Bitget is one the best cryptocurrency exchange, encouraging people to adopt cryptocurrencies and be part of the future. Its objective is to serve as a gateway that surpasses the limitations of Web2 and Web3, links traditional centralised finance (CeFi) with decentralised finance (DeFi), and unites the extensive network of cryptocurrencies.
Bitget was introduced to the market in 2018, offering safe and all-encompassing trading solutions to its worldwide user community. Social trading is a primary aspect of Bitget’s services, resulting in the platform gaining a substantial following of over 8 million users, 380,000 followers, and 80,000 skilled traders across 100+ nations. According to CoinGecko, Bitget is one of the top five cryptocurrency exchanges in terms of derivative trading volume worldwide.
Bitget Supported Cryptos
The supported cryptos are;
- ChainLink Coin
- Ethereum Classic
- Adventure Gold Coin
- Cardano Coin
- Bitcoin Cash
- Polkadot Coin
- TRON Coin
- Yield Guild Games
- Supports 70+ trading pairs for USDT, USD and Coin Margined futures accounts
- Full quantitative trading tools, including open API, supports CCXT, Gunbot, Autoview and Sirius Trader
- Intuitive Trading Tools, ranging from drag-and-drop TP/SL levels and futures calculators to isolated and cross-margin modes.
How to Open a Bitget account?
- To open an account on Bitget, you can download the app or visit their website and sign up.
- All users must complete the KYC process to access Bitget’s products and services. The KYC process is simple and involves providing personal information and pictures of a government-issued ID.
- Once the verification process is complete, you can fund your Bitget wallet by buying crypto with fiat currencies or depositing cryptocurrencies from another crypto wallet.
- Mobile phone number changes must be done on a PC.
Bitget Mobile App
Not all crypto investors need desktops to conduct their trading, and many prefer to conduct their trading on their mobile apps anytime and anywhere. The chart and trading history will still be easy to access and view. The mobile app is available in Android and IOS for download from Google Play and AppStore.
Easily buy and sell crypto with one click. You don’t need to be a professional to start trading.
Spot trading involves purchasing and selling assets at the current market price for immediate delivery. Traders use spot trading to profit from daily market fluctuations through a series of small transactions. This type of trading is available in various forms, including centralised trading platforms, decentralised exchanges, and OTC markets.
The futures market serves a vital role in both hedging and price discovery. You may use this market to mitigate risk in the spot markets by securing a favourable price for the underlying asset later.
Bitget Copy Trade caters to the needs of all types of investors, regardless of their experience level. Novice traders can learn by mimicking orders from a seasoned professional, benefiting from their expertise.
Meanwhile, cryptocurrency enthusiasts can generate additional passive income by becoming Bitget Copy Trade professional traders. These traders can earn commissions of up to 8% on their followers’ profits, creating a mutually beneficial environment for all users.
Bitget introduced the latest Strategy Plaza service. The new feature offers an entry into Strategy Trading through our platform, where investors can adopt and apply specific strategies set by registered experts to direct their portfolio better.
The taker fee is 0.1% or 0.1% spot trading fee, and the maker Fee is 0.20%. In the case of trades in spot, takers and the makers pay the same fee of 0.20%.
The fee is reduced to 0.14 per cent when the user pays the fees using the exchange’s native token, the Bitget DeFi Token (BFT).
When trading contracts, the buyers’ trading fee is 0.06 per cent, and with a discount, it comes to 0.04%. Additionally, you will get a 33% market order if you click the link to register, while makers pay 0.02 per cent.
You can pay for crypto using fiat via two payment processors, such as Banxa and Mercuryo or you can use Mastercard, VISA, Apple Pay, and Google Pay as payment options. There is no charge for fiat currency deposits.
Bitget lets the user transfer fiat currency only by wire transfers for depositing cryptocurrency, but not with a credit or debit card.
Depositing cryptocurrency is simple;
- Log in to your Bitget account.
- Click on the “Assets” tab.
- Select the cryptocurrency you want to deposit.
- Copy the deposit address or scan the QR code.
- Send the cryptocurrency to the provided deposit address from your external wallet or exchange.
Withdrawal Limits and Fees
Withdrawal limits and fees vary with each crypto. If the user account is not fully verified, the daily withdrawal limit will be BTC20 or the equivalent in other cryptos. If the account has completed verification, have a maximum of BTC 200 per day.
The user must wait until the transaction is validated before the funds are credited to their account. Bitget charges a withdrawal fee of 0.0006 BTC for every BTC withdrawal.
Security and Privacy
Bitget’s exchange platform is licensed by regulatory authorities in Australia, Canada, and the US to become the most secure crypto exchange. It holds operations licences from FinCEN of the US Department of the Treasury, the FINTRAC in Canada and the AUSTRAC in Australia.
To protect users’ assets, the platform stores them in separate cold and hot wallets. Traders must also use a two-factor authentication before transferring funds to the exchange.
Bitget Customer Support
Bitget offers live chat, comprehensive tutorials for all process aspects, and an FAQ section covering the fundamentals. Users can click on the help chat bubble at the lower right corner of the display to contact the help desk for assistance with trading issues or concerns. Customer Support is available to answer all queries.
- Buy crypto with one-click
- The seller’s asset is locked once you place an order.
- Automated price matching
- Easy withdrawals
- Withdrawal fees are slightly higher than the industry average.
- Few deposit and withdrawal options.
Bitget offers a wide range of smaller market currencies and a copy trading option, providing a fair and extensive trading experience for both beginner and advanced traders. The exchange has strong security settings in place to ensure the safety of its clients and an easy-to-use platform with low fees. With its unique futures trading platform, Bitget stands out as a one-of-a-kind exchange and is ideal for anyone interested in navigating the trading sphere and buying crypto.