Compare BitMart vs Liquid Exchange

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On this page, you can compare BitMart with Liquid. 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. BitMart was founded in 2018 in Cayman Islands. Liquid was founded in 2018 in Singapore.

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.

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.

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

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

BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.

Company
User rating User rating 2.3 / 5 14 user reviews User rating 2.5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.55 / 5 Trust Score 3.82 / 5

User rating

2.3 / 5 14 user reviews 2.5 / 5 2 user reviews

Cryptogeek rating

3.4 / 5 4 / 5

Trust Score

How it works
3.55 / 5 3.82 / 5

About

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.
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.

Founding Date

2018 2018

Country

Cayman Islands Singapore

Type

Centralized Centralized

Languages

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

Mobile app

iOS, Android iOS, Android

Full address

Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) 2-2-1 Kyobashi Chuou-ku Tokyo Japan

Fees

Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en
Trading fees:
Crypto/Fiat- 0% (free)
Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker

(If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.)

Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%.

Crypto deposit fee: 0% (free)
Fiat deposit fee:
-SBI Japan (JPY): local transaction fee;
-Swapforex (USD, AUD, SGD, EUR): zero fees;
-UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged.

Crypto withdrawals fee: 0% (Free)
Fiat withdrawals fee:
-USD: 5 USD;
-SGD: 5 SGD;
-EUR: 5 EUR;
-AUD: 5 AUD;
-JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local).

Payment processor charges:
-Swapforex: 35.25 USD equivalent per transaction;
-UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango.

Lending fee:
-"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited.
About
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.
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.
Founding Date Founding Date 2018 Founding Date 2018
Country Country Cayman Islands Country Singapore
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish Languages Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) Full address 2-2-1 Kyobashi Chuou-ku Tokyo Japan
Fees Fees Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en
Fees Trading fees:
Crypto/Fiat- 0% (free)
Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker

(If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.)

Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%.

Crypto deposit fee: 0% (free)
Fiat deposit fee:
-SBI Japan (JPY): local transaction fee;
-Swapforex (USD, AUD, SGD, EUR): zero fees;
-UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged.

Crypto withdrawals fee: 0% (Free)
Fiat withdrawals fee:
-USD: 5 USD;
-SGD: 5 SGD;
-EUR: 5 EUR;
-AUD: 5 AUD;
-JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local).

Payment processor charges:
-Swapforex: 35.25 USD equivalent per transaction;
-UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango.

Lending fee:
-"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited.

Trading

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.

Liquid trading volume is 11,927,756.0. The exchange has 286 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not 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

424500917 11927756

Pairs

183 286

Coins

99 96

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

-
Volume Volume 424500917 Volume 11927756
Pairs Pairs 183 Pairs 286
Coins Coins 99 Coins 96
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

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

Social

Website

www.bitmart.com www.liquid.com

Twitter

@BitMartExchange @Liquid_Global

Number of followers

34247 194
Website Website www.bitmart.com Website www.liquid.com
Twitter Twitter @BitMartExchange Twitter @Liquid_Global
Number of followers Number of followers 34247 Number of followers 194

Rating

User rating User rating 2.3 / 5 14 user reviews User rating 2.5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

BitMart user rating is 2.3, based on 14 user reviews. Liquid user rating is 2.5, based on 2 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?
Trust Score: 3.55 / 5
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Trust Score: 3.82 / 5
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On this page, you can compare BitMart with Liquid. 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. BitMart was founded in 2018 in Cayman Islands. Liquid was founded in 2018 in Singapore.

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.

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.

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

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

BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.