Bity (Bitybank)

Bitybank is a Brazilian cryptocurrency exchange and digital banking platform that aggregates liquidity from multiple exchanges to offer competitive rates on buying, selling, and converting digital assets. Founded in 2018, Bitybank positions itself as Brazil's first crypto marketplace—and the leading one across Latin America—by combining brokerage, peer-to-peer trading, and consumer-grade banking features into a single ecosystem. Solana (SOL) is among the 150-plus cryptocurrencies available on the platform.

Origins and Ecosystem Structure

Bitybank emerged from Biscoint, a cryptocurrency price aggregation service for the Brazilian market. In July 2022, BityPreço and Biscoint merged under the unified Bity brand, consolidating the company's two main products—a trading marketplace and a price comparison engine—into one organization led by CEO Ney Pimenta.

The Bity ecosystem spans several distinct products targeting different segments of the Brazilian market:

Bitybank is the flagship mobile application. Users buy, sell, and hold more than 150 cryptocurrencies with no commission on Express trades. The app supports limit orders, stop-loss orders, price alerts, and two-factor authentication for account security.

Bitypreço is an advanced web-based trading interface for more experienced traders. It aggregates real-time prices from more than 30 national and international exchanges—including Binance, Mercado Bitcoin, and Novadax—and routes orders to the best available offer automatically.

Biscoint is Latin America's largest peer-to-peer cryptocurrency price comparison platform. It lets users compare quotes across exchanges and execute at the best rate without maintaining separate accounts on each venue.

Bix is a simplified entry point designed to lower friction for first-time crypto buyers. Users execute purchases by making a Pix payment—Brazil's national instant payment system—to [email protected] with the tag #bix in the description. The platform converts the amount to Bitcoin without requiring the user to open the Bitybank app.

Bity Payments is a digital-dollar transfer product targeting users who need international payments without Brazil's IOF (Imposto sobre Operações Financeiras) tax that applies to traditional foreign exchange transactions.

BityCaaS (Crypto-as-a-Service) is an API-driven product for businesses that want to integrate cryptocurrency functionality—buying, selling, and custody—into their own applications.

Trading Features and Fee Structure

Bitybank's Express trading mode charges 0% commission on buy and sell operations for Bitcoin and other supported assets. Withdrawal fees and access to advanced order types vary by account tier. Users can choose between a Trader tier—suited for those who want market and limit orders—and a Banker tier that unlocks additional features.

The platform offers a Mastercard-branded crypto card in physical and digital form. Cardholders earn cashback in Bitcoin and other cryptocurrencies on purchases. Cold wallet storage is available for users prioritizing long-term custody security.

Solana on Bitybank

Solana (SOL) is listed among the more than 150 cryptocurrencies available on Bitybank. The platform has offered fee-free SOL withdrawals during periods when the low transaction cost of the Solana network makes on-chain settlement economical. Users can acquire SOL through the Express buy flow in the mobile app, through Bitypreço's aggregator—which routes to the cheapest available exchange at the time of order—or via the Bix/Pix instant purchase path for those who prefer not to manage a full exchange account.

Market Position and Partnerships

Bitybank reports over 20 billion Brazilian reais in Bitcoin transactions processed since its founding. It integrates liquidity from more than 30 exchanges, giving retail buyers access to aggregated price discovery across Brazilian and international venues.

The company has partnered with two of Brazil's most prominent financial educators:

• Bruno Perini: A major personal-finance educator who joined the Bitybank ambassador program in 2020, contributing to awareness among Brazil's retail investment community.
• Thiago Nigro ("Primo Rico"): Operator of what the platform describes as the world's largest finance YouTube channel by viewership.

Bitybank is also a member of the Circle Alliance, the partner network for the USD Coin (USDC) issuer, giving it access to Circle's stablecoin infrastructure and positioning it to offer dollar-denominated stablecoin products to Brazilian users.

Regulatory Context

As of 2026, Bitybank operates within Brazil's evolving virtual asset regulatory environment. Brazil's Central Bank (Banco Central do Brasil) is implementing new rules for virtual asset service providers (VASPs) that require minimum capital levels, asset segregation between platform and user funds, and ongoing regulatory review. Bitybank, like other Brazilian crypto platforms, is adapting to these requirements ahead of formal VASP licensing.

Summary

Bitybank is a 2018-founded Brazilian crypto exchange with a broad product ecosystem—mobile app, web aggregator, peer-to-peer marketplace, Pix-native onboarding, and business API—designed to make cryptocurrency accessible to the Brazilian mass market. Solana is one of 150-plus supported assets. The platform reports over 20 billion reais in Bitcoin volume, integrates 30-plus exchange partners, and has built reach in the Brazilian retail finance market through the Biscoint price aggregation brand, Circle Alliance membership, and influencer partnerships.