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BitMart Cryptocurrency Exchange

BitMart Cryptocurrency Exchange

General information

BitMart was founded in 2018 in the Cayman Islands (a well-known offshore haven of oligarchs around the world) and is officially licensed. It offers a standard TradingView terminal for trading cryptocurrencies. There is also a mobile application for cryptocurrency trading. All versions of the terminal are optimized and work stably on most trading systems.

Bitmart Exchange is an international cryptocurrency trading platform. Trading options include bitcoins, Ethereum, Litecoin, Ripple, Dash, EOS, HEX, as well as dozens of other cryptocurrencies and tokens, and the pool of monetary instruments is constantly expanding. There are no fiat currencies on the exchange.

The exchange offers users two interfaces: a simplified one and an advanced one for spot trading. The first is interesting for beginners; the second is for advanced users. There is trading in futures with leverage up to x100. The exchange is distinguished by large trading volumes (up to $ 100 million per day), as well as a high level of protection of user data and funds. Cryptocurrencies are stored in cold wallets. In addition to standard registration, there is AML verification.

Commissions are below the market average and can be further reduced by discounts. There is a profitable referral program with payments up to 30% of referral commissions. In general, the platform is considered functional and convenient, provides all the opportunities for both active and passive earnings.

Main characteristics and trading functionality

“Bitmart ” does not set minimum deposit limits. The client decides for himself how much money to deposit to start trading. Registration is free. In the future, you do not need to pay for the maintenance of a multicurrency account. Leverage is not provided for spot trading, but for futures trading it is up to a maximum of “x100”. Technical support is provided by email only. Specialists usually respond within 24 hours. The list below shows the main trading conditions.

  • Trading platform: own platform based on TradingView
  • Accounts: Standard
  • Account currency: cryptocurrencies Bitcoin, Ethereum, Litecoin, Ripple, Dash.
  • Deposit / Withdrawal: bank cards, electronic accounts and cryptocurrency wallets;
  • Minimum deposit: 0.1 dollar
  • Leverage: up to 1: 100 (futures);
  • PAMM account: No;
  • Minimum trade order: from $ 0
  • Spread: up to 0.2%
  • Trading instruments: Bitcoin, Ethereum, Litecoin, Ripple, Dash, etc.
  • Margin Call / Stop Out option: No;
  • Liquidity pool provider: No
  • Mobile Apps: Available
  • Affiliate program: Available
  • Contests and bonuses: None.
  • Exchange registration: Grand Cayman, Midland, Cayman Islands
  • Official site – https://www.bitmart.com/
  • Contact: Email: [email protected] and [email protected] < / span>

Commissions and Fees

There are 8 trading levels for calculating trading commissions on the exchange Bitmart exchange which are calculated every month. The commission 0.25% corresponds to the zero level. At the eighth level, the taker / maker commission is 0.075%.

The standard tier system has a 25% discount on commission fees, this discount can be increased up to 35% if the trader goes through the pro tier system consistently. To become a professional, you need to increase your trading volumes. At the maximum professional level, trading commissions are 0.015% for the maker (seller) and 0.020% for the taker (buyer).

There is no deposit fee, but there is a withdrawal fee. The withdrawal fee, like the minimum withdrawal amount, depends on the asset. For example, for BTC: you can withdraw at least 0.005 BTC, and the commission is from 0.0005 BTC.

Summary.

Cryptoexchange Bitmart, overview which was presented in this article has everything modern opportunities for high-quality cryptocurrency trading. There is a terminal for spots and futures. There are various client-side options for the spot trading interface for beginners and professionals alike. The platform has low trading fees, which can be further reduced by increasing the trading level and discounts. They have lucrative investment programs and a two-tier referral program for passive earnings. The exchange is distinguished by its simplicity of operation, a high level of security and large trading volumes.

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