About Bitbase Exchange
Bitbase is a centralised digital-asset exchange founded in 2023 and headquartered in Panama City, with regional teams in Hong Kong, Singapore and Dubai. Its product line covers spot, perpetual and delivery contracts, earn products and copy trading, accessible via web, iOS, Android and API, with an in-house sharded matching engine that claims millisecond order processing.
On risk control and compliance, the platform uses hot/cold wallet segregation, MPC multi-signature, tiered approval and real-time interception of suspicious withdrawals, and takes index prices from multiple independent providers while publishing funding-rate calculations. Entity-wise, its Panamanian body holds a US FinCEN MSB registration and its Australian body an AUSTRAC DCE/VASP registration, each limited to the activities declared by that entity.The platform states that its team brings traditional-finance and global derivatives experience, and that core matching-engine modules are being released publicly in stages.
Bitbase Exchange announced on June 30, 2026 that it was suspending all operations in Spain while awaiting a final decision on the licence application it filed under the EU's MiCA regime. Before the suspension it ran more than 30 physical stores and 200 crypto ATMs in the country
Bitbase Exchange called the halt temporary and said it expected a favourable outcome and a resumption of service soon. MiCA took full effect on July 1, and Spain's CNMV said it would not extend transition periods for platforms still under review.
Álex Fernández — Founder & CEO; founded Bitbase in Barcelona in 2017, building a phygital crypto service network of physical stores and cryptocurrency ATMs.
Bitbase Exchange recently welcomed Nicholas Lo as Chief Business Officer in April 2026. He brings experience from J.P. Morgan, Bitget, Yuga Labs, WEEX, and BingX, and previously built fund, analytics, and payments businesses at Blockin. His mandate covers institutional, partner, and agent growth worldwide.
Bitbase spot trading fees are 0.1000% for both maker and taker, falling to 0.0100% maker at the top VIP tier.
Bitbase USDT-margined perpetual futures start at 0.0200% maker and 0.0600% taker, with a seven-level VIP ladder for further reductions.
Bitbase obtained registration as a Virtual Asset Service Provider (VASP) from the Bank of Spain (registration No. D597)， authorised for exchange between fiat and virtual currencies and custody of electronic wallets.