What is BitMart?
BitMart Overview. Key Features and Reputation
Year Founded
2017
Headquarters
Cayman Islands
Regulatory Status
Operates in many regions but with varying levels of compliance and potential restrictions
Suitable For
Traders seeking a wide altcoin selection, those interested in staking, and those who prefer a beginner-friendly platform
Bitmart is a mid-sized cryptocurrency exchange known for its extensive selection of altcoins, staking options, and user-friendly interface. It caters to a range of traders but has faced a significant security incident in the past. If you seek access to a variety of smaller-cap coins and prioritize a streamlined experience, Bitmart might be worth considering alongside a careful assessment of its updated security measures.
BitMart Assets & Features
Fiat Support
Supports various fiat currencies (USD, EUR, etc.) primarily through third-party providers.
Trading Tools
Interface types: Offers basic and advanced trading interfaces
Order Types: Market, limit, stop-limit, and more.
Additional Features
Bitmart Earn: Staking and various yield-generating products.
NFT Marketplace: For buying, selling, and minting NFTs.
Futures Trading: Offers futures contracts with leverage.
BitMart Fees & Security
Fee Structure
Trading fees: Tiered maker/taker model with discounts based on trading volume and BMX token (Bitmart's native token) holdings.
Deposit and Withdrawal fees: Vary significantly depending on the selected asset and method.
Security
Security measures: 2FA, cold storage, address whitelisting.
Bitmart's transparency regarding security practices and insurance coverage may not be fully comprehensive.
BitMart Customer Support
Channels
Ticketing system, email, help center, and social media presence.
Availability & Responsiveness
Can be inconsistent based on user reports, with potential for lengthy resolution times.
Should You Consider BitMart for Your Crypto Needs?
Bitmart might be worth exploring if these factors align with your priorities:
Altcoin Discovery
Its vast selection of altcoins is a major draw for those seeking exposure to smaller-cap or newly launched projects.
Staking Interest
Bitmart offers various staking options for earning yield on your crypto holdings.
User-Friendly Approach
The platform’s interface is designed to be accessible for beginners.
How to track BitMart assets?
Monitor and capitalize all your BitMart assets with auto-synced data about coin prices, NFT floor prices, advanced analytics and custom asset based opportunities.
Easy guide to track and capitalize all your BitMart assets
From API Management create a new Read-Only API and follow the security validation steps
Use the Hodlezz mobile app to get more out of your CEX assets
Open the Hodlezz mobile app and create a portfolio
Select the settings icon in your portfolio
Select [Add connector] from the menu
Select [Bitmart] to sync all your Bitmart assets
Choose a name for your connector and insert your public and secret key of your Read-only API
Start tracking all your crypto assets now
Experience seamless management of your digital assets with Hodlezz: the premier app for real-time tracking and analytics of your cryptocurrencies and NFTs.