This guide shows you how to deposit money in BitMart from bank accounts linked to your Paypal, how long it takes to deposit fiat or USD into your BitMart, and learn how to buy cryptocurrencies.
Many platforms are springing up every day engaged in depositing money in cryptocurrency formats. They are so much and there are many options that people are confused about which platforms to trust. If you want a platform you can trust, then try out BitMart. In this post, we’ll be guiding you on how trustworthy and reliable BitMart is and how to deposit money in BitMart.
BitMart has a set of distinct qualities and characteristics that makes it different from other cryptocurrency formats. The app and web versions of the platform offer a wide range of services to users. Furthermore, the user experience of the platform is above average. BitMart is a platform that suits everyone’s choice, demand, taste, and style.
We’ll be providing a comprehensive guide on how to use the platform and how to deposit money in BitMart. However, before we go further, the BitMart platform needs to be properly explained through questions and answers below.
In this post, I shared:
- 1 What is BitMart?
- 2 How secured is BitMart?
- 2.1 Is BitMart Legit?
- 2.2 What types of Transactions does BitMart run?
- 2.3 What are the Customers’ Reviews or Perceptions of BitMart?
- 2.4 How to Deposit Money in BitMart
- 2.5 How to Deposit Funds from other Platforms to BitMart using BitMart Website
- 2.6 How to Transfer Funds from other Platforms to BitMart using BitMart App
- 2.7 How to Buy Crypto by Credit or Debit Card and PayPal on BitMart Website
- 2.8 How to Buy Crypto by Credit or Debit Card and PayPal on BitMart App After Making Deposit
- 2.9 How Long does BitMart take to Deposit?
- 2.10 Why you can’t make a Deposit in BitMart?
What is BitMart?
BitMart is a cryptocurrency exchange platform that was established in 2017 and has since gained around 5 million users. It is a platform with a well-built and well-structured website, BitMart Website. On the platform’s site, there are 300 crypto trading pairs. The site enhances the running of different transactions and activities in a very good way. This is to say you can do a wide range of activities on BitMart.
You can also carry out a transaction using a wide range of crypto coins such as Bitcoin, Ethereum, DOGE, Cardano, and other coins as well you can buy or trade less-known coins through Sandbox and Audios.
BitMart has customers in over 180 countries. The customer care unit of the platform is very responsive.
How secured is BitMart?
BitMart is secured in case you want to sign up, deposit money, and run different forms of transactions. The platform is so security conscious that it installed a wide variety of protective measures on its website. These security measures have in the past become so strict that they have made some users who forgot their security details lose money.
BitMart security measures used and installed by the platform include
- Cold storage of the information and details of the clients.
- Two-factor authentication is to be submitted by the user at the point of signing.
- Encrypted server to lock up access to invaders and hackers.
- A consistent request for security details by the website for security
The platform is extra careful in handling the security details and procedures of the users.
Is BitMart Legit?
Yes. BitMart is legit. You can trust them for any crypto transactions you want to run with them. They have been around since 2017, have managed to garner around 5 million users and have carried out multitudes of transactions. The platform is regulated in the United States of America by the Financial Crimes Enforcement Network, and they’re watched closely as they handle and interact with customers.
What types of Transactions does BitMart run?
BitMart runs a wide variety of transactions that can be carried out with cryptocurrencies. These transaction processes can be carried out effectively, and the platform is equally dependable. What are these types of transactions?
- Buying and selling cryptocurrency.
- Regular trading of crypto.
- Futures trading.
- Crypto staking for interest
What are the Customers’ Reviews or Perceptions of BitMart?
There is variety in the customers’ reviews or perceptions of BitMart with some appraising the good service delivery of the platform, while some complaint about the glitches or setbacks they had running the platform. For one, due to the variety of transactions type one can carry out on the platform, a large number of customers consider it good for them.
Furthermore, the strict security measures employed by the platform make users feel safe even though a few complain it’s too strict and they tend to lose money when they forget their security details. While registering, you should endeavor not to forget your security details.
The user experience and interface are also not bad. BitMart’s website, for instance, is built, with great consideration for the customers.
BitMart is a platform you can trust if you intend to carry out transactions on the platform. The user experience is quite great and you can run any activity you wish to run there without many limitations. The platform also gives incentives to users to encourage them for carrying out transactions with the platform.
Now, we’re going to take you through the process of how to deposit money in BitMart in the next part of the post.
How to Deposit Money in BitMart
There are several ways you can deposit fiat or USDT tether or USD in BitMart, and it depends on what you want to do and on the device you want to do it with. There is a website version of the platform you can use on your system or mobile, and then, there is a mobile app you can use on your phone. There will be a list of different ways how to deposit money in BitMart here.
If you intend to deposit money, you can deposit through different third-party payment or money exchange enabling platforms like PayPal. You must be very careful when making payments and secure your details.
How to Deposit Funds from other Platforms to BitMart using BitMart Website
Step 1: Visit BitMart Website, and sign in. If you haven’t signed up, then you sign up first before signing in by typing in your email address and your chosen security details. You make sure you confirm and save them properly. Ensure you don’t lose your security details.
Step 2: After signing in, you move your mouse to the top right side of the “Homepage.”
Step 3: Moving your mouse there, you select and click on the “Assets” tab on the website.
Step 4: Right after clicking the “Assets,” you move the cursor and select the “Spot.”
Step5: Selecting the “Spot,” you’re presented with the different types of coins. You choose the coin you intend to do transactions with.
Step 6: Next, you click on the tab, “Deposit.”
Step 7: After clicking “Deposit,” the “Source of the Funds” tab comes up. You select the “Source of Fund” you want.
Step 8: Then, you copy the deposit address to paste on the withdrawal field. A QR code would come up, you scan it and ensure it is successful as that’s a great determinant if the deposit would succeed or not.
How to Transfer Funds from other Platforms to BitMart using BitMart App
Step 1: You log in to BitMart’s app. Or if you don’t have the app, you can download it, register, and log in.
Step 2: After logging in, you see where the “Assets” tab is at the bottom side. You move the cursor there and click on it.
Step 3: Right after clicking on the “Assets” tab, a page comes on, you search out the “Deposit” tab and click on it.
Step 4: Next, you open the “Search Bar” and input the name of the coin you want to do transactions with. It will search for the coins and bring out your desired coin.
Step 5. You copy the deposit address and paste it into the withdrawal field.
Step 6: The final one is scanning the QR code before finally being allowed to make the deposit.
How to Buy Crypto by Credit or Debit Card and PayPal on BitMart Website
If you do not have crypto already and you intend to buy crypto with a credit or debit card on BitMart Website, you follow the guidelines below:
Step 1: Visit BitMart Website, and signed up (if you haven’t signed up), or you just sign in.
Step 2: Once you are signed in, you move the cursor to the “Buy-Sell” tab on the “Homepage.” Click on the tab.
Step 3: After clicking the “Buy-Sell” tab, you select the token you would be using.
Step 4: You’ve to ensure you choose the best offer for you as there would be many offers thrown up at you. Get the coin of your choice at the cheapest price.
Step 5: When you get the best offer and pick it then you make payment by putting in the amount you want to buy and your card details or Paypal and all. You make payment and buy.
How to Buy Crypto by Credit or Debit Card and PayPal on BitMart App After Making Deposit
Step 1: Log in to the BitMart app on your phone. Or if you don’t have the app, you can download it, register, and log in to your account.
Step 2: You seek out the “Buy-Sell” tab on the starting page and click on it.
Step 3: The next part is to select the token you want to do your transactions with.
Step 4: Just like it is in the website version, you will be given different offers, you have to choose the best offer among them. Possibly the cheapest of them should be the best.
Step 5: Then, you input the amount you want to buy, and your card or Paypal details to make the payment. If it goes through you have bought.
You have to note that BitMart seldom has problems with the deposit of customers. Of all the things you need to know about how to deposit money on BitMart, knowing that the platform rarely has a problem with deposits is a good one. However, in case they have, there might be likely reasons why it is so. The related questions on this issue would be answered below.
How Long does BitMart take to Deposit?
The average time the platform takes in making a deposit is an hour. This means your deposit should reflect on your dashboard an hour after making payment. In case there is a slight issue or any issue, it can stay a maximum of 24 hours.
To know if the deposit was successful is when you receive a confirmation mail about the success of your deposit. If you don’t receive a confirmation mail after 24 hours, you must contact customer care through their email and you can call as well.
Why you can’t make a Deposit in BitMart?
Some people encounter this problem using the BitMart website or app. Sometimes you cannot make a deposit; you don’t have to panic. The problem is not from you and there is nothing wrong with your account with the platform. It simply means that BitMart is working on their system, and in no time, you should be able to make your deposit.
In the cases of upgrading of a system or rare cases of a system glitch, you would receive a mail informing you of the changes and glitches.
How to deposit money in BitMart is not a too hard task to do if you know the right guidelines and procedures. You have to note that when using BitMart that there might be several verification messages going to pop up on your screen, you just have to feel them in as they’re meant to safeguard you. In all, BitMart is a platform that’s saved for buying, selling, and trading cryptocurrencies.
You should know that you can earn some benefits or dividends by using BitMart. BitMart equally has varieties of options presented to the user to carry out his or her transactions. The user experience is equally not a bad one, on the website or the app, BitMart presents users with a marvelous user experience.