How to Use the BitMart Exchange

Navigating cryptocurrency exchanges can be overwhelming for beginners, but platforms like BitMart simplify the process with intuitive interfaces and robust features. In this comprehensive guide, we’ll walk you through how to use the BitMart exchange—from registration and identity verification to buying, trading, and withdrawing digital assets.

Whether you're interested in popular cryptocurrencies like Bitcoin and Ethereum or newer tokens such as PBX, BitMart offers a streamlined experience for both new and experienced users.

Creating Your BitMart Account

The first step to accessing BitMart is creating an account. The process is quick and user-friendly.

1. Visit the official BitMart website.
2. Click on "Get Started".
3. Enter your email address and create a strong password.
4. Complete the CAPTCHA to verify you're not a bot.
5. Check your inbox for a verification code sent by BitMart and enter it on the site.

Once verified, close the welcome pop-up, and you're logged in and ready to proceed.

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Verifying Your Identity on BitMart

To unlock full functionality—including fiat deposits and crypto purchases—you’ll need to complete identity verification.

1. In your dashboard, click your email address in the top-right corner.
2. Select "Verification".
3. Choose Level 1 verification, which is sufficient for most trading activities.
4. Select your country of residence, then enter your first name, last name, and date of birth.
5. Submit the form.

After approval, you’ll gain access to deposit options and enhanced trading limits. This step ensures compliance with global security and anti-fraud standards.

Buying Cryptocurrencies with a Card

One of the easiest ways to enter the crypto market is purchasing digital assets directly with a credit or debit card.

Step-by-Step Guide:

1. Navigate to the "Buy & Sell" section.
2. Choose your fiat currency (e.g., USD) and select the cryptocurrency you want (e.g., BTC, ETH, or PBX).
3. Enter the amount you’d like to spend.
4. Select MoonPay as your payment provider (commonly available on BitMart).
5. Agree to terms and click "Continue".

You’ll be redirected to MoonPay’s interface:

• Register using your email.
• Confirm via the code sent to your inbox.
• Enter personal details: name, birthdate, nationality.
• Provide your billing address linked to the card.
• Input card details: number, expiry date, CVV.

Security checks follow:

• Confirm awareness of fraud risks.
• Affirm you're acting independently.
• Finalize with "Confirm Order".

Your bank may require additional authentication (e.g., SMS code or security question). Once approved, funds are processed—this may take minutes to hours due to blockchain confirmation times.

Purchased assets appear under "Assets > Buy & Sell".

Transferring Funds to Your Spot Wallet

Purchases made via card are initially held in the "Buy & Sell" wallet. To trade or withdraw, transfer them to your Spot wallet:

1. Go to Assets > Buy & Sell.
2. Click "Transfer" next to the purchased cryptocurrency.
3. Set transfer direction: from "Buy & Sell" to "Spot".
4. Enter the amount and confirm.

This transfer is instant and essential for active trading or withdrawals.

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Trading Cryptocurrencies on BitMart

BitMart offers a clean trading interface accessible via "Trade Now" on the homepage.

Two Main Order Types:

Market Orders

Ideal for immediate execution at current market prices.

• Select "Market" tab.
• Enter the amount of USDT (or other base currency) you wish to spend.
• Click "Buy [Crypto]" (e.g., Buy BTC).

The system automatically fills your order using available sell orders, starting from the best price upward until your total is fulfilled.

To sell: Choose "Sell BTC", enter amount, and execute.

Check results under "Order History".

Limit Orders

Set specific price conditions for entry or exit.

• Switch to "Limit" mode.
• Enter desired price per unit (lower than market price for buys).
• Specify quantity (BTC) or total cost (USDT).
• Click "Buy BTC".

Your order waits in the order book until market conditions match your price. Monitor pending trades under "Open Orders".

For selling: Set a limit above current price; sale executes when market rises to that level.

This strategy helps maximize profits and minimize emotional trading decisions.

Withdrawing Cryptocurrency

To move funds off BitMart—such as sending PBX tokens to another wallet—follow these steps:

1. Go to Assets > Spot.
2. Click "Withdraw" next to the desired cryptocurrency.

3. Choose the correct blockchain network (e.g., BEP20 for PBX).

   ⚠️ Warning: Using the wrong network (e.g., ERC20 instead of BEP20) may result in permanent loss of funds.

4. Paste the receiving address (e.g., from Probit or Stayking).

   • Ensure it starts with 0x for BEP20 compatibility.
5. Enter withdrawal amount.
6. Confirm via email code and/or Google Authenticator.

Processing time varies but typically completes within minutes.

Frequently Asked Questions

Q: Is BitMart safe for beginners?

A: Yes, BitMart employs standard security measures like two-factor authentication (2FA), email verification, and encrypted data storage, making it suitable for new users.

Q: Can I buy PBX directly with USD?

A: Yes, through the "Buy & Sell" section using supported payment methods like MoonPay.

Q: Why do I need to transfer funds to the Spot wallet?

A: The Spot wallet enables trading, staking, and withdrawals—functions not available in the Buy & Sell wallet.

Q: What happens if I send PBX on the wrong blockchain?

A: Sending tokens via an incorrect network (e.g., ERC20 instead of BEP20) usually results in irreversible loss. Always double-check network compatibility.

Q: Are there fees for trading on BitMart?

A: Yes, BitMart charges standard maker-taker fees, typically ranging from 0.1% to 0.2%, depending on your trading volume and VIP level.

Q: How long does identity verification take?

A: Level 1 verification is usually instant or completed within 24 hours after submitting required information.

Final Thoughts

Using the BitMart exchange doesn’t require advanced technical knowledge. From signing up and verifying your identity to buying, trading, and withdrawing cryptocurrencies like PBX, each step is designed for clarity and security.

By understanding core functions—market vs limit orders, proper fund transfers, and withdrawal protocols—you can confidently navigate your crypto journey.

Whether you're expanding your portfolio or exploring new tokens, having a reliable platform makes all the difference.

👉 Start trading smarter with tools trusted by millions worldwide.