FatBTC Crypto Exchange Review: Features, Pros & User Experience

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.