BitMart

Launched in
2018
Headquartered in
Cayman Islands
Users
9 million
Trust Score
8/10  (world's #26 CEX)
Proof of Reserves
Published
Identity verification
Not mandatory
24H Trading Volume
13,981
Altcoins listed
1150+

BitMart may not be the most popular exchange, but we’re betting this is going to change in the future. It’s available and licensed in the United States, and supports local currency deposits through several different payment providers.

You can use standard ACH or SEPA bank transfers or credit cards, but also Google Pay, Apple Pay, and more. The first purchase experience on BitMart is very smooth, making it an excellent CEX to buy crypto.

With over 1000 coins listed and lucrative staking and savings returns, BitMart happens to be an excellent place for investors of various appetites. New users can grab up to a $3,000 welcome bonus.

BitMart Features Overview:

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

BitMart Fees:

 Fiat Deposit & Withdraw
 Crypto Trading
 Bonuses & Fee Discounts

BitMart supports both direct fiat deposits (cheaper fees) and third-party payment providers.

Direct deposits:

Payment MethodDeposit FeeWithdrawal FeeProcessing Time
Credit/Debit CardsCredit/Debit Cards5% Not availableInstant

Integrated fiat gateways:

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard5% (min. 10 USD)3.5% (min. 10 USD)
ACH Transfers (US/USD) ACH Transfers (US/USD)3.5% (min. 10 USD) Not available
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)3.5% (min. 10 EUR)3.5% (min. 10 USD)
Google Pay Google Pay5% (min. 10 USD) Not available
Apple Pay Apple Pay5% (min. 10 USD) Not available

More about Simplex

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard4.5%4.5%
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)1%1%
Google Pay Google Pay4.5%4.5%
Apple Pay Apple Pay4.5%4.5%
PayPal PayPal4.5%3.4%

More about MoonPay

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard1.99% Not available
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)0%0% (5% spread)
Other Bank Transfers Other Bank Transfers0% - 1.50%0% (5% spread)
Google Pay Google Pay1.99% Not available
Apple Pay Apple Pay1.99% Not available

More about Banxa

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard4.0% Not available
SWIFT Transfers (International) SWIFT Transfers (International)4.0%5.5%
Google Pay Google Pay4.0% Not available
Apple Pay Apple Pay4.0% Not available
Skrill Skrill4.0% Not available
Neteller Neteller4.0% Not available

Alchemy Pay may charge an additional 1% currency spread. This price spread is typically included with fees in the table above.

More about Alchemy Pay

Supported fiat currencies: USD, EUR, GBP, AED, ALL, AMD, ANG, AUD, AZN, BAM, BBD, BDT, BGN, BHD, BMD, BND, BOB, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CZK, DJF, DKK, DOP, EGP, GEL, GHS, GTQ, HKD, HUF, IDR, ILS, INR, IQD, ISK, JMD, JOD, JPY, KES, KGS, KHR, KRW, KWD, KYD, KZT, LKR, MAD, MDL, MKD, MNT, MOP, MUR, MXN, MYR, MZN, NAD, NGN, NOK, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, SAR, SEK, SGD, SOS, THB, TRY, TWD, TZS, UAH, UGX, UYU, VND, XOF, ZAR.

All cryptocurrency deposits to BitMart are free of deposit fees.

Crypto to crypto trading fees (default):

Market  Minimum fee (Maker)  Maximum fee (Taker) 
Spot0.09%0.1%
Futures0.02%0.06%
Margin0.1%0.1%
Low fees
Average fees
High fees
 Compare fees on all exchanges

 Native token discount available: Yes ( 25% on Spot / 25% on Futures )

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

Zero downsides, only benefits. Simply use this link or the following code during signup on BitMart:

VS7Etn

Signup bonuses amount: $3,000.00

  • 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.

BitMart Available & Restricted Countries:

 Available Countries
 Restrictions

BitMart is available in 220 countries and territories.

BitMart is not available in 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, so trading with VPNs in unsupported countries may be possible. We always recommend using CEXs legally available in your jurisdiction.

See our list of countries to find exchanges available in your territory, or view all exchanges without KYC policy enforcement.

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

  • Fiat withdrawals only through 3rd party gateways.

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 fiat deposit and withdrawal, users will need to pass KYC verification.

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

Review Score Breakdowns:

User Friendly
 

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Decentralized wallet

Features
 

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees
 

Trading 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.


Fiat deposit fees:

  • Visa/Mastercard: 5%

View all deposit & withdraw fees 

Safety
 

 Exchange launched in 2018

 Number of users: 9 million

Proof of Reserves

Highly regulated

Volume & Altcoins
 

 Number of altcoin pairs: 1150

 Last 24h trade volume (in BTC): 13,981

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