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Foxbit review

4.1Last reviewed 2026-08-23

Foxbit has run in Brazil since 2014, and its appeal is that you can work out what a trade costs without a spreadsheet.

Where Mercado Bitcoin and NovaDAX both price on a volume ladder that runs from 0.015 percent to 0.7 percent, Foxbit charges a flat 0.25 percent to makers and 0.5 percent to takers, whoever you are. For a buyer putting a few hundred reais in each month, a fixed 0.25 percent maker fee beats sitting at the expensive end of somebody else's ladder. For a high-volume trader, the ladder wins. Which of those you are is the whole decision.

Real withdrawals are free, which matters more than it sounds in Brazil: NovaDAX charges 1.29 percent to send your own money back to your bank, so the exit is where a cheap-looking platform can quietly become expensive.

Funding is by Pix, the instant rail every Brazilian bank already runs. The Banco Central do Brasil's virtual asset regime took effect in February 2026 and every platform serving Brazilian clients must apply for authorisation by 29 October 2026, so it is worth checking a platform's standing after that date, Foxbit included.

Visit FoxbitOpens foxbit.com.br
Founded
2014
Headquarters
Sao Paulo, Brazil
Fees
A flat 0.25 percent maker and 0.5 percent taker, with no volume ladder. Real withdrawals carry no platform fee.
KYC
Required
Payment methods
Pix, TED
Status
Operating

How you can pay on Foxbit

Every deposit rail Foxbit supports in at least one market.

Domestic bank rail
PixTED

As published by Foxbit: Pix, TED.

Pros and cons

What works

  • A flat 0.25 percent maker fee, which beats the entry tier of every volume-laddered Brazilian rival
  • No platform fee to withdraw reais, where NovaDAX charges 1.29 percent
  • Operating in Brazil since 2014, one of the longest continuous records in the market
  • Pricing you can work out in advance, with no tier to qualify for

What to watch

  • The flat 0.5 percent taker fee is expensive if you buy at market rather than posting a limit order
  • No volume discount at all, so an active trader pays more here than on a laddered platform
  • Smaller than Mercado Bitcoin, so real order books are thinner

Fees in detail

maker
0.25 percent, flat
taker
0.5 percent, flat
spread note
There is no volume ladder, so the rate you see is the rate you pay from the first trade.
deposit note
Real funding by Pix.
withdrawal note
No platform fee to withdraw reais, and bitcoin withdrawals to self-custody are supported.

Where we recommend Foxbit

Countries where Foxbit ranks in our local guide. Availability beyond these is possible but unverified by us.

Frequently asked questions

Is Foxbit cheaper than Mercado Bitcoin?

For an ordinary buyer, usually yes. Foxbit charges a flat 0.25 percent to makers where Mercado Bitcoin's ladder runs up to 0.7 percent at the entry tier. For a high-volume trader the ladder is cheaper, because it bottoms out at 0.015 percent.

What does Foxbit charge to withdraw reais?

Nothing. Real withdrawals carry no platform fee, the same as Mercado Bitcoin and unlike NovaDAX, which takes 1.29 percent of the amount you send back to your bank.

How do I pay for bitcoin on Foxbit?

By Pix, the Brazilian instant payment rail, which settles in seconds. TED bank transfers also work but are slower and rarely worth using now that Pix exists.

Worth comparing

Sources