foxbit review

Trading costs 0.5% on the taker side and 0.25% on the maker side, so an order that removes liquidity costs more than an order that adds it. The taker fee sits above the 0.25% median on the exchanges tracked here.

Reais deposits go through card and bank, so you can fund from a bank account or a card. Withdrawing reais to your own bank account is free, while a crypto withdrawal is charged at the dynamic blockchain network fee, which shifts with the network used.

Foxbit is registered and authorised as an electronic participatory investment platform by the Comissao de Valores Mobiliarios, while its Banco Central do Brasil authorisation as a virtual asset service provider is still in process, per Comissao de Valores Mobiliarios (CVM) registered and authorized electronic participatory investment platform under Resolucao CVM no 88/2022 and Banco Central do Brasil VASP (PSAV) authorization in process under Resolucoes BCB no 519, 520 and 521/2025. Coins are held for you rather than by you, since the account is custodial, per custodial and staking.

Foxbit lists 97 coins, above the 71.5 median for the exchanges compared here, and ranks 82 of 176 brands on that measure. Staking is available on supported holdings, per custodial and staking. The venue runs as a cex exchange, so orders are matched on the platform.

Foxbit is a Brazilian exchange, registered in Brazil and running since 2014, aimed at people who hold Brazilian reais and want crypto alongside local banking. It suits traders who accept that the platform holds their coins, and anyone who wants staking on the balance they trade, per custodial and staking.

Support runs on help centre and community, so a help centre and a community cover written questions rather than a direct line. A stuck withdrawal or a failed deposit is therefore handled in writing, which suits traders who keep records and suits less those wanting live help on the phone.

Foxbit charges 0.5% to take liquidity. That sits below eToro at 1% and Vivid Plus at 2.25%, and inside the 0.25% to 1.99% range bunq publishes for crypto trades. Price alone, then, favours Foxbit over the higher-fee venues.

Trading carries losses whatever the venue, and across the sites tracked here retail accounts lose a median of 70.15%. A custodial account adds another layer, since the platform holds the coins, per custodial and staking. Staking rewards on supported holdings are subject to the same counterparty exposure.