Binance

Offshore Pix available
Official website
Maker 0.1% Low
Taker 0.1% Low
Jurisdiction Seychelles

Operational data

Brazil CNPJ
45.165.233/0001-82
Central Bank Status
Not authorized by BCB
Accepts Pix
Yes - BRL deposit and withdrawal
Main jurisdiction
Seychelles

Fee structure

Maker limit orders Low
0.1%
Taker market orders Low
0.1%

25% discount when paying fees with BNB.

Full fee schedule
Reference scale
0% 2%

Tax regime

Offshore

Regulated as an offshore entity by Law 14,754/2023. It does not perform monthly reports via IN 1888. Any profit realized must be paid via DARF (code 8523) at a flat rate of 15%, with no minimum exemption threshold. The full responsibility for tax compliance lies with the investor.

Tax obligations

What Binance reports to the Revenue and what you need to do as an investor.

Exchange

What Binance reports

  • Annual declaration via DeC (e-Financeira)
Investor

What you need to do

  • Report to the Brazilian tax authority (Receita Federal, similar to the IRS), via e-CAC, monthly crypto operations when the total traded exceeds R$30,000 in the month. The deadline is the last business day of the following month.
  • Issue and pay DARF (code 8523) on any monthly profit realized, at a flat rate of 15%, by the last business day of the following month.

Obligations calendar

Monthly

If trades > R$30,000: declare via e-CAC next month. If there was any profit: pay DARF (code 8523) at a 15% flat rate by the last business day of the following month.

Annual (IRPF)

Declare all crypto assets in the 'Assets and Rights' section of the IRPF. Report acquisition cost, quantity, and custodian exchange.

Annual (DeC)

Binance sends an annual declaration via e-Financeira (DeC) to Brazil's tax authority with a summary of your positions. This does not replace the investor's monthly obligation to calculate and pay DARF on profits.

Frequently Asked Questions

The most common questions about operating Binance and complying with IT in Brazil.

Does Binance report to Brazil's tax authority (Receita Federal)?

Not automatically via IN 1888. Binance is classified by Law 14,754/2023 as an offshore entity. It performs an annual declaration via DeC (e-Financeira), but the investor is responsible for calculating and paying DARF monthly on any profit.

Do I need to declare operations on Binance in the IRPF?

Yes. Since Binance is offshore, you must: (1) declare all assets in the 'Assets and Rights' section of the annual IRPF; (2) monthly calculate the realized profit; (3) issue and pay DARF (code 8523) at a flat rate of 15% on any profit from the previous month, by the last business day of the following month - there is no exemption threshold for foreign exchanges.

What is Binance's CNPJ?

Binance's CNPJ in Brazil is 45.165.233/0001-82. You can check the registration status on the Brazilian tax authority (Receita Federal, similar to the IRS) portal at cnpj.receita.fazenda.gov.br.

Is Binance authorized by the Central Bank of Brazil?

No. Binance does not have formal authorization from the Central Bank of Brazil as a PSAV. This does not necessarily imply illegality - several large exchanges operate without this authorization - but it is a regulatory risk factor to consider.

Does Binance accept Pix for deposit and withdrawal?

Yes. Binance accepts Pix for operations in Brazilian Real (BRL). This facilitates deposits and withdrawals with instant settlement, without the need for TED or DOC.

What is Law 14,754/2023 and how does it affect operations on Binance?

Law 14,754/2023, in effect since January 2024, classifies crypto assets in foreign exchanges as financial investments abroad. For Binance, this means taxation at a flat rate of 15% on any monthly profit realized - without the R$35,000/month exemption applicable to domestic exchanges. The investor must calculate the profit monthly, issue DARF (code 8523), and pay the tax by the last business day of the month following the realization of the gain. Furthermore, if there is any disposal in the month, the investor must declare via GCAP and register the asset in the annual IRPF.

What changes for Binance with the new DeCripto rule in 2026?

DeCripto (IN 2.291/2025) changes the rules for foreign exchanges starting July 2026. If Binance continues to offer services to Brazilians (such as Pix deposits), it may be required to report its operations monthly to the Brazilian tax authority (Receita Federal, similar to the IRS), eliminating the current fiscal 'invisibility'. Learn all about DeCripto here →

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