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BitMart

From EverybodyWiki Bios & Wiki

BitMart
Private
ISIN🆔
Founded 📆2017
Founder 👔
Headquarters 🏙️New York City, United States
Area served 🗺️
Worldwide (180 countries)
Products 📟 Trading platform
ServicesDigital asset trading, peer-to-peer marketplace
Members
Number of employees
🌐 Websitebitmart.com
📇 Address
📞 telephone

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

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

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

  1. 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 español). Retrieved 2025-01-06.
  2. Singh, Manish (2021-11-09). "Crypto exchange Bitmart in talks to raise at $300 million valuation". TechCrunch. Retrieved 2025-01-06.
  3. "Award-Winning Crypto Exchange BitMart Offers Premium Trading, Earn, and NFT Experience: Review" Check |url= value (help). U.Today. 2024-07-01. Retrieved 2025-01-06.
  4. "BitMart Supported and Restricted Countries". www.datawallet.com. Retrieved 2025-01-06.
  5. 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 español). Retrieved 2025-01-06.
  6. "Meet BitMart Exchange - Global Digital Asset Trading Platform With Over 540,000 Users Worldwide". SuperbCrew. 2019-01-12. Retrieved 2025-01-06.
  7. "Credit and Debit Card Interchange Fees in Various Countries", Credit and Debit Card Interchange Fees in Various Countries, Federal Reserve Bank of Kansas City, 2018-08-01, retrieved 2025-01-06
  8. "Compare the Best Crypto Exchanges of 2025: Start Now!". Retrieved 2025-01-06.
  9. Peters, Rene (2023-01-26). "BitMart Review 2025 - WARNING! Don't Make This Mistake on BitMart". CaptainAltcoin. Retrieved 2025-01-06.
  10. Singh, Manish (2021-11-09). "Crypto exchange Bitmart in talks to raise at $300 million valuation". TechCrunch. Retrieved 2025-01-06.
  11. "Leading cryptocurrency exchange completes Series B with a $300M valuation". Cointelegraph. 2021-11-29. Retrieved 2025-01-06.
  12. "Awardlist-2022". INTLBM. Retrieved 2025-01-06.
  13. "Award-Winning Crypto Exchange BitMart Offers Premium Trading, Earn, and NFT Experience: Review" Check |url= value (help). U.Today. 2024-07-01. Retrieved 2025-01-06.
  14. "International Business Magazine - Issue 20 by International Business Magazine - Issuu". issuu.com. 2023-12-27. Retrieved 2025-01-06.
  15. Newspapers, The Pilot (2023-05-15). "User". The Pilot News. Retrieved 2025-01-06.
  16. "Award-Winning Crypto Exchange BitMart Offers Premium Trading, Earn, and NFT Experience: Review" Check |url= value (help). U.Today. 2024-07-01. Retrieved 2025-01-06.
  17. Browne, Ryan (2023-08-02). "CNBC's top 200 global fintech companies: The complete list". CNBC. Retrieved 2025-01-06.
  18. "Magazine Articles – Page 8 – WUAB". 2023-05-12. Retrieved 2025-01-06.
  19. "Best Crypto Exchanges of 2022". web.archive.org. 2022-08-01. Archived from the original on 2022-08-01. Retrieved 2025-01-06.CS1 maint: Unfit url (link)
  20. "Best Crypto Exchanges of 2023". web.archive.org. 2023-03-06. Archived from the original on 2023-03-06. Retrieved 2025-01-06.CS1 maint: Unfit url (link)
  21. "Best Crypto Exchanges and Apps for January 2025". Investopedia. Retrieved 2025-01-06.
  22. "Best Crypto Exchanges and Apps for December 2024". Investopedia. Retrieved 2024-12-27.
  23. "BitMart Rolls Out Euro on P2P Trading Marketplace". Financial and Business News | Finance Magnates. 2024-05-27. Retrieved 2025-01-06.
  24. "BitMart Review 2024". Investopedia. Retrieved 2024-12-27.
  25. Dung, Thuy (2024-11-08). "BitMart: Your Gateway to a Premier Global Digital Asset Exchange". The Cryptonomist. Retrieved 2024-12-27.
  26. "BitMart Rolls Out Euro on P2P Trading Marketplace". Financial and Business News | Finance Magnates. 2024-05-27. Retrieved 2024-12-27.
  27. "Top Crypto Exchanges Ranked by Trust Score". CoinGecko. Retrieved 2025-01-06.
  28. Nikolova, Maria (2023-12-11). "TradingView adds BitMart to its list of integrated data partners". FX News Group. Retrieved 2025-01-06.


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