Bitunix Review 2025

Our Verdict

Bitunix is a global crypto exchange launched in 2021 that focuses on privacy and simplicity, offering a no-KYC experience for spot and futures traders.

🔐 Follows industry-standard security practices, including bug bounty, crypto insurance, and Proof of Reserves

💰 Supports around 300 cryptocurrencies and an equal number of trading pairs

📈 Offers Copy Trading to follow strategies of top-performing traders

💳 No direct fiat deposits, but fiat-to-crypto purchases are available via MoonPay and Mercuryo

💸 Spot trading fees start at 0.08% for makers and 0.1% for takers, lower than the industry average

✅ A suitable option for active traders who value anonymity and ease of use

Bitunix Pros and Cons

Is Bitunix Right for You?

Traders have different needs: some prefer simple apps for quick trades, while others seek advanced tools like leverage or social trading. We classify traders into seven main groups and evaluate how well each exchange meets their requirements.

Our testing showed that Bitunix is not suitable for DCA, Bot, and Margin trading, as well as for Hodling, as it lacks the necessary features to support a smooth experience. However, it may still appeal to other types of traders. Here’s our verdict:

Supported Countries and Regions

Bitunix is a non-KYC platform that allows users to trade crypto without providing IDs. However, its third-party fiat gateways (e.g., MoonPay, Volet) may require their own KYC for fiat-to-crypto conversions.

The platform supports users in over 180 countries and holds licenses for the US, Canada (FinCen and FINTRAC), and the Philippines (VASP License). Since Bitunix doesn’t require fiat deposits, users can fund accounts directly with crypto, making it accessible worldwide.

Note: Payment partners like MoonPay are unavailable in certain regions, including China, Iceland, Malaysia, and Malta.

Bitunix Bonuses and Special Offers

Bitunix offers a Welcome Bonus to newcomers in the form of mystery boxes and direct rewards in USDT for performing different tasks, like completing a trade and KYC verification. There is also a limited-time bonus for depositing specific amounts of crypto. Additionally, the platform distributes coupons that active users can find in the Reward Center.

Join the exchange using the FXempire referral link.

Bitunix Background

Establishment: Bitunix was founded in 2021, with its headquarters registered in St. Vincent and the Grenadines. The platform has also expanded its presence by acquiring licenses in the US, Canada, and the Philippines.

Leadership: Bitunix was founded by serial entrepreneur Arron Lee, who has also curated a few other fintech startups, such as ChainVC and Bright Beacon Technology Co.

Security & Transparency

Verified Trusted Scores

Reviews from reputable independent security auditors like Cer.Live and CoinGecko play an important role in assessing the exchanges we feature on our website. These auditors evaluate different aspects of the platforms, such as cybersecurity, traffic, liquidity, trading volume, etc.

Bitunix’s rankings are above average but not top-tier. The main reason is the lack of external audits for its Proof of Reserves and its lenient KYC/AML policies that allow non-verified users to trade and withdraw substantial amounts.

Cyber Security Measures

Both desktop and mobile versions feature three types of 2FA: Google Authenticator, Email, and Mobile. Users can also set up an Anti-Phishing Code to be included in official Bitunix emails and monitor account activity on different devices. Additionally, the mobile app is equipped with biometric authentication.

General Reliability

Bitunix runs a bug bounty program via the service HackerProof. The rewards range between $100 and $10,000, depending on the severity of discovered vulnerabilities, which corresponds with the industry standards.

Corporate Communication Structure and Transparency

The official website does not provide information about Bitunix’s key team members. However, the platform’s founder, Aaron Lee, can be found on LinkedIn and in various business resources. The company is also active on key social platforms like Twitter (X) and LinkedIn and has an active community in its Telegram group.

Know Your Customer (KYC)

KYC is not mandatory for Bitunix users. Non-verified users can access most tools and features and withdraw up to 500,000 USDT daily. To increase this limit, users must complete KYC Level 1, which requires submitting personal information and uploading IDs.

Additionally, users who have enabled only one security measure (e.g., phone number or Google 2FA) can withdraw a maximum of 10,000 USDT daily.

Is Bitunix Safe to Trade With?

Bitunix promotes futures trading but lacks reserves to ensure profitable user transactions. Its lenient KYC policies and high withdrawal limits could potentially attract illicit activities.

However, the platform holds MSB licenses in the US and Canada, a VASP license in the Philippines, and provides insurance on crypto deposits. It also runs an active bug bounty program and maintains a clean security record.

These factors make Bitunix a viable option for users who prefer spot trading and manage their funds through self-custodial wallets.

Trading Experience

Trading Test

For our trading test, we thoroughly evaluated the Bitunix platform. Our process included signing up, completing the KYC (Know Your Customer) verification, logging in, depositing funds, and making withdrawals. We also tested the trading functionalities by exploring different trading pairs and conversions, and assessed the associated fees for transfers and withdrawals. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. Here’s our detailed analysis:

Step 1: Setting Up and Funding Your Account

On Bitunix, you can create a new account using an email address or a mobile number. The platform is also integrated with Google, Apple, Facebook, and Twitter (X), which makes the process easier. During my tests, I registered on the exchange using my Google account in just a few clicks.

After signing up, I could deposit and withdraw crypto right away. However, to buy crypto with fiat through its partners, the platform required passing KYC. I easily completed the basic verification level using my laptop camera.

Fiat deposits on Bitunix are facilitated through third-party gateways like Mercuryo and Coinify. I opted for a crypto deposit using USDT on the Polygon network from another platform.

Bitunix instantly generated a deposit address with a QR code and a copy button to minimize errors. During the process, a pop-up reminded me to verify the wallet address before pasting to avoid fund loss. After confirmation, the funds were instantly credited to my account.

Step 2: Trading

Bitunix features three different accounts for Spot, Futures, and Copy trading. I selected a Spot account.

While performing my tests, I purchased LTC for USDT at a market price. The transaction was executed instantly. The details of transactions were available in the Order history at the bottom of the page. The trading fee was displayed in LTC and was equal to 0.1% corresponding with the information displayed on the platform’s fee page.

Step 3: Withdrawal and Review

During my tests, I tried to withdraw LTC via the Litecoin network to my personal TrustWallet address. The transaction went hassle-free, but Bitunix charged me a withdrawal fee of 0.002 LTC ($0.21). This fee was twice as high as the 0.001 LTC fee charged by Bybit ($0.1) but significantly lower than the 0.008 LTC fee charged by BitMart ($0.86). The transaction went smoothly, and the funds reached my wallet in a few minutes.

Bitunix Desktop Version

In this review, I tested the desktop version of Bitunix in the Chrome browser. As a casual trader, I found it easy to use thanks to its standard layout and user-friendly interface. The number of available features is limited compared to other platforms like KuCoin or BitMart. However, expert traders may still find here some advanced trading tools like Copy trading, Futures, and different order types like Market, Limit, GTC, and Trailing Stop.

Charts: Bitunix has a built-in TradingView integration, enabling investors to perform price analyses without leaving the app.

Trade Navigation: Bitunix’s standard layout simplifies the navigation process. The trade consists of three basic steps: finding a trading pair, selecting the order type, and specifying the buy or sell price.

Withdrawal and Wallet Protection: During my tests, I was able to easily withdraw funds to my personal wallet. The platform displayed all the details of the transaction, including the deducted fee. It also prevented sending funds to a non-existent wallet address by highlighting the field and disabling the withdrawal button.

Saved addresses: The platform provides an option to save an address for future transactions in a pop-up window on the same page.

Coin Search: Bitunix offers a standard coin search functionality. The exchange also displays the last price and the 24-hour change for every trading pair.

Order Book Navigation: Bitunix Trading Platform features a standard Order Book that displays all the open buy and sell orders for a selected trading pair.

Third-Party Sign-In: Signing up on the exchange is possible via Google, Apple, Facebook, and Twitter(X) accounts, which simplifies the process.

Conditional Orders: Bitunix’s Spot Trading offers only Market and Limit orders. Futures Trading is also equipped with Trailing Stop orders. However, GTC orders are not supported.

Copy Trading: Bitunix offers a catalog of successful traders allowing other users to copy their strategies for both Spot and Futures trading with a few clicks. It is also possible to filter traders by their performance.

Futures Trading: The platform enables Futures trading with more than 250 trading pairs and up to 125x leverage. The available order types include Market, Limit, and Trailing Stop. There is also a built-in calculator that facilitates the analysis.

My Key Takeaways After Testing Bitunix

Bitunix Trading Platform offers a clean and user-friendly interface suitable for crypto trading beginners and casual traders. Its integration with third-party payment gateways like MoonPay or Mercuryo simplifies the process of buying crypto for fiat. A high liquidity score and a robust API Library also make it a good fit for algorithmic traders.

However, the number of trading tools is rather limited, and there is no P2P trading. Stop-limit, Stop-Market, and Iceberg orders are also missing, making it unsuitable for traders to rely on these order types in their strategies.

Bitunix Mobile App

The Bitunix Mobile app is available only for Android. The list of available tools and features is the same, with a few minor differences. The interface is just as light and user-friendly, making it a good solution for crypto trading novices.

During my tests, I discovered a full set of industry-standard security measures, including Email, Mobile, and Google 2FA, Login password, Anti-phishing code, and Biometric unlock. There is also a QR scanning for withdrawal addressed,s helping to avoid errors.

Key features and tools on Bitunix Mobile include:

• Coin Search: Finding required assets or trading pairs is easy thanks to a convenient search field.
• Trading features: Similar to the desktop version, the mobile app offers Market and Limit orders for Spot Trading. Futures trading is equipped with Trailing Stop and GTC orders.

• Market Discovery: The index page provides highlights such as Popular Futures, Popular Spot, and Gainers.
• Alerts: The mobile app features price alerts to facilitate the price monitoring process. You can customize the frequency of alerts, which may come in the form of push messages or in-app reminders.

• Watchlist management: Bitunix Mobile offers a standard star icon that adds or removes assets from the list of favorite coins.
• Portfolio Clarity: The Assets tab provides information on the total sum stored on the wallet in the USD equivalent. Spot, Futures, and Copy Trading subsections provide detailed information on all the available assets.

My Key Takeaways After Testing Bitunix on Bitunix Mobile

The trading tools and features available in Bitunix Mobile are mostly identical to those in the desktop version. The mobile app’s interface is just as clean and user-friendly, making it suitable for novices in crypto trading.

During my tests, the app showed excellent performance, loading all pages instantly. The robust set of security features can be particularly useful for traders who want to protect their accounts in case their devices get lost or stolen.

Fees

Spot Maker/Taker Fees

In our review of spot fees, we examine spot fees across three distinct tiers, focusing on the fees for different trading volumes. We focus on the essentials and potential savings through native tokens and various discount schemes. Our unique methodology provides a clear view of fee structures and how they benefit traders of all levels.

The first tier typically represents casual traders, as they don’t usually trade more than $10,000 per month, while the higher tiers often relate to more advanced traders. Using this method, we’re categorizing users not only by their trading style but also by the amount of money they spend on the exchange.

Additionally, we also compare these fees with industry standards to give a thorough perspective on each exchange’s affordability.

Bitunix trading fees are significantly lower than the industry average. Makers pay lower charges, which encourages them to create new orders rather than take those that are available at the moment, and thus increase liquidity.

Deposit fees

Unlike exchanges like Crypto.com or Binance, Bitunix is integrated with third-party payment gateways like MoonPay or Volet to process fiat-to-crypto transactions. The platform doesn’t charge any deposit fees, but the fees imposed by these services can be substantial, resulting in less favorable exchange rates.

Withdrawal fees

Bitunix does not support fiat withdrawals. Traders looking to secure their profits can only convert their assets into stablecoins. Alternatively, they can transfer their funds to other platforms, such as Bitfinex or Crypto.com, which support fiat transactions.

When I attempted to withdraw my crypto to an external wallet, Bitunix charged a small fee, which varied depending on the asset. For example, I was charged 0.002 LTC for withdrawing Litecoin. Additionally, there is an option to send funds to another Bitunix user free of charge.

Futures Trading Fee Rate

Bitunix relies on the same Maker-Taker fee model for futures trading, similar to Spot trading. However, the fees are significantly lower because of the high risks associated with these assets. Makers pay 0.02% per trade, while Takers pay 0.06%.

While performing my tests, I found Bitunix’s trading fees competitively priced and well-structured. Additional discounts to high-volume traders may also be particularly appealing.

Fee Discounts

Bitunix offers fee discounts to high-volume traders. To become eligible for the first-tier discount, traders have to reach the following monthly trading volume:

• Spot Trading: 100,000 USDT
• Futures Trading: 1,000,000 USDT

Are Bitunix Fees Competitive?

While trading on Bitunix, I checked that the fees shown on a special page were the same as the fees charged by the platform. This shows that Bitunix is transparent about its fees.

The trading fees at Bitunix are much lower than the average market fees, and the platform offers discounts based on trading volume, which is beneficial for active traders. However, the fees for converting fiat to crypto through its partner services are higher than those at exchanges that allow direct fiat deposits.

Please remember that fees can change, and the most recent information can be found on the official Bitunix website.

Overall, Bitunix has competitive fees that make it a good choice for active traders.

Available Cryptocurrencies

Cryptocurrencies Available on Bitunix

Bitunix doesn’t offer any crypto-to-fiat trading pairs. However, traders can fix their profits by converting digital assets into stablecoins like USDT, USDC, USDE, or DAI.

The platform doesn’t have a traditional launchpad, but it regularly announces new token listings through its Announcements Center. Unlike DigiFinex and BitMart, it doesn’t offer discounts or other perks to investors.

Blockchain projects can apply for token listing by filling out a corresponding application.

Bitunix has a high liquidity score on CoinMarketCap. The trading volume of popular cryptocurrencies like DOGE or XRP exceeds $10 million.

However, I’ve also discovered over 15 assets with trading volume below $10k.This low liquidity could lead to unfavorable rates for investors looking to trade large amounts. To address this issue, the platform regularly delists trading pairs with low liquidity.

Deposits & Withdrawals

Bitunix Deposit Options

Bitunix integrates several fiat payment gateways, similar to platforms like Changelly and BitMart. During my tests, I found that the exchange rate displayed on the platform does not match the actual sum you get when using these services. For example, the calculator on the exchange stated that I would receive 100 USDT by paying $100 via Coinify while in reality, the service has a 12% commission. Platforms like Bitfinex and KuCoin, which offer direct fiat deposits, may be more convenient and provide favorable exchange rates.

Bitunix Withdrawal Methods

During my tests, withdrawing crypto from Bitunix was straightforward. The platform clearly displays the fee, the amount received, and the 24-hour withdrawal limit on the same page. Sending funds to another Bitunix user is free.

I chose to withdraw LTC via the Litecoin network to my wallet. Bitunix applied a fixed withdrawal fee of 0.002 LTC, significantly lower than BitMart’s fee of 0.008 LTC for the same transaction. The funds reached my wallet within a few minutes.

The minimum withdrawal amount varies by asset. For Litecoin, it’s 0.11 LTC, and for Bitcoin, it’s 0.000035 BTC.

Bitunix Daily Withdrawal Limits

Daily withdrawal limits on Bitunix depend on the level of verification. Unverified users can withdraw up to 500,000 USDT, while Level 1 and Level 2 increase the limit to 2 million USDT and 5 million USDT, respectively.

Additionally, Bitunix specifies different withdrawal limits based on the security level. Accounts with only one security item, like a phone number or Google 2FA, can withdraw up to 10,000 USDT daily.

Customer Service

Bitunix Customer Support Test

To evaluate the quality of customer service for diverse user needs, we created a unique trading test. We personally contact support using all available methods and present hypothetical problems that users might face. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. This method effectively measures the capability of customer support to assist both active traders and casual investors.

During testing, I contacted Bitunix support via Live Chat to ask about the security of customer funds. The agent responded immediately and provided detailed answers. The overall response time was quick, and the service felt efficient.

I had a similar experience with customer support at Changelly and DigiFinex, which was also available via Live Chat. My experience shows that support at larger exchanges like HTX and KuCoin was less effective.

Additionally, I submitted a request via the ticketing system to inquire if the exchange provides any insurance on crypto deposits. The agent responded in less than an hour, providing me with the information I needed.

FAQ