Looking for a crypto platform that understands Brazil’s market quirks? Coinext is a Brazilian cryptocurrency exchange founded in 2017 that positions itself as simple, secure, and built for Portuguese‑speaking users. With $5.4million in annual revenue (according to ZoomInfo), it isn’t a global giant, but it has enough depth to handle large trades and offers a fairly rich feature set. This review walks through what matters most - fees, security, trading options, and the overall user experience - so you can decide whether Coinext fits your crypto needs.

Key Takeaways

• Founded in 2017, Coinext caters exclusively to Brazil with full Portuguese support.
• Security relies on end‑to‑end encryption and a regulated custody partner.
• Trading fees start at 0.20% for makers and 0.30% for takers, with discounts for high volume.
• Referral program rewards both referrer and referee with R$25≈$5 in Bitcoin after the first R$100 of trades.
• Mobile app and web platform both offer real‑time charts, multi‑network transfers, and 24/7 access.

Platform Overview

Coinext’s web portal (coinext.com.br) and mobile app are both native Portuguese. The dashboard shows balances in Brazilian Real (BRL) and in each crypto asset, letting users toggle between fiat and crypto views. You can trade Bitcoin (Bitcoin), Ethereum (Ethereum), several stablecoins, and a rotating list of altcoins. All transactions-whether sending to an external wallet or transferring between Coinext accounts-use the selected blockchain network, which can help cut fees if you pick a low‑cost chain.

Security and Regulatory Compliance

Security is a top concern for any exchange. Coinext encrypts data in transit and at rest, and it stores crypto assets with a regulated custody provider that holds a licence from a major financial jurisdiction. This third‑party custodial arrangement means users don’t keep the private keys themselves, reducing the risk of loss due to phishing or device theft.

Brazilian law mandates Know‑Your‑Customer (KYC) and anti‑money‑laundering (AML) checks before you can move funds. Coinext requires a government‑issued ID, proof of address, and a selfie verification step. Once verified, you can deposit BRL via local banks, Boleto, or PIX, and you can withdraw to the same methods.

There are no publicly reported security breaches, but the lack of an independent audit means you should stay alert to market news. The platform’s compliance track record suggests it has maintained a good relationship with Brazil’s financial regulator, though the exact licence numbers aren’t disclosed.

Fees and Trading Costs

Understanding the fee structure is crucial for profitability:

Compared with other Brazilian exchanges like MercadoBitcoin (≈0.30% taker) and Foxbit (≈0.25% taker), Coinext’s rates sit in the mid‑range but the tiered discount can make it competitive for active traders.

Mobile and Web Experience

The Coinext mobile app, available for Android and iOS, mirrors the web interface closely. Real‑time price charts use the same data source, and you can set price alerts, place limit or market orders, and view order history. The app’s “Quick Trade” button lets you buy a preset amount of Bitcoin with a single tap-handy for beginners.

On the web, the platform offers advanced charting tools (candlesticks, volume, SMA, EMA) and a “Depth” view showing order book liquidity. While the UI isn’t as flashy as some global exchanges, it’s clean, intuitive, and runs smoothly on most browsers.

Referral Program and Educational Resources

Coinext’s referral system is straightforward: share your personal link, and when a friend completes R$100 in trades, both you and they receive R$25 worth of Bitcoin. Additionally, you earn a 2‑3% commission on the referred user’s trading fees for as long as they stay active. This can turn high‑volume traders into a modest side‑income source.

Education is a core pillar. The platform hosts a “Learn” hub with hundreds of articles, video tutorials, and webinars covering everything from “What is Bitcoin?” to “Advanced technical analysis”. The content is updated weekly, reflecting market trends and regulatory news in Brazil.

Pros & Cons

• Pros
  • All services in Portuguese, ideal for Brazilian users.
  • Regulated custody and solid KYC/AML compliance.
  • Reasonable fee schedule with volume discounts.
  • Active referral program that actually pays out.
  • Educational library for beginners and intermediate traders.
• Cons
  • Limited to the Brazilian market; no English support.
  • API access is basic; not suitable for high‑frequency algo trading.
  • Customer support response times can be slow during peak periods.
  • No advanced order types (e.g., stop‑limit, trailing stop) as of 2025.

How to Get Started

1. Visit coinext.com.br and click “Create Account”.
2. Enter your email, set a strong password, and accept the terms.
3. Complete the KYC flow: upload a government ID, a utility bill for address proof, and a selfie.
4. Once verified (usually within 24hours), link a Brazilian bank account or generate a PIX code to deposit BRL.
5. Navigate to the “Buy/Sell” tab, select Bitcoin or Ethereum, enter the amount, and confirm.
6. If you have a referral link, paste it during registration to claim the R$25 Bitcoin bonus.

After your first trade, explore the “Learn” section to brush up on trading strategies and consider setting up two‑factor authentication for added security.