FatBTC

FatBTC Exchange Review

Centralized

FatBTC Overview

  • A FatBTC exchange review reveals that this digital asset exchange / cryptocurrency exchange is based in China. They cater primarily to the Chinese market, but their website is available in more than one language, including English, Chinese, Portuguese and other languages.

    A lot gets lost in translation, but they seem to serve the crypto community via no less than 84 active markets, including a limited number of currency pairs, predominantly crypto-to-crypto currency pairs. A FatBTC exchange review also reveals that they offer a market maker program for professional traders, including free trading via the FatBTC API. It comes in the form of 1 zero trading fee account and in order to qualify for this, a trader needs to bring in or generate at least $100k in volume on average per day.

    It is also revealed by a FatBTC exchange review that they reserve the right to delist a trading pair if it will help to protect their users. For example, they will delist a trading pair if there are major legal issues negatively impacting a project, when there are serious technical and security issues, when the team behind a project gets disbanded, when average trading volume is less than $1000 per day over 30 consecutive days, etc.

    In addition, they seem to give 3-day notices prior to delistings. They also provide users with a 30-day window in which they can withdraw delisted cryptocurrencies or digital assets. This while they will only consider closing a withdrawal channel after 60 days.

    FatBTC’s Chinese origin can be a disadvantage in two ways: first is that its English customer service may not be as good, and second is that considering the legal debate surrounding cryptocurrencies the exchange might be subject to certain regulations in the future. There are two currencies created and supported by the exchange: FCNY and FAT. FCNY represents the Yuan and is similar to USDT, which is backed by fiat US dollar. As for FAT, currently it’s being traded against several altcoins however, there is not anything else to it for now. As it mostly targets local traders, it is not as popular globally, though it is seemingly open to any broker from anywhere around the world. Their multi-lingual website interface proves that they have worked on being user-friendly. 

    For security, FatBTC seems to use the HTTPS protocol. 95% of brokers’ coins are stored offline and a two-factor authentication system is additionally used to provide maximum security for the user. There has not been any reported activity suggesting a security breach, hence the exchange remains pretty secure in reputation however, an exchange review reveals that it is vulnerable to hacking. Most users keep their coins in private, personal wallets.

    FatBTC Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      5,200.766 BTC

      • FatBTC Total Trading Pairs

        115

        • FatBTC Margin Trading

          No

          • FatBTC Deposit Fees

            Free

            • FatBTC Trading Fees

              Full list of trading fees here

              • FatBTC Fiat Deposit

                No

                • Accepted Payment Methods

                  Crypto to Crypto Only

                  • FatBTC Native Token

                    Yes

                    • Native Token Smart Contract

                      N/A

                      • FatBTC Trading Markets
                        • FatBTC Stablecoins Trading

                          FatBTC Markets Data

                          Market Price Volume (24h) Change (24h) Last update
                          ACHN/FCNY FCNY 0.06910 ACHN 959,875.6

                          FCNY 0.0019

                          2.83%

                          2019-09-23 14:44:36
                          ACHN/USDT ₮ 0.004436 ACHN 1,370,246.2

                          ₮ -0.000048

                          -1.07%

                          2020-04-06 12:41:29
                          ADK/BTC Ƀ 0.00008900 ADK 367,569.7

                          Ƀ 3.0e-7

                          0.34%

                          2020-04-06 12:41:15
                          BAT/ETH Ξ 0.0009904 BAT 68,523.7

                          Ξ -0.000035

                          -3.40%

                          2020-04-06 12:41:20
                          BCH/BTC Ƀ 0.03459 BCH 13,741.0

                          Ƀ -0.00021

                          -0.60%

                          2020-04-06 12:41:25
                          BCH/USDT ₮ 243.72 BCH 349.40

                          ₮ 8.63

                          3.67%

                          2020-04-06 12:41:20
                          BSV/BTC Ƀ 0.02556 BSV 342.00

                          Ƀ -0.00051

                          -1.96%

                          2020-04-06 12:41:20
                          BSV/USDT ₮ 187.84 BSV 685.54

                          ₮ 11.41

                          6.47%

                          2020-04-06 12:41:19
                          BTC/DAI DAI 6,993.33 Ƀ 34.23

                          DAI 186.74

                          2.74%

                          2020-04-06 12:41:20
                          BTC/GUSD GUSD 7,101.71 Ƀ 34.85

                          GUSD 350.80

                          5.20%

                          2020-04-06 12:41:20
                          BTC/USDC USDC 7,010.99 Ƀ 35.17

                          USDC 256.22

                          3.79%

                          2020-04-06 12:41:15
                          BTC/USDT ₮ 7,054.14 Ƀ 34.62

                          ₮ 208.49

                          3.05%

                          2020-04-06 12:41:20
                          BZNT/ETH Ξ 0.00002730 BZNT 14,004,120.0

                          Ξ 6.0e-7

                          2.25%

                          2020-04-06 12:41:20
                          CNNS/USDT ₮ 0.002948 CNNS 2,028,887.0

                          ₮ 0.00014

                          5.10%

                          2020-04-06 12:41:19
                          CRO/USDT ₮ 0.04540 CRO 0

                          ₮ 0.0

                          0.00%

                          2020-04-04 14:24:59
                          CVC/ETH Ξ 0.0001358 CVC 345,022.8

                          Ξ -0.0000010

                          -0.73%

                          2020-04-06 12:41:20
                          CVNT/ETH Ξ 0.00001977 CVNT 280,884.0

                          Ξ -0.0000023

                          -10.30%

                          2020-04-06 12:41:04
                          DAPPT/USDT ₮ 0.0008130 DAPPT 1,351,534.0

                          ₮ -0.0000030

                          -0.37%

                          2020-04-06 12:41:20
                          DASH/BTC Ƀ 0.009900 DASH 2,788.16

                          Ƀ -0.00073

                          -6.87%

                          2020-04-06 12:41:20
                          DASH/USDT ₮ 69.25 DASH 3,419.81

                          ₮ 2.96

                          4.47%

                          2020-04-06 12:41:19
                          DCN/BTC Ƀ 0.00000001 DCN 0

                          Ƀ 0.0

                          0.00%

                          2020-04-03 16:53:41
                          DCN/ETH Ξ 0.00000002 DCN 7,950,048.0

                          Ξ 0.0

                          0.00%

                          2020-04-05 18:59:34
                          DNT/ETH Ξ 0.00003004 DNT 1,380,882.0

                          Ξ 0.0000016

                          5.63%

                          2020-04-06 12:41:20
                          DOGE/BTC Ƀ 0.00000027 DOGE 67,535,989.0

                          Ƀ -2.9e-9

                          -1.07%

                          2020-04-06 12:41:25
                          DOGE/DAI DAI 0.002323 DOGE 67,873,880.0

                          DAI 0.00026

                          12.55%

                          2020-04-06 12:41:24
                          DOGE/USDC USDC 0.001783 DOGE 3,440,322.0

                          USDC 0.0000030

                          0.17%

                          2020-04-06 12:41:24
                          DOGE/USDT ₮ 0.001847 DOGE 6,837,954.5

                          ₮ 0.000029

                          1.60%

                          2020-04-06 12:41:20
                          DRGN/BTC Ƀ 0.00000464 DRGN 6,889,000.0

                          Ƀ 1.5e-7

                          3.34%

                          2020-04-06 12:41:25
                          DRGN/ETH Ξ 0.0001731 DRGN 13,749,810.0

                          Ξ -1.0e-7

                          -0.06%

                          2020-04-06 12:41:25
                          ECA/ETH Ξ 0.00000131 ECA 0

                          Ξ 0.0

                          0.00%

                          2020-04-03 04:17:21
                          EGT/USDT ₮ 0.0007090 EGT 344,428.2

                          ₮ 0.0000080

                          1.14%

                          2020-04-06 12:41:19
                          EOS/BTC Ƀ 0.0003512 EOS 134,454.9

                          Ƀ 0.0000053

                          1.53%

                          2020-04-06 12:41:29
                          EOS/DAI DAI 2.39 EOS 34,193.2

                          DAI 0.17

                          7.68%

                          2020-04-06 12:41:25
                          EOS/ETH Ξ 0.01634 EOS 137,711.8

                          Ξ -0.00014

                          -0.83%

                          2020-04-06 12:41:29
                          EOS/USDC USDC 2.39 EOS 13,572.9

                          USDC 0.21

                          9.53%

                          2020-04-06 12:41:29
                          EOS/USDT ₮ 2.45 EOS 102,258.3

                          ₮ 0.14

                          5.98%

                          2020-04-06 12:41:30
                          ERK/BTC Ƀ 0.00000290 ERK 807,301.0

                          Ƀ -1.0e-7

                          -3.33%

                          2020-04-06 12:20:26
                          ERK/USDT ₮ 0.01990 ERK 1,718.00

                          ₮ 0.00090

                          4.74%

                          2020-04-06 12:20:14
                          ETC/USDT ₮ 5.22 ETC 34,405.3

                          ₮ 0.18

                          3.50%

                          2020-04-06 12:41:20
                          ETH/BTC Ƀ 0.02170 Ξ 67,785.4

                          Ƀ 0.00020

                          0.93%

                          2020-04-06 12:41:25
                          ETH/DAI DAI 144.49 Ξ 3,409.12

                          DAI 0.91

                          0.63%

                          2020-04-06 12:41:25
                          ETH/USDT ₮ 149.60 Ξ 33,792.5

                          ₮ 4.93

                          3.41%

                          2020-04-06 12:41:25
                          FAT/BTC Ƀ 0.00000205 FAT 33,963,887.0

                          Ƀ 4.2e-8

                          2.09%

                          2020-04-06 12:41:30
                          FAT/ETH Ξ 0.00008380 FAT 23,905,353.0

                          Ξ 0.0000015

                          1.82%

                          2020-04-06 12:41:24
                          FAT/USDT ₮ 0.01463 FAT 33,981,850.0

                          ₮ -0.000010

                          -0.07%

                          2020-04-06 12:41:30
                          FTT/USDT ₮ 2.51 FTT 33,935.6

                          ₮ 0.016

                          0.64%

                          2020-04-06 12:41:15
                          FTXT/USDT ₮ 2.33 FTXT 34,690.6

                          ₮ 0.0094

                          0.41%

                          2020-02-06 08:52:17
                          GEM/ETH Ξ 0.00000067 GEM 13,588,537.8

                          Ξ 2.0e-8

                          3.08%

                          2020-04-06 12:41:19
                          GNT/ETH Ξ 0.0002487 GNT 346,023.0

                          Ξ 0.0

                          0.00%

                          2020-04-06 12:41:19
                          HOLO/BTC Ƀ 0.00000006 HOLO 124,845,853.0

                          Ƀ 0.0

                          0.00%

                          2020-04-06 12:41:29
                          HOLO/DAI DAI 0.0008180 HOLO 0

                          DAI 0.0

                          0.00%

                          2019-09-18 08:59:30
                          HOLO/ETH Ξ 0.00000245 HOLO 339,842,677.0

                          Ξ -1.0e-8

                          -0.41%

                          2020-04-06 12:41:24
                          HOLO/USDC USDC 0.0008200 HOLO 0

                          USDC 0.0

                          0.00%

                          2019-09-18 08:59:18
                          HT/ETH Ξ 0.02537 HT 6,931.30

                          Ξ -0.0011

                          -3.98%

                          2020-04-06 12:41:24
                          HTML/ETH Ξ 0.00000014 HTML 665,196,700.0

                          Ξ -9.0e-9

                          -5.96%

                          2020-04-06 12:29:06
                          IOP/BTC Ƀ 0.00000380 IOP 0

                          Ƀ 0.0

                          0.00%

                          2020-03-29 12:01:27
                          KBC/BTC Ƀ 0.00000090 KBC 24,478,397.0

                          Ƀ -5.8e-7

                          -39.19%

                          2020-02-06 00:24:50
                          KBC/USDT ₮ 0.01000 KBC 958,686.0

                          ₮ -0.0040

                          -28.57%

                          2020-02-05 23:11:56
                          KIN/DAI DAI 0.00000407 KIN 344,548,650.0

                          DAI -3.0e-8

                          -0.73%

                          2020-03-09 18:41:29
                          KIN/ETH Ξ 0.00000003 KIN 40,730,416,220.0

                          Ξ 0.0

                          0.00%

                          2020-04-06 12:41:25
                          KIN/USDC USDC 0.00000581 KIN 348,505,350.0

                          USDC -1.9e-7

                          -3.17%

                          2020-03-09 18:41:16
                          KIN/USDT ₮ 0.00000496 KIN 137,429,330.0

                          ₮ 1.4e-7

                          2.90%

                          2020-04-06 12:41:25
                          LINA/ETH Ξ 0.00006000 LINA 1,671,446.1

                          Ξ -0.000041

                          -40.65%

                          2020-04-06 04:46:55
                          LINA/USDT ₮ 0.01000 LINA 115,593.3

                          ₮ 0.0

                          0.00%

                          2020-04-06 04:47:28
                          LOBS/BTC Ƀ 0.00000232 LOBS 7,525,380.0

                          Ƀ 0.0

                          0.00%

                          2020-04-06 03:13:31
                          LOOM/ETH Ξ 0.0001020 LOOM 97,000.7

                          Ξ 0.0

                          0.00%

                          2020-04-06 05:20:31
                          LTC/BTC Ƀ 0.006142 Ł 20,383.6

                          Ƀ 0.0000020

                          0.03%

                          2020-04-06 12:41:20
                          LTC/DAI DAI 40.89 Ł 13,500.3

                          DAI 0.24

                          0.59%

                          2020-04-06 12:41:09
                          LTC/USDT ₮ 42.13 Ł 3,414.79

                          ₮ 1.88

                          4.67%

                          2020-04-06 12:41:15
                          LTK/USDT ₮ 0.03450 LTK 2,075,584.7

                          ₮ -0.0012

                          -3.25%

                          2020-04-06 12:41:19
                          LTO/ETH Ξ 0.0002569 LTO 211,034.0

                          Ξ -0.0000071

                          -2.70%

                          2020-04-06 12:41:20
                          MAPR/BTC Ƀ 0.06500 MAPR 0

                          Ƀ 0.0

                          0.00%

                          2019-09-10 00:36:08
                          MAPR/ETH Ξ 0.2414 MAPR 0

                          Ξ 0.0

                          0.00%

                          2020-01-28 04:22:09
                          MATIC/USDT ₮ 0.009031 MATIC 214,076.0

                          ₮ -0.0000020

                          -0.02%

                          2020-04-06 12:41:19
                          METM/BTC Ƀ 0.00000068 METM 0

                          Ƀ 0.0

                          0.00%

                          2020-01-17 01:18:55
                          MEX/ETH Ξ 0.00000149 MEX 6,797,048.0

                          Ξ 5.0e-9

                          0.34%

                          2020-04-06 12:41:19
                          MKR/DAI DAI 438.50 MKR 0

                          DAI 0.0

                          0.00%

                          2019-09-18 03:07:39
                          MKR/ETH Ξ 2.08 MKR 137.33

                          Ξ -0.0018

                          -0.09%

                          2020-04-06 12:41:24
                          NAT/ETH Ξ 0.00000040 NAT 0

                          Ξ 0.0

                          0.00%

                          2020-03-31 14:32:05
                          NCC/ETH Ξ 0.00000458 NCC 4,107,239.7

                          Ξ -3.0e-8

                          -0.65%

                          2020-04-06 12:41:19
                          OKB/ETH Ξ 0.02694 OKB 13,605.1

                          Ξ 0.00025

                          0.93%

                          2020-04-06 12:41:15
                          OMG/ETH Ξ 0.003570 OMG 34,198.2

                          Ξ -0.00024

                          -6.30%

                          2020-04-06 12:41:24
                          OSC/ETH Ξ 0.0003530 OSC 44,105.4

                          Ξ 0.0

                          0.00%

                          2019-09-23 14:44:36
                          PFR/ETH Ξ 0.00000082 PFR 2,049,462.0

                          Ξ -2.0e-8

                          -2.38%

                          2020-04-06 12:41:19
                          PPP/ETH Ξ 0.00006000 PPP 0

                          Ξ 0.0

                          0.00%

                          2020-03-29 10:26:23
                          QNT/BTC Ƀ 0.0007940 QNT 309,850.0

                          Ƀ -0.000013

                          -1.61%

                          2020-04-06 12:41:20
                          QNT/ETH Ξ 0.03775 QNT 1,366,513.0

                          Ξ 0.00094

                          2.56%

                          2020-04-06 12:41:20
                          RSR/USDT ₮ 0.002584 RSR 4,117,226.0

                          ₮ 0.000059

                          2.34%

                          2020-04-06 12:41:19
                          RUFF/ETH Ξ 0.00003133 RUFF 691,987.0

                          Ξ -1.7e-7

                          -0.54%

                          2020-04-06 12:41:24
                          SHE/ETH Ξ 0.00000397 SHE 677,303,963.0

                          Ξ -4.0e-8

                          -1.00%

                          2020-04-06 12:41:20
                          SILKT/USDT ₮ 0.001050 SILKT 712,742.0

                          ₮ 0.0000040

                          0.38%

                          2020-03-09 18:41:29
                          SNT/USDT ₮ 0.01638 SNT 1,367,080.5

                          ₮ 0.00022

                          1.39%

                          2020-04-06 12:41:19
                          TNS/ETH Ξ 0.00003949 TNS 0

                          Ξ 0.0

                          0.00%

                          2019-09-19 10:50:42
                          TRP/USDT ₮ 0.001000 TRP 0

                          ₮ 0.0

                          0.00%

                          2020-03-05 03:49:00
                          TRX/ETH Ξ 0.00008727 TRX 13,661,428.0

                          Ξ -0.0000025

                          -2.78%

                          2020-04-06 12:41:25
                          TRX/USDT ₮ 0.01207 TRX 6,754,961.3

                          ₮ -0.000020

                          -0.17%

                          2020-04-06 12:41:20
                          UIP/USDT ₮ 0.006584 UIP 348,513.3

                          ₮ 0.000022

                          0.34%

                          2020-01-10 02:55:21
                          USDC/USDT ₮ 0.9930 USDC 6,886.51

                          ₮ 0.0070

                          0.71%

                          2020-04-06 12:41:20
                          UUU/USDT ₮ 0.0007030 UUU 6,794,964.0

                          ₮ -0.000015

                          -2.09%

                          2020-04-06 12:41:19
                          VOL/USDT ₮ 0.001738 VOL 344,956.0

                          ₮ -0.00034

                          -16.48%

                          2020-04-06 12:41:20
                          VOLLAR/BTC Ƀ 0.0001551 VOLLAR 0

                          Ƀ 0.0

                          0.00%

                          2019-09-09 09:51:48
                          VOLLAR/ETH Ξ 0.01072 VOLLAR 0

                          Ξ 0.0

                          0.00%

                          2019-09-09 09:52:15
                          WTC/ETH Ξ 0.004784 WTC 10,802.8

                          Ξ 0.000095

                          2.03%

                          2019-09-23 14:30:45
                          XBC/BTC Ƀ 0.0004699 XBC 4,004.60

                          Ƀ -9.0e-7

                          -0.19%

                          2020-04-06 12:41:19
                          XLM/BTC Ƀ 0.00000650 XLM 6,749,373.1

                          Ƀ 2.1e-7

                          3.34%

                          2020-04-06 12:41:25
                          XLM/USDC USDC 0.04280 XLM 135,770.3

                          USDC 0.0021

                          5.16%

                          2020-04-06 12:41:24
                          XLM/USDT ₮ 0.04760 XLM 2,054,889.3

                          ₮ 0.0064

                          15.53%

                          2020-04-06 12:41:25
                          XRC/BTC Ƀ 0.0005800 XRC 0

                          Ƀ 0.0

                          0.00%

                          2020-04-04 15:19:31
                          XRP/BTC Ƀ 0.00002610 XRP 3,424,806.4

                          Ƀ -3.1e-7

                          -1.17%

                          2020-04-06 12:41:25
                          XRP/DAI DAI 0.1801 XRP 135,774.9

                          DAI -0.00020

                          -0.11%

                          2020-04-06 12:41:25
                          XRP/USDC USDC 0.1817 XRP 136,737.0

                          USDC 0.0010

                          0.55%

                          2020-04-06 12:41:25
                          XRP/USDT ₮ 0.1805 XRP 2,019,839.8

                          ₮ 0.00080

                          0.45%

                          2020-04-06 12:41:25
                          YOU/ETH Ξ 0.0002310 YOU 137,598.8

                          Ξ -0.000014

                          -5.71%

                          2020-04-06 12:41:20
                          YTA/USDT ₮ 0.08363 YTA 65,477.8

                          ₮ 0.00036

                          0.44%

                          2019-09-23 14:44:56
                          ZLA/ETH Ξ 0.00002421 ZLA 349,794.0

                          Ξ 0.0

                          0.00%

                          2020-04-06 12:41:20

                          FatBTC Withdrawals

                          • Daily Withdrawal Limit

                            /

                            • FatBTC Withdrawal Fees

                              BTC: 0.0005 BTC, LTC: 0.001 LTC, full list of fees here.

                              • FatBTC Withdrawal Fees Discount

                                Use FAT to pay the fees will be 0.05%

                                • Proof of Reserves

                                  N/A

                                  FatBTC Exchange Rating Analysis

                                  Last edit 12.09.2019

                                  • FatBTC exchange is a cryptocurrency exchange platform that is based in China. FatBTC offers a below average amount of crypto tokens and currencies to be traded on their platform.There are however number of major concerns for this project. This includes a website that needs more time to be developed and mature, a complete lack of any transparency regarding the team members, a lack of an insurance policy in the case of a hack.

                                    FatBTC Exchange KYC and AML

                                    • FatBTC Exchange KYC and AML

                                      Passport, selfie with passport

                                      FatBTC Exchange Additional Information