Bitmart Supported Countries | Are You Allowed To Sign Up?
Mike Harry
Feb 2024
4 min read
Fact checked
Introduction: Bitmart is a cryptocurrency exchange that provides users with a modern platform to trade various digital assets. In this article, we will be focusing on the countries that Bitmart supports and those that are prohibited from using the platform. We will also outline in which countries Bitmart is licensed and regulated in.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
The platform has been successful in attracting a large user base now boasting about 9 million users as of the last count.
With it's rapid growth the exchange now employing over 300 people and extending its services to more than 180 countries worldwide.
Some of the countries where Bitmart is supported include the United States, United Kingdom, Germany, France, Canada, Australia, Japan, South Korea, Brazil, and India.
The platform supports over 1500 cryptocurrencies available for trading and KYC is not required for signup and trading.
This popularity is also reflected in its mobile application which at the time of writing has over 1 million downloads.
Bitmart Restricted & Banned countries
While Bitmart is available in over 180 countries, the are some jurisdictions that are prohibited from using it's services.
At the time of writing, BitMart does not provide Services to residents of:
Afghanistan, Balkans, Belarys, Burma, China (Mainland), Cote D’Ivoire (Ivory Coast), Cuba, Crimea, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, Zimbabwe and the State of New York.
Is Bitmart Licensed & Regulated?
Bitmart is registered in Cayman Islands and is not licensed or regulated in any country at the time of writing.
Is Bitmart available in the US?
The availability of Bitmart in the United States is subject to certain regulations and at the time of writing, the State of New York is not supported.
While Bitmart is not licensed or regulated by FinCEN in the United States, there are no IP restrictions for Americans (Besides NY) who want to signup on the platform.
For users in the United States that would prefer to use a FinCEN regulated platform, we recommend eToro.
Can I use Bitmart in UK & Canada?
Bitmart is indeed available in both the United Kingdom and Canada.
Individuals in these countries can signup to Bitmart without KYC and begin trading over 1000s cryptocurrencies via spot or trade 100s of perps with low fees.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
