Choosing the right cryptocurrency exchange can be challenging, especially with factors like KYC, fees, available products, and the variety of crypto assets and contracts to consider. Bitunix, a relatively new exchange, has already piqued the interest of crypto enthusiasts, but is it the right fit for you?

In this article, we’ll explore Bitunix’s features, highlighting its strengths and drawbacks, to help you determine whether this platform aligns with your trading needs.

Stats	Bitunix
🚀 Founded	2021
🌐 Headquarters	Singapore
🔎 Founder	Arron Lee
👤 Active Users	1M+
🪙 Spot Cryptos	272+
🪙 Futures Contracts	218+
🔁 Spot Fees (maker/taker)	0.08% / 0.1%
🔁 Futures Fees (maker/taker)	0.02% / 0.06%
📈 Max Leverage	125x
🕵️ KYC Verification	Not Required
📱 Mobile App	Yes
⭐ Rating	4.5/5
💰 Bonus	$5.500 (Claim Now)

 

Overview: What is Bitunix

Bitunix is a cryptocurrency exchange that has quickly established itself in the market since its launch in November 2021 by Arron Lee. Currently offering only spot and derivatives trading, Bitunix features a daily spot trading volume exceeding $1 billion and ranks among the top exchanges worldwide on CoinMarketCap.

This derivative exchange operates as a centralized crypto trading platform and became a registered U.S. Money Services Business (MSB) in late 2022. Additionally, Bitunix received an SEC compliance license in the Philippines in 2023. With 272 spot cryptos, more than 300 futures contracts, and a global reach of over 1 million users, Bitunix has built a reputation as a secure exchange.

Bitunix stands out with its well designed and user-friendly trading platform. The key products of Bitunix is the spot and futures trading platform with up to 125x leverage, deep liquidity, and low fees. New features are constantly added, including a copy trading product where you can automatically copy the trades of other experienced traders.

Keep reading our in-depth Bitunix review to get full insights into all the pros and cons Bitunix comes with. 

 

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Bitunix Pros & Cons

👍 Pros	👎 Cons
✅ User-friendly crypto exchange	❌ Limited Payment Methods
✅ High liquidity with minimal slippage	❌ $10 minimum deposit
✅ Strong security with cold wallets and reserve funds	❌ Only supports crypto withdrawals
✅ No KYC for trading 180+ cryptocurrencies

 

Bitunix Signup & KYC

Understanding how to open a verified account on Bitunix is vital if you want a great start on the exchange. Interestingly, the process is pretty straightforward, whether you are using a web browser or a mobile application.

First, you will visit their website on your device and click on the signup button. This will take you to their registration portal. Here, you can either use your email address or phone number to sign up. In addition, you will choose a strong password and select the country you reside.

Once you have completed your sign-up process, you will receive a verification code via email to confirm your Bitunix account. With this step completed, your account is now registered on Bitunix, and you can also benefit from their sign-up bonus of up to $5,500.

Bitunix does not require KYC verification, so if you start trading, the only requirement is a minimum deposit of $10. This allows you to begin trading on both the Bitunix Spot and Derivatives platforms.

However, please note that the current withdrawal limit is set at $500,000 without KYC verification. If you decide to verify your account in the future, your withdrawal limit can increase to up to $3 million.

Read our Bitunix KYC guide to learn more about the verification process.

 

Bitunix Trading

On Bitunix, you can engage in two types of trading: spot trading and derivatives trading. Let’s take a closer look at these available trading options, including fees, variety, and tools. Remember, to begin trading on Bitunix’s spot or derivatives platform, you’ll need to make a minimum deposit of $10.

 

Spot Trading on Bitunix

Spot trading, considered the least risky form of trading, is available on Bitunix with access to over 313 cryptocurrencies, including BTC, SOL, DOGE, ARB, and more. With trading fees as low as 0.08% Maker and 0.10% Taker fees, Bitunix offers a cost-effective and straightforward option for traders or long-term holders looking to enter the crypto market.

With a 24-hour trading volume approaching $1 billion, Bitunix provides deep liquidity across all trading pairs. To begin spot trading, you’ll need to deposit at least $10 in USDT into your wallet. Once funded, you can buy or sell cryptocurrencies on a well-designed platform featuring live chat and advanced indicators to support your trading activities.

Check out our Bitunix spot trading guide to learn more.

 

Futures Trading on Bitunix

Bitunix offers over 300 USDT-margined futures contracts, giving you the flexibility to trade with leverage up to 125x.

Traders can choose between one-way and hedge mode. The hedge mode is a great functionality for experienced traders, as it allows longing and shorting simultaneously.

For risk management, Bitunix provides both cross and isolated margin modes, so you can choose an approach that aligns with your risk appetite. Additionally, Bitunix’s trading interface comes with TradingView integrated, providing a wide range of indicators and strategies directly within the platform to enhance your trading experience.

Its smooth and interactive trading interface provides essential tools. These tools include limit orders, market orders, and options for take-profit and stop-loss, allowing you to manage trades with precision. Additionally, Bitunix supports trigger orders and trailing stop losses.

 

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Bitunix Fees

Bitunix offers a competitive and transparent fee structure across deposits, withdrawals, and both spot and futures trading—an important factor when choosing an exchange. Let’s take a closer look at Bitunix fees to help you make an informed decision.

Bitunix Trading Fees

Bitunix has a straightforward fee structure that adjusts with trading volume, creating an opportunity for users to optimize costs as their trading increases.

For instance, in spot trading, the higher fees you will pay are 0.08% as a maker fee and 0.10% as a taker fee. However, your fee could decrease to as low as 0.05% maker fee and 0.07% taker fee, once you achieve a trading volume of about 100 Million in 30 days.

Meanwhile, in Future trading, the highest you will pay is 0.02% as a maker fee and 0.06% as a taker fee. Overall, Bitunix has a fair and transparent fee system for new and experienced traders.

 

Bitunix Deposit Methods

Bitunix itself doesn’t charge any deposit fees since it only facilitates crypto buying and selling through third-party payment providers like Moonpay, Coinify, Alchemy Pay, and others. The fees depend on the platform you choose, and you can check their specific rates directly on their respective websites. You can easily buy Bitcoin and other digital assets on Bitunix, with the help of these Third-Party Party Payment providers.

You can deposit crypto assets from your other wallets to your Bitunix wallet. You will do this by using major blockchain networks like Tron, Omni, Ethereum, BSC, Solana, etc. Depending on the network you use, depositing on Bitunix can take up to 5 to 30 minutes. Depositing cryptos on Bitunix is free.

Furthermore, you can purchase cryptos on Bitunix with fiat currencies like USD, AUD, EUR, AED, VND, JPY, and more. With several payment methods such as credit/debit cards, Apple Pay, Bank Transfer, Coinify, and Fatpay, Bitunix supports multiple ways to finalize your crypto purchase.

Read our Bitunix deposit methods guide to learn more.

 

Bitunix Withdrawal Methods

Withdrawing your crypto assets on Bitunix is also a straightforward process. In this process, you will also need to use major blockchain networks like Tron TRC20, BEP20, SOL, etc.

However, when withdrawing cryptocurrency from Bitunix to another wallet, it’s important to note that the transfer is not entirely free. While Bitunix does not charge any fees, you will need to cover the network fees, which can vary depending on the network you choose and its congestion levels.

For example, if you select the ADA network, the network gas fee is set at 1 ADA, and the minimum withdrawal amount is 2 ADA. At current market prices, the network fees would amount to approximately 36 cents for transferring 1 ADA or 350,000 ADA tokens from Bitunix to another wallet.

One of the most popular networks for withdrawing cryptocurrencies is the TRC20 network, which Bitunix also supports. The TRC20 network comes with low costs of only 1 USDT per withdrawal.

Learn more in our Bitunix withdrawal guide.

 

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Bitunix Products & Services

As a relatively new exchange, Bitunix currently offers a select range of products and services, but it’s already making a strong impression with these offerings. Let’s take a closer look at what the No-KYC exchange, Bitunix, brings to the table.

 

Spot and Trading Products

Bitunix offers a versatile trading experience with both spot and futures markets. Users can access over 272 spot trading pairs and 218 USDT-margined futures contracts with leverage up to 125x, providing flexibility for various trading strategies.
The platform provides deep liquidity and a mid-tiered fee structure that makes trading cost-effective. Additionally, the trading interface is integrated with TradingView, offering a suite of indicators and tested strategies for a well-rounded trading experience.

 

Copy Trading

In late 2024, Bitunix introduced its latest feature, Copy trading. The copy trading feature of Bitunix allows you to mimic the trades of so-called “expert traders” or “lead traders”.  When you start copy trading a lead trader, you will automatically take the same trades. Whenever the lead trader earns a profit for his copy traders, the copy traders share 10% of the profits with the lead trader. However, if the lead trader loses money, you will also lose money!

The Bitunix copy trading page allows you to analyze the performance of lead traders. You can analyze their winrate, profit, ROI, PNL, trade history and more. We highly recommend doing proper analysis before copying lead traders.

 

Mobile App

Bitunix offers a user-friendly mobile app available on both iOS and Android. The app is intuitive and easy to navigate, making it ideal for traders of all experience levels. With all essential trading tools included, you can execute trades, monitor market trends, and track your assets from anywhere. The app’s interface is optimized for smooth navigation, allowing you to buy, sell, or check your portfolio without hassle.

 

Rewards Center

Bitunix offers a user-friendly mobile app available on both iOS and Android. The app is intuitive and easy to navigate, making it ideal for traders of all experience levels. With all essential trading tools included, you can execute trades, monitor market trends, and track your assets from anywhere. The app’s interface is optimized for smooth navigation, allowing you to buy, sell, or check your portfolio without hassle.

Bitunix Security

Security is a vital consideration to choosing an exchange. Understanding how the security architecture of an exchange works will help you know how secure funds are. Bitunix has made tangible investments in its security structure. So far, they have not experienced any hack on the exchange. Although Bitunix’s Proof of Reserves has not been seen in the public domain, the exchange claims that its reserve fund is greater than 1:1. In essence, the exchange has sufficient assets that match the customer’s funds on the platform.

Bitunix also conducts regular security audits and penetration tests in collaboration with Hackenproof. This way, they identify and mitigate against weaknesses and vulnerabilities that could be exploited by potential hackers.

Furthermore, Bitunix ensures the security of customer funds by integrating the two-factor authentication system in their exchange. They do this by providing customers with an additional layer of accessing their accounts aside from the traditional use of passwords. This way, they help prevent unauthorized access to your account.

 

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Bitunix Customer support

There is so much to get from exchanges that provide quality customer support. Bitunix makes trading easier on their platform with the various support they offer customers. They offer 24/7 multilingual customer support via live chat. That means you can easily communicate your concerns to the customer service representative in your preferred language, provided the language is available.

They also provide a Help Center on their platform. This help center gives you access to their announcement and tutorial portals, where you can find the latest Bitunix news and learn about cryptocurrency.

You can also find guides on trade spots and futures from the help center. To find out about their price structures, withdrawal, and deposit methods, you should also visit their help center. The various trading indications and charts on the Bitunix trading portal make trading more convenient. The live market price tracking is also an added advantage for customers.

 

Bottomline

Since its inception in 2021, Bitunix has significantly grown in the cryptocurrency arena. Its broad selection of over 300 cryptocurrencies, advanced security framework, and user-friendly interface offer an appealing option for both spot and derivative traders. With competitive fees and streamlined access through a mobile app, Bitunix makes entry into crypto trading straightforward, especially for traders who prioritize a no-KYC approach.

However, Bitunix currently focuses solely on trading, leaving out features such as NFT marketplaces, staking, and DeFi offerings that other exchanges provide. Despite these limitations, its dedication to smooth transactions, global reach, and a strong emphasis on security makes it a solid choice for traders seeking a reliable, straightforward trading platform.

 

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FAQs

Does Bitunix require KYC?

No, Bitunix does not require KYC. You can register, deposit, trade, and withdraw cryptocurrencies without having to do identity verification.

 

Is Bitunix a centralized or decentralized exchange?

Bitunix is a centralized crypto exchange. This means, Bitunix manages the trading process, and security of the platform, and holds customers’ funds.

 

Where is the headquarters of Bitunix located?

Bitunix’s headquarters is located in Dubai, UAE. However, they have expanded to other areas outside Asia, like Latin America, Africa, Russia, etc.

 

What is the least amount you need to start trading on Bitunix?

You need a minimum of $10 to start trading on Bitunix.

 

Is Bitunix a secured exchange?

Bitunix is a appears to be a safe exchange. Some of the measures they have put in place to ensure the safety of customer funds include, KYC, two-factor authentication, regular auditing, etc.

 

What kind of trading is available on Bitunix?

You can trade spot and USDT perpetual futures on Bitunix.