Bitget Review

Explore Bitget: A Comprehensive Review with Trading Fees, Referral Programs, and How to Trade Cryptocurrencies! , you’ll learn everything about this popular crypto exchange, including its trading fees, referral programs, how to trade cryptocurrencies, and more!

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Last Updated: 9 months ago

8.4

Our Score
4.2/5
Bitget is a cryptocurrency exchange located in Singapore. The platform provides a large variety of cryptocurrencies and tokens for trading on the spot or futures markets with affordable trading costs. Bitget is a reputable exchange because it holds regulatory licenses from the US, Canada, and Australia. Bitget provides a quick sign-up process and is accessible on desktop or mobile devices. With tremendous incentives for the professional traders that allow others to follow their tactics, the site provides free copy trading for its customers. Bitget can be the right exchange for you if you’re seeking for one with access to a lot of small-market coins or copy trading features.
Pros:

✅ 24/7 client service.
✅ Low transaction costs
✅ Really simple copy trading feature.
✅ After a successful deal, experienced traders receive 10% of the profits made by their followers.
✅ Secured licenses from the USA, Canada, Australia, Singapore, and more.
✅ Combined Contracting Feature.
✅ Presence of demo accounts.
✅ A large selection of cryptocurrencies for account top-up.
✅ Service of trading copies for passive income.
✅ Opportunity to use bonus program credits to lower commissions.
✅ The capacity to trade algorithmically.
✅ The exchange stores client funds in both hot and cold cryptocurrency wallets.

Cons:

❌ Only withdrawal and deposit options exist for cryptocurrency.
❌ Lacking a few significant assets.
❌ Unpopular exchange.
❌ Limited Service in Restricted Regions or Countries.
❌ Limited set of educational resources.

Table of Contents

Top Features of Bitget

Bitget offers a lot of advantages that are quite well taking into account.

Low transaction fees.

In line with the market leader Binance, Bitget only charges 0.1% on all spot market trades for both makers and takers. If the costs are paid in Bitget’s BGB token, they can be lowered to 0.08%.

Copy Trading.

Users of Bitget are free to employ other traders’ strategies on the platform. Users can copy a trader’s moves and portfolio for free by following any trader who has not reached their maximum number of followers (calculated based on account equity). The traders have an incentive to offer sound methods because they can receive up to 8% of the earnings made by their followers.

Asset Assistance.

Many other exchanges do not support the large variety of small market coins like Bitget does. Because of this, Bitget is a desirable target for individuals looking to invest on more recent, specialized assets.

Unique Items

Known for providing cutting-edge products that users may trade without having to exchange tokens, Bitget is a popular platform. One of the top derivatives exchanges that supports the USDC margin, it also provides one-click copy trading.

Security System

The majority of user reviews for Bitget highlight that Bitget enables risk control through the separation of cold and hot wallets and has 12 A+ ratings from SSL Labs. The security of this cryptocurrency exchange platform is supported by Suntwin Technology, Armors, HEAP, and Qingsong Cloud Security.

Outstanding Customer Service

Bitget provides multilingual online customer care to its investors around-the-clock. Additionally, it features reward centers for the cryptocurrency community and offers one-on-one help for its VIP clients.

Profitable trading of derivatives.

For its traders, Bitget Exchange offers a system of self-created trading pairs. It is among the top 6 cryptocurrency exchanges in terms of trading volume and offers a variety of unique derivative products.

Services for global compliance

The US, Australia, and Canada have all granted licenses to Bitget exchange. This exchange has been listed on CoinGecko and CMC and follows strict regulatory standards.

REFERRAL CODE

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How to claim exclusive sign up bonus from our referral code

Currently, Bitget Exchange is developing and providing services in markets all over the world. Its affiliate program is a tool used to boost the number of customers. The main responsibility of the referrer is to bring in new active traders to Bitget. To do this, we provide you a referral code and a link by which you can get a bonus on your trading fees.

When you create an account, a distinct affiliate referral number will be provided to you. By using that referral code, you can save 20% on all trading fees. You can also create a referral link for your friends and family and using that code, they will get a 20% bonus for themselves too.

They will qualify for a referral bonus if they utilize your bitcoin coupons link or codes.You won’t need to do anything else after clicking on our link because the “Referral Code” area in your browser will already be filled with information. All that’s left to do is complete the remaining registration procedures.

Make sure you have read and understood all of the terms and conditions before continuing.

Bitget Mobile App

Because of the larger screen, most of the skilled traders use desktop computers, but some also use the mobile trading option. Fortunately for these traders, there are mobile apps for the Bitget trading platform. The mobile app offers its users practically all of the capabilities that the platform offers, and it is fairly comparable to the web app in that regard. Both Android and iOS users can download the mobile app.

Bitget Trading and Withdrawal Fees

The exchange will cost the user a fee for trading when they place an order. The trading commission is typically a small percentage of the trade’s value. Many exchanges divide the maker and taker costs; makers contribute to the order book while takers remove current orders from it, generating liquidity on the platform. The maker fee is 0.20%, while the taker fee is 0.1%, 0.1% or the spot trading fee.

Understanding spot trading options and contracts is essential at Bitget. Both takers and makers are charged a 0.20% fee for spot trades. Only when payment was made using the exchange’s native token, the Bitget DeFi Token, the charge is decreased to 0.14 percent (BFT).

When trading contracts, buyers pay a trading charge of 0.06 percent; after a discount, it drops to 0.04%; additionally, if a user clicks the link to register, they will receive a market order worth 33 percent, while makers pay a trading cost of 0.02 percent.

For every BTC withdrawal, Bitget charges a fee of 0.0006 BTC, which is significantly more than the industry standard. The withdrawal charge is set at the standard industry rate of 0.00053 BTC for each withdrawal of BTC.

User Review

Bitget has got some mixed reviews from its users. When compared to many other financial firms in the fintech sector, Bitget is a new company. That hasn’t stopped its customers from giving the company reviews, though. When deciding whether the user experience at Bitget is positive or negative, the following ratings and their sources may be helpful. It got 3.4 out of 5 on Cryptowiser and 3.5 on Revain. On CryptoVantage it acquired 3.8 out of 5.

Verdict: Should you use Bitget?

If you’re looking for an exchange with access to copy trading and a variety of smaller market currencies, Bitget is an excellent choice. A fair and comprehensive trading experience is what the platform tries to offer. Bitget satisfies all trading criteria for both experienced and new traders. A simpler procedure for the security measures the exchange puts in place to guarantee the security of its clients will be beneficial to it.
Low transaction fees, special features that facilitate traders, and a strong regulatory foundation are all strengths of Bitget. Bitget is a great choice if you’re seeking for an exchange with lots of features. No matter how great the trading platform is that you are using, keep in mind that the cryptocurrency market is unstable and high-risk. The exchange stands out as a unique exchange due to its many features and special futures trading platform. Anyone interested in understanding the trading environment and purchasing cryptocurrency will find the platform to be the most convenient and affordable option.

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Why We Recommend:

✅ 24/7 client service.
✅ Low transaction costs
✅ Really simple copy trading feature.
✅ After a successful deal, experienced traders receive 10% of the profits made by their followers.
✅ Secured licenses from the USA, Canada, Australia, Singapore, and more.
✅ Combined Contracting Feature.
✅ Presence of demo accounts.
✅ A large selection of cryptocurrencies for account top-up.
✅ Service of trading copies for passive income.
✅ Opportunity to use bonus program credits to lower commissions.
✅ The capacity to trade algorithmically.
✅ The exchange stores client funds in both hot and cold cryptocurrency wallets.

Drawbacks:

❌ Only withdrawal and deposit options exist for cryptocurrency.
❌ Lacking a few significant assets.
❌ Unpopular exchange.
❌ Limited Service in Restricted Regions or Countries.
❌ Limited set of educational resources.

8.4

Our Score
4.2/5
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