Wikilix
Licence record

BitMart: LB licence recorded for BitMart

Wikilix check
Ended
Issuing authority
Bank of Lithuania
Jurisdiction
Lithuania
Licence type
Financial Service
Last checked
Sep 17, 2026

This is Wikilix's record of a licence issued by Bank of Lithuania. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Oct 28, 2026

Licence Verification Record

Bank of Lithuania No number recorded

Wikilix read the LB register on Sep 17, 2026. This is what it said.

Holder
BitMart
Issuing authority
Bank of Lithuania
Jurisdiction
Lithuania
Licence type
Financial Service
Not found on register

Checked Sep 17, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/bitmart/licenses/bank-of-lithuania/licence-4315Fields on file 6 / 11

Open BitMartAll BitMart licencesAbout LB
Our check
Checked

What we checked

This licence is no longer in force, or the register did not carry it when we looked.

Wikilix check
Ended
Authority strength
Tier 2
Jurisdiction
Lithuania
Last checked
Sep 17, 2026

Exhibit

Register screenshot, captured Sep 17, 2026

Verification note

Searched the LB-Lithuania register under the broker's brand and every corporate name we hold, and it does not list this licence for any of them.

The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence type (Wikilix classification)
Financial Service
The authority

About LB

Bank of Lithuania is the authority that issued this licence, and the jurisdiction it applies in is Lithuania.

Full name
Bank of Lithuania
Jurisdiction
Lithuania
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1992
Oversight
A government or statutory body
Firms we track under it
161 firms
Regulates
Forex, Loan
Licences it issues
MiFID investment firm
Typical cost of a licence
Not specified
Public register
Searchable by the public
Transparency
Medium
Protection

What this licence protects

LB's own rules for the firms it authorises.

  • Compensation schemeDeposit insurance up to EUR 100,000 per depositor
  • Client money kept separate
  • Complaints routeBank of Lithuania complaints
  • Maximum leverage1:30
This licence is not in force, so these protections do not apply to it. They describe LB's regime for the firms it currently authorises.
The holder

Who holds this licence

The licence above is recorded against BitMart. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
BitMart
Based in
Canada
Wikilix score
53.5the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • GESTION CHOLAB INC.Canada · Reg. 1437429 · Dec 29, 2022
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences BitMart holds

3 other licences are on record for BitMart.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
Yes — BitMart does have specific KYC (Know Your Customer) and regulatory compliance requirements for clients, and these affect what users can do on the platform:
BitMart offers customer support primarily in English. Support is available via live chat during business hours and through email at support@bitmart.com. The broker also maintains social media presence on platforms like Facebook and Twitter for additional contact.
BitMart offers a maximum leverage of up to 100 times. However, leverage may vary depending on the firm and local regulations applicable to the trader's jurisdiction.
BitMart supports multiple deposit methods including bank transfers (ACH), credit/debit cards, cryptocurrency, P2P transfers, SEPA, SWIFT, and wire transfers. The minimum deposit amount for fiat currency is generally $5 USD across these methods. Withdrawal fees vary by cryptocurrency and are not specified for fiat withdrawals.
BitMart is regulated by several authorities including the Financial Crimes Enforcement Network (FinCEN) in the United States, the Securities and Futures Commission (SFC) in Hong Kong, the Cayman Islands Monetary Authority (CIMA), and the Bank of Lithuania. These regulators provide oversight and compliance requirements, but client fund insurance and investor protection vary by jurisdiction.
BitMart holds this LB licence. A licence on record means the authority published an entry; it is not an endorsement.
No. This licence is no longer in force, or the LB register did not carry it when we looked. It is kept on record because a closed registration is part of a firm’s history.
Wikilix rates LB tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
This page links straight to the LB register. Search it for the name BitMart rather than the trading brand — this entry has no number on record.
BitMart has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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