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Bitget Review

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About Bitget

Bitget is a cryptocurrency exchange founded in 2018 that offers crypto spot, futures, and social trading. It has over 2 million registered users and is the 5th largest cryptocurrency exchange in trading volume. Biget is the sponsor of football clubs Juventus, Galatasaray, and eSports teams. 

bitget-review
  • Type of Broker: Market-Maker
  • Regulation & Licensing: U.S. MSB License, Canada MSB License, Australia Digital Currency Spot License (https://www.bitget.com/en/compliance)
  • Clients Accepted from: Bitget currently does not support users from the following countries or regions: Singapore, Mainland China, Macau, North Korea, Iran, Syria, Afghanistan, Cuba
  • Assets Offered: Crypto Derivatives
  • Platforms Available: Web, Mobile
  • Mobile Compatibility: iOS, Android
  • Payment Types Accepted: VISA, Apple Pay, Mastercard, Google Pay

Bitget Pros and Cons

Low trading feesLimited educational resources
Offers leveraged and copy tradingTraders from some countries not accepted
Regulated exchange
Uses unified contracts

Who can use Bitget?

Everyone can use Bitget but it focuses on beginner crypto traders. They offer one-click copy trading services and an easy-to-use trading platform. Experienced traders can use Bitget’s leveraged trading features to day trade the crypto markets. 

Bitget Features

Bitget features an easy-to-use crypto trading platform that shows cryptocurrency prices in real-time, an order book, trading sentiments, and a launchpad.  Other features include a rewards center, the BGB token, and an affiliate program. Via the launchpad users can invest in ICOs. The rewards center rewards users with trading discount coupons whenever they accomplish ”missions” on the platform. The BGB token is Bitget’s native token like Binance’s BNB. As a Bitget affiliate partner, you can earn passive income by referring others to Bitget through your links. 

Bitget Information

Type of brokerMarket-maker
RegulationU.S. MSB License, Canada MSB License, Australia Digital Currency Spot License
Clients accepted fromAll countries except Singapore, China, North Korea, Cuba, Iran, and Syria
Tradable assetsCryptocurrencies and crypto CFDs
PlatformsWeb, mobile (both Android and iOS)
Deposit methodsVisa, MasterCard, Apple Pay, Google Pay
Minimum deposit$50
Spot trading fees0,01% maker, 0,01% taker
Future trading fees0,02% maker, 0,02% taker

Bitget Regulation

Bitget has U.S. MSB, Canada MSB, and Australia Digital Currency Spot licenses. 

Bitget Security

Bitget is a secure cryptocurrency exchange that uses SSL encryption to protect its platform and hosts it via secure servers. They store clients’ funds in cold storage and users can protect their accounts with two-factor authentication. 

Bitget User Experience

Bitget received mediocre feedback about its user experience. It is still a new exchange, so this might change in the future.

UAE Investors

Bitget accepts traders and investors from the United Arab Emirates. Note that Bitget has KYC in place which users have to undergo before they are able to use Bitget’s services. 

Bitget Review – Our Verdict

Bitcoin charges low trading fees, offers copy trading for beginners, and leveraged trading for experienced traders. It is a decent cryptocurrency exchange and we recommend signing up with them. 

FAQ

How can I get the Bitget app?

By downloading it in the App Store or Google Play Store.

How can I contect Bitget support?

By going to their website, clicking on ‘contact info’, and then sending an email to the right email address.

Is Bitget active on social media?

Yes, you can follow them on Twitter, LinkedIn, Reddit, Facebook, Instagram, Medium, and Discord.


Methodology
Business24-7 aims to help those interested in cryptocurrency make safe and informed investing decisions. We are dedicated to offering our readers unbiased reviews of leading cryptocurrency exchanges for traders at all levels. Cryptocurrency exchanges are included in our reviews if they are safe, liquid, regulated by proper authority, or decentralized. 

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.

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