deposit:
- $1
Trading platform:
- TradingView
- Tons of cryptocurrencies and two fiat currencies, free listing, universal investment program, profitable referral program, low fees, which can be reduced even more in several ways
Summary of FatBTC Crypto Exchange
FatBTC is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.48 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FatBTC clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. FatBTC ranks 84 among 170 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
FatBTC crypto exchange offers a standard trading terminal with favorable conditions for active trading. Users are attracted by low commissions, which can be further reduced by using the site's token when redeeming them. As well as large trading volumes with high stability of the exchange. The number of available assets is constantly increasing, and the user can become a partner of the site by receiving a set of tools from FatCloud to open their exchange. Acquiring VIP status with the trading volume from ₿100 allows the advantage of a 0% fee.NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
The FatBTC cryptocurrency exchange is a multifunctional platform for exchanges, commodities, and over-the-counter cryptocurrency trading. You can trade Bitcoin (₿), Ethereum (Ξ), USDS, DOGE, dozens of other cryptocurrencies and tokens. Only the USD and EUR are presented from among the fiat currencies. The site has its proprietary FAT coin, which can be used to reduce fees by 50%. The trading fees themselves are lower than the market average of 0.2% fixed cost for most assets. In addition to the trading terminal in the browser, there is a mobile trading app. The company offers a flexible listing via its proprietary program of open partnership called the FatCloud. The referral program is standard and only one-level. Its investment direction is represented by the Piggy Bank FatBTC program.
💰 Account currency: | Cryptos, USD, and EUR |
---|---|
🚀 Minimum deposit: | No |
⚖️ Leverage: | No |
💱 Spread: | Market |
🔧 Instruments: | Cryptos, currencies |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with FatBTC:
- loads of cryptocurrencies and tokens; the site's FAT token, which can be used to reduce trading commissions;
- simplistic, intuitive trading terminal, plus an app for mobile trading;
- low fees — fixed at 0.2% for taker and maker (for some assets there are special conditions);
- the token pool is constantly updated due to free listing (you can put your coin on the platform in a few clicks);
- it is not compulsory to pass the KYC verification to trade (but there will be a limit on the withdrawal — up to 2 BTC per day);
- the high-performance engine provides stability of the platform even under peak loads; trading is 24/7;
- a profitable referral program that allows you to earn 50% of your partners' fees.
👎 Disadvantages of FatBTC:
- No demo accounts or specialized solutions for novice traders;
- No call center, you can get in touch with the technical support only through tickets, email, and the Telegram channel.
Evaluation of the most influential parameters of FatBTC
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Expert Review of FatBTC
The FatBTC cryptocurrency exchange was founded back in 2013, and is headquartered in Seychelles. The company operates under a license from an international regulator. The license number is valid, the activity of the crypto exchange is transparent, and there are no unresolved conflicts with users or evidence of defaults.
The platform offers trading through TradingView, a standard browser terminal without modifications and the possibility of synchronization with desktop terminals. There is also a mobile app for iOS and Android. Both are rated as comfortable and stable. There are all the necessary features, including charts with dozens of indicators and an order book.
The fees are below the average for the segment, for most assets they are 0.2%. Commissions are fixed, and there are no trading levels. The site does not charge a commission for depositing funds, withdrawal fees depend on the asset. The FAT token allows you to reduce trading fees by 50%, additional savings on fees are possible due to the rebates from Traders Union.
FatBTC has implemented a generic referral program, it's only one level, open-ended, and with 50% of partner's trading fees paid. The Piggy Bank FatBTC program allows you to earn unused tokens by investing in the projects of the site. The exchange's relative disadvantages are no call center and no other fiat currencies except for the USD and EUR.
Dynamics of FatBTC’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
The FatBTC crypto exchange offers only one investment solution, the Piggy Bank FatBTC program. Any registered user can participate in this program (KYC verification is not required).
Under the program, a cryptocurrency exchange client must present their cryptocurrency assets. The exchange uses the borrowed funds at its discretion (for example, to finance third-party blockchain projects or for mining). A customer just needs to choose an asset and make a deposit using the Piggy Bank service. The term of participation in the program can be from 1 to 365 days. The deposit is blocked during the time of participation, so it is temporarily impossible to use it for exchange and trading. Withdrawals are also not available during this period.
Program yield ranges from 1 to 25%. The interest rate depends on the asset, deposit period, and market conditions. The interest rates are constantly changing but are fixed for the client as soon as he joins the program by making a deposit (the limits within which the rate may vary are stipulated in the terms of the program).
There are no restrictions on participation in Piggy Bank FatBTC, but it is necessary to read the terms of the program in the section of the site with the same name beforehand.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
FatBTC’s affiliate programs:
The referral program of FatBTC crypto exchange is standard and differs from similar programs of its competitors only by higher earnings. To participate in it, you need to go to the "Partner Exchange" section of the site. This section will contain a personal referral link of a partner. This link should be used to attract new clients to the crypto exchange by place it on any platform and in any applications, including social networks and messengers. Each user who follows this link and registers on the exchange site will become an attractive referral.
For each active referral, the crypto-exchange will pay the partner a reward equal to 50% of trading commissions. Payments are made in the transaction currency. The program has no expiration date, i.e. a partner receives income from his referral for as long as the referral trades on this platform. The program has only one level, which means that a partner will not receive income from commissions of users who were invited to the site by his first-level referrals. The number of referrals (attracted clients) is unlimited, and a partner can invite any number of users to the site.
Trading Conditions for FatBTC Users
One of the advantages of the FatBTC crypto exchange is that there is no minimum deposit. Considering that KYC verification is also optional, you just need to register on the site to start trading on favorable terms. From here on, the client determines his/her own economic policy without any restrictions on deposit and trading volumes. Please note that the site does not provide any leverage, so trading at FatBTC is only available on your own funds. The company has round-the-clock technical and customer support, which can be contacted if you have any questions. For this purpose, a special service has been implemented on the website of the crypto exchange. Also, the support service is available via email, social networks, and messengers. More information about the options for contacting the support team can be found in the "Contact Us" section.
$1
Minimum
deposit
1:1
Leverage
24/7
Support
💻 Trading platform: | In the web browser — TradingView |
---|---|
📊 Accounts: | Standard |
💰 Account currency: | Cryptos, USD, and EUR |
💵 Replenishment / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
🚀 Minimum deposit: | No |
⚖️ Leverage: | No |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Spread: | Market |
🔧 Instruments: | Cryptos, currencies |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | No data |
⭐ Trading features: | Tons of cryptocurrencies and two fiat currencies, free listing, universal investment program, profitable referral program, low fees, which can be reduced even more in several ways |
🎁 Contests and bonuses: | No data, except for TU’s rebates |
Broker comparison table of trading instruments
FatBTC | Bybit | OKX | XT.com | Poloniex | LATOKEN | |
Forex | No | No | No | No | No | No |
Metalls | No | No | No | No | No | No |
Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
CFD | No | No | No | No | No | No |
Indexes | No | No | No | No | No | No |
Stock | No | No | No | No | No | No |
ETF | No | No | No | No | No | No |
Options | No | No | No | No | No | No |
FatBTC Commissions & Fees
Fees can be reduced by 50% by using a FAT token. To do so, you need to have enough pad tokens in your account to pay the fee. After activating the appropriate option, FAT will be prioritized for trading fees and their amount will be halved to 0.1%.
Account type | Spread (minimum value) | Withdrawal commission |
Standard | Up to 0.2% per order | Yes |
The platform does not charge for depositing funds, but there is a withdrawal fee. It depends on the specific asset and does not depend on the withdrawal channel or the volume of funds to be withdrawn. For example, for Bitcoin, the fee is ₿0.0007, for Ethereum it is Ξ0.01, and for Litecoin it is Ł0.001. The current conditions of fees can always be found in the "Fees" section.
Broker | Average commission | Level |
FatBTC | $0.2 | Medium |
Bybit | $20 | High |
Bitfinex | $0.1 | Low |
Contacts
Foundation date | 2014 |
Registration address | Hong Kong |
Official site | https://www.fatbtc.com/ |
Contacts |
Email:
market@fatbtc.com,
|
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FAQs
Do reviews by traders influence the FatBTC rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about FatBTC you need to go to the broker's profile.
How to leave a review about FatBTC on the Traders Union website?
To leave a review about FatBTC, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about FatBTC on a non-Traders Union client?
Anyone can leave feedback about FatBTC on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.