BitMart Review

User Rating

High

3.2/5 • 5 votes

	Tristan Lane
Tristan is a cryptocurrency writer, project manager, investor and traveler (66 countries and 6 continents). He graduated from Seton Hall University with an M.B.A. in Marketing, and also graduated from Elon University with a double major in Finance and Marketing.

Spot Custodial CEX

Margin trading	No
Launched	2018
24h Trading Volume	$2,678,896,689
Coins	1,017
Trading pairs	1,174
Main location	Cayman Islands
Is centralized?	Yes
API	Yes
KYC	Yes
2FA	Yes

BitMart is a global cryptocurrency exchange founded in 2017 and launched in 2018. Now in its eighth year of operation, the platform serves 13 million users across 180+ countries, making it one of the largest exchanges by registered user base worldwide.

The platform offers over 1,700 cryptocurrencies across spot, futures, margin, copy trading, and a growing suite of financial products. Sheldon Xia is the founder; Nathan (Nenter) Chow serves as Global CEO.

BitMart Token (BMX) is the exchange’s native ERC-20 token, used to reduce trading fees and access ecosystem benefits.

In February 2026, BitMart US expanded to all 50 US states and territories — making it one of only a handful of exchanges available to users across the entire United States.

Investopedia recognized the platform as Best Exchange for Altcoins for 2026.

BitMart US: Full US Availability

In February 2026, BitMart US reached full operational coverage across all 50 US states and territories, one of only a handful of crypto exchanges to hold nationwide US authorization. The US-facing platform (bitmart.us) operates as a distinct entity from the global exchange, with custody and clearing powered by zerohash and full compliance with KYC, AML, and data protection requirements.

BitMart US launched in November 2025 with 49-state coverage before securing New York approval and completing its full rollout in February 2026. The platform features zero trading fees for new users, an institutional-grade matching engine, and fiat on/off ramp support.

Eight Years of BitMart

In 2026, BitMart marked its eighth anniversary as one of crypto’s longest-running major exchanges. Over the past year, the platform listed 1,035 new assets – 49% as first-time launches – with 20 of the top 20 annual gainers debuting on BitMart first. Ninety-three assets gained over 1,000% during the year.

Spot and contract volumes grew 59% and 68% respectively; financial products AUM surged 468%. The platform now covers spot, futures, margin, copy trading, an AI assistant, Web3 wallets, a DEX supporting 1.49 million tokens, and a Visa card accepted at 50 million merchants in 160+ countries.

BitMart Fees

Trading Fees

BitMart’s spot trading fees use a tiered structure based on whether you are an Ordinary or Professional user. The base rate for Class A assets is 0.1% for both maker and taker. Holding BMX and using it to pay fees reduces trading costs by an additional 25%.

Ordinary users are tiered LV1 through LV8, based on BMX balance. Professional users (Pro1–Pro9) are tiered by 30-day BTC trading volume and BMX holdings combined, with rates as low as 0.015% maker / 0.020% taker at the top tier.

Withdrawal Fees

Deposits are free. Withdrawal fees vary by asset and are denominated in the token being withdrawn, not in fiat. The fee rate also depends on the user’s tier level. Representative examples: BTC withdrawal fee is 0.0005 BTC; USDT is 2 USDT; ETH ranges from 0.01 to 0.05 ETH depending on network.

Trading View & Futures

BitMart’s trading interface is clean and straightforward. The top bar displays 24-hour percentage changes for major pairs. The left panel handles order entry (buy/long and sell/short), the order book sits to the right, and the TradingView-powered price chart occupies the center.

BitMart Futures offers perpetual swap contracts that do not expire or settle, with leverage of up to 200x. The initial margin required is typically 1% of the full position value; the maintenance margin is 0.5%. Positions are subject to funding rates updated in real time.

A simulation mode is available under the Futures tab, allowing users to practice with 15,000 BUSD in paper funds before committing real capital.

Copy Trading

Copy trading is one of BitMart’s flagship features. Users can automatically mirror the positions of top-performing traders, filtering by return rate, risk profile, and trading history. Configurable stop-loss limits give followers control over downside exposure. In 2025, BitMart’s copy trading volume surpassed $100 billion, reflecting strong user adoption of the feature.

BitMart Card

BitMart Card is a Visa-powered crypto debit card that lets users spend cryptocurrency directly at any Visa-accepted merchant worldwide, with real-time crypto-to-fiat conversion at the point of sale. No manual pre-conversion is required — the card handles everything automatically at checkout.

The card is available in three tiers: virtual (free to issue), plastic ($30, waived for VIP 1+), and premium metal ($90, waived for VIP 3+). Each tier offers progressively higher transaction limits and ATM withdrawal allowances.

Key Features

• Up to 5.5% cashback on daily spending, including dining, groceries, and online shopping
• 12 supported cryptocurrencies including USDT, USDC, BTC, ETH, SOL, ADA, LTC, DOGE, TON, BNB, and BMX
• Smart multi-asset auto-conversion: the card draws from available balances in a configured priority sequence, switching to the next asset if a balance runs low
• Google Pay compatible; also supports contactless, chip, and swipe
• Accepted at 50 million+ merchants across 160+ countries
• No annual, inactivity, or cancellation fees
• Free ATM withdrawals up to monthly limit (2% fee thereafter); daily ATM limit $2,000 / monthly $20,000
• Monthly transaction limit: $100,000 to unlimited depending on VIP level

Rewards are paid in crypto, with a straightforward structure that avoids complex redemption requirements. BitMart Card also connects with the BitMart Travel platform, enabling flight and hotel bookings with crypto.

For users who want to maintain a more passive balance, the BitMart Crypto Prepaid Card is a companion product — a reloadable virtual Mastercard funded by converting crypto on the platform, with 10% cashback in the first month and up to 6% yield on idle balances. It requires only Level 1 KYC.

Apply for BitMart Card: https://www.bitmart.com/en-US/bitmart-card

AI Tools: Beacon

Beacon is BitMart’s AI-powered trading assistant, available to all users. It provides real-time market insights, KOL sentiment tracking, and portfolio guidance. Users can query Beacon directly for coin analysis, trend summaries, and trade suggestions. Beacon is accessible via the AI Hub tab in the main navigation.

BitMart API

BitMart’s API allows developers to build custom trading and data tools. All responses are in JSON format. The API covers system status, funding accounts, spot trading, futures contracts, WebSockets, and change logs. A Telegram group is available for API developer support. REST and WebSocket endpoints are both available, with advanced read/write permission controls for API keys.

LaunchPrime (formerly Launchpad)

BitMart’s token launch platform has been rebranded from Launchpad to LaunchPrime (bitmart.com/en/launchpad). The platform combines ordinary listings with IEO-style launch events, giving users early access to new projects. KYC verification and supported-country status are required to participate.

In BitMart’s eighth year, 49% of newly listed assets were first-time launches, and 20 of the top 20 annual gainers debuted on BitMart before listing elsewhere.

Staking & Savings

BitMart’s staking and savings products have expanded significantly. Supported assets now include ETH (4% APY), SOL (8.25% APY), BTC (15% APY via savings), and USDT (up to 288% APY on promotional tiers). There are no fees on staking, and users can freely trade and move staked tokens without restriction. Rewards are distributed monthly.

BitMart’s lending products have transitioned to a Savings and Dual Investment structure, with lock-up periods ranging from flexible to 365 days across many assets.

Deposit & Withdrawal Methods

Deposits are free. Users can fund their accounts via credit/debit card (Visa and Mastercard), standard bank transfer, PayPal, and third-party providers including MoonPay and Simplex. Up to 42 fiat currencies are supported.

To withdraw crypto, navigate to your assets overview, select the token, and enter the destination wallet address. Withdrawal fees vary by asset.

Supported Countries

BitMart now supports all 50 US states and territories as of February 2026. Services are unavailable in Afghanistan, China, Congo, Cuba, Eritrea, Iran, Iraq, Japan, Kyrgyzstan, Lebanon, Libya, North Korea, South Sudan, and Sudan, in compliance with OFAC and FATF regulations.

Note: The BitMart Card (Visa) carries additional country restrictions beyond the exchange itself. US users are now eligible for the exchange and BitMart US platform; Card availability for US users should be confirmed at the BitMart Card application page.

Security

BitMart places strong emphasis on fund security. Over 99% of user funds are held in offline cold storage; less than 0.5% remain in hot wallets for operational liquidity. Security measures include 2FA (Google Authenticator, SMS, and email), mandatory email/SMS confirmation for all withdrawals, IP address monitoring and logging for each login, and API key controls with advanced read/write permissions.

System-level protections include DDoS mitigation, automatic database backups every few minutes, and SSL (HTTPS) encryption across all interfaces. Users can also freeze their accounts or cards immediately via the app or website if suspicious activity is detected.

KYC & Verification

KYC is optional for viewing markets, depositing, and trading, but is required for withdrawals. Level 1 (Intermediate) verification requires name, country, date of birth, government ID, and a selfie. Confirmation typically takes 3–5 minutes, occasionally up to 24 hours. Verified users gain access to exclusive promotions and higher account limits.

How to Create an Account

Visit BitMart.com and click Get Started. Enter your email or phone number, create a password, agree to the Terms of Service, and click Register. You can begin browsing markets immediately; complete KYC when you are ready to withdraw.

Pros & Cons

Pros

• 8 years of continuous operation — one of crypto’s longest-running major exchanges
• Fully licensed in all 50 US states + territories as of February 2026
• 1,700+ cryptocurrencies and 1,500+ trading pairs
• Low base spot fee of 0.1% (Class A assets); further reduced with BMX
• Up to 200x leverage on futures with simulation mode available
• Margin trading available (up to 5x on supported pairs)
• Copy trading with $100B+ in 2025 volume
• BitMart Card: Visa debit at 50M+ merchants, up to 5.5% cashback, no annual fee
• AI trading assistant (Beacon) available to all users
• Investopedia Best Exchange for Altcoins 2026
• DEX with 1.49M+ supported tokens
• Staking available for ETH, SOL, BTC, USDT, and more at competitive APYs
• Strong security: 99%+ cold storage, 2FA, IP monitoring

Cons

• High lending rates historically, but product structure has shifted to Savings/Dual Investment; not all original lending products remain
• BitMart Card geographic restrictions apply; confirm country eligibility before applying

Conclusion

BitMart has evolved considerably since its 2018 launch. Eight years in, it stands as a genuinely comprehensive platform: 1,700+ assets, full US availability, a competitive fee structure, copy trading, an AI assistant, and a real-world Visa card that extends crypto utility into everyday life. The February 2026 expansion to all 50 US states and territories is a meaningful milestone that removes one of the platform’s most significant long-standing limitations for American users.

For traders looking for a deep asset catalog, altcoin-first listings, and an increasingly full-featured product suite, BitMart is a strong contender. Investopedia’s 2026 Best Exchange for Altcoins designation reflects where the platform is most differentiated.

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