A vast majority of users across the world have started to get into Crypto trading, as Bitcoin has been more popular than ever before. Bitcoin exchanges has also started to grow. But the question still may arise which is the best crypto exchange for the long run.
BitMart exchange came into existence in 2017. It is one of the top 20 cryptocurrency exchanges by volume.
What is BitMart Exchange Platform?
BitMart is a crypto trading platform created by cryptocurrency web developers. 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
Bitmart has its platform for Android, ISO, and Mac OS users as well.
Features
- 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.
- 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
- 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.
- 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.
- 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.
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.
How to register on BitMart?
Step 1: Navigate to the Official Website. Click on the tab “Sign up” Option.
Step 2: Indicate email address or phone number. Now set a password for the account.
Step 3: Then read and agree to the rules of the platform.
Step 4: Click on the Registration button.
Step 5: Next, you should wait for the confirmation code, enter the data in a special field, thereby activating the account.
Step 6: Once the verification is complete, the user can start with trading
How to buy cryptocurrencies on BitMart?
Step 1: Go to BitMart homepage. Click “Buy Coins” to enter the interface.
Step 2: Choose the coin you would like to buy. Click “NEXT”.
Step 3: Enter the amount you would like to buy. Click “Buy Now”.
Step 4: Enter your email address. Then click “Continue”.
Step 5: Confirm your purchase. Then click “Buy Now”.
Step 6: You can check the order status by clicking “Track My Transaction” Option
Conclusion
BitMart is a governed crypto exchange that also accepts fiat currencies and has a reasonable fee schedule for its trading services.
The platform of the Bitmart exchange is intuitive to use. BitMart is a young and promising exchange that provides traders with advanced functionality for the most convenient trading.