Cryptocurrency has gained increasing popularity over the past years in the world, reflecting huge demand for cryptocurrency among investors, thus leading to a proliferation of crypto trading platforms in the world. If you are interested in aidital assets and want to trade crypto, the first thing you find overwhelming is selecting a suitable exchange for your demand.
Next, we are going to compare BTCC and BitMart, two leading exchanges in the world, based factors like supported cryptocurrencies, with proper safety fees along with user friendliness and service scope, customer service, advanced features, etc., thus helping you choose the better one for you.
Crypto Exchange Overview
About BTCC
Launched in 2011, BTCC enjoys a good reputation as one of the longest-running exchanges in the crypto market. Due to its unwavering commitment to security and innovation, BTCC has seen rapid development and emerged as a top choice among competitive crypto exchanges.
With a mission of through providing a simple fair trading platform which is reliable in every sense, BTCC is dedicated to reliability, efficiency, security, diverse altcoin offerings, and unique features like NFT minting. Whether you are a novice trader or a seasoned one, BTCC can always caters to your demand with its unique solutions.
About BitMart
Since its inception in 2017, BitMart has emerged as a leading exchange globally with a wide assortment of different features and benefits for users. With a mission of providing simple and secure crypto products and services, BitMart is dedicated to bringing cryptocurrency available to everyone everywhere.
With large selection of cryptocurrencies available on the platform, BitMart offering buy and sell like crypto feature for every start ups and a wide ranges of crypto-earning opportunities in addition with the advanced cryptocurrency spot along with futures trading dashboards.
BTCC vs. BitMart: Overview
| BTCC vs. BitMart | ||
| BTCC | BitMart | |
| Supported Cryptocurrencies | 300+ | 1500+ |
| Safety | Take robust security measures in place, with no reported hacks or security breaches to date | BitMart’s security measres are insufficient; in 2021, it was subject to a large-scale hack, the attackers stole nearly 200 million USD worth of crypto assets |
| Fees | Fees charged by BTCC is reasonable and relative low, such as only charging 0.06% for both takers and makers, way below the industry average | BitMart has a tiered fee structure based on trading volume, all users are required to paying an initial interest rate which is calculated as hourly for margin trading, while futures trades cost charges makers 0.0200% and price takers 0.0600%; BitMart doesn’t charges for deposit fees, hence withdrawal fees can vary from asset to asset; in short, fees are higher compared to several of the largest trading platforms |
| User Friendliness | Thanks to its sleek and user-friendly interface, BTCC gives a seamless and enjoyable experience to both newcomers and experienced traders | Offer a feature-rich interface; it is notable that BitMart beginners can take advantage of the site’s online handbook, which provides a step-by-step process for using the site to buy, sell, and trade cryptocurrencies |
| Service Scope | Offer service to more than 6 million registered users in more than 100 countries and regions | Offer service to over 9 million users in 180+ countries |
| Customer Service | Enjoy good reputation in offering 24/7 excellent customer service via email and live chat | Customer service still need to be improved, as it doesn’t offer phone support to its customers |
| Advanced Features | Provide a large number of service, including spot trading, futures trading, and mining pools | Advanced trading features such as spot/margin trading, futures, NFT, simple buy/sell crypto option |
Final Verdict:Which is a Better Choice for Your Demand
After comparison, it is not difficult to find that both BTCC and BitMart are global exchanges catering to demand of beginners and experienced traders. For those looking for large selection of tradable coins, BitMart may be a better choice.
However, BTCC is a better choice for those investors who:
- Wish to enjoy lower fee service
- Attach great importance on trading safety
- Concern about timely and useful customer support
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