Crypto Banks
Buy USDT in Brazil

Buy USDT in Brazil

Adrian Graham
Fact Checked
Jan 22, 2023

Summary: The best way to buy Tether (USDT) in Brazil is through a regulated platform that accepts Brazilian Real (BRL) deposits. With this method, customers can safely deposit BRL via bank transfer, debit card or credit card to buy USDT and other crypto assets.

Our top pick for investors in Brazil is OKX. They offer instant and cheap BRL deposits to buy Tether (USDT), other stablecoins and 300+ crypto assets with low fees. Their platform is secure, regulated and trusted by over 10 million users.

Table of Contents

Best Exchange to Buy USDT in Brazil

Platform Highlights

  • Instant and cheap Brazilian Real (BRL) deposits via PIX Transfer, Bank Transfer & other methods.
  • Trade & stake over 300 Cryptos (including USDT) with low fees and tight spreads.
  • Feature-rich platform with Staking, an NFT Marketplace, OKX Chain, OTC Support & more.
OKX - Brazil USDT
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How to Buy Tether (USDT) in Brazil

As outlined above, the safest and easiest way to buy USDT in Brazil is with a regulated crypto trading platform that accepts Brazilian users & BRL deposits. We recommend OKX because they are one of the largest exchanges in the world that offers instant BRL deposits from any Brazilian Bank using the PIX instant bank transfer network.

You can get started in minutes with our simple guide:

  1. Sign Up: Create an account on OKX and complete your verification.
  2. Find the Buy Page: Select the 'Buy Crypto' tab in the navigation menu.
  3. Deposit Funds: Select BRL and USDT and input the amount you want to deposit.
  4. Buy Crypto: Click 'Buy USDT' and select your payment method. We recommend using 'Foxbit' to facilitate a PIX Bank Transfer to deposit BRL onto OKX.
Buy USDT with Brazilian Real (BRL).

Is USDT Legal in Brazil?

Stablecoins, including Tether (USDT), are not yet regulated in Brazil and their legal status is still uncertain. The Central Bank of Brazil and the Securities and Exchange Commission of Brazil (CVM) have issued warnings about the risks of investing in cryptocurrencies, including stablecoins. They have also emphasized the need for a legal framework to regulate the use and trade of cryptocurrencies in the country.

What are the Fees to Buy USDT?

OKX does not charge any fees for deposits but charges a 0.20% trading fee when buying or selling USDT or other cryptocurrencies. The exact fees may vary depending on the payment method and volume of trade, so please check the 'Fees' page before placing an order.

Final Thoughts

Buying USDT on OKX is the fastest and easiest way to purchase Tether in Brazil. As one of the largest exchanges in the world, they provide access to 300+ digital assets and accept BRL deposits from all banks in the country. Be sure to complete your KYC/AML verification and read the terms & conditions before depositing funds. Finally, please understand that the Central Bank of Brazil has warned about the risks of using cryptocurrencies and proposed legislation to regulate their use.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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