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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:
- Sign Up: Create an account on OKX and complete your verification.
- Find the Buy Page: Select the 'Buy Crypto' tab in the navigation menu.
- Deposit Funds: Select BRL and USDT and input the amount you want to deposit.
- 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.
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.
