Mercado Bitcoin review: score, licensing and risks
68/100SCORE · CTrusted
Grade C, fair
Mercado Bitcoin is Brazil's largest crypto exchange, holding a payment institution licence and operating since 2013 without a security incident. Fees are above global venues and it serves Brazil.
The facts
- FOUNDED
- 2013
- HEADQUARTERS
- Sao Paulo, Brazil
- CUSTODY
- Custodial.
- MiCA / EEA
- Not applicable. Brazil focused.
- US ACCESS
- No.
- PROOF OF RESERVES
- No standard proof of reserves publication.
- FEES
- Around 0.3 to 0.7 percent.
- ASSETS
- 200 plus
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- The largest Brazilian venue with a payment institution licence
- Clean record
- Strong BRL rails
- Long operating history
✗ Weaknesses
- Brazil focused
- Fees higher than global venues
- Limited advanced trading
Incident history
No major security breach or regulatory action on record.
Our read
The dominant venue in Latin America's largest market, licensed as a payment institution and with a clean record.
COMPARE
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.