In this detailed review, we explore Bitget, a premier cryptocurrency exchange specializing in spot, futures, and copy trading. We'll cover its features, functionality, security measures, and ideal user base, along with step-by-step guidance for getting started.
What Is Bitget?
Overview
Bitget is a global cryptocurrency exchange serving over 20 million users. Established in 2018, it offers:
- 500+ cryptocurrencies and 500+ trading pairs
- Futures and spot trading
- Copy trading and API integration
- A proprietary wallet and mobile app
Mission
Bitget aims to democratize crypto trading by combining blockchain innovation with user-friendly tools. Its team, rooted in traditional finance, focuses on accessibility and security.
Key Milestones
- 2019: First to launch USDT-margined futures
- 2020: Pioneered crypto copy trading
- 2022: Partnered with Lionel Messi
- 2023: Acquired BitKeep (now Bitget Wallet)
How Bitget Works
Bitget’s platform supports:
- Spot Trading: Instant buy/sell orders with TradingView integration.
- Futures Trading: Leverage up to 125x via perpetual contracts.
- Copy Trading: Mirror top traders’ strategies effortlessly.
👉 Explore Bitget’s trading tools
Products and Services
1. Spot Trading
- 500+ coins and pairs
- 0.1% fee (discounted with BGB tokens)
- Intuitive interface powered by TradingView
2. Futures Trading
- 0.02% maker / 0.06% taker fees
- USDT-M, Coin-M, and USDC options
3. Copy Trading
- Profit-sharing model (up to 8%)
- No additional fees
4. Bitget Wallet
- Multi-chain support
- Staking and DeFi integration
5. Mobile App
- Full-featured iOS/Android app
- Fiat deposits and withdrawals
Fee Structure
| Service | Fee |
|---|---|
| Spot Trading | 0.1% |
| Futures Trading | 0.02%–0.06% |
| Fiat Deposits | Free |
| Withdrawals | Network-based |
Getting Started
Account Creation
- Sign up via email/phone.
- Complete KYC verification.
- Deposit funds via card, bank transfer, or crypto.
Security Measures
- Proof of Reserves (230%+ reserve ratio)
- Cold Storage for 95% of assets
- 2FA and anti-phishing codes
- CertiK-audited (78.58/100 score)
Pros and Cons
✅ Pros
- Low trading fees
- Extensive coin selection
- Advanced copy trading
❌ Cons
- Unavailable in the U.S. and Balkans
- High withdrawal fees for some assets
FAQ
Is Bitget safe?
Yes, with robust security protocols and transparency audits.
What are Bitget’s fees?
- Spot: 0.1%
- Futures: 0.02%–0.06%
Who should use Bitget?
Traders seeking derivatives, copy trading, or low-cost spot trading.
Final Thoughts
Bitget excels in derivatives and social trading but faces geographic restrictions. Its commitment to innovation and security makes it a strong contender for experienced traders.
Risk Warning: Cryptocurrency investments are volatile. Invest cautiously.