You want to buy Bitcoin or Ethereum in Brazil without getting ripped off by high fees. That is exactly why BityPreço was built. It promised to be the cheapest way to trade crypto by scanning dozens of exchanges at once. But here is the catch: the landscape changed drastically in mid-2022. If you are looking for the old standalone BityPreço platform, you need to know that it no longer exists as an independent company. Instead, it merged with another major player to form a new entity called Bity. So, is this still a good option for traders in 2026? The answer depends on whether you value low entry barriers over regulatory clarity. In this review, we break down what happened to BityPreço, how the new Bity ecosystem works, and whether your funds are safe in an unregulated environment.
What Happened to BityPreço?
To understand where things stand today, you have to look back at July 2022. Before that date, BityPreço operated as a distinct cryptocurrency aggregator. Its main job was simple: connect users to over 30 different national and international exchanges to find the best price for Bitcoin (BTC) and Ethereum (ETH). In July 2022, BityPreço merged with Biscoint, another popular Brazilian marketplace. This merger created a unified company known simply as Bity. This wasn't just a rebranding; it was a consolidation of resources. Today, when you log into bitypreco.com, you are accessing part of this larger ecosystem. Your account credentials work across three distinct products now offered under one roof:
- BityPreço: The original price aggregation service.
- Bitybank: A mobile-first digital crypto bank offering advanced trading tools.
- Biscoint: The peer-to-peer marketplace acquired during the merger.
This structure means that while the brand name "BityPreço" still appears on websites and apps, the underlying infrastructure is shared. For users, this offers convenience-you register once and access all services. However, it also complicates the picture regarding regulation and security, which we will dive into next.
How the Aggregator Model Works
Most people think of a crypto exchange like Binance or Coinbase as a place where they deposit money and trade against the house or other users on a single order book. BityPreço works differently. It acts as a search engine for cryptocurrency prices. When you enter an amount to buy Bitcoin, the system doesn't just check its own liquidity pool. It scans multiple external exchanges simultaneously. This allows it to claim it offers "the cheapest Bitcoin in Brazil." By comparing prices across these connected platforms, it routes your order to the source with the best rate. This model has clear advantages for beginners who don't want to juggle multiple accounts on different global exchanges. You get access to competitive pricing without needing to understand the nuances of each individual market. However, because you are relying on third-party exchanges for execution, there is an added layer of complexity. If one of those partner exchanges goes down or changes its API, it could theoretically impact your ability to trade smoothly through the aggregator.
Fees and Supported Cryptocurrencies
Cost is usually the biggest factor for retail traders. One of the main selling points of the Bity ecosystem is its fee structure. Historically, BityPreço advertised zero trading fees. Additionally, it eliminated deposit and withdrawal fees when using specific blockchain networks like the Solana Network and Binance Smart Chain. Deposits in Brazilian Reais (BRL) were also free. The selection of cryptocurrencies has expanded since the merger but remains focused rather than exhaustive. You can trade major assets like:
- Bitcoin (BTC)
- Ethereum (ETH)
- USD Coin (USDC)
- Tether (USDT)
- Cardano (ADA)
- Solana (SOL)
The platform also supports various altcoins and tokens such as Axie Infinity (AXS), PancakeSwap, and Uniswap. While this list covers the most popular assets, it does not include the hundreds of obscure tokens found on larger global exchanges. If you are a collector of niche memecoins or early-stage projects, this might feel limiting. For mainstream investors, however, the selection is sufficient.
User Experience: Web vs. Mobile
The interface design aims to bridge the gap between total beginners and experienced traders. The web interface at bitypreco.com is straightforward, designed for quick purchases. You can even use a feature called Bix, which allows you to buy Bitcoin directly from your banking application without ever opening the Bity website. This integration is a significant advantage in the Brazilian market, where seamless banking connections are highly valued. For more active traders, the Bitybank mobile application is where the real action happens. Unlike the basic web aggregator, Bitybank provides advanced features including:
- Real-time order books
- Detailed price charts
- Stop-loss orders
- Limit orders
This dual approach ensures that casual buyers aren't overwhelmed by complex interfaces, while serious traders have the tools they need to manage risk and execute precise strategies. Desktop applications for Mac and Windows are also available via WebCatalog, though the mobile experience is generally considered the primary mode of operation for most users.
Regulatory Risks and Safety Concerns
Here is where things get tricky. When choosing a financial platform, regulation is your safety net. Unfortunately, BityPreço (and by extension, the broader Bity entity) faces scrutiny regarding its compliance status. According to monitoring services like WikiBit, the platform currently holds "no valid regulation" in many jurisdictions. It is often classified as having "medium potential risk" due to what some analysts call a "suspicious regulatory license." Compare this to global giants like Crypto.com, which heavily markets its regulatory compliance and security certifications. The lack of clear, robust regulatory oversight for Bity raises questions about user protection. If something goes wrong-whether it's a hack, a bankruptcy, or a legal dispute-your recourse might be limited compared to using a fully regulated broker. Despite these concerns, the platform claims to be the second-largest cryptocurrency player in the Brazilian market. Market share suggests trust among local users, but volume doesn't equal safety. Always remember: if a platform isn't strictly regulated, you are taking on more counterparty risk.
| Feature | Bity (formerly BityPreço) | Crypto.com | Local Bank Debit Card |
|---|---|---|---|
| Primary Function | Crypto Aggregator & P2P | Full-service Exchange | Fiat Currency Management |
| Trading Fees | Zero (on aggregator) | Variable (VIP tiers) | N/A |
| Regulatory Status | Unclear / Medium Risk | High Compliance | Highly Regulated |
| Brazilian Real Support | Yes (Free deposits) | Limited / Indirect | Native |
| Best For | Beginners seeking low cost | Global asset diversity | Everyday spending |
Is BityPreço Worth Using in 2026?
If you live in Brazil and want to dip your toes into cryptocurrency with minimal friction, the Bity ecosystem offers a compelling entry point. The ability to buy Bitcoin through your existing banking app via Bix is a game-changer for convenience. The zero-fee structure on the aggregator side helps keep costs down for small transactions. However, if you are moving large sums of money, the regulatory ambiguity is a red flag you cannot ignore. For long-term holding of significant capital, many experts recommend using platforms with clearer regulatory standing or self-custody wallets. Use Bity for easy, low-cost entry, but consider diversifying where you store your assets. Don't put all your eggs in one basket, especially when that basket lacks a strong regulatory foundation.
Is BityPreço still operating independently?
No. Since July 2022, BityPreço has merged with Biscoint to form a unified company called Bity. While the BityPreço brand and website remain active, they are part of a larger ecosystem that includes Bitybank and Biscoint.
Are there any fees for buying Bitcoin on BityPreço?
The platform historically advertises zero trading fees on its aggregator service. Additionally, there are no deposit fees for Brazilian Reais (BRL). Withdrawal fees may apply depending on the network used, though Solana and Binance Smart Chain withdrawals have often been fee-free.
Is BityPreço regulated?
Regulatory status is unclear. Monitoring sites like WikiBit classify the platform as having "no valid regulation" and assign it a medium potential risk rating. Users should exercise caution and verify current compliance status before depositing large amounts.
What is the difference between BityPreço and Bitybank?
BityPreço is primarily a price aggregator that finds the best rates across multiple exchanges. Bitybank is a mobile application that offers advanced trading features like limit orders, stop losses, and detailed charts, functioning more like a traditional digital crypto bank.
Can I buy crypto directly from my bank app using Bity?
Yes, through a feature called Bix. This allows users to purchase Bitcoin and other supported cryptocurrencies directly within their existing banking applications without needing to log into the Bity website or app separately.