's rules require foreign companies to hand their Brazilian clients to a Brazilian one. A CVM or central bank penalty in the last two years stops a score at 7.5, and a hack in the past year with customers not yet repaid at 6.0.
We read each fee page, filing statement and set of terms we could open on 14 Oct 2026. We go over it all again by mid-January, or straight after the 30 October deadline if the filings change.
Have your CPF, a photo document and a bank account in your own name ready before you sign up. Every platform here sends reais back only to an account under the same CPF.
Yes. A 2022 law put crypto platforms under federal rules, and a 2023 decree made the Banco Central do Brasil their regulator. The CVM still covers tokens that work like securities, and consumer law still applies.
The central bank's detailed rules, Resolution BCB 520, took effect on 2 February 2026. Platforms already operating then had 270 days to apply, which the application rules fix at 30 October 2026. Filing on time lets a platform go on serving Brazilians until the central bank decides. Those that don't must stop within 30 days.
Companies based abroad must move their Brazilian clients to a Brazilian company in the same window, which is why Binance is moving every Brazilian account to two local companies. From 6 November 2026, banks and payment institutions may no longer handle crypto business for platforms the central bank hasn't authorised, under a rule change of 23 September 2026.
No platform on this page has been authorised as a crypto company yet. Mercado Bitcoin says it is in the process, Nubank's crypto company says it works under the transition rules, and Foxbit says it will file in time. The others haven't said whether they have filed. Bitso and NovaDAX chose to wind down their Brazilian retail business instead.
Start with the platform's support, in writing. A March 2026 rule change requires crypto companies with individual customers to run an ouvidoria, an internal ombudsman that must answer within ten business days. Mercado Bitcoin and Nubank already publish theirs.
Brazil's consumer code covers you against a Brazilian company, and a Procon or a court near you can hear the case. Of the ten, only Nubank is on consumidor.gov.br, the government's complaints site. Some terms send a dispute to arbitration in Hong Kong all the same: OKX's, even though a Brazilian company signs you up, and those of Bitget and MEXC, which serve you from abroad.
Crypto isn't covered by the FGC, the fund that repays bank deposits, and no fund repays you if a platform fails. What the new rules add is a duty to keep your coins and reais apart from the company's own.
Resolution BCB 520 makes platforms hold customers' reais in accounts in each customer's name, keep their coins in separate wallets, and never use customers' assets for their own business. It also asks for an independent audit every two years and proof of reserves sent to the central bank. Those duties bite fully once a platform's application is approved.
Brazil has seen what happens without them. The CVM fined Atlas Quantum and its owner more than R$55.8 million in 2024, five years after customers stopped being able to withdraw. A federal court in Campina Grande sentenced the couple behind Braiscompany to 88 and 61 years.
Each set of terms also limits what you can recover when the platform itself is at fault.
| Platform | The most its terms let you claim |
|---|---|
| Mercado Bitcoin | No money cap. Its terms keep the consumer code's protections. |
| Foxbit | A year of the fees you paid it. |
| Bitget | Your last three months of fees. |
| OKX | Whichever is smaller: the assets in dispute or everything in your account. |
OKX's terms go further and mix your coins with other customers'. Nubank's let its crypto company stake the coins it holds for you, whether or not you sign up for staking rewards.
A reserve proof is meant to show that the coins customers bought really sit in the platform's wallets. Binance, OKX, Bybit, Bitget, MEXC and Kraken each publish one in which you can find your own balance, and only Bitget's has neither an outside auditor nor a zero-knowledge check behind it. Coinbase and Nubank's parent, Nu Holdings, file audited accounts with the SEC instead. Neither Mercado Bitcoin nor Foxbit publishes either.
Not investment advice
This page is general information. Nothing on it is a recommendation to buy, sell or trade any crypto asset or to use any platform. Crypto prices can fall sharply. See our affiliate disclosure for how the site is funded.
Pix is how almost everyone pays for crypto in Brazil, and its limits are set by your bank. A few central bank rules decide how far they can go.
If a scammer tricks you into a Pix, the special return mechanism (MED) lets your bank try to claw it back. You must ask within 80 days, and the same day is best. Since February 2026 every bank must run the updated MED, which can block the money in more than one account. It can't undo a Pix you sent to your own exchange account.
Profits from selling crypto are taxed as capital gains, and the rules differ depending on whether a Brazilian platform holds your coins.
If everything you sell in a month adds up to R$35,000 or less, there's no tax on the gain. Above that, the gain is taxed at 15% on the first R$5 million, rising in steps to 22.5%. The Receita Federal's free GCAP program works out what you owe and prints the DARF to pay it.
Crypto held or traded through a company abroad counts as an investment abroad. Its gains go in your annual return at a flat 15%, under a separate law from the monthly rules above. So Bitget, MEXC and Coinbase, which serve you from abroad, change your tax as well as your protections.
In your annual return, list each type of crypto whose purchase cost reached R$5,000, at what you paid. Since July 2026 platforms report every trade under DeCripto, the Receita's system built on the OECD standard. A 2025 plan for a flat 17.5% rate lapsed before Congress voted on it.
You can also hold crypto through a fund on the stock exchange, in an ordinary brokerage account. B3 now lists more than 40 crypto ETFs.
Their tax works like shares, without the shares' small-sale exemption: 15% on gains, or 20% on day trades, which you pay yourself by DARF. The fund holds the coins, so you never deal with a crypto platform or a wallet.
Every platform here will send your coins to a private wallet. Once there, they survive a platform's collapse, though nobody can restore a lost seed phrase.
Expect extra questions on the way out. Under Resolution BCB 521, a platform must identify who owns the private wallet you send to and check where the coins are going. Foxbit charges 0.00002 BTC to send Bitcoin out, and Mercado Bitcoin 0.00003 BTC.
Brazil's biggest crypto losses came from schemes promising a fixed monthly return. The CVM fined GAS Consultoria, the "Faraó dos Bitcoins" scheme, and its founders R$34 million each for selling unregistered investments.
If you've been caught, ask your bank to start a MED right away, file a police report online with your state's Polícia Civil, and report the offer to the CVM.
Binance scores highest for people in Brazil, at 9.0 out of 10, led by the cheapest BRL price we measured. For other needs, Foxbit has the deepest Bitcoin market, OKX shares the best proof of reserves and Nubank is the most strongly regulated.
Send reais by Pix from your own account and buy on a BTC/BRL order book, where you pay a stated fee and no markup. In our snapshot that was Binance. A quick-buy button or a bank app hides its margin in the quoted price, so it costs more.
Yes. The Banco Central do Brasil regulates crypto platforms under rules in force since 2 February 2026. Those already open must apply by 30 October and may operate while they wait. None is authorised yet, and from 6 November banks can't serve unauthorised ones.
Only on gains, and not in a month when your sales total R$35,000 or less. Above that the gain is taxed from 15%. Crypto held through a company abroad is taxed instead at a flat 15% in your annual return.
Partly. Its broker, Binance Brasil Corretora (formerly Sim;paul), holds a central bank licence as a securities broker and will keep every Brazilian customer's reais by 29 October 2026. Its crypto company, BBrasil, hasn't said whether it has filed for authorisation.
Crypto.com closes its BRL account for Brazilian users on 25 October 2026, and Bitso is closing its direct retail service in Brazil by 30 October 2026. KuCoin suspended Pix in reais on 30 July 2026 until further notice, and NovaDAX has closed its platform.
