Bitget Crypto Exchange
U.S. Status
Supported Coins
Our Rating
Spot Trading Fee
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Overview
- FAQ
Bitget is a popular cryptocurrency exchange that offers a wide range of trading options, including spot, futures, and margin trading, with +800 cryptocurrencies available.
The platform stands out for its advanced features like copy trading, where users can follow top traders, and its launchpad for early access to new projects.
Bitget is known for its low trading fees and strong security measures, including a $400 million protection fund for users’ assets.
The platform also supports multiple payment methods, including fiat deposits for EUR and BRL, and offers a mobile app for trading on the go.
However, Bitget is not available to users in certain regions, including the United States. It is available in many European and Asian countries, as well as some others worldwide.
Is Bitget safe to use?
Yes, Bitget follows industry-standard security protocols, including encryption, two-factor authentication (2FA), and withdrawal whitelisting to protect user funds and personal data.
The platform also has a $400 million protection fund for added security. however, crypto exchange are always at risk and it's important o keep it in mind.
How long does it take to withdraw funds from Bitget?
Crypto withdrawals on Bitget are usually processed within minutes, depending on the network.
Fiat withdrawals may take up to two business days, depending on the method used (like bank transfers or SEPA).
Can I trade on Bitget without completing KYC?
You can trade on Bitget with some limitations, but completing the KYC (Know Your Customer) process is required to access higher withdrawal limits and certain features.
It helps ensure a secure and compliant trading environment.
Pros | Cons |
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Wide Selection of Cryptocurrencies | Limited Availability in the U.S. |
Low Fees | No NFT or Web3 Support |
High Leverage Options | Customer Support Delays |
Copy Trading | Complex for Beginners |
Robust Security Features |
Supported Cryptocurrencies & Assets
Bitget supports a wide variety of cryptocurrencies, with +800 digital assets available for trading.
This includes not only popular cryptocurrencies like Bitcoin and Ethereum but also numerous altcoins, tokens, and stablecoins.
The platform offers a broad selection of tokens for spot, futures, and margin trading, catering to a range of trader preferences.
Bitget also includes stablecoins such as USDT and USDC, which are commonly used for trading and preserving value.
However, Bitget does not currently support NFTs or direct Web3 features on its platform, focusing mainly on crypto-to-crypto and fiat-to-crypto markets.
Bitget Exchange: Supported Countries & Availability
Bitget is available in over 170 countries, making it a global cryptocurrency exchange.
However, it is not accessible to residents in certain regions, including the United States, Canada, Hong Kong, and countries under international sanctions like North Korea, Iran, and Cuba.
The platform is fully operational in many parts of Europe, Asia, and other regions, offering services to a wide range of traders.
Before signing up, it's important to check whether your country is supported to avoid any issues with account access or withdrawals.
Bitget Legal Issues & Trustworthiness: What You Should Know
Bitget has not been involved in any major legal issues or lawsuits as of now.
It follows industry-standard security practices, including encryption, two-factor authentication (2FA), and withdrawal whitelisting, to protect user funds and data.
While Bitget has a solid reputation for offering secure and reliable trading services, like any exchange, it is essential to conduct thorough research, especially for those new to crypto trading.
Always be cautious of risks, including market volatility and security concerns, and only trade what you are willing to lose.
Main Features For Crypto Investors
Here are the key features that I found most appealing in Bitget:
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Bitget Fees: Competitive Rates & Discounts
Bitget offers competitive fees across its trading options:
Spot Trading Fees | Future Trading Fees |
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0.10%
For both maker and taker orders. The more you trade, the lower the fees – can decrease to as low as 0.02%. Using Bitget's native token, BGB, to pay trading fees offers a 20% discount /span> | 0.02% – 0.06%
0.06% for taker trades and 0.02% for maker trades. Using Bitget's native token, BGB, to pay trading fees offers a 20% discount /span> |
- Deposit Fees: Free for both fiat and crypto deposits, except for third-party payment providers.
- Withdrawal Fees: Varies by asset, e.g., BTC withdrawal has a fee of 0.00008 BTC, ETH withdrawal is 0.0016 ETH.
- Fee Discount: 20% discount on trading fees when using the BGB token.
- Margin Trading Fees: Same as spot trading fees, plus interest on borrowed assets.
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Bitget’s Interface: Desktop & Mobile Experience
Bitget offers a user-friendly platform that caters to both beginners and advanced traders.
Its interface is simple yet powerful, making it easy for newcomers to navigate basic trading functions like buying and selling crypto.
The mobile app provides on-the-go trading, offering similar functionality to the desktop version, though without some advanced charting tools.
For more experienced traders, the desktop platform offers advanced features, such as integration with TradingView, for in-depth technical analysis.
The customizable layout allows traders to rearrange charts and trading panels to suit their preferences, improving the overall experience.
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Protecting Your Funds: Bitget’s Security and Compliance Measures
Bitget takes security seriously by offering a range of protection features.
It uses high-level encryption to safeguard user data and funds, and supports two-factor authentication (2FA) for an added layer of security.
Withdrawal whitelisting ensures that only authorized addresses can receive funds from your account.
Bitget also follows Know Your Customer (KYC) guidelines to verify the identity of its users, helping to prevent fraud and money laundering.
Bitget offers a $400 million protection fund to safeguard user assets. This insurance fund is designed to cover potential losses in extreme situations, such as a security breach or unexpected market events.
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Bitget Customer Support: 24/7 Assistance with Room for Improvement
Bitget offers 24/7 customer support through live chat, email, and a helpful FAQ section.
While most inquiries are handled quickly via live chat, there have been reports of slower response times during busy periods.
Bitget customer service rated 3.1 on TrustPilot. while it's an average score it's higher than most other exchanges.
Overall, customer service can be a point for improvement, as some users have experienced delays in receiving detailed responses.
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Bitget’s Copy Trading Lets You Replicate Top Traders’ Strategies
Bitget’s Copy Trading feature allows users to follow successful traders and replicate their strategies automatically.
This feature is ideal for beginners who want to learn from experienced traders or those who prefer a hands-off approach.
Users can browse top traders based on their past performance and risk levels, and choose whom to follow.
Once a trader is selected, the system copies their trades in real-time, so users benefit from their expertise.
It offers a great opportunity to diversify trading strategies and learn new techniques, making it a popular choice among Bitget users.
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Bitget Futures Trading: High Leverage Up to 125x
Bitget offers futures trading with leverage up to 125x on certain assets, making it an attractive option for traders who want to amplify their potential profits.
Futures contracts allow users to bet on the price movements of cryptocurrencies without owning the underlying asset.
By using leverage, traders can control larger positions with smaller amounts of capital.
However, high leverage also increases the risk of significant losses, so it's recommended for experienced traders.
Bitget’s platform ensures an easy-to-navigate interface for managing futures trades, with tools like stop-loss and take-profit orders to help minimize risk.
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Bitget Launchpad: Access to Early-Stage Crypto Investments
Bitget’s Launchpad is a platform where users can access and invest in early-stage crypto projects.
This feature allows traders to participate in token sales before the assets are listed on the main exchange, offering the chance to buy tokens at a lower price.
Launchpad projects are carefully selected by Bitget, ensuring that only promising projects are featured.
This gives users the opportunity to get in on the ground floor of new and innovative blockchain projects, with the potential for significant profits.
However, participating in Launchpad investments comes with high risk, as early-stage projects can be volatile.
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BBitget Staking: Grow Your Crypto with Rewards
Bitget allows users to stake various cryptocurrencies directly on its platform, providing an opportunity to earn passive income.
By staking your crypto assets, you can earn rewards in the form of interest or staking tokens.
The platform supports popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Polkadot (DOT) for staking.
Users can choose from flexible or fixed staking options, depending on their preference for liquidity and reward rates.
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Buying, Selling, and Swapping Crypto
Bitget makes buying, selling, and swapping cryptocurrencies easy with its intuitive platform.
Users can buy crypto using fiat currencies like USD, EUR, or BRL through bank transfers or credit/debit cards.
For crypto-to-crypto trading, Bitget supports seamless swaps between over 800 cryptocurrencies with low fees and fast execution.
The platform also offers an integrated wallet for users to store, transfer, and trade their digital assets.
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Limited NFT & Web3 Features
Currently, Bitget does not support NFTs or direct Web3 features like blockchain gaming.
However, the platform supports trading a wide variety of cryptocurrencies, some of which are commonly used within the Web3 ecosystem.
Although Bitget doesn't directly offer NFT marketplaces or Web3 apps, it provides tools and features like futures and spot trading that can cater to the growing demand for Web3-related assets.
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Deposits & Fast Withdrawals with Bitget
Bitget supports a wide variety of deposit and withdrawal methods. For fiat currencies, the platform accepts bank transfers, SEPA transfers, and credit/debit cards, allowing users to fund their accounts with ease.
It also supports multiple cryptocurrencies, with free crypto deposits. Withdrawals are fast, with most crypto withdrawals processed within a few minutes.
Fiat withdrawals may take up to two business days depending on the method used.
However, Bitget’s support for P2P trading also makes it easier for users to buy and sell crypto using over 70 fiat currencies, offering flexibility for global users.
Keep in mind that some fees may apply, particularly for card payments and non-SEPA bank transfers.
When Bitget May Be a Good Choice? When Not?
As with any financial platform, Bitget isn’t the perfect fit for everyone.
Here’s a look at who might find Bitget a better choice and who might want to consider other options
When Bitget May Be a Good Choice | Who Should Look Elsewhere |
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Beginner & Experienced Traders | U.S. Based Traders |
Futures & Margin Traders | NFT & Web3 Enthusiasts |
Global Traders | Absolute Beginners Looking for a Simplified Platform |
Those Interested in Copy Trading | Investors Looking for Full Regulatory Assurance |
4 Simple Steps to Set Up the Bitget Account
Let's see the main steps when setting up an account with Bitget:
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1. Registration
To set up an account on Bitget, start by visiting their official website or downloading the mobile app. Click on the “Sign Up” button to begin the registration process.
You'll need to provide your email address or phone number, and create a secure password.
After entering your details, Bitget will send a verification code to your chosen contact method, which you must enter to confirm your registration.
Our tips:
🔹 Choose a strong, unique password that includes numbers, letters, and special characters.
🔹 Ensure you use a valid email or phone number since this will be used for account recovery.
🔹 Be aware of phishing sites, double-check the URL to ensure you're on the official Bitget site.
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2. Complete KYC Verification
Once your account is created, the next step is to complete the KYC (Know Your Customer) verification.
This involves uploading a government-issued ID (like a passport or driver's license), a selfie, and proof of address (e.g., a utility bill or bank statement).
The verification process is required for higher withdrawal limits and access to full account features.
Our tips:
🔹 Ensure your ID and documents are clear and readable to avoid delays in verification.
🔹 Use a recent proof of address – older documents may be rejected.
🔹 KYC can take a few hours to a couple of days, depending on the volume of users.
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3. Deposit Funds
After your KYC is verified, you can deposit funds into your Bitget account. Bitget supports both fiat and crypto deposits.
For fiat, you can use bank transfers, SEPA, or credit/debit cards. For crypto, simply transfer from your wallet to your Bitget deposit address.
Be sure to choose the correct deposit method and asset.
Our tips:
🔹 Crypto deposits usually have lower fees than fiat, but be mindful of the network fees.
🔹 When using fiat, choose the most cost-effective method based on fees and speed.
🔹Double-check the deposit address to ensure you send funds to the correct one.
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4. Start Trading
Once your account is funded, you're ready to start trading. Navigate to the trading section of Bitget, where you can choose between spot, futures, or margin trading.
Select your trading pair (e.g., BTC/USDT) and place your buy or sell orders.
Bitget’s intuitive interface makes it easy for beginners to get started while offering advanced features for experienced traders.
Our tips:
🔹 Start with small amounts if you're new to crypto trading to manage your risk.
🔹 Make use of stop-loss and take-profit orders to manage trades more efficiently.
🔹 Take time to explore educational resources on the platform, such as Bitget Academy, to improve your trading knowledge.
FAQ
Bitget supports several order types, including limit orders, market orders, trailing stop orders, and stop orders. These options allow traders to manage positions and take advantage of market movements efficiently.
BGB is Bitget’s native utility token. It can be used to pay for trading fees at a discounted rate, stake for rewards, and participate in certain Bitget features, such as copy trading and token sales on Bitget Launchpad.
Yes, Bitget provides a range of educational resources through Bitget Academy, including guides, tutorials, and videos. These materials are designed to help both beginners and advanced traders learn about crypto trading and improve their skills.
The minimum deposit amount on Bitget varies depending on the asset being deposited. For fiat deposits, it’s usually around $15 or its equivalent in other currencies, while cryptocurrency deposits depend on the specific coin or token.
Review Crypto Exchanges
How We Rated Crypto Exchanges: Review Methodology
At The Smart Investor, we evaluated crypto exchanges based on their overall value, security, and trading experience compared to other leading alternatives. Our hands-on testing focused on key factors that matter most to traders and investors, including fees, security, liquidity, and available assets. Each exchange was rated based on the following criteria:
- Fees & Costs (15%): We prioritized exchanges with low trading fees, competitive spreads, and transparent pricing. Some platforms had hidden withdrawal fees or costly trading structures.
- User Experience & Interface (15%): A fast, intuitive, and well-designed platform scored highest. Some exchanges felt clunky or slow, impacting trade execution and overall experience.
- Security & Regulation (20%): We favored exchanges with strong encryption, two-factor authentication (2FA), cold storage, and regulatory compliance. Some lacked proper security, making them high-risk.
- Trading Tools & Features (30%): The best exchanges offered advanced charting, real-time market data, order types (limit, stop-loss), and automation tools. Some lacked depth, limiting professional traders.
- Supported Cryptocurrencies (10%): We rated exchanges higher if they supported a broad range of cryptocurrencies, including major coins, altcoins, and stablecoins. Some had limited selections, restricting options.
- Liquidity & Execution Speed (5%): Exchanges with high liquidity, deep order books, and fast execution times scored highest. Lower-rated platforms had frequent slippage or delays.
- Additional Features (5%): We favored exchanges with staking, lending, fiat on-ramps, NFT marketplaces, and DeFi integration. Some lacked these extras, making them less versatile.