BitMart

BitMart transparent logo

Registered and available in US – Fiat deposits through bank transfers and cards – No fiat withdrawals – Lots of staking & savings assets – $3,000 welcome bonus

User Friendly
 

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 4

Ease of buying and trading: 4

Interface and user experience: 4

Education and learning: 4

Customer support: 4

Features
 

Spot trading

Futures trading

Advanced trading options: 4

Staking and savings: 4

Airdrops and launchpools: 2

Additional financial services: 1

Other products and services: 3

Fees
 
  • Spot Maker Fee: 0.09%
  • Spot Taker Fee: 0.1%
  • Futures Maker Fee: 0.02%
  • Futures Taker Fee: 0.06%

Additional $3,000 signup bonus when using our referral signup link.

Safety
 

 Exchange launched in 2018

Proof of Reserves

Regulatory compliance: 3

Reputation and reliability: 4

Asset safety and trust: 4

User account security: 5

Highly regulated

Volume & Altcoins
 

 Number of altcoin pairs: 1150

 Last 24h trade volume (in BTC): 49,922

Features Score: 68 / 100
3.6
Total Rating: Very Good
Toggle feature descriptions
Beginner friendly buying
4
Beginner features such as fiat deposits, quick convert, recurring buys, demo trading.
Ease of buying and trading
4
How easy was it to deposit, convert fiat to crypto, and execute trades on spot market.
Interface and user experience
4
Usability, design and intuitivness of the interface and light and dark color schemes.
Advanced trading options
4
Derivatives, options, stocks, margin, trading bots and other advanced trading features.
Staking and savings
4
Number of available staking assets and overall yields.
Airdrops & Launchpools
2
Frequency, value and ease of joining various airdrops and launch events.
Extra financial services
1
Crypto debit cards, fiat withdrawals, loans, P2P marketplace.
Trading fees
4
Competitiveness of trading fees compared to other exchanges, including discounted rates with our referral bonuses.
Volume and liquidity
3
Overall volume, liquidity and spreads on spot and derivatives markets.
Altcoins selection
5
Amount and quality of listed altcoin trading pairs.
Regulatory compliance
3
Approvals, certificates and compliance with various agencies and institutions.
Reputation and reliability
4
Overall reputation of the exchange, user feedback and reviews, social media sentiment, trust and transparency.
Asset safety and trust
4
Use of cold wallet storage and multi-signature, user protection funds, proof of reserves, security audits, and other safety and insurance measures.
Account security
5
Availability of various account security features such as 2FA, anti-phishing codes, hardware keys, withdrawal or trading passwords.
Other products & services
3
NFT marketplaces, copytrading, subaccounts, gift cards, trading competitions and other features.
Mobile App
4
Usability, update freqency, platforms, design and ease of trading via the mobile app.
Decentralized Wallet
0
Decentralized self-custody wallet usability, operating systems, number of assets and blockchain networks supported, DeFi options and more.
Education and learning
4
Learning and news resources on the website, including instructional videos, articles, knowledge bases, FAQs and help center.
Customer support
4
Responsiveness and availability of customer support through different channels such as email, live chat, social media, and others.
Referral and signup bonuses
2
Benefits obtained through the use of our referral codes, including discounted fees, cash bonuses and other rewards.
CoinMarketCap Rating: 6.5/10
CoinGecko TrustScore: 8/10

Quick info:

Launched in: 2018
Based in: Cayman Islands
Trust Score: 8/10 (Ranked #23)
Coins listed: 1150+
Trading volume: 49,922

Features overview:

  • Deposits: Cryptocurrency Bank cardsBank transfers
  • Beginner trading: Spot tradingMobile appCopytrading
  • Advanced trading: MarginFutures & leverageOptionsTraditional marketsTrading bots
  • Financial services: Fiat withdrawalsDebit spending cardsCrypto loansP2P tradingStaking & Earn
  • Other features: Optional KYCSignup bonusesNFT marketplaceInscriptions marketplace

Restricted countries

BitMart is not available in these 14 countries:

Afghanistan, Belarus, China, Congo - Kinshasa, Côte D’ivoire, Cuba, Iran, Iraq, Liberia, North Korea, Sudan, Syria, United Kingdom, Zimbabwe.

In addition to other countries listed above, BitMart does not service Balkans (unspecified countries), and New York. Since October 2023, the exchange also does not service NEW users from United Kingdom. Furthermore, futures trading is not available to residents of: United States, Hong Kong SAR of China, Balkans, Belarus, Belgium, Burma, Cote D'Ivoire (Ivory Coast), Crimea, Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, Netherlands, Korea (Democratic People’s Republic of), South Sudan, Syrian Arab Republic, and Zimbabwe.

BitMart does not enforce KYC (know-your-customer) policies on accounts, therefore VPN use in unsupported countries is possible.

Available countries

BitMart is available in 222 countries and territories.

Trading fees

Spot trading fees:

BitMart has a unique trading fee structure:

  • Class A (high cap altcoins) – 0.09% maker, 0.1% taker
  • Class B (medium and low market cap altcoins) – 0.2% maker and taker
  • Class C (low-cap altcoins) – 0.35% maker, 0.4% taker

Traders can get an additional 25% fee reduction if paying fees with BMX native token. Furthermore, additional discounts are available to high volume traders who also own a certain amount of BMX.

Margin trading fees:

  • Average 0.002291% initial interest rate
  • Average 0.002291% rollover interest rate (hourly)

Futures trading fees:

  • Maker: 0.02%
  • Taker: 0.06%
  • 25% fee reduction when using BMX to pay for fees

Signup bonuses

For added benefits on BitMart use the following code during signup:

VS7Etn

Signup bonuses amount: $3,000.

Referral, signup or invitation code must be used during signup/registration process. These codes are also automatically added to exchange signup links on our site.

There are never any downsides to using referral codes. Benefits can include fee discounts, deposit bonuses, cash rewards, access to exclusive events or trading competitions, or other advantages.

The referral codes allow exchanges to properly attribute users and distribute rewards, bonuses or fee discounts based on disclosed affiliate relationships. No personal data is ever shared with us.

Visit BitMart

Pros

  • Up to $3,000 welcome bonus.
  • Fully available in U.S. except New York.
  • Very good APY’s for flexible savings (10% USDT, 5% USDC, 3.5% BTC & ETH).
  • Can bring trading fees down substantially by paying with or holding native token.
  • Dozens of other lesser known altcoins available for savings that are hard to find on other exchanges.
  • 5 different fiat deposit gateways, accepting bank transfers, credit/debit cards, Google Pay, Apple Pay, and more.
  • High amount of altcoins listed, more than most exchanges.

Cons

  • No fiat withdrawals.

BitMart highlights:

Savings & Staking

BitMart has one of the best savings & staking programs for passive income out of all exchanges. It offers 10% yearly interest on USDT, even with flexible duration. You don’t need to lock your USDT or other assets to gain massive benefits, making this exchange one of the top ones for holding your unused stablecoins.

Savings on BitMart also has a few dozen low-cap altcoins which you won’t find on other exchanges. If you hold any of these altcoins long-term, BitMart can be a trusted and secure centralized exchange for your coins.

In addition to the above, staking on BitMart has dozens of popular altcoins such as SHIB, AXS, MANTA, XAI, METIS, TAO, SATS, ACE, ICP, AAVE, FET, MUBI, PYTH, KAVA, RATS, STX, TIA, INJ, RUNE, SEI, UNIBOT, PENDLE, ORDI, MATIC, SUI, PEPE, ARB, APT, BLUR, and many more.

No mandatory identity verification

BitMart allows users to buy and sell crypto, and withdraw up to 0.06 BTC daily without submitting any documents. To access the full range of BitMart’s features including trading, staking, or deposit and withdrawal limits, users will need to pass KYC verification.

BitMart basic KYC
Entering your personal info is enough to access basic features, but you will need to do KYC for advanced trading.

Keep in mind BitMart is registered in and allows customers from United States, except those from New York. No VPN required.

About BitMart:

BitMart is on a mission to provide simple and secure crypto products and services to individuals and institutions worldwide. With a vision to democratize access to cryptocurrency, BitMart aims to reshape the global economy through decentralized digital currency, fostering economic innovation, efficiency, and equality.

Led by a team of seasoned professionals from top-tier tech firms such as Amazon, Accenture, Tencent, and Alibaba, BitMart is dedicated to building a cost-efficient and user-friendly financial platform accessible to every individual across the globe. The team’s global mission underscores their commitment to accelerating the world towards a highly efficient global financial system.

At the core of BitMart’s priorities lies trust, accessibility, and professionalism. Recognizing trust as fundamental to the financial system and the decentralized token economy, BitMart prioritizes compliance, reliability, security, and customer care to deliver a seamless user experience, building trust within the cryptocurrency ecosystem.

With accessibility in mind, BitMart strives to provide a welcoming environment with smooth accessibility and a suitable entry barrier for every potential investor, making digital assets accessible and significant for all. The platform offers finely tailored services catering to both entry-level traders and professional investors, including listing numerous top-grade digital assets, providing an industrial developer platform for advanced traders, and customizing the best-fit assets management solutions for institutions of all sizes.

BitMart’s centralized exchange platform caters to over 9 million users worldwide, offering a plethora of features including staking and savings products, derivative contracts, and expanded spot trading options. For advanced crypto enthusiasts, BitMart provides futures trading and margin trading with leverage options.

Moreover, BitMart users benefit from access to major cryptocurrencies, a user-friendly interface, a comprehensive knowledge base, a secure wallet, a well-designed mobile app, and an NFT marketplace, ensuring a seamless and enriching trading experience.

Committed to security, stability, and scalability, BitMart has adopted an advanced multi-layer and multi-cluster system architecture to safeguard user assets and ensure uninterrupted service delivery. The exchange’s native investment token BMX, built on an ERC-20 standard, further strengthens its commitment to innovation and growth.

Founded in 2017 by Sheldon Xia, BitMart officially launched in March 2018. Headquartered in the Cayman Islands with offices in China, South Korea, and the United States, BitMart is registered as a Money Services Business (MSB) in the U.S., further cementing its commitment to regulatory compliance and global expansion.

With its unwavering dedication to trust, accessibility, and professionalism, BitMart continues to revolutionize the crypto trading landscape, empowering millions of users worldwide to participate in the digital economy with confidence and ease.

Features Score: 68 / 100
3.6
Total Rating: Very Good

Scroll back to: Top • Restricted countries • Available countries • Fees • Referral bonuses • Review

Find more exchanges with:

Latest BitMart News: