Overview
Mercado Bitcoin was founded in 2013 in Sao Paulo and has grown into Brazil's largest cryptocurrency exchange by trading volume and user base. The platform is operated by 2TM Group (now MB Group), which has expanded into a broader digital asset ecosystem including tokenization, a regulated digital bank, and institutional trading services. This scale and diversification have made Mercado Bitcoin the dominant player in the Brazilian crypto market.
The exchange supports a wide selection of cryptocurrencies, all paired against the Brazilian real (BRL). Users can fund their accounts through PIX, Brazil's instant payment system, or traditional bank transfers. The platform's trading interface offers both a simple mode for beginners and an advanced mode with order books, charting tools, and multiple order types. Mercado Bitcoin also provides staking, lending, and tokenized asset trading, extending its offering beyond basic spot trading.
Mercado Bitcoin operates under Brazilian regulatory oversight and has been a leading voice in shaping the country's digital asset regulatory framework. The company has attracted significant institutional investment, including a major funding round that valued it as one of Latin America's most valuable fintech companies. This financial backing has supported continued platform development, regulatory compliance, and expansion of services.
Getting Started
- Step 1: Create an account at mercadobitcoin.com.br or through the mobile app. Register with your email and CPF (Brazilian tax ID).
- Step 2: Complete identity verification by providing your personal details and uploading a government-issued ID. Verification is required before depositing or trading.
- Step 3: Deposit Brazilian reais using PIX for instant funding or a standard bank transfer. PIX deposits are processed around the clock.
- Step 4: Buy cryptocurrency using the simple buy interface or the advanced trading view. The simple mode is ideal for first-time buyers, while the advanced mode offers more control over order execution.
Pros & Cons
- Pro: Brazil's largest exchange with the highest liquidity and trading volume in the BRL market.
- Pro: Wide selection of cryptocurrencies and tokenized assets beyond what smaller Brazilian exchanges offer.
- Pro: Backed by significant institutional investment, supporting platform stability and continued development.
- Con: Focused exclusively on the Brazilian market; international users without BRL access will find limited utility.
- Con: The broader product offering (staking, lending, tokenized assets) adds complexity that may overwhelm new users.
- Con: Customer support response times have drawn criticism during peak demand periods.