Foxbit is one of the largest and oldest cryptocurrency exchanges in the world, operating in Brazil with trading in bitcoin, ether, litecoin, and other cryptos with the highest market cap.
FoxBit seeks to inspire people to achieve financial freedom so that they can fulfill their dreams.
FoxBit was founded in 2014 by João Canhada and Luís Augusto Schiavon. The company is headquartered in São Paulo, Brazil.
FoxBit uses technology to deliver agility, transparency, liquidity and security to its customers, providing the best trading experience for bitcoin, ethereum (ether), litecoin and trueUSD in Brazil.
Foxbit currently has over 950,000 customers. In 2020 alone, we transacted over 4 billion reais and 203,000 bitcoins were traded on our platform.
Foxbit is backed by OK Group, Bernardo Faria, and others. The company raised $21M in a Series A round on Feb 22, 2022. This brings FoxBit's total funding to $21.1M to date.