This FAQ covers everything you need to know about biscoint, a Brazilian cryptocurrency brokerage. It explains what biscoint is, how it works, its fees, security measures, and how it compares to other platforms.

What is biscoint?

Biscoint is a Brazilian cryptocurrency brokerage that allows users to buy, sell, and trade digital assets with a focus on simplicity and security. It was founded in 2019 and is known for its user-friendly interface and competitive fees.

The platform supports popular cryptocurrencies like Bitcoin, Ethereum, and stablecoins, and it integrates with national payment systems such as Pix and bank transfers. Biscoint also offers a web platform and a mobile app, making it accessible to both beginners and experienced traders.

How does biscoint work?

Biscoint operates as a brokerage, meaning it matches buyers and sellers and takes a spread on transactions. Users can place buy or sell orders, and the platform executes them at the best available price from its liquidity providers.

  • Order types: Users can set limit or market orders.
  • Payment methods: Pix, TED, and bank slip.
  • Assets: Bitcoin, Ethereum, USDT, and more.

The platform also offers a feature called "Smart Order" that automatically splits large orders to minimize market impact.

What are the fees on biscoint?

Biscoint charges a trading fee that varies based on the user's monthly volume, starting at 0.5% and decreasing for higher tiers. There are no deposit fees for Pix, and withdrawal fees depend on the cryptocurrency.

For example, Bitcoin withdrawals incur a network fee, while stablecoin withdrawals may have a flat fee. The platform is transparent about its fee structure, which is displayed before confirming a transaction.

Is biscoint safe and secure?

Yes, biscoint is considered safe, as it employs industry-standard security measures such as two-factor authentication (2FA) and cold storage for the majority of digital assets. The company is registered with Brazil's financial authorities and complies with local regulations.

However, users are advised to enable 2FA and use strong passwords. Biscoint does not hold users' fiat funds, reducing custodial risk. In case of a hack, the platform has a security reserve to cover potential losses.

How to buy cryptocurrency on biscoint?

To buy crypto on biscoint, create an account, complete identity verification, and deposit fiat currency via Pix or bank transfer. Then, choose the cryptocurrency and amount, review the rate and fees, and confirm the purchase.

  1. Sign up and verify your identity.
  2. Add funds using Pix (instant) or bank transfer.
  3. Select the asset and enter the amount in BRL.
  4. Review the quote and click "Buy" to execute.

The purchased crypto is credited to your biscoint wallet immediately.

What are the pros and cons of biscoint?

Biscoint offers several advantages, including low fees, a simple interface, and fast Pix integration. However, it has some limitations, such as a smaller selection of cryptocurrencies compared to global exchanges.

  • Pros: Competitive fees, no deposit fees for Pix, educational resources, strong security.
  • Cons: Limited to Brazilian market, fewer altcoins, no advanced trading tools.

Overall, it is an excellent choice for Brazilian users seeking a straightforward way to buy crypto.

Biscoint vs. other Brazilian exchanges: how does it compare?

Compared to exchanges like Mercado Bitcoin or Binance Brazil, biscoint stands out for its lower fees and simpler order execution. For instance, Mercado Bitcoin charges a trading fee of up to 0.7%, while biscoint starts at 0.5%.

Biscoint also offers a unique "best price" feature that aggregates quotes from multiple liquidity providers, ensuring users get a favorable rate. However, it lacks advanced charting tools and a wide range of altcoins, which might be a drawback for active traders.

When was biscoint founded and who is behind it?

Biscoint was founded in 2019 in Brazil by a team of financial technology experts. The company is part of the Brazilian fintech ecosystem and has received backing from local investors.

The founders aimed to create a transparent and secure platform that simplifies crypto trading for the average Brazilian. Since its launch, biscoint has grown steadily and now serves thousands of customers.

What is the future outlook for biscoint in 2026?

In 2026, biscoint is likely to expand its services, possibly adding more cryptocurrencies and advanced features. The Brazilian crypto market is growing, and biscoint is well-positioned to benefit from increased adoption.

The platform may also integrate new payment methods and expand its educational content. However, competition is intensifying, so biscoint will need to innovate to maintain its edge.

Final Thoughts

Biscoint is a reliable and user-friendly brokerage for Brazilians looking to invest in cryptocurrencies. Its low fees, secure infrastructure, and easy Pix integration make it a top choice for beginners and occasional traders.

While it may not suit advanced traders seeking complex tools, it excels in simplicity and cost-effectiveness. If you are in Brazil and want to buy crypto with ease, biscoint is worth considering.

As the crypto landscape evolves, biscoint's commitment to transparency and security will likely keep it relevant. Always do your own research and consider your risk tolerance before investing.