Coinext, NovaDAX and Digitra.com end retail crypto in Brazil ahead of the BCB deadline: what to do with your balance
Three exchanges announced the end of service to individuals in Brazil under the Central Bank's rules. Withdrawal deadlines vary, and any balance left in the account may be converted into reais automatically.
Historical reference: October 6, 2026. Published on this site on November 2, 2026. Dates in the text identify the period covered.
In this article
Key points
- NovaDAX (June), Digitra.com (August) and Coinext (September) announced the end of retail crypto in Brazil. Bitnuvem has also left, according to InvestNews.
- Each has its own schedule. On October 6, 2026, withdrawals are still open at Coinext (crypto until October 20) and Digitra.com (reais until October 19).
- Whatever is not withdrawn is converted into reais: at Coinext from October 26, and at Digitra.com after September 21, with fees passed on to the customer.
- Coinext and Digitra.com link their exit to the Central Bank of Brazil (BCB) rules, which require authorization and minimum capital of R$10.8 million to R$37.2 million, with an October 30 deadline to apply for a license.
São Paulo, October 6, 2026 — Three Brazilian crypto asset exchanges have already announced the end of their operations with individuals, under the Central Bank of Brazil (BCB) regime that has been in force since February 2 and gives companies that were already operating until October 30 to apply for authorization. NovaDAX announced its exit on June 8, Digitra.com on August 20 and Coinext on September 3. Anyone with a balance at one of them needs to know the deadlines, because whatever stays in the account will be converted into reais.
Who is leaving and why
NovaDAX attributed the decision to a strategic assessment by its controlling group, according to InfoMoney, and the article links the move to an adverse market and to the BCB's requirements, especially on capital. Digitra.com said it would not apply for authorization and pointed customers to Foxbit, reports Letsmoney. Coinext CEO José Arthur Ribeiro wrote on LinkedIn that the new regulatory reality requires a capital and operating structure different from the one the company was built to have and that none of the alternatives explored proved viable in the time available, according to Money Times.
Bitnuvem also appears among those that have left. InvestNews also cites, among the platforms that are closing or scaling back operations, Lemon, Bitso and Crypto.com's reais account, in a survey dated September 18. The article does not detail whether each one is shutting down completely.
- Minimum capital required of providers, depending on the type of service (Capital Aberto, Money Times)
- R$10.8M to R$37.2M
- Deadline for companies already operating to apply to the Central Bank for authorization
- Oct. 30
- Digitra.com customers, according to the company itself
- ~200,000
- Coinext customers, according to Trademap
- 420,000+
Each exchange's deadlines
| Exchange | Announcement | Last trades | Crypto withdrawal | Conversion and reais |
|---|---|---|---|---|
| NovaDAX | Jun 8, 2026 | Until Jun 30 | Until Aug 30 | Remaining crypto converted into reais on Sep 1; reais withdrawal remains open, with no end date published |
| Digitra.com | Aug 20, 2026 | Until Sep 8 | Until Sep 21 | Mandatory conversion from Sep 22 (reais for Brazilians, USDT for foreigners); reais withdrawal until Oct 19; shutdown planned for Oct 30 |
| Coinext | Sep 3, 2026 | Until Oct 15 | Until Oct 20 | Remaining crypto converted into reais from Oct 26; return of assets and funds until Nov 30 |
On October 6, the crypto deadlines at NovaDAX and Digitra.com have already passed. Still open are crypto withdrawals at Coinext (until October 20), reais withdrawals at Digitra.com (until October 19) and reais withdrawals at NovaDAX, which had no end date published in June. Anyone who still has a balance should check the status in the app and in each platform's notice.
What to do with your balance
- Read the official notice. Dates and rules change. The sources differ on some details of the schedules, so the platform's own notice carries more weight than any summary.
- Decide between withdrawing the crypto or selling. Withdrawing to your own wallet requires checking the address and the network. Selling and withdrawing in reais avoids address errors but locks in the day's price. For USDT, make sure the network is the same as the destination wallet's.
- Be wary of unsolicited contact. Taking advantage of the shutdown, scammers pose as support and ask for a password, code or private key. The platform never needs these.
- Keep your receipts. Statements, order history and withdrawal receipts are useful for income tax and for DeCripto, in force since July 1, 2026. Talk to your accountant.
- Migration is voluntary. Digitra.com and Coinext pointed to other platforms, but accounts are not transferred automatically and each customer goes through a new registration.
Precautions against fake-support scams are in fake support and fake crypto recovery scams, and how to check a transfer is in how to check a USDT transaction on Tronscan.
What comes before October 30
BCB Resolution No. 520 says that companies already operating must apply for authorization within 270 days and that those that do not file the application must stop virtual asset services within 30 days after the deadline (art. 88). Art. 91, rewritten by BCB Resolution No. 589 of September 23, prohibits banks and payment institutions, from November 6, from carrying out or enabling operations with providers that are not authorized to operate in the country. The exception for those in the authorization process, which was in the original text, was removed from the new wording. The overview of applications is in the BCB had only five applications 40 days before the deadline.
For those who use crypto only as a means of payment, the practical message is the same: do not leave a balance sitting on a platform that has announced its exit, and confirm the regulatory status of whoever receives your reais before each operation.
Frequently asked questions
What happens to the money on an exchange that ends operations in Brazil?
The schedules published by NovaDAX, Digitra.com and Coinext set a deadline to withdraw crypto and, after it, automatic conversion of the balance into reais, with reais withdrawal for an additional period. At Digitra.com, conversion fees are passed on to the customer. Check the platform's notice.
Why are exchanges leaving Brazil?
Coinext and Digitra.com link their exit to the Central Bank's rules in force since February 2, 2026, which require authorization and minimum capital of R$10.8 million to R$37.2 million; Digitra.com said it would not apply for authorization. NovaDAX spoke only of a strategic assessment by its controlling group, and the press links the decision to the market and to capital requirements.
Can a company that does not apply to the Central Bank for authorization keep operating?
Under BCB Resolution No. 520, a company that was already operating and does not file the application by October 30, 2026 must stop virtual asset services within 30 days. Those that file in time may keep the service until the process concludes, but from November 6, banks and payment institutions may not enable operations with providers that are not yet authorized (BCB Resolution No. 589).
Is it worth migrating to another exchange recommended by the platform that is closing?
Migration is voluntary and there is no automatic account transfer. Check the new platform's regulatory status, fees and the registration required, and do not accept an offer that arrives through contact you did not initiate.
Found it useful? Share it with anyone who pays suppliers abroad.
Sources
- Exchange de criptomoedas NovaDAX encerra operações no Brasil e dá prazo para saques · InfoMoney, Jun 9, 2026
- Digitra.com encerra o varejo cripto e indica a Foxbit · Letsmoney, Aug 24, 2026
- CEO da Coinext anuncia fim da exchange e cita questões regulatórias · Money Times, Sep 3, 2026
- Mais uma exchange cripto fecha as portas no Brasil sob nova regulação do BC · Trademap, Sep 4, 2026
- Por que tantas exchanges de criptomoedas estão fechando no Brasil · InvestNews, Sep 18, 2026
- Resolução BCB nº 520, de 10 de novembro de 2025 (arts. 88 e 91) · Banco Central do Brasil, Nov 10, 2025
- Resolução BCB nº 589, de 23 de setembro de 2026 · Banco Central do Brasil, Sep 23, 2026
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