Buying Bitcoin in Brazil used to mean hunting for the best price across a dozen different websites. You’d check one exchange, then another, hoping you weren’t overpaying by a few percent. That was the problem BityPreço was built to solve. Launched in 2018, it didn’t act like a traditional exchange holding your money. Instead, it worked as an aggregator, scanning dozens of other platforms to find you the cheapest deal on Bitcoin or Ethereum. But here is the catch: the landscape has changed. Since merging with Biscoint in July 2022 to form a unified company called Bity, the platform has evolved significantly. Before you deposit any Real (BRL) today, you need to know exactly how this merged entity operates, where the risks lie, and whether it still offers the best value for Brazilian traders.
How BityPreço Actually Works
To understand if BityPreço is right for you, you first have to understand its business model. Most people think of a crypto exchange as a store where they buy coins directly from the platform. BityPreço is different. It functions more like a travel booking site for cryptocurrency. When you enter an amount to buy Bitcoin, the system doesn't pull from its own inventory. It queries over 30 connected exchanges simultaneously. It compares the prices available on those external platforms and presents you with the lowest option.
This aggregation model is the core reason for their marketing claim of offering "the cheapest Bitcoin in Brazil." By tapping into liquidity from multiple sources, including international venues, they can often undercut local competitors who rely solely on their own order books. However, this also means you are relying on their technology to bridge the gap between your bank account and these distant exchanges. The platform supports major assets like Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tether (USDT), Cardano (ADA), Binance Coin (BNB), and Solana (SOL). If you are looking for niche altcoins that aren't widely traded, you might find the selection limited compared to global giants like Binance or Coinbase.
The Merger: From BityPreço to Bity
A crucial detail for any user in 2026 is the corporate structure. BityPreço no longer exists as a standalone independent company. In July 2022, it merged with another Brazilian marketplace called Biscoint. The resulting entity, simply named Bity, now operates three distinct products under one roof:
- BityPreço: The original price aggregator service for finding the best rates.
- Bitybank: A mobile application that functions as a digital crypto bank, offering advanced trading features like limit orders, stop-losses, and real-time charts.
- Biscoint: The peer-to-peer marketplace acquired during the merger.
If you register for BityPreço today, you are actually signing up for the entire Bity ecosystem. Your credentials work across all three services. This consolidation was likely a move to compete better against larger global players by offering a comprehensive suite of tools rather than just a simple buying interface. For users, this means a smoother transition between simple purchases and more complex trading strategies without needing multiple accounts.
Fees and Costs: What You Really Pay
Cost is usually the deciding factor when choosing an exchange. BityPreço has historically been aggressive about transparency here. They advertise zero trading fees on the aggregation side because they don't hold the inventory themselves. More importantly for daily users, there are no deposit fees for Brazilian Reais (BRL). This makes onboarding cheap and straightforward.
However, you need to watch out for withdrawal and network costs. While deposits are free, moving your crypto out can incur fees depending on the blockchain you use. The platform eliminates fees for withdrawals using the Solana Network and Binance Smart Chain. These networks are known for low transaction costs and high speed. If you try to withdraw Bitcoin via the main Bitcoin network, standard network fees will apply, which can be significant during times of high congestion. Always check which network you are selecting before confirming a transfer to avoid unexpected deductions.
| Transaction Type | Cost | Notes |
|---|---|---|
| BRL Deposit | Free | No fees for adding Brazilian Reais to your account. |
| Crypto Purchase (Aggregation) | Zero Trading Fee | You pay the market price found by the aggregator; no extra markup from Bity. |
| Withdrawal (Solana/BSC) | Free | Network fees covered by the platform for these specific chains. |
| Withdrawal (Bitcoin/Ethereum) | Network Rate | Standard blockchain gas fees apply, which fluctuate based on network load. |
Safety and Regulatory Concerns
This is the section that requires careful attention. While BityPreço boasts impressive market penetration-claiming to be the second-largest player in the Brazilian crypto market-its regulatory standing is murky. According to monitoring services like WikiBit, the platform currently holds "no valid regulation" status. This classification carries a "medium potential risk" warning. Unlike global competitors such as Crypto.com, which heavily markets its compliance certifications and security audits, Bity’s regulatory framework is less transparent to international observers.
Why does this matter? If something goes wrong with the platform-whether it’s a technical failure, a security breach, or a legal dispute-you may have fewer avenues for recourse. The lack of clear regulatory oversight means there isn't a government body explicitly guaranteeing your funds or ensuring strict operational standards. For small amounts, this might be an acceptable trade-off for lower prices. For significant investments, the absence of robust regulatory backing is a red flag you cannot ignore. Always remember the golden rule of crypto: never invest more than you can afford to lose, especially on platforms with unclear compliance histories.
User Experience and Features
Despite the regulatory questions, the user experience is polished. The platform is designed to be accessible to beginners but powerful enough for experienced traders. The web interface at bitypreco.com is clean and intuitive. Registration is quick, often cited as taking just five minutes. Once registered, you can access the Bitybank mobile app, which unlocks advanced features.
Bitybank transforms the experience from simple buying to active trading. You get access to order books, detailed price charts, and the ability to set limit orders and stop-losses. This is vital for traders who want to automate their exit strategies or buy at specific price points rather than market rate. Additionally, the platform offers a feature called Bix, which allows users to purchase cryptocurrencies directly through their existing banking applications. This integration removes friction, letting you buy crypto without even opening the Bity website, provided your bank supports the partnership.
Who Should Use BityPreço?
BityPreço (now part of Bity) is not for everyone. It is ideal for Brazilian residents who prioritize getting the absolute lowest entry price for Bitcoin and Ethereum and who are comfortable with a platform that operates with less regulatory visibility. If you are a beginner looking for a simple way to buy small amounts of crypto with zero deposit fees, the aggregated pricing model saves you money immediately.
However, if you are an international user outside of Brazil, this platform is likely not suitable due to its focus on the local market and BRL transactions. Similarly, if you require maximum institutional-grade security guarantees and full regulatory compliance documentation, you might prefer established global exchanges despite their potentially higher fees. The platform serves a specific niche: cost-conscious Brazilian traders who value price efficiency over regulatory certainty.
Is BityPreço safe to use in 2026?
Safety depends on your definition. Technically, the platform uses secure interfaces and connects to reputable exchanges. However, from a regulatory standpoint, it lacks valid oversight according to monitors like WikiBit, carrying a medium risk rating. Users should exercise caution and avoid storing large long-term holdings on the platform without additional personal security measures.
Did BityPreço shut down?
No, it did not shut down. In July 2022, BityPreço merged with Biscoint to form a new company called Bity. The BityPreço brand and website remain active as part of this larger ecosystem, alongside Bitybank and Biscoint. Your old account credentials still work.
What cryptocurrencies can I buy on BityPreço?
The platform focuses on major assets. You can easily buy Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tether (USDT), Cardano (ADA), Binance Coin (BNB), and Solana (SOL). It also supports various tokens like Axie Infinity (AXS) and Uniswap, but the primary strength is in top-tier cryptocurrencies.
Are there hidden fees for buying Bitcoin?
There are no trading fees charged by Bity itself for the aggregation service, and BRL deposits are free. However, you must watch for network withdrawal fees. Withdrawals via Solana or Binance Smart Chain are free, but withdrawing Bitcoin or Ethereum involves standard blockchain network fees which vary based on congestion.
Can I use BityPreço outside of Brazil?
While the website may be accessible globally, the platform is optimized for the Brazilian market. Deposits are primarily in Brazilian Reais (BRL), and the banking integrations (like Bix) are tailored for Brazilian banks. International users may face difficulties with funding and regulatory compliance.