Bitget is a cryptocurrency alternate based in 2018 and based mostly in Seychelles. It options numerous cryptocurrency buying and selling options, together with spot buying and selling, copy buying and selling, and futures buying and selling.
Bitget works with many standard digital currencies and advertises a extremely safe platform backed by reserves masking greater than 100% of buyer deposits.
Right here’s a better take a look at Bitget’s options and pricing that can assist you determine if it is sensible in your crypto buying and selling and investing wants.
Word: As of this writing, Bitget is unavailable to customers in Singapore, North Korea, Iran, Syria, Afghanistan, Cuba, and america.
- Spot buying and selling, futures buying and selling, and duplicate buying and selling supported
- clear proof of reserves
- Claims to be the biggest copy buying and selling alternate worldwide
International Crypto Alternate, Spot, Futures, and Copy Buying and selling Supported
Spot buying and selling of 100+ currencies
Normal 0.1% price for makers and takers
Who Is Bitget?
Bitget is a cryptocurrency and cryptocurrency derivatives alternate based in 2018. It operates worldwide, although it doesn’t help a number of international locations together with america.
Bitget provides quite a lot of crypto buying and selling merchandise, together with spot buying and selling and futures contracts. It additionally provides quite a lot of options and providers, corresponding to a user-friendly interface, quite a lot of order varieties, margin buying and selling, and automatic trades.
It claims to be the largest copy-trading alternate on the earth, with this technique obtainable for each spot and futures trades. It has over 8 million registered customers and facilitates $10 billion in day by day buying and selling quantity.
What Does Bitget Supply?
Bitget’s principal merchandise revolve round various kinds of cryptocurrency buying and selling.
The spot buying and selling platform at Bitget is intuitive for anybody with lively buying and selling expertise.
- Purchase cryptocurrency: Purchase USDT, Bitcoin, and different cryptocurrencies with a bank card or cell fee platform. You should purchase crypto from different platform customers with out added charges. You possibly can choose a number of third events to facilitate purchases or deposit from a linked account denominated in euros, British kilos, or Brazilian reals utilizing PIX.
- Spot buying and selling: Spot buying and selling, or instantaneous trades at present market charges, are supported with affordable charges in comparison with different platforms. Bitget works with greater than 100 completely different cryptocurrencies on its spot buying and selling platform.
- Futures buying and selling: Futures buying and selling is a kind of economic spinoff that enables buyers to purchase or promote an asset at a predetermined worth on a specified date sooner or later. Bitget helps futures buying and selling with many currencies with superior instruments to tell or automate your buying and selling technique.
- Copy Buying and selling: With copy buying and selling, you may mimic the trades of different platform customers. In the event you choose the suitable dealer to comply with, you possibly can end up incomes income with little or no work. Nevertheless, there are at all times dangers concerned with crypto buying and selling. You need to use copy buying and selling in spot and futures markets or comply with a selected technique. Star merchants earn a revenue share when others copy their trades and methods.
Bitget additionally operates with its personal token, the Bitget Token (BGB). You will get reductions on charges when utilizing BGB for trades. As of this writing, the market cap of BGB is $667 million, making it the 221st largest cryptocurrency in accordance with CoinMarketCap.
Are There Any Charges?
Bitget costs charges corresponding to many different massive cryptocurrency platforms. It makes use of a maker/taker mannequin and deducts charges from customers’ trades.
- Deposit charges: Deposits are fee-free from Bitget, although some third-party fee processors might cost their very own charges on Bitget deposits.
- Withdrawal charges: Withdrawal charges range by foreign money. Examine charges earlier than withdrawing. They will add as much as a big quantity on sure transfers.
- Spot buying and selling charges: Spot trades are topic to a typical 0.1% price for makers and takers. It can save you 20% on these charges when paying with BFB.
- Futures buying and selling charges: Futures charges additionally use a maker/taker mannequin and range by foreign money. Most trades value 0.02% for makers and 0.06% for takers.
Devoted customers known as VIP customers can qualify for decrease charges and extra buying and selling merchandise.
How Does Bitget Evaluate?
Bitget is a comparatively new cryptocurrency alternate, nevertheless it has shortly turn into one of many largest on the earth. It provides many options and providers, together with spot buying and selling, derivatives buying and selling, and margin buying and selling. Bitget additionally has a powerful concentrate on safety and compliance.
Bitget’s largest opponents are Binance, Coinbase, and Bybit. These exchanges are all well-established and provide the same vary of options and providers. Nevertheless, there are some key variations between Bitget and its opponents.
One of many largest variations is Bitget’s concentrate on derivatives buying and selling. Bitget provides a wider vary of spinoff merchandise than opponents. This makes it a good selection for merchants who wish to commerce futures, choices, and perpetual contracts.
One other distinction is Bitget’s charges. Bitget’s charges are decrease than these of most different exchanges. This makes it a good selection for merchants wanting to save cash on charges.
How Do I Open An Account?
- Go to the Bitget web site and click on on “Signal Up.” You possibly can join with an e-mail deal with or cell phone quantity. Bitget has cell apps for Android and iOS. You possibly can obtain and signup utilizing the cell app as properly.
- Enter your contact particulars, select a safe password, and add a referral code you probably have one. Bitget provides promotions that would increase your account worth when signing up.
- Comply with the hyperlink to determine your new account. You’ll obtain an e-mail from Bitget with a verification code. Enter the verification code and click on “Confirm” to finalize your account.
Bitget requires sure ‘know your buyer’ (KYC) info to entry all account options and lift your account limits.
- Earlier than finishing KYC: Every day withdrawal restrict of $50,000 and month-to-month withdrawal restrict of $100,000.
- After Finishing KYC: Every day withdrawal restrict of $3 million.
In the event you’ve signed up for any monetary accounts or cryptocurrency exchanges previously, the signup course of will doubtless really feel acquainted. As soon as they full KYC, customers get a $3 bonus deposited of their accounts.
Is My Cash Protected?
Bitget places an additional emphasis on buyer account safety. It has a number of measures to guard person funds, together with chilly storage, multi-factor authentication, safety audits, and person training. Bitget additionally gives customers with instructional assets on safety greatest practices.
Within the post-FTX world, proof of reserves is a vital providing for cryptocurrency exchanges. Whereas it’s nonetheless greatest to carry your crypto in your personal pockets outdoors of an alternate, Bitget does job of transparently reporting what belongings it holds. Primarily based on its insurance policies and self-reported reserves, it holds properly over 100% of buyer deposits in BTC, ETH, USDT, and USDC.
How Do I Contact Bitget Help?
One of the best ways to achieve Bitget help is by way of e-mail. The location has a chatbot that’s not excellent. The client help e-mail deal with is [email protected]. VIP customers can get precedence help by means of [email protected].
The corporate additionally operates accounts on Twitter, Telegram, Discord, Reddit, Fb, Instagram, and different standard social platforms.
Is Bitget Value It?
In the event you stay someplace Bitget is accessible, it’s a fairly good selection. It stands out for aggressive charges and a big suite of derivatives merchandise. Whereas it’s dangerous, the copy buying and selling product can also be extremely popular. In the event you’re on the lookout for copy buying and selling, Bitget must be a high consideration.
Customer support and withdrawal choices may use enchancment. In any other case, Bitget provides a compelling package deal of crypto merchandise that’s very compelling. Do not forget that many of those merchandise are extraordinarily dangerous, and there’s likelihood of losses whenever you interact in an lively buying and selling technique.
In the event you’re not sure about Bitget, take a look at our record of one of the best crypto exchanges.
Try Bitget right here >>
International crypto alternate supporting spot, futures, and duplicate buying and selling
Normal 0.10% for makers and takers
$3 million (KYC-verified)