With the cryptocurrency market soaring due to the approval of a Bitcoin ETF, a wave of new users is entering the space. The rising interest in Bitcoin has prompted these newcomers to search for secure exchanges for trading. Established in 2018, Bitget stands out as a reliable platform, prioritizing the security of users’ assets through a robust US$424 million Protection Fund with a transparent monthly Proof of Reserve and a reserve ratio of 175% as of January 9.
Ranking as the largest platform for cryptocurrency copy trading and the third-largest exchange for crypto derivatives, Bitget provides a comprehensive range of crypto services, including crypto-to-crypto trading, spot trading, futures trading, margin trading, copy trading, AI trading bots, and Launchpad. Users can track elite traders, replicate their strategies, and optimize investment portfolios to maximize profits.
Bitget: Making Trading Smart & Simple
Bitget’s key features include a wide listing with over 600 tradable cryptocurrencies and 700 trading pairs. The exchange demonstrates a high liquidity evidenced by a recent 24-hour BTC/USDT trading volume of $500,000,000. The platform offers copy trading for both spot and futures markets. It’s a Bitget’s flagship service that enables users to enhance their yields by replicating the orders of professional traders. With a community boasting over 130,000 elite traders and 650,000+ followers, Bitget’s profit and loss (PnL) metric reached $430,000,000.
Bitget supports bot trading powered by AI, allowing users to utilize provided AI bots or create their own, spanning various strategies without additional fees, subject only to standard taker and maker fees. The VIP Trading Club provides fee discounts across five sub-levels based on trading volume, with VIP members enjoying some of the market’s lowest trading fees, exclusive products, and premium support from dedicated account managers.
Margin trading on Bitget offers users the ability to increase returns with leverage, reaching up to 125X for the BTC/USDT pair, and futures trading includes contracts for various cryptocurrencies categorized into USDT-M, USDC-M, and COIN-M.
The P2P marketplace accommodates nearly 70 fiat currencies and six major coins, supporting various payment methods such as bank transfers, PayPal, WebMoney, global e-wallets, and multiple online payment systems.
- Minimum Deposit: $15
- Max. Withdrawal: 30,000 USDT for verified accounts with basic level and up to 15,000,000 USDT daily for VIP 5 accounts
- Assets Offered: 600+
- Trading Pairs: 700+
- Fiat Currencies: More than 140 fiat currencies, such as USD, EUR, GBP, BRL, etc.
Fees and Commissions
Bitget offers competitive trading fees within the cryptocurrency market, with the fee structure dependent on a user’s monthly trading volume, USDT balance equivalence, and the BGB amount in their account. Withdrawal fees and minimum amounts vary based on the specific asset and its associated blockchain.
- Fee (Maker): 0.1% for spot trading 0.02% for futures trading
- Fee (Taker): 0.1% for spot trading and 0.06% for futures trading
- Discounts on Fees: 20% discount when paid in BGB (Bitget’s native coin); further discounts for VIP users
Navigating Bitget
Registering on Bitget is straightforward and can be done through various methods, either by visiting the Bitget App or official website. Signing up on Bitget is easy—just visit their app or website. Users can register with their phone number, setting a password, agreeing to terms, and waiting for an SMS code. Alternatively, they can choose email registration by entering their email address, setting a password, agreeing to terms, and waiting for an email verification code.
Depositing cryptocurrency into a Bitget account involves logging in, navigating to the Assets section, selecting the desired cryptocurrency, clicking Deposit, and completing the process by copying the address or scanning the QR code from other platforms.
For cryptocurrency withdrawals, users can log in, visit the Assets section, choose the cryptocurrency, click Withdraw, enter the withdrawal amount, and input the withdrawal address or scan the deposit address of the third-party wallet.
Buying crypto using fiat currency on Bitget requires users to log in, visit the Buy Crypto or P2P platform page, select the preferred fiat currency, enter the amount, choose the cryptocurrency to purchase, select a service provider and payment method, and click Buy. Users have to verify their identity information, complete the payment on Bitget and the third-party service provider websites, ensuring correct wallet addresses and confirming transaction details.
In a Nutshell: Key Points and Highlights
Bitget caters to a wide range of users, offering diverse products for both experienced traders and beginners. Professionals can explore extensive options for futures and margin trading, while newcomers find value in copying trades from seasoned users to enhance their trading experience.
Cryptocurrency Selection and High Liquidity
Over 600 coins and 700 trading pairs
Recent 24-hour BTC/USDT trading volume exceeding $500,000,000
Copy Trading Service with Impressive Metrics
Community of 130,000 elite traders and 650,000+ followers
Profit and loss (PnL) metric reaching $430,000,000
AI-Powered Bot Trading without Additional Fees
AI bots supporting various strategies
No additional fees, only standard taker and maker fees apply
VIP Trading Club for Fee Discounts and Exclusive Benefits
Five sub-levels based on trading volume
Exclusive benefits include low trading fees, enhanced profitability products, and premium support
Versatile Trading Options: Margin and Futures
Margin trading with leverage up to 125X for BTC/USDT pair
Futures market with contracts for various cryptocurrencies categorized by deposit type
Safety and Compliance
US$424+ million Protection Fund
Total reserve ratio of 175%
Virtual Asset Service Provider (VASP) registration in Poland and Lithuania
With the cryptocurrency market soaring due to the approval of a Bitcoin ETF, a wave of new users is entering the space. The rising interest in Bitcoin has prompted these newcomers to search for secure exchanges for trading. Established in 2018, Bitget stands out as a reliable platform, prioritizing the security of users’ assets through a robust US$424 million Protection Fund with a transparent monthly Proof of Reserve and a reserve ratio of 175% as of January 9.
Ranking as the largest platform for cryptocurrency copy trading and the third-largest exchange for crypto derivatives, Bitget provides a comprehensive range of crypto services, including crypto-to-crypto trading, spot trading, futures trading, margin trading, copy trading, AI trading bots, and Launchpad. Users can track elite traders, replicate their strategies, and optimize investment portfolios to maximize profits.
Bitget: Making Trading Smart & Simple
Bitget’s key features include a wide listing with over 600 tradable cryptocurrencies and 700 trading pairs. The exchange demonstrates a high liquidity evidenced by a recent 24-hour BTC/USDT trading volume of $500,000,000. The platform offers copy trading for both spot and futures markets. It’s a Bitget’s flagship service that enables users to enhance their yields by replicating the orders of professional traders. With a community boasting over 130,000 elite traders and 650,000+ followers, Bitget’s profit and loss (PnL) metric reached $430,000,000.
Bitget supports bot trading powered by AI, allowing users to utilize provided AI bots or create their own, spanning various strategies without additional fees, subject only to standard taker and maker fees. The VIP Trading Club provides fee discounts across five sub-levels based on trading volume, with VIP members enjoying some of the market’s lowest trading fees, exclusive products, and premium support from dedicated account managers.
Margin trading on Bitget offers users the ability to increase returns with leverage, reaching up to 125X for the BTC/USDT pair, and futures trading includes contracts for various cryptocurrencies categorized into USDT-M, USDC-M, and COIN-M.
The P2P marketplace accommodates nearly 70 fiat currencies and six major coins, supporting various payment methods such as bank transfers, PayPal, WebMoney, global e-wallets, and multiple online payment systems.
- Minimum Deposit: $15
- Max. Withdrawal: 30,000 USDT for verified accounts with basic level and up to 15,000,000 USDT daily for VIP 5 accounts
- Assets Offered: 600+
- Trading Pairs: 700+
- Fiat Currencies: More than 140 fiat currencies, such as USD, EUR, GBP, BRL, etc.
Fees and Commissions
Bitget offers competitive trading fees within the cryptocurrency market, with the fee structure dependent on a user’s monthly trading volume, USDT balance equivalence, and the BGB amount in their account. Withdrawal fees and minimum amounts vary based on the specific asset and its associated blockchain.
- Fee (Maker): 0.1% for spot trading 0.02% for futures trading
- Fee (Taker): 0.1% for spot trading and 0.06% for futures trading
- Discounts on Fees: 20% discount when paid in BGB (Bitget’s native coin); further discounts for VIP users
Navigating Bitget
Registering on Bitget is straightforward and can be done through various methods, either by visiting the Bitget App or official website. Signing up on Bitget is easy—just visit their app or website. Users can register with their phone number, setting a password, agreeing to terms, and waiting for an SMS code. Alternatively, they can choose email registration by entering their email address, setting a password, agreeing to terms, and waiting for an email verification code.
Depositing cryptocurrency into a Bitget account involves logging in, navigating to the Assets section, selecting the desired cryptocurrency, clicking Deposit, and completing the process by copying the address or scanning the QR code from other platforms.
For cryptocurrency withdrawals, users can log in, visit the Assets section, choose the cryptocurrency, click Withdraw, enter the withdrawal amount, and input the withdrawal address or scan the deposit address of the third-party wallet.
Buying crypto using fiat currency on Bitget requires users to log in, visit the Buy Crypto or P2P platform page, select the preferred fiat currency, enter the amount, choose the cryptocurrency to purchase, select a service provider and payment method, and click Buy. Users have to verify their identity information, complete the payment on Bitget and the third-party service provider websites, ensuring correct wallet addresses and confirming transaction details.
In a Nutshell: Key Points and Highlights
Bitget caters to a wide range of users, offering diverse products for both experienced traders and beginners. Professionals can explore extensive options for futures and margin trading, while newcomers find value in copying trades from seasoned users to enhance their trading experience.
Cryptocurrency Selection and High Liquidity
Over 600 coins and 700 trading pairs
Recent 24-hour BTC/USDT trading volume exceeding $500,000,000
Copy Trading Service with Impressive Metrics
Community of 130,000 elite traders and 650,000+ followers
Profit and loss (PnL) metric reaching $430,000,000
AI-Powered Bot Trading without Additional Fees
AI bots supporting various strategies
No additional fees, only standard taker and maker fees apply
VIP Trading Club for Fee Discounts and Exclusive Benefits
Five sub-levels based on trading volume
Exclusive benefits include low trading fees, enhanced profitability products, and premium support
Versatile Trading Options: Margin and Futures
Margin trading with leverage up to 125X for BTC/USDT pair
Futures market with contracts for various cryptocurrencies categorized by deposit type
Safety and Compliance
US$424+ million Protection Fund
Total reserve ratio of 175%
Virtual Asset Service Provider (VASP) registration in Poland and Lithuania
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- Source: https://www.financemagnates.com//thought-leadership/bitget-review-everything-you-need-to-know/
