Review on Braziliex by Fanuel PORPORTY

Name: Braziliex
Item: Braziliex
Rating: 3

April 05, 2020

Braziliex is owned and operated by Braziliex Moedas Virtuais Ltda ME, a company that is not regulated, as is the case with most crypto-exchanges around the world.

Braziliex is an exchange made by Brazilians for Brazilians: its clients are able to trade various digital currencies against their local currency (BRL), as well as to make wire transfers from and to Brazilian banks. Coin-to-coin trading is also enabled.
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If you are not living in Brazil, however, this exchange will not be of much of a benefit to you, as its trading fees are comparatively high, while trading volumes on non-BRL pairs are rather poor.  As we went through some community opinions shared on popular Bitcoin forums, we get the impression that many local investors prefer FoxBit (although it offers only trading in BTC / BRL) or major global exchanges like and Bitstamp or Coinbase, which offer banking services to a  wide range of countries
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Pros