BloFin Review 2025

BloFin has listed 500+ cryptocurrencies for Spot and Futures trading with leverage options of up to 1:150.

The exchange has partnered with Fireblocks and Chainalysis for 3^rd party monitoring. It offers a mystery box containing a gift of up to $30 for the first Futures account deposit above 200 USDT.

BloFin; Exchange's Information and Background

BloFin was founded in September2019 by CEO Matt Hu, co-founder of TokenInsight. The company is registered in Marshall Islands.

The platform provides various services, from spot and futures trading to earn accounts with annual interest rates. Key features of BloFin:

• Fiat payments
• Affiliate program
• Reward hub with prizes up to $5,000

BloFin Key Specifications

The crypto exchange offers referralcommission of up to 50%, demo accounts, and trading competitions. Let’s take a quick look at BloFin’s key offerings:

BloFin Exchange Pros & Cons

Leverage options of up to 1:150 and volume-based fee reductions are among the advantages in this BloFin review.

However, to have a balanced view, we must also discuss the platform’s drawbacks.

BloFin User Levels

The exchange has employed a tiered fee structure consisting of 5 user levels with different requirements in spot and futures markets.

Note that to be eligible for VIP tiers, you only need to meet one of the required criteria:

• 30-Day Futures Trading Volume (USDT)
• 30-Day Spot Trading Volume (USDT)
• Assets (USDT)

BloFin Fee Structure

Default maker/taker fees for spot and futures markets are 0.1%/0.1% and 0.02%/0.06%, respectively. However, the platform offers fee reductions to its VIP clients as follows:

Available Cryptocurrencies

BloFin provides access to 500+crypto assets and 500+ spot trading pairs in the USDT market. Some of the popular digital assets:

• Bitcoin (BTC)
• Ethereum (ETH)
• Binance Coin (BNB)
• Cardano (ADA)
• Solana (SOL)
• Polkadot (DOT)
• Xrp (XRP)
• Dogecoin (DOGE)
• Avalanche (AVAX)
• Chainlink (LINK)

BloFin Futures Market

The ecosystem prides itself on providing a comprehensive Futures market with 460+ Crypto/USDT Perp trading pairs. BloFin offers 1:150 leverage on its most liquid markets, specifically for BTC/USDT and ETH/USDT pairs.

The leverage is usually lower for Altcoin perpetual contracts, ranging from 1:25 to 1:75. The exchange also allows cross-trading with leverage options of up to 1:10. Popular cryptocurrencies on the BloFin Futures market:

• BTC
• ETH
• AIOT
• XAUT
• LTC
• UNI
• CATI
• BCH
• SUI

BloFin Exchange Registration and Verification

To open a BloFin account, you must be above 18, not reside in restricted regions, and complete the KYC procedure.

1. Visit the exchange’s official website at “blofin.com”;
2. Click “Sign up”;
3. Provide an email address and set a strong password;
4. Enter the verification code sent to your email;
5. Navigate to the “Identification” menu from the account settings;
6. Select your ID document type and the issuing country;
7. Upload the front image of your ID card and complete the liveness check (daily withdrawal limit: 1M USDT);
8. Provide proof of address, such as a utility bill or bank statement (daily withdrawal limit: 2M USDT).

BloFin App and Trading Platform

The ecosystem has developed a comprehensive web-based platform and mobile applications with TradingView integration for charts and tools.

• BloFin Android
• BloFin iOS

The trading platform supports various order types, including Limit, Market, and Trigger.

TradingFinder has developed a wide range of TradingView indicators that you can use for free.

Is BloFin Safe?

The exchange has implemented an official verification channel that you can use to verify the messages claiming to be from the official team.

BloFin also has some other security measures in place, including:

• 1:1 Proof of Reserve
• Fireblocks Insurance
• Merkle Tree Encryption
• Multi-Signature Cold Wallets
• Two-Factor Authentication (2FA)

BloFin Exchange Deposit and Withdrawal

The platform supports fiat and crypto payments. BloFin has utilized Simplex and Alchemy solutions to offer different payment options, including:

• VISA
• MasterCard
• Apple Pay
• Google Pay
• SEPA Bank Transfer

BloFin on Review Websites

While the experts have rated the platform as a good exchange, users disagree. There are 68 BloFin reviews on Trustpilot, most of which are negative, complaining about poor support, account closures, and market manipulation.

While 77% of user comments on the BloFin Trustpilot profile are negative (1-star and 2-star), only 19% are positive (5-star).

BloFin Customer Support

The lack of a dedicated call center is one of the letdowns in this BloFin review. The exchange provides support only through email, chat bot, live chat, and ticket system.

• Email: support@blofin.com
• Ticket: Through the “Help Center”
• Chat Bot: Available on the official website
• Live Chat: Ask the chat bot to connect you to an agent

BloFin Exchange Investment and Growth Plans

The platform features a dedicated crypto copy trading software in addition to other growth plans, including:

• Earn Program: Interest rates on USDT (up to 2.56% APR), ETH (1.32% APR), and BTC (0.02% APR) deposits
• Copy Trading: A wide range of money managers to choose from and follow their trades
• Trading Bots: Various bots and grids, such as Signal bot with TradingView signals, Futures Grid for cyclic arbitrage and leveraged trading, and TWAP to split large trades and place orders at a scheduled time

The exchange offers its strategy providers an interesting profit share of up to 20% and up to 50% for their invitees.

BloFin Prohibited Countries

While the exchange strives to operate globally, due to regulatory requirements, BloFin can’t offer services to individuals residing in restricted locations, including:

• Marshall Islands
• Afghanistan
• Angola
• Bangladesh
• Belarus
• Burundi
• Cameroon
• Central African Republic
• People's Republic of China
• Crimea
• Cuba
• Côte d'Ivoire
• Democratic People's Republic of Korea
• Democratic Republic of the Congo
• Donetsk
• Eritrea
• Ethiopia
• Guinea-Bissau
• Guinea
• Haiti
• Iran
• Iraq
• India
• Lebanon
• Liberia
• Libya
• Luhansk
• Mali
• Nicaragua
• Myanmar
• Canada
• Russia
• Rwanda
• Sevastopol
• Serbia
• Sierra Leone
• Somalia
• South Sudan
• Sudan
• Syria
• Republic of Singapore
• Trinidad and Tobago
• United States of America
• Venezuela
• Yemen
• Zimbabwe

Writer's Opinion and Conclusion

BloFin provides access to 500+ Spot and 460+ Futures trading pairs in the USDT market. Maker/Taker trading fees for Spot and Futures markets start from 0.1%/0.1% and 0.02%/0.06%, respectively.

The exchange has a poor score of 1.9 out of 5 on Trustpilot.