Most recommended CEXs (centralized exchanges) sorted by ease of use, available features and trading fees.
Best exchanges for first time Bitcoin buy ranked by ease of use, payment options, and lowest fiat (local currency) deposit fees.
Cheapest exchanges ranked by Spot and Futures trading fees.
Exchanges with optional identity verification.
Safest exchanges based on transparency, age, regulatory approvals, and security measures.
Simply create an account using our links below to apply a permanent trading fee discount. There are no other requirements, costs or downsides for you.
Simply create an account using our links below to apply a permanent trading fee discount. There are no other requirements, costs or downsides for you.
Cexfinder is the most trusted resource for cryptocurrency exchange comparisons. Our small and independent team of experienced traders is not sponsored or influenced by any exchange mentioned. More about us
Stay updated with latest deals, events, promotions and more:
Most recommended CEXs (centralized exchanges) sorted by ease of use, available features and trading fees.
Best exchanges for first time Bitcoin buy ranked by ease of use, payment options, and lowest fiat (local currency) deposit fees.
Cheapest exchanges ranked by Spot and Futures trading fees.
Exchanges with optional identity verification.
Safest exchanges based on transparency, age, regulatory approvals, and security measures.
Simply create an account using our links below to apply a permanent trading fee discount. There are no other requirements, costs or downsides for you.
BitMart has announced it will permanently shut down its cryptocurrency exchange, with trading services ending in August 2026 and full platform operations ceasing on January 31, 2027. The unexpected decision follows months of expansion, new products, and regulatory approvals, leaving the reasons for the closure unclear.
BitMart has obtained an Australian Financial Services Licence (AFSL), bringing part of its business under Australia’s new Digital Assets Framework and significantly strengthening its regulatory credentials. The Australian approval is an important milestone that could support future expansion into tokenized assets and regulated financial products.
BitMart now offers a full suite of crypto cards, including Visa and prepaid Mastercard options for global users. From instant virtual cards without KYC to VIP Metal perks, you can spend crypto worldwide with flexibility and rewards.
Join BitMart’s event to easily earn from a 1,000,000 USDT prize pool through registration, deposits, trading, and referrals. Very easy participation with huge benefits.
Join BitMart’s Referral Festival and earn up to 60 USDT per invite by getting friends to trade. This promotion, available until June 18, 2024, offers rewards for both you and your friends.
BitMart invites all users to participate in its latest Futures Trading Competition. By joining, you can enjoy zero trading fees and stand a chance to claim rewards up to 2,530 USDT.
BitMart launches BTC Futures Trading Competition ahead of Bitcoin halving. Trade to win rewards from April 11-21, 2024. We got the scoop on the trading competition details right here.
BitMart is no longer available, as the exchange completely shut down its services in July-August 2026. Shutdown Info. This review below is for info/archival purposes only and meant for any customers still stumbling upon this exchange or any mention of it.
BitMart is a reliable, global crypto exchange known for its huge selection of cryptocurrencies, competitive trading fees, and broad range of markets. The platform supports spot and futures trading, while also offering access to traditional assets like stocks, commodities, indices, and forex. With features such as copy trading, staking, demo trading, optional KYC, and regular promotions, BitMart provides a complete experience for both beginners and active traders.
BitMart has been providing reliable crypto trading services since 2018, and features a varied altcoin selection, competitive trading fees and a great trading interface. The platform is available in most countries including United States, and supports local currency deposits through several different 3rd party payment providers.
Integrated fiat gateways let you deposit fiat through standard ACH or SEPA bank transfers or credit cards, but also Google Pay, Apple Pay, and more. Despite no free or low-fee fiat deposits, the first purchase experience on BitMart is very smooth, making it a decent alternative CEX to buy crypto.
With over 1,000 coins listed and lucrative staking and savings returns, BitMart is a good home for frequent traders and long-term investors with different risk appetites. New users can grab up to a $3,000 welcome bonus.
BitMart is a reliable medium-sized crypto exchange with all the essential features. It’s not always the best choice for first-time buyers, but its ease of use and accessibility make it a worthy alternative to some of the bigger exchanges in the market.
Our BitMart review will focus on providing more details about fiat deposits and withdrawals along with associated fees. In addition, we’ll provide an overview of BitMart’s trading options, other features, and safety concerns.
First time buyers: BitMart is not a particularly good choice for first-time investors due to lack of direct fiat deposit methods. Direct-to-exchange payments are currently only available through credit and debit cards. Users wanting to use bank transfers or other deposit methods must use integrated 3rd party payment providers (gateways). As a result, fiat deposit fees can be high. Additionally, no other beginner-friendly features such as recurring purchases or quick-conversion exist.
Casual traders: For simple investing and trading, BitMart is a very good choice. Spot trading fees are cheaper than industry average (more info further below!), and features like Copy trading and Demo trading can get beginners started with trading. Over 1,000+ altcoins is enough diversification for anyone’s portfolio.
Professional traders: For expert day traders, Futures trading fees are average, but easily and substantially reduced by using native token. The user interface and customization options are very good. Some users may also appreciate BitMart’s optional KYC policy, making it accessibly in locations where derivatives trading may normally be restricted.
Pros:
Cons:
There are three ways to buy your first cryptocurrency on BitMart:
At the moment, only credit and debit cards can be used as direct payment methods (direct meaning you’re sending money directly to BitMart). Both Visa and Mastercard are accepted, but fees are high at 6%.
If you need the simplicity of card deposits along with instant funds, you can find exchanges with cheaper card deposits, typically around 3%. Go to our Fee Comparison page, swap to the “Fiat Deposit Fees” tab, and select your payment method to see a comparison of all exchanges. Alternatively, the Fees page can also help you find other payment methods, some of which have no fees.
Users from United States can deposit USD via ACH or wire transfers. This is not available to users outside of USA.
3rd party gateways (such as Simplex, MoonPay, Banxa, Alchemy Pay, and Legend Trading) are integrated onto BitMart to let users buy crypto with dozens of different payment methods. The payment methods include cards, bank transfers, Google Pay, Apple Pay, Skrill, Neteller, and PayPal.
Through 3rd party gateways you can buy crypto with nearly any local currency, and with tons of additional local payment methods (local country banks, digital wallets or other payment services). Fees are generally between 4% and 6%, depending on fiat currency, payment method and country.
Upon successful payment through any chosen gateway, the funds will be deposited directly into your BitMart account. All the integrated services are reputable and safe, so you don’t need to worry about your funds. Their biggest downside are of course the fees (outlined above in BitMart Fees section).
BitMart does have a peer-to-peer market, but with barely any activity. At the time of our review only one seller was available. If you prefer trading through P2P, you should look for other exchanges with P2P trading.
Buying crypto with fiat on BitMart is easy:
The entire process is easy and fairly self-explanatory. Using 3rd party gateways is just as simple.
There’s two ways to get money off of BitMart: you can withdraw local currency (fiat) through gateways, or withdraw cryptocurrency assets to other exchanges or wallets.
U.S. users can withdraw USD via wires and ACH. But for international users, selling crypto and withdrawing local currencies like EUR or GBP to bank accounts or digital wallets is only available through 3rd party gateways. Hence, most withdrawal methods have high withdrawal fees.
Ideally, you should use bank transfers through Banxa or Legend Trading for lowest fees (free or less than 2%). For an exact breakdown, scroll all the way back to BitMart Fees section above.
To sell crypto for fiat, go to “Buy & Sell” in menu, choose “Third-party payments” option, and swap to the “Sell” tab. You will immediately see how much you’re getting.
All cryptocurrency deposits to BitMart are free, but withdrawals will cost. Good news: BitMart isn’t charging any expensive fees on popular assets.
We recommend using the most popular coins to withdraw such as the ones we listed above. Some tokens like Dogecoin have high withdrawal fees (17 DOGE).
Some fees can depend on current blockchain congestion. An always up-to-date withdrawal fees list can be found on BitMart’s Deposit & Withdrawal Fees page on their website.
BitMart lets users trade regular Spot, but also Margin and Futures markets. Additionally, Copy Trading is available for newbies, along with Demo trading where beginners can practice without any risks. All of this is also available in BitMart’s mobile app for trading on the move.
Spot trading is suitable for simple buying of cryptocurrency assets and long-term investment. BitMart has more than altcoins to invest in on the Spot market, a number that will satisfy even the most demanding traders who enjoy diverse portfolios.
Spot trading UI is excellent! BitMart lets you resize, move and remove any panels and allows for a high degree of customization. You can swap between two main layout formats, but everything can be customized to your liking. For less flashing and a larger TradingView chart, the Order Book and Market Trades panels can be hidden.
Trading UI is also available in dark color scheme with a single convenient click. Additionally, you can optionally enable trade fill notifications (also with sounds), or order confirmation windows.
Available order types include Limit and Market, Trigger, TP/SL, and Advanced Limit. On Spot, advanced order types such as Iceberg or TWAP are not available.
Spot trading fees on BitMart are a little bit tricky. Most exchanges have the exact same fee regardless of asset, but BitMart does things differently and separates altcoins into four categories:
By paying for fees in BMX (BitMart’s native crypto coin), you will receive a 25% fee reduction. Additional discounts are only available by holding large amounts of BMX (VIP levels).
Despite different fee tiers for different cryptos, all fees for each trading pair are displayed transparently on BitMart’s Trading Fees page.
Fee comparison with other exchanges tells us that BitMart is cheaper than industry average on Class A assets, average on Class B, and expensive on Class C and D. So to answer if BitMart is cheap for Spot trading depends on the type of cryptocurrency you intend to trade:
Comparison of deposit and trading fees on biggest crypto exchanges. Find exact fiat deposit and crypto trading fees for spot and futures markets, and learn which cryptocurrency exchanges are cheapest.Read Now
Margin trading has been discontinued1 as of July 26, 2026.
Margin Trading essentially worked similar to Spot trading, and the same UI and usability/customization options apply. By trading on Margin, you were able to apply up to 5X leverage to your positions with borrowed funds, and repay at any time.
On Futures market, BitMart has over 400 trading pairs available for trading with leverage. Nearly all trading pairs are available with USDT. Only Bitcoin and Ethereum are available with USDC-margin or Coin-margin. Also, both Cross and Isolated margin modes are available, along with One-Way and Hedge position modes.
200X leverage is available for high-cap assets like BTC and ETH. Smaller altcoins such as XRP, LTC, BNB or others have between 20X and 100X. Maximum leverage typically depends on coin’s market cap and trading volume.
And speaking of trading volumes, BitMart is typically top 15-20 in trading volume on both Spot and Derivatives trading. You won’t find issues with volume or liquidity here, and slippage is minimal even for higher sized positions.
User interface on Futures is nearly identical to Spot or Margin, with some minor differences such as liquidation sounds and notifications. Order types include Limit, Market, Trigger, Post-Only, and Trailing Stop. Of course, TP (take-profit) and SL (stop-loss) can be set up easily.
Futures trading fees start at 0.02% (minimum fee or maker orders), and go up to 0.06% (maximum fee or taker orders). Unlike Spot, same fees apply for all assets on Futures market. When compared with other CEXs, these fees are industry-average. By buying any amount of BMX (native token) and using it to pay for fees, you can reduce all fees by 25%.
Copytrading is often used by beginners who wish to try making money with crypto, but don’t know where to begin. BitMart’s Copy Trading is only available on Futures (not Spot), but a solid number of active Lead Traders can provide sufficient options for copy adventures.
You can browse Lead Traders (LTs) in multiple categories such as ROI (return on investment), total P&L (profit and loss), and others. Always remember that letting others manage your trades has risks. To increase your chances of making money, it’s crucial to do proper research and look at historical performances for each LT .
For each LT, BitMart will give you a ton of useful data including drawdown, winning and losing trades, assets under management, trading frequency, trading pairs, daily PnL, and other metrics. You can even see all current and historical positions, providing sufficient performance data to properly assess each leader.
BitMart is a centralized exchange, but the BitMart DEX allows you to trade decentralized tokens directly on the blockchain. With DEX, you can trade countless on-chain assets and latest memecoins with your Spot balances, but without having to install and manage web3 wallets.
For many investors, the ability to easily trade latest memecoins can be attractive. But for others, the xStocks section can be even more interesting. xStocks are trusted tokenized stocks living on the blockchain, which allow you to invest into Nvidia, Tesla, Circle, Apple, Google, and many other companies.
BitMart isn’t as feature-packed as some of the top exchanges in the industry. However, it still has a few features we want to specifically highlight.
BitMart has one of the best savings & staking programs for passive income out of all exchanges. It offers high 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.
Furthermore, the platform recently introduced an AMM (Automated Market Making) function. In essence, this feature lets you use your idle tokens to provide liquidity on the platform and earn a portion of the trading fees generated on those pairs. For example you can provide DOGE/USDT liquidity and earn up to 7% APY (fluctuating), which can provide higher returns compared to simple staking. The only other exchange with an AMM feature is CoinEx.
BitMart allows users to buy and sell crypto, and withdraw up to 0.06 BTC daily without submitting any documents. You will need to punch in your basic info such as name and address, but uploading documents for verification isn’t mandatory.
To access the full range of BitMart’s features including fiat deposit and withdrawal, you will need to pass full KYC verification (Level 2), which will require submitting photos of your ID document.
Keep in mind BitMart is registered in and allows customers from United States, except those from New York. No VPN required. Full (and short) list of restricted countries is available in BitMart Restricted Countries section above.
Beginners who wish to learn how to trade crypto but don’t want to risk real money can use BitMart’s Demo Trading for practice. In Demo Trading, you get the full trading experience with all the features and options as regular Futures trading.
You can claim $100,000 mock funds with no costs or restrictions, and use the money to paper trade and practice with no risk to your real portfolio. If you lose the fake USDX, you can just claim it again to continue practicing!
BitMart has both Visa and Mastercard available, but they are different. BitMart Card is a debit Visa that can be used for easy spending of cryptocurrency at any store or merchant that supports cards. You can also bind the card to Google Pay, or use it to withdraw local currency at any ATM. The BitMart Card comes in three different versions (Virtual, and physical Plastic and Metal), has competitive fees, and is available to all countries supported by BitMart, so practically worldwide.
In addition, BitMart also has a prepaid Mastercard. This card can be loaded with up to $2,000 at a time, and also works anywhere Mastercards are accepted. And here’s a twist: only basic name and address needs to be submitted for the card, and you don’t even need to provide ID documents to BitMart. For privacy-conscious users, this BitMart’s Mastercard is literally the only card available without KYC.
BitMart now offers a full suite of crypto cards, including Visa and prepaid Mastercard options for global users. From instant virtual cards without KYC to VIP Metal perks, you can spend crypto worldwide with flexibility and rewards.Read Now
Additional features include a Launchpad platform, referral and affiliate program, rewards hub, futures grid trading bots, NFT marketplace, crypto loans, and more.
BitMart is not considered the industry’s safest exchange, but we also found no red flags during our ongoing safety and security assessment of the platform. BitMart is a legitimate cryptocurrency exchange and considered safe to use.
The exchange launched in 2018, has over 500 employees2, and is currently headquartered in Cayman Islands. The company frequently participates in various blockchain conferences and events. Their current CEO Nenter Chow (appointed in April 2025) and other company executives are known and listed in various sources.
Here are some of the relevant safety and security factors:
In general, we would like to see a few more account safety features. For example, withdrawal whitelists, support for Passkeys, account lock/freeze options. trading passwords, etc. Nevertheless, existing security methods are sufficient to prevent most cases of unauthorized account usage:
One security-related “feature” that really bothers us is that BitMart simply refuses to save the account username and password in your browser. As a result, users without password management apps or social media accounts are practically forced to use simplistic and memorable passwords, which is generally an even bigger security risk.
BitMart has been live since 2018 and has been providing reliable crypto trading services since then. One major platform breach back in 2021 resulted in a large loss of funds, but no customers lost funds as exchange reimbursed losses from their own pockets.
Security concerns:
Everything else checks out. We consider BitMart to be safe for crypto trading and asset holding. During our repeated checks and years of actual use we found no issues with the exchange. Browsing through social media and external reviews reveals common complaints, but we’ve found no credible evidence that BitMart is scam or shady in any way. This is a legitimate crypto exchange with a long history and mostly positive feedback and reviews.
Due to lack of cheap or free fiat deposit methods, we don’t recommend BitMart for first-time crypto investors. However, casual or seasoned traders will find BitMart a solid medium-sized alternative exchange for reliable crypto trading on Spot, Margin or Futures markets.
BitMart is available in United States, making it one of the best trading platforms for US-based investors (KYC is required on BitMart.US localized platform, and some services like derivatives may be restricted, however). There are a few minor security concerns and BitMart isn’t as regulated or safe as some of the top trading platforms, but the exchange has been operating for over 8 years and has a fairly large user base.
BitMart doesn’t have a great deal of financial features like the big-league exchanges. The platform is best for traders looking for an alternative exchange with essential trading options. For trading, BitMart is a great choice.
