BTC
102513
TON
2.9749
ETH
2394.9
SOL
160.85
EN
RU

BitMart is a centralized cryptocurrency exchange with a wide range of markets and instruments. It was founded in 2017, and traders were able to use its services for the first time in 2018. The crypto exchange is registered in the United States. It is licensed as a money market operator (MSB). The headquarters are located in the Cayman Islands. The exchange also has offices in the US, China, and South Korea.

All traders are interested in the question of how much crypto is in BitMart. In total, more than 1.5 thousand coins are available here, including both popular variants (BTC, ETH, etc.) and new products of the crypto market. According to this indicator, BitMart exchange takes the fourth place in the ranking of CoinMarketCap. Users are offered two types of trading - spot and futures. In both cases, it is possible to use leverage. However, only cryptocurrency can be traded. Fiat is available for buying/selling coins. There is no commission for most currencies when depositing. Trading commissions are average on the market. At the same time, the exchange provides options to reduce them.

Traders at BitMart crypto exchange are offered quite a few ways to earn passive income, including steaking, copytrading, referral and affiliate programs. There are also quite a few promotions provided, thanks to which you can get additional earnings on BitMart or gifts such as airdrops. Unlike many other crypto exchanges, you will also manage to find a full-fledged NFT marketplace here.

BitMart exchange

BitMart crypto exchange rating

Total score 7.3
Commissions 7
Safety and regulation 8
Markets 9
Passive income 10
Deposit and withdrawal 7
Trading platforms 9
Analytics 3
Training 4
Customer support 4
Bonuses 10

BitMart Pros and cons

Pros
Simple interface of the website, mobile version and apps
Quick registration, possibility to choose between its several methods
High level of security due to the possibility to connect two-factor authentication
No fees for depositing most of the available coins into the account
Ability to purchase coins with a bank card, using Apple Pay, Google Pay
Possibility to buy coins with fiat funds
Large selection of cryptocurrencies and trading pairs
No minimum limit for replenishment
Market average trade commissions, availability of opportunities to reduce them
Availability of leverage in spot and futures trading
Wide range of passive income opportunities
Several bonus options for new and regular users
Cons
Mandatory verification for deposit, trading and withdrawal of funds
High commissions on withdrawal of individual coins
No possibility to replenish the account and trade with fiat funds
Lack of sections with analytical and training materials
Poor customer service

Basic information

Title BitMart
Website www.bitmart.com
Exchange type Centralized
Regulation Has a U.S. license
Commission Taker 0.06% - spot (average value), 0.06% - futures
Commission Maker 0.05% - spot (average value), 0.02% - futures
Demo account availability Absent
Minimum deposit No fixed value
Bitcoin withdrawal limits 0.06 BTC daily for simple verification, 100 BTC daily for advanced verification
Withdrawal limits USD Withdrawal in fiat is not available
Withdrawal in fiat No
Time to open an account 5 minutes
Margin leverage 3x to 100x
Markets It's about 900
Options for passive income Steaking, CopyTrading, referral and affiliate programs, pr.
Technical support language English
Withdrawal fee Depends on the selected coin - 0.001 BTC, 0.0021 ETH, 11 USDT, etc.
Replenishment methods Crypto wallets (bank cards, Apple Pay, Google Pay, Pix Payment when buying coins)
Output methods Crypto wallets (bank cards, Apple Pay, Google Pay, Pix Payment when selling coins)
Account currencies Cryptocurrencies available on the exchange
Promo Cryptocurrency sales, futures giveaway, etc.
Author of the review
Anastasia Hernandez
Anastasia Hernandez

Anastasia Hernandez is a financial consultant and analyst with over ten years of experience. She has been an active trader in the cryptocurrency market since 2018. Hernandez specializes in detailed analysis of digital currencies and development of trading strategies and investment portfolios.

BITMART COMMISSIONS AND FEES

7

The size of trading commissions, as well as deposit and withdrawal fees on BitMart can be estimated at the average market level. For example, when trading on a spot, a beginner will have to pay 0.1% commission to both the maker and taker. However, various options are available to reduce the size of commissions. These include increasing the trading volume over 30 days, as well as using BitMart's own token, BMX, for trading.

Pros
Market average spot trading commissions and the possibility of reducing them to 0% for makers and 0.02% for takers
Receive a 25% discount on the trading commission in spot when attracting BMX (exchange token) to pay the commission fee
Low (fixed) commissions for futures trading - 0.02% and 0.06% for makers and takers respectively
No commission for most cryptocurrencies when making a deposit
Possibility to buy/sell coins using fiat funds
Cons
Mandatory availability on the account of the exchange token - BMX in a certain amount to move to a new Level
High threshold for switching to PRO-level in order to reduce the trading commission - 150, 500, 2 000 BTC
Relatively high withdrawal fees - 0.001 BTC, 0.0021 ETH, etc.

BitMart users are offered very loyal conditions for depositing. Despite the fact that it is not possible to deposit funds in fiat, it is possible to deposit in cryptocurrency without commission for most coins. For example, depositing in bitcoins, ether, dogcoins, etc. will not require paying a commission fee.

When withdrawing funds from BitMart, the commission must be paid regardless of the choice of this or that coin. In some cases, this commission fee is quite large. For example, when withdrawing bitcoins, it is 0.001 BTC, which is 10 times more than many similar crypto exchanges. But, at the same time, withdraw USDT will be more favorable than at competitors, paying from 1 to 5 USDT, depending on the chosen network. Users can find out the exact withdrawal fee for each coin at the link above.

Trading commissions

Trading commissions on the BitMart exchange depend on what type of trading a trader chooses. If it is a spot, the commission will directly depend on the volume of trades that have been recorded over the last 30 days. In addition, BMX holding is mandatory. Only when moving to the PRO level (when reaching trading volumes of more than 150 BTC), the user can not use Token BitMart, but only focus on their trading volumes. Below in the table you can familiarize yourself with the commission changes at each of the levels.

Level BMX balance Trading volume (30 days) Maker's commission* Taker's Commission*
LV1 ≥ 0 <150 BTC 0,1% 0,1%
LV2 ≥ 500 <150 BTC 0,09% 0,1%
LV3 ≥ 2 000 <150 BTC 0,08% 0,09%
LV4 ≥ 10 000 <150 BTC 0,07% 0,09%
LV5 ≥ 50 000 <150 BTC 0,06% 0,08%
LV6 ≥ 100 000 <150 BTC 0,05% 0,06%
LV7 ≥ 200 000 <150 BTC 0,04% 0,05%
LV8 ≥ 500 000 <150 BTC 0,03% 0,05%
LV9 ≥ 1 000 000 <150 BTC 0,03% 0,04%
PRO1 - ≥ 150 BTC 0,02% 0,03%
PRO2 - ≥ 500 BTC 0,015% 0,025%
PRO3 - ≥ 2 000 BTC 0% 0,02%
*Data are at the time of writing the review

If a trader pays the commission in the exchange token (BMX), he receives an additional discount of 25%. It should be taken into account that this discount is not valid for PRO-level holders.

Within BitMart futures trading, the commission is fixed:

  • 0.02% for makers;
  • 0.06% for takers.

In this case, no trade commission rebates are available.

Average commission compared to competitors*

BitMart Binance HTX (Huobi)
Taker 0.06% 0.06% 0.09%
Maker 0.05% 0.05% 0.08%
*For spot trading - excluding discounts for exchange tokens

Such data confirms that the level of trading commission of the BitMart cryptocurrency exchange is indeed in line with the average. It is worth noting that now some crypto exchanges offer zero commission in the framework of spot or futures trading. However, they are often not ready to provide the proper level of security to their clients. That is why it is important to pay attention not only to the size of commission fees, but also to other parameters.

Speaking about the deposit and withdrawal fees, it is important to note that here everything depends on a competent choice of currency - in some cases, commission fees can be more favorable than on top crypto exchanges.

Margin lending

BitMart users can use leverage in both spot and futures trading. The size of leverage differs. In spot trading, it is possible to attract no more than 5x leverage. As for futures, up to 100x is available. It is important to take into account that when using leverage there is an additional commission. It is 0.002291% for most cryptocurrencies. In some cases, the value will be different - for example, for AVAX - 0.003333%, for CAKE - 0.005%, etc. These will be both the initial interest rate and the hourly rate when transferring an open position.

Reliability and regulation

8

Cryptocurrency exchange BitMart on its website provides information that the resource is reliable and safe due to the use of risk control system in the market, as well as the involvement of hot and cold wallets, multi-signature technology. However, it was not possible to find information about registration or licensing on the exchange resource itself. At the same time, coinmarketcap.com provides data that the crypto exchange is registered in the United States as a money market operator (MSB).

You can also learn about whose exchange BitMart is. It was founded by IT specialist Sheldon Xia, and now the company is headquartered in the Cayman Islands. Can BitMart be trusted based on such information? This question remains open. And each trader should answer it on his own, taking into account all possible risks.

An important feature is that the BitMart cryptocurrency exchange provides for mandatory verification. On the one hand, this somewhat complicates the process of registration and trading, because you can make your first deposit only after confirming your identity. In a number of reviews about BitMart exchange, customers evaluate this fact as a disadvantage. But on the other hand, using the services of the exchange is safer compared to resources that do not provide for mandatory KYC at the initial stages. Also, each user can connect two-factor authentication, which will help to increase the protection of the personal account.

Markets and products

9

The crypto exchange offers a very wide range of products for its users. In terms of the number of cryptocurrencies, it is among the top 4 on the market, providing access to 1,500 coins and more. In addition, traders can choose different trading options - spot (with or without leverage), futures. Futures trading provides users with more than 100 options for open-ended contracts.

Pros
Access to different trading options - spot and futures
Availability of leverage for spot trading - up to 5x and for futures trading - up to 100x
Wide range of trading pairs
Ability to trade using the BMX exchange token
Availability of different order types - limit, market, trigger (stop limit, extended limit)
Cons
Not all of the coins offered are actually solicited for bidding
No possibility to trade using fiat
BitMart Markets
BitMart Exchange Binance HTX (Huobi)
Total number of cryptocurrencies* 1500+ (haggling 737) 388 606
Total number of trading pairs* 893 1714 792
Bitcoin Yes Yes Yes
Etherium Yes Yes Yes
Altcoins Yes Yes Yes
Futures Yes Yes Yes
Cryptocurrency funds (a basket of cryptocurrencies in one lot) No No No
NFT Yes Yes Yes
*The information is current at the time of writing this review

In terms of the number of available markets, BitMart exchange takes 7th place in the CoinMarketCap ranking. Users are offered a very wide range of popular trading pairs, such as BTC/USDT, ETH/USDT, LOVELY/USDT and so on. In addition, it is possible to choose less popular options, which often turn out to be very promising. Users can also prefer trading pairs that include a crypto exchange token, such as BMX/USDT and others.

Cryptocurrencies (spot)

Within spot trading, traders can choose from a large number of trading pairs. All of them provide for the presence of any of these currencies - USDT, BTC, ETH, as well as ALTS, including DOGE, XRP and others. For example, it can be such currency pairs as AVAX/USDT, MATIC/BTC or LINK/ETH. Trading using a crypto exchange token is also available. In this case, the options of trading pairs are represented by BMX/ETH, BMX/BTC, etc.

It is worth considering that on the BitMart exchange website, you can find a lot of little-known coins. This is obvious, as the total number of cryptocurrencies is quite impressive. However, you should not attract them to trade without familiarizing yourself with the features. Despite their presence, there is a risk that such coins will be unclaimed for a long period of time. That is why you should familiarize yourself with the schedule and current offers in advance, and after that make a decision and choose one or another trading pair.

Leverage is available for a number of trading pairs. For example, for BTC/USDT you can leverage 5x, for MAV/USDT - 3x, for TRX/ETH - 3x, etc. There are currency pairs where leverage cannot be used.

Cryptocurrencies (futures)

The available futures options on this crypto exchange are USDT-M and COIN-M. We can highlight a number of options that turned out to be the most popular at the time of writing this review. These are BTCUSDT, ETHUSDT, STORJUSDT, LTCUSDT, etc.

It is obvious that the number of offers within futures trading is inferior to spot. However, an undeniable advantage is available - the possibility of using leverage up to 100x. Although trading with the use of borrowed funds is risky, it can bring a very good profit if the trader does not have enough capital of his own.

Markets and products

Despite such a variety of coins and trading pairs, the BitMart cryptocurrency exchange cannot use fiat funds for trading. If the user cannot deposit coins, he can use the buy/sell koins service. At the same time, dollars, euros and pounds sterling can be deposited. Coins can also be purchased using various cryptocurrencies.

Markets and products

Passive income on BitMart exchange

10

The BitMart crypto exchange offers quite a few ways to generate passive income. Users should immediately familiarize themselves with such offers, but it is very important to study their terms and conditions in order to get the maximum benefit. We are talking about the following passive income options:

  • Copytrading. This option can be considered one of the easiest and most accessible. All you have to do is copy the trades made by other, more experienced traders. In this case, you can estimate the coefficient of their winnings, as well as ROI for the last week. At the same time, the user does not need to monitor the progress of the trades - all the processes are automatic.
  • BitMart Savings. With the help of this service, users can earn by simply saving assets on their balance. It is important to take into account that not all cryptocurrencies are supported. The exact list can be found at https://www.bitmart.com/earn. In addition, it is on this page that you will be able to subscribe to the holding of this or that coin. It is important to note that this service is not available on the territory of the United States, as well as residents of this country.
  • Staking. Within the framework of this service, users can block a certain amount of their assets and receive interest from it in the future. No additional actions or investments are required. The interest is calculated every 24 hours. It is also important to take into account that if you choose a floating term steaking, you will be able to withdraw funds at any time. But if a trader chooses a fixed option, he will have to wait until the end of the term.
  • Bi-currency investments. This trading option allows you to earn on the price difference when using two types of cryptocurrencies. However, it is important to keep in mind that this is a floating income option that has no guarantees.
  • Referral Program. By inviting friends, users can receive up to 40% of their commission spend. It does not matter which channel is used for invitations. It can be social networks or direct invitations. The main thing is the use of a specially provided referral link. To receive payment, the invited friend must not only visit the exchange site or register, but also start trading. It is from his paid commission that 40% will be calculated.
  • Affiliate Program. To participate, a user needs to create an affiliate account. As a result, he will be able to receive up to 100% of commission payments of his referrals. At the same time, 40% is allocated to spot trading and 60% to futures trading.

It is important to take into account that all of the above mentioned ways of getting passive income provide for the need to register in one or another program. To do this, the user will need to visit the appropriate section and leave an application for participation.

New clients can also count on welcome rewards. They are given when certain tasks are performed. In this case, the trader does not have to specifically perform any actions. For example, the first reward can be received simply for registration. Then the reward is given for making the first deposit in the amount of more than 100 dollars. In this case, you can expect to receive up to 800 dollars. The next reward is when buying cryptocurrencies for fiat funds in the amount of $100. The winnings also amount to 800 dollars. More detailed conditions can be found in the "Rewards Center" section.

Пассивный доход на бирже BitMart

ACCOUNT OPENING ON BITMART

9

Registering on the BitMart cryptocurrency exchange is very easy - all you need to do is enter your contact information (email address or phone number for communication). The whole procedure takes a minimal amount of time - up to 5 minutes. After completing the registration form, you will need to undergo verification. Only after that the trader will be able to replenish the account, trade and use various bonus programs. This procedure is also necessary to withdraw funds from the personal balance.

Opening an account on BitMart exchange

Pros
Simple and fast registration procedure
There are no minimum limits on account replenishment
For most cryptocurrencies, there is no deposit fee
You can fund your account in a variety of ways, including bank cards, Apple Pay, Google Pay and more (for coin purchases)
Cons
Verification is mandatory for deposit and withdrawal of funds
For a number of currencies, the withdrawal fee is higher than the market average
No possibility to deposit and withdraw funds in fiat

Residents of which countries can trade on the stock exchange?

BitMart crypto exchange services are available in many countries around the world. However, despite being registered in the United States, this exchange is not available in a number of states - for example, New Mexico, Connecticut, and so on. Also, residents of Afghanistan, Congo, DPRK, Iran, Iraq, Japan, Kyrgyzstan, Lebanon, South Sudan and some other countries will not be able to access the site and register. This is due to the internal policy of these countries. A detailed list of regions whose residents cannot use BitMart trading services can be found on the CoinMarketCap website at https://coinmarketcap.com/ru/exchanges/bitmart/. English-speaking users can get this information by going to https://coinmarketcap.com/exchanges/bitmart/.

How to open an account on BitMart:
step-by-step instructions

You can become a client of a cryptocurrency exchange and start trading in a matter of minutes. Registration on the BitMart website or through the app is easy. The main thing is to use real contact information when filling out the registration form, as it will have to be confirmed to get access to your personal account. It is also worth considering that the registration process is identical both on the main site and in the mobile version or app. It consists of the following steps.

Step
1

To begin the registration process, the user will need to open the electronic form by clicking on the "Get Started" button in the upper right corner of the main screen.

Registration on the BitMart website
Step
2

Next, a registration form will appear on the screen, in which you can select the method of registration - by e-mail or cell phone contact number. In each case, the procedure is identical - you will need to enter your contact and create a password, which will be used to log in to your account in the future.

Open an account on BitMart

On this page, users can immediately get information that after registration they have access to a bonus of up to 3,000 dollars. It should be taken into account that its final amount depends on the size of the first deposit, and it is credited exclusively to the bonus account, not to the main account. Also in the registration form there is an option for making a referral ID. It is necessary for those who register on the cryptocurrency exchange as a referral at the invitation of a friend.

Step
3

After entering the selected contact, password, as well as confirming that the user is 18 years old, the user will need to pass a simple captcha. It allows the system to make sure that the registration is not done by a bot. It is also worth noting that when choosing a password, it is necessary to take into account certain rules - use upper and lower case letters of the Latin alphabet, numbers and special symbols.

Open an account on BitMart
Step
4

After the captcha is completed, a field will appear on the screen where the verification code must be entered. If the user registered via e-mail address, he will need to look for a letter with this combination of digits in his e-mail box. If the registration was done using a cell phone number, the code will be sent by SMS.

Open an account on BitMart

If the code is entered correctly, the system will redirect the user to the page with information about rewards for newcomers, where he can familiarize himself with all the privileges that can be used at the start.

It is important to take into account that verification is mandatory at the initial stages. Only after confirming your personal data, you can deposit money into your account and start trading. As for the withdrawal of funds, it is important to pay attention to the two stages of verification. At the first stage, it is enough to specify personal data, after which the withdrawal of the minimum amount - up to 0.06 BTC per day - will be available. Extended verification will increase this limit up to 100 BTC per day.

If the user has successfully completed the registration procedure, they will not have to repeat it later. In order to enter BitMart's personal cabinet, he or she will need to use the "Login" button, entering the data specified earlier in the registration form. This applies to both the cryptocurrency exchange's website and its applications.

Minimum deposit

BitMart Exchange Binance HTX (Huobi)
Minimum deposit no minimum deposit in cryptocurrency $1 (for trading Spot 10) $1 (for trading Spot 20)

Types of accounts

For exchange customers, BitMart Wallet is divided into several types depending on the type of trading they do. Thus, there are separate wallets for spot, futures, passive income, buying/selling coins, etc. At the same time, the user can freely transfer his funds from one wallet to another.

Open an account on BitMart
Pros
There is no fee for depositing most coins into the account
No minimum limit for replenishment
There is a loyal withdrawal fee for a number of coins
It is possible to buy coins with a bank card and through Apple Pay and Google Pay electronic services as part of the purchase of coins
Cons
It is possible to deposit and withdraw money only after verification
Some coins will require you to pay a fairly high fee when depositing them into your account
Some cryptocurrencies have high withdrawal fees

Deposit and withdrawal

7

To deposit money, the user will need to go to his wallet. To do this, it is necessary to perform the following actions: select the options "Assets" → "Overview". Then it is necessary to click on the "Deposit" button, which is located directly on the wallet page. An electronic form will appear in front of the user, in which you should select the cryptocurrency, as well as the network for replenishment.

Deposit and withdrawal

Do not forget that this option will only be available if the user has verified their identity in advance.

As for the ways of depositing funds to the account, there are several of them available. If a trader deposits cryptocurrency, it is enough for him to use the cryptocurrency wallet where his assets are located. If the user does not have coins, he will need to buy them. For this purpose, a "Buy/Sell" section is provided. In it, you can buy crypto for fiat funds, using bank cards or electronic payment services.

Deposit and withdrawal

As for the question of how you can withdraw money from BitMart, the same methods described above are available. At the same time, you should not forget about the limit, which was also mentioned above.

Trading platforms

9

The interface of the website and applications of the cryptocurrency exchange is very simple and clear. A beginner will be able to quickly understand the set of options offered. In addition, traders can use the mobile version or application of the exchange, gaining access to trading anywhere and at the right time. Downloading BitMart in the form of a mobile app is easiest on the website. For this purpose, the links available on the homepage are offered. You can also use a generated QR code.

BitMart trading platforms

It is important to note that both the App Store and Google Play links themselves and the generated QR code can be used.

By the way, BitMart cryptocurrency exchange has its own platform for each type of trading. When going to the spot section, the user gets to the page with all the basic tools for conducting this type of trading. TradingView charts for BitMart are available here. With their help, you can track fluctuations in the value of a currency, as well as use special analytical tools to calculate risks and more. You can also switch to the depth chart to estimate the number of orders within a certain trading pair.

BitMart trading platforms

Also on this page you can choose the type of spot trading - standard or leveraged. You can do it in the left panel. On the right side there is a book of orders and an opportunity to choose the type of operation - sell or buy. In the lower part of the page a trader can select orders of the following types:

  • market - in order to buy or sell a coin at the current price at that moment in time;
  • Limit - when it is necessary to specify in advance the optimal value of the price at which the order should be executed;
  • stop-limit - which allows you to specify the optimal price value at which to execute the order so that it does not bring a significant loss to the trader;
  • Trigger orders - it gives the opportunity to automatically place an order at the most favorable price for the trader when a certain trigger is reached.

To enable a trader to work with futures trading, a separate platform is presented. On it it is possible to select the optimal contract variant, get acquainted with the basic information about it and two types of charts - TradingView and depth, analyze the stock exchange stack and open the offer itself (long to buy or short to sell).

BitMart trading platforms

Pros and cons

Pros
Simple, intuitive interface
Fast loading of the website, mobile version and applications
Ability to use TradingView and Depth charts to analyze the cryptocurrency market
Cons
Lack of direct access to the main menu from trading platforms
Comparative table of characteristics
Web version Mobile version Mobile apps
Two-factor authentication + + +
Timeframe range 1 minute - 1 week 1 minute - 1 week 1 minute - 1 week
Types of orders Market, limit, stop-limit, trigger Market, limit, stop-limit, trigger Market, limit, stop-limit, trigger
Quotation history + + +
TradingView charts + + +
Trading platforms. Comparison with competitors
BitMart Exchange Binance HTX (Huobi)
Web platform Yes Yes Yes
Android Yes Yes Yes
iOS Yes Yes Yes
Desktop No Yes No

As for demotrading, there is no demotrading on this exchange. Users can trade only with their own capital and credit funds within the framework of margin trading.

Analytics

3
Pros
Availability of a news section and social networks where you can learn about the exchange's novelties
Cons
Absence of a section with analytical materials

The BitMart crypto exchange website does not have a separate section where you can read market analysis. However, it is possible to read news about the exchange using the corresponding section in the footer of the homepage. You can also visit pages in social networks. But even here you will only find interesting information and news about the crypto exchange itself.

EDUCATION

4
Pros
Availability of brief instructions in separate sections of the cryptocurrency exchange
Cons
Lack of a section with training materials

Also, the site does not provide full-fledged training materials. In some sections you can find small hints on how to use this or that program or get any bonus. For example, when you go to the section with futures trading, you can see this instruction.

BitMart training

However, more detailed explanations of this or that option cannot be found on the resource.

Customer support

4

The BitMart exchange website offers several channels for contacting the support team. These are online chat and a feedback form. Thus, any user can contact the BitMart support team, regardless of whether he or she has been registered and verified or not.

Pros
Several ways to contact the support team
Cons
No real response to a support request
You can contact the support team in English only
Communication channels

The easiest way to contact the exchange's support team is to write to live chat. However, after numerous attempts using this communication channel, no response was received. In addition, prompts from the bot come only in English, regardless of the language in which the request itself is written.

Traders can also use the feedback form. To do this, it is necessary to open the "Contact Us" section in the footer of the page and follow the offered link. The disadvantage can be considered that all information in these sections is offered only in English.

Customer support
Technical support languages

As mentioned above, all options for getting help from technical support are offered in English only. It was not possible to assess in which language it is possible to get a response from the support team, as there was no response.

BONUSES AND PROMO

10

The undeniable advantage of the cryptocurrency exchange is its shares, which is confirmed by BitMart reviews. At the time of writing the review, three offers were valid:

  • Futures giveaway. To participate, a trader needs to make a deposit of 4,330 USDT, after which he can expect to double this amount.
  • "More cryptocurrency, less fees." At BitMart, these are weekly sales that allow you to get up to 50% off tokens.
  • The Future of X to Earn. Participants can get zero commission for buying crypto or additional airdrops.

It is important to remember that all promotions are temporary. Therefore, users should keep an eye on their validity period and updates.

Summary

7.3

It is not easy to give an unambiguous assessment of this crypto exchange. It provides its users with a lot of pluses. But at the same time, it is not without minuses. Among the advantages it is worth highlighting a large number of available coins and trading pairs. Such a variety allows traders to choose the most favorable options for profitable trading. Another plus is the possibility to deposit funds without commission for the prevailing majority of coins. As for withdrawal, everything is less clear - for a number of cryptocurrencies, payments are really favorable, but for others you will have to pay a considerable commission.

Also advantages are the availability of different types of trading and access to leverage in each of them. Trading commissions are at an average level. And thanks to special offers they can be minimized. Really competitive are the number of ways to get passive earnings and a variety of promotions for new and regular clients. Among the disadvantages is the poor work of the support service. Also the lack of detailed instructions, tips and explanations for new clients is a disadvantage. Based on this, we can conclude that the platform is more suitable for experienced traders who know the basics of trading and have information about other options of the crypto exchange.

Reviews

4.1
44 reviews
Jonathan
27 days ago
BitMart has been disappointing despite some interesting features mentioned in this review. While they do list many tokens unavailable elsewhere, I've experienced significant slippage issues and wide spreads on most pairs. Their Mission X launchpad sounds promising in theory but lacks transparency in token allocation. The trading interface is functional but dated compared to leading exchanges. Withdrawal fees are higher than industry average for many tokens. Customer support took four days to respond to a basic inquiry. I'd only recommend using BitMart for specific tokens you can't find elsewhere, and even then, with caution regarding withdrawal limits.
Wesley
40 days ago
BitMart serves its purpose as a secondary exchange for trading tokens not yet available on major platforms. I've found several promising projects through their launchpad that were mentioned in this article. The trading interface is functional but not exceptional - gets the job done without any bells and whistles. One thing I've noticed is that liquidity can be an issue for some pairs, leading to wider spreads than expected. Their mobile app performs surprisingly well considering it's not a top-tier exchange. I'd recommend using it alongside a major exchange rather than as your primary platform.
Rebecca
50 days ago
BitMart serves its purpose as a secondary exchange for trading tokens not available on major platforms. Their app works reasonably well, though I've experienced occasional connectivity issues. This review highlighted their staking products, which I've tried with modest results - returns are as advertised but the user experience could be improved. Their customer verification was quick, taking just a day in my case. I'd recommend it as a supplementary exchange rather than your primary trading platform.
Tyler
65 days ago
After three months, I'm removing all assets from BitMart. Experienced excessive downtime during crucial trading moments, and customer support has been virtually non-existent for my ticket. While they do list many newer tokens, the risks aren't worth the potential rewards. Deposit times were inconsistent, sometimes taking hours for confirmations that should take minutes. I've documented several instances where order execution differed from what I entered.
Christopher
73 days ago
My experience with BitMart has been largely negative. While they do list many tokens early, I've faced multiple withdrawal delays and customer service has been nearly non-existent. The trading interface is functional but lacks many features that have become standard on other exchanges. The mobile app crashes frequently during high volume trading. I'm moving my funds elsewhere after my latest withdrawal finally processes.
Olivia
81 days ago
BitMart needs improvement in several areas. While they list many tokens, the platform feels unstable at times. Had some delays with withdrawals that made me nervous. Their support eventually resolved my issues, but it took longer than expected. There are occasional good trading opportunities for some altcoins, but I generally prefer more established exchanges.
Joshua
84 days ago
Found some rare gems here you won't see elsewhere. Perfect for steady trading - no nasty surprises. Testing their new crypto lending platform, rates look competitive.
Brandon
91 days ago
Underrated for small cap gems. Some unique pairs you won't find elsewhere. Bots work well for market making. Their new lending platform offers competitive rates on BTC and ETH.
Charlie
96 days ago
Decent backup exchange. Has some unique pairs you can't find elsewhere. The liquidity isn't great but fine for smaller trades. Their new earn products are pretty competitive - getting 8% on BTC.
Rachel
106 days ago
Middle-of-the-road exchange with pros and cons. Good variety of trading pairs but withdrawal fees are high. Anyone here participated in their IEO projects?
Charlie
119 days ago
Average platform. 0.25% fees, quick verification. Watch out after past hacks.
Lucy
126 days ago
Average platform. 0.25% fees, quick registration. Security concerns after past incidents
Emma
181 days ago
Basic platform, 0.25% fees. After their security breach, they've improved but... trust is earned. Using their new insurance fund feature just in case. Only small trades until they prove themselves.
Thomas
195 days ago
Unreliable platform. 0.25% trading fee is expensive. Withdrawal fees keep changing. Some good trading pairs but not worth the hassle.
Iris
207 days ago
BitMart is decent for spot trading. Standard 0.25% fees. Market maker program offers zero fees. Popular coin staking at 7-12% APY.
Kevin
216 days ago
BitMart has improved significantly recently. Fees are average, but they often run promotional discounts. The Launchpad platform is interesting for early token investments. Be aware of withdrawal limits for unverified accounts.
James
226 days ago
Absolutely terrible experience. Sure, they have 0.25% fees, but what good are low fees when you can't withdraw your funds? Customer support is a joke, and their security measures are questionable at best. After the hack in 2024, I'm surprised they're still operating. Avoid at all costs if you value your peace of mind and your crypto.
Michelle
325 days ago
A great exchange for those who want to trade altcoins. I found some interesting projects here that are not represented on other platforms.
Adelaide
332 days ago
BitMart is like a party in the world of cryptocurrencies! Every day there is something new here. But I am interested in how the exchange manages risks related to market volatility and cybersecurity. What strategies and processes are used to minimize risks and ensure stability of operations?
Alina Storm
340 days ago
User-friendly interface. BitMart is like a bright clearing in the forest of cryptocurrencies.
Soso
349 days ago
verification can take a long time, so be prepared for a lot of paperwork. And also, from experience - do not leave large sums on the exchange, just in case. It is better to be reinsured once again. In general, BitMart is a good medium-sized company, not the king of the mountain, but it's not shiny either. The main thing is to keep an eye on security and do not dive into unknown projects.
Hausein Ali
352 days ago
BitMart is a reliable and time-tested exchange. Simple registration, a wide range of cryptocurrencies and high security make it a great choice for all categories of users. If you are looking for a reliable platform, BitMart is your choice.
David
368 days ago
BitMart offers a solid platform with a good range of cryptocurrencies. The security measures are robust, which is reassuring. I find their staking options quite profitable. It's definitely one of the best crypto exchanges for staking.
Taylor
382 days ago
It’s always a blast! BitMart’s lively and user-friendly interface matches my energetic approach to trading.
Daniel
399 days ago
BitMart is a solid middleweight. Liquidity is decent, the trading engine is fast. Commissions are above average, but tolerable. The support team responds quickly, but sometimes shambolic. In general, the exchange is reliable, but without special frills.
Xander
408 days ago
BitMart offers a playground for the intellect, a puzzle that’s both vast and intricate. But puzzles are more engaging when they come with a hint or two. Some direct, hands-on tutorials would not just be helpful; they’d transform solitary puzzling into a collaborative quest for knowledge.
Harper
417 days ago
BitMart whispers tales of distant markets and uncharted territories, drawing me in with its promise of discovery. However, navigating these tales can sometimes feel like deciphering ancient runes.
Uriah
432 days ago
BitMart's analytical tools and data-driven approach cater to my logical and inquisitive nature, providing a fertile ground for developing sophisticated trading strategies. Nevertheless, I long for a more seamless integration of community insights to complement the analytical depth.
Alba Soso
441 days ago
As I navigate this bountiful landscape, there's a whisper of longing for the days of fewer choices, where each decision felt more significant and the path clearer. BitMart's marketplace, rich with diverse tokens and assets, feeds my curiosity and desire for variety.
Eden
447 days ago
BitMart's diversified portfolio provides a canvas for my creative investment strategies, offering a spectrum of colors with which to paint my financial future. While I relish the variety, there are moments when I seek the simplicity of a monochrome palette, where decisions are straightforward and unambiguous.
Ivy Moor
454 days ago
BitMart's garden of digital assets is vast, but the watering can is sometimes hard to find. Streamlined access to resources would help this garden bloom even more beautifully.
Vortex
457 days ago
BitMart's promotional events give me the attention I crave. More spotlight opportunities would make it even better.
Noah
464 days ago
The security measures in place are strong, providing users with confidence in their trading activities. Customer service is responsive, though the platform could improve by offering more competitive trading fees. BitMart offers a diverse range of cryptocurrencies and is known for its easy-to-use platform, making it suitable for beginners.
Robert Taylor
475 days ago
BitMart's diverse range of crypto assets and commitment to providing a secure trading environment have made it an increasingly popular choice among traders in 2023, amidst the ever-evolving market conditions.
Olivia Brown
512 days ago
It's great for traders looking for niche markets. The only downside is the sometimes slow customer service response.
William Harris
522 days ago
Their trading interface is sleek and efficient, making it easy to execute trades quickly. The platform also offers a good selection of advanced trading features for more experienced traders.
Anna Peterson
532 days ago
The community and social trading aspects are unique, providing opportunities to learn from experienced traders. It’s a great way for newcomers to get insights and improve their trading skills.
Kevin Johnson
549 days ago
The BitMart review is thorough and well-articulated. It delves into the exchange's vast array of cryptocurrencies and trading features. The section on security measures and customer support is particularly helpful for new users.
Emily
575 days ago
Once in the tumultuous land of BitMart, a brave investor embarked on an epic quest, navigating through the valleys of volatility and mountains of prosperity...
Adam Zac
582 days ago
I had my first experience with airdrops on BitMart. It felt rewarding receiving extra tokens and helped me discover new projects and diversify my portfolio.
Josh
590 days ago
The recent news about BitMart's expansion caught my attention. Thanks to your detailed analysis, I'm considering reallocating more of my portfolio there.
Sasha Grey
601 days ago
Always on the hunt for new platforms and dynamic trading environments! Your article about BitMart felt like it unveiled a hidden treasure map for me. The tips and tricks section was particularly juicy. Cheers to many more discoveries!
Tom
630 days ago
Visually appealing and user-friendly. It's a go-to for me.
Emily Lama
632 days ago
Love the interface! But, I wish they had more educational content for newbies like me.