BitMart is a global cryptocurrency exchange offering over 1,700 cryptocurrencies for trading. Launched in 2017 and headquartered in the Cayman Islands, BitMart serves 9 million users across 180+ countries. The platform combines user-friendly features with advanced trading tools, making it suitable for both beginners and professionals.
Key Features of BitMart
- 100x Leverage Trading: Futures contracts with high leverage options.
- Copy Trading: Mirror strategies of top-performing traders.
- Earning Programs: Staking, savings, and dual investment for passive income.
- NFT Marketplace: Trade Ethereum-based NFTs with a 1% fee.
- Mobile App: Available for iOS and Android.
- Security Measures: Cold storage, 2FA, anti-DDoS, and withdrawal whitelisting.
BitMart Fees Overview
BitMart employs a transparent fee structure:
- Spot Trading: 0.1% maker/taker (discounted to 0.075% with BMX token).
- Futures Trading: 0.02% maker, 0.06% taker.
- NFT Trading: 1% per transaction.
- Deposits: Free for crypto; 2–5% for fiat via third-party providers.
- Withdrawals: Variable by asset (e.g., 0.0001 BTC for Bitcoin).
| Fee Type | Rate |
|---|---|
| Spot Trading | 0.1% |
| Futures Trading | 0.02%–0.06% |
| NFT Transactions | 1% |
👉 Compare BitMart fees with other top exchanges
Supported Cryptocurrencies
BitMart supports major coins (BTC, ETH, USDT) and altcoins (SOL, DOGE, SHIB). New tokens are frequently added via its Launchpad.
Security Measures
BitMart prioritizes security with:
- Cold Storage: 98% of funds offline.
- 2FA and Multi-Signature Wallets.
- Regular Audits by third parties.
- Bug Bounty Program (up to $5,000 rewards).
Despite a $196M hack in 2021, BitMart reimbursed affected users and strengthened its protocols.
How to Open a BitMart Account
- Sign Up: Register with email/phone.
- Complete KYC: Submit ID for higher limits (100 BTC/day).
- Deposit Funds: Use P2P, credit/debit cards, or third-party providers.
- Start Trading: Buy/sell via spot or futures markets.
Pros and Cons
Pros
- Low trading fees.
- Diverse earning options (staking, savings).
- Strong security post-hack.
Cons
- Limited services in the U.S. (no futures/staking).
- Past security breach.
👉 Explore BitMart’s advanced tools
FAQ
Q: Is BitMart available in the U.S.?
A: Yes, but with restrictions (e.g., no futures trading).
Q: Does BitMart require KYC?
A: Yes, for withdrawals and full trading access.
Q: What are BitMart’s withdrawal fees?
A: Varies by coin (e.g., 0.0001 BTC for Bitcoin).
Q: Is BitMart safe?
A: Yes, with robust measures like cold storage and 2FA.
BitMart balances accessibility and advanced features, making it a solid choice for crypto traders. Its low fees and earning programs add significant value, though U.S. users face limitations.
Ready to start? Sign up for BitMart today!