Crypto adoption in Brazil is growing at record speed in 2025. More Brazilians are now trading Bitcoin, Ethereum, and altcoins than ever before, thanks to the growing number of regulated platforms and simplified onboarding through Pix and BRL deposits. But with more options, choosing the right exchange can be tricky.
From global giants to homegrown platforms, each crypto exchange in Brazil offers different advantages, some have low fees, others support local tax reporting. And with stricter Receita Federal regulations now in effect, selecting the right platform can save both time and tax stress. This guide compares the top exchanges in Brazil to help you trade confidently.
Comparing the Best Crypto Exchanges in Brazil
Here’s a side-by-side comparison of the leading crypto exchanges available to Brazilian investors. This table helps you quickly identify which platform suits your needs based on features, fees, and use cases.
Exchange | Founded In | Supported Cryptos | Fee Structure | Best For |
Binance Brazil | 2017 | 500+ | 0.1% spot trading fee | High-volume traders & altcoin variety |
Mercado Bitcoin | 2013 | 200+ | 0.3%–0.7% maker/taker | Local support & BRL pairs |
NovaDAX | 2018 | 630+ | 0.15%–0.3% trading fee | Fiat on-ramp & instant BRL deposits |
Kraken | 2011 | 360+ | 0.16% maker / 0.26% taker | Security & advanced trading features |
Foxbit | 2014 | 100+ | 0.25% trading fee | Beginners & BRL transfers |
Bybit | 2018 | 1900+ | 0.1% spot / 0.06% futures | Derivatives & active trading |
KuCoin | 2017 | 900+ | 0.1% spot trading fee | Token variety & low fees |
Read More: Ultimate Crypto Tax Guide for Brazil
Top Crypto Exchanges in Brazil For Investors in 2025
Choosing the right exchange means balancing reliability, fees, local support, and available coins. Below is a detailed look at each of the top crypto exchanges operating in Brazil. These platforms stand out for their trading features, regulatory alignment, and ease of use for Brazilian investors in 2025.
1. Binance Brazil
Binance is the world’s largest crypto exchange and has localized its services for Brazil, offering support for BRL deposits via Pix. The platform provides a wide selection of over 500 cryptocurrencies, competitive fees, and advanced trading tools. Binance also features staking, futures, and margin trading for experienced users.
- Wide Asset Selection: Supports major coins and niche altcoins.
- Low Trading Fees: Flat 0.1% fee structure for spot trades.
- Pix Integration: Easy BRL deposits and withdrawals.
- Advanced Features: Futures, staking, margin, and P2P trading.
- Regulatory Engagement: Registered with local tax authorities for better compliance.
2. Mercado Bitcoin
Mercado Bitcoin is Brazil’s largest homegrown crypto exchange and has been operational since 2013. It’s a trusted platform for local investors and supports over 200 digital assets including Bitcoin, Ethereum, and Brazilian Real-backed stablecoins. With strong regulatory ties and Portuguese-language support, it caters especially well to native users.
- Local Advantage: Deep integration with Brazil’s financial system and Receita Federal compliance.
- Strong Fiat Support: Direct BRL deposits and withdrawals with Pix and bank transfers.
- Curated Listings: Focuses on reputable projects and stablecoins like BRZ.
- Crypto-as-a-Service: Offers fixed-income crypto products for passive earners.
- Dedicated Mobile App: Tailored user interface for Brazilian investors.
Read More: Earn Passive Income With Crypto
3. NovaDAX
NovaDAX is a fast-growing Brazilian exchange offering over 130 cryptocurrencies and full BRL integration. Launched in 2018, it stands out for its fiat gateway, competitive fees, and instant Pix transactions. NovaDAX is ideal for users looking to move between crypto and reais without complexity or delays.
- Instant BRL Transfers: Pix-enabled deposits and withdrawals processed within minutes.
- Balanced Trading Fees: Maker-taker fees range from 0.15% to 0.3%.
- User-Friendly Interface: Simplified dashboard for beginners and retail investors.
- Staking & Promotions: Periodic cashback offers and staking rewards.
- Regulatory Compliance: Transparent operations under Brazilian crypto laws.
Read More: Best Crypto Staking Platforms
4. Kraken
Kraken is a US-based exchange known for its security-first approach and global reputation. In Brazil, it supports BRL deposits via Pix and enables trading in over 360 cryptocurrencies. Kraken appeals to professional traders with its advanced order types, margin trading, and deep liquidity.
Why Choose Kraken?
- High Security: One of the most secure exchanges globally, with top-tier fund protection.
- Advanced Tools: Offers futures, margin, and detailed charting features for pro users.
- Regulated Access: Compliant with Brazilian tax norms and supports local KYC.
- BRL On-Ramp: Enables deposits and withdrawals directly in Brazilian Reais.
- Strong Liquidity: Ideal for high-volume trades with minimal slippage.
5. Foxbit
Foxbit is one of Brazil’s earliest crypto exchanges, offering a simple and localized trading experience. Its platform is designed for users who prefer a streamlined interface and customer support in Portuguese. Foxbit also focuses on educational content to help new investors navigate the crypto market safely.
Why Choose Foxbit?
- Beginner-Friendly Design: Clean dashboard ideal for first-time traders in Brazil.
- Educational Resources: Offers blogs, tutorials, and webinars for crypto newcomers.
- Local Presence: Based in São Paulo with responsive Portuguese-speaking support.
- Compliance Focus: Registered with Receita Federal for BRL tax reporting.
- Recurring Buy Feature: Allows automated crypto purchases at set intervals.
6. Bybit
Bybit has quickly become popular in Brazil due to its fast trading engine and support for both spot and derivatives markets. Though originally known for perpetual futures, Bybit now offers BRL integration, allowing local users to participate in the global crypto market with ease.
- Futures & Leverage: Trade perpetual contracts with up to 100x leverage.
- Earn Hub: Access flexible savings, staking, and launchpool rewards.
- Brazilian Market Focus: Local language support and BRL deposit methods.
- Secure Platform: Cold wallet storage and mandatory 2FA for all accounts.
- Mobile Experience: Sleek mobile app tailored for on-the-go trading.
7. KuCoin
KuCoin is a global exchange with strong traction in Brazil, offering access to over 900 cryptocurrencies. Although it doesn’t support BRL natively, many Brazilians use it for altcoin trading after acquiring USDT elsewhere. Its wide asset range and trading bots make it attractive to experienced users.
- Extensive Altcoin Range: Great for discovering new tokens and niche projects.
- Trading Bots: Built-in automated strategies for spot and futures trading.
- Low Fees: Competitive rates starting from 0.1%, with discounts for KCS holders.
- Security Infrastructure: Multi-layer encryption and internal risk controls.
- Global Access: Ideal for diversifying beyond locally listed assets.
Read More: Best Crypto ETFs
How to Choose a Crypto Exchange to Trade in Brazil?
Choosing the right crypto exchange in Brazil can significantly impact your trading success, tax compliance, and overall security. With numerous platforms offering varied features, here’s how to make a smart decision based on key factors.
Regulatory Compliance and Local Support
Always choose an exchange that complies with Brazilian tax laws and works with Receita Federal. Platforms registered with local authorities are more likely to offer tax-compliant features like BRL transaction tracking and native reporting tools. Portuguese-speaking customer support is also critical for addressing queries quickly.
Payment and Withdrawal Methods
Look for exchanges that support seamless deposits and withdrawals using Pix, bank transfers, or credit cards. If you trade frequently in BRL, a platform offering fast and free BRL transfers will save time and money. Avoid exchanges with hidden conversion fees or delayed settlements.
Crypto Selection and Trading Pairs
Not all platforms offer the same range of coins. Beginners might prefer an exchange with a curated list of trusted assets, while advanced users may want access to hundreds of tokens and DeFi projects. Ensure the platform supports pairs with BRL or stablecoins like USDT for flexibility.
Security Infrastructure
Security is non-negotiable. Choose exchanges that store funds in cold wallets, enforce two-factor authentication, and offer transparent incident response protocols. Publicly audited platforms or those with a strong security track record are more trustworthy.
User Experience and Fees
Evaluate the trading interface, especially on mobile if you plan to trade on the go. A clean layout, easy order execution, and real-time charts are key. Compare fees for trading, depositing, and withdrawing to ensure long-term affordability.
By carefully considering these factors, you can confidently navigate the diverse Indian crypto exchange landscape and select the platform that perfectly aligns with your investment goals and comfort level.
Is Cryptocurrency Taxable in Brazil?
Yes, all cryptocurrency transactions are taxable in Brazil. The Brazilian Federal Revenue Service (Receita Federal do Brasil – RFB) treats crypto assets as financial assets, subject to capital gains tax, income tax, and reporting obligations. Recent reforms in 2025 have removed earlier exemptions and tightened enforcement.
Capital Gains on Crypto Transactions
As of June 12, 2025, Brazil enforces a flat 17.5% capital gains tax on all profits from crypto trading. This applies regardless of the transaction amount or whether the crypto was held in an exchange, private wallet, or overseas account. The R$35,000 monthly exemption that previously benefited small traders no longer exists.
Income Tax on Crypto Earnings
If you earn crypto through mining, staking, airdrops, or as payment for services, it must be reported as income. This income is taxed according to Brazil’s progressive income tax brackets and must be included in your annual income tax return.
Monthly Reporting via IN 1888
Brazilian taxpayers are also required to report crypto transactions exceeding R$30,000 per month using the IN 1888 form. This includes details of buys, sells, swaps, donations, and transfers, even if done through foreign exchanges or wallets. Failure to comply can lead to penalties ranging from R$100 per month to 3% of transaction value.
Enforcement Through Digital Monitoring
The RFB uses blockchain analysis and data partnerships with exchanges to track unreported transactions. High-risk taxpayers may receive notices, be subject to audits, or even face fraud investigations for continued non-compliance.
How Can KoinX Help Managing Cryptocurrency in Brazil?
Managing your crypto taxes in Brazil can be time-consuming, especially with Receita Federal’s strict reporting and classification rules. That’s where KoinX makes a difference. With its advanced automation and Brazil-specific compliance features, KoinX helps crypto users reduce errors, avoid penalties, and stay organized year-round.
Seamless Integration
KoinX connects with over 300 wallets, exchanges, and blockchains, including popular platforms used in Brazil. Whether you trade on Binance Brazil, hold assets in MetaMask, or use multiple exchanges, KoinX fetches all your transactions in seconds.
Compliant Crypto Tax Report
Generate tax reports fully aligned with Brazilian regulations. KoinX classifies gains from mining, staking, airdrops, and regular trading based on RFB’s latest tax rules. You’ll receive a report ready for use in your annual ITR.
Free Crypto Portfolio Tracker
Track your entire crypto portfolio in real time. KoinX shows your holdings, transaction history, and profit/loss summary, all in one dashboard. It helps you plan better and make data-backed trading decisions.
RFB Guidelines Support
KoinX supports all Receita Federal rules, including classification of crypto as movable goods. The platform automatically applies current guidelines and tax laws to your reports, keeping you compliant without manual effort.
Auto-Classification of Transactions
No need to sort through your records. KoinX auto-classifies all your trades into categories like airdrops, swaps, or transfers, helping you identify capital gains by type and avoid misreporting.
Ready to simplify crypto taxes in Brazil? Let KoinX help you stay ahead of RFB rules, avoid costly mistakes, and manage your crypto with confidence, all in one place. Get started with KoinX today and take control of your tax season before it begins.
Conclusion
Choosing the right crypto exchange in Brazil is about more than just fees or coin selection. It’s about security, compliance, and ease of use. Whether you’re trading on Binance or exploring local platforms like Mercado Bitcoin, make sure your exchange supports reliable reporting tools and integrates well with your tax strategy.
If you want to stay compliant with Brazil’s evolving crypto tax regulations, start using KoinX to automate your portfolio tracking and generate tax-ready reports. Join KoinX today as it’s the easiest way to avoid penalties and trade confidently.
Frequently Asked Questions
What Is the Legal Status of Cryptocurrency in Brazil?
Cryptocurrency is legally recognized as a financial asset in Brazil. While not classified as legal tender, digital assets are regulated for tax purposes under laws enforced by the Receita Federal and recent legislative updates like Provisional Measure 1303/2025.
Can I Use a Foreign Exchange to Trade Crypto in Brazil?
Yes, Brazilian residents can use foreign exchanges to trade crypto. However, transactions done on these platforms must still be reported to Receita Federal, especially if monthly trading volumes exceed R$30,000 or if gains are realized.
Do Brazilian Crypto Exchanges Require KYC Verification?
Most major Brazilian exchanges, such as Mercado Bitcoin and NovaDAX, require full KYC verification to comply with anti-money laundering (AML) regulations. This includes submitting ID documents and proof of address before trading.
How Frequently Should I Report My Crypto Holdings?
Crypto holdings and transactions should be reported annually in your ITR. Additionally, if you exceed R$30,000 in crypto transactions in a single month, you must report them separately using the IN 1888 form to Receita Federal.
Are Crypto-to-Crypto Swaps Taxable in Brazil?
Yes, crypto-to-crypto swaps are treated as disposals in Brazil. Even if no fiat currency is involved, any gain realized from the transaction must be reported and is subject to the 17.5% capital gains tax.
What Happens if I Don't Report My Crypto Trades in Brazil?
Failure to report can lead to fines ranging from R$100 monthly to 3% of the transaction value. Continued non-compliance may also lead to tax audits, fraud investigations, or legal action depending on the severity of the omission.
