Bitget | Business24-7

Updated: 7 March 2023

Published: 4 March 2023

Page Summary

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.

Pros

Low trading fees
Offers leveraged and copy trading
Regulated exchange
Uses unified contracts

Cons

Limited educational resources
Traders from some countries not accepted

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

Bidget Key Features

Type of broker	Market-maker
Regulation	U.S. MSB License, Canada MSB License, Australia Digital Currency Spot License
Clients accepted from	All countries except Singapore, China, North Korea, Cuba, Iran, and Syria
Tradable assets	Cryptocurrencies and crypto CFDs
Platforms	Web, mobile (both Android and iOS)
Deposit methods	Visa, MasterCard, Apple Pay, Google Pay
Minimum deposit	$50
Spot trading fees	0,01% maker, 0,01% taker
Future trading fees	0,02% 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.

Disclaimer

Stefan Grasic

Stefan Grasic (Dipl.-Jur) is the owner of Business24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active stock, CFD, crypto and general investment researcher, advising blockchain companies such as Blockbird, GoCrypto, Hive Terminal at their start up level. Stefan began trading in 2010 as a college student. Money was tight,…