What PagCripto does

PagCripto, operated by Virtuati Tecnologia da Informação LTDA, is a Brazilian cryptocurrency exchange platform headquartered in Caxias do Sul, Rio Grande do Sul, founded in 2018 and operating with a reported 1-10 employee headcount. The platform enables individuals and legal entities to buy, sell, swap, and transfer 14 cryptocurrencies (including BTC, ETH, USDT, USDC, BCH, LINK, DASH, DOGE, XEC, LTC, PAXG, USDP, MATIC, and TRX) via an open order book interface, complemented by an Over-The-Counter (OTC) desk offered in pre-paid and post-paid modes — the latter providing price locking with collateral-based leverage up to 100x. Fiat on- and off-ramps are integrated through the Brazilian instant payment system (PIX) and standard bank transfers (TED).

The underlying technology is a web-based exchange architecture with multi-blockchain wallet infrastructure, cold wallet custody covering approximately 90% of BTC holdings, multi-signature authentication for cold-stored assets, mandatory two-factor authentication, real-time wallet auditing with publicly visible status, SSL/TLS-encrypted communications, and a stated policy of full reserves custody. The company maintains a documented AML/CFT compliance program (PLDFT), reports transactions to Brazil's Receita Federal per IN 1888/2019, and operates with a designated Data Protection Officer under LGPD.

PagCripto generates revenue exclusively through transaction-based fees on buy, sell, swap, and OTC operations, plus a minor R$5 administrative fee on incorrect bank transfer data. Distribution is purely digital and self-serve through the pagcripto.com.br website and dashboard.virtuati.com.br portal; no marketing channels, partnerships, enterprise contracts, or external funding are disclosed. Notably, the company is currently in an operational restructuring process that has temporarily disabled deposits and trading, permitting only crypto and fiat withdrawals — a material negative signal for current revenue capacity.

Name

PagCripto

Legal name

Virtuati Tecnologia da Informação LTDA

Website

https://pagcripto.com.br

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

PagCripto is a Brazilian cryptocurrency exchange platform (Virtuati Tecnologia da Informação LTDA, founded 2018) serving retail investors and legal entities with spot trading across 14 cryptoassets and OTC services, operating on a transaction-fee model and currently in operational restructuring with only withdrawals enabled.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (523160)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)

akta.pro secondary industries

Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG), Margin Trading & Collateralized Borrowing (Exchange-Operated) (FSADAAAL)

Keywords

• Cryptocurrency exchange
• OTC trading desk
• Crypto custody
• Fiat on-ramp
• Crypto trading platform

Headquarters

HQ city

Caxias Do Sul

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Transaction Fees on Crypto Trading: PagCripto charges fees on buy, sell, and swap operations of cryptoassets conducted on its platform. Fees are automatically debited after order execution. The fee schedule is maintained on the platform and subject to change without prior notice.
2. Administrative Fee on Incorrect Bank Transfers: A R$5.00 (five reais) administrative fee is charged when clients provide incorrect banking information for transfers, covering the cost of error correction.
3. OTC Trading Fees: Fees earned from OTC (Over-The-Counter) operations, both pre-paid and post-paid modalities, where the platform intermediates larger crypto trades between users.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

PagCripto runs a Brazilian cryptocurrency exchange platform that lets users buy, sell, swap, and transfer 14 cryptoassets (including BTC, ETH, USDT, USDC, BCH, LINK, DASH, DOGE, XEC, LTC, PAXG, USDP, MATIC, TRX) via a web-based order book, with fiat on-ramp and off-ramp via PIX and TED. It also offers an Over-The-Counter (OTC) desk in pre-paid and post-paid (collateralized, up to 100x leverage) modalities for larger individual and corporate trades, with full custody of cryptoassets held in multi-signature cold wallets covering approximately 90% of Bitcoin reserves.

Product overview

PagCripto operates as a cryptocurrency intermediation platform under the Virtuati brand, offering two primary service types: (1) A standard Exchange platform with an open order book for buying, selling, and swapping cryptoassets with custody of user funds; and (2) OTC (Over-the-Counter) services in two modes — Pré Paga (prepaid) where users pay before the operation is executed, and Pós Paga (postpaid) where users lock prices first and pay afterward with collateral. The platform supports 14 cryptocurrencies including BTC, ETH, USDT, USDC, and others, and is accessible via the Virtuati Dashboard.

Differentiator

Problem solved

Functional benefit

Products and services

• Intermediação de Criptoativos (Crypto Exchange) Web-based cryptocurrency exchange letting users buy, sell, swap, and transfer 14 cryptoassets (BTC, ETH, USDT, USDC, BCH, LINK, DASH, DOGE, XEC, LTC, PAXG, USDP, MATIC, TRX) via an open order book, with custody of crypto and Brazilian Reais, fiat on/off-ramp via PIX and TED, 2FA account access, and real-time wallet auditing.
• OTC Pré Paga (OTC Pre-Paid Desk) Over-the-counter crypto trading mode in which the user prepays in Brazilian Reais before the operation closes, with bespoke pricing agreed between PagCripto and the user per transaction, settled via bank transfer (TED) or PIX. Aimed at large individual and corporate trades outside the standard order book.
• OTC Pós Paga (OTC Post-Paid Desk) Over-the-counter crypto trading mode in which the user locks the buy/sell price upfront and then transfers fiat or crypto afterward, with collateral deposited as guarantee and leverage up to 100x the collateral value. Targeted at high-volume traders needing price-lock certainty and flexible settlement.
• Virtuati Dashboard Authenticated web dashboard (dashboard.virtuati.com.br) where users log in to manage their accounts and execute the exchange and OTC services, handling crypto and BRL deposits and withdrawals.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators1 record

Recent moves4 records

Expansion highlights2 records

Regional players

• Ripio: Latin American crypto exchange and OTC desk originally from Argentina with operations in Brazil. Comparable in offering exchange + OTC + custody across multiple Latam markets, with overlapping product set to PagCripto in the Brazilian geography.
• Bitso: Latin American crypto exchange operating primarily in Mexico, Argentina, and Brazil. Provides similar BRL pairs, PIX rails in Brazil, and OTC services; relevant regional peer given PagCripto's Brazil-only footprint.

Direct peers

• Mercado Bitcoin: Brazil's largest and oldest cryptocurrency exchange, operating BRL order-book trading, custody, and OTC services for retail and institutional clients. Directly comparable to PagCripto's exchange + OTC model in the same Brazilian market with the same PIX/fiat rails.
• BitPreço: Brazilian retail-focused crypto exchange offering simple BRL-to-crypto purchases via PIX with no order book. Competes with PagCripto's retail on-ramp offering, particularly for less sophisticated users.
• Foxbit: Brazilian cryptocurrency exchange offering spot trading, order book, and OTC desk for BRL pairs. Competes head-to-head with PagCripto for Brazilian retail crypto traders using PIX for deposits and withdrawals.
• NovaDAX: Brazilian exchange offering spot trading of multiple cryptoassets against BRL with order-book and OTC services, plus tokenized assets. Direct competitor for PagCripto's retail and corporate exchange + OTC business.

Broad incumbents

• Binance: World's largest crypto exchange, with a dedicated Brazilian entity and full BRL support via PIX. While vastly larger, it competes with PagCripto for the same Brazilian retail user base and offers a much broader product suite.
• Coinbase: Global publicly listed crypto exchange offering spot trading, custody, and OTC. Operates in Brazil as a broad incumbent rather than a specialist, but competes for the same crypto-investor customer pool.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks7 records

Key highlights5 records

Customer concentration

• Xx.com/pagcripto

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 PagCripto