7 Best Crypto Exchanges in Brazil

Our team reviewed 50+ crypto exchanges to find the best options for Brazilian traders. We compared platforms side by side using a Brazil focused scorecard and tested the full BRL to crypto flow in real conditions to see which exchanges are safest, simplest, and most cost effective locally.

We ranked platforms on local licensing and legal standing, smooth BRL deposits and withdrawals through bank rails with strong PIX support, and core security and transparency including 2FA, cold storage, withdrawal controls, and proof of reserves. We also evaluated desktop and mobile trading quality with Portuguese usability, breadth of BRL pairs and token selection, deep liquidity for low slippage execution, low and clearly disclosed fees, practical tax reporting features, and responsive Portuguese language support.

List of Top Crypto Trading Platforms in Brazil

How FXEmpire Chose the Best Crypto Platforms in Brazil?

• Local Licensing: We prioritized exchanges registered with Brazil’s Central Bank to ensure they operate legally under the country’s regulatory framework and offer stronger consumer protection.
• BRL Support and Local Payments: We assessed support for Brazilian Real deposits and withdrawals, favoring platforms that integrate with local banks. Support for fast, fee-free PIX transfers makes deposits cheaper and more convenient.
• Security and Transparency: We examined each platform’s security features, including 2FA, cold storage, withdrawal whitelists, and Proof of Reserves. Platforms with strong security records and clear audits offer more peace of mind.
• Trading Tools and Interface: We tested the experience across desktop and mobile, looking for clean interfaces, Portuguese language support, and tools like order book depth, price alerts, and advanced charting.
• Crypto Selection: We compared the number of supported cryptos, including stablecoins, BRL trading pairs, and niche altcoins to offer more flexibility for Brazilian users.
• Liquidity: We analyzed trading volume and order book depth to ensure reliable order execution with minimal slippage and a smooth trading experience.
• Low and Transparent Fees: We reviewed all fees, including maker-taker, deposit, and withdrawal charges. Platforms with competitive pricing and no hidden fees scored higher.
• Tax Reporting Tools: We looked for features that help users comply with Brazilian tax laws, such as downloadable trade histories and tax platform integration.
• Customer Support: We assessed response times and support quality in Portuguese via live chat, email, and help centers. Platforms with fast, localized, and helpful service ranked highest.

Brazilian Best Crypto Exchanges: Comparison Table

How to Choose the Best Crypto Exchange for Traders in Brazil?

What Are Brazil’s Crypto Regulations?

Brazil’s crypto market is regulated under the Legal Framework for Virtual Assets, which took effect in June 2023. The law recognizes cryptocurrencies as digital assets and gives oversight to two main regulators:

• The Central Bank of Brazil handles crypto used for payments
• The CVM (Securities Commission) oversees crypto used as investments

Exchanges in Brazil must follow KYC/AML rules, report suspicious activity, and register with regulators. These rules aim to protect users and create a safer, more transparent crypto environment.

What Crypto Taxes Do I Need to Pay in Brazil, and How?

In Brazil, capital gains tax applies to crypto profits. If your monthly profit from crypto sales exceeds BRL 35,000, you must pay tax at rates between 15% and 22.5%, depending on the amount gained.

Crypto traders must report their holdings and transactions through the Receita Federal’s e-CAC platform, using the GCAP program. Some exchanges provide tax reports to help, but it’s ultimately the user’s responsibility to file correctly and on time.

How Do I Choose a Safe Crypto Exchange in Brazil?

When selecting a crypto exchange in Brazil, look for the following:

• Licensed by the Central Bank of Brazil
• Bank-grade protection, including cold storage, two-factor authentication (2FA), and withdrawal whitelists
• Proof of Reserves and regular third-party security audits
• Support for BRL payments and integration with local banks
• Strong reputation and responsive customer support
• Clean security record with no recent breaches or regulatory issues

Choosing an exchange with these features helps reduce the risk of hacks, scams, and blocked withdrawals.

What Are the Main BRL Payment Methods for Crypto Exchanges?

Most exchanges support the following BRL payment methods:

Is P2P Trading Available in Brazil?

Yes, P2P is a popular on/off-ramping method in Brazil. It allows users to buy and sell crypto directly with BRL using local payment methods that aren’t directly supported by the exchange, often with lower fees.

However, since it involves individual buyers and sellers, it’s important to choose exchanges that offer escrow services, verified user ratings, and strong dispute resolution systems.

What Fees Should You Consider When Choosing a Crypto Exchange?

What Leverage Is Available to Traders in Brazil?

Leading exchanges like cryptocom, Bybit, and MEXC provide leverage trading in Brazil. Bybit offers up to 10x margin trading and up to 100x on futures, while MEXC provides up to 500x on futures.

What should I avoid when choosing a crypto exchange in Brazil?

When choosing an exchange, we recommend avoiding those that display one or more of the following red flags:

• No licensing in Brazil or any other major region (US, UK, EU)
• Lack of transparency about fees and company registration
• Promoting scams and rug pulls, especially involving low-cap or meme tokens promoted on social media
• Phishing attempts through fake emails, Google ads, or WhatsApp groups pretending to be official channels