Brazil’s crypto scene just got a major upgrade. Kraken has officially integrated PIX deposits, while Crypto.com has rolled out a USD-denominated Visa Card, unlocking faster, cheaper, and more rewarding ways for Brazilians to use digital assets. As one of the best crypto exchanges in Brazil, both Kraken and Crypto.com are now positioned even better to serve the needs of local clients.
Key takeaways:
- Kraken users in Brazil can fund accounts instantly via PIX with upfront USD conversion.
- Crypto.com’s new USD Visa Card offers up to 8% cashback and zero IOF.
Kraken Launches PIX Support: Instant Deposits for Brazilian Reals
Kraken, one of the most trusted crypto exchanges globally, has added support for PIX1, Brazil’s instant payment system. This integration gives Brazilian clients a direct, fast, and reliable way to fund their Kraken accounts using Brazilian Reals (BRL). No international wire transfers, no hidden spreads, and no delays.
Now, with Kraken’s PIX integration, you can:
- Instantly deposit BRL using your bank or wallet app
- See real-time conversion to USD at transparent FX rates
- Start trading or earning within minutes
Once BRL hits your Kraken account, it’s automatically converted to USD2. The exchange rate is shown upfront, and a small 0.5% fee (including IOF tax) is applied per transaction.
Once your funds are in, Kraken gives you global reach with local convenience. You can trade over 350+ cryptocurrencies, including Bitcoin and altcoins. Staking is available in Brazil, so you can also earn rewards on assets like USDC.
All this is backed by 24/7 Portuguese support, a localized platform, and the same industry-leading security Kraken’s known for worldwide.
How to Use PIX on Kraken: Quick Step-by-Step
Getting started takes just a few minutes:
- Verify your Kraken account with a Brazilian address and CPF
- Head to the deposit page and choose BRL via PIX
- Enter your amount and generate your PIX code or QR
- Complete the transfer through your banking app
- Your BRL is instantly converted to USD and ready to use
Note: BRL withdrawals aren’t live yet, but they’re coming soon.
Crypto.com Launches USD Visa Card in Brazil
Meanwhile, Crypto.com has introduced its USD-denominated Visa Card in Brazil3, part of its Level Up experience. This card offers Brazilians a way to spend in USD globally, skip international fees, and enjoy premium perks like cashback and lounge access.
Key Features of the Crypto.com Card in Brazil:
- No IOF tax or fees on international purchases
- Spend in USD, top up easily, and shop worldwide
- Up to 8% back on spending, depending on your tier
- Airport lounge access, subscription rebates, and more
To mark the launch, Crypto.com slashed CRO staking requirements by nearly 50% for new and upgrading cardholders:
| Tier | Old Requirement | New Requirement |
|---|---|---|
| Ruby | $500 | $270 |
| Jade/Royal Indigo | $5,000 | $2,700 |
| Icy White/Rose Gold | $50,000 | $27,000 |
| Obsidian | $500,000 | $270,000 |
With this promotion, more Brazilians can unlock premium crypto rewards with less upfront cost.
Brazil: A Strategic Focus for Global Crypto Giants
Both launches highlight how Brazil is emerging as Latin America’s crypto hub. Kraken is optimizing for local infrastructure, while Crypto.com is offering global purchasing power in USD. These are two sides of the same strategy: meeting Brazilian crypto users where they are.
Get Started With Crypto in Brazil
On Kraken:
- Sign up and verify your account
- Deposit BRL using PIX
- Trade, earn, or send money globally in minutes
On Crypto.com:
- Apply for your USD Visa Card
- Stake CRO at reduced rates
- Spend smarter and earn more around the world
Whether you’re trading, earning, or spending, Brazil now has better crypto tools than ever. Take advantage while promos last and stay ahead of the curve.
