You must hear about this crazy cryptocurrency Bitcoin. The future of money, the revolution of payment, the digital gold, slayer of capital controls, holy grail of Fintech. Now you maybe want to know more. The best way to learn is just to try it. Buy a Bitcoin, pay with it, store it in your digital wallet, watch the price rise, or go down.
But you don’t know how? If you’re new to the world of cryptocurrency, understanding exactly how bitcoin works and how and where you can buy bitcoin in Brazil is a pretty big challenge.
It is easy for someone to buy bitcoin with USD, Because there are lots of platforms support trading bitcoin with USD. But if a Brazilian want to buy BTC with Brazilian Real, it is not that easy.
But, in this article, I am going to show you the convenient and cheapest way to buy BTC with Brazilian Real(BRL).
Epay supports cryptocurrencies buy and sell in multiple ways. You can buy Bitcoin with Brazilian Real through bank transfer.
Epay Domestic wires deposit allows you to pay BRL to deposit USD through your local bank account. and then buy bitcoin with USD dollars.
The steps to buy BTC with BRL on Epay:
1.Register for an account with Epay
2.Verify your account.
3.Click “Wallet” and deposit USD, select BRL as the payment currency.
4.Transfer funds into your account.
5.Click “Cryptocurrency”
6.Enter the amount of BTC you want to buy
7.Click “Buy BTC”.
Epay allows you to buy cryptocurrencies with multi-currency through local bank account.No matter you are a new beginner or an expert, Epay is a good place for you. Except for BRL, there are near 20 other currencies supported, such as INR, AUD, EUR, USD, and so on.
Other ways to buy Bitcoin
Credit Card: Credit cards are one of the most common means of payment. But only a few direct commercial vendors accept credit cards. The reason is that Bitcoin transactions cannot be undone, while credit card transactions can be reversed. This has resulted in losses for vendors that accepted credit cards. Also, vendors risk that people buy Bitcoin with stolen credit cards. Use Bitcoins to profit from stolen credit card numbers and apply algorithms to reduce the risk.
PayPal: A few platforms accept PayPal, but most reject it for the same problems as credit cards: PayPal transactions can be easily undone, and when this is done after the buyer has transferred the acquired Bitcoin to another wallet, the vendor might lose. This is why eBay is a bad place to trade Bitcoins. But, like with credit cards, some platforms accept PayPal.
Other Payment Channels (Sofort, Perfect Money, Skrill…): The world of payment is rich with payment providers. In the EU alone you have dozens of them. Many direct exchanges support a rich collection of them. If you use a common provider, in Germany Sofort, in the Netherlands iDeal and so on, you have a good chance that your domestic direct exchange accepts it.