Exchange record
Braziliex
Brazilian centralized cryptocurrency exchange that operated from 2017 until an orderly shutdown in 2021. Braziliex announced on 2021-05-24 that it would end operations after approximately four years, citing the risks of operating in the market, stronger competition, and regulatory uncertainty in Brazil. The published wind-down schedule set 2021-06-18 as the withdrawal deadline and 2021-06-25 as the final closure date.
Key facts
URL handling
Summary
Brazilian centralized cryptocurrency exchange that operated from 2017 until an orderly shutdown in 2021. Braziliex announced on 2021-05-24 that it would end operations after approximately four years, citing the risks of operating in the market, stronger competition, and regulatory uncertainty in Brazil. The published wind-down schedule set 2021-06-18 as the withdrawal deadline and 2021-06-25 as the final closure date.
Timeline
Contemporary closure reporting states that Braziliex had operated in Brazil since early 2017 and had completed approximately four years in the market by May 2021.
Braziliex announced that it would close after four years, publishing a wind-down calendar for trading, APIs, deposits, and customer withdrawals. The operator cited operating risk, new competitors, and regulatory uncertainty in Brazil.
Braziliex's published closure calendar set 2021-06-25 as the date on which the exchange would leave the market permanently, following the customer withdrawal deadline.