Bitunix

User Friendly
 

No bank transfer deposits

No bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 1

Ease of buying and trading: 3

Interface and user experience: 2

Education and learning: 2

Customer support: 3

Features
 

Spot trading

Futures trading

Advanced trading options: 2

No staking and savings

Airdrops and launchpools: ×

Fees
 
  • Spot Maker Fee: 0.08%
  • Spot Taker Fee: 0.1%
  • Futures Maker Fee: 0.02%
  • Futures Taker Fee: 0.06%

Additional 10% fee discount when using our referral signup link.

Additional $5,300 signup bonus when using our referral signup link.

Safety
 

 Exchange launched in 2021

Proof of Reserves

Regulatory compliance: 1

Reputation and reliability: 2

Asset safety and trust: 3

User account security: 4

Volume & Altcoins
 

 Number of altcoin pairs: 350

 Last 24h trade volume (in BTC): 52,088

Features Score: 40 / 100
2.7
Total Rating: Average
Toggle feature descriptions
Beginner friendly buying
1
Beginner features such as fiat deposits, quick convert, recurring buys, demo trading.
Ease of buying and trading
3
How easy was it to deposit, convert fiat to crypto, and execute trades on spot market.
Interface and user experience
2
Usability, design and intuitivness of the interface and light and dark color schemes.
Advanced trading options
2
Derivatives, options, stocks, margin, trading bots and other advanced trading features.
Staking and savings
0
Number of available staking assets and overall yields.
Airdrops & Launchpools
0
Frequency, value and ease of joining various airdrops and launch events.
Extra financial services
0
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
2
Amount and quality of listed altcoin trading pairs.
Regulatory compliance
1
Approvals, certificates and compliance with various agencies and institutions.
Reputation and reliability
2
Overall reputation of the exchange, user feedback and reviews, social media sentiment, trust and transparency.
Asset safety and trust
3
Use of cold wallet storage and multi-signature, user protection funds, proof of reserves, security audits, and other safety and insurance measures.
Account security
4
Availability of various account security features such as 2FA, anti-phishing codes, hardware keys, withdrawal or trading passwords.
Other products & services
0
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
2
Learning and news resources on the website, including instructional videos, articles, knowledge bases, FAQs and help center.
Customer support
3
Responsiveness and availability of customer support through different channels such as email, live chat, social media, and others.
Referral and signup bonuses
4
Benefits obtained through the use of our referral codes, including discounted fees, cash bonuses and other rewards.
CoinMarketCap Rating: 4.7/10
CoinGecko TrustScore: 7/10

Quick info:

Launched in: 2021
Based in: Saint Vincent and the Grenadines
Trust Score: 7/10 (Ranked #46)
Coins listed: 350+
Trading volume: 52,088

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 KYCDark themed interfaceLow trading fees

Restricted countries

Bitunix is not available in these 0 countries:

There are no known countries where Bitunix restricts services. Their website makes no mention of restricted countries, even about sanctioned countries such as Iran, North Korea or others. KYC is optional on Bitunix, and unverified users are allowed to withdraw up to 500,000 USDT per day.

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

Available countries

Bitunix is available in 236 countries and territories.

Trading fees

  • Spot: 0.1% taker, 0.08% maker
  • Futures: 0.06% taker, 0.02% maker

VIP rates are available, starting at 100,000 USDT traded in 30 days on Spot, or 1M USDT on Futures market, or asset holdings over 1,000 USDT.

VIP Level 30-day Spot Trading Volume(USDT) or 30-day Futures Trading Volume(USDT) or Balance(USDT) Spot Trading Fees(maker/taker) Futures Trading Fees(maker/taker)
VIP 0 100,000 or < 1,000,000 or < 1,000 0.0800% / 0.1000% 0.0200% / 0.0600%
VIP 1 100,000 or < 1,000,000 or < 1,000 0.0700% / 0.0900% 0.0200% / 0.0500%
VIP 2 500,000 or < 5,000,000 or < 10,000 0.0600% / 0.0800% 0.0160% / 0.0500%
VIP 3 800,000 or < 8,000,000 or < 50,000 0.0350% / 0.0600% 0.0140% / 0.0400%
VIP 4 2,000,000 or < 20,000,000 or < 200,000 0.0200% / 0.0500% 0.0120% / 0.0375%
VIP 5 4,000,000 or < 50,000,000 or < 1,000,000 0.0150% / 0.0450% 0.0100% / 0.0350%
VIP 6 6,000,000 or < 100,000,000 or < 2,000,000 0.0125% / 0.0375% 0.0080% / 0.0315%
VIP 7 8,000,000 or < 200,000,000 or < 3,000,000 0.0100% / 0.0325% 0.0060% / 0.0300%

Signup bonuses

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

2jzdgm

Use this referral code for permanent 10% fee discount.

Signup bonuses amount: $5,300.

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.

Pros

  • Up to $300 USDT futures bonuses for new accounts, and $5,000 USDT bonus depending on deposit amount.
  • Doesn’t appear to restrict traders in any country, and does not have mandatory KYC.
  • Industry-average trading fees, but can be reduced by 10% using our referral code.
  • Low spot but high futures trading volume.

Cons

  • Poor user experience on website and trading interface.
  • No fiat deposits or withdrawals.
  • Few trading pairs, but growing.

About Bitunix

Bitunix emerges as a promising exchange committed to providing users with convenient, secure, and intelligent financial tools. The platform offers basic crypto trading services, including crypto spot and futures trading.

Bitunix distinguishes itself by its vision to evolve into an autonomous crypto social platform. Centered around social networking and community engagement, the platform aims to bridge the gap between users, projects, and market information. This approach seeks to eliminate information barriers, fostering a transparent and open environment for crypto asset trading and management.

Security is paramount for Bitunix, especially considering the surge in security incidents within the cryptocurrency industry over the past decade. The exchange adopts bank-grade risk control measures and maintains reserves exceeding a 1:1 ratio with user assets. Cold wallet management and collaboration with third-party custodians further enhance security.

In a proactive move towards global compliance, Bitunix initiated the application for compliance licenses in numerous countries and regions, including the United States, Canada, Lithuania, Poland, and Australia. Establishing a branch office in Dubai, UCC TECHNOLOGIES L.L.C, underscores the commitment to global compliance operations, ensuring the utmost security for users’ assets.

The core team behind Bitunix comprises experts from leading cryptocurrency exchanges, analysts from top traditional financial institutions, and seasoned specialists from renowned internet giants. This diverse team brings a wealth of financial and technical expertise, with a focus on user data privacy through a stringent data privacy policy.

Bitunix’s dedication extends beyond security to continuous product exploration and service enhancement. The team remains agile in response to market changes and user needs, committed to providing 24/7 exclusive customer service. As Bitunix evolves, its unwavering commitment to security, intelligence, and community engagement positions it as a significant player within crypto brokers.

Features Score: 40 / 100
2.7
Total Rating: Average