[Exchanges](https://revain.org/exchanges/) › BloFin

# BloFin: licences, security, fees and reviews

Centralized exchange

## In short

- **Legal entity**: BuildLight Future Limited (jurisdiction not stated)
- **Fees**: Futures maker: 0.02% (Regular tier)
- **Risks and caveats**: No licence or regulator is named for the operating company.
- **Checked**: 31 October 2026

## Key facts

- **Type**: Centralized exchange
- **Operator**: BuildLight Future Limited
- **Official site**: [blofin.com](https://blofin.com/)

Key facts checked on 31 October 2026 against official sources and regulator registers.

## What is BloFin

BloFin is a centralised cryptocurrency exchange focused on perpetual futures, with spot trading, copy trading, trading bots and earn products. Its services are provided by BuildLight Future Limited.

## Good to know

- The Terms of Use name BuildLight Future Limited as the provider but do not state where it is incorporated or licensed. [↗](https://web.archive.org/web/20260203031759/https://support.blofin.com/hc/en-us/articles/7296238795279-TERMS-OF-USE)
- BloFin states it is not regulated by Dubai's Virtual Assets Regulatory Authority and does not serve Dubai/UAE residents. [↗](https://web.archive.org/web/20260203031759/https://support.blofin.com/hc/en-us/articles/7296238795279-TERMS-OF-USE)
- Users in the United States, Canada, India, China, Singapore, the UAE and other restricted locations may not use the platform; the site blocks visitors from those regions. [↗](https://blofin.com/)
- Disputes are resolved by arbitration under HKIAC rules, seated in Hong Kong, with a class action waiver. [↗](https://web.archive.org/web/20260203031759/https://support.blofin.com/hc/en-us/articles/7296238795279-TERMS-OF-USE)
- Inactive accounts can be classed as dormant and closed, after a notice to close positions and withdraw assets. [↗](https://web.archive.org/web/20260203031759/https://support.blofin.com/hc/en-us/articles/7296238795279-TERMS-OF-USE)

## Services

| Parameter | Details |
|---|---|
| Derivatives | USDT-margined, USDC-margined and coin-margined perpetual futures |
| Spot trading | Yes; spot trading launched in 2024 |
| Copy trading | Yes; futures and spot copy trading |
| Staking / Earn | Simple Earn and Dual Investment |
| Card | BloFin Mastercard crypto card, launched in Q2 2025 |

## Security and audits

- Cold-wallet custody through Fireblocks, introduced in 2024.
- Chainalysis integrated for compliance screening in 2024.
- The exchange states it is ISO 27001 certified (company statement; certificate not published on the page).

## Security incidents

No security incident is recorded in the sources checked on 31 October 2026 (the company’s own channels and incident databases): [blofin.com/sitemap/main-sitemap.xml](https://blofin.com/sitemap/main-sitemap.xml), [support.blofin.com/hc/en-us](https://support.blofin.com/hc/en-us), [blofin.com/en/proof-of-reserves](https://blofin.com/en/proof-of-reserves), [hacked.slowmist.io](https://hacked.slowmist.io/), [api.llama.fi/hacks](https://api.llama.fi/hacks), [rekt.news/leaderboard](https://rekt.news/leaderboard)

## Fees

| Parameter | Details |
|---|---|
| Futures maker | 0.02% (Regular tier) |
| Futures taker | 0.06% (Regular tier) |

## Who can use it

- Verification: Opening an account requires identity verification with personal information.
- Not available to residents of the United States, Canada, India, mainland China, Singapore, the UAE, Russian-controlled regions of Ukraine, sanctioned countries and other listed locations.

## History

| Date | Event |
|---|---|
| 2019-2022 | Fund-of-funds business started; Series B round of USD 50 million co-led by SIG and Matrix Partners (company statement) |
| January 2023 | Exchange app launched on iOS and Android |
| 2024 | Spot trading launched; Fireblocks custody and Chainalysis added |
| 2025 | Unified Trading Account launched (Q1); BloFin Mastercard crypto card launched (Q2) |

## Risks and caveats

- No licence or regulator is named for the operating company.
- High-leverage positions are monitored and can be acted on by the exchange.
- Digital assets may have limited liquidity, making it hard to exit positions.
- Third-party custodians and payment providers are involved in the service.

## About the company

- **Legal entity**: BuildLight Future Limited (jurisdiction not stated)
- **Dispute venue**: HKIAC arbitration seated in Hong Kong

## Official links

- Website: [blofin.com](https://blofin.com/)
- Fees: [blofin.com/en/fees](https://blofin.com/en/fees)
- Terms of use: [support.blofin.com/hc/en-us/articles/7296238795279-TERM-OF-USE](https://support.blofin.com/hc/en-us/articles/7296238795279-TERM-OF-USE)
- Risk disclosure: [support.blofin.com/hc/en-us/articles/7298206673423-RISK-DISCLOSURE-STATEMENT](https://support.blofin.com/hc/en-us/articles/7298206673423-RISK-DISCLOSURE-STATEMENT)
- Proof of reserves: [blofin.com/en/proof-of-reserves](https://blofin.com/en/proof-of-reserves)

## Questions and answers

**Is BloFin regulated?**

BloFin's Terms name BuildLight Future Limited as the provider but list no licence; they state BloFin is not regulated by Dubai's VARA.

**Who owns BloFin?**

The services are provided by BuildLight Future Limited; the Terms do not give its country of incorporation.

**What are BloFin's fees?**

At the Regular tier, futures fees were 0.02% maker and 0.06% taker (fee page as of 1 August 2026).

**Is BloFin available in the US?**

No. The United States, Canada, India, Singapore, the UAE and other locations are restricted under BloFin's Terms of Use.

## Sources

- [BloFin - Terms of Use (archived 3 February 2026)](https://web.archive.org/web/20260203031759/https://support.blofin.com/hc/en-us/articles/7296238795279-TERMS-OF-USE)
- [BloFin - About Us (archived 1 June 2026)](https://web.archive.org/web/20260601184116/https://blofin.com/en/about-us)
- [BloFin - Risk Disclosure Statement (archived 19 May 2026)](https://web.archive.org/web/20260519135317/https://blofin.com/en/support/Terms/7298206673423-RISK-DISCLOSURE-STATEMENT)
- [BloFin - Fee Schedule (archived 1 August 2026)](https://web.archive.org/web/20260801104637/https://blofin.com/en/fees)
- [BloFin - homepage restricted-region notice](https://blofin.com/)

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Page updated: 2026-10-31

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Source: https://revain.org/exchanges/blofin/