How to use the BitMart referral code "cyFge7"

chainhelm’s exclusive BitMart referral code is cyFge7 ⧉ .

As of 2026-07-16, we signed up as a new user and confirmed that the referral code was applied.

Enter the code at sign-up to receive a new-user bonus of up to 14,000 USD equivalent. The referral code can only be entered at sign-up — it cannot be added afterwards, so we recommend applying it during registration.

This article covers the sign-up process with the BitMart referral code, BitMart’s distinguishing features, availability in your country, and the risks to acknowledge — with the sign-up flow and code application verified first-hand by chainhelm’s editorial team.

Is the BitMart referral code “cyFge7” still active?

The chainhelm editorial team created a fresh BitMart account on 2026-07-16 and confirmed that the referral code “cyFge7” is still active.

Here is the actual screen captured during verification.

Empty sign-up form

2026-07-16

The screen shows “Welcome to BitMart”, confirming that the referral code cyFge7 was correctly applied.

chainhelm continuously verifies the validity of the code and confirms it remains usable.

What the BitMart referral code “cyFge7” gets you

Apply this code at sign-up to receive the following benefits on BitMart:

• Benefit: a new-user bonus of up to 14,000 USD equivalent
• Expiration: None
• Eligibility: New users

The referral code is only applied during account creation. If you forget to enter it, you won’t receive the benefits — please make sure to apply it at sign-up.

BitMart sign-up steps with the referral code

We cover the sign-up process separately for PC/browser and smartphone (mobile).

PC/browser sign-up steps

1. First, open the BitMart official sign-up page (the link applies the referral code). When you open it, you’ll see a screen like the one below.

2. Enter your email and password

   Empty sign-up form

   2026-07-16

   

   On the “Welcome to BitMart” screen, keep the “Email” tab selected and type your address into the empty “Email” field.

   Enter a password in the “Password” field just below it.

   Check the “Add Referral ID” field: it already shows the chainhelm invite code cyFge7, filled in automatically because you opened the invite link, so the referral stays attached without you typing anything.

   Tick the box confirming you are 18 and that you agree to the “User Agreement” and “Privacy Policy”. You can also continue with Google, Apple, or Telegram instead if you prefer.

3. Submit your details

   Completed sign-up form

   2026-07-16

   

   With your email and password entered and the age-and-agreement box ticked, look over the form once more.

   The “Password” field now shows a strength meter as you type; make sure it registers a strong enough password before you go on.

   Click “Sign Up”. A “GEETEST” puzzle opens next so BitMart can confirm you are a real person.

4. Solve the verification puzzle

   GEETEST image puzzle

   2026-07-16

   

   A “GEETEST” puzzle opens. At the top it shows the instruction “Select 1 images with”, followed by a small reference icon.

   Compare the four picture tiles with that reference icon and click the one that matches it.

   Once your choice is accepted, the puzzle closes and the email verification screen opens.

5. Enter the email verification code

   Email verification screen

   2026-07-16

   

   The “Email Verification” screen asks for the code sent to your address, shown here masked as vei****@icloud.com.

   Open your email inbox and find the message from BitMart that carries the code (the next step shows this email).

   Type the six digits into the boxes and click “Submit”. If the code has not arrived yet, wait for the “Resend” timer to finish counting down and request a new one.

6. Copy the code from your inbox

   Verification code email

   2026-07-16

   

   In your inbox, open the email titled “[BitMart] Register Verification Code” from BitMart.

   The message shows your “Verification Code” as a six-digit number that expires five minutes after it is sent.

   Copy the code, return to the verification screen, enter it, and submit. This completes sign-up and opens BitMart’s identity verification checklist.

Smartphone (iOS / Android) sign-up steps

1. First, open the BitMart official sign-up page in the mobile app or browser (the link applies the referral code). When you open it, you’ll see a screen like the one below.

2. Enter your email and password

   Empty sign-up form

   2026-07-16

   

   On the “Welcome to BitMart” screen, keep the “Email” tab selected and type your address into the empty “Email” field.

   Enter a password in the “Password” field just below it.

   Check the “Add Referral ID” field: it already shows the chainhelm invite code cyFge7, filled in automatically because you opened the invite link, so the referral stays attached without you typing anything.

   Tick the box confirming you are 18 and that you agree to the “User Agreement” and “Privacy Policy”. You can also continue with Google, Apple, or Telegram instead if you prefer.

3. Submit your details

   Completed sign-up form

   2026-07-16

   

   With your email and password entered and the age-and-agreement box ticked, look over the form once more.

   The “Password” field now shows a strength meter as you type; make sure it registers a strong enough password before you go on.

   Click “Sign Up”. A “GEETEST” puzzle opens next so BitMart can confirm you are a real person.

4. Solve the verification puzzle

   GEETEST image puzzle

   2026-07-16

   

   A “GEETEST” puzzle opens. At the top it shows the instruction “Select 1 images with”, followed by a small reference icon.

   Compare the four picture tiles with that reference icon and click the one that matches it.

   Once your choice is accepted, the puzzle closes and the email verification screen opens.

5. Enter the email verification code

   Email verification screen

   2026-07-16

   

   The “Email Verification” screen asks for the code sent to your address, shown here masked as vei****@icloud.com.

   Open your email inbox and find the message from BitMart that carries the code (the next step shows this email).

   Type the six digits into the boxes and click “Submit”. If the code has not arrived yet, wait for the “Resend” timer to finish counting down and request a new one.

6. Copy the code from your inbox

   Verification code email

   2026-07-16

   

   In your inbox, open the email titled “[BitMart] Register Verification Code” from BitMart.

   The message shows your “Verification Code” as a six-digit number that expires five minutes after it is sent.

   Copy the code, return to the verification screen, enter it, and submit. This completes sign-up and opens BitMart’s identity verification checklist.

What to do after signing up at BitMart

We cover identity verification separately for PC/browser and smartphone (mobile).

PC/browser identity verification

After sign-up, BitMart shows an “Identity verification” checklist. The first item, “Create an account”, is already marked “Completed”.

The second item, “Complete identity verification”, is still pending — this is the identity check that unlocks deposits and trading. The third item, “Add funds over 100 USDT”, stays pending for now.

Click “Verification Now” to start the identity check. The “Level 1” verification window opens.

Onboarding checklist

2026-07-16

The “Identity Verification” window opens at “Level 1”, which asks only for your country of residence.

Open the “Country” dropdown and select your country; the screenshot shows Thailand chosen as an example.

Click “Confirm” to submit. Level 1 needs no documents at this stage, so it completes as soon as your country is confirmed.

Level 1 country selection

2026-07-16

A confirmation window shows “Level 1 - Completed” with a green checkmark and lists what it unlocks: “Deposit”, “Buy Crypto”, and “Sell Crypto” each read “No Limit”, while “Withdraw” is capped at “20000 USDT Daily”.

A note points out that completing “Advanced Verification” opens the full features of BitMart later.

Click “Deposit Now” when you are ready to add funds.

Level 1 completed

2026-07-16

Smartphone (iOS / Android) identity verification

After sign-up, BitMart shows an “Identity verification” checklist. The first item, “Create an account”, is already marked “Completed”.

The second item, “Complete identity verification”, is still pending — this is the identity check that unlocks deposits and trading. The third item, “Add funds over 100 USDT”, stays pending for now.

Click “Verification Now” to start the identity check. The “Level 1” verification window opens.

Onboarding checklist

2026-07-16

The “Identity Verification” window opens at “Level 1”, which asks only for your country of residence.

Open the “Country” dropdown and select your country; the screenshot shows Thailand chosen as an example.

Click “Confirm” to submit. Level 1 needs no documents at this stage, so it completes as soon as your country is confirmed.

Level 1 country selection

2026-07-16

A confirmation window shows “Level 1 - Completed” with a green checkmark and lists what it unlocks: “Deposit”, “Buy Crypto”, and “Sell Crypto” each read “No Limit”, while “Withdraw” is capped at “20000 USDT Daily”.

A note points out that completing “Advanced Verification” opens the full features of BitMart later.

Click “Deposit Now” when you are ready to add funds.

Level 1 completed

2026-07-16

With sign-up complete and the lightweight, country-only Level 1 check done, your BitMart account can deposit and trade without a limit and withdraw up to 20000 USDT a day, and Advanced Verification lifts those limits further when you need the full feature set.

The BitMart referral code cannot be added after sign-up

The referral code can only be entered at sign-up — it cannot be added afterwards.

If you complete account registration without entering the referral code, it cannot be linked to that account afterwards — so double-check the field before you finish sign-up.

If you have not yet completed KYC (identity verification), creating a fresh account is still an option.

• Is cyFge7 displayed in the referral code field?
• Re-check the referral code field before completing account creation

◆ ◇ ◆

What is BitMart

Who BitMart is: founding, scale, and product range

BitMart launched publicly in March 2018, built on a company Sheldon Xia founded in 2017, and today it reads less as a single-country exchange than as a multi-entity global operator. That structure is worth stating plainly rather than treating it as a warning sign: the group is registered in the Cayman Islands as its governing law, contracts with users through GBM Global Inc. in the Marshall Islands, runs its operating company Bachi.Tech Corp out of New Jersey, and serves EU customers through UAB GBM Global in Lithuania. Leadership turned over recently, with Nenter (Nathan) Chow taking over as global CEO in April 2025 and founder Sheldon Xia moving to Group President.

Those ranks tell the real story of where BitMart sits. Its reported spot turnover runs somewhere between 1.5 and 1.9 billion USD over 24 hours depending on the source, with CoinPaprika flagging a wash-trading concern, while derivatives volume reaches into the tens of billions and swung a volatile +411% on our snapshot day. Read together, this is a mid-tier spot venue attached to a top-ten derivatives book — a profile that shapes who the exchange actually suits.

The product surface is wide. Beyond spot trading (1,700+ advertised assets, of which 1,072 are tracked by CoinGecko), BitMart runs USDT- and coin-margined perpetual futures with leverage up to 200x on BTC and ETH, margin, an Earn suite, copy trading, a Web3 wallet, and NFTs, alongside a BitMart Visa card. In the first half of 2026 it added a tokenized-TradFi zone of 200+ USDT-settled assets, folding traditional markets into the same account.

Trading costs and the BMX native-token discount

Headline tiers as of 2026-07-16; BitMart publishes a fuller schedule that shifts over time. Separately, BitMart’s own BMX token works as a fee-utility token: paying trading fees in BMX cuts the spot fee by 25%. That reduction is a native-token mechanism tied to holding and spending BMX — a different lever from the exchange’s published fee schedule.

What makes BitMart distinct

Listing breadth, tokenized TradFi, and high-leverage derivatives

What sets BitMart apart is less any single feature than a particular combination that few peers assemble in one account. It leans hard on early listings: an altcoin and small-cap catalog fed by a Launchpad that has hosted 379 projects, which makes it a place where long-tail tokens tend to appear early. On top of that, it merges crypto with a tokenized slice of traditional finance — stocks, gold, the S&P 500, oil, forex and indices — inside one USDT-settled interface, adds perpetual futures with leverage up to 200x on BTC and ETH, runs the BMX exchange-token fee model, and issues a BitMart Visa card usable across 115+ countries with spending rewards of up to 5.5%.

A mid-tier spot venue but a top-ten derivatives venue — BitMart fits traders who weight listing breadth and leverage over top-tier spot depth.CoinGecko spot rank #45, Trust Score 7/10; CoinMarketCap derivatives #10

When another venue is the better call

Breadth is not the whole picture, and there are readers a peer serves better. Anyone who puts security and transparency first may reasonably prefer an exchange with an audited comprehensive Proof of Reserves, because BitMart has none and carries a major 2021 hack in its history. And residents of New York State cannot use the global platform at all, which settles the question before features enter into it.

BitMart regulatory landscape

License footprint: US money-transmitter stack and the EU MiCA path

BitMart’s regulatory footprint is best read as a set of named-jurisdiction footholds rather than a blanket global permission. In the United States it holds a FinCEN MSB registration dating to 2018-04-30, layered with state Money Transmitter Licenses, and reached full 50-state BitMart US operations in February 2026. In the European Union it operates as a registered VASP through UAB GBM Global in Lithuania and is transitioning toward MiCA CASP authorization.

Read together, these are footholds expanding into regulated markets, not evidence that the global platform is authorized everywhere it can be reached.

The regions BitMart walls off — and where SG/AU sit

CubaCrimeaFranceHong KongIranNorth Korea (DPRK)the NetherlandsNew York StateDNRLNR

These exclusions are set out in BitMart’s global User Agreement §1.5, last updated 2024-12-30, with New York State additionally singled out as the one partial, restricted jurisdiction. As of 2026-07-16 there are no confirmed, dated market-exit events beyond this standing list. Worth noting for this guide: neither Singapore nor Australia appears anywhere on it, so the global platform stays reachable for readers in both — which is why neither gets a dedicated country breakdown in the next chapter.

Regulatory trajectory and the separate BitMart US entity

The direction of travel runs two ways at once. BitMart is pushing into regulated markets — full 50-state US operations, the EU MiCA transition, and Travel Rule work in South Korea — while keeping a broad restricted-country list firmly in place.

One structural point sets up the country-by-country read that follows: US users are served not by the global platform but by BitMart US at bitmart.us, a distinct entity with its own onboarding and KYC.

BitMart availability across major jurisdictions

Where BitMart stands depends heavily on where you sit. Of the five markets this guide addresses, three need a closer look — the United States, the United Kingdom and India — because in each the global platform is either off-limits, closed to new sign-ups, or an unregistered offshore option. Singapore and Australia are the straightforward cases: neither appears on BitMart’s exclusion list, so the global platform remains reachable there.

United States: sign up on bitmart.us, not the global exchange

The global BitMart platform is not built for US readers: its User Agreement lists the State of New York among excluded regions, and it does not offer futures or derivatives to US persons. The route that exists is a separate BitMart entity rather than a competitor — BitMart US, at bitmart.us, which runs its own onboarding and KYC, covers all 50 states and US territories (since around February 2026) with zero-fee spot trading, and delivers that all-state regulated capability through its infrastructure partner Zero Hash, a stack that is FinCEN MSB-registered, NY DFS-authorized and NC trust-chartered.

One honest limitation belongs here: whether BitMart US runs its own referral program is unconfirmed, so the code cyFge7 cannot be assumed to apply there. US readers should sign up on bitmart.us and confirm any code or offer officially, rather than on the global exchange.

United Kingdom: closed to new retail sign-ups, FCA-registered routes instead

BitMart itself stopped accepting new UK retail registrations on 2023-10-08 (per its own announcement, FPO 2005 exemptions aside), so a new UK reader cannot open a global BitMart account in the ordinary way. It also sits on the FCA Warning List, added 2024-09-06, with no FCA registration, and crypto-derivatives are banned for UK retail across the industry under PS20/10. The practical route is an FCA-registered alternative.

Coinbase

On the FCA cryptoasset register since February 2025 (CB Payments Ltd, FRN 900635), with a direct GBP Faster Payments on-ramp and GBP trading pairs.

Kraken

An FCA-registered cryptoasset firm (Payward Limited, FRN 928768) paired with an FCA-authorized e-money institution (Payward Services Limited, FRN 1010381) for GBP rails, plus a long UK history.

Crypto.com

An FCA-registered cryptoasset firm since August 2022 (Foris DAX UK Limited) with an FCA e-money authorization, offered through its app and Exchange.

All three offer no retail crypto-derivatives in the UK under the PS20/10 ban, and all are locally regulated GBP routes — set against BitMart’s unauthorized, Warning-Listed UK posture.

India: an unregistered offshore option under tightening enforcement

BitMart is not registered with FIU-IND, unlike compliant peers such as KuCoin, Binance, Coinbase and Bybit. It was absent from both waves of offshore-exchange enforcement and stays technically reachable — but a new Indian user would be signing up with an unregistered offshore platform under an enforcement regime that keeps tightening. The safer, domestically regulated route is an FIU-IND-registered exchange.

CoinDCX

FIU-IND-registered (Neblio Technologies), with INR rails via IMPS, NEFT and UPI and automatic 1% TDS deducted at source.

CoinSwitch

FIU-IND-registered (Bitcipher Labs), with UPI, IMPS and NEFT INR rails and automatic 1% TDS.

ZebPay

Dual FIU-IND and AUSTRAC registration, with INR rails and one of India’s longest domestic track records.

Binance

FIU-IND-registered on 2024-08-15 — the closest legal global-brand analogue — with INR access through P2P, a BNB-based fee reduction, and automatic 1% TDS.

The registered domestic options deduct the 1% TDS (Section 194S) at source and carry PMLA and AML compliance, whereas an unregistered offshore exchange leaves tax self-reporting to the user.

Risks to acknowledge before using BitMart

Every risk below is anchored to BitMart’s own record rather than to generic crypto cautions, because the track record is what tells you how the exchange behaves under stress.

Counterparty health: the 2021 hack and unaudited reserves

In December 2021 a stolen or compromised private key drained BitMart’s hot wallets on Ethereum and BNB Chain. Security firms put the loss at around 196 million USD; BitMart cited around 150 million. The company pledged to reimburse affected users from its own funds.

Proof of Reserves

No audited comprehensive Merkle-tree Proof of Reserves; described as in progress.

Security grade

CER.live grade A (80/100); funds insurance flagged Yes, with no amount disclosed.

Certifications

No ISO 27001 and no CCSS.

For anyone who weights independently verifiable custody, the missing audited reserve proof is the material gap, not the exchange’s size.

Fund access: the 2021 freeze and reimbursement delays

Some users reported reimbursement delays of around five weeks. Whether you can get funds out during a crisis is a separate question from whether reserves exist on paper — and on this record, access was interrupted before it was restored.

Regulatory exposure: the FTC probe and a narrowing access map

The 2021 breach also drew the US FTC’s first-ever cryptocurrency investigation, opened in 2022 into operator Bachi.Tech; BitMart’s bid to quash the Civil Investigative Demand was denied, and the case was reported dismissed in 2023.