BloFin Crypto Exchange Review 2025: Secure Trading, Fees, and Key Features

Eric Huffman

Verified by Tsvetomir Koychev

Last updated

May 8, 2025 03:03 EDT

19min read

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In this extensive BloFin review, we’ll explore this centralized crypto exchange’s products and services, supported digital assets, trading tools, and fee structure. You’ll also learn how to use BloFin for crypto deposits and trading.

Based on our research, BloFin stands out for its high-leverage perpetuals and futures trading services. The exchange is also known for its robust security measures, competitive trading fees, and advanced trading features that make it ideal for professional traders and investors.

To give you an accurate and unbiased review, we tested all of BloFin’s features and services first-hand, evaluating its services, security, reputation, and ease of use. Read on for our findings:

What is BloFin?

Founded in 2019, BloFin is an established crypto financial services platform that focuses on derivatives trading and digital asset security. Unlike some CEXs that store your crypto holdings in easily accessible hot wallets, BloFin will hold your funds in cold storage through its partnership with Fireblocks.

BloFin’s strong commitment to compliance allows it to offer its crypto trading and earning services in more than 150 countries. In addition to its collaboration with Fireblocks’ leading digital asset custodial solutions, BloFin has integrated with the Chanalysis blockchain data platform to identify risky transactions more efficiently.

Another aspect of the BloFin exchange is its strong emphasis on user education and accessibility, which aligns with its mission of building trustworthy crypto trading for everyone. The platform provides educational guides, demo trading tools, and 24/7 customer support service.

In 2022, BloFin raised $50 million in its series B round of financing, which it used to develop new crypto services along with a proprietary mobile app for trading on the go. At the time of writing, BloFin supports 555+ cryptocurrencies, 530+ futures trading pairs, and several advanced trading tools to help you maximize your potential returns.

What Cryptocurrencies Can You Trade on BloFin?

BloFin provides a wide range of over 530 tokens, from the best cryptocurrencies to buy right now, such as Bitcoin and Ethereum, to the lesser-known altcoins and stablecoins. You can buy and sell crypto assets through the exchange platform, usually with Tether (USDT).

Additionally, BloFin’s integrated fiat-to-crypto service allows you to purchase BTC, ETH, and USDT using 85 fiat currencies. BloFin is also partnered with Simplex and Alchemy, which enables you to buy crypto using Visa, Mastercard, Apple Pay, and Google Pay.

What’s more, the platform continuously updates both its crypto trading and fiat payment options, giving you easy access to the latest, most promising tokens. Like many centralized exchanges, BloFin keeps your digital assets in separate spot, futures, copy, or earn accounts.

Types of Crypto Trading on BloFin

Next, in our BloFin review, we’ll discuss its trading products and services. As mentioned before, BloFin supports spot, futures, copy trading, and staking. Here’s what we found out after testing all of BloFin’s services.

Perpetual Futures Trading

BloFin launched its crypto futures derivatives trading platform in early 2023, which features advanced AI-powered algorithms, comprehensive market data and analysis, and high-security features. The exchange features over 530 crypto perpetual trading pairs, the most popular of which include:

• BTC/USDT
• ETH/USDT
• SOL/USDT
• DOGE/USDT
• PEPE/USDT

According to CoinGecko, BloFin’s highest single-day futures trading volume peaked at almost $48 billion in August 2024. Thanks to the platform’s deep liquidity pools, you’ll be able to trade crypto perpetuals smoothly, even during highly volatile market conditions.

Furthermore, you’ll be able to open a position using up to 150x leverage, ranking BloFin as one of the best crypto leverage trading platforms with cross and isolated margin positions.

We also decided to participate in BloFin’s promotions and campaigns to become eligible for its futures bonus. We found out that this bonus can be used as a margin to open USDT-M positions or to offset futures trading fees, which makes BloFin suitable for active traders. Keep in mind that the futures bonus comes with a 7-day time limit.

Spot Trading

BloFin offers a variety of spot trading tools, from basic markers to advanced technical indicators, which will help you find high-potential opportunities in the market. The platform supports over 435 spot trading pairs, including ones from specific niches like memes, gameFi, AI, and Web3.

The trading fees start from 0.1000% for both makers and takers. However, these will decrease as your 30-day trading volume increases.

Copy Trading

BloFin’s copy trading service lets you copy the trading strategies and positions of experienced traders and generate passive income. You can also diversify your portfolio by investing in multiple copy traders to strike a balance between aggressive and conservative approaches. You’ll find a dedicated dashboard for copy trading showcasing the best traders to copy alongside their performances (ROI, profit and loss, winning trades, etc.).

If you’re a professional trader, you may benefit from BloFin’s Elite Traders Recruitment program. This enables you to earn 10% of the profits made by your copiers and up to 50% commission on trading fees from new invitees.

Demo Trading

Our BloFin review wouldn’t be complete without testing its demo trading account, which supports spot, futures, Webhook, and API trading. You can use a demo account to get familiar with the platform’s dashboard and practice your trading skills risk-free. To enter the demo trading mode, you need to click on the Futures tab and select Demo Trading.

After you activate your account, you’ll be able to use virtual funds. On that note, if you open a spot account, you’ll get virtual funds in the form of 1 BTC, 5 ETH, and 5,000 USDT. If you open a futures account, you’ll get 5,000 virtual USDT. Don’t worry if you spend all your virtual funds. You can restore them by tapping the Reset button (up to 5 times per day).

You’ll also be able to test BloFin’s Unified Trading Account, enabling you to trade both spot and futures pairs within a single account.

Order Types on BloFin

BloFin allows you to use multiple order types to help you find the ones that best suit your trading strategy and style. These include:

• Market orders: Market orders are executed immediately at the current market price.
• Limit orders: The order executes when the market reaches a specific price.
• Trigger orders: The order fills once the market reaches the set trigger price.
• TP/SL orders: These include take profit and stop loss orders. This means your position will be automatically closed once the market price reaches the predefined trigger price to take profit (TP) or stop loss (SL).
• Trailing stop orders: Your order will be automatically executed once the market price reaches a predefined percentage point (e.g., a 10% drop in price triggers a stop loss order).
• TWAP orders: Splits large orders into smaller ones executed at regular intervals.
• Reverse order: Allows you to close an existing position and simultaneously open a new position of equal size in the opposite direction.
• Advance limit orders: An advanced version of a limit order that incorporates multiple mechanisms, such as Post only, FOK (Fill Or Kill), IOC (Immediate Or Cancel), and GTC (Good-Till-Cancel).

Overall, we found that BloFin offers all the order types to facilitate smooth trading regardless of your level of expertise, trading strategy, or risk tolerance.

Trading Tools & Resources

Next, in our BloFin review, we’ll examine its trading tools and resources, designed to ease you into trading and investing on the platform:

TradingView Integration

BloFin uses the leading charting platform TradingView’s real-time trading interface, complete with over 100 built-in indicators for technical and fundamental crypto analysis. This will enable you to integrate popular trading tools in your charts on the BloFin platform.

You’ll gain access to the top trading indicators such as:

• Moving Averages (MA) and Exponential Moving Averages (EMA)
• Relative Strength Index (RSI)
• Moving Average Convergence Divergence (MACD)
• Volume Indicators
• Fibonacci Retracements

BloFin Academy

BloFin Academy is the platform’s educational resource center for both new and experienced crypto traders. The learning hub showcases the latest blockchain news, daily comprehensive market data, insights, and crypto project reports to keep you updated on the latest trends.

Moreover, BloFin Academy offers courses that will help you understand crypto trading fundamentals, such as perpetual contracts, tokenomics, blockchain technology, and more. Although we noticed the exchange’s learning resources are fairly limited compared to the likes of Binance or Bybit, there’s still enough content to give you a firm grasp of the basics.

Activity Center

BloFin’s Activity Center allows you to participate in various campaigns and events in return for rewards that come in the form of trading fee discounts and token giveaways. We’ve noticed that BloFin launches promotional activities almost every time it lists a new cryptocurrency on its platform. For example, when GOHOME got listed on its spot trading market, BloFin launched an event called “Trade GOHOME Spot And Share $5,000 GOHOME.”

You’ll also be able to earn rewards via its Rewards Hub by completing new user and daily tasks, such as depositing a certain amount, reaching a particular trading volume, competing with other traders, and more.

Crypto Trading Bots

If you’re an advanced crypto trader, you can take advantage of BloFin’s crypto trading bots to create new strategies. At the time of writing, the platform features two kinds of crypto trading bots, with more bots coming soon.

• Singal Bot: This is BloFin’s first crypto trading bot. It helps automate perpetual futures trades by connecting with TradingView alerts. You can code the program using webhooks to calibrate the bot’s parameters.
• TWAP: The Time-Weighted Average Price (TWAP) bot splits a large order into smaller trades, minimizing market impact and helping traders execute large orders in a controlled manner. It helps reduce risks during sudden price swings from high-volume trades.

BloFin Staking

Even though it’s not BloFin’s strongest aspect, we also assessed the exchange’s staking capabilities. BloFin’s Earn section enables you to earn passive income through staking. You can stake Tether (USDT), Ethereum, and Bitcoin. USDT staking comes with flexible and fixed terms of 30, 90, and 180 days, while ETH and BTC have flexible staking terms only. The minimum staking requirement is 10 USDT, 0.01 ETH, and 0.001 BTC. The APY will depend on the coin you stake:

• USDT APY: 1.40% (flexible), 1.61% (30 days), 2.25% (90 days), 2.56% (180 days)
• ETH APY: 1.32% (flexible)
• BTC APY: 0.02% (flexible)

Compared to other crypto exchanges, BloFin currently offers a limited number of staking assets. For example, KuCoin supports 40+ tokens, while Binance offers a whopping 300+ crypto-staking assets. However, if you prefer basic staking options, BloFin will definitely meet your needs.

BloFin Fees & Commissions

BloFin remains transparent regarding its futures trading and non-trading fees. Moreover, the platform offers increasing trading fee discounts that reward active, high-volume accounts. Let’s break down BloFin fees to better understand the overall cost structure.

Starting Trading Fees

BloFin charges fees in a tiered structure, starting at level VIP0 for users with less than 50,000 USDT on the platform.

• Spot Trading: 0.1% Maker, 0.1% Taker
• Futures Trading: 0.02% Maker, 0.06% Taker

To get to the next trading tier, VIP1, you must have at least 50,000 USDT of assets in your account, over 1 million USDT in 30-day spot trading volume, or over 10 million USDT in 30-day futures trading volume.

Deposit and Withdrawal Fees

BloFin doesn’t charge platform fees for crypto-to-crypto deposits. However, fiat deposits through Simplex incur fees depending on the token and transaction value. Withdrawal fees are based on the network fees, known as “gas fees,” given to validators for securing transactions.

• Fiat-to-crypto deposits via Simplex: 3.5% to 5% of the total crypto deposit value.
• Crypto withdrawals: These are typically fixed per token and network. For example, there’s a 1 USDT network fee for USDT withdrawals on TRC20.

Here’s a table summarizing all of BloFin’s fees, including the highest discount trading fees available:

For a more comprehensive list of the platform’s trading fee structure, check out the page for BloFin fees.

Is BloFin User-Friendly?

Another critical feature that can make or break a crypto exchange is user-friendliness and overall usability. In this section of our BloFin exchange review, we’ll examine how accessible the platform is for mobile and desktop users.

BloFin Mobile App Experience

The BloFin mobile app, available on both Google Play and the App Store, allows you to trade digital assets on the go. The app is designed for mobile convenience, offering features like real-time notifications, asset management, and trading tools.

With complete mobile compatibility, BloFin’s app features all the cryptocurrencies the exchange supports on desktop, and we found the interface sleek and responsive. Mobile app users also have access to the 24/7 live chat function for round-the-clock assistance.

Desktop Experience

The BloFin desktop interface provides the most optimal user experience, especially for those using multiple trading indicators, charts, and in-depth market trends. Built for larger displays, the desktop web trading platform features the best crypto tools and multiple chart layouts to help you identify live market trading opportunities.

Furthermore, the BloFin desktop trading platform is highly customizable, allowing you to create layouts suited to your investment and trading strategies.

BloFin Security

Many BloFin reviews praise its security features, and for a good reason. Security is one of BloFin’s core values, which ensures the safest practices are maintained at the individual trading and institutional levels. Let’s review the different safety and security measures BloFin employs to safeguard your crypto holdings.

Digital Asset Transparency and Custody

BloFin periodically publishes its proof of reserves, a 1:1 transparency measure of users’ funds. Based on DeFiLlama, BloFin’s total user assets are currently valued at around $120 million.

BloFin assures users that every asset is accounted for and that the platform has sufficient funds to cover all withdrawals by updating complete audits of its crypto holdings.

This reserve system is critical for user trust, as BloFin is a centralized exchange that keeps an internal ledger of all its assets. This means you’ll be able to verify that your assets aren’t being used for other purposes.

Most company assets are held in separate BloFin wallets, including cold storage provided by crypto custodial services like Fireblocks.

Know-Your-Transaction with AnChain.AI

AnChain.AI is another top crypto security platform that BloFin has partnered with. The integration uses AnChain.AI’s Know Your Transaction (KYT) solution to monitor transactions and help BloFin meet regulatory standards.

Here’s how BloFin’s integration with AnChain.AI enhances platform safety:

• Real-Time Transaction Monitoring: Allows BloFin to monitor transactions, detecting suspicious and high-risk activities continuously.
• Enhanced Regulatory Compliance: Through AnChain.AI analytics, BloFin can better adhere to important anti-money laundering (AML) regulations.
• Anomaly Detection: AnChain.AI’s AI-powered algorithms can help identify unusual patterns or behaviors that might indicate fraudulent or malicious activity.

Know Your Customer (KYC)

BloFin also has a KYC verification process to establish protection against money laundering, fraud, or the funneling of large sums of stolen crypto through its platform.

However, completing the KYC verification on BloFin is not mandatory. But you should do it if you want to increase your withdrawal limits and unlock additional features. BloFin employs two KYC types: Personal Information Verification and Address Proof Verification. The former will increase your daily withdrawal limit to 20,000 USDT, while the latter will boost the limit to 2,000,000 USDT.

ISO 27001 Certification

BloFin holds an ISO 27001 certification, which confirms that this exchange implements a robust and comprehensive information security management system across all operations. Having the ISO 27001 certificate comes with numerous advantages, such as enhanced protection of personal and financial information and stronger risk management.

Where is BloFin Available?

BloFin is available in 150 countries and regions, such as the United Kingdom, Spain, Germany, and France. However, due to regulatory issues, the platform isn’t available in:

• The USA
• Canada
• Mainland China
• Russia
• Singapore
• Venezuela
• and more

Click here to see the full list of BloFin’s restricted locations.

BloFin Customer Support

BloFin provides trading and platform assistance through two main channels: the support center and its 24/7 live chat service. The former features support articles through written guides, FAQs, and announcements for those looking for general information.

The platform’s round-the-clock live chat offers more specific, real-time support necessary for urgent matters. This service is available in English, Vietnamese, and Spanish for BloFin’s global audience. You can also take advantage of its chatbot, which will direct you to articles that might help you find the answers to your questions.

Overall, we are happy with BloFin’s quality of customer support. We reached out via live chat on three separate occasions, and in two of those, we got responses right away, and the representatives were helpful and knowledgeable. We were less lucky with the response time in the third attempt, as it took over two hours. However, we were still satisfied with the response.

How to Get Started with BloFin

Ready to start trading with BloFin? Check out the below portion of our BloFin review for a step-by-step guide you can easily follow:

Step 1: Create an Account.

Go to the BloFin website and click “Sign Up.” This opens the registration page, where users can create an account with an email or phone number. Alternatively, you can register with a Google account or an Apple ID.

Step 2: Complete Verification (Optional).

Identity verification is optional as BloFin allows up to 20,000 USDT daily deposits and withdrawals for non-KYC accounts. However, those looking to secure their assets and transact more cryptocurrencies can verify their accounts by clicking “Identification” from their account profile dropdown.

Step 3: Deposit Crypto.

BloFin supports both fiat-to-crypto and direct crypto deposits. For this example, we’ll use the latter. Go to “Assets” and click “Deposit.” Select a token and network to view the deposit details in a QR code and text address. Make the minimum deposit amount through your wallet or crypto transfer service.

Step 4: Start Trading.

Deposits will appear on your “Funding Account.” Transfer funds from this account to the Spot, Futures, Copy, or Earn account, depending on the crypto service you want to use.

BloFin Review Verdict: Is It a Good Option for Traders in 2025?

BloFin is a well-rounded platform, geared slightly more towards traders rather than investors. Its features include high leverage limits of up to 150x with support for over 539 futures trading pairs, advanced order types, technical indicators, and a constant flow of new cryptos.

However, the exchange has some room for growth regarding spot trading, with less frequent coin listings. In addition, its staking capabilities are far behind what other top exchanges offer, supporting only Bitcoin, Ethereum, and Tether.

Nevertheless, if you’re a frequent trader, and especially if you value privacy or enjoy high leverage, BloFin is an excellent option any way you slice it.

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Eric Huffman

Eric Huffman's background includes a decade plus in business management as well as personal finance industry experience in insurance and lending. A strong understanding of consumer finance combined with a consumer advocate stance brought Eric to the crypto industry, where he writes articles and guides aimed at making crypto easier to understand.

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