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BitgetReview
Our Verdict
Bitget is one of the largest cryptocurrency exchanges, serving over 45 million users in more than 170 countries, with daily trading volumes exceeding $10 billion. Known for its strong focus on trading, Bitget supports around 140 fiat currencies and offers access to 800+ spot tokens and nearly 300 derivatives markets, with leverage up to 125x. Its competitive fees, advanced trading tools, and robust security make it a great option for both beginner and experienced traders.
In addition to spot, margin, and derivatives markets, Bitget provides features like copy trading, bot trading, and P2P trading while maintaining some of the lowest fees in the industry.
Bitget Pros and Cons
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Is Bitget Right for You?
Not all traders are the same. Some seek easy apps for trading on the go, while others look for advanced features like leverage or social trading. When reviewing exchanges, we cater to all types of traders, from occasional to frequent. We divided all traders into seven main target groups.
Our thorough yet straightforward method ensures a clear understanding of trading strategies and their requirements. By assessing, ranking, and recording key factors, we determine how well the exchange meets the needs of each target group. We use three types of rankings: perfect match, good choice, and not recommended. Here’s our verdict:
Casual Traders: Perfect Match
Bitget is a perfect match for casual traders, offering one of the widest selections of cryptocurrencies with low trading fees. As one of the most transparent platforms, Bitget openly shares its Proof of Reserves, which are updated monthly. The platform supports free fiat deposits via multiple payment methods, including bank transfers, credit/debit cards, and P2P trading.
I found Bitget to be one of the best all-around exchanges reviewed. It offers tools to help beginners get started while also catering to experienced traders with advanced features.
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Day Traders: Perfect Match
Bitget is perfect for Day traders. It offers an advanced desktop platform that provides a smooth trading experience and is equipped with all the advanced trading tools necessary for technical analysis. With a vast number of tradable markets, whether you’re trading pairs denominated in USDT, BTC, or EUR, Bitget has you covered. The platform also offers a wide range of altcoins that are not available on other major exchanges like Binance or Kraken.
During my testing, Bitget provided a seamless trading experience without any major issues. Despite its lower liquidity score compared to competitors, I didn’t encounter any problems with order execution or fills. Additionally, the large variety of assets made it easier to trade smaller altcoins not listed on other top exchanges.
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Hodlers & Position Traders: Perfect Match
Bitget is perfect for hodlers and position traders seeking a secure and user-friendly platform. The exchange maintains full 1:1 reserves of customer assets and has never experienced any security breaches, which gives me confidence that my funds are safe. Additionally, support for staking allows users to earn passive income on their assets stored on the platform, with fee discounts for holding Bitget’s native BGB token, a benefit only offered by a few competitors like Binance & KuCoin.
However, I was disappointed by the platform’s customer service, having to wait over a week for a response. Despite having a comprehensive FAQ section, the platform is still let down by unhelpful live chat agents.
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Leverage & Derivative Traders: Perfect Match
Bitget is a perfect match for Leverage & Derivatives traders. It offers some of the highest leverage levels (up to 10x on margin & 125x on futures) at some of the lowest fees in the industry. The desktop platform is packed with advanced tools that support all levels of technical analysis. Additionally, funding fees are consistently lower than those on platforms like Binance and Bybit.
In my experience, Bitget delivers a derivatives trading experience that is on par with the best in the industry. All my trades were executed instantly, and the platform provided a seamless experience. However, the lack of certain order types, like TWAP, restricted some of my more complex strategies.
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Bot, Social & Copy Traders: Perfect Match
Bitget is a perfect match for Bot and Copy traders, but it doesn’t offer social trading. It has a wide variety of trading bots and numerous expert traders to copy, and the platform’s large selection of assets gives traders more options when selecting assets to trade.
Personally, I found the trading bots helpful in managing my portfolio. The Auto-Invest bot automatically rebalanced my portfolio to avoid overexposure to any one asset, while the grid bots allowed me to continue profiting during sideways markets.
I was impressed by the range of expert traders available for copy trading, offering a wide range of options, whether you prefer a conservative trader or someone more willing to take risks. This feature is especially beneficial for new traders, as it allows them to learn by following successful strategies. Bitget provides detailed metrics for each trader, making it easy to choose a trader whose style aligns with your goals.
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Algorithmic Traders: Acceptable Choice
Bitget is an acceptable choice for algorithmic traders, with its API access and support for high-frequency trading. However, it lacks back-testing and a sandbox environment.
Bitget offers a higher rate limit for API calls than competitors like Kraken, though exceeding this limit may result in an IP ban. Additionally, Bitget’s lower liquidity score may pose challenges when trading large positions at high frequencies.
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DCA Investors: Perfect Match
Bitget is perfect for DCA investors, thanks to its Spot DCA and Auto-Invest tools that automatically make purchases and rebalance portfolios without manual input. Auto-Invest allows you to invest in crypto using stablecoins in your Bitget account, while the Spot DCA bot manages your portfolio by buying dips and selling peaks, ensuring balanced investments at lower average costs.
In my experience, the DCA tools on Bitget were useful, particularly the Auto-Invest and rebalancing features. However, beginners might feel overwhelmed by the variety of DCA and Auto-Invest bots available. I would also like to see the ability to configure DCA orders based on price deviations, not just time.
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Supported Countries and Regions
Bitget is a global exchange with support for users from over 170 countries and regions, which is on par with other top-tier exchanges like Bybit and Kraken.
However, Bitget doesn’t accept users from several regions, including:
- United States (including U.S overseas territories)
- Canada
- Hong Kong
- Singapore
- Netherlands
- Cuba
- Crimea
- Haiti
- Lebanon
A full list of restricted regions can be found in Bitget’s Terms of Use.
Bitget Bonuses and Special Offers
Welcome Offers & Sign-Up Bonus: Bitget is offering new users up to 200 USDT in futures trading bonuses for depositing funds and trading futures on the platform.
Bonuses: New users can also earn up to 6,000 USDT in rewards for futures trading. However, unlocking the full 6,000 USDT requires depositing at least 50,000 USDT in assets and reaching a futures trading volume of 10,000,000 USDT.
Referral Program: Through Bitget’s referral program, users can earn up to 1,530 USDT if their referred users meet the minimum deposit requirements and accumulate sufficient trading volume across spot or futures markets.
Affiliate Program: Join Bitget using our affiliate link and get up to 50% commission on trading fees.
Bitget Background
Establishment: Bitget was founded during the 2018 bear market by a team with a background in traditional finance. The exchange is registered in the Seychelles and operates with a global team of over 1,500 staff across more than 60 countries.
Leadership: In May 2024, Gracy Chen was appointed CEO, succeeding Sandra Lou, who left to pursue her own business ventures. Chen, who has served as Bitget’s Managing Director since 2022, brings expertise in business management, marketing, and investing.
Bitget is transparent about its leadership structure, providing detailed information on personnel changes directly on its website. This level of transparency is reassuring for users, as knowing who leads the exchange is key when trusting it with your investments.
Security & Transparency
Bitget follows all industry-standard security protocols and provides users with a range of strong account protection measures. Since its launch in 2018, the exchange has not experienced any security breaches or loss of customer funds. While there was a breach involving Bitget’s non-custodial wallet, Bitget Wallet, this incident was entirely separate from the exchange itself.
The platform is transparent about its reserves, maintaining full reserves on customer deposits, which are audited monthly. These strong security practices are reflected in Bitget’s positive ratings on independent security ranking sites.
Bitget Security Overview | Details |
Proof of Reserves (PoR) | ≥100% reserve ratio on BTC, ETH, USDT, USDC |
Insurance | $400 million Bitget Protection Fund |
KYC Verification | KYC is mandatory |
Security Audits | Conducted monthly |
Account Security | Support for 2FA (Google Authenticator, SMS, email), Biometric Authentication (Fingerprint & FaceID), Anti-Phishing Codes |
Proof of Reserves
Bitget maintains full reserves for customer deposits and publishes monthly audited data on BTC, ETH, USDT, and USDC. Unlike Binance, which provides reserve information for over 30 tokens, Bitget limits its reports to just 4 tokens. The platform boasts nearly 300% reserve coverage for BTC and over 500% for USDC, with wallet addresses available for users to verify.
Account Security
Bitget has implemented a range of security measures to help users secure their accounts. Two-factor authentication, biometric authentication, individual fund passwords, and withdrawal whitelists reduce the risk of unauthorized access and withdrawal of funds.
Personally, I used Google Authenticator for 2FA, along with email and SMS verification. On mobile, I activated FaceID, but I encountered issues with desktop biometric authentication on Safari, unlike competitors like Binance and Kraken, which support desktop biometrics across various browsers, including Safari.
General Reliability
Deposit Insurance: Bitget is one of the few exchanges that provides insurance on user assets through the Bitget Protection Fund, established in 2022. As of September 2024, the fund is valued at over $428 million, offering users a robust safety net in case of unforeseen threats.
Bug Bounty Program: Bitget runs a bug bounty program, offering up to 3,000 USDC for reporting vulnerabilities. However, this reward is lower than the industry average of $5,000 or more.
Corporate Communication Structure and Transparency: Bitget is transparent about its leadership structure and personnel changes, a level of openness not often seen with other exchanges like Lbank and PrimeXBT. The exchange maintains an active presence across all social media platforms, including Twitter, Telegram, Facebook, LinkedIn, Discord, Reddit, YouTube, and TikTok.
Verified Trust Scores
Bitget has received positive reviews from leading independent ranking websites, which commend its safety and security protocols. The exchange is one of the highest-ranked exchanges, with scores that put it on par with industry leader Binance when it comes to safety and security.
Ranking | Score |
Skynet CertiK Security Score | A |
Cer.live Security Rating | AAA |
CoinGecko Trust Score | 9 |
CryptoCompare Grade | A |
Know Your Customer (KYC)
Starting in September 2023, Bitget made KYC mandatory for all users to comply with global regulations and combat money laundering and market manipulation. While some users may be hesitant about providing personal information, KYC enhances security and adheres to Anti-Money Laundering (AML) regulations.
KYC verification can be completed using Bitget’s automated system, which accepts passports, driver’s licenses, residence permits, and government-issued ID cards. However, during my testing, I encountered some issues with verification that forced me to submit additional pictures and wait for manual verification, which took around 2 hours.
Is Bitget Safe to Trade With?
In summary, our findings indicate that Bitget can be regarded as having a high level of trust and stability, making it a secure exchange due to the following factors:
- Asset Security: A ≥100% reserve ratio on all customer deposits, with monthly audits and transparent reporting.
- Insurance Coverage: A $400 million Protection Fund to cover user assets in extreme situations.
- Account Security: Robust security measures, including 2FA, biometric authentication, and fund passwords.
- Mandatory KYC: Ensures compliance with AML regulations, keeping bad actors off the platform.
However, it’s worth noting that Bitget only publishes reserve data for 4 tokens and lacks formal licensing from major regulatory bodies. Unlicensed exchanges typically operate outside of regulatory frameworks, meaning the exchanges may lack the necessary regulations and safeguards to protect your assets from scams, hacks, and fraudulent activity.
Trading Experience
Bitget is available on both desktop and mobile, offering the same trading instruments, features, and pairs, allowing users to switch seamlessly between devices.
It’s ideal for experienced traders, providing advanced charting tools, trading instruments for in-depth analysis, and conditional orders for spot, margin, and derivatives trading. Despite lacking a Lite Mode, Bitget is still beginner-friendly, featuring a user-friendly interface, demo accounts, and copy trading.
Trading Options & Additional Features | Availability |
Conditional orders |
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Derivatives Trading | Yes |
Lending & Borrowing | Yes |
Leverage Trading | Yes |
Options Trading | No |
Staking | Yes |
Copy Trading | Yes |
Social Trading | No |
tradingview.com Integration | Yes |
Auto Trading (Bots) | Yes |
API Access | Yes |
P2P Trading | Yes |
OTC Trading | Yes |
Demo Account | Yes |
Pro & Lite Versions | No |
Token Launchpad | Yes |
NFT Marketplace | Yes |
Trading Test
For our trading test, we thoroughly evaluated the Bitget platform. Our process included signing up, completing the KYC (Know Your Customer) verification, logging in, depositing funds, and making withdrawals. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. Here’s our detailed analysis:
Step 1: Setting Up and Funding Your Account
Signing up for Bitget is quick and straightforward. You can register via email or through third-party accounts like Google, Apple, Telegram, Bitget, and Metamask wallets.
KYC verification became mandatory on Bitget in 2023, with a range of accepted documents, including:
- Passport
- Drivers license
- Government-issued ID
- Residence permit
I encountered some issues with the automated KYC system, which rejected my ID photos due to “low quality,” even though the same images were accepted on other platforms. I had to submit them for manual review, which took 2 hours to verify my account.
Depositing crypto on Bitget is quick and straightforward. During my testing, I transferred LTC from my Binance account to Bitget without any wallet creation fees, and the minimum deposit was just 0.0001 LTC. Deposits via the Litecoin network are credited after 3 confirmations, with withdrawals possible after 6. My LTC deposit was confirmed in just 8 minutes, much faster than on competitors like Bybit, Kraken, and KuCoin.
I also tested fiat deposits using both Apple Pay and SEPA Transfer. With Apple Pay, I instantly purchased USDT using EUR for a 1.8% fee. Bitget supports SEPA Instant for EUR deposits with zero fees. I highly recommend SEPA transfers as they’re just as fast as Apple Pay or credit/debit card, but with no fees, making them ideal for larger deposits.
Opening a new LTC position was just as straightforward. I placed a market order with a tight stop loss and take profit. The order was executed instantly, and shortly after, as the market trended upward, my take profit was hit and filled precisely at the trigger price.
Step 3: Withdrawal and Review
The final part of my trading test involved withdrawing LTC over the Litecoin network. Bitget charged a withdrawal fee of 0.001 LTC (around $0.07), which is notably higher than Binance’s 0.0001 LTC fee (around $0.007). Despite the higher fee, Bitget processed my withdrawal swiftly, and the funds were confirmed in my Binance account in under 10 minutes.
I also tested fiat withdrawals using SEPA transfer to withdraw EUR. After converting my crypto to EUR, I initiated a withdrawal to my bank account. Fiat withdrawals can only be made to bank accounts previously used for deposits, meaning there’s no need to enter bank details again, Bitget already has that information stored.
The SEPA transfer was processed instantly, and the funds arrived in my bank account after a few seconds. However, if your bank doesn’t support SEPA Instant, withdrawals could take 2-3 business days to process.
Desktop Version
Bitget’s desktop platform is intuitive enough for new users while still offering the advanced tools experienced traders seek, especially with its TradingView integration, which includes a wide range of technical indicators and drawing tools. The platform delivers a smooth trading experience and runs flawlessly throughout my testing on Safari and Chrome. The only issue was that biometric passkeys were not supported on Safari.
Tools for Active Traders | Availability |
Order Book Depth | Yes |
Advanced Charting | Yes |
Technical Indicators | Yes |
Drawing Tools | Yes |
Watchlist | Yes |
MetaTrader 4/5 Support | No |
The desktop platform follows the same layout as most exchanges, making it easy to switch to Bitget without needing to get used to a whole new layout.
The platform displays price charts, order book data, and live trades in modules that can be resized and rearranged to suit your preferences. Bitget has also integrated TradingView charting to the desktop platform, bringing with it a host of advanced technical indicators and chart layouts that will be familiar to experienced traders coming from other exchanges.
You can easily switch between tokens and markets by clicking on the trading pair on the top left. This should open a dropdown menu that displays all the available markets. From here, you can filter tokens by market categories such as DeFi, Layer 2, and Memecoins.
Placing Trades
Placing trades on Bitget is quick and straightforward. The order forms are intuitive and easy to use while still allowing for a high level of customisation. They are similar to most other exchanges and almost identical to the ones used on the mobile, making it easy for traders to switch between the two platforms.
The only downside to placing trades on Bitget is the absence of several popular conditional order types, including TWAP, Iceberg, and GTD. This could be a dealbreaker for day traders who use trading strategies that rely on these specific order types.
Derivatives Trading
Trading derivatives on Bitget is as smooth and straightforward as spot trading. The platform supports a variety of futures options, including USDT-M and USDC-M perpetual futures, along with COIN-M perpetual and delivery futures. A unique feature offered by Bitget is the ability to use trading bots or engage in copy trading within the futures markets, allowing new traders to explore futures without venturing entirely on their own.
As a frequent futures trader, I found Bitget’s futures platform to be robust and reliable. With over $10 billion in open interest and nearly $10 billion in daily trading volume (at the time of writing), Bitget is a preferred platform for many, providing dependable order execution. Throughout testing, the platform proved stable, and I encountered none of the “scam wicks” common on smaller exchanges that can cause premature stop-loss triggers during volatile price swings.
My Key Takeaways After Testing Bitget Desktop
In my experience, Bitget provides a desktop platform that delivers seamless performance and is comparable to industry leaders like Binance and Bybit. My overall impression was positive due to several factors:
- Advanced charting & tools: supporting detailed technical analysis and enabling a range of different trading strategies
- Intuitive platform: making it easy to place and manage trades regardless of experience level
- Easy-to-use order forms: make it easy to open new positions whilst still offering order customization
However, there are a few areas where Bitget could improve, most notably adding support for more conditional order types. Additionally, introducing a Lite version of the platform, similar to Kraken, would prevent users who are new to crypto from getting overwhelmed by the complexity of the current platform.
Mobile App
The Bitget mobile app is available on iOS and Android. Throughout my testing, the app performed smoothly on both platforms, delivering a pleasant trading experience without any issues. The app is designed to be easy to use for beginners, with all the key features easily identifiable while still retaining advanced features required by experienced traders.
Coin Search: The coin search page lets you quickly find the asset you are looking for whilst also showing trending searches by other users across both spot and futures markets. This is a feature not seen on many competing exchanges and lets users quickly identify tokens with increased activity.
Trading Features: The mobile platform offers all the same trading features as the desktop platform. Order forms offer all the same customization options, with price information and market depth also displayed clearly. The only feature from the desktop platform that did not make it to the mobile app was the TradingView integration, meaning you will miss out on the TradingView tools and indicators.
Market Discover: The Markets page showcases the latest trending tokens whilst also providing key information about the crypto market in general, along with algorithm-based suggestions on tokens with recent breakouts. This page also provides information about top gainers and losers, a heatmap of the crypto market, and highlights sectors with the most price movement.
Watchlist Management: Bitget makes it easy to add tokens to your watchlist. It displays these tokens on your homepage and on the markets page to ensure you’re always up to date on the prices of your favorite tokens.
Quick Trade Execution: Using the mobile app, you can open trades or manage existing positions with just a few clicks. There is a confirmation screen when placing orders, but this can be disabled to further speed up the process of opening and closing positions. However, this does increase the risk of accidentally opening or closing positions, which could be an expensive mistake.
Price Alerts: Bitget lets you set price alerts on all tokens based on various criteria:
- Price rises/falls to a certain level
- Price rises/falls by a certain percentage
- Price rises/falls by a certain percentage within 24 hours
- Price rises/falls into or out of specific price channels
Portfolio Clarity: The portfolio overview page clearly displays your total account balance whilst breaking that down further across spot, futures, earn, margin, bots, and funding accounts. Bitget also displays a graph showing your account growth over time and a pie chart showing the allocations of each asset within your portfolio. One feature that isn’t seen on many exchanges is the shortcut to view security audits, verifying Bitget’s reserves of the assets in your portfolio.
My Key Takeaways After Testing Bitget on Mobile
Bitget’s mobile app serves as a useful extension of the desktop platform, providing traders with the same functionality and features whilst on the move. During my testing, the app performed smoothly, and I did not experience any bugs or glitches. I found the app to be suitable for beginners and experienced traders alike, thanks to the intuitive layout that still provides advanced trading features. Despite the absence of TradingView charting, I still found the provided tools and indicators sufficient for doing quick technical analysis whilst away from my desk.
The app could improve in a few areas, notably the option to toggle between Lite and Pro modes. This would greatly help both groups, as each mode could be fully focused on providing an easy-to-use experience or offering a variety of advanced trading features.
Fees
Bitget offers some of the lowest trading fees in the industry for spot, margin, and futures markets, with competitive rates for both maker and taker orders. Futures traders also benefit from noticeably lower funding fees compared to market leaders like Binance and Bybit. Additionally, Bitget offers free fiat deposits across all payment methods, a feature not commonly found on many exchanges.
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Spot: 0.10% maker & 0.10% taker
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Futures: 0.02% maker & 0.06% taker
Bitget Spot Maker/Taker Fees
In our review of spot fees, we examine spot fees across three distinct tiers. Our focus is on the fees for different trading volumes. We spotlight the basics and the possible savings through native tokens and other discount schemes. We developed this method to ensure a clear look at the fee structures and savings avenues for traders of all experiences. Additionally, we compare these fees to industry standards to show how each exchange ranks in terms of affordability.
Pricing Tier | Maker/Taker Fee | Industry Average |
Up to $10k | 0.1% / 0.1% | 0.41% / 0.51% |
Up to $100k | 0.1% / 0.1% | 0.33% / 0.37% |
Up to $500k | 0.1% / 0.1% | 0.25% / 0.29% |
The platform uses the standard Maker-Taker fee model, rewarding users with lower fees as their monthly trading volume or account balance increases. Spot trading fees start at 0.1% for both maker and taker orders and can drop to as low as 0.02%/0.032% for the highest-volume traders. Overall, I found Bitget’s spot trading fees to be among the lowest in the industry, comparable to those of major players like Binance and Bybit.
Deposit Fees
Payment Method | Deposit Fee |
SEPA Transfer | Free |
Bank Transfer (PIX) | Free |
Credit/Debit Card | Free |
P2P Trading | Free |
Crypto | Free |
Banxa | Fees vary by transaction amount & payment method |
Mercuryo | Fees vary by transaction amount & payment method |
Alchemy Pay | Fees vary by transaction amount & payment method |
Bitget stands out as one of the few exchanges to offer free deposits, regardless of the fiat currency or payment method. EUR and BRL deposits via SEPA or Bank Transfer are free, while P2P trading supports free deposits for almost 70 fiat currencies. Crypto deposits are also free, with no transaction or wallet creation fees applied.
Withdrawal Fees
Payment Method | Fee for Withdrawing $10k |
SEPA Transfer | 1 EUR |
Bank Transfer (PIX) | 2.60 BRL |
Credit/Debit Card | N/A |
P2P Trading | Free |
Crypto | Free |
For withdrawals, Bitget charges a small fixed fee for EUR and BRL via SEPA or Bank Transfer, with a 1 EUR fee that is the same as Binance. While bank cards can’t be used for withdrawals, P2P trading remains free for fiat withdrawals across 70+ currencies. For crypto withdrawals, Bitget only charges the necessary network fees, making crypto withdrawals a cost-effective option when making large withdrawals from the exchange.
Leverage and Futures Trading Fees
Margin Fees
Bitget’s margin trading fees are identical to its spot fees for opening and closing positions. In addition to these fees, margin traders pay hourly interest on borrowed assets, with rates varying by asset and detailed on Bitget’s website.
While margin trading fees are low, starting at just 0.08% when using the BGB discount, I found interest rates on assets like BTC, ETH, and SOL to be higher than those of competitors like Binance, though interest on stablecoins like USDT was lower.
Futures Fees
Bitget’s futures traders enjoy some of the most competitive fees in the industry. Like spot trading, futures trading follows the maker/taker model but with lower percentages, given the larger position sizes.
I found Bitget’s futures trading fees comparable to Binance and Bybit for maker orders and only slightly higher for taker orders. Additionally, I found funding rates on Bitget to be noticeably lower than on Binance and Bybit, particularly for major tokens like BTC, ETH, and SOL.
Bitget Futures Trading Fee Structure
30-Day Volume | Maker Fee | Taker Fee |
$0 – $100,000 | 0.020% | 0.060% |
$100,001 – $1,000,000 | 0.020% | 0.060% |
$1,000,001 – $5,000,000 | 0.020% | 0.060% |
$5,000,001 – $10,000,000 | 0.019% | 0.060% |
$10,000,001 – $20,000,000 | 0.016% | 0.040% |
$20,000,001 – $50,000,000 | 0.014% | 0.0375% |
$50,000,001 – $100,000,000 | 0.012% | 0.035% |
> $100,000,001 | 0.010% | 0.032% |
Fee Discounts
Bitget is one of the few exchanges that offers discounts on trading fees for holding its native token, BGB. Users holding BGB receive a 20% discount on spot and margin trading fees when paid in BGB. VIP users can take advantage of this discount on top of their existing trading fee discounts.
Are Bitget Fees Competitive?
Bitget’s trading fees are generally among the lowest in the industry, whether for spot, margin, or futures trading. While the interest rates for margin trading are higher than competitors like Binance and Bybit, the futures funding fees are noticeably lower. Another standout feature is the completely free fiat deposits across more than 70 currencies, which is a rarity among exchanges.
To minimize fees on Bitget, I primarily used limit orders to take advantage of the lower maker fees. Additionally, paying fees with BGB tokens gave me a 20% discount. I recommend trading larger positions when possible to accumulate volume and unlock lower fee tiers for even more savings.
Cryptocurrencies Available on Bitget
Bitget offers an extensive range of tradable assets, with over 800 tokens for spot trading and nearly 300 markets for derivatives trading. The exchange provides access to a wide variety of tokens, from large-cap assets like BTC and ETH to niche altcoins such as DOGS, PEPE, and WIF.
When it comes to token selection, Bitget surpasses industry leaders like Binance (426), Bybit (665), and Coinbase (259). However, CoinMarketCap has given Bitget an average liquidity score of 530, which is notably lower than Binance, Bybit, and Coinbase. Despite this, during my testing, I did not experience any issues with order execution or fills.
Cryptocurrencies Available on Bitget | Availability |
Available Cryptocurrencies | 813 |
Spot Trading Pairs | 1190 |
Futures Markets | 312 |
Liquidity Score | 573 |
Launchpad | Yes |
Bitget also features a Launchpad, allowing users to participate early in promising projects by locking up BGB or USDT for airdrops of new tokens. Additionally, the platform’s Pre-market provides an OTC market where users can trade new tokens before they are available for spot trading.
Deposits & Withdrawals
Bitget only directly supports two fiat currencies, EUR and BRL, however, their comprehensive P2P platform and One-Click Buy add support for over 70 fiat currencies via a range of payment methods. As an EU-based trader, I was able to use the directly supported SEPA Transfers to make instant EUR deposits into my Bitget account. Even if you aren’t based in the EU, you can make use of the P2P platform to make deposits in your local currency.
Bitget Deposit Options
Payment Method | Accepted Fiats | Fee | Processing Time |
SEPA Transfer | EUR | Free | Instant – 2 working days |
Bank Transfer | BRL | Free | Instant |
Debit/Credit Card | 125+ currencies | Free | Instant |
P2P | 70+ currencies | Free | Instant – 30 minutes |
Apple/Google Pay | 125+ currencies | Free | Instant |
E-Wallets | N/A | N/A | N/A |
Peer-to-Peer Trading: P2P trading increases accessibility for users outside the two directly supported fiat currencies. Users can buy and sell crypto using a variety of payment methods, including Revolut, Wise, Zelle, and CashApp.
The P2P platform displays all the relevant information for each advertiser, such as completion rate, number of orders completed in the last 30 days, and customer feedback. For added peace of mind, Bitget acts as an escrow service, holding the seller’s tokens and releasing them to you automatically once you have made your payment.
Fiat One-Click Buy: Bitget’s One-Click Buy lets you instantly buy crypto with a credit/debit card, Apple Pay, and Google Pay, with over 125 supported fiat currencies. Despite being facilitated by a third-party payment provider, MultiX, One-Click Buy operates just as well as on Binance or Bybit, which handle transactions themselves.
Third Party Payment Providers: Bitget offers crypto purchases through third-party payment providers like Mercuryo, Banxa, and Alchemy Pay, allowing you to instantly buy crypto using a bank card or Apple/Google Pay. However, fees vary significantly depending on the provider and transaction amount. For reference, a $100 transaction offered us a rate of 1.02 USD/USDT, which was actually far better than Bitget’s direct rate of 1.0656 USD/USDT for the same $100 transaction.
Bitget Withdrawal Methods
Payment Method | Accepted Fiats | Fee | Processing Time |
SEPA Transfer | EUR | 1 EUR | Instant – 2 working days |
Bank Transfer | BRL | 2.6 BRL | Instant |
Debit/Credit Card | N/A | N/A | N/A |
P2P | 70+ currencies | Vary by merchant | Instant |
Apple/Google Pay | N/A | N/A | N/A |
E-Wallets | N/A | N/A | N/A |
Bitget does not charge any fees for withdrawals via P2P. Most merchants will charge more for withdrawals than they do for deposits. When using one of the directly supported methods, there is a small withdrawal fee. However, for large withdrawals, I’d still recommend this option despite the fee.
Bitget Daily Withdrawal Limits
Method | Availability | Daily Withdrawal Limit (Crypto) | Daily Withdrawal Limit (Fiat) |
Crypto (USDT) | Yes |
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Cash/Fiat (USD, EUR, etc.) | Yes | €15,000 for verified users only | €15,000 for verified users only |
ACH Cash | Yes | €15,000 for verified users only | €15,000 for verified users only |
All withdrawals require you to have passed KYC verification, with crypto withdrawal limits depending on your VIP level.
Base users at VIP 0 can withdraw 3,000,000 USDT daily, which is more than Bybit allows but less than Binance. Daily fiat withdrawals are also capped at €15,000 or equivalent, which is significantly less than the $50,000 daily limit on Binance. This means that if you are looking to make a large fiat withdrawal, you may need to spread it out over time.
Customer Service
Bitget provides 24/7 customer support in 15 languages through live chat and email. When initiating a live chat, you first interact with a chatbot that attempts to direct you to relevant FAQ pages. However, if you persist, the bot will connect you with a human agent. Additionally, there is an extensive FAQ section that covers over 80 common questions. Overall, Bitget’s customer service offerings are comparable to other top exchanges like Binance and Kraken.
Live Chat | Phone | Languages | |
24/7 | N/A | 24/7 | 15 – English, French, Spanish, German, Dutch, Portuguese, Russian, Ukrainian, Simplified Chinese, Traditional Chinese, Japanese, Turkish, Vietnamese, Arabic, Bahasa |
Bitget Customer Service Test
To evaluate the quality of customer services for diverse user needs, we created a unique trading test. We personally contact support using all available methods and present hypothetical problems that users might face. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. This method effectively measures the capability of customer support to assist both active traders and casual investors.
During my testing, after requesting to speak with a human agent, I was connected to a real person within 2 minutes. However, when I asked our standard set of questions, the agent didn’t attempt to answer them. Instead, they took my email address and informed me that I would receive a response in 24-48 hours, which was disappointing. In contrast, customer service agents from other exchanges we have reviewed, like Binance, Bybit, and Kraken at least made an effort to provide immediate answers.
After being told to expect a response within 24–48 hours, I was very disappointed to receive a reply only after 8 days. While the email addressed each question, the answers lacked the depth and detail I’d received from exchanges like Binance or Kraken. Waiting over a week for responses to basic questions was a major letdown.
Overall, my experience with Bitget’s live chat was extremely disappointing. Despite the comprehensive FAQ section, the live chat fell short, which means I have to rank Bitget’s customer support lower than competitors like Binance and Kraken, whose agents provided a higher level of service. Waiting over a week for a response is unacceptable for a top-tier exchange, and it’s an issue Bitget should address urgently.
FAQ
Is Bitget trustworthy?
Based on our research, we consider Bitget a trustworthy and secure platform due to its transparency and security measures, including a $400 million Insurance Fund. However, it’s important to remember that most cryptocurrency exchanges are unregulated, so no exchange is entirely risk-free.
Can US Citizens use Bitget?
Bitget does not accept residents of the United States.
Has Bitget ever been hacked?
Bitget has never experienced a security breach or loss of customer funds throughout its operational history.
Does Bitget require KYC?
Yes, KYC verification is mandatory on Bitget.
Can I use leverage or margin trading on Bitget?
Yes, Bitget offers up to 10x leverage on margin and 125x leverage on derivatives.
Is my money safe on a cryptocurrency exchange?
Bitget maintains 1:1 reserves of all customer funds with fully transparent Proof of Reserves and monthly audits. The exchange also maintains an Insurance Fund valued at over $400 million to protect customers if any extreme scenarios occur.
Is the exchange regulated?
Bitget is currently not regulated or licensed in any jurisdiction.
Does Bitget offer any bonuses, welcome offers, or referral rewards to its users?
Bitget currently offers up to 6200 USDT in bonuses for new users who register, deposit funds, and start trading. However, strict requirements must be fulfilled to be eligible for these bonuses. Join Bitget using our affiliate link.
BitgetFeatures
Payment Method
Exchange Details | Info |
---|---|
Headquarters Country | Singapore |
Foundation Year | 2018 |
Type | exchange |
Trading Allowed | Yes |
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