BitMart - bitmart.com

[Nayana Patil]

What is BitMart?

BitMart is a crypto trading platform created by cryptocurrency enthusiasts. The BitMart Foundation has offices all over the world but is based in the Cayman Islands. The network offers spot trading, OTC trading, futures contract trading, and other digital assets services.

The trading platform has been translated into 6 languages, including Russian and English. For convenience, the official Android, iOS, and Mac OS applications have also been developed.

BitMart Features

1.  Payment methods: It accepts a wide range of payment options, you can purchase Bitcoin with a credit card, bank transfer, gift cards, PayPal, cash deposits, etc. 
2. Fees: The deposits made are fully free of charge, while the withdrawal fees vary from coin to coin and are often tailored to blockchain conditions. The trading fees are 0.25% for both the makers and takers
3. Security: To increase the level of account security, two-step user authentication and a pin code for trading operations were added to the trading platform.
4.  Customer Support: For all questions that arise, you can contact those support by email or on the official page in Telegram. Online chat on the platform has not yet been provided.
5.  Mobile App: BitMart also offers its platform as a mobile application. Thus you can start trading crypto at BitMart on the go through your mobile device.

BitMart Fees and Limits

BitMart does not distinguish between takers and makers. Instead, they charge flat fees of 0.25% regardless of both of them. The trading fees are also decreased on the basis of the trading volume and the reserves of the BitMart native token, the BMX.

This exchange charges a withdrawal fee of 0.0005 BTC when you withdraw BTC. This fee is much smaller than the industry average. BitMart thus has a very attractive price in terms of both trading costs and withdrawal costs.

Source: CoinPedia

[Ben Jonas]

Awesome review. Thanks for sharing