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

Trying to choose between Bitmart and Bit 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

Bit

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

Yes

United Kingdom

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.

Bit is ideal if:

You want access to a professional-grade platform with advanced derivatives and options for major cryptocurrencies.
You prefer a unified margin account that simplifies collateral management across spot, futures, and options.
You value institutional-level liquidity and infrastructure backed by a reputable global crypto finance group.

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.

Bit isn’t ideal if:

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.

BIT uses a tiered fee structure where maker and taker rates decrease as your 30-day trading volume increases, and some users benefit from additional discounts by using the platform’s native token to pay fees.

Futures/Derivatives

Maker/Taker and Funding

Futures trades follow a similar tiered model with both maker and taker fees declining as your volume grows; funding rates are dynamic and reflect real-time market demand but are transparently displayed on the trading interface.

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.

On highly liquid pairs like BTC/USDT and ETH/USDT, typical spreads are very tight, thanks to strong liquidity and professional market infrastructure—even though exact values aren’t publicly listed, they remain consistently narrow.

Fiat Deposits & Withdrawals

Methods, Fees, Times

BIT’s fiat support is limited, and where offered (e.g. via partners), deposit and withdrawal options—such as bank transfers—exist but with general processing times of hours to days and no fixed fee details publicly disclosed.

On-chain Withdrawals

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

Crypto withdrawals incur network-based fees that adjust dynamically per blockchain (e.g., BTC, ETH), instead of a flat rate—this means actual costs vary in real time according to network congestion.

Hidden Costs

Currency Conversion, Inactivity, KYC Express, etc.

There may be subtle costs like currency conversion when trading non-supported stablecoins, inactive account fees, or expedited KYC processing—but BIT emphasizes transparency, and these are minimal or avoidable through regular activity.

Real-World Cost Example: “€500 BTC

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

A €500 BTC purchase would include the spot fee (based on your VIP tier), a tight spread typical for Bitcoin, and an on-chain withdrawal fee that fluctuates with network conditions—all combined to present a total cost that remains competitive and transparent.

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.

BIT lists over 130 cryptocurrencies and around 160+ trading pairs overall, with the top 20 by volume including BTC/USDT, ETH/USDT, SOL/USDT, PEPE/USDT, XRP/USDT and others leading daily activity.

Product Range

You’ll find a full trading suite on BitMart

The platform supports spot, perps (futures), US dollar–settled options, convert/swap, savings/earn, copy trading, block trades, and automated rebalance strategies— all unified under their single account model.

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.

BIT provides high liquidity and deep order books in major pairs like BTC/USDT and ETH/USDT, backed by institutional infrastructure, yielding tight spreads and strong execution even under heavy volume.

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.

Traders can use limit, market, and OCO orders, set alerts, access advanced charting, leverage TradingView integrations, and connect via robust API/WebSocket endpoints.

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 products such as derivatives (futures and options) are restricted in several jurisdictions—including the United States and parts of Asia—depending on local law and platform policy.

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.

BIT continuously launches new offerings like launchpad-style products, evolving earn features with flexible and locked staking options, and expanding USD-settled options across various assets.

Security, Regulation & Custody

Operating Entity & Jurisdiction

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

BIT is operated by a Seychelles-registered entity established around 2020, headquartered in that jurisdiction, leveraging offshore incorporation to serve a broad global clientele.

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.

It’s registered under the Seychelles Financial Services Authority (FSA) as a crypto-service provider, though it does not hold equivalent licenses under EU MiCA or major markets like the U.S.

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.

Client funds are predominantly held in multi-signature cold storage across multiple continents with institutional-grade encryption; BIT is working toward combining both proof of reserves and proof of liabilities using Merkle-tree verification to enhance transparency.

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.

The platform maintains an internal insurance fund—designed to absorb losses in extreme market conditions and support its liquidation system as a layer of fund protection.

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.

BIT has maintained a clean track record with no publicly reported hacks, service suspensions, asset freezes, or regulatory penalties to date.

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.

Security measures include mandatory two-factor authentication (2FA), IP and withdrawal whitelists, anti-phishing safeguards, and support for sub-accounts and granular API permissioning to manage operational risk.

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.

While BIT does not publish monthly audit reports or public wallet lists, it provides insurance fund status updates and aims to establish tools for verifying reserves and liabilities, offering growing transparency to users.

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.

BIT supports fiat deposits via bank transfer, credit/debit cards, and e-wallets depending on your region, with minimums and maximums and processing times clearly shown on the deposit screen once you initiate the flow.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

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

The KYC framework includes levels like “Basic” and “Advanced” (or equivalent), where unverified users face strict limits or no fiat access, and completing higher KYC tiers unlocks full deposit, withdrawal, and product access.

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.

Limits, Timing & Networks

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.

BIT offers 24/7 live chat and email support, with a comprehensive help center filled with FAQs and guides; response times vary but generally are prompt—especially for basic queries.

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 platform is native in English (and often other major languages), shows pricing and fees in local currencies like USD/EUR, and tailors certain services according to regional regulatory compliance.

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 BIT mobile app is regularly updated on both iOS and Android, designed for smooth performance with minimal crashes, and offers a clean interface that mirrors the web experience.

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.

The interface is clean and beginner-friendly, offering an intuitive experience without overwhelming the user—advanced options are accessible but smoothly integrated, helping you transition as you grow.

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.

BIT’s matching engine delivers ultra-low latency (under 50 ms), ensuring fast order execution; systems remain stable even during volatility spikes, with KYC processes generally unaffected by market surges.

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 BIT doesn’t have a dedicated academy or simulator, it offers in-platform guides and multilingual content (including Spanish), helping users understand features without external research.

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.

Users can connect via BIT’s official Telegram and referral programs, enabling peer interactions and rewards, though there’s currently no full-fledged forum or Discord hub.

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.

Charts on BIT include TradingView integrations, and the platform supports external tools like copy trading strategies and some basic tax/accounting exports, though comprehensive third-party bot support is limited.

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.

BIT is ideal for those seeking a straightforward yet powerful trading platform—great for beginners who appreciate clarity and for intermediate users who want solid tools without a steep learning curve.