Bitunix Exchange Review

Bitunix has been operating since 2021 and, with a clean user interface, competitive fees and copy-trading tools, has carved out a place for itself among futures traders. The exchange lets Iranian users trade spot and futures without identity verification.

As an official Bitfa partner, signing up on Bitunix through our exclusive link gets you a first-deposit bonus plus access to Bitfa's Persian-speaking support team.

Bitunix was founded in 2021 and its head office is in Dubai. The exchange entered the market with a focus on simplicity and transparency and quickly attracted users among futures traders, especially in the Middle East.

Bitunix is a familiar name in today's crypto market. It entered the scene in 2021 with the aim of redefining the standards of security, efficiency and accessibility in the industry. With advanced technology and a simple, smooth user interface, the platform is one of the best exchanges for Iranian users. Bitunix offers a secure environment backed by advanced security protocols, and in recent years it has established itself as one of the most reputable trading platforms around.

A quick review of Bitunix

Bitunix is a cryptocurrency trading platform that specializes in spot trading and futures trading. Thanks to its simple user interface, competitive fees and copy-trading feature, it is a good option for beginners and professional traders alike. The exchange was founded in 2021 and has since become one of the most popular exchanges in crypto.

According to CoinMarketCap, Bitunix ranks among the top 50 cryptocurrency exchanges, and thanks to its high trading volume (more than $5 billion in total) and strong liquidity, it has earned a solid position in the market. The exchange supports more than 700 trading pairs, including popular coins such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) and many other altcoins. This variety makes it easy for users to diversify their investment portfolio.

With leverage of up to 125x on futures and a copy-trading feature, Bitunix also lets users earn substantial profits with little capital. With its focus on simplicity and security, the exchange is a good choice for anyone who wants to trade on a platform that is trustworthy yet user-friendly.

History of Bitunix

Bitunix was founded in November 2021 with the goal of building a simple yet powerful trading platform for users around the world. It was launched by a group of finance and blockchain experts with extensive experience in both traditional financial markets and crypto. Bitunix's core mission was to democratise cryptocurrency trading: to create a platform that is easy for beginners while offering professionals advanced features such as futures trading and analytical tools.

To make the most of this platform's special perks, we recommend reading our article on the Bitunix bonus to learn how to claim its trading rewards.

Bitunix's head office is registered in Saint Vincent and the Grenadines (SVG), and from the very start the exchange set out to attract users with a focus on transparency and regulatory compliance. In October 2022, Bitunix took a big step in expanding its services with a global launch and the addition of futures trading and copy trading. To date, the exchange has attracted more than 2.5 million users from over 100 countries, and its daily trading volume sometimes reaches $1.2 billion.

In 2023, the exchange also improved the experience for technical analysts by integrating professional tools such as TradingView and Ultra K Line into its platform. With operational offices in Poland and Australia and a focus on global expansion, Bitunix is fast becoming one of the best trading platforms in the crypto market. Through security, innovation and a diverse range of services, the exchange has stayed on a steady growth path.

Bitunix for Iranian users

Bitunix is one of the few international platforms that let Iranian users trade without identity verification. The exchange allows Iranian users to transact up to $500,000 a day without identity verification (KYC), which is enough for most traders. Keep in mind, however, that Iranian users cannot complete identity verification with Iranian documents or an Iranian passport. This restriction is due to international sanctions, which require many reputable exchanges not to serve Iranians.

To check the current situation for users on this platform, our article Bitunix for Iranian users analyses the restrictions and the security precautions you need to know about.

The Bitunix website supports Persian, which is a big advantage for Iranian users. You can select Persian in the language settings menu to display the interface in that language. This makes the exchange much easier to use for people who aren't comfortable with English.

As for customer support, Bitunix offers support in Persian, and its multilingual support team is available 24/7 via live chat, email and tickets. This means Iranian users can reach support quickly if they run into a problem.

Is Bitunix a reputable exchange?

An exchange's credibility is one of the most important criteria when choosing where to trade crypto. By obtaining recognized licenses and building transparent infrastructure, Bitunix has established itself as a trustworthy platform.

Bitunix's VASP license in the Philippines

By obtaining a VASP (Virtual Asset Service Provider) license from the Philippine Securities and Exchange Commission (SEC), Bitunix demonstrates its commitment to meeting global standards. The license was issued in 2023 and allows the exchange to offer virtual asset exchange services in the country, including spot and futures trading.

The VASP license ensures the exchange complies with anti-money laundering (AML) and know-your-customer (KYC) rules, although Bitunix operates without KYC for general users.

• License requirements: transaction monitoring, regular reporting to the SEC and secure storage of assets.
• Benefits for users: legal access to the Philippine market, with support for local fiat and cryptocurrencies.
• Impact on security: lower regulatory risk and greater investor confidence.

Bitunix's MSB license in the United States

Bitunix's MSB (Money Services Business) license from FinCEN, granted in December 2022, allows the exchange to offer money transfer and currency exchange services in the United States. The license requires the exchange to comply with AML and CFT (countering the financing of terrorism) rules and allows it to offer trading without a VPN. US users can trade without KYC, with a daily withdrawal limit of 500,000 USDT.

• License scope: covers crypto-to-fiat trading and derivatives, with a focus on transaction transparency.
• Benefits: direct access to the US market without geographic restrictions, unlike KuCoin or Bybit.
• Regulatory compliance: monthly reporting to FinCEN and cold storage for 100% of assets.

Bitunix's MSB license in Canada

In January 2024, Bitunix received an MSB license from Canada's FINTRAC, which makes its crypto and fiat exchange services legal. The license requires compliance with AML and KYC standards, but Bitunix still lets Canadian users trade without identity verification, with daily withdrawals of up to 500,000 USDT.

• Key requirements: monitoring of suspicious transactions and annual reporting to FINTRAC.
• Benefits for users: futures and spot trading without a VPN, plus support for CAD.

Bitunix's ranking

In 2025 rankings, Bitunix received an A trust score from CoinGecko, and with daily trading volume of $1.45 billion it ranks among the top 20 exchanges.

• Bitunix's ranking on CoinGecko: 96th by volume and 95th by order-book depth.
• Score on Traders Union: 8.5/10 for advanced tools and copy trading.
• Bitunix's ranking on FXEmpire: stands out for privacy and no-KYC trading.

In addition, Bitunix has operational offices in Poland and Australia, with plans to open offices in other countries such as Singapore, Japan and the UK. This global presence reflects the exchange's commitment to offering broad, reliable services.

According to Cer.Live's assessment, Bitunix holds a BBB security rating and an overall score of 75/100, made up of 88 for server security, 92 for user security and 100 for penetration testing and its bug bounty program. However, the exchange does not insure user funds, which is considered one of its weak points. Bitunix also uses Proof of Reserves (PoR) to show that user assets are backed 1:1. This increases the exchange's financial transparency and has helped win users' trust.

Bitunix security

The exchange supports two-factor authentication (2FA). Bitunix also lets users verify their identity via email and SMS code (if they signed up with a phone number). These methods add extra layers of security to protect user accounts. To further safeguard assets, the bulk of user funds is held in cold wallets, which are kept offline and protected from cyberattacks.

Bitunix uses SSL encryption to protect user data in transit and runs a 24/7 monitoring system to detect and prevent suspicious activity. The exchange has also passed numerous penetration tests and runs a bug bounty program to find potential vulnerabilities.

To address security concerns, the article “Is Bitunix a scam?” takes a transparent look at every aspect of this exchange's trustworthiness and credibility.

Bitunix's security measures to protect assets

With 100% of assets in cold storage and $200 million of insurance, Bitunix offers a high level of security. The exchange has obtained MSB and VASP licenses, which ensure AML compliance. It also lets users enable 2FA and use a withdrawal whitelist.

To master the spot market, the article How to trade spot on Bitunix covers everything you need to know about buying and selling assets, with a practical focus.

• Storage: 99% offline, with regular audits.
• Protection: an intrusion detection system and a 100,000 USDT reward for finding security bugs.

These security measures, together with a commitment to regulatory standards, make Bitunix a secure platform for trading cryptocurrency.

Bitunix customer support

The quality of customer support is one of the most important criteria when choosing a cryptocurrency exchange. With a strong, responsive support system, Bitunix aims to give its users a satisfying experience. The exchange provides support 24 hours a day, 7 days a week through several channels, including live chat, email and a ticketing system on its website.

Bitunix's live chat lets users get in touch with the support team quickly. It usually replies within a few minutes and is very handy for urgent issues, such as problems logging in or with transactions. For more complex issues, users can send an email ([email protected]) or submit a ticket in the support section of the website. Tickets usually get a reply within a few hours and at most 24 hours, depending on the complexity of the issue.

Based on reviews from reputable sources and user feedback on platforms such as Trustpilot and social media, most users are happy with the speed and quality of Bitunix's support. Many traders report that the support team answers questions and resolves problems professionally and patiently. However, some users have noted that response times can be a little longer at busy times, and non-urgent tickets in particular can take a long time to get a reply.

One point worth keeping in mind, as we mentioned earlier, is that Bitunix offers support in Persian. This is a huge advantage for Iranian users.

For traders interested in leverage, our tutorial on futures trading on Bitunix offers a comprehensive guide to managing positions in the derivatives market.

The Bitunix website

The official Bitunix website is available at this address: Sign up on Bitunix. The site fully protects user data with SSL encryption and advanced security protocols. The domain has been active since 2021 and is managed by reputable domain registrars.

The Bitunix website's interface is designed to suit both beginners and professionals. The homepage includes sections such as trading markets, a user dashboard, analytical tools (such as TradingView) and beginner tutorials. The site supports several languages, including Persian, which is a big advantage for Iranian users. Users can choose their preferred language from the settings menu to display the interface in that language.

Bitunix works across devices, including desktop computers, tablets and smartphones. The website is fully responsive, which means it runs smoothly and performs well on any device. This lets users access their trades anytime, anywhere.

In terms of security, the Bitunix website is equipped with advanced monitoring systems to detect and prevent cyberattacks such as DDoS attacks.

Is Bitunix active on social media?

Bitunix has an active social media presence and uses these platforms to share announcements, engage with users and post news about the exchange. It is active on networks such as Instagram, X, Telegram and Discord, and regularly publishes content including tutorials, market analysis and new announcements.

• Instagram: Bitunix's official Instagram page (view Bitunix's official Instagram) has more than 13,000 followers. The page posts weekly about events, bonuses and educational tips, and engages with users through stories.
• X: Bitunix's official account on X (@BitunixOfficial), with around 400,000 followers, is one of the exchange's most active channels. Bitunix posts daily on the platform about updates and market analysis, and answers users' questions there.
• Telegram and Discord: Bitunix's Telegram channel and Discord server also have thousands of members and give users a space to discuss and exchange views. These channels are mostly used for urgent announcements and informal support.

The Bitunix app

For its users' convenience, Bitunix has built a dedicated app that lets them trade crypto anytime, anywhere. The app is available for Android and iOS, and users can download it from trusted sources. The professional version of the app, known as Bitunix Pro, is designed for professional traders, with a more advanced interface and more analytical features.

The Bitunix app supports every feature of the website, including spot, futures and copy trading. Its interface is designed so that even beginners can use it with ease. The app supports Persian, which is a big advantage for Iranian users. Analytical tools such as TradingView and Ultra K Line charts are also built into the app, so traders can carry out precise technical analysis.

You can download the app for Android and iPhone:

• Android: head to Bitunix on Google Play to download the Android app.
• iOS: you can download Bitunix from the App Store, or get it from the same link on the official website.

Trading symbols on Bitunix

Bitunix is one of the best exchanges for trading derivatives, offering more than 500 cryptocurrencies and 507 trading pairs, including BTC/USDT and ETH/USDT, which see high daily trading volume.

The exchange has also listed new cryptocurrencies such as ALCH/USDT, BANK/USDT and BERA/USDT. Users can trade in the exchange's spot and futures markets, including 210 USDT-margined perpetual futures pairs.

• Spot pairs: major coins such as Bitcoin, Ethereum, Litecoin and Dogecoin, with support for more than 300 digital tokens.
• Futures pairs: a focus on perpetual contracts with leverage of up to 125x, such as DOGE/USDT and PEPE/USDT for high-risk trading.

Bitunix features

Bitunix offers a range of features, including spot, futures and copy trading. However, it does not offer services such as staking, options trading or yield farming, so its main focus is cryptocurrency trading. Below, we explain each of the exchange's main features in full:

Spot trading on Bitunix

Spot trading on Bitunix lets you buy and sell cryptocurrencies directly across more than 300 pairs, such as BTC/USDT. Features of spot trading on Bitunix:

• 0.1% fee
• Fast execution
• No slippage
• Market, limit and stop orders are all available.
• Access to TradingView tools and price alerts.

Futures trading on Bitunix

Bitunix futures, with 210 USDT-M perpetual pairs and 125X leverage, are suited to high-risk trading. Features of futures trading on Bitunix:

• Daily volume of $5.6 billion
• High liquidity
• Contracts with no expiry and a transparent funding rate.
• Stop-loss and take-profit orders available.
• Fees of 0.02% maker, 0.06% taker

Two-way trading (Hedge Mode)

Bitunix supports a two-way trading mode that lets users open long and short positions at the same time. To enable it, follow these steps:

1. In the futures section, select Hedge Mode in the settings.
2. This mode lets you manage the risk of your trades by opening opposing positions.

Copy trading

Copy trading is one of Bitunix's features that lets users, especially beginners, copy the trades of professional traders. It allows users to tap into other people's successful strategies and turn a profit.

Setting up tiered take-profits on Bitunix

A tiered take-profit (Take Profit Ladder) on Bitunix futures lets you close a position gradually at different price levels. To set up a tiered take-profit on Bitunix, follow these steps:

1. Log in to your account and go to Futures.
2. Open the position you want (long or short).
3. At the bottom of the trading page, find the Positions section.
4. Next to the active position, click TP/SL (take-profit / stop-loss).
5. In the window that opens, you can set several different take-profit levels.

• For example:
  • Level 1: close 30% of the position at $55,000
  • Level 2: close 40% at $57,000
  • Level 3: close 30% at $60,000

6. After entering the values, click Confirm to save the settings.
7. From then on, the system automatically closes your position step by step at the levels you set.

Bitunix bonuses

To attract new users and reward active traders, Bitunix runs a variety of bonus schemes. These bonuses come as trading credit or fee discounts and have specific conditions for activation and use.

• Welcome bonus: New users who sign up and make their first deposit (at least 100 USDT) can receive a bonus of up to 100 USDT. The bonus can be used for spot and futures trading, but it must be used within 30 days and cannot be withdrawn.
• Futures trading bonus: Users with at least 1000 USDT in futures trading volume can receive a bonus of up to 50 USDT. This bonus is offered periodically (weekly or monthly).
• Refer-a-friend program: Invite friends to sign up with your referral link and you'll receive up to 30% of their trading fees as a bonus.

Bonus terms:

• Bonuses cannot be withdrawn and can only be used for trading.
• Iranian users can use the bonuses too, but they must register their account with a non-Iranian email address or phone number.
• To activate a bonus, enter the bonus code in the Promotions section of the website or app and meet its conditions (such as a minimum deposit or trading volume).
• Bonuses are credited to your account within 7 days of meeting the conditions.

How to get Bitunix bonuses without identity verification

Bitunix's no-KYC bonuses include a 400 USDT deposit bonus and an 8000 USDT trading bonus, and to get them you need to sign up with a referral link. Without verification you can still withdraw profits, but the bonus itself acts as margin. The bonus expires after 30 days and cannot be used for wash trading. It is activated automatically after you deposit.

Bitunix fees

The exchange uses a maker and taker fee structure that varies by trade type (spot or futures). Users can also get fee discounts by increasing their trading volume or upgrading their account level:

The exchange's fees are as follows:

Here are the key points to know about fees:

• Discounts for VIP users: Bitunix has a program for high-volume (VIP) users that cuts maker and taker fees to as low as 0.01% and 0.04% respectively (for futures).
• Withdrawal fees: Withdrawal fees depend on the coin and the blockchain network. For example, withdrawing USDT on the TRC-20 network costs about 1 USDT, while on the ERC-20 network it costs about 10 USDT.
• No hidden fees: Bitunix charges no hidden fees on trades or account management, which adds to the exchange's transparency.

Bitunix's fees are highly competitive compared with major exchanges such as Binance (0.1% for spot) and KuCoin (0.08%-0.1%).

Understanding the cost structure is essential for optimizing your trades; in our article on Bitunix fees, we go through the trading rates in detail.

Bitunix pros and cons

Like any other exchange, Bitunix has its pros and cons, which we cover in full below:

Advantages of Bitunix

The advantages of Bitunix include:

• A wide range of cryptocurrencies: Bitunix supports more than 700 trading pairs, covering popular coins as well as new altcoins. This variety lets users build a diversified investment portfolio.
• A simple, user-friendly interface: The Bitunix website and app are designed to be usable by beginners and professionals alike. Built-in analytical tools such as TradingView also improve the user experience.
• Competitive fees: As explained in the previous section, Bitunix's low fees (0.1% for spot and 0.02%-0.06% for futures) make it a cost-effective option.
• Persian language support: Being able to switch the website to Persian makes the exchange much easier for Iranian users to use.
• Access for Iranian users: Bitunix lets Iranian users trade up to $500,000 a day without identity verification, which is a big advantage for Iranians.
• Support for leveraged trading: Leverage of up to 125x on futures gives professional traders the opportunity to earn high returns.

Drawbacks of Bitunix

Despite its many advantages, Bitunix, like any other platform, has drawbacks that users should consider before using it:

• No identity verification for Iranian users: Due to international sanctions, Iranian users cannot complete identity verification with Iranian documents or an Iranian passport. This restriction may be a problem for users who want higher withdrawal limits or access to certain features.
• No advanced services: Bitunix does not offer services such as staking, options trading or yield farming. This means there is no way to earn passive income or carry out more complex trades on the platform.
• No fund insurance: Unlike some major exchanges such as Binance, which maintain an insurance fund to protect user assets, Bitunix has no such feature, which may raise concerns among users about the safety of their assets.

Bitunix tutorial

Bitunix has a simple user interface. Below, we'll show you how to sign up, verify your identity, deposit and withdraw, trade (spot and futures), use the mobile app and copy trade on this exchange.

To get started trading on this platform, our step-by-step guide, How to sign up on Bitunix, walks you through creating an account and verifying your identity.

How to sign up on Bitunix

Signing up on Bitunix is a simple process that doesn't require initial identity verification. To sign up, follow these steps:

1. Go to this address.
2. Enter the required details (email or phone number).
3. Choose a strong password (at least 8 characters, combining letters and numbers).
4. Enter the verification code sent to your email or phone number.
5. Accept the terms of use to complete your registration.
6. For extra security, enable two-factor authentication (2FA) in the settings.

Identity verification on Bitunix

Identity verification (KYC) on Bitunix is required to raise the withdrawal limit (above $500,000 a day), but because of sanctions, Iranian users cannot complete this process with Iranian documents.

1. Go to Account Settings and then KYC Verification.
2. Enter your personal details (name, date of birth and address).
3. Upload your identity documents (a non-Iranian passport or ID card).
4. Upload a selfie holding your ID document and a piece of paper with today's date and the exchange's name written on it.
5. Wait for your documents to be approved (usually 1 to 3 business days).

How to deposit and withdraw on Bitunix

To deposit funds to the exchange, follow these steps:

1. Go to Assets and then Deposit.
2. Select the cryptocurrency you want (such as USDT) and the blockchain network (such as TRC-20 or ERC-20).
3. Copy the exchange wallet address or the QR code shown.
4. Send the coins from your personal wallet to that address.
5. The deposit is confirmed after 5 to 30 minutes (depending on the network used).

To withdraw from the exchange, follow these steps:

1. Go to Assets and then Withdraw.
2. Select the coin and network you want.
3. Enter the destination wallet address and the amount to withdraw.
4. Enter your 2FA code and the email or SMS verification code.
5. Confirm the withdrawal request. Withdrawals usually take 1 to 24 hours to process.

How to trade on Bitunix

Bitunix lets you trade both spot and futures. Below, we explain both types of trading and walk through the steps for each.

Spot trading

To trade spot on this exchange, follow these steps:

1. Log in to your account and go to Spot Trading.
2. Select the trading pair you want (such as BTC/USDT).
3. Choose the order type: Limit Order (an order at a set price), Market Order (an order at the market price) or Stop-Limit Order (a conditional order).
4. Enter the amount and the price (for a limit order) and click Buy or Sell.
5. Your trade will appear in the History section.

Spot trading fees on Bitunix are 0.1% for makers and 0.15% for takers, which is considered competitive compared with many other exchanges.

To choose the platform that best fits your trading strategy, our comparison of Toobit vs Bitunix looks at the differences and features of both exchanges.

Futures trading

To trade futures on this exchange, follow these steps:

1. Go to Futures Trading on the website or in the app.
2. Select the futures pair you want (such as BTC/USDT Perpetual).
3. Set your leverage (from 1X to 125X).
4. Choose the position type: Long (if you expect the price to rise) or Short (if you expect the price to fall).
5. Choose the margin mode: Cross Margin (uses your entire balance) or Isolated Margin (uses only part of your balance).
6. For risk management, set your take-profit and stop-loss. Bitunix also lets you set tiered take-profits or a trailing stop, which, once enabled, automatically locks in your profit at set points.
7. Enter the order size and type (Limit, Market or Stop-Limit) and place the trade.

Using Bitunix on mobile

The Bitunix app (Bitunix Pro) lets you do everything you can on the website from your phone. To use it, follow these steps:

1. Download the app from Google Play, the App Store or the official website.
2. Log in with your account or sign up.
3. Switch the app language to Persian (in the settings).
4. To trade, go to Trade and choose the trade type (spot or futures).
5. For deposits and withdrawals, go to Assets.
6. Analytical tools (such as TradingView) are available in the app.
7. Turn on notifications to stay up to date with market and account changes.

Tip: The app is secured with SSL encryption and 2FA, but avoid connecting over public Wi-Fi.

How to copy trade on Bitunix

Here are the steps for copy trading on Bitunix:

1. Go to Copy Trading on the website or in the app.
2. Choose a professional trader from the list (based on criteria such as profit rate, number of followers and risk level).
3. Choose the copy type:

• Multiplier: You copy a set proportion of the trader's position size (for example 0.05X or 2X).
• Fixed Amount: You allocate a set amount of your own capital to copying (for example 100 USDT).

1. Save your settings and trades will be copied automatically.
2. You can stop copy trading or switch to another trader at any time.
3. Save your settings so trades are copied automatically.
4. Check the performance of your copied trades in the Portfolio section.
5. You can stop copy trading whenever you like.

How to use two-way trading (Hedge Mode) on Bitunix futures

To enable this type of trading, follow these steps:

1. First, log in to your Bitunix account.
2. Select Futures from the menu at the top of the page.
3. On the trading page, click the Position Mode Settings icon.
4. In the window that opens, you'll see two options:

• One-Way Mode (single direction): You can only open one type of position (long or short) on each asset.
• Hedge Mode (two-way): Lets you open long and short positions on the same asset at the same time.

5. Select Hedge Mode and click Confirm to enable it.

Now you can:

• Profit from a rise in an asset's price with a long position.
• At the same time, profit from a fall in the same asset's price with a short position, or hedge against the risk of loss.

If you need to, you can switch back to One-Way Mode from the same settings menu.

Forex trading with Bitunix

At present, Bitunix does not officially offer forex trading. The exchange's main focus is on cryptocurrency trading, derivatives and its copy-trading system.

Is Bitunix good for trading?

Bitunix has a fast, simple user interface. With its modern design and clean layout, the platform puts powerful tools in traders' hands. Traders can trade hundreds of crypto pairs in the spot or futures markets and have analytical tools at their disposal. Trades execute quickly on Bitunix and fees are lower than those of its competitors, which matters a lot for active traders. One important caveat, however, is that Iranian users are not officially permitted to use this exchange.

Conclusion

With its wide range of features, competitive fees and simple user interface, Bitunix has become one of the most attractive platforms for crypto traders. With support for more than 700 trading pairs, spot and futures trading and a copy-trading tool, it is a good option for both beginners and professionals. For Iranians, the ability to trade without identity verification and support for Persian make Bitunix an excellent choice for trading. That said, limitations such as the lack of staking and the inability of Iranians to complete identity verification may be challenging for some users.