Bitget is a cryptocurrency exchange. It is an efficient trading platform that has been growing massively with its best trading services. The exchange has grown into one of the leading crypto derivatives exchanges that supports spot and futures trading.
It has more than 2 million users and is working efficiently to provide its clients with the best of services. However, this much information is not enough to justify its services and features. Therefore, here’s a Bitget review to analyse the platform and its operations.
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What is Bitget?
Bitget is one of the leading cryptocurrency exchanges. The exchange is working on the mission to inspire individuals to embrace crypto and connect with the future. To meet the mission the platform aims to become a portal that transcends Web2 and Web3, connects CeFi and DeFi and bridges the gap of the web of crypto.
The cryptocurrency exchange was established in 2018 and ranks among the top five in the financial market as of 2022. Besides, it is located in Singapore with Sandra Lou as the CEO.
Bitget Overview
| Official website | www.bitget.com |
| Founded In | 2018 |
| Headquarters | Singapore |
| Native Token | BGB |
| Listed Cryptocurrencies | 250 |
| Fiat Currency Supported | USD |
| Trading Pairs | 250+ |
Is Bitget a Scam?
The exchange is not a scam as per our Bitget review. It is a legitimate trading platform that is operating under the Bitget company. The company is committed to protecting the assets and making decisions that meet the values of industry.
The working of the platform is conducted competently and transparently. It has regulation of two reputable companies listed below:
- U.S MSB Licence
- Canada MSB Licence
The US MSB has regulatory authority The Financial Crimes Enforcement Network, US Department of Treasury. While Canada MSB has the regulatory body Financial Transactions and Reports Analysis Centre of Canada.
How does Bitget Works?
According to Bitget Review, the trading platform offers clients with sport trading, derivative trading and copy trading facility. The customers have many choices available with them to trade and access the market.
The futures trading at Bitget uses perpetual contracts. These future contracts are the standard contract for difference and are a popular derivative tool in crypto trading.
Besides, the leverage is available to invest more than they can trade. They have trading pairs such as USDT/BTC and offer leverage of 125x. So, traders can make 100 times the amount of the deposit.
Pros and Cons
| Pros | Cons |
| Low trading fees | Crypto only deposit and withdrawal method |
| Copy trading | |
| Supports over 150 coins | |
| Trading pairs 250+ |
Why Choose Bitget?
Bitget is a legitimate trading platform. It works efficiently to offer the best of services online. Traders should go for the cryptocurrency exchange because of the following reasons:
- Battle-tested technology
- Stable security
- Professional customer support
- Margained futures accounts
- Full quantitative trading tools
- Intuitive trading tools
Features of Bitget
Bitget provides clients with various features to support them in their trading journey. Here we have discussed the features that traders can enjoy:
Trading Products
The platform has a good market reputation. It provides its customers with innovative products to trade without converting tokens. In addition, traders can have one click copy trading, and derivative trading with USDC margin.
High Security
The trading platform provides clients with risk control features. They can have cold and hot wallets to securely store their funds. In addition, the segregation of funds, 12 A+ ratings of SSL Labs makes it a great choice.
Besides, the platform is backed by Qingsong Cloud security, HEAP, Suntwin technology and Armors.
Derivatives
The cryptocurrency exchange offers traders with self-developed trading pairs. There are numerous derivative products for traders and hotels fifth rank in terms of its trading volume.
Customer Service
Bitget has excellent customer services for the clients. They can enjoy 24×7 multilingual services online. Also, it has one-on-one support for its VIP customers and a reward centre for the crypto community.
Users of the platform can easily connect with the Bitget professional team for support. It has the following option available for traders/clients:
- Email: support@bitget.com
- Live chat through Help
Low Trading Fees
Bitget charges 0.1% for any spot market trades. The charge is for both makers and takers. The fee is reduced to 0.08% if the fee is paid by Bitget’s native token, BGB.
BGB Token
Users can have BGB token to settle transaction fees and receive a discount of 20% on the fees. It has a discount of 155 on futures trading. The total amount of BGB token issued is 2,000,000,000.
Also, users can have multiple benefits holding and trading BGB tokens.
Bitget Academy
The trading platform offers its clients an academy to learn about the financial market. It helps traders to learn, prepare and thrive in crypto. There are categories that traders can have to learn such as copy trading, cryptocurrency, strategies, fiat and blockchain.
The academy has the following options for learning:
- Articles
- Videos
Bitget Launchpad
Bitget exchange has launched a new platform called launchpad. It is for the featured project token rewards. They can win the rewards by holding crypto assets or by exchanging them.
The most recent project of Bitget was Karmaverse (KNOT). It is a metaverse gaming platform built with blockchain technology.
Affiliate Program at Bitget
The cryptocurrency exchange offers and creates its clients with services across the globe. It uses various tools to increase the number of clients which is referred to as an affiliate program. With this the users refer to the platform in hope to get new clients for Bitget.
There are referral links and marketing material issued by Bitget to every affiliate.
The program is only available for registered and verified users. Information about referrals and payments is available in the user section.
Final Verdict
Bitget review is a deep insight into the offerings of the cryptocurrency exchange. Traders can consider the platform for secure trading as the platform has regulation of top authorities.
The tools, services and features of the exchange are top-notch. It has 24×7 customer support, various trading products, derivatives, copy trading, BGB token, low trading fees and academy for learning.
Other than this, the launchpad and affiliate program are unique features at Bitget. Thus, the best trading platform available in the market.
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