Compare Bitfinex vs BitMart Exchange

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On this page, you can compare Bitfinex with BitMart. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Bitfinex was founded in 2012 in British Virgin Islands. BitMart was founded in 2018 in Cayman Islands.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bitfinex. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Bitfinex is Centralized and BitMart is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bitfinex has a mobile app available for iOS and Android. BitMart has a mobile app available for iOS and Android.

Bitfinex has 5 languages available, including English, Russian, Traditional Chinese, Simplified Chinese and Turkish. BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish.

Company
User rating User rating 4.2 / 5 12 user reviews User rating 2.3 / 5 14 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 3.4 / 5
Trust Score How it works Trust Score 4.26 / 5 Trust Score 3.55 / 5

User rating

4.2 / 5 12 user reviews 2.3 / 5 14 user reviews

Cryptogeek rating

4.2 / 5 3.4 / 5

Trust Score

How it works
4.26 / 5 3.55 / 5

About

Bitfinex is one of the largest exchanges in terms of daily trading volumes and overall recognition. It was founded in 2012 and it is based in Hong Kong. 72 trading pairs are currently available on the platform. The pairs are linked to the four currencies including USD, EUR, BTC and ETH.
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.

Founding Date

2012 2018

Country

British Virgin Islands Cayman Islands

Type

Centralized Centralized

Languages

English, Russian, Traditional Chinese, Simplified Chinese, Turkish English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish

Mobile app

iOS, Android iOS, Android

Full address

Taipei (HQ) Taiwan, Province of China 17F-1, No. 266, Sec. 1, Wenhua Rd., Banqiao Dist. Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office)

Fees

EXECUTED IN THE LAST 30 DAYS (USD EQUIVALENT) MAKER FEES TAKER FEES TAKER DISCOUNT LEO HOLDERS
$0.00 or more traded 0.100% 0.200% up to -(25.000% + 6bps)
$500,000.00 or more traded 0.080% 0.200% up to -(25.000% + 6bps)
$1,000,000.00 or more traded 0.060% 0.200% up to -(25.000% + 6bps)
$2,500,000.00 or more traded 0.040% 0.200% up to -(25.000% + 6bps)
$5,000,000.00 or more traded 0.020% 0.200% up to -(25.000% + 6bps)
$7,500,000.00 or more traded 0.000% 0.200% up to -(25.000% + 6bps)
$10,000,000.00 or more traded 0.000% 0.180% up to -(25.000% + 6bps)
$15,000,000.00 or more traded 0.000% 0.160% up to -(25.000% + 6bps)
$20,000,000.00 or more traded 0.000% 0.140% up to -(25.000% + 6bps)
$25,000,000.00 or more traded 0.000% 0.120% up to -(25.000% + 6bps)
$30,000,000.00 or more traded 0.000% 0.100% up to -(25.000% + 6bps)
$300,000,000.00 or more traded 0.000% 0.090% up to -(25.000% + 6bps)
$1,000,000,000.00 or more traded 0.000% 0.085% up to -(25.000% + 6bps)
$3,000,000,000.00 or more traded 0.000% 0.075% up to -(25.000% + 6bps)
$10,000,000,000.00 or more traded 0.000% 0.060% up to -(25.000% + 6bps)
$30,000,000,000.00 or more traded 0.000% 0.055% up to -(25.000% + 6bps)

Full fee schedule:
https://www.bitfinex.com/fees
Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en
About
Bitfinex is one of the largest exchanges in terms of daily trading volumes and overall recognition. It was founded in 2012 and it is based in Hong Kong. 72 trading pairs are currently available on the platform. The pairs are linked to the four currencies including USD, EUR, BTC and ETH.
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
Founding Date Founding Date 2012 Founding Date 2018
Country Country British Virgin Islands Country Cayman Islands
Type Type Centralized Type Centralized
Languages Languages English, Russian, Traditional Chinese, Simplified Chinese, Turkish Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Taipei (HQ) Taiwan, Province of China 17F-1, No. 266, Sec. 1, Wenhua Rd., Banqiao Dist. Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office)
Fees Fees EXECUTED IN THE LAST 30 DAYS (USD EQUIVALENT) MAKER FEES TAKER FEES TAKER DISCOUNT LEO HOLDERS
$0.00 or more traded 0.100% 0.200% up to -(25.000% + 6bps)
$500,000.00 or more traded 0.080% 0.200% up to -(25.000% + 6bps)
$1,000,000.00 or more traded 0.060% 0.200% up to -(25.000% + 6bps)
$2,500,000.00 or more traded 0.040% 0.200% up to -(25.000% + 6bps)
$5,000,000.00 or more traded 0.020% 0.200% up to -(25.000% + 6bps)
$7,500,000.00 or more traded 0.000% 0.200% up to -(25.000% + 6bps)
$10,000,000.00 or more traded 0.000% 0.180% up to -(25.000% + 6bps)
$15,000,000.00 or more traded 0.000% 0.160% up to -(25.000% + 6bps)
$20,000,000.00 or more traded 0.000% 0.140% up to -(25.000% + 6bps)
$25,000,000.00 or more traded 0.000% 0.120% up to -(25.000% + 6bps)
$30,000,000.00 or more traded 0.000% 0.100% up to -(25.000% + 6bps)
$300,000,000.00 or more traded 0.000% 0.090% up to -(25.000% + 6bps)
$1,000,000,000.00 or more traded 0.000% 0.085% up to -(25.000% + 6bps)
$3,000,000,000.00 or more traded 0.000% 0.075% up to -(25.000% + 6bps)
$10,000,000,000.00 or more traded 0.000% 0.060% up to -(25.000% + 6bps)
$30,000,000,000.00 or more traded 0.000% 0.055% up to -(25.000% + 6bps)

Full fee schedule:
https://www.bitfinex.com/fees
Fees Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en

Trading

Bitfinex trading volume is 97,079,338.0. The exchange has 304 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

BitMart trading volume is 424,500,917.0. The exchange has 183 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

97079338 424500917

Pairs

304 183

Coins

53 99

Fiat trading

- -

Deposit

Percentage Free

Fees

Percentage Percentage

Margin

Volume Volume 97079338 Volume 424500917
Pairs Pairs 304 Pairs 183
Coins Coins 53 Coins 99
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Percentage Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin

Safety

Two factor authentication

Verified

Verified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified Unverified

Social

Website

www.bitfinex.com www.bitmart.com

Twitter

@bitfinex @BitMartExchange

Number of followers

509062 34247
Website Website www.bitfinex.com Website www.bitmart.com
Twitter Twitter @bitfinex Twitter @BitMartExchange
Number of followers Number of followers 509062 Number of followers 34247

Rating

User rating User rating 4.2 / 5 12 user reviews User rating 2.3 / 5 14 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 3.4 / 5

Cryptogeek summary

Bitfinex user rating is 4.2, based on 12 user reviews. BitMart user rating is 2.3, based on 14 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 4.26 / 5
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Trust Score: 3.55 / 5
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On this page, you can compare Bitfinex with BitMart. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Bitfinex was founded in 2012 in British Virgin Islands. BitMart was founded in 2018 in Cayman Islands.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bitfinex. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Bitfinex is Centralized and BitMart is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bitfinex has a mobile app available for iOS and Android. BitMart has a mobile app available for iOS and Android.

Bitfinex has 5 languages available, including English, Russian, Traditional Chinese, Simplified Chinese and Turkish. BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish.