Bit.com is a safe and easy-to-use platform that lets you purchase, sell and trade digital currencies and cryptocurrency derivatives.
Bit.com was founded in the year 2020, making Bit.com one of the newest exchanges in the market.
Don’t allow its youthful age to deceive you, as it has lots to provide.
A full-suite cryptocurrency exchange, it provides permanent swaps, spot as well as futures and options trading that include BTC, ETH, and BCH as well as a special feature being that it was the first to offer BCH options.
In reality, in terms of trading volume, Bit.com is now the second-largest crypto trading platform for options.
Bit.com is a fast-paced crypto exchange with high-security security designed for institutions to meet the needs of the needs of both experienced and novice cryptocurrency traders.
The article below will be able to answer your most important question, and all you need to be aware of about Bit.com.
What is Bit.com?
Bit.com is among the most rapidly growing crypto trading platforms, offering an easy-to-use platform to let users trade in cryptocurrency with ease while benefiting from vital liquidity.
Bit.com was founded in Singapore by the company Matrixport in August 2020. It was licensed in Seychelles.
In addition to buying more than 200 top crypto currencies You are also able to trade cryptocurrency derivatives such as options and futures perpetual.
ALSO READ
Recabty com legit? Recabty Review 2025: Is it Legit or scam?
Zijtest.com scammers posing as “Zara product reviewers” should be avoided
Emercad com legit? Emercad Review 2025: Is it Legit or scam?
Who will gain from Bit.com?
No matter if you’re novice or familiar, you can make use of Bit.com to your advantage and come up with an effective trading strategy.
With its user-friendly and intuitive platforms, packed with helpful features, it’s ideal for:
Cryptocurrency traders, both new and experienced
Long-term owners of Bitcoin
Bit.com Promotions
Don’t pass up these chances. Bit.com runs a number of promos to reward their customers:
Up up to 30% APR on savings for first-time users
Competition for Spot Trading: trade and earn USDT every day
Blink Box campaign: Up to 1ETH per month lucky draw, and guaranteed prizes!
All year round festival: iPad Pro + US$1,000 monthly prize
Reward Center: up to $245 trading coupons
How do I buy Bitcoin via Bit.com
1. Sign up for Bit.com
You can start using Bit.com in a matter of minutes.
Visit Bit.com and sign up for a no-cost account by using your email.
2. Verify your email address
Then you will get an email from Bit.com. Follow the instructions to confirm your email.
3. Verify your identity
To begin trading on Bit.com You’ll have to finish the Identity Verification by submitting personal documents such as a national ID or passport, as well as driver’s license or passport.
The requirements for verification specific to each country could differ depending on the nation.
Choose the verification method and verifying your face with the Liveness Detection to finish the verification process.
4. Make your first deposit
After your account has been accepted, you are able to deposit cryptocurrency into your account.
5. Trade in the market
That’s it. Now you are able to buy or sell items and trade them with Your Bit.com account.
Each Bit.com account has a built-in wallet that can be used to purchase and send as well as keep track of your Bitcoin. Additionally, you can earn interest on the funds you have. This is a fantastic opportunity to earn passive income, while keeping your crypto assets on your account.
In the end it’s still necessary to have an individual wallet for all of your future Bitcoin or cryptocurrency storage. It is highly advised to use private-hosted Bitcoin hardware wallet such as Ledger as well as Trezor to keep your valuable coins over the long term.
Bit.com Pros
- High security, risk-management and top security
- API connectivity
- A trusted team of developers
- Simple, intuitive platform
- A variety of features available for beginners and experienced users.
- Support is available 24/7/365
- High leverage
- Fantastic promotions to earn rewards
Bit.com Cons
- It is not readily available outside of the U.S.
- Relatively young company
Bit.com Features
In order to help you make the most of Bit.com Let’s take a look at the top frequently used features, one by one.
1. Spot Trading
In the section of spot trading, you will find USDT and USD BTC and USD BTC trade pairs.
There are more than 200 tokens that you can choose from to trade, including Bitcoin, Ethereum and Bitcoin Cash.
2. Bit.com Instant Convert
Bit.com Convert provides the most efficient method of trading. You can change one cryptocurrency for another with just one click, without having to work with a complicated chart of trading.
3. Futures Trading
For traders who are more advanced, Bit.com offers up to 50X leverage on futures.
This means that you could get 50 times what you’d like to invest in the future of a specific trade.
For instance, if you have $100 USD on Bit.com and you want to leverage that, you can utilize 50X leverage to trade like you have 5000 USD.
Be aware that greater leverage could lead to more profit, but the risk is more risky.
4. Options Trading
A key characteristic for traders with experience who wish the ability to exchange BTC, ETH and BCH options.
BTC, ETH & BCH options are a kind of cryptocurrency derivative contract. They provide you (the option holder) the option to buy or sell, but not the obligation to purchase or sell at a specified price in the near future.
With Bit.com you can enjoy up to 10x leverage on cryptocurrency options.
5. Bit.com Savings
Bit.com has just announced a brand new savings product that pays customers who store cryptocurrency via the website.
There is now a chance to earn money from popular cryptocurrency like Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Chainlink (LINK), Bitcoin Cash (BCH), USD Coin (USDC) and many more.
Profit from this competitive interest rate. Bit.com is offering 30% APY for all new customers. The funds and fees are free. secured through Cactus Custody.
6. Bit.com Mobile Wallet
Bit.com recently launched a new savings product that pays users who keep cryptocurrency via the website.
You can earn interest on popular cryptocurrency like Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Chainlink (LINK), Bitcoin Cash (BCH), USD Coin (USDC) and many more.
Get the most benefit of these competitive interest rate. Bit.com is offering a 30% APY for all new customers. The funds and fees are free. secured through Cactus Custody.
Bit.com mobile application is available for iOS as well as Android.
Through this Bitcoin wallet application you will be able to easily manage your cryptocurrency while on the move.
You can access all the functions of Bit.comsuch as buy sell trade, exchange store as well as send, receive and earn wherever you go!
7. Block Trading
Do you want to purchase or sell futures or options in huge quantities?
Block trades can help!
With Bit.com is a secure intermediary, and the block trading functions can help to conduct large-scale crypto trade with no price slippage.
Bit.com Innovative Product Features
Bit.com is continuously striving to improve its features and services. If you’re a seasoned investor or trader there are some smart tools to think about using for your cryptocurrency investment.
However this, these features aren’t appropriate for novices or people who are hesitant to take risks.
8. Rebalancing the market Maker strategy (RMM)
Utilize the Rebalancing Market Maker strategy to automatize the investment strategy you employ. RMM is a sophisticated tool that automatically puts orders on your behalf. Also, it will automatically rebalance your cryptocurrency portfolio (by buying low and selling high) in order to achieve the initial fixed ratio.
9. Bit.com Portfolio Margin
The margin on your portfolio is an outstanding feature that can boost the efficiency of your fund by reworking margin calculation that is based on open positions.
To be able to open to be eligible for a Portfolio Margin account
You’ll require Cash Balance > 5 BTC
You must demonstrate your expertise in trading options and demonstrate your knowledge about the Margin margin in portfolios.
10. Bit.com Unified Margin
Bit.com Unified Margin (UM) system is a modernized system for risk and trading system for risk management and trading. It provides a single account solution to customers by permitting them to use all assets within the account to trade all types of products.
The account’s currency will be analyzed in USDT value using haircut ratios that provide the necessary margins for each position.
Is Bit.com Regulated?
This site declares that they operate their exchanges in a controlled manner, and they hold different licenses for AML and KYC, a requirements for KYC as well as no internal market maker who can influence any trade and they provide good customer service and follow-up.
Is Bit.com Exchange Safe?
This site is considered to be one of the most secure platforms to buy and sell cryptocurrencies, as well as crypto derivatives. They offer top-quality safety, protection from risk, and insurance to ensure your money is protected.
This site offers security of the highest standard, backed with Cactus Custody (A qualified Custodian).
The exchange also uses an incremental liquidation process to offer additional protection for users in times of market volatility. This risk management system is robust and was designed by a world-class team of risk management, derivatives technical experts.
When it was launched in the beginning, it was announced that the bit.com Insurance Fund was able to hold more than 200 BTC (one of the biggest among the new exchanges) to protect against socialized losses, thereby protecting your investment.
Conclusion
This site is a dependable platform that provides a wide range of user-friendly and creative digital investment options for traders at all levels, young and old, new and experienced.
This site is the ideal cryptocurrency trading platform, offering you access to cryptocurrency and crypto derivatives on one mobile and web-based platform.
This is all for today. As Bit.com grows its capabilities and services I’ll be updating this blog often with the latest information and updates, so be sure to check back for more information.