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What is BloFin?

Welcome to BloFin! The fastest-growing crypto exchange offers premium perpetual and futures trading services with over 400 USDT-M trading pairs.

BloFin was born in 2019. Its beginnings weren’t exactly humble – the founder Matt Hu already had a respectable track record in the crypto and fintech scene, having worked in venture capital and portfolio management on behalf of some top-tier companies like Twitch and Unity. In 2020, he made it to the list of “Top 100 Influencers in Blockchain”.

BloFin positions itself as a tool for traders looking to step beyond the basics and explore more advanced trading options. Aside from direct buying and spot trading you can find in most exchanges today (such as Binance, Bybit), BloFin offers futures and copy trading. It also boasts a wide range of reward initiatives.

Verdict at a glance: BloFin is an advanced centralized crypto exchange whose highlight features include futures trading with over 300 perpetual swap contracts, copy trading, and demo trading.

BloFin’s fees are reasonably low, and the exchange offers plenty of ways to earn crypto. Unfortunately, it’s held back by geographical restrictions, and beginners might find it too much for their needs.

How to Sign up on BloFin?

If the country you currently reside in falls outside BloFin’s restricted countries list (scroll to the bottom), you can sign up right here and now, following this step-by-step guide.

Step 1: Visit the official BloFin website

• Click this link here: https://blofin.com/ to visit the official website. Click this link to get $5,000 welcome bonus.
• Click “Sign up” in the top right corner.

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Step 2: Fill in your email, create a password, and check the Terms of Service box.

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Using strong passwords protects your accounts and devices from unauthorized access. Strong passwords are longer, more complex, and use a combination of letters, numbers, and symbols.

Step 3: Complete the CAPTCHA verification.

Step 4: Check your email for a verification code and enter it here.

That’s it! You’re now officially registered. And ready to trade.

How to Complete KYC Verification: Advanced Level Trader.

If you want to bump up your 24-hour withdrawal limit to 1,000,000 USDT, we highly recommend completing the BloFin KYC verification.

It’ll only take a few extra minutes, and it’s best to do it right after signing up so that it doesn’t slip your mind. Here’s how to do it:

Step 1: Find your profile picture icon in the top right corner and click “Account & Security”.

Step 2: Go to the “Identification” tab on your account page.

Step 3: Navigate to the second item on the list, “Personal Information Verification”, and click “Verify”.

Step 4: Select one of the two options below.

Step 5: Select your country of residence and choose the type of document you want to use for identification. You’ll be asked to upload a scan of said document.

Step 6: Follow the remaining instructions and wait for your verification to come through.

Later, you can complete the Address Proof verification to increase your withdrawal limit even further.

Conclusions

Is BloFin crypto exchange worth it – or would you be better off looking elsewhere? Most BloFin reviews seem to rate this exchange favorably – but, of course, your mileage may vary.

To give credit where it’s due, BloFin has done an admirable job providing users with a number of advanced trading options like futures and copy trading that they’d probably have a hard time finding on most other platforms. Moreover, the platform boasts a plethora of rewards initiatives to help users rack up free crypto and incentivize them to trade more.

However, BloFin’s narrow cryptocurrency selection and lack of availability in certain countries, including Canada and the US, mean that this exchange won’t hold a universal appeal. Users turned off by the above-mentioned shortcomings might be better off with another exchange, such as Binance or Bybit.

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BloFin’s restricted countries list includes most countries under international economic sanctions, such as:

• USA;
• Canada;
• Singapore;
• Iraq;
• China;
• North Korea.

‍The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Thecreyptomarketcap.com does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

‍Affiliate Disclosure: This page contains affiliate links to Blofin, Bybit, Binance, and others exchange. If you click on these links and complete a sign-up or transaction, we may earn a commission at no additional cost to you.

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