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The Bitmart exchange is a cryptocurrency trading platform like Binance and Bybit which provides real-time crypto asset trading and investment services to over 9 million users worldwide including NFTs, derivatives, spot trading, margin and futures trading.
About Bitmart exchange
- Website: Bitmart.com
- Registration Link: Bitmart sign-up page
- Social Media Handles: X | Facebook | Telegram | WhatsApp
- Founder(s): Sheldon Xia
- Launch Date: June 2017 and become publicly available in 2018.
- Legit or a scam: Legit
- Work for Bitmart? Update Info!
Overview of Bitmart
Founded in 2017, Bitmart is one of the top crypto exchanges in the world with over 9 million users providing crypto asset trading and investment services with numerous features such as staking, lending, savings products, derivative contracts, and expanded spot trading options. For advanced crypto enthusiasts, BitMart provides futures trading and margin trading that allow them to use leverage.
Known for its commitment to security, stability, scalability, user-friendliness and its adoption of an advanced multi-layer and multi-cluster system architecture, the Bitmart exchange is a reliable platform for newbies and professionals.
Bitmart also has its investment token called, BMX, built on an ERC-20 standard.
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Founder(s) of Bitmart exchange
The founder of Bitmart Exchange is Sheldon Xia. He is also the CEO of the company.
He studied Computer Science at the Stevens Institute of Technology and specializes in the Financial Software industry. Before BitMart, he founded projects The SVIEF and Women4Blockchain.
BitMart restricted countries
Unlike other platforms, the amazing thing about the Bitmart platform is that it provides real-time trading services in over 180 countries without paying attention to KYC. It is partially operating in the USA. By implication, it doesn’t operate in states like Connecticut, Georgia, Hawaii, New Mexico, New York and Washington.
Afghanistan, China, Congo, the Democratic People’s Republic of Korea (DPRK), Eritrea, Iran, Iraq, Ivory Coast, Japan, Kyrgyzstan, Lebanon, Libya, Sudan and South Sudan are countries banned on Bitmart.
Bitmart account registration requirements
Though you can trade on Bitmart exchange without KYC, you need the items below to register successfully
- Valid email address
- Phone number
- Valid means of identification (International passport, Government-issued ID popularly called NIN in Nigeria or social security number in the US, Driver’s license or Voter’s ID)
How to register on Bitmart exchange
Creating an account on Bitmart is not something too hard but when not done correctly, a user can lose money or won’t be able to trade. Interestingly, you can create an account on Bitmart mobile apps or website. This article teaches how to create an account on the Bitmart website. The procedure is the same on the mobile app except that you have to download the Bitmart exchange app on your mobile device first.
- Visit the BitMart exchange website
- Navigate to “Get Started” and click the button
- On the registration page, add your email address or phone number and password
- Check the age button to confirm that you are at least 18 years old.
- Check the agreement button to agree to the Terms of Service and Privacy Policy
- Click the “Sign Up” button.
- A 6-digit confirmation code will be sent to the provided email address
- Copy and enter in the confirmation page
- Click the “Submit” button
If everything is done correctly, congratulations! You have successfully registered on the BitMart exchange!
Bitmart exchange verification process
You need to be verified before you can withdraw cryptocurrency from your BitMart account. Therefore, this section teaches the Bitmart exchange verification process.
- On your Bitmart mobile app, hover over your profile picture and click “Verify Now” to complete the phase-1 verification process
- In the pop-up window, fill in the fields with accurate information like your real names
- Upload a verifiable document
- Take a selfie in a well-lit environment
- Cross-check the information and click the “Confirm” button
Congratulations! You can now trade and withdraw from Bitmart exchange.
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