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453 Review
106 Karma

Review on BitMart by Syed Adnan

Revainrating 3 out of 5

It is a multi-cryptocurrency exchange.

It has the potential, but faces a strong fight against the rise of Binance, Kucoin and other exchanges, as well as more firmly against the rise of decentralized exchanges that are growing in popularity and user-base. Also, there is no mention that a decentralized exchange is planned or launched at a later date on the site.

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Pros
  • The user interface is easy to use.
  • Controlled in the United States.
  • Supports different types of coins.
  • Pays discounted fee, Competitive fee.
  • Fiat supports the purchase.
Cons
  • Fiat trades needs to complete user verification.

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