What is BitcoinToYou
BitcoinToYou stands out as one of Brazil’s earliest crypto exchanges, launching somewhere between 2010 and 2012. With around 350,000 to 400,000 users today, it offers a solid BRL fiat on-ramp and advanced tools like API and bot access, catering to more technical traders. But behind this maturity lie some gaps in transparency and fee clarity that cautious investors might question.
How it works
Most trading happens on BRL pairs like BTC/BRL, ETH/BRL, and LTC/BRL. Depositing Brazilian Real is simple via PIX, TED/DOC, cards, and even partner cash deposits, all with a zero-deposit fee policy. Withdrawals in BRL typically complete within a day, but they come with higher costs - about 1.89% plus R$9.99 flat. Spot trading fees break down as 0.25% maker and 0.6% taker. For developers and algo enthusiasts, BitcoinToYou highlights its robust API and bot support.
Where it shines
- Years of local market experience with around 400k users.
- Zero-fee BRL deposits and fast local banking integrations.
- Solid security practices including SSL, 2FA, and cold storage.
- API access and bot-friendly setup for algorithmic traders.
Where it falters
- No published proof-of-reserves or public solvency audits.
- Higher-than-average BRL withdrawal fees compared to peers.
- Unclear daily trading volume and no aggregated transparency reports.
- Mixed user reviews across platforms, citing both strong speed and occasional trust issues.
Quick metrics
- Founded: ~2010-2012
- Users: ~350,000-400,000
- Assets: BTC, ETH, LTC, USDC, USDT, BRL Coin
- Fees: Maker 0.25%, Taker 0.6%, BRL withdrawal ≈1.89% + R$9.99
- Deposit time: ~24 hours for BRL
- Volume: Not publicly consolidated
User experience
The UI is clean and fast; desktop and mobile both work smoothly. BRL gateway is straightforward, and bot/API support extends usefulness for algo users. Documentation exists but is light. Customer support quality isn’t heavily documented — no major complaints, but also few standout reviews.
Who it suits
- Brazilian traders wanting quick BRL deposits and local integration.
- Algo traders seeking API support for programmable strategies.
- Users who value long-term local presence over flashy international reach.
Who should avoid
- Anyone needing global fiat or multi-currency access.
- Risk-averse traders demanding public audits and full proof-of-reserves.
- Fee-sensitive users who want the lowest withdrawal costs possible.
Verdict
BitcoinToYou is a seasoned player in Brazil’s crypto space. It nails the local BRL on-ramp, security fundamentals, and caters to bot-friendly traders. But it lacks proof-of-reserves, shows unclear volume stats, and has relatively steep withdrawal fees. If you prioritize local operations with programmable trading, it’s still worth exploring.