Founded in 2017, BitMart has quickly become one of the most ambitious and growing cryptocurrency exchange platforms. With a global presence in more than 180 countries, BitMart has been trusted by over 9 million users worldwide. Perhaps most importantly, they provide a full-service experience, from spot trading to derivatives and even wealth management products. This exchange is our favorite due to mostly its competitive fee structure. It further provides onramps for a number of fiat currencies and custodial, specialized services to institutional clients. Here’s what we’ll cover in this complete guide to BitMart. It requires a deep scrutiny of its product suite, safety protocols, and general standing in the vast crypto exchange marketplace.
Diverse Trading Options
With an extensive variety of trading options available on BitMart, users can choose from thousands of trading pairs and markets, making it suitable for both novice and experienced traders. The platform supports spot trading for a multitude of cryptocurrencies, allowing users to buy and sell digital assets with ease.
For those looking to create more complicated trading strategies, BitMart provides users access to over 100 derivative products. Tether (USDT) and the United States Dollar Coin (USDC) round out this mix. They provide tremendous opportunities on hedging and leveraged trading on coin-margined futures contracts.
BitMart further allows users to buy crypto directly with more than 50 fiat currencies. This highlight encourages participation from first-time users. It opens the doors for them to acquire these new digital assets through real cash payment.
Premium Services and Earning Opportunities
BitMart goes beyond basic trading with premium options for high-net-worth individuals and institutions. BitMart Private Client offers high-value users dedicated services and personalized management with tailored solutions and deep analysis.
Using BitMart Earn, users can put their crypto assets to work and earn interest on various cryptocurrencies. This lucrative feature of I-Bonds provides interest rates that compound daily. It gives it a user-friendly option to anyone seeking to passively grow their digital asset portfolios.
Two principal-protected products lead BitMart’s wealth management category. These 14-day choices offer fixed-income and enhanced-return models, each paired with auto-roll capacities. These products give customers peace of mind. They do this by producing attractive financial returns with reduced risk to their principal.
Affiliate Program and Token Benefits
BitMart motivates the users to be active through its affiliate program. This new program gives influencers the tools to monetize their followers. They can receive up to 60% in commissions on futures trading, which fosters a beautiful community-oriented environment.
The affiliate program features three vibrant tiers of engagement—Inspiration, Impact, Influence. These tiers are based on the amount of followers or registered users that an affiliate controls. This flexible tiered structure gives affiliates the opportunity to increase their earnings as their audience grows.
For their part, BitMart is providing a discount of 25% on trading fees for all users who pay in the exchange’s token, BMX. This incentive aligns user behavior with the adoption and utilization of the platform’s native token.
With high interest rates, BitMart Savings enables everyone to multiply their crypto wealth effortlessly. This feature provides an array of savings products with differing terms and interest yield, allowing investors to choose the option that best matches their goals and investment climate.
Security and Reputation
BitMart holds a ranking of 16 on Coinmarketcap and 28 on Coingecko, reflecting its popularity and trading volume within the cryptocurrency exchange landscape. These rankings can give you a good sense of the platform’s overall popularity and level of user activity.
In terms of security, BitMart has a security rating of A on Certified and B on Crypto Compare. These ratings are meant to give a picture of a platform’s underlying security infrastructure and how they manage risks.
As one of the world’s "Top 200 Fintech Companies" awarded by CNBC in 2023, BitMart is like no other. This acknowledgment speaks to LendIt’s commitment to innovation and positive disruption of the financial technology landscape on a much larger scale.
