BIT review

BIT supported cryptocurrencies

BIT offers an impressive lineup of 51 different cryptocurrencies, from well-known giants like Bitcoin and Ethereum to a diverse array of intriguing altcoins. With 66 trading pairs available, you have a wealth of opportunities to explore and trade.

BIT supported fiat

We don't have information yet about whether BIT supports fiat currencies. If BIT adds fiat support, we'll update this page automatically.

BIT loans

BIT offers lending-related products, but they are framed around fixed income, flexible savings, spot leverage financing, and institutional financing rather than a simple retail cash-loan product. Its fixed-income product is tied to staking and lending activity, including over-collateralized and margin loans, while leverage rules describe borrowing, financing limits, interest accrual, and repayment for leveraged positions.

BIT deposit and withdrawal methods

BIT supports crypto deposits and withdrawals through its wallet flow. The deposit process covers network selection for assets such as USDT, blockchain confirmations, minimum deposit amounts, and credited balances, while withdrawal instructions cover addresses, one-time password verification, withdrawal quotas, and token-specific withdrawal fees; OTC flows also mention bank transfers for eligible buy and sell orders.

BIT restricted countries

BIT restricts service in several jurisdictions instead of offering globally open access. The current restricted list includes Asian locations such as China Mainland, Hong Kong SAR, Singapore, Japan, Iran, Syria, Myanmar, and Uzbekistan; Americas entries such as the United States, Canada, Cuba, Guam, and Puerto Rico; and Europe entries such as Crimea, Sevastopol, and Russia. Availability still depends on residence, client eligibility, and legal requirements.

Is it possible to use leverage or margin trading on BIT?

BIT offers spot leverage for eligible trading activity. The product uses held digital assets as principal, can automatically borrow funds when positions open or increase, and repays when positions are reduced or closed; supported-pair rules list up to 5x leverage for BTC, ETH, and other major assets and up to 3x leverage for selected higher-liquidity assets, with warnings that leverage can amplify gains and losses.

BIT Spot Trading

BIT Spot is used as the trading channel for spot leverage, and the supported-pair information lists USDT markets such as BTC/USDT and ETH/USDT plus crypto cross pairs. At the same time, current market data for the bit-com exchange entry shows no active spot-pair count and only a very small recent spot-volume signal, so users should verify live spot availability inside BIT before relying on a market.

BIT OTC Trading

BIT supports OTC trading for eligible individual and institutional users. The OTC flow covers large-scale digital asset buy and sell orders, bank-account setup, crypto choices such as USDT and USDC, transfer remarks, order status tracking, and a stated minimum transaction amount of USD 50,000 per trade, while maximum limits are described as uncapped.

BIT Fees

BIT publishes deposit and withdrawal fee details, but the clearest public fee table is not a full trading-fee schedule. The table lists minimum deposits, withdrawal minimums, withdrawal fees, and confirmation counts for assets such as BTC, BCH, ETH, ETC, USDT, and USDC on selected networks, while trading-fee details should be checked in the active account or product flow because the older public trading-fee route is no longer reachable.