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BIT Review 2025

BIT Review 2025
Company:BIT
Headquarter:

Seychelles

Founded:2020
Coins:60
US Accepted:
Max Leverage:1:100
SpotAPICopy TradingCloud MiningOptionsFuturesRMM Strategy

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
BIT.com is a Seychelles-based crypto exchange partnered with Fireblocks, Cactus Custody, and Copper.co as 3rd party custodian solutions. The exchange offers affiliates up to 9,813 USDT per month for 180 invitees. 14 copy trading strategies, RMM automated strategy, and BTC C2C cloud mining are some of the exchange’s services.
Contact
Mahé, Beau Vallon, Seychelles
Rank and Score
RegulationsCustomer SupportSpread &CommissionsPlatformsDeposit &WithdrawalAccountTypes
2.32Rank 134
Pros and Cons
User Levels
Pros
Wide range of trading products (spot, futures, options)
Advanced API connectivity for algorithmic trading
Copy trading and cloud mining services
Fee reductions based on trading volume
Cons
Relatively new platform, still building trust
Low trust score on review websites
No fiat withdrawals
Geo-restrictions
score of blog
3 From 5.0
(2)
Rate this post
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With more than 65 Spot pairs, 110 Futures pairs, and 3 Options pairs, BIT.com has become a hub for both professional and retail traders seeking advanced trading tools.

The platform facilitates daily trading volumes exceeding $90 million in Spot markets and Futures volumes that often surpass $2.5 billion during peak periods.

Its affiliate program is highly rewarding, providing up to 80% commission, while copy trading money managers can earn as much as 15% profit share.

BIT; Introduction to the Exchange

BIT, powered by Matrixport, is a full-featured cryptocurrency exchange launched in August 2020.

BIT.com
BIT.com, a trading platform for crypto spot, perpetual, and options

The exchange reached an Options daily trading volume of over $6B in 2021 and ranked No.2 in the market. Key features of BIT:

  • USDT-margined trading pairs
  • Fiat payments
  • Third-party custodians
  • C2C cloud mining

BIT Exchange CEO

BIT Exchange is led by Zingho Chan, a figure known for steering the platform toward becoming one of the more innovative players in the digital asset space.

Under his leadership, BIT has emphasized secure trading infrastructure, institutional-grade products, and regulatory compliance while continuing to expand its global presence.

Chan’s approach focuses on combining advanced derivatives products, such as options and perpetuals, with spot trading and liquidity solutions, making BIT attractive for both retail traders and institutions.

With a vision centered on risk management, product innovation, and operational transparency, he has played a key role in shaping BIT’s reputation as a professional-grade exchange rather than just another retail-focused platform.

BIT CEO
Zingho Chan is the CEO of BIT

BIT Exchange Specific Features

BIT crypto exchange, leveraging the power of Matrixport, offers a suite of unique features that cater to both retail and institutional traders.

Exchange

BIT

Launch Date

2020

Levels

VIP 1 – VIP 9

Trading Fees

Variable based on the user level and instrument

Restricted Countries

China Mainland, North Korea, Hong Kong, Iran, Japan, Myanmar, Singapore, Syria, Uzbekistan, American Samoa, Canada, Cuba, Guam, Puerto Rico, the Northern Mariana Islands, the United States of America, Crimea, Sevastopol

Supported Coins

60+

Futures Trading

Yes

Minimum Deposit

$20

Deposit Methods

Credit / Debit Cards, Crypto

Withdrawal Methods

Crypto

Maximum Leverage

1:100

Minimum Trade Size

$10

Security Factors

3rd Party Custodians, Off-Exchange Settlements, Penetration Test, Whitelist, Cold Wallets, Multi-Signature Wallets

Services

Spot, Futures, Options, Cloud Mining, Copy Trading, RMM Strategy, API

Customer Support Ways

Live Chat, Telegram, Email

Customer Support Hours

24/7

Fiat Deposit

Yes

Affiliate Program

Yes

Orders Execution

Market

Native Token

No

Upsides and Downsides

As with any cryptocurrency exchange, BIT has its strengths and weaknesses. Let's examine some of the key upsides and downsides of using the BIT platform:

Pros

Cons

Wide range of trading products (spot, futures, options)

Relatively new platform, still building trust

Advanced API connectivity for algorithmic trading

Low trust score on review websites

Copy trading and cloud mining services

No fiat withdrawals

Fee reductions based on trading volume

Geo-restrictions

BIT User Levels

BIT implements a tiered VIP system to reward active traders with reduced fees. The VIP levels range from VIP 1 to VIP 9, with each level offering progressively better perks.

Note that the required trading volume for each level differs based on themarket.

BIT Exchange Fees Explained

As mentioned in the previous topic of this BIT review, the platform implements a tiered fee system based on user levels and trading volume.

BIT Spot Tier 1 Trading Pairs
BIT tier 1 spot pairs consist of 11 instruments, including ADAUSDT, BCHBTC, BCHUSDT, BNBUSDT, DOGEUSDT, ETHBTC, ETHUSDT, TONUSDT, and XRPUSDT

Here's a breakdown of the various fees on the BIT exchange:

BIT.com Spot VIP Levels (Tier 1 pairs)

Level

30D Trading Volume (USDT)

Maker/Taker

VIP 1

< 5,000

0.1000% / 0.1000%

VIP 2

> 5,000

0.0980% / 0.0980%

VIP 3

> 10,000

0.0960% / 0.0960%

VIP 4

> 20,000

0.0940% / 0.0940%

VIP 5

> 50,000

0.0900% / 0.0900%

VIP 6

> 150,000

0.0850% / 0.0850%

VIP 7

> 500,000

0.0750% / 0.0750%

VIP 8

> 1,000,000

0.0700% / 0.0700%

VIP 9

> 5,000,000

0.0000% / 0.0500%

BIT.com Spot VIP Levels (Tier 2 pairs)

Level

30D Trading Volume (USDT)

Maker/Taker

VIP 1

< 5,000

0.2000% / 0.2000%

VIP 2

> 5,000

0.1900% / 0.1900%

VIP 3

> 10,000

0.1800% / 0.1800%

VIP 4

> 20,000

0.1600% / 0.1600%

VIP 5

> 50,000

0.1400% / 0.1400%

VIP 6

> 150,000

0.1200% / 0.1200%

VIP 7

> 500,000

0.1000% / 0.1000%

VIP 8

> 1,000,000

0.0700% / 0.0700%

VIP 9

> 5,000,000

0.0000% / 0.0500%

BIT.com Perpetual VIP Levels

Level

30D Trading Volume (USDT)

Maker/Taker

VIP 1

< 200,000

0.0300% / 0.0600%

VIP 2

> 200,000

0.0300% / 0.0580%

VIP 3

> 500,000

0.0300% / 0.0550%

VIP 4

> 1,000,000

0.0200% / 0.0500%

VIP 5

> 2,000,000

0.0200% / 0.0450%

VIP 6

> 5,000,000

0.0150% / 0.0400%

VIP 7

> 10,000,000

0.0100% / 0.0350%

VIP 8

> 30,000,000

0.0000% / 0.0280%

VIP 9

> 100,000,000

-0.0050% / 0.0250%

Note: The negative maker fee is deducted from the order amount, and you’ll enjoy a discount when executing trades.

BIT.com Options VIP Levels

Level

30D Trading Volume (USDT)

Maker/Taker

VIP 1

< 1,000,000

0.0200% / 0.0500%

VIP 2

> 1,000,000

0.0180% / 0.0475%

VIP 3

> 2,000,000

0.0160% / 0.0450%

VIP 4

> 5,000,000

0.0140% / 0.0425%

VIP 5

> 10,000,000

0.0120% / 0.0400%

VIP 6

> 30,000,000

0.0100% / 0.0375%

VIP 7

> 100,000,000

0.0080% / 0.0350%

VIP 8

> 300,000,000

0.0060% / 0.0325%

VIP 9

> 500,000,000

0.0040% / 0.0300%

Listed Cryptocurrencies on BIT.com

BIT exchange supports up to 60+ cryptocurrencies for trading in Spot, Futures, and Options markets, including:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • XRP (XRP)
  • Solana (SOL)
  • Tether (USDT)
  • Dogecoin (DOGE)
  • Cardano (ADA)
  • Chainlink (LINK)
  • Avalanche (AVAX)
  • Polkadot (DOT)
  • Litecoin (LTC)
  • Binance Coin (BNB)
  • Shiba Inu (SHIB)
BIT Exchange Markets
Available crypto markets on BIT.com

BIT Perpetual and Option Contracts

Supporting crypto derivative contracts is one of the advantages in this BIT review. The exchange offers USDT-based futures markets and options with specific expiry dates.

  • Leverage options of up to 1:100
  • 110 futures trading pairs
  • USDT-Margined options on BTC, ETH, and XRP
  • Expiry dates of up to 160 days
BIT Futures
BIT offers Futures Trading

BIT Exchange Sign Up and KYC

Signing up for a BIT account and completing the Know Your Customer (KYC) process is a crucial step for users looking to access the full range of trading features.

#1 Navigate to the Exchange's Official Website

Visit the exchange’s official website and click “Sign Up” to reach the application form.

#2 Provide Register Information

Enter your email address and set a strong password for your account.

#3 Proceed with the Verification Procedure

Navigate to the “Verification” menu through the client dashboard and follow these steps:

  1. Provide personal information;
  2. Upload government-issued ID;
  3. Complete face authentication;
  4. Provide address information for advanced verification ($12M daily withdrawal limit).

Note: You must complete the Basic verification to trade Spot and Derivatives. This level of KYC enables daily withdrawals of up to $8 million.

BIT.com Trading Guide

In order to start trading on the BIT platform, you only need to follow these instructions:

#1 Pick a Trading Pair

On the main page of BIT.com, first select “Trade” from the top menu, then hover your mouse pointer over “Spot”. Now, select one of the main trading pairs.

BIT trading pair
Select a trading pair on BIT.com

#2 Pick a Trading Order

BIT only offers limit and market orders. Select one of them from the right side menu.

BIT trading order
Select an order type for your BIT trade

#3 Enter the Amount

Now, enter the amount of cryptocurrency you are willing to buy or sell in the “Amount” field.

BIT trade amount
Enter the trading volume of your BIT trade

#4 Confirm the Trade

Now the only thing you need to do is to click on “Buy” or “Sell” to confirm your trade. Before that, make sure you have entered the correct amount for the trade.

BIT trade confirmation
Confirm your BIT trade by selecting “Buy” or “Sell”

BIT.com App and Trading Platform

The exchange offers a comprehensive trading platform accessible through web-based and mobile interfaces with access to Trading View charts and tools.

The BIT.com trading platforms are designed to provide a seamless trading experience across devices, allowing users to stay connected to the markets and manage their crypto portfolios efficiently, whether they're at home or on the move.

BIT mobile app
BIT.com offers an Android app

BIT Trading Volume

According to the BIT CoinGecko chart, over the last 3 months, the BIT exchange has maintained a relatively active trading flow, with volumes consistently moving between $40 million and $120 million per day.

The chart shows strong fluctuations, especially in late July and late August, where peaks reached close to $110M–$115M.

From early July, the daily trade volume started below $50M, but quickly climbed above $90M in mid-July. The activity then experienced several ups and downs, reflecting traders’ short-term strategies and market sentiment.

During August, volatility increased, with multiple sharp spikes above $100M the highest in this period. The second half of August showed particularly strong liquidity, with daily volumes often surpassing $80M.

Moving into September, the numbers remained more moderate, fluctuating mostly between $50M–$80M, with fewer extreme spikes compared to the previous month.

Still, the exchange maintained a solid presence, rarely dropping below $40M in daily trading activity.

BIT trading volume
BIT trading volume over the last 3 months

BIT Services

The table below is useful to check out the availability of trading services in BIT.com:

Service

Availability

TradingView Integration

No

Auto Trading (Bots)

No

API Access

Yes

P2P Trading

No

OTC Trading

No

Demo Account

No

Launchpad

No

NFT Marketplace

No

Referral Program

Yes

DEX Trading

No

Auto-Invest (Recurring Buy)

No

BIT Security Factors

BIT.com has partnered with Cactus Custody, Copper.co, Chainalysis, Fireblocks, and Jumio to maintain continuous data and fund safety.

The exchange also implements several robust security measures, including:

  • Cold and multi-signature crypto wallets
  • Advanced encryption
  • Two-factor authentication (2FA)
  • Regular security audits
  • Insurance fund
  • Address whitelisting
  • 3rd Party custodians
BIT security
BIT’s security features

BIT Security Rankings

According to the BIT CertiK Skynet rating, BIT achieved an overall score of 75.21/100 (BBB grade), reflecting strengths in areas such as cybersecurity (92.24), market stability (84.56), and listing security (83.74).

However, weaker metrics were noted in fundamentals (53.36) and community trust (68.20).

BIT CertiK Skynet review
CertiK Skynet rates BIT with a 75.21/100 score

On the other hand, the BIT CER.live results are less favorable, giving BIT an overall security score of just 24% (D grade).

While the platform scored 100/100 in server security and 85/100 in user protection, it showed critical gaps in key areas: no penetration testing (0/100), no bug bounty program, and a lack of recognized certifications such as ISO 27001 and CCSS.

BIT CER.live review
CER.live rates BIT with a 24% score

Additionally, the exchange does not provide funds insurance, which is a significant drawback for user protection.

Category

Metric

Value

CertiK Skynet Score

Overall Score

75.21 / 100 (BBB)

Fundamental

53.36

Operational

72.38

Listing Security

83.74

Market

84.56

Community

68.20

Cybersecurity

92.24

CER.live Score

Overall Score

24% (D)

Server Security

100/100

User Security

85/100

Penetration Tests

0/100

Bug Bounty

0/100

ISO 27001

No

CCSS

No

Funds Insurance

No

BIT.com Payment Options

BIT exchange accepts fiat and crypto payments. It processes Credit/Debit Card transactions via Banxa and Circle. Here’s a list of available funding & withdrawal methods on the exchange:

  • Cryptocurrencies
  • Banxa Fiat Gateway
  • Circle

Note that fiat withdrawals are not available on BIT.com.

BIT Exchange Trust Scores

There are 27 BIT reviews on Trustpilot, resulting in an average score. However, CoinGecko experts have rated the platform as a poor exchange.

BIT.com Trustpilot

3.3 out of 5

CoinGecko

3 out of 10

While 81% of comments on the exchange’s TP profile are positive (5-star), 15% are negative (1-star).

BIT.com Trustpilot
Bit.com hasn’t replied to any of the negative reviews on its Trustpilot profile

The ScamAdviser website has rated BIT.com a slightly low trust score of 46 out of 100. The low score is primarily due to the crypto services, which can be high-risk. Here are its positive highlights:

  • High traffic
  • SSL certificate
  • Classified as safe by Maltiverse

BIT.com Features

Let's check if BIT.com offers special services, such as copy trading:

Staking

No

Yield Farming

No

Social Trading

Yes

Liquidity Pool

No

Crypto Cards

No

BIT Exchange Bonus

BIT.com offers two main bonus programs that provide traders with guaranteed rewards and daily engagement incentives:

Promotion

Reward

BIT’s Insane Mystery Box

Prize BTC, Prize ETH, Prize SOL – 100% guaranteed

Daily Check-In Rewards

Day 1–4: 0.01 USDT Day 5–6: 0.02 USDT Day 7: Bonus USDT

BIT’s Insane Mystery Box

This promotion delivers 100% guaranteed rewards to participants. Traders have the chance to win top crypto prizes, including:

  • Prize BTC
  • Prize ETH
  • Prize SOL

The mystery box system ensures that every participant receives a reward, making it an attractive incentive for both new and existing users.

BIT mystery box
BIT provides a mystery box as a reward to its users

Daily Check-In Rewards

BIT.com also runs a daily check-in bonus program tied to trading activity. Users can claim free inscriptions and token airdrops simply by logging in and trading each day. The structure is as follows:

  • Day 1: 0.01 USDT
  • Day 2: 0.01 USDT
  • Day 3: 0.01 USDT
  • Day 4: 0.01 USDT
  • Day 5: 0.02 USDT
  • Day 6: 0.02 USDT
  • Day 7: Bonus USDT
BIT daily rewards
BIT offers daily rewards to its users

BIT Customer Support

The exchange provides support through various channels, including email and a live chat feature. The limited contact channels are among the biggest letdowns in this BIT review.

BIT help center
BIT.com also offers a help center full of guides

Investment and Growth Plans

The exchange provides various services for investment and growth, including Copy Trading, Cloud Mining, and RMM strategy.

  • Copy Trading: 14 strategy providers to copy from (up to 15% profit share for money managers)
  • Cloud Mining: C2C cloud mining for passive BTC profit
  • Rebalancing Market Making Strategy: Automatic trading based on the balance ratio of two crypto assets in the portfolio with APYs up to 300% (Buy Low, Sell High)
BIT copy trading
Copy trading is available at BIT.com

BIT.com Red Flag Countries

The exchange doesn’t provide services to individuals or corporations located, incorporated, established in, or citizens or residents of any of the following countries:

  • China Mainland
  • North Korea
  • Hong Kong
  • Iran
  • Japan
  • Myanmar
  • Singapore
  • Syria
  • Uzbekistan
  • American Samoa
  • Canada
  • Cuba
  • Guam
  • Puerto Rico
  • the Northern Mariana Islands
  • the United States of America
  • Crimea
  • Sevastopol
BIT.com Restricted Countries
A list of prohibited jurisdictions on the BIT exchange

BIT.com vs Other Exchanges

The table below compares BIT.com features and services with other exchanges in the market.

Features

BIT.com Exchange

OKX ExchangeHTX ExchangeLBank Exchange

Number of Assets

60+7800+700+700+

Maximum Leverage

1:1001:121:2001:125

Minimum Deposit

$20N/A$1Varies by Cryptocurrency

Spot Maker Fee

0.0% - 0.2%

-0.01% - 0.14%From 0.02%0.02%

Spot Taker Fee

0.05% - 0.2%0.03% - 0.23%From 0.02%0.02%

Mandatory KYC

YesYesYesNo

Futures Trading

YesYesYesYes

Mobile Application

YesYesYesYes

Fiat Payment

YesYesNoYes

Staking

NoYesYesYes

Copy Trading

YesYesYesYes

Writer’s Opinion and Conclusion

The exchange processes daily transactions that can surpass $95 million in Spot markets and $3 billion in Futures markets, demonstrating a solid trading ecosystem.

Security remains a top priority with partnerships involving 5 major custodians, advanced encryption protocols, and multi-layer verification processes.

With Trustpilot ratings averaging 3.3/5, a CertiK Skynet score of 75.21/100, and a CER.live rating highlighting areas for improvement, BIT.com provides a mix of professional trading tools, institutional features, and retail-friendly services, making it a notable player in the competitive crypto exchange market.

FAQs

Is BIT.com safe?

BIT is registered. The exchange has partnered with various companies, such as Cactus Custody, Copper.co, Chainalysis, Fireblocks, and Jumio, for advanced security. However, it has a short track record and low trust scores.

What are trading fees?

Fees vary by VIP level and product. For Tier 1 spot pairs, fees start at 0.1% (maker/taker) for VIP 1 and drop to 0% (maker) / 0.05% (taker) for VIP 9. Perpetual futures fees go as low as -0.005% (maker rebate) for high-volume traders.

Does BIT exchange accept US clients?

No, the exchange doesn’t provide services to users from the United States.

What cryptocurrencies can I trade?

BIT.com supports 60+ cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and stablecoins like USDT. The exchange also offers 110 futures pairs and 3 options contracts (BTC, ETH, XRP).

Does BIT.com offer futures and options trading?

Yes, BIT.com provides USDT-margined futures (up to 1:100 leverage) and options trading with expiries up to 160 days. Futures fees range from -0.005% (maker rebate) to 0.06% (taker), while options fees start at 0.02% (maker) and 0.05% (taker).

How does the VIP program work?

BIT.com has 9 VIP tiers, with fee discounts based on 30-day trading volume. For example, VIP 1 requires <5,000 USDT volume (0.1% spot fees), while VIP 9 needs >5M USDT (0% maker fees). Higher tiers also offer better futures/options rates.

What deposit methods are supported?

BIT.com accepts crypto deposits and fiat via credit/debit cards (processed by Banxa/Circle). Minimum deposit: $20. Note: No fiat withdrawals are supported.

Does BIT.com have copy trading?

Yes. BIT.com’s copy trading platform allows users to replicate strategies from 14 providers, with money managers earning up to 15% profit share.

What is the maximum leverage?

BIT.com offers up to 1:100 leverage for perpetual futures. Options trading has no leverage but allows hedging strategies.

What is cloud mining feature?

BIT.com offers C2C cloud mining, letting users earn passive Bitcoin rewards without hardware. APYs vary based on market conditions.

Is KYC mandatory?

Yes. Basic KYC (ID + face verification) is mandatory for trading. Advanced KYC unlocks higher withdrawal limits ($12M daily vs. $8M for basic).

What are withdrawal limits?

Basic KYC users can withdraw up to $8M daily; advanced verification increases this to $12M. Only crypto withdrawals are supported.

What is BIT.com’s RMM strategy?

The Rebalancing Market Making (RMM) strategy automates "buy low, sell high" trades between two assets, with historical APYs up to 300%.

Does BIT.com have a mobile app?

Yes, BIT.com offers iOS and Android apps with full trading functionality, including TradingView charts and copy trading.

What are customer support options?

Support is available via 24/7 live chat, email (support@bit.com), and Telegram. Response times vary.

Does BIT.com offer staking?

No, unlike competitors like OKX, BIT.com does not support staking or yield farming.

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