Summary: Banco Itaú doesn’t offer crypto trading directly, but its customers can transfer Brazilian Reais (BRL) to licensed exchanges for investing. This makes it easy for Itaú clients to access the digital asset market while staying within Brazil’s financial guidelines.
Bybit is a standout option. It supports fast, free BRL deposits from Itaú accounts, and gives access to over 1,000 cryptocurrencies. The platform also offers Portuguese language support and competitive fees, making it ideal for both new and experienced Brazilian investors.
- Free and instant Brazilian Reais (BRL) deposits from any bank, debit card, credit card.
- Buy 1000+ cryptocurrencies with low fees (0.1%) through spot and futures trading.
- Regulated and trusted exchange with over 20 million users worldwide.
Can I Buy Bitcoin with Banco Itau?
Yes, Banco Itaú customers can invest in Bitcoin and other digital assets by transferring Brazilian Reais (BRL) to trusted crypto exchanges. While the bank doesn’t offer direct trading, it permits secure transfers to regulated platforms.
To stay compliant with Brazilian financial rules, it’s best to use an exchange approved by local authorities. This ensures your crypto transactions remain safe, legal, and properly monitored.
How to Buy Crypto with Banco Itau
The easiest way to buy crypto with Banco Itaú is by using a trusted exchange that supports Brazilian Real (BRL) transfers. Bybit is our top pick; it offers fast BRL deposits, low fees, and access to over 1,000 cryptocurrencies.
Brazilian investors can follow these simple steps to get started:
- Create Your Account: Sign up on Bybit and complete identity verification.
- Select Payment Method: Go to the 'Buy Crypto' section and choose a payment option like Pix, bank transfer, debit card, or Apple Pay.
- Choose Currency & Asset: Pick ‘BRL’ and select the cryptocurrency you want to buy.
- Confirm the Trade: Enter your amount, review the details, and click ‘Buy’ to complete your purchase.
Banco Itau Cryptocurrency Policy
Banco Itaú doesn’t let you buy crypto directly, but it makes it easy to move your money to trusted, licensed exchanges. As long as the platform follows rules set by Brazil’s securities authority (CVM), Itaú allows transfers using secure methods like Pix and TED.
The bank takes a cautious but modern approach. It supports crypto access through compliant third parties while protecting users from fraud and unauthorized activity, which fits with Itaú’s reputation for safety and transparency.
Bybit is a strong match for Itaú customers. It offers proof-of-reserves, robust account security, and clear backing for all assets. If you're looking to enter the crypto market without compromising on trust, it’s a platform worth considering.
Digital Asset Investing Fees
Understanding the cost breakdown helps Banco Itaú clients plan smarter crypto trades. Here’s what you can expect when using an exchange like Bybit:
- Deposit Fees: BRL deposits via Pix are completely free. Other options like credit cards may carry a fee, typically up to 2%.
- Trading Fees: Bybit charges a flat 0.1% fee for each spot trade, whether you’re buying or selling.
- Withdrawal Fees: Fees vary by token. For Bitcoin, it’s usually around 0.0005 BTC per withdrawal, shown clearly before confirming.
With free BRL deposits and some of the most competitive fees on the market, Bybit is a the best option for Banco Itaú customers.
What is Banco Itau?
Banco Itaú is one of Brazil’s largest and most influential banks, with its headquarters in São Paulo. It serves millions of customers across Latin America, offering a full range of personal and business banking services.
From checking accounts to investment planning, the bank is known for its digital-first approach and user-friendly mobile platforms. Its focus on innovation keeps it ahead in Brazil’s evolving financial landscape.
Beyond banking, Itaú is deeply invested in sustainability, financial education, and community outreach, making it not just a trusted bank, but a major force for positive change in the region.
Although it doesn’t offer direct crypto services, Banco Itaú supports secure BRL transfers to licensed digital exchanges. This makes it a practical bridge for customers looking to invest in crypto while staying within Brazil’s financial regulations.
Best Alternative Crypto Exchanges for Banco Itaú Users
While Bybit is our top recommendation, Banco Itaú customers also have access to other trusted exchanges that accept BRL and operate under Brazil’s regulatory framework.
- Mercado Bitcoin: A leading Brazil-based exchange offering a wide range of tokens and strong security features. Great for both new and experienced investors.
- Binance (via P2P): Supports BRL through peer-to-peer transfers. Ideal for users seeking a global platform with advanced trading tools.
- Foxbit: One of Brazil’s longest-running platforms, known for easy BRL deposits, a clean interface, and responsive support in Portuguese.
Each of these platforms brings something different to the table, from local expertise to global reach. Just make sure your chosen exchange is registered and compliant with Comissão de Valores Mobiliários (CVM) guidelines.
Final Thoughts
Banco Itaú’s approach to crypto is clear; it doesn’t trade digital assets directly, but it allows BRL transfers to trustworthy exchanges. This ensures customers can invest securely without straying from Brazil’s financial safeguards.
Among the best options, Bybit provides a reliable experience. It combines fast BRL funding, support for over 1,000 coins, and full language support in Portuguese. It also delivers strong investor protections through cold storage and verified reserves.
If you’re an Itaú customer exploring crypto, combining your bank account with a platform like Bybit is a practical and secure way to begin.
Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.
