What Coinext does

Coinext is a Brazilian-headquartered cryptocurrency exchange (Corretora de Criptomoedas) founded in 2017 in Belo Horizonte, operating as a licensed Virtual Asset Service Provider (PSAV) under Banco Central do Brasil supervision. The company serves over 420,000 retail customers in Brazil with a core product suite spanning a web trading platform (powered by TradingView), iOS/Android mobile apps with biometric authentication, and a developer API. The platform supports 50+ cryptocurrencies with claimed guaranteed liquidity through global market makers, multi-chain deposit/withdrawal support, native PIX integration for instant BRL deposits/withdrawals, and a public/partner-integrated infrastructure stack (Fireblocks for multi-signature cold-wallet custody with SOC 2/ISO/CCSS certifications, AlphaPoint for exchange engine, Figment for staking). Additional offerings include a Crypto-as-a-Service (CaaS) modular B2B API for enterprise crypto integration, Smart Wallets automated portfolio rebalancing, staking with weekly reward distributions, an affiliate program, and a co-branded Kast international Visa debit card reloadable with stablecoins.

Revenue is generated primarily through a 0.25% maximum trading commission on buy/sell transactions, supplemented by staking service fees, enterprise CaaS licensing contracts, Smart Wallets administration/performance fees, card-related transaction revenue via the Kast partnership, and asset management fees from Coinext Asset — a wholly-owned subsidiary launched in April 2024 operating multimarket crypto funds for qualified investors. The go-to-market combines product-led growth for retail (fast 5-minute KYC, self-serve onboarding) with dedicated enterprise sales for CaaS, API-first developer distribution, and community-led growth through content marketing (blog, YouTube, crypto dictionary) and an affiliate program paying R$25 plus 20% of referred users' trading fees. Coinext holds ABcripto certification with Deloitte-audited PLD/FTP compliance processes, has been awarded Best Brazilian Cryptocurrency Exchange three times, and is led by CEO José Artur Ribeiro.

Name

Coinext

Legal name

Coinext Serviços Digitais S.A.

Website

https://coinext.com.br

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Coinext is a Brazilian cryptocurrency exchange founded in 2017, serving 420,000+ retail customers with a trading platform for 50+ cryptocurrencies, staking, Crypto-as-a-Service for enterprises, and a regulated crypto fund management subsidiary.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Credit Card Issuing (52221)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)

Keywords

• Cryptocurrency exchange
• Crypto trading platform
• Digital asset custody
• Crypto staking services
• Enterprise crypto API

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Revenue model

1. Trading Commissions (Corretagem): Transaction fees charged on buy/sell operations. Maximum trading fee rate of 0.25% for both maker and taker orders. Primary revenue stream for exchange operations.
2. Staking Services: Staking service where clients delegate eligible assets to protocols via Coinext's infrastructure. Coinext retains a service fee on rewards and credits rewards weekly with flexible or locked modalities.
3. Crypto-as-a-Service (CaaS): Enterprise API licensing for businesses to integrate crypto trading, custody, and wallet functionality. Flexible monetization models for B2B enterprise clients.
4. Affiliated Debit Card (Kast Partnership): Partnership with Kast for international debit card powered by stablecoins. Revenue derived from card usage and crypto-to-fiat conversion for card reloads.
5. Smart Wallets Management: Automated portfolio management service with potential administration and performance fees charged on managed allocations, in addition to standard trading fees.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels7 records

Core offering

Coinext is a Brazilian-licensed cryptocurrency exchange that enables individuals and businesses to buy, sell, and trade more than 50 cryptocurrencies via web and mobile platforms. It offers custodial wallet services secured by Fireblocks, staking for passive income, automated Smart Wallets for portfolio rebalancing, and a Crypto-as-a-Service (CaaS) API for enterprises to embed crypto functionality into their own products.

Product overview

Coinext is a Brazilian cryptocurrency exchange (corretora de criptomoedas) offering a unified platform for buying, selling, and trading Bitcoin and 50+ cryptocurrencies, with a web trading platform, mobile app (iOS/Android), and a developer API. The product portfolio includes staking and smart wallet services for passive income, Crypto-as-a-Service (CaaS) for enterprise clients, an affiliate program, the Coinext Asset sub-brand managing crypto funds for qualified investors, and a Kast-branded international debit card for spending stablecoins globally. The platform emphasizes security certifications (SOC, ISO, ABcripto), multi-chain network support, Pix integration for fiat deposits, and TradingView-powered charting. Educational content (blog, YouTube, dictionary) and customer support in Portuguese round out the offering.

Differentiator

Problem solved

Functional benefit

Brands

• Coinext Asset: Digital asset management company offering multimarket cryptocurrency funds for qualified investors.

Products and services

• Coinext Trading Platform Coinext's core cryptocurrency exchange platform offering buy, sell, and trade services for Bitcoin and 50+ cryptocurrencies with certified wallets, guaranteed liquidity, and multi-chain support, targeted at Brazilian retail and enterprise customers.
• Coinext Mobile App (iOS/Android) Mobile application for iOS and Android enabling instant crypto purchases and sales, programmable orders (Limit and Stop-Limit), price alerts, and biometric authentication for individual Brazilian retail users.
• Coinext Web Trading Platform (Home Broker) Professional web-based trading platform featuring full TradingView charts, advanced order types (limit, stop-limit), report export, and API access, designed for active cryptocurrency traders in Brazil.
• Staking Service
• Crypto-as-a-Service (CaaS) B2B solution enabling enterprises to integrate cryptocurrency functionality (trading, custody, wallets) into their own platforms via a fully modular, ready-to-use API with flexible monetization options and single or multi-account models, targeted at Brazilian businesses.
• Coinext Developer API Developer-facing API enabling third parties and users to integrate, automate, and programmatically control crypto trading operations, including order execution, account management, and market data access, targeted at developers and trading teams.
• Affiliate Program (Indique e Ganhe) Referral program offering R$25 bonus for each referred user plus 20% of trading fees earned from referred accounts, providing an ongoing revenue share for active affiliates and partners in Brazil.
• Smart Wallets (Carteiras Inteligentes) Automated portfolio allocation and rebalancing service executing buy and sell orders based on predefined parameters and algorithms to maintain target asset composition, available to Coinext users as a managed service (not personalized investment advice).
• Kast International Debit Card (Cartão Kast + Coinext) International Visa debit card in partnership with Kast, allowing Coinext users to spend stablecoins (USDT, USDC) and other cryptos globally. The card supports Apple Pay/Google Pay, has no IOF or bank spreads, and is reloadable via the Coinext app.
• Coinext Asset Asset management subsidiary of Coinext operating a multimarket crypto fund (fundo multimercado cripto) for qualified investors in Brazil, offering professionally managed digital asset exposure.

Quantifiable outcome

• 98%+ of assets in multi-signature cold wallets
• +6 more outcomes

Segments3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• FireblockscoreTechnology or IntegrationFireblocks provides the custody infrastructure for Coinext, enabling multi-signature cold wallet storage with SOC, ISO, and CCSS certifications. Over 98% of client assets are secured via Fireblocks' platform, providing institutional-grade custody for retail and institutional clients.
• AlphaPointcoreTechnology or IntegrationAlphaPoint provides infrastructure technology for the Coinext platform, enabling the trading engine and operational systems that power the exchange's web and mobile platforms.
• FigmentcoreTechnology or IntegrationFigment provides staking infrastructure and services for Coinext's staking product, enabling clients to earn rewards on eligible assets through institutional-grade staking operations.
• KastminorGTM or Marketing PartnerCoinext partnered with Kast to offer clients an international Visa debit card reloadable with stablecoins (USDT, USDC, BTC, ETH, SOL). Users earn points via Kast platform and can reload cards directly from the Coinext app. The card enables global spending without IOF or bank spreads.
• DeloittecoreImplementation/ SI/ Consulting PartnerDeloitte audited Coinext's internal compliance (PLD/FTP) processes as part of the ABcripto certification requirements, verifying anti-money laundering and CFT controls.
• TradingViewcoreTechnology or IntegrationCoinext's web trading platform integrates TradingView charts, providing professional-grade charting tools, technical indicators, and drawing tools for active traders.
• QINV (Carteira Inteligente QINV)minorStrategic or Co-development PartnerPartnership where QINV's intelligent wallet product integrates with Coinext, delivering returns above Bitcoin in the first month of partnership. QINV's automated strategy is available through the Coinext platform.
• Partner Payment Institutions (Instituições de Pagamento)coreOthersLicensed payment institutions process BRL (Brazilian Real) deposits and withdrawals via PIX, TED, and other authorized payment methods. They handle fiat conversion and settlement for crypto-fiat transactions.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mercado Bitcoin: Largest Brazilian cryptocurrency exchange, offering spot trading, staking, lending, and tokenization. Direct competitor to Coinext in the Brazilian retail crypto market with a larger customer base and institutional backing.
• Novadax: Brazilian cryptocurrency exchange offering spot trading, derivatives, and BRL fiat on/off-ramps. Competes with Coinext in the mid-tier Brazilian crypto exchange segment, with overlapping retail and active trader segments.
• Foxbit: Long-standing Brazilian cryptocurrency exchange serving retail traders. Comparable to Coinext in product scope (spot trading, mobile app, BRL deposits via PIX) and target Brazilian retail audience.
• BitPreço: Brazilian crypto exchange known for low-fee BRL trading and broad asset coverage. Competes with Coinext for cost-sensitive Brazilian retail traders, with overlapping market-maker-driven liquidity model.

Broad incumbents

• Binance: Global crypto exchange leader operating in Brazil. Overlaps with Coinext on spot trading, staking, and fiat on/off-ramps, but with vastly deeper liquidity, broader asset coverage, and brand scale.
• Coinbase: US-headquartered publicly listed crypto exchange with selective LatAm expansion. Comparable to Coinext as a regulated retail exchange with staking and custody, but operating at vastly larger scale and product breadth.
• Kraken: Global US-based crypto exchange offering spot trading, staking, and custody. Comparable to Coinext in regulated exchange positioning and security-first architecture, though at materially larger scale.

Regional players

• Bitso: Latin America's leading crypto exchange, headquartered in Mexico with significant operations across multiple LatAm countries. Comparable to Coinext in retail crypto focus and emerging-market regulatory navigation, though geographically adjacent rather than overlapping.
• Ripio: Argentina-based LatAm crypto platform offering exchange, wallet, and DeFi services across multiple South American countries. Comparable to Coinext as a regional crypto exchange targeting Spanish-speaking retail users.
• Lemon Cash: Argentina-based crypto fintech app offering buying, selling, spending, and earning on stablecoins and crypto. Comparable to Coinext in mobile-first retail crypto positioning and stablecoin card utility, though operating in Argentina rather than Brazil.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Coinext_ofici
• YouTubeyoutube.com/@coinext
• Facebookfacebook.com/coinext
• LinkedInlinkedin.com/company/coinext/?originalSubdomain=br
• Instagraminstagram.com/coinext

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coinext