BitMart
Coverage of BitMart in the Nexus archive.
- Only 10% of tokenized RWAs are actively used as DeFi collateral - new report breaks down why the other 90% is idle
A new report from BitMart, Dune, RedStone, and Optimism reveals that the tokenized RWA market grew nearly 5x to $24.6B by April 2026, but only 10% is actively used as DeFi collateral while 90% remains idle in wallets. The underutilization stems from infrastructure gaps rather than regulatory issues, with private credit achieving higher DeFi adoption (80%) than treasuries (2%) due to superior yield economics.
- the sell-withdraw-wait cycle is killing me so i finally gave up and did this
The author is frustrated with the process of converting cryptocurrency to fiat currency and has started using an exchange-linked card to simplify the process. The card allows for direct spending from a spot balance without manual top-up steps. However, it comes with trade-offs such as custodial risks and a 1.3% transaction fee.
- anyone use a second exchange just for smaller caps or altcoin listings
The author has been using Coinbase since 2023 but is considering adding a second exchange for smaller cap tokens and altcoin listings. They are looking into exchanges like BitMart, Bitget, or MEXC. The author is unsure of the best approach to manage two accounts.
- the sell-withdraw-wait cycle is killing me so i finally gave up and did this
The author expresses frustration with the cumbersome process of converting stablecoins like USDC and USDT to fiat for daily expenses, leading them to adopt BitMart's exchange-linked card for convenience. While the card simplifies spending by directly using stablecoin balances, it comes with trade-offs such as a 1.3% fee, custodial risks, and KYC requirements.
- BitMart x EAT Trade-to-Feed Competition to Pay Out $4.4M USDT to Traders in May 2026
BitMart is hosting a 30-day Trade-to-Feed competition to celebrate its 8th anniversary and the strategic listing of EAT, the first 'cause coin,' with a total prize pool of $4.4M USDT to be distributed in May 2026.
- first time crypto spending felt like normal spending: when the virtual card hit google pay
A Reddit user describes their first seamless experience spending cryptocurrency through a BitMart-linked virtual card on Google Pay, marking a shift from deliberate 'crypto events' to normalized spending. The process involved a quick setup, instant approval, and a frictionless checkout for a Spotify renewal, highlighting how mainstream adoption may occur through simplicity rather than major milestones.
- first time crypto spending felt like normal spending: when the virtual card hit google pay
A user described how adding a crypto-linked virtual card to Google Pay made spending cryptocurrency feel seamless and mainstream for the first time, eliminating the need for complex processes. The BitMart virtual card enabled a frictionless Spotify renewal, highlighting that crypto adoption will succeed when it stops feeling like a distinct 'crypto' activity.