Foxbit

Foxbit

3.6/5 · Data verified on

PIX free; 100+ crypto; Banco Central compliant. only Brazil; second choice vs Mercado Bitcoin. only Brazil; competition high with Mercado Bitcoin

46
Transparency: Low
46/100 · see methodology

Data & conditions

Maker / Taker fee 0.5% / 0.5%
Markets Spot
Supported assets 20+
Fiat on-ramp Yes
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries LATAM · 1+ countries
Regulator Banco Central do Brasil
OAM Italy registration No
Segment B2C
MiCA / License status BCB Brasile Banco Central Brasil

Strengths

  • PIX free; 100+ crypto; Banco Central compliant.

Weaknesses

  • Only Brazil; second choice vs Mercado Bitcoin.

Verdict

B ★ 3.6/5

PIX free; 100+ crypto; Banco Central compliant. only Brazil; second choice vs Mercado Bitcoin. only Brazil; competition high with Mercado Bitcoin

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

FAQ

What are Foxbit's fees?

On Foxbit, spot fees are maker 0.5% / taker 0.5%. They drop with monthly volume and VIP tier.

Is Foxbit regulated in Europe?

Regulatory status of Foxbit: Banco Central Brasil. Licence: BCB Brasile (BR).

Does Foxbit publish Proof of Reserves?

Proof of Reserves publication is not documented for Foxbit. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.

Can I send transfers to third-party IBANs from Foxbit?

No, Foxbit is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.

Does Foxbit support derivatives and futures?

Foxbit does not offer derivatives: it focuses on spot trading.

Sources

Update history

  1. Entry rebuilt from the v2 canonical dataset (manually verified record).

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