No Regulation

Score

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/10

BitMart

Seychelles

|

1-2 years

Suspicious Regulatory License|

Medium potential risk

https://www.bitmartcn.net/#/home

Website

Rating Index
Contact
BitMart
https://www.bitmartcn.net/#/home
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

Exchange Info

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Company Name
BitMart
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Company website
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WikiBit Risk Alerts

1
Previous Detection 2024-11-14

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

Website

Genealogy

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Trade Type

Keywords

Time Machine

White Paper

Related Software

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New Arrival

User Reviews

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12 ratings

Participate in evaluation
Skywalker
Needs improvement in information services, lacks user engagement. Room for growth in content variety and quality.
2024-06-27 22:49
0
Tedwilson
Trading varieties lack diversity, limited options. The selection needs expansion. Improve now!
2024-06-23 03:49
0
thamnguyen
Funding security needs improvement with uncertainties in wallet security. Summary: Security concerns need addressing.
2024-05-01 23:23
0
_Aryaa_
Exciting team background, strong potential for development! Great prospects ahead!
2024-09-07 12:33
0
rafeeakand
Engaging and responsive customer support, exceeded my expectations.
2024-09-05 03:17
0
arundaya
Great liquidity, impressive volume. Strong potential for growth and market demand. Team expertise and transparent communication are key. Exciting community support and active development. Tread carefully with volatility, but rewards could be promising. Cheers to a bright future!
2024-08-24 09:34
0
Tony Mills
Exciting and promising project with strong community support and potential for long-term growth.
2024-08-11 05:51
0
balakrishnan
Transaction transparency and security of funding on the platform is impressive, showcasing a high level of trust and reliability.
2024-07-29 18:38
0
Donking2790
Great blockchain technology with strong anonymity features. Solid team with transparent track record. Active user and developer community. Sustainable token economics. Impressive security measures and regulatory compliance. Compared to similar projects, stands out with unique attributes. Engaging community with strong support and communication. High potential for long-term growth and rewards. Interactive, passionate summary: Cutting-edge tech, strong team, vibrant community, promising future.
2024-05-23 04:17
0
Rich Dowd
Impressive security measures for transaction transparency. A must-have for peace of mind.
2024-05-12 20:43
0
lufcalfie
Great potential for growth and adoption in the market. Strong team with a track record of transparency and experience. Active community and user base driving development. High volatility but promising long-term prospects. Competitive edge and solid tokenomics. Regulatory environment a key factor to monitor.
2024-05-07 22:57
0
Vut7158
I would like to use a picture to describe it because I transfer USDT to Bitkub regularly, but this time Bitmart blocked my account for the reason that "The accounts that transfer money to Ponzi schemes and ask to send proof of wallet addresses to see who they are and how.". I think it can be checked by yourself first. Why did you block my account? You have to lock the destination. This locks from the origin. In summary, Bitmart thinks it's cheating.
2023-07-17 00:10
0

Established in 2017, BitMart is a bitcoin exchange supporting about 1,500 cryptocurrencies and over 100 perpetual contracts. Under up to 100x leverage, it offers spot, margin, and futures trading. Products for saving, staking, and dual investing allow users to earn. Apart from smartphone apps available on Google Play and the App Store, the platform has NFT marketplace. You can use credit and debit cards, Google Pay, Apple Pay for purchases.

BitMart

What are the Exchanges Focusing on

Security

BitMart safeguards user assets using hybrid hot/cold wallet configurations, multi-signature technology, and sophisticated risk control mechanisms. Although complete security is unattainable, these steps seek to improve the fund protection. To protect their accounts even more, users are advised to use two-factor authentication and other accessible security tools.

Best Exchange/Pros

Among the other products BitMart offers are support for around 100+ perpetual contracts and over 1,500 coins. Apart from spot, margin, and Futures trading with up to 100x leverage, it offers Savings, staking, dual investment choices, and an NFT marketplace.

Best Exchange/Pros

Exchange Rates/Fees

Fee TypeDetails
Trading Fees0.25% for both makers and takers
Withdrawal FeesVaries by cryptocurrency
Deposit FeesFree for most cryptocurrencies
Exchange RateDetermined by market conditions

APP Introduction/Download Address

The BitMart software allows users on demand to swap over 1,500 cryptocurrencies—including Bitcoin, Ethereum, and Dogecoin. It provides a versatile trading environment supporting spot, margin, and futures trading. The software boasts many order kinds, advanced charting features, and real-time market data. Users of the app can also access savings, staking, and dual investment packages. Downloadable for both Android and iOS devices, the app may be purchased from https://apps.apple.com/us/app/bitmart-trade-btc-eth-doge/id1396 and https://play.google.com/store/apps/details?id=com.bitmart.bitmarket.

APP Introduction/Download Address

Buy

Registration & Login

Following these steps will help you to register and access your BitMart account:

Get on the website. Visit the official BitMart website.

Choose the “Sign Up” option, then finish the registration form by entering your email or phone number, password, and referral code—if necessary.

Enter the code that you have been given to complete the email or phone validation process.

Send necessary identifying documentation for the Know Your Customer (KYC) process to satisfy KYC and increase the withdrawal limits, therefore strengthening the security of your accounts.

Access your account using the password and register email or phone.

Bitmart: How to Buy on Android/Apple/ATM

To purchase on BitMart from an Android or iPhone:

Search for “BitMart,” then download the App either from the Apple App Store for iOS or the Google Play Store for Android.

Launch the app then log in using your credentials.

Navigate to the “Buy & Sell” part of your account and choose a payment method—Google Pay, Apple Pay, credit or debit card—to add money.

Choose the bitcoin or another cryptocurrency you want.Enter the purchase amount you wish to make, check the transaction details, and so validate the purchase.

BitMart does not endorse direct ATM purchases. To trade using ATM money, take cash out and either fund your BitMart account online or into your associated bank account.

Trading Notes

Credit Cards/Bank Savings Cards Supported for Exchange Coin Buying

Payment MethodDetails
Credit CardsVisa, MasterCard, American Express, Discover
Debit CardsVisa Debit, MasterCard Debit, Maestro
Bank TransfersSupported, check with your bank for details

Exchange Support ATM Introduction

BitMart does not enable straight ATM purchases. To use for trading, you can withdraw money from an ATM then enter it into your associated bank account. After the money is in your bank account, you can post it into your BitMart account for trading using credit or debit card or bank transfer online.

Minimum Purchase Amount

BitMart's minimum purchase typically starts at $10.

Best Way to Trade

On BitMart, trading is best accomplished with their mobile app available on both Android and iOS. The program offers users access over 1,500 cryptocurrencies with help of spot, margin, and futures trading. Real-time market data, advanced charting tools, and different order formats will help you to enhance your trading experience.

Best Way to Trade

Trading Fees

BitMart charges producers and consumers equally 0.25% trading fees. Although most deposits are free, depending on the cryptocurrency will affect the withdrawal fees. Always review the most current fee structure found on the official website.

Trading Fees

Trading Markets

The present market of BitMart is fairly busy, and notable cryptocurrencies such Bitcoin, Ethereum, and others show obvious trade activity. Since the platform covers a broad spectrum of tokens, it provides several opportunities for both long-term and short-term traders.

Trading Markets

Products/Services

Exchange APP Support Services/Products

The BitMart app provides a spectrum of services to satisfy the needs of investors and bitcoin traders.

Features a large range of premium cryptocurrencies and trading pairs, the app offers quick and easy spot/margin trading services.

Users of futures trading will access over 100 crypto pairs on lightning-fast trading engines with low costs while trading crypto derivatives with up to 100x leverage.

Through savings, staking, and dual investment products—which fulfill various financial needs—the app provides safe methods for earning on your crypto holdings.

Discover, purchase, and exchange top NFT collections globally, then take part in exclusive BitMart NFT events.

Perfect for developers, the app boasts fast, low-latency API endpoints with Websocket subscriptions and thorough API documentation.

Professional services accessible to institutional users include credit lines, sub-accounts, reduced rates and rebates.

Users of Google Pay, Apple Pay, credit or debit cards can readily buy bitcoins.

Products/Services

Description of Wallet Usage

BitMart wallet users can securely save, handle, and share their digital assets. It supports several cryptocurrencies using capabilities for transaction history, balance control, and basic transfers. Among the security mechanisms supposed to protect user assets are encryption and two-factor authentication.

Details of Borrowing Coins to Buy/Pledge Coins

To enable consumers to optimize their crypto holdings, BitMart provides staking and borrowing tools. Users of staking can lock their cryptocurrency on the BitMart platform and benefit without having to create nodes or concern minimum amounts. BitMart offers stable returns with no fees levied on staking operations initially, hence it supports flexible staking for several cryptocurrencies including Ethereum, Shiba Inu, and BitMart Token. Staking profits are divided according to bitcoin and length of the stake.

Users of cryptocurrencies can use them as collateral for loans, therefore generating liquidity without selling their assets when borrowing. This lets people keep their investments while using money for other needs. BitMart guarantees a simple procedure with unambiguous terms regarding interest rates and collateral.

Details of Borrowing Coins to Buy/Pledge Coins