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Bitnomial

Crypto exchange · United States

About the company

Legal company nameBitnomial, LLC · Bitnomial Exchange, LLC · Bitnomial Clearinghouse, LLC · Bitnomial Clearing, LLC
Year founded2014
Headquarters / registered countryChicago, United States
Websitebitnomial.com
Last checked09.11.2026

According to its official website, Bitnomial is a Chicago-based derivatives exchange company founded in 2014 by Luke Hoersten, formerly of Allston Trading; under Bitnomial, LLC it operates a US CFTC-regulated exchange, clearinghouse and clearing brokerage. Per the site's history, Bitnomial Exchange, LLC was designated a contract market (DCM) by the CFTC in 2020 and launched margined, physically settled bitcoin futures in 2021; Bitnomial Clearing, LLC became an NFA member as a futures commission merchant (FCM) in 2022; and Bitnomial Clearinghouse, LLC was registered as a derivatives clearing organization (DCO) in 2023 and supported the first US perpetual futures contract in 2025. The company states that on 1 May 2026 it was acquired by Payward, the parent company of Kraken, and continues to operate within the Payward group with its existing licences and regulatory structure intact; group entities NinjaTrader Clearing, LLC and Payward Oceanic Ltd. are also exchange participants. On the Botanical trading platform it offers leveraged retail spot crypto, perpetuals, physically delivered futures and options on assets such as bitcoin, XRP, SOL, ETH and ADA, hashrate futures and event contracts in a single collateral pool; digital assets are accepted as margin and leverage of up to 6x applies to margin trades. Futures accounts are offered by Bitnomial Clearing, LLC, a CFTC-registered FCM and NFA member; the platform is open to US residents and, subject to eligibility, users worldwide. This information is the company's own statement.

Account Details

ACCOUNT TYPESRetail and institutional trading accounts (futures account through the FCM)
MIN. DEPOSITNot stated
PLATFORMSBotanical trading platform (web) · API
PRODUCTSLeveraged spot crypto · Perpetual futures · Physically delivered bitcoin and crypto futures · Options · Hashrate futures · Prediction markets (event contracts)
LEVERAGEUp to 6x (margin trades)

Licences and regulation

CFTC (United States)

Licence no.NFA ID 0528310
Licence holderBITNOMIAL CLEARING LLC
ScopeNFA BASIC: NFA member (approved); registrations: FCM. CFTC FCM list (30 Sep 2026): FCM; DSRO NFA; retail forex obligation none. The group's clearing FCM; the exchange (DCM) and clearinghouse (DCO) are separate CFTC registrations.
StatusVerified
USER REPORTS

User complaints

User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.

There are no classified user reports for this institution yet.

Sources and verification history

Official company sourcesbitnomial.com — homepage, About (history), Disclosures (group structure), Clearing disclosures, Futures, Spot and Perpetuals pages, Help, Payward acquisition announcement (1 May 2026)
Regulator recordsNFA BASIC — BITNOMIAL CLEARING LLC, NFA ID 0528310 (nfa.futures.org, 9 Nov 2026) · CFTC FCM financial data list (30 Sep 2026)
Company registerVerified source to be added
User feedback sourcesTrustpilot · Şikayetvar · WikiFX · FastBull
Last verified09.11.2026
SAME CATEGORY

Other licensed institutions in Crypto derivatives

No complaint records have been compiled for Bitnomial yet, so no comparison list is shown. Below are institutions operating in the same service area whose licences are verified.

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Frequently asked questions

Is Bitnomial trustworthy?

According to the data, Bitnomial has 1 verified licence (CFTC); there are no classified user reports yet. This page does not express an opinion; licence records come from official registers and reports from sourced records.

Which licences does Bitnomial hold?

Licences verified in official registers: CFTC (United States) – NFA ID 0528310.

Are there complaints about Bitnomial?

No classified user reports about Bitnomial yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.

How can I file a complaint about Bitnomial?

Use the "File a Complaint" button on this page to open the form; the institution is preselected. Describe the issue, the date and attach any supporting documents. The complaint is reviewed by our team, published if eligible and forwarded to the institution; with the tracking link you receive, you can follow the process and the institution’s reply.

How is the information about Bitnomial verified and when was it last checked?

Licence records are checked against official registers (last verification 09.11.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 09.11.2026.

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