With Binance established as the largest cryptocurrency exchange in the world — and also a reference for Brazilian users — we decided to evaluate how Foxbit, a local platform, positions itself against this global standard.
We deposited the same amount in both, made purchases, tested staking, navigated the menus, and analyzed support. Below, we show what Binance delivers at each stage and how Foxbit compares — highlighting the points where it approaches, diverges, or falls behind.
The screenshots shown are in Portuguese, as the test was conducted by a Brazilian user. Throughout the text, we explain particular details of the Brazilian market, such as the use of Pix, to facilitate understanding by users from Latin America.
Main interface and navigation: Binance vs Foxbit
Binance offers a modern and smooth navigation, with fixed tabs at the bottom providing direct access to Home, Markets, Trading, Discover, and Wallet. The screen can be customized with widgets, which is useful for those managing multiple assets and products at once.
Foxbit adopts a more traditional design, with menus at the top and a sidebar with accesses like 'Order Book', 'Earn', and 'Card'. The interface resembles banking apps, which may attract beginner users. However, for those who trade frequently, navigation may seem less agile.
The main screen of Foxbit focuses on the balance in reais and quick actions like Deposit, Trade, or Transfer. Binance, on the other hand, opens with what is happening in the market: highlighted assets, news, trends.
Summary: Binance provides a more dynamic and customizable experience, designed for those who use the app consistently. Foxbit bets on a simpler structure, closer to traditional banking, ideal for those starting out.
Deposits in reais: Binance vs Foxbit
In Binance, Pix (instant payment system in Brazil) is completed in seconds and with no fees. It also accepts card and P2P transactions, ideal for moving large amounts outside of banking hours.
Foxbit also allows Pix, credit card, and even cash deposits through partners. Although the platform highlights its 'Pix Express', the focus is mainly on traditional Pix, with no fees.
Summary: Both facilitate the use of Pix. Binance stands out for adding instant P2P and cards with immediate settlement.
Consulting the market: Binance vs Foxbit
In Binance, market access includes candlestick charts with high precision, technical analysis tools, indicators, advanced orders (limit, stop-loss, OCO, iceberg), and hundreds of trading pairs with high liquidity.
In Foxbit, when entering 'Order Book', the user finds a simpler interface, with candlestick charts, recent volume, and order book. We tested BTC/BRL and the reading was clear, but with more basic functions.
Summary: Binance offers advanced tools for experienced traders. Foxbit provides a clear and practical vision, more oriented towards beginners.
Cryptocurrency purchase (test with XLM): Binance vs Foxbit
We simulated a purchase of 15 BRL in Stellar (XLM) and compared:
Binance: With the 'Convert' function, the rate was 1 BRL = 0.73636 XLM, delivering 11.0454 XLM with no commission.
Foxbit: Rate of 1 XLM = 1.3525 BRL. With a commission of 0.0558 XLM, 11.0347 XLM was received.
Summary: Although the difference was slight, Binance delivered more XLM for the same value thanks to better pricing and zero commission. At larger amounts, this advantage amplifies.
Passive income with staking: Binance vs Foxbit
Binance offers staking through Simple Earn, with dozens of tokens, flexible or locked modalities (30 to 120 days), variable APR, liquidity pools, ETH 2.0, and early access to new tokens through Launchpool. All designed to adapt the strategy to the risk profile.
Foxbit offers staking through 'Foxbit Earn'. In the test, there were tokens such as Solana (5.25% annual) and Axie Infinity (21% annual), all with flexible withdrawal. The experience is direct and accessible, although with a more limited token list.
Summary: Binance stands out for variety and customization. Foxbit facilitates entry into staking simply, although with fewer options.
Customer support: Binance vs Foxbit
Binance has 24/7 support fully integrated into the app. It starts with an intelligent bot and allows interaction with human agents in Portuguese if necessary. Access is visible from the main screen.
In Foxbit, support redirects to an external page with a generic FAQ. If the problem persists, one can only fill out a contact form. There is no chat or direct assistance from the app.
Summary: Binance offers fast, complete, and accessible support. Foxbit maintains a limited model that may frustrate those who need immediate solutions.
The advantages of Binance
Dynamic and customizable interface with quick accesses;
Varied deposit methods: Pix, card, P2P;
Advanced trading tools and high liquidity;
Commission-free conversion with favorable pricing;
Robust staking ecosystem with multiple options;
24h support within the app, with bot and human agents.
What Foxbit does well
Simple banking-style interface, ideal for new users;
Quick accesses on the main screen focused on balance in reais;
Pix Express with highlights and cash deposit option;
Clear visualization of prices and buy/sell orders;
Direct and simple staking, with attractive returns in popular tokens.
Binance vs Foxbit: Which exchange makes more sense for you?
To help you in your decision, we have compiled a table below with the main comparative points between both platforms. It summarizes their functionalities, advantages, and limitations clearly:
Ease for beginners
Binance: Powerful interface, requires initial adaptation
Foxbit: Familiar banking-style visual, ideal for beginners
Trading fees
Binance: From 0.10% (less with BNB)
Foxbit: 0.20% (taker), 0.10% (maker)
Variety of assets
Binance: +500 cryptocurrencies
Foxbit: ~50 cryptocurrencies
Deposit methods
Binance: Pix, card, P2P
Foxbit: Pix, card, cash (with partners)
Purchase of XLM (example)
Binance: 11.0454 XLM for 15 BRL – more advantageous!
Foxbit: 11.0347 XLM for 15 BRL (price + commission)
Passive income / staking
Binance: Simple Earn with dozens of tokens and flexible modalities
Foxbit: Earn with selected tokens (SOL, AXS, DOT)
Portfolio visualization
Binance: Segmented (Spot, Earn, Funds) with technical charts
Foxbit: Direct balance in BRL and access to quotes
Customer support
Binance: 24h bot in the app, visible button, human agent available
Foxbit: External FAQ, form, no chat
Differentials
Binance: Megadrop, Alpha, Wallet Web3, Copy Trading, Integration with DApps
Foxbit:Pix Express, simple interface, direct staking from the app
Binance remains the most comprehensive platform for those seeking depth, innovation, and variety in the crypto universe. With attractive fees, over 500 assets, 24-hour support, and a constantly evolving ecosystem, it is ideal for those who want to explore the market to the fullest.
Foxbit, on the other hand, performs very well as a gateway for new users in Brazil. Its user-friendly navigation, simple deposits, and accessible staking make it attractive for those who value a basic but functional experience.
Whatever your profile — beginner or advanced — here you will find the key elements to choose your exchange in 2025.
