Introduction
BitOffer is a Hong Kong-based crypto exchange launched in February 2019. It combines spot, futures, options and ETF-style products under one roof. With features like dual-currency investments and AMM futures, it positions itself as more than a basic trading venue.
What is BitOffer?
BitOffer offers classic spot markets alongside leveraged options, AMM futures, ETFs and quantitative fund products. It also promotes dual-currency tools designed to provide returns in multiple market conditions. From its launch, it has branded itself as a full crypto-financial playground rather than just a standard exchange.
Pros
- Diverse product suite: spot, options, futures, ETFs, quant funds, dual-currency tools.
- Welcome bonuses – some promos offered ~$50 for new traders.
- High leverage options – up to 1000x claimed on options trades.
- Low withdrawal fees (~0.0005 BTC).
- KYC optional – quick onboarding without strict verification.
Cons
- Untracked on CoinMarketCap – no verified volume or reserves.
- Low liquidity – about 15 coins and 25 pairs listed.
- Some sites flagged it inactive in 2023 when the platform briefly went offline.
- Odd fixed trading fee of 0.0005 BTC per order – heavy for small trades.
- Vague regulation – Hong Kong registration, no strong licensing.
- Weak trust scores – liquidity and security rated poorly.
Fees
Withdrawal for BTC sits around 0.0005 BTC, below many competitors. Trading fees are also fixed at 0.0005 BTC per order, which can be attractive for large trades but costly for smaller ones. Fiat deposits rely on wire transfers, with no card integration.
User trust & reputation
User feedback is mixed. Some value the variety of products, while others criticize weak support and low transparency. Review sites highlight inactive flags, low trust metrics and weak liquidity. The team claims tech backgrounds from firms like Facebook and Tencent, but details are thin.
Quick overview table
| Feature | Details |
|---|---|
| Launch | 2019, Hong Kong |
| Products | Spot, options, AMM futures, ETFs, quant funds, dual-currency |
| Coins/Pairs | ~15 coins, 25 pairs |
| Leverage | Up to 1000x on options |
| Trading Fees | 0.0005 BTC per order |
| Withdrawal Fee | ~0.0005 BTC for BTC |
| Trust | Untracked on CMC, low scores on trackers |
Final word
BitOffer is ambitious and full of experimental products. It merges spot, options, futures and structured products into one place, with attractive fees and bonuses. But low liquidity, unclear regulation and poor transparency undermine its credibility. For casual exploration or niche strategies, it may be interesting. For serious trading or storing funds, it is not a reliable choice.