BloFin Review
Expert reviewBloFin Exchange has emerged as a top-tier cryptocurrency platform in 2025, catering to both novice and professional traders with its focus on derivatives trading. Founded in September 2019 by Matt Hu, a blockchain influencer recognized by Cointelegraph, BloFin is registered in the Marshall Islands and operates globally while complying with regulations in permitted jurisdictions. The exchange specializes in perpetual futures with up to 150x leverage across over 500 USDT-M trading pairs, alongside spot trading for 400+ assets. Its intuitive interface, available on web and mobile apps, supports advanced features like copy trading, DCA bots, and signal bots, making it ideal for active users.
Security is a cornerstone, with partnerships like Fireblocks for custody, Chainalysis for compliance, and proof-of-reserves via Merkle Tree, ensuring asset protection against hacks. Trading fees are competitive at 0.02% maker and 0.06% taker for futures, with VIP tiers reducing costs further. BloFin restricts access in countries like the USA, China, and Russia to adhere to local laws, but offers seamless crypto deposits without fiat gateways in most regions.
In 2025, BloFin’s growth is evident from its 4.7/5 user rating on platforms like 99Bitcoins, praised for low latency and 24/7 multilingual support in English, Vietnamese, and Spanish. Whether you’re hedging positions or chasing high-reward trades, BloFin delivers a whale-making experience with educational resources and demo accounts for risk-free practice. As the crypto market matures, BloFin positions itself as a secure, efficient hub for futures enthusiasts, though it lacks extensive staking options compared to rivals.
BloFin products and services
Futures Trading
Perpetual and delivery contracts with up to 150x leverage on 500+ USDT-M pairs, including BTC, ETH, and altcoins.
Spot Trading
Buy/sell over 400 cryptocurrencies directly, with real-time market prices and low fees.
Copy Trading
Mirror top traders' strategies automatically, with leaderboard access for performance tracking.
DCA Bots
Dollar-cost averaging automation for long-term investments across supported tokens.
Trading Signal Bots
AI-driven signals for entry/exit points, customizable for futures and spot.
Convert Feature
Instant crypto-to-crypto swaps without fees, using quoted rates.
Affiliate Program
Earn up to 50% commission on invitees' trading fees via referral links.
Wealth Management
Basic savings and lending options for passive yields on select assets.
Buy Crypto
Fiat on-ramps via third-party gateways like Alchemy Pay for quick purchases.
What BloFin outstands for
High-Leverage Trading
Up to 150x on futures, ideal for experienced traders seeking amplified returns on volatile markets.
Robust Security
Fireblocks custody and Chainalysis monitoring protect funds, with proof-of-reserves for transparency.
Low Fees and VIP Perks
Maker/taker fees as low as 0.02%/0.06%, with tiered discounts for high-volume users.
Advanced Tools
Copy trading, DCA bots, and demo accounts enable strategic, automated trading without steep learning curves.
User-Friendly Interface
Seamless web/mobile experience with 24/7 multilingual support for global accessibility.
How to deposit funds on BloFin
- Log in to your BloFin account via web or app.
- Navigate to “Assets” > “Deposit” and select the cryptocurrency (e.g., USDT).
- Choose the network (e.g., TRC20 for low fees) and copy the unique deposit address or scan QR code.
- From your external wallet/exchange, send the minimum required amount (varies by token, typically $5-15 equivalent).
- Confirm the transaction on the blockchain; credits appear in 1-30 minutes. No fees from BloFin, but network gas applies.
How to withdraw funds from BloFin
- Go to “Assets” > “Withdraw” and select the cryptocurrency.
- Enter the recipient wallet address, amount (above minimum per crypto), and network.
- Complete 2FA and email/SMS verification; check 24-hour limits (20,000 USDT no KYC, up to 2,000,000 USDT verified).
- Submit and monitor status; processing takes 5-30 minutes. Withdrawal fees vary by token (e.g., 1 USDT for TRC20 USDT).
FAQ about BloFin exchange
Futures: 0.02% maker, 0.06% taker; spot: 0.1% both sides. VIP levels reduce fees based on volume.
Optional for basic use (20,000 USDT daily withdrawal limit); Levels 1-2 unlock higher limits up to 2M USDT.
Uses Fireblocks custody, Chainalysis monitoring, Merkle Tree proof-of-reserves, and insurance for asset protection.
Varies by token/network (e.g., $5-15 equivalent); no maximum limit.
1-30 minutes depending on network congestion; below minimum won’t credit.
Varies by crypto (e.g., 10 USDT); 24-hour limits apply based on KYC.
Over 500 USDT-M perpetuals (BTC, ETH, altcoins) and 400+ spot assets.
Up to 150x on futures; adjust in position settings for risk management.
Automatically replicate top traders’ positions; select from leaderboard and set parameters
Yes, practice futures trading with virtual funds via the demo mode.
24/7 live chat on site/app (English, Vietnamese, Spanish) or submit ticket via support center.
Limited; basic savings for select assets, but no high-yield DeFi staking.
iOS and Android apps for full trading, launched in May 2023; download from official stores.
Contact support with ID verification; remove via settings if Google Authenticator is accessible.
Allows long and short positions simultaneously on the same pair for balanced strategies.
Use Buy Crypto via Alchemy Pay; supports cards/wallets, settles in 1-5 minutes.
Pros and cons
Pros of the exchange
- Competitive low trading fees with VIP reductions.
- High leverage (up to 150x) on diverse futures pairs.
- Strong security via Fireblocks and insurance coverage.
- Intuitive platform with advanced features like copy trading.
- Generous referral rewards up to 200 USDT.
Cons of the exchange
- Limited fiat deposit/withdrawal options.
- Restricted in major markets like USA and China.
- No high-yield staking or DeFi integrations.
- Minimum withdrawal limits based on KYC levels.
- Relatively new compared to giants like Binance.
