FatBTC Crypto Exchange Review: Features, Pros & User Experience

Item: FatBTC
Rating: 1.0
Author: John Isige

FatBTC is a centralized crypto trading platform established in 2014, offering exchange, trading, and secure storage for digital assets. Its audience is global, with active users from Russia, Asia, and beyond.

Key Features & Functionality

FatBTC supports over 50 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and other popular assets. The platform offers fiat trading pairs (USD, EUR), but the main fiat currency in use remains the Chinese Yuan (CNY). The FAT token is used to halve trading fees, adding extra value for frequent users.

Fees & Commission Structure

The standard trading fee is just 0.2%, below the market average. FAT token holders receive a 50% discount on trading fees. Crypto withdrawals are subject to network fees (e.g., BTC withdrawal: 0.0005 BTC), while deposits are free and unlimited.

Security Measures

FatBTC uses two-factor authentication (2FA), DDoS protection, and cold wallet storage for client funds. This multi-layered security approach aims to minimize risk and ensure user assets are protected at all times.

User Interface & Mobile Apps

The trading dashboard is intuitive but localization is incomplete — some sections remain untranslated. FatBTC offers mobile apps for both iOS and Android, making account management and on-the-go trading convenient for active users.

Registration & Verification

Account setup is quick via email or mobile phone. Identity verification is optional for basic use, but KYC is required to unlock higher withdrawal limits. Verification can take up to two weeks depending on support workload and documentation provided.

Deposits & Withdrawals

Users can fund and withdraw via crypto and, to a limited extent, fiat currencies. Most fiat support is focused on CNY, which may inconvenience non-Chinese users. Crypto transfers are straightforward and fast, while fiat options are limited.

User Reviews & Feedback

Trader opinions on FatBTC are mixed. Many appreciate the low fees and wide asset selection, but slow support response and occasional withdrawal delays are recurring complaints. The lack of full translation and slow KYC are pain points, especially for non-Chinese users.

Pros & Cons

Pros: Low fees, FAT token savings, 50+ coins, mobile apps.
Cons: Limited fiat, incomplete localization, slow support, lengthy verification.

FAQs

Which cryptocurrencies are supported? 50+ digital assets including BTC, ETH, LTC, and more.
What are the trading fees? 0.2% per trade, reduced by 50% if paying with FAT token.
How does FatBTC ensure security? 2FA, cold storage, DDoS protection.
Does FatBTC support fiat? Yes, but mainly CNY. USD/EUR support is limited.
How long does KYC take? Up to two weeks depending on demand and documents.

Conclusion

FatBTC is a functional exchange for users seeking low fees, wide asset choice, and mobile trading. However, limited fiat support, slow customer service, and incomplete localization make it less appealing for Western users. Overall, it’s a fair choice for active traders who value commissions and asset diversity over service speed or onboarding experience.

Written by:John Smith

Contributor

Fact-checked by:Sagar Dua

Cryptocurrency and stock expert

2 vote(s) registered by 1 voter(s). Last vote 5 weeks ago

10 Comments
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Brent Larson · 22 hours ago
I’ve been a long-time l fatbtc user since before the shutdown, and my funds were stuck for a long time. Recently, I migrated to their new platform at fatbtc.net , merged my old account, and I’m happy to say I successfully withdrew my money. I appreciate the effort they put into restoring access for previous users.
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ticklishbear228 · 6 days ago
As a long-term fatbtc. user, I was impressed by how smoothly my account was restored on fatbtc.net after verification. I successfully merged my old account, accessed my funds, and withdrew without issues. The process was clear, fast, and supported by responsive customer service
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Shyti · 21 days ago
I’ve come across many negative comments about fatbtc.net work, but after using the platform personally, I feel much of the criticism is misplaced. Instead of relying on rumors, I took the time to understand how the system operates, and my overall experience has been largely positive.
I’ve been a long-time user and was unfortunately impacted by their previous security incident. However, fatbtc honored its commitment by refunding my funds, which I genuinely appreciate. Despite the challenges the platform has faced, I believe the company deserves credit for taking responsibility and making things right.
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Kelya · 25 days ago
Most crypto sites run when there’s trouble. Fatbtc didn’t. They came back with fatbtc.net and offered a way for users to recover their assets. I got my balance back, no tricks, no lies. That’s rare in this space.
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Anna · 26 days ago
When I first started using fatbtc everything went smoothly, the support team was responsive and I had no problem making deposits, at one point I had over £800,000 on the platform, then one morning I received an email telling me that I could no longer access my account and withdrawals were blocked, it was a terrible experience and I felt completely lost at that moment, for a long time I believed my funds were gone until I read on Trustpilot about another user who said she lost more than £400,000 but later explained that the new fatbtc website finally paid her back in full, this gave me hope and when the new fatbtc Exchange launched I followed the steps, completed my KYC in less than ten minutes and had my account verified, I was able to log back in and all my problems were solved, I successfully withdrew my funds and I am very happy with the outcome because after such a difficult journey I finally recovered my money and the new platform handled everything quickly and effectively.
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Lia · 27 days ago
first experience with the fatbtc
My first experience with the fatbtc Exchange has been very positive After completing the merge and verifying my KYC,my account was successfully verified on the new fatbtc platform.l was able to make a quick withdrawal without any issues, and I received all my money back.I had lost access to my funds for over two years,but thanks to this new platform,l finally recovered them.The process was smooth,reliable,and truly reassuring It's impressive that (fatbtc.net) is paying back their users and keeping their promise. This has given me confidence in the platform again,and I really appreciate the effort they are making to
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Prescott · 29 days ago
I recently had a positive experience with the fatbtc exchange support team. After some time of uncertainty, I noticed that withdrawals are now working properly, and I was able to successfully withdraw my funds without any issues.

The support team was responsive and provided clear guidance throughout the process, which really helped restore my confidence in the platform. Everything was handled professionally, and the withdrawal went through as expected.

I appreciate the improvements that have been made and the effort from the support team to assist users. Based on my recent experience, things are moving in the right direction. Thanks to the fatbtc.net support team for the help
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Orgest Kodra · 1 months ago
I’m thankful for the professionalism shown by fatbtc.net during my account recovery. They provided clear instructions, verified my old account, and completed the merge without complications. Withdrawal was smooth and timely.
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Capucine · 1 months ago
My experience with fatbtc exchange has had its ups and downs. The first issue I encountered was discovering that my account had been frozen, which was quite frustrating. A friend of mine mentioned that he had to activate his account before he could withdraw his funds, so he ended up helping me get my money out after all this time.

While I appreciate that fatbtc.net Exchange is now offering refunds, I still feel uncertain about the overall trustworthiness of the platform. I am continuing to investigate to ensure the security of my funds. Thankfully, I managed to withdraw my money, but I remain cautious moving forward
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Léane · 1 months ago
I initially contacted the wrong company after the exchange shutdown, but once I found (fatbtc.net) everything changed. They confirmed ownership, assisted with account merging, and ensured I regained access to my funds. Excellent service and transparency
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