Bitget Review | Best Crypto Exchanges | CryptoVantage (2024)

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Evan Jones

Written by Evan Jones Arrow Right Cryptocurrency expert and consultant

Evan Jones was introduced to cryptocurrency by fellow CryptoVantage contributor Keegan Francis in 2017 and was immediately intrigued by the use cases of many Ethereum-based cryptos. He bought his first hardware wallet shortly thereafter. He has a keen and v...

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Feb 14, 2024

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Bitget Overview

Bitget

• Free copy trading for users with up to 8% commission for trader who creates strategy
• Wide selection of small market cap tokens
• Low fees across all aspects of the platform
• 24-hour customer support

Funding MethodsCryptocurrency only

Cryptocurrencies184+

CountriesUSA, Canada, Australia, Europe, Korea, Japan, LATAM, India, South East Asia, Africa

Visit Bitget

How to Set Up Your Bitget Account

It is easy to set up a Bitget account by following the steps outlined below:

1. Navigate tobitget.comor download the mobile app for iOS/Android
2. Click “Sign Up” in the upper right of the screen, or app screen
3. Choose phone or email setup, then enter the address or number, create a password, and accept the terms of use before clicking “Sign Up”

1. Solve the captcha and then enter the code sent to your phone or email
2. That’s it! You can start trading on Bitget, but until you verify your identity you have a daily withdrawal limit of 20 BTC equivalent.

If you verify your identity, you can increase that limit to 200 BTC. This can be done by clicking “Verification” on your account information page or the ID verification tab, then:

1. Enter your name, choose an ID type, enter the ID number, upload an image of the front, the back, and then a selfie with you holding the ID and a piece of paper that says “Bitget” and the current date.
2. Click “Submit” and then wait for Bitget to verify your identity. Once complete you will have increased limits.

What You Can Buy on Bitget

Bitget supports a wide range of crypto coins and tokens, with a list of 184 at this time. While they have many small cap tokens, they are missing some major assets such as Terra (LUNA) and Cardano (ADA). Some of the assets available on Bitget are:

• Bitcoin (BTC)
• Ethereum (ETH)
• Fantom (FTM)
• Avalanche (AVAX)
• Solana (SOL)
• Ripple (XRP)
• Litecoin (LTC)
• Polygon (MATIC)
• Decentraland (MANA)
• Enjin Coin (ENJ)

Supported Operating Systems

Bitget is available through your internet browser on desktop or mobile.

There is also a mobile app for Android and iOS available on Google Play and the App Store, respectively.

Best Features of Bitget

Bitget offers a number of features that are worth considering if you are looking for a new crypto exchange.

Low Trading Fees

Bitget only charges 0.1% on all spot market trades for both makers and takers, which is in line with the industry leader Binance. These fees can be reduced to 0.08% if the fees are paid in Bitget’s BGB token.

Copy Trading

Bitget allows users to copy other traders’ strategies on the platform for free. Users can follow any trader as long as the trader is not at their max number of followers (this is based on their account equity) and begin mirroring their moves and portfolio at no cost. For the traders, they can earn up to 8% of their followers’ profits, giving them incentive to provide good strategies.

Asset Support

Bitget supports a wide range of small market tokens that many other exchanges do not. This makes Bitget an attractive target for users who want to speculate on newer, small market assets.

Is Bitget Safe?

Yes, Bitget is safe. They have regulatory licenses for Canada, Australia, and the US. They secure user’s assets in segregated hot and cold wallets.

They have received 12 A+ ratings from SSL Labs according to their homepage. We ran the same SSL test for their site and got an A+ too. The exchange has never been hacked either. Users need to enable two-factor authentication before being able to deposit funds onto the exchange.

What are Bitget Fees Like?

Bitget has a flat 0.1% trading fee for both maker and taker trades on the spot market, which is very competitive. These fees can be reduced to 0.08% if the trading fees are paid for in Bitget Token (BGB). Bitget spot market fees are in line with Binance. Futures trading incurs a 0.02% fee for makers and a 0.06% fee for takers, with no discounts.

Bitget charges reasonable withdrawal fees for cryptocurrencies though there are withdrawal minimums. Bitcoin withdrawals incur a 0.0006 BTC fee, which is low compared to many other exchanges. ERC-20 tokens have the highest fees for withdrawals. There are no deposit fees for crypto.

What is Bitget?

Can I use Bitget in USA?

Where is Bitget based?

How do I get Bitget Token (BGB)?

What benefits does Bitget Token give users?