Bitmart vs Biking: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Bitmart and Biking This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

Bitmart

Biking

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

Yes

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

Yes

United Kingdom

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Bitmart is ideal if:

Wide crypto selection for altcoin enthusiasts — Great if you're exploring a broad range of tokens, including niche and newly launched assets.
Beginners and advanced users both catered to — Offers a simple Buy/Sell tool for newcomers and robust futures, spot, and charting interfaces for experienced traders.
Social and copy trading opportunities — Ideal if you want to mirror expert strategies or explore passive exposure through copy/social trading tools.

Biking is ideal if:

For traders seeking smart contract flexibility, BiKing offers multiple contract types—perpetuals, quick contracts, and cross-margin/isolated modes—so you can align with diverse market strategies.
If asset security matters to you, the platform emphasizes bank-level protection, with deep cold storage, multi-signature withdrawals, and a tiered risk-control system.
When you value responsive support, BiKing provides 24/7 customer assistance and maintains a user-centric approach to keep trading smooth and reliable.

Bitmart isn’t ideal if:

No demo or practice mode — Beginners lacking a risk-free environment may find it harder to learn before committing real funds.
Security concerns persist post-2021 breach — Even with improved measures, the prior major hack may still cause hesitation around fund safety.
Limited fiat access and tools — Less ideal if you prefer direct fiat deposits/withdrawals or need features like bots, proof-of-reserves, or wallet insurance.

Biking isn’t ideal if:

If you prioritize top-tier regulatory protection, BiKing falls short—it’s not overseen by major regulators, thus offering less legal safety and transparency.
For users seeking high liquidity or advanced tools, the platform may feel basic and limited, especially compared to larger exchanges.
Concerned about reputation and transparency? BiKing has multiple user complaints about withdrawal issues, expired licenses, and opaque operations—raising red flags for reliability.

Fees & Total Costs

Spot Maker/Take

BitMart uses tiered spot fees based on trading volume and a pairing class system (Class A, B, C). You can also reduce costs by holding or using the BMX native token, which typically grants a sizable discount on maker/taker rates.

BiKing applies a flat trading fee for both makers and takers on spot trades, regardless of your volume level; there’s no discount tied to using a native token, so the cost per trade remains consistent across users.

Futures/Derivatives

Maker/Taker and Funding

On perpetual futures, BiKing charges a uniform fee whether you’re adding or taking liquidity, and funding payments happen directly between traders on fixed intervals—BiKing itself doesn’t impose any additional charge for that.

Average Spreads on Liquid Pairs

For high-liquidity pairs like BTC/USDT and ETH/USDT, spreads usually remain narrow and market-competitive, making them more cost-efficient for active traders.

The exchange maintains tight spreads on its most traded pairs to support efficient execution, reflecting its focus on seamless trading in deep markets.

Fiat Deposits & Withdrawals

Methods, Fees, Times

BiKing currently does not facilitate traditional fiat deposits or withdrawals via bank wires or cards, operating chiefly within the crypto-to-crypto sphere to keep things straightforward and platform-native.

On-chain Withdrawals

Fixed vs. Dynamic by Network (BTC, ETH, TRX, etc.)

Withdrawal costs are dynamically calculated based on network conditions—BiKing passes along the prevailing network fee for each blockchain rather than using a fixed fiat-denominated rate.

Hidden Costs

Currency Conversion, Inactivity, KYC Express, etc.

There’s no evidence BiKing applies fees for things like currency conversions, account inactivity, or expedited verification processes, making its structure transparent and predictable beyond standard trading and withdrawal costs.

Real-World Cost Example: “€500 BTC

Buying €500 in BTC (Fee + Spread + Withdrawal)

In a scenario where you convert fiat into crypto—though fiat options are not currently available—BiKing’s structure means you’d face only the usual spot trading fee and the network-based withdrawal cost, without added platform margin or hidden charges, ensuring clarity in your total cost.

Crypto Offering & Trading Features

Number of Coins & Pairs

BitMart supports a wide cryptocurrency catalog (1,400+ assets) and offers over 1,050 spot trading pairs; its top 20 by volume typically include the usual heavyweights like BTC/USDT and ETH/USDT among others.

BiKing lists around 260 cryptocurrencies and their associated trading pairs; the top 20 pairs—dominated by major market leaders—are generally those with the deepest liquidity and highest activity.

Product Range

You’ll find a full trading suite on BitMart

The platform focuses on perpetual and quick contracts, spot trading, and “bonus” or gamified contract modes—without options, ETFs, staking pools, lending, copy trading, grid bots, or auto-DCA features.

Liquidity

BitMart regularly achieves multi-billion-dollar daily volumes; its order books for liquid assets like BTC and ETH are deep and tight enough for efficient execution in most conditions.

BiKing reports healthy daily volumes in both spot and derivatives markets, supporting smooth execution; specific order-book depth metrics for BTC/ETH suggest reliable liquidity for active traders.

Tools

The platform offers limit, stop, and OCO orders, alongside charting tools, alerts, a native API/WebSocket interface, and integration with TradingView for advanced analysis.

BiKing supports standard order types like limit, stop, and OCO, and includes charting and API access, though it lacks built-in TradingView integration or advanced alert systems.

Geographic Restrictions by Product

Product availability varies by region—certain jurisdictions may face restrictions, particularly around derivatives (e.g. perps and margin aren’t always available everywhere due to regulation).

Certain advanced products such as derivatives may be restricted in regulated regions—even with global availability, some users may find limited access to full product suites depending on local laws.

Innovation

BitMart continues innovating with features like a flexible vs. locked earn program, its in-house token launchpad, and expanded copy trading options that enhance user engagement.

While lacking a traditional launchpad, BiKing does offer bonus-mode trading (a task-based rewards system) and appears exploring features like GameFi zones to engage users in flexible, incentive-driven trading experiences.

Security, Regulation & Custody

Operating Entity & Jurisdiction

BitMart is operated by GBM Global Holdings Ltd., founded in 2017, and headquartered in the Cayman Islands.

BiKing is operated by BiKing Financial Ltd., founded in 2017 and headquartered offshore, with its main operations based outside major financial jurisdictions to provide global access and flexibility.

Licenses/Registration

It holds a Money Services Business (MSB) license from the U.S. FinCEN, indicating strong anti-money-laundering compliance—but lacks broader EU or MiCA-specific licenses.

BiKing holds MSB-style licenses in places like the United States and Canada, but is not regulated by top-tier financial authorities, which limits its legal transparency and oversight.

Custody

BitMart manages assets through a hybrid hot/cold wallet setup, with partial disclosures of hot wallet addresses as part of its transparency push; however, full proof-of-reserves or cold storage percentage data remains pending.

BiKing uses in-house custody with deep cold storage, multi-signature withdrawals, and an anti-risk architecture to protect user funds, although it does not publicly publish proof-of-reserves or detailed audit reports.

Insurance & Protection Funds

There’s no public information about dedicated insurance or user protection funds being in place to cover losses from hacks or other security incidents.

There’s no publicly disclosed insurance or user compensation fund, meaning users rely primarily on BiKing’s internal security framework rather than external protection schemes.

Incident History

In December 2021, BitMart suffered a high-profile security breach that resulted in around $196 million stolen; the team pledged reimbursements and has since reinforced security infrastructures.

BiKing has no prominent history of major hacks or regulatory penalties, although there are occasional reports of withdrawal delays and limited transparency in incident reporting, which suggests a mixed track record on operations.

Risk Controls

The platform includes standard safety features like two-factor authentication, anti-phishing codes, API key restrictions, and an institutional-grade sub-account system.

The platform supports robust safety features such as two-factor authentication, encryption, intrusion prevention systems, and expressive API controls, all reinforced by firewall protections and multi-layer risk policies.

Transparency

BitMart has taken steps toward openness by sharing hot wallet addresses and working on Merkle-tree based proof-of-reserves, although regular audit reports, SLA commitments, or full public reserve disclosures are not yet available.

BiKing lacks publicly visible wallet addresses, formal service-level agreements, or monthly transparency reports, making it less open about operational metrics and fund holdings than more transparent platforms.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

BitMart supports fiat deposits via credit/debit cards (Visa, Mastercard), bank transfers, and integrated third-party gateways like Simplex, MoonPay, Banxa and others; minimums start around USD 30, and processing varies by provider—from instant to a few days.

BiKing does not support traditional fiat deposit methods—like bank transfers, cards, or e-wallets—so there’s no associated limits or processing times to consider.

Supported Fiat Currencies & Conversion

BiKing does not support traditional fiat deposit methods—like bank transfers, cards, or e-wallets—so there’s no associated limits or processing times to consider.

KYC (Verification Levels)

BitMart offers non-KYC access, plus two personal levels—Starter and Advanced—that unlock higher daily withdrawal caps (Starter

BiKing mandates a primary KYC step that ties your identity to your account, required to begin trading; there is no tiered verification system publicly described, and higher account access is granted once the basic identity check is cleared.

Withdrawals

Crypto withdrawals support a broad range of networks (e.g., ERC-20, TRC-20, BEP-20), with limits and speeds depending on KYC level and network congestion; fiat withdrawals are also routed through select third-party gateways with similar variability.

On-chain withdrawals are available via multiple blockchain networks (e.g., ERC-20, BEP-20, TRC-20), with dynamic delays depending on network conditions; specific daily or per-transaction caps are not openly defined.

Customer Support

BitMart offers 24/7 live chat, email/ticket support, and a help center; response speed is inconsistent by user feedback, and the knowledge base provides general guidance but may lack deeper troubleshooting.

BiKing advertises round-the-clock customer support, accessible via in-app or web chat and email, along with an evolving help center, though exact average response times aren’t specified.

Languages & Localization

The user interface is available in English (with fiat shown in EUR/USD based on user region), though localized regulatory disclaimers can vary depending on where you access the platform from.

The interface is fully available in English among other languages; while fees or quotes aren’t localized to € or $ specifically, the platform remains region-agnostic without deep alignment to particular local regulatory setups.

App Quality & Stability

The BitMart mobile app is available for iOS and Android, offering a smooth trading experience overall; while occasional bugs or temporary crashes occur, regular updates aim to enhance stability and add new features.

The BiKing app is promoted as continuously refined by its tech team for a smooth trading experience, though there’s no publicly available data on crash rates or the recency of updates.

Experience, Performance & Ecosystem

UX/UI

BitMart provides both “Lite” and “Pro” interface modes—“Lite” is clean and beginner-friendly, while “Pro” offers deeper charts and tools—so the learning curve remains gentle and scalable whether you’re new or advanced.

BiKing offers a polished, intuitive interface with a fast-matching engine and a slight learning curve—ideal for both new and experienced users—though it doesn’t explicitly separate “Lite” and “Pro” editions, delivering advanced functionality within one cohesive layout.

Performance

The upgrade to Futures V2.0 halved order latency and boosted system stability and matching capabilities, delivering smoother performance even during surges, though occasional order connector quirks reported by bot users can emerge.

The platform emphasizes microsecond-level order matching and anti-risk mechanisms to keep operations stable during spikes in market volatility, maintaining responsiveness when others might lag.

Education

BitMart Academy equips users with structured content from beginner to advanced levels, but there’s no live demo or simulated trading available, and Spanish-language materials are limited or mixed with machine translations.

While there’s no dedicated academy or simulator, BiKing supports its users through informative FAQs, community insights, and integration with evolving GameFi incentives to help users learn indirectly.

Community

BitMart supports an affiliate/referral program, and while active user groups exist on Discord or Telegram unofficially, the platform doesn’t yet operate fully centralized forums or reward-based official communities.

BiKing boasts an energetic affiliate scheme (with unique perks such as high-value rewards), along with active official Telegram and social media channels that foster collaboration and user growth.

Integrations

With full TradingView charting access via the “BITMART:” prefix, plus a robust API and WebSocket support, BitMart integrates seamlessly with external bots and tools—though tax/accounting tool partnerships remain sparse.

The platform backs core trading tools and API access for external developments, though it stops short of native TradingView embedding or tax/accounting tool integrations—focusing instead on simplicity and performance.

Who Each One Is Best For

BitMart suits traders seeking a quick-start experience with flexible interfaces and strong third-party integrations, while developers or algorithmic traders benefit from reliable API access and TradingView support.

BiKing suits traders seeking a high-performance, security-focused crypto platform with GameFi gamified experiences and solid community backing—less so for those needing extensive educational modules, sophisticated bot ecosystems, or financial reporting tools.