FlowBTC
As most entry-level services, FlowBTC also requires its clients to undergo ID verification. Actually, it has several verification levels – Silver, Gold & Platinum. The Silver account has a daily limit of 1 Bitcoin or R $ 3,000.00 for deposits or withdrawals. The Gold account has a daily limit of 5 Bitcoins or R $ 45,000.00 for deposits or withdrawals. Level 3 (Platinum) verification is only granted to clients of the exchange who already have experience as Gold users.
Apart from Bitcoin, at FlowBTC one can also buy or sell Litecoin, Ethereum and Bitcoin cash. Although this is not a coprehensive cryptocurrency portfolio, one of the most popular Brazilian exchanges, FoxBit has only listed Bitcoin and nothing else.
While crypto deposits are free of charge in many exchanges, fiat ones can be pretty salty. That is why we consider the 0.5% fee on fiat deposits at FlowBTC decent. By comparison, Mercado Bitcoin, another Brazilian exchange, charges 1.99% + 2 R$.