BitMart
An editor has nominated this article for deletion. You are welcome to participate in the deletion discussion, which will decide whether or not to retain it. |
 | |
| Company type | Private |
|---|---|
| Founded | 2017 |
| Headquarters | New York City, United States |
Area served | Worldwide (180 countries) |
| Products | Trading platform |
| Services | Digital asset trading, peer-to-peer marketplace |
| Website | bitmart.com |
BitMart is a global digital asset trading platform that focuses on cryptocurrency trading. Founded in 2017[1] (available to the public in 2018), the platform supports over 1,400 cryptocurrencies and tokens. BitMart is registered in the Republic of Seychelles and operates in 180 countries.[2][3][4]
History
[edit]BitMart was founded in 2017 and specializes in providing tools for buying, selling, and trading to individuals and institutions.[5] Public operations began in 2018 when BitMart was first registered with FinCEN[6] and introduced credit/debit card deposit services through third-party partners, enabling fiat deposits.[7]
In 2020 the platform introduced BitMart lending and futures trading available in certain regions. The same year, it reached 1 million registered users with a daily trading volume of $2 billion.[8][9]
BitMart completed a Series B fundraising round led by the New York-based private equity firm Alexander Capital Ventures in November 2021.[10][11]
By 2022 it launched Margin Trading and NFT Marketplace followed by Inscriptions Market in 2023. In 2023, BitMart was named "Best Cryptocurrency Exchange Global" by International Business Magazine[12][13][14] and "The Most Trusted Trading Platform" by Crypto 306[15][16] and was listed in CNBC’s top 200 global fintech companies.[17] It was also named "Best for Altcoins" by Investopedia in 2022,[18][19] 2023,[20] and 2024.[21]
The platform was named Best Crypto Exchange for Altcoins by Investopedia in 2024.[22] BitMart launched a peer-to-peer (P2P) marketplace.[23]
Overview
[edit]BitMart is registered in the Republic of Seychelles and operates in 180 countries.[24] It has over 1,400 trading pairs and 1,200 tokens listed with 2.5 billion daily trading volume. It provides tools for buying, selling, and storing cryptocurrency through the web-based digital asset trading and investing platform and a mobile app for Android and iOS.[25] Its services include a peer-to-peer (P2P) marketplace, which connects buyers and sellers with varying exchange rates and payment options.[26] It is ranked among the top crypto exchanges on CoinGecko.[27]
BitMart provides cryptocurrency services, including spot and margin trading, which allow users to trade a variety of cryptocurrencies and trading pairs.
BitMart uses a hybrid hot and cold wallet system and multi-signature technologies as part of its security framework.[28]
References
[edit]- ^ Antiporovich, Nicolás (2022-10-13). "Conoce BitMart, un exchange para hacer trading con bitcoin y más de 1.000 criptomonedas". CriptoNoticias - Noticias de Bitcoin, Ethereum y criptomonedas (in Spanish). Retrieved 2025-01-06.
- ^ Singh, Manish (2021-11-09). "Crypto exchange Bitmart in talks to raise at $300 million valuation". TechCrunch. Retrieved 2025-01-06.
- ^ "Award-Winning Crypto Exchange BitMart Offers Premium Trading, Earn, and NFT Experience: Review". U.Today. 2024-07-01. Retrieved 2025-01-06.
- ^ "BitMart Supported and Restricted Countries". www.datawallet.com. Retrieved 2025-01-06.
- ^ Antiporovich, Nicolás (2022-10-13). "Conoce BitMart, un exchange para hacer trading con bitcoin y más de 1.000 criptomonedas". CriptoNoticias - Noticias de Bitcoin, Ethereum y criptomonedas (in Spanish). Retrieved 2025-01-06.
- ^ "Meet BitMart Exchange - Global Digital Asset Trading Platform With Over 540,000 Users Worldwide". SuperbCrew. 2019-01-12. Retrieved 2025-01-06.
- ^ Credit and Debit Card Interchange Fees in Various Countries, Federal Reserve Bank of Kansas City, 2018-08-01, doi:10.18651/icf/variouscountries2018update, retrieved 2025-01-06
- ^ "Compare the Best Crypto Exchanges of 2025: Start Now!". Retrieved 2025-01-06.
- ^ Peters, Rene (2023-01-26). "BitMart Review 2025 - WARNING! Don't Make This Mistake on BitMart". CaptainAltcoin. Retrieved 2025-01-06.
- ^ Singh, Manish (2021-11-09). "Crypto exchange Bitmart in talks to raise at $300 million valuation". TechCrunch. Retrieved 2025-01-06.
- ^ "Leading cryptocurrency exchange completes Series B with a $300M valuation". Cointelegraph. 2021-11-29. Retrieved 2025-01-06.
- ^ "Awardlist-2022". INTLBM. Retrieved 2025-01-06.
- ^ "Award-Winning Crypto Exchange BitMart Offers Premium Trading, Earn, and NFT Experience: Review". U.Today. 2024-07-01. Retrieved 2025-01-06.
- ^ "International Business Magazine - Issue 20 by International Business Magazine - Issuu". issuu.com. 2023-12-27. Retrieved 2025-01-06.
- ^ Newspapers, The Pilot (2023-05-15). "User". The Pilot News. Retrieved 2025-01-06.
- ^ "Award-Winning Crypto Exchange BitMart Offers Premium Trading, Earn, and NFT Experience: Review". U.Today. 2024-07-01. Retrieved 2025-01-06.
- ^ Browne, Ryan (2023-08-02). "CNBC's top 200 global fintech companies: The complete list". CNBC. Retrieved 2025-01-06.
- ^ "Magazine Articles – Page 8 – WUAB". 2023-05-12. Retrieved 2025-01-06.
- ^ "Best Crypto Exchanges of 2022". 2022-08-01. Archived from the original on 1 August 2022. Retrieved 2025-01-06.
- ^ "Best Crypto Exchanges of 2023". 2023-03-06. Archived from the original on 6 March 2023. Retrieved 2025-01-06.
- ^ "Best Crypto Exchanges and Apps for January 2025". Investopedia. Retrieved 2025-01-06.
- ^ "Best Crypto Exchanges and Apps for December 2024". Investopedia. Retrieved 2024-12-27.
- ^ "BitMart Rolls Out Euro on P2P Trading Marketplace". Financial and Business News | Finance Magnates. 2024-05-27. Retrieved 2025-01-06.
- ^ "BitMart Review 2024". Investopedia. Retrieved 2024-12-27.
- ^ Dung, Thuy (2024-11-08). "BitMart: Your Gateway to a Premier Global Digital Asset Exchange". The Cryptonomist. Retrieved 2024-12-27.
- ^ "BitMart Rolls Out Euro on P2P Trading Marketplace". Financial and Business News | Finance Magnates. 2024-05-27. Retrieved 2024-12-27.
- ^ "Top Crypto Exchanges Ranked by Trust Score". CoinGecko. Retrieved 2025-01-06.
- ^ Nikolova, Maria (2023-12-11). "TradingView adds BitMart to its list of integrated data partners". FX News Group. Retrieved 2025-01-06.