As its name suggests, Braziliex is a Brazilian exchange that allows users to trade between a number of different virtual currencies, as well as Brazilian Real (BRL).
Like most similar venues, Braziliex utilizes two-factor authentication (2FA) in order to reduce fraud risks. Depending on user verification, the exchange has set several daily withdrawal limits:
To sum things up, Braziliex is an exchange made by Brazilians for Brazilians: its clients are able to trade various digital currencies against their local currency (BRL), as well as to make wire transfers from and to Brazilian banks. Coin-to-coin trading is also enabled.
If you are not living in Brazil, however, this exchange will not be of much of abenefit to you, as its trading fees are comparatively high, while trading volumes on non-BRL pairs are rather poor. As we went through some community opinions shared on popular Bitcoin forums, we get the impression that many local investors prefer FoxBit (although it offers only trading in BTC/BRL) or major global exchanges like and Bitstamp or Coinbase, which offer banking services to a wide range of countries.
Braziliex is owned and operated by Braziliex Moedas Virtuais Ltda ME, a company that is not regulated, as is the case with most crypto-exchanges around the world. We remind you that you can also trade in cryptocurrency CFDs with forex brokers, just be sure to understand the differences.
|Rank||Site||Margin trading||Fiat||Safety||API||Referral||Location||Languages||Buy with||User Vote||Score|
|1||A||San Francisco, USA||EN||bank transfer, card|
|3||A||No||Hong Kong||EN||EUR, USD|
|4||No||A||Europe||EN, CZ, SK||USD, EUR|
|5||A||No||San Francisco, California, United States||EN||USD, EUR, JPY, CAD|