Brazil: sell crypto and withdraw BRL to your bank (Foxbit)
A plain walkthrough of the steps in Foxbit's own help pages (in Portuguese). Screens change, so treat the official pages linked below as the source of truth. This is not financial or tax advice.
Before you start
- Account level decides your limits. The Simple level allows R$5,000 per month in BRL deposits and withdrawals and does not yet allow crypto deposits or withdrawals. To move crypto in from elsewhere you need the Verified level (full signup, documents and liveness), with up to R$75,000 in deposits and R$300,000 in withdrawals per month.
- BRL withdrawals only go to a bank account with the same holder as your Foxbit account. Otherwise the request is cancelled.
1. Sell the crypto
- On the desktop platform: click "Comprar | Vender" in the left menu, pick the crypto, enter the amount to sell, click "Continuar", check the details and click "Confirmar venda". In the app, tap "Negociar" and follow the same steps.
- To sell with other prices or amounts, use the order book ("livro de ofertas") in the left menu.
2. Withdraw to your bank
- Foxbit's help page on BRL withdrawals describes the rules, not a click-by-click path, so follow the withdrawal screen in your account and check the bank details before you confirm. A confirmation email may be requested.
- BRL withdrawals are instant, available every day, 24 hours, and take about 10 minutes on average to reach your bank. Minimum withdrawal is R$10.
Fees, timing and limits to watch
- Fees: this calculator models the order-book market fee (0.50%) with a free BRL withdrawal. Check the fee shown on the "Comprar | Vender" screen before you confirm.
- Taxes are not included in any estimate here.