BitMart review

BitMart supported cryptocurrencies

BitMart offers an impressive lineup of 1106 different cryptocurrencies, from well-known giants like Bitcoin and Ethereum to a diverse array of intriguing altcoins. With 1502 trading pairs available, you have a wealth of opportunities to explore and trade.

BitMart supported fiat

BitMart makes it easy for everyone by supporting a variety of fiat currencies like EUR, GBP, USD, AUD, BGN, BRL, CAD, CHF, COP, CZK, DKK, DOP, EGP, HKD, IDR, ILS, JOD, KES, KWD, LKR, MXN, NGN, NOK, NZD, OMR, PEN, PLN, RON, SEK, THB, TRY, TWD, VND, ZAR, HUF, JPY, AED, AZN, CLP, CRC. This means you can deposit and withdraw funds in your local currency without any hassle.

BitMart deposit and withdrawal methods

BitMart makes it easy to manage deposits and withdrawals. You can use credit or debit cards like Visa and Mastercard, or deposit cryptocurrencies directly. For withdrawals, it's as simple as sending your crypto to an external wallet. While deposits are free, withdrawal fees depend on the specific cryptocurrency and network conditions.

BitMart loans

BitMart doesn't offer a loan product at the moment. They do provide services like margin trading and staking, but if you're looking for direct borrowing options, other platforms might be more suitable.

BitMart restricted countries

BitMart restricts access in certain countries, including Afghanistan, China, North Korea, Iran, Iraq, Libya, Sudan, and Syria. Unfortunately, users from New York in the U.S. are also unable to access the platform. These restrictions are based on local regulations and may change over time.

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

Yes, BitMart offers both leverage and margin trading. You can use up to 5x leverage on margin trades and up to 100x on futures, depending on the asset. It's a useful feature for boosting your trading potential, though it also carries risks, like liquidation if the market moves against your position.

BitMart Spot Trading

BitMart’s Spot Trading gives you access to over 1,500 cryptocurrencies, letting you trade at real-time market prices. The platform uses a maker-taker fee system with a standard 0.25% fee, and you can get a discount by paying with the BitMart Token (BMX), which is a nice way to save on trading costs.

BitMart Earning Services

BitMart offers user-friendly earning options like staking and BitMart Savings. Through staking, you can earn rewards by holding specific cryptocurrencies, while the savings service provides flexible and fixed terms with competitive APY rates to help grow your assets steadily.

BitMart OTC Trading

BitMart’s OTC Trading service is designed for high-volume traders and institutional investors. It allows for large transactions without affecting the market price and provides personalized features like immediate price execution and a dedicated account manager to make the process smooth and efficient.

BitMart Fees

BitMart uses a maker-taker fee system, with a standard rate of 0.25% for both. You can lower these fees by paying with BMX tokens. Since fees can change, it's a good idea to check the latest rates directly on the platform to stay informed.