As encryption enters its 17th year, the industry is gradually maturing; at the same time, CEXs have also successively ushered in their "coming-of-age moment"—the compliance test and the competition of ecological landscape. On one hand, the trend of friendly regulatory policies in the United States is clear, and compliance has become a mandatory choice for CEXs; on the other hand, under the impact of the TradFi wave, building their own ecological closed loop has become the top priority in the second half of the CEX competition.
In this "hundred-regiment battle" among CEXs, BitMart, which has been established for 8 years, has gradually carved out its own development path with its rigorous security and compliance system, global localization layout, and rich product ecosystem. Today, Odaily Planet Daily, from the perspective of a third-party media, will review the eight years of industry bull and bear markets it has experienced with everyone, in order to explore the real reliance that enables a CEX to remain prosperous for a long time.
Heroes Show Their True Colors in Turbulent Times, Bull and Bear Changes Reveal the Merits of Compliance
Currently, whether it is a native CEX坚守ing the加密 market or a diversified CEX involved in the TradFi field, compliance is an unavoidable hurdle; but in the past, only a few CEXs understood the necessity and importance of compliance, and BitMart was one of them.
In 2017, BitMart was registered and established in the United States. Founder Sheldon Xia made a rather counterintuitive choice at the start of the company:主动对接 the regulatory system, building the platform with standardized operations as the starting point. Its core logic was clear and firm—only by accepting constraints and tests under a strict regulatory framework can the platform's foundation be truly solidified and the long-term trust of users won. This is not "self-imposed shackles," but rather a conviction in the long-term development of the industry.
In early 2026, with the approval of the New York State Department of Financial Services (NYDFS), BitMart US achieved full compliance coverage in all 50 states and all territories of the United States, becoming one of the few加密 exchanges that can operate compliantly across the entire United States.
From the beginning to the present, BitMart has always regarded compliance as the core principle of development. Through multiple bull and bear cycles in the industry, it has always maintained a posture of stable operation. Over the eight years, under the framework of compliance and security, BitMart has continuously consolidated its operational foundation and gradually built a compliant operation system covering major global markets. From continuously improving operational guidelines in various regions around the world to further optimizing compliance operation capabilities through resource integration, BitMart has always aimed for "stable operation" rather than pursuing the accumulation of the number of licenses. This long-termism with compliance as the bottom line has allowed BitMart to maintain a stable development trend during industry reshuffles, becoming one of the representatives of stable operation in the industry.
Strengthening the Security Defense Line, Consolidating the Survival Foundation of CEX
If compliance is the "lifeline" for the continuous operation of a CEX, then security risk control is the "bottom line" for the survival of a CEX. The development of the加密 industry has always been accompanied by challenges to security risks. Social engineering attacks, system vulnerabilities, and other issues constantly test the platform's risk control capabilities. Including BitMart, many leading CEXs have gradually formed a consensus: the key to preventing platform security vulnerabilities often does not lie in how advanced the technology itself is, but in whether the entire security risk control system has sufficient defense in depth.
Relying on eight years of technical accumulation and operational experience, BitMart has created a full-link, multi-level security risk control system, integrating the concept of security into every环节 of platform operation:
- At the asset management level, about 99% of BitMart's user assets are stored in physically isolated cold wallets, with only 1% retained in hot wallets for liquidity management; multi-signature technology ensures that any fund transfer requires multiple authorizations; advanced security protocols such as WAF, XDR, and CWPP构建 the system-level defense line.
- At the underlying technology level, in 2024, BitMart officially upgraded its wallet architecture to an MPC multi-party computation architecture, introducing a higher level of security mechanism at the key management level.
- At the institutional cooperation level, BitMart maintains long-term strategic cooperation with institutional custody service providers such as Copper, Cobo, and Fireblocks. In 2025, it also built a blacklist address database and AML intelligence database of millions of entries, combined with on-chain tracking models to strengthen real-time detection of abnormal fund flows, ensuring the normal operation of the anti-money laundering mechanism.
- At the user security configuration level, BitMart has set up multiple security checkpoints such as mandatory two-factor authentication (2FA), anti-phishing codes, and withdrawal address whitelists, serving as the first line of defense against social engineering attacks.
- At the compliance tool chain level, BitMart integrated Notabene (Travel Rule compliance), Sumsub (KYC/AML verification), and Signzy (real-name authentication) in 2025, covering the entire chain of compliance risk control from user access to fund flow.
"Hackers get smarter, so we get tougher." Behind the words spoken by BitMart founder Sheldon Xia is a整套 of持续跟进 security system investments by the platform, not a one-time面子工程 or seemingly useful defensive工程.
BitMart's 8-Year Ecological Construction Path: From Cryptocurrency Exchange to Comprehensive Digital Asset Trading Platform
If regulatory compliance is the cornerstone of platform development, the ecological closed loop built around asset trading is the core engine that supports BitMart to this day.
First, look at the most basic trading level. In 2025, BitMart completed the third-generation architecture upgrade of its spot and futures systems: the average spot system matching latency was reduced to 2 milliseconds, with order processing capacity reaching 200,000 orders per second; the futures system latency was reduced to 7 milliseconds, with processing capacity reaching 120,000 orders per second, representing an overall performance improvement of more than 10 times. The annual spot trading volume increased by 58.5% year-on-year, with a single-month growth rate of 128% in May, ranking first among major global exchanges; the annual futures trading volume increased by 68% year-on-year, with the total annual volume exceeding 9 trillion USDT.
In terms of asset type coverage, BitMart's fast listing strategy has formed a self-reinforcing flywheel: in 2025, it listed 1193 assets throughout the year, with nearly 50% being首发 assets; 93 assets increased by more than 1000%, and the top 20 assets by annual increase were all首发 projects on BitMart. For users who want to capture high-potential assets early, this data means that BitMart is an asset entry point that reacts faster, lists earlier, and covers more broadly than most similar platforms.
In addition, the expansion of the product matrix has also been one of BitMart's efforts over these 8 years. In 2025, riding the wind of PayFi and stablecoins, BitMart successively launched BitMart Card covering virtual cards, physical cards, high-end metal cards, and prepaid cards, with service coverage in over 160 countries and regions worldwide, supporting the platform's native token BMX as a payment medium for consumption; BitMart Travel provides flight and hotel bookings; P2P business annual trading volume increased by 327.65% year-on-year, adding nine fiat markets including Vietnam, Bangladesh, Pakistan, Nigeria, and the Philippines; the assets under management (AUM) of wealth management products increased by 468% year-on-year. Moreover, the火爆 of the RWA sector also provided opportunities for BitMart's business development. It jointly launched the yield-generating stablecoin BMRUSD with regulated partners, organically combining wealth management products with cryptocurrencies and RWA assets, further lowering the practical threshold for large-scale加密 adoption.
From the expanding boundaries of its existing business, it is difficult to summarize BitMart with the single term "cryptocurrency exchange" in the traditional sense. Considering its recent actions in the popular AI and on-chain ecology, it might be more appropriate to call it a "comprehensive digital asset trading platform".
In terms of AI, BitMart launched X Insight in 2025 (a social sentiment database tracking 2000+ KOLs and analyzing 10,000 tweets daily), Beacon Trading Assistant (supporting one-click K-line interpretation and price trend prediction for the top 30 assets on CMC), and AI Trading Arena (a visual live simulation environment) and other effective industry tools. Recently, combined with the currently hottest AI Agent system OpenClaw, BitMart further launched BitMart Skills, allowing developers to integrate BitMart's trading capabilities into AI Agents with one click, truly striving to achieve the goal of "making trading easy for users".
In terms of on-chain, the BitMart Web3 wallet was launched in March 2026. Through this product, users can complete a整套 of operations from asset management to on-chain trading within one platform. It supports行情展示 and trading of approximately 1.7 million tokens and has built a DEX aggregator architecture with multi-route optimization and Gas optimization capabilities. As on-chain trading liquidity deepens,提前布局 the on-chain entrance is the second growth curve BitMart has prepared for itself.
Conclusion: 8 Years, 13 Million+ Users, 1700+ Trading Pairs
As of the end of 2025, BitMart's global registered users exceeded 13 million, and the platform supports 1700+ trading pairs. Various data rank among the top in statistics on aggregation platforms such as CoinGecko. In addition, its platform token BMX's market capitalization grew from about $35 million at the beginning of last year to over $156 million now, an annual growth rate of approximately 4.45 times, and the number of active holders has exceeded 500,000.
But more noteworthy than these numbers are the several key choices BitMart made over the eight years: starting in the most strictly regulated US market in 2017; completing the MPC wallet architecture upgrade in 2024,主动提升 security standards; achieving full US compliance coverage under the US regulatory framework in 2025; and主动 acquiring regulatory licenses through the acquisition of WooX in 2026. For each choice, there might have been easier alternative solutions at the time, shortcuts to achieve the purpose更快, but BitMart still chose the more difficult path without hesitation.
Today, the加密 market is no longer a market where winning depends solely on speed. The regulatory framework is becoming clearer, institutional funds are entering the market rapidly, user experience standards are rising, and the intensity of industry competition is also escalating. In such an environment, compliance capabilities and ecological depth are becoming the core variables that determine whether an exchange can continuously win user trust, continuously exert its own value, and truly have a positive impact on the industry.
8 years, 2 bull and bear cycles, BitMart has step by step steadily made these two things its clearest labels. Looking back at its development history, it is clear that BitMart is not the fastest runner in the industry, but it is the steadiest runner in the industry. In an industry盛行 with short-term投机主义, BitMart's style of proceeding steadily and going far may seem slightly另类, but this is perhaps its winning法宝 to have the last laugh.
Risk Warning:
The above information is for reference only and should not be considered as advice to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no express or implied representations or warranties regarding the accuracy, completeness, validity, reliability, availability, or completeness of such information.
All cryptocurrency investments (including wealth management) are inherently highly speculative and accompanied by significant risk of loss. Past performance, hypothetical results, or simulated data do not necessarily represent future results. The value of digital currencies may rise or fall, and buying, selling, holding, or trading digital currencies may involve significant risks. Before trading or holding digital currencies, you should carefully evaluate whether it is suitable for you to participate in such investments based on your investment objectives, financial situation, and risk tolerance. BitMart does not provide any investment, legal, or tax advice.
