Bitmex vs Buyucoin: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Bitmex and Buyucoin 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

bitmex

Bitmex

BuyUCoin

Buyucoin

⚠️ We look for what’s best for you.

Getting into crypto? With eToro you can start in minutes: buy/sell top coins, set recurring buys, track markets, and use Social/CopyTrader features.

👉 Start here and explore the crypto offer.

Table of Contents

Available Countries

United States

no

Europe

yes

Latin America

yes

India

yes

China

no

Canada

no

United Kingdom

yes
No

United States

Yes

Europe

Yes

Latin America

Yes

India

No

China

Yes

Canada

Yes

United Kingdom

Thinking about starting with crypto? This is for you.

In select regions, eToro offers a $10 welcome bonus when you open an account today.*

🎯 An account built to help you start with crypto—without the hassle.

➕ Buy and sell top cryptocurrencies in minutes

➕ Recurring buys, price alerts, and advanced charts

➕ Social/CopyTrader™ to follow experienced investors

➕ One of the largest and most trusted platforms worldwide

etoro logo.webp

Limited-time promotion — still available.

*Offer subject to terms, eligibility and regional availability. Don’t invest unless you’re prepared to lose all the money you invest.

Bitmex is ideal if:

Buyucoin is ideal if:

Bitmex isn’t ideal if:

Buyucoin isn’t ideal if:

Fees & Total Costs

Spot Maker/Take

Maker and taker fees on spot are tiered based on your 30-day trading volume or BMEX tokens staked; higher tiers mean lower percentages for both, and staking BMEX may further reduce taker fees and increase maker rebates.
BuyUcoin charges a flat trading fee of around 0.24 % for both maker and taker trades (including relevant taxes), without offering tiered volume discounts or reductions for using its native token.

Futures/Derivatives

Derivatives follow a volume-based tiered fee structure with negative maker fees (rebates) and modest taker fees; funding payments on perpetual contracts occur roughly every eight hours and fluctuate depending on market conditions and your position.
BuyUcoin does not currently offer futures or derivative contracts, so there are no maker/taker fees or funding rate mechanisms to consider.

Average Spreads on Liquid Pairs

BitMEX typically offers tight spreads in its most liquid pairs, keeping them competitive and only slightly wider than those found on major centralized exchanges.
Trading spreads for major pairs like BTC/USDT or ETH/USDT aren’t explicitly published on the platform, though users report that liquid pairs generally maintain competitive spreads thanks to its decent market depth.

Fiat Deposits & Withdrawals

Fiat can be funded via credit/debit cards, bank or instant transfers, and services like Apple Pay, with fees determined by the third-party provider; processing times and costs vary by method and region.
You can deposit INR via bank transfers (including UPI, IMPS, NEFT/RTGS) or card options; bank-to-bank transactions typically have minimal processing delay and no direct fees, though instant cash-outs to cards may incur additional charges and processing time may vary.

On-chain Withdrawals

Crypto withdrawals incur either a dynamic network fee for Bitcoin or fixed fees for other assets; BitMEX doesn’t charge the fee itself, although Bitcoin fees adjust with network congestion and some assets display fixed withdrawal charges.
Withdrawals of crypto assets are charged as fixed network-based fees (for example, BTC withdrawals are a set amount of BTC), not percentage-based, and rates differ by blockchain—BuyUcoin covers moving crypto between own wallets for free, but external transfers incur standard network fees.

Hidden Costs

There are minimal extra costs—currency conversion fees may apply via your payment provider, there’s no inactivity fee, and expedited KYC may have unspecified third-party costs but none imposed by BitMEX.
BuyUcoin has no KYC or inactivity fees, nor storage charges, and sends within its own ecosystem incur no transfer fees; currency conversion costs are implicit in spreads rather than explicit charges.

Real-World Cost Example: “€500 BTC

If you convert fiat to crypto equivalent of 500 €, the total cost would encompass your third-party payment-processing fee, the slightly wider spread, and the on-chain withdrawal fee — all varying by method and network conditions, with no extra platform charges added by BitMEX.
If you convert €500 to BTC, you’d first use INR (so there’s currency exchange implied), pay a ~0.24 % trading fee embedded in the buy price, then face a spread implied in the rate, and finally incur a fixed network fee when withdrawing, depending on the specific chain—so your total cost would reflect trading fee + spread + withdrawal fee.

Crypto Offering & Trading Features

Number of Coins & Pairs

BitMEX lists over 100 cryptocurrencies across roughly 180 trading pairs; the most traded tops (such as BTC/USDT, BMEX/USDT, ETH/USDT) dominate volume share, reflecting its focus on highly liquid assets.
BuyUcoin currently lists over 170 cryptocurrencies, including most of the top-20 coins by market cap, offering a wide selection for spot trading across well-known tokens.

Product Range

BitMEX offers spot trading, margin, perpetual swaps, futures, and options, plus copy-trading and automated grid-bot support—but lacks crypto ETFs, staking/earn products, loans, or built-in DCA automation.
The platform focuses on spot trading, OTC trades, staking (and earning through NFTs), recurring buys like SIPs, and an NFT marketplace—margin, futures, options, ETFs, and bots are not yet available.

Liquidity

The exchange exhibits strong liquidity in perpetual futures like BTC and ETH, with billions in daily volume and substantial book depth within tight ±1% spreads, ideal for high-speed, high-volume execution.
While precise figures aren’t published, liquidity for major pairs such as BTC and ETH is sufficient for smooth execution, though deeper institutional-level data and 24-hour volume statistics remain unclear.

Tools

Traders benefit from a full suite of pro-grade tools
Users get standard order types like limit and stop, along with charting via integrated views, but advanced features like OCO, native TradingView, alerts, or API access have limited visibility and may not be fully implemented.

Geographic Restrictions by Product

Derivative products—including futures and options—are blocked for users in restricted jurisdictions such as the US, Canada (Quebec), Hong Kong, Seychelles, and parts of Russia or sanctioned regions; other areas only see limited offerings.
BuyUcoin’s services are tailored for Indian residents only, with fiat options limited to INR; that means global availability of advanced products like derivatives or margin is restricted.

Innovation

While BitMEX lacks launchpad/launchpool initiatives and structured earn offerings, it stands out with novel features like staking incentives via its BMEX token and flexible fee rebate structures for active users.
The platform stands out with its NFT marketplace, SIP-based recurring crypto buys, cashback scratch cards, and flexible vs locked staking—features that reflect creative engagement rather than traditional financial tools.

Security, Regulation & Custody

Operating Entity & Jurisdiction

Operated by HDR Global Trading Limited, incorporated in 2014 under the Seychelles’ International Business Companies Act, with its registered office in Mahé, Seychelles.
BuyUcoin is legally operated by iBlock Technologies Pvt. Ltd, established in 2016 and headquartered in the Delhi-NCR region of India.

Licenses/Registration

The platform does not appear to hold formal VASP or EU MiCA licenses and operates primarily under Seychelles jurisdiction, without registration under major global financial frameworks.
BuyUcoin is officially registered as a reporting entity under India’s Prevention of Money Laundering Act (PMLA) and holds registration with the Financial Intelligence Unit – India (FIU-IND).

Custody

Customer assets are ring-fenced and held in segregated hot and cold wallets; BitMEX publishes a Proof of Reserves and Liabilities snapshot twice weekly for full auditability, though no third-party audits or reserve ratios are published.
Custody is handled in-house by BuyUcoin; there’s no publicly available proof of reserves, audit reports, or details on the proportion of assets held in cold storage.

Insurance & Protection Funds

A sizable internal insurance fund is maintained to safeguard traders against deleveraging impacts, helping ensure solvency even during market stress.
There are no public disclosures indicating institutional insurance or a protection fund covering user assets in the event of a breach or insolvency.

Incident History

Though there have been no major public hacks or system outages recently, BitMEX faced extensive legal scrutiny and a $100 million fine in 2025 for AML/KYC violations; its founders also faced regulatory penalties.
BuyUcoin has no recorded history of major security breaches, platform-wide suspensions, regulatory fines, or notable withdrawal freezes to date, based on public records.

Risk Controls

The platform enforces strong security practices including 2FA, customizable API permissions, anti-phishing safeguards, and support for whitelists and sub-accounts to enhance user protection and operational control.
Basic security measures like mandatory KYC and anti-money laundering policies are in place, but more advanced features—such as two-factor authentication, address whitelisting, anti-phishing tools, sub-accounts, or granular API permissions—are either limited or not visibly featured.

Transparency

BitMEX offers high transparency via its twice-weekly proof of reserves reports; however, there are no public wallet addresses or official monthly reports, and no published service-level guarantees.
While BuyUcoin participates in regulatory sandbox initiatives and maintains compliance reporting via FIU-IND, it does not offer monthly transparency reports, public wallet statements, or a formal service-level agreement (SLA) for uptime or responsiveness.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Fiat purchases are available only through integrated third-party providers using credit/debit cards, Apple Pay, Google Pay, Revolut, and similar e-wallets; there’s generally no minimum set by BitMEX, processing is near-instant for cards, while transfer speeds depend on the provider.
Bank transfers via IMPS, UPI, NEFT, and RTGS are available for depositing INR; there are no minimum or maximum amounts publicly listed, and funds usually arrive quickly depending on the chosen transfer method.

Supported Fiat Currencies & Conversion

Fiat purchases are available only through integrated third-party providers using credit/debit cards, Apple Pay, Google Pay, Revolut, and similar e-wallets; there’s generally no minimum set by BitMEX, processing is near-instant for cards, while transfer speeds depend on the provider.
Bank transfers via IMPS, UPI, NEFT, and RTGS are available for depositing INR; there are no minimum or maximum amounts publicly listed, and funds usually arrive quickly depending on the chosen transfer method.

KYC (Verification Levels)

BitMEX requires full identity verification for all users before allowing deposits, trades, or withdrawals, with no tiered or anonymous access—this KYC obligation applies across the board with no optional levels.
BuyUcoin operates with mandatory KYC; beyond that, the platform does not publicly distinguish between basic or advanced tiers or provide specific transaction limits for each tier.

Withdrawals

Crypto withdrawals are enabled across multiple networks (e.g. ERC-20, TRC-20), with dynamic fees based on network and no firm minimums declared by the exchange, though low-value blockchain limits may apply; withdrawal times vary with network congestion.
Crypto withdrawals are subject to fixed network fees and processed on typical blockchains (e.g. BTC, ETH), with timing and limits largely dependent on network congestion and internal review standards, but multi-network options or daily caps aren’t explicitly disclosed.

Customer Support

BitMEX offers support via email and live chat (availability not explicitly stated as 24/7), supported by a robust help center and guides, though no official average response times are published.
Users can access support via help center articles, email, and live chat (when available), though response times vary; the platform also provides an FAQ section for self-help guidance.

Languages & Localization

The platform and app are primarily in English; displayed pricing can adapt to user’s local fiat (€, USD); however, localized regulatory compliance and currency support depend on the user’s jurisdiction and corresponding payment provider.
The interface operates in English and INR pricing, tailored primarily to Indian users; international fiat display or regulatory tailoring is minimal, as it focuses on the local market.

App Quality & Stability

The BitMEX app is professionally developed, offering mobile trading and wallet features, generally reported as stable—while detailed crash rate metrics aren’t published, it receives regular updates and maintenance to ensure smooth performance.
The mobile app offers several security layers (2FA, PIN, biometric login) and promises fast deposit/withdrawal performance; while user feedback varies, recent updates suggest ongoing maintenance with occasional performance reports.

Experience, Performance & Ecosystem

UX/UI

BitMEX delivers a powerful, feature-rich interface that caters more to seasoned traders than newcomers—there’s no “Lite” mode, but its streamlined dashboard and customizable chart workspaces help reduce complexity once you’re familiar.
BuyUcoin presents a clean, mobile-first interface with both light and dark themes; onboarding is straightforward, minimizing friction, though it doesn’t offer distinct “Lite” or “Pro” modes.

Performance

Thanks to recent engine upgrades, order responses now often register under 200 ms, latency reduced dramatically, and the platform has handled major volatility surges without overload or slowdowns; KYC queues are generally fast, even during bull runs, though exact wait times vary.
The platform’s in-house engine is said to process over 100,000 orders per second, contributing to fast order execution; while it appears reliable during normal activity, details on handling volatility spikes or KYC backlog during bull markets aren’t widely discussed.

Education

BitMEX doesn’t offer a built-in academy or demo mode, and provides limited educational material in Spanish—but its blog, support center, and integration with tools like TradingView help bridge the learning gap for proactive traders.
Users benefit from online learning through webinars and real-time crypto news; however, there’s no dedicated academy, demo account, simulator, or Spanish-language resources currently available.

Community

BitMEX supports community engagement through official Discord, Telegram, and referral programs, though it lacks a native forum; most user discussions and shared knowledge happen across these social channels.
BuyUcoin fosters engagement via its referral program offering lifetime trading-fee commissions, and users can connect through its social media channels and forums, though there’s no official Discord or Telegram mentioned.

Integrations

BitMEX integrates directly with TradingView for native charting and execution; it supports external bot automation via webhooks and APIs, but offers no built-in tax reporting or accounting tools out of the box.
The exchange supports smart trading strategies and copy trading options, but lacks native TradingView integration or tax accounting tools; however, third-party bot platforms can nonetheless connect to BuyUcoin.

Who Each One Is Best For

BitMEX excels for advanced traders who value blazing-fast execution, deep liquidity, and a pro-grade ecosystem—but it’s less suitable for beginners or those seeking structured learning, passive investing tools, or easy-to-navigate platforms.
BuyUcoin is ideal for Indian newcomers seeking a rewards-focused mobile experience with easy KYC and referral income; advanced traders seeking multi-asset tools or deep customization may find it less fitting.
Best platforms to invest in cryptocurrencies

📈 Millions already choose eToro for crypto investing online

Buy and sell top coins in minutes — recurring buys, price alerts, advanced charts

See why it ranks #1 in our head-to-head comparisons

Cryptoassets are highly volatile and unregulated in some regions. No consumer protection. Tax may apply. Don’t invest unless you’re prepared to lose all the money you invest.