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Exchange Review
This exchange has been flagged as inactive. There are many reasons for being flagged as inactive. We recommend you read the text below to understand why FatBTC has received the inactive flag.

FatBTC

Exchange Fees

BTC Withdrawal Fee 0.0007 • Taker Fee 0.20% • Maker Fee 0.20%

Deposit Methods

Yes Wire Transfer No Credit Card

Cryptos (52)

Aidos Kuneen Coin, Bitcoin Cash, Celsius Token, Dentcoin, Dogecoin and 47 more

UPDATE 18 September 2024: When trying to access the website of FatBTC today, we were unsuccessful. As far as we know, there have been no preceding messages on system maintenance or new websites or anything similar. 

Accordingly, we believe that this exchange has closed down and we have marked it as "dead" in our Exchange Graveyard. If the exchange's website would become accessible again and the error is just temporary, we will "revive" it and bring it back to our Exchange List.

To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you.

What is FatBTC?

FatBTC is one of the many Seychelles cryptocurrecy exchanges. It has been active since 2014. The exchange offers its user interface in many languages: Chinese, Chinese (Simplified), English Español, Tiếng Việt, Русский, Português. You can also easily switch the language from the upper right corner of the exchange’s website.

The platform is also available to use on your smart phone or reading tablet. All you need to do is to download the application to your iOS-device or Android-device and then start trading.

FatBTC Mobile Support

US-investors may not trade here. There are many things making it complicated for non-US crypto exchanges to accept traders from the US. First and foremost, it’s the US’ legal regime. The US-legal regime imposes tough obligations on many companies accepting funds from US-investors. Such obligations include, inter alia, preparing info material in accordance with SEC-standards and registering them with the SEC (which is a very burdensome process). If you’re from the US, you shouldn’t be too sad though. Use our Exchange Finder to find a US-friendly exchange for you.

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen crypto and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can see that it feels right to you. The below is a picture of the trading view at FatBTC:

FatBTC Trading View

This cryptocurrency exchange doesn’t charge different fees between takers and makers. They charge a flat fee of 0.20% for both takers and makers. The exchange announced these fee rates in Q2 2022. .

As a comparison, in the largest and most recent empirical study performed on industry average crypto trading fees, we found that the industry average spot trading taker fee was 0.229% and the corresponding spot trading maker fee was 0.185%.  

Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Let’s say you have reached your investment goals and you are looking to pay with Bitcoin in real life. In order to do so, you need to withdraw the funds. And when doing so, the exchange can make up for its low trading fees by charging you high withdrawal fees when you’re halfway out the door.

FatBTC doesn’t do this however. They charge a withdrawal fee of 0.0007 BTC when you withdraw BTC. This is slightly below the global industry average of 0.000812 BTC. FatBTC also does not charge any deposit fees for crypto deposits.

FatBTC offers wire transfer as a deposit method, but you can’t deposit via credit card. The fact that FatBTC offers you the opportunity to deposit fiat currency at all makes it what we call an “entry-level exchange”.