BitMart has carved out a solid spot in the crypto space, especially as we roll into 2025. With over 1,100 listed tokens, including hot picks like Shiba Inu, OnlyFans Token, and new DeFi gems, the exchange attracts both day traders and long-term holders.
But beyond the buzz, many ask: is BitMart legit, and more importantly, is BitMart safe in 2025? In this BitMart exchange review, we unpack everything from fees to compliance so you know what you’re signing up for.
Introduction to BitMart Exchange
First things first: what is BitMart? BitMart is a crypto exchange launched in 2017 and headquartered in the Cayman Islands. It offers both centralized and some DeFi-like services to a global user base. With 9+ million users across 180+ nations, BitMart has carved out its niche by offering access to thousands of tokens: niche altcoins, meme tokens, mainstream cryptocurrencies like Bitcoin and Ethereum.
So, is BitMart available in the USA? Officially, BitMart does not serve U.S. residents due to regulating reasons. However, some BitMart US customers still find ways around this using VPNs — not that we’re recommending it.
As for KYC, does BitMart require KYC? Not at registration. However, to withdraw larger amounts or access certain features, you’ll need to verify your identity. That said, BitMart withdrawal limit without KYC is around 2 BTC per day.
BitMart made headlines in 2021 for a major hack that cost users $196 million. That event raised questions like “is BitMart safe in the USA”? The good news: since then, the platform has introduced several new security layers, including withdrawal whitelisting, 2FA, and cold wallet storage.
BitMart Key Features
The BitMart crypto ecosystem isn’t just wide — it’s genuinely packed with tools for traders, investors, and yield hunters alike. Starting with spot and futures trading, the platform supports 1,700+ spot trading pairs and 150+ futures contracts.
Want leverage? You’ve got it — up to 100x on select pairs like BTC/USDT or ETH/USDT, though it’s definitely not for newbies or the faint of heart. Daily volume on the exchange frequently exceeds $500 million, making it one of the more liquid platforms outside the top three.
Holding the BMX token, BitMart’s native asset, gives users up to 25% discounts on trading fees. That’s no small perk — especially for active traders, moving size. There are also regular BMX buybacks and token burns, helping manage supply and offer long-term incentives for holders.
Next up is staking. BitMart’s staking options include flexible & fixed lock-ins, with APYs ranging anywhere from 3% for big-cap coins like USDT or ETH, to over 100% for micro-cap and newly launched tokens. Realistically, sustainable yields sit in the 5–15% range, but you’ll occasionally spot triple-digit promos.
Through the Launchpad, early birds can grab allocations in upcoming crypto projects, often at pre-market pricing. Past Launchpad events have included hot names like KATA, GENE, and XETA — many of which doubled or more on day one.
The NFT marketplace is smaller than OpenSea or Blur, but still functional. It supports buying and selling of curated NFT collections tied to crypto games, events, and fan tokens.
And if you’re wondering how to buy SafeMoon on BitMart, the process is dead plain. Deposit USDT or another major stablecoin, search for the SafeMoon trading pair (usually SFM/USDT), and execute a market or limit trade — all without jumping through hoops.
Trading Fees & Limits Compared
Understanding the BitMart fee structure is key for any serious trader. Fortunately, this crypto exchange keeps it straightforward — no hidden fine print, no confusing dynamic rates. Whether you’re dabbling in spot trading or going heavy on futures, the base fees are predictable.
Standard Trading Fees:
| Market Type | Maker Fee | Taker Fee |
| Spot | 0.25% | 0.25% |
| Futures | 0.02% | 0.06% |
Now, here’s where things get better. If you’re holding the BMX token, BitMart’s native asset, your trading costs drop — sometimes substantially. This is perfect for high-frequency crypto traders or anyone using bots.
BMX Holder Discounts, based on 30-Day Volume:
| BMX Holding | Maker Fee | Taker Fee |
| ≥ 100,000 BMX | 0.10% | 0.15% |
| ≥ 1,000,000 BMX | 0.08% | 0.12% |
Lower volume users can still benefit — just holding a few thousand BMX tokens knocks a few basis points off your fees, which adds up over hundreds of trades.
When it comes to withdrawals, BitMart charges per asset, not by volume. That means small, frequent transfers can eat into your balance if you’re not careful. But deposits? Those are always free.
Typical Withdrawal Fees:
- USDT (TRC20): ~$1 flat
- BTC: ~0.0005 BTC
- ETH: ~0.005 ETH
So if you’re moving Bitcoin often, be mindful — that 0.0005 BTC fee is around $33 (at $66k per BTC). BitMart withdrawal fees are on par with other centralized exchanges, but not the cheapest, especially for ERC-20 assets.
Still, for most casual and mid-level users, the balance between BMX savings, clear structure, and no deposit fees makes BitMart a competitive choice. Just don’t forget to calculate the cost of those outgoing crypto transfers if you’re pulling funds frequently.
BitMart Mobile App
The BitMart mobile app has seriously leveled up over the past few years. What started as a clunky, occasionally frustrating interface has become a solid, full-service tool for crypto trading on the go. Available on both Android & iOS, the app gives you access to nearly the entire BitMart exchange ecosystem — all packed into a sleek, intuitive interface.
You can execute spot and futures trades, manage your BitMart wallet, monitor real-time price alerts, and even participate in Launchpad events and token airdrops, all from the palm of your hand. The biometrics login — Face ID or fingerprint, adds an extra layer of security — a must-have for mobile access in 2025.
Key mobile features include:
- Integrated BitMart wallet with portfolio tracking.
- Access to staking, savings, flexible lockups.
- Full futures support, including up to 100x leverage.
- Direct entry into token launchpads and airdrop events.
- Real-time price alerts and push notifications for your watched tokens.
Is it perfect? Not quite. During high-traffic events — like a meme coin going parabolic — the app can still lag or freeze. It’s not frequent, but when you’re trying to sell into a pump, it matters. Compared to giants like Binance or KuCoin, BitMart’s analytics tools feel a bit barebones. You won’t get heatmaps or depth charts here.
That said, for 90% of retail crypto traders, the BitMart app hits the sweet spot: easy enough for beginners, fast enough for day-to-day use, and loaded with all the essentials. If you’re asking whether BitMart is accessible, usable, and safe on mobile, the answer is a solid yes — just maybe don’t rely on it as your only trading interface during volatile launches.
Customer Support & Reputation
Now let’s talk about BitMart reviews from real users. On Trustpilot, BitMart holds a rating of around 3.4/5. Common praise includes its platform layout and access to niche tokens. Complaints? Slow customer support and withdrawal delays.
BitMart scam accusations are mostly tied to that 2021 breach. Since then, the exchange has reimbursed affected users and boosted security. Still, when users see any kind of delay, forums light up with warnings.
BitMart US citizens often express frustration over restricted access. So, if you’re asking, “can you use BitMart in the US?” — technically, you shouldn’t, but many still do. Is it risky? Yes. Is it common? Also yes.
Other user insights:
- BitMart SHIBA INU support helped the exchange gain popularity during the 2021 meme season.
- The OnlyFans token BitMart listing caused a brief traffic spike in 2024 — funny, but true.
In conclusion, is BitMart a good exchange? For altcoin hunters and those outside the U.S., definitely. For U.S.-based users looking for fully compliant access and strong fiat support, other platforms may be better suited
