BitMart
exchangeExchange that suffered a $196M hot wallet hack in December 2021.
Platform Information
Founded
Headquarters
Two-Factor Authentication
An extra login step that protects your account even if your password is stolen.
Custodial
The platform holds your crypto on your behalf — you don't control the private keys.
KYC Required
Know Your Customer — you must verify your identity before trading or withdrawing.
Proof of Reserves
The platform publicly proves it holds enough assets to cover all customer funds.
Insurance
Customer funds are covered by insurance in the event of a hack or platform failure.
About BitMart
BitMart is a global cryptocurrency exchange founded in 2018. In December 2021 it suffered one of the largest exchange hacks of that year — attackers drained approximately $196M from its Ethereum and BSC hot wallets. The exchange subsequently reimbursed affected users.
Security & Score
Platform Safety Score
Based on incident history, security features, and track record
No detailed security information available for BitMart.
Incident History
No incidents recorded for this platform.
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