Bitget is a leading cryptocurrency trading platform that was established in 2018. With its user-friendly interface, comprehensive trading tools, and advanced security measures, Bitget has become a go-to platform for traders and investors around the world.
One of the major advantages of Bitget is the fact that the platform is the first and biggest copy trading platform in the crypto space. Copy trading in crypto has several advantages, including saving time and effort by automating trades.
It is also a great option for new traders who may not have much market knowledge. Copy trading allows you to learn from expert traders and replicate their successful investment decisions.
Additionally, copy trading platforms provide metrics that can help you identify winning traders quickly and easily. But that’s not all! Bitget offers much more. Let’s take a look at what the platform offers and how it differentiates from its competitors.
Crypto Premium Score:
0.08% - 0.1%
Global (USA allowed)
Up to 100 USDT for trading activity
Ease of use
Key features of the Bitget platform
Bitget is the world’s leading copy trading platform. This allows traders to copy the trades of professionals in the fields, enabling even beginners to profit from crypto without having to do the hard work themselves.
Bitget also offers a wide range of trading options for cryptocurrencies, including spot trading, futures trading, and index trading. Users can trade with leverage and take advantage of advanced trading tools to make informed decisions.
Furthermore, besides trading options, the platform allows users to stake and earn certain cryptocurrencies. This way, users can earn rewards for holding their coins on the platform.
Bitget offers a mobile app for both iOS and Android devices, allowing users to trade and monitor their portfolios on the go.
The platform employs advanced security measures to protect user funds and data, including two-factor authentication, multi-signature wallets, and cold storage.
None (USD, AUD, EUR and others available via third-party)
Cryptocurrency, bank account, credit/debit card via third-party
0.08% - 0.1%
Crypto withdrawal fees vary by currency
Review of Bitget - Quick Verdict
Bitget has received regulatory licenses from the US, Canada, and Australia, making them a trusted exchange. Bitget is available for mobile or desktop and has a simple sign-up process. The platform offers free copy trading for its users with great incentives for the pro traders that allow others to follow their strategies. If you are looking for an exchange with a lot of small market coins or the ability to copy trade, Bitget may be for you. CryptoPremium’s Bitget review has all the information you need before signing up.
Advantages of Bitget
The popular Bitget platform provides a range of benefits and advantages for its users. Here are some of the key advantages of using Bitget:
Bitget supports a wide range of trading pairs. This provides traders with a greater range of options when it comes to buying and selling cryptocurrencies, allowing them to take advantage of market trends and maximize their profits. The platform now supports over 480 coins with 580 trading pairs.
The platform also boasts high liquidity, which means that traders can buy and sell cryptocurrencies quickly and easily, without having to worry about the market being slow or illiquid. According to Coinmarketcap, the liquidity score of Bitget is 610, higher than major exchanges like OKX (580), KuCoin (588), and Gate.io (586).
With standard spot trading fees as low as 0.1%, the Bitget platform charges some of the lowest fees in the crypto industry. This makes Bitget an affordable platform for traders of all levels, whether they are just starting out or are experienced traders.
Bitget also provides a range of advanced trading tools, including real-time market data, charting tools, and technical analysis indicators. These tools allow traders to make informed trading decisions and stay up-to-date with market trends.
Furthermore, Bitget takes security seriously and uses advanced security measures to protect its users’ funds and personal information. This includes two-factor authentication, cold storage for funds, and regular security audits.
Last, but not least, users can also access a range of educational resources, including trading guides, tutorials, and webinars, to help them improve their trading skills.
Bitget Pros & Cons
Highly credible platform
Bitget is a highly credible cryptocurrency exchange that has gained a reputation for providing secure and reliable trading services to its users. With over 8 million users in more than 100 countries and regions, Bitget has a massive user base.
One of the factors that contribute to Bitget’s credibility is its partnerships with well-respected entities in the sports and gaming industries. Bitget is collaborating with footballer Lionel Messi and the football team Juventus, showcasing its commitment to aligning with credible partners.
Bitget has also partnered with PGL, the official eSports events organizer, further solidifying its standing in the gaming community.
Furthermore, Bitget’s commitment to security and transparency is another indicator of its credibility. The platform has launched the $300 million Bitget Protection Fund, which is the second-largest user protection fund among CEXs. The Proof of Reserves of Bitget also ensures a 1:1 reserve ratio of its customer funds.
This credibility has led to Bitget being listed as the top 3 crypto derivative exchange by the Boston Consulting Group in a report published in July 2022.
Vision for the future
Bitget has ambitious plans for the future. The company is focused on enhancing its copy trading features and expanding beyond derivatives. Bitget aims to be more than just a trading platform but also a community that empowers its users to make smarter financial decisions.
To achieve this, Bitget added Bitget Insights and Strategy Plaza to its copy trading features. Bitget Insights is a newsfeed community where verified users can share their financial views with their followers.
The company is also expanding its offerings beyond derivatives. Bitget is actively working to expand the variety of digital assets in its spot market. In the first two months of 2023, the platform listed over 50 blockchain projects with big potential.
Bitget also plans to leverage its sponsorships to do more education and CSR schemes in crypto. The company has established partnerships with big names like Messi and Juventus, contributing to the aim of changing the public’s negative perception of crypto.
Did you know?
Bitget is supporting about 450 coins with over 580 trading pairs. Furthermore, the platform ranks second among all the top 10 spot trading platforms on Coinmarketcap in terms of the number of coins listed.
How to Set Up Your Bitget Account
It is easy to set up a Bitget account by following the steps outlined below:
- Navigate to bitget.com or download the mobile app for iOS/Android
- Click “Sign Up” in the upper right of the screen, or app screen
- Solve the captcha and then enter the code sent to your phone or email
- That’s it! You can start trading on Bitget, but until you verify your identity you have a daily withdrawal limit of 20 BTC equivalent.
If you verify your identity, you can increase that limit to 200 BTC. This can be done by clicking “Verification” on your account information page or the ID verification tab, then:
Enter your name, choose an ID type, enter the ID number, upload an image of the front, the back, and then a selfie with you holding the ID and a piece of paper that says “Bitget” and the current date.
Click “Submit” and then wait for Bitget to verify your identity. Once complete you will have increased limits.
Is Bitget Safe?
Yes, Bitget is safe. They have regulatory licenses for Canada, Australia, and the US. They secure user’s assets in segregated hot and cold wallets.
They have received 12 A+ ratings from SSL Labs according to their homepage. We ran the same SSL test for their site and got an A+ too. The exchange has never been hacked either. Users need to enable two-factor authentication before being able to deposit funds onto the exchange.
What are Bitget Fees Like?
Bitget has a flat 0.1% trading fee for both maker and taker trades on the spot market, which is very competitive. These fees can be reduced to 0.08% if the trading fees are paid for in Bitget Token (BGB). Bitget spot market fees are in line with Binance. Futures trading incurs a 0.02% fee for makers and a 0.06% fee for takers, with no discounts.
Bitget charges reasonable withdrawal fees for cryptocurrencies though there are withdrawal minimums. Bitcoin withdrawals incur a 0.0006 BTC fee, which is low compared to many other exchanges. ERC-20 tokens have the highest fees for withdrawals. There are no deposit fees for crypto.
Frequently Asked Questions About Bitget
What is Bitget?
Bitget is a cryptocurrency exchange that offers copy trading options for its users. Bitget also offers a spot market, futures trading, and instant buy options for users.
Can I use Bitget in USA?
Yes! Bitget is available in the US. There is no indication of restricted states on Bitget’s site.
Where is Bitget based?
Bitget is based in Singapore.
How do I get Bitget Token (BGB)?
You can buy Bitget Token (BGB) directly on Bitget through the spot market.
What benefits does Bitget Token give users?
Holding BGB gives users a 20% discount on trading fees. BGB can be used as collateral for margin trading to get a 15% fee discount. There is a BGB lottery coming soon.
Bitget is the leading copy trading platform, allowing beginners to profit from crypto by copying professional trades. It offers a wide range of trading options, including leverage and advanced tools, and allows users to stake and earn rewards. Bitget has a mobile app for on-the-go trading and employs advanced security measures to protect user funds and data.
Wish you successful trading and make a lot of profit on Bitget exchange.