Bitget Exchange Review: Super Easy Copy Trading With Bitget Exchange

In the crypto space, Binance, Coinbase, and KuCoin are titans in the industry. They’ve served us well over the years. But Bitget Exchange aims to shake things up a bit by coming up with an innovative solution for their exchange. I’m pleased to bring you this review on Bitget Exchange.

TL;DR – If you’re looking for more information on Bitget Exchange, we can help! We’ll walk you through what to expect from the platform, including how it is both regulated and reputable. It’s one of the best platforms that offer copy trading, which is great for those who want to learn but don’t want to make all their decisions on their own. You might also be interested in learning more about futures and spot trading – Bitget Exchange offers both these features. However, there are some downsides to this platform. It doesn’t have many crypto deposits or withdrawals, it doesn’t have a lot of earning opportunities, and it could benefit from having more assets offered.

What Is Bitget Exchange?

One challenge that cryptocurrency traders tend to face is finding a platform with the right features to meet their needs. Bitget Exchange solves this problem by offering over 250 spot trading pairs and derivatives trading, along with other features like strategic trading and copy trading. Bitget Exchange has seen increasing adoption and rapid growth as they provide an innovative solution to what cryptocurrency traders are looking for.

Source: Bitget

The motto on their website is interesting, “Better Trading, Better Life.” I plan on finding out if they live up to this bold claim by checking out what they have available. Bitget Exchange was established in 2018 and remains one of the newer entries into the crypto market. They provide consumers with a way to purchase cryptocurrencies with over 42+ fiat currencies through payment partners such as Simplex and Banxa and others.

With over 1.5 million users located all across the world and the exchange located in Singapore, Bitget Exchange is one of the largest exchange. They’ve done an outstanding job at keeping global regulators happy by acquiring multiple licenses and fulfilling the necessary requirements for operating in most countries. When you think of a safe and sound exchange, Bitget Exchange should be your first choice.

Bitget Exchange has a daily trading volume of around $365 million, though there was a time when volumes peaked at around 10 billion during the bull run. Customers can rest easy knowing that the platform follows industry-leading security practices and is currently ranked #53 on CoinMarketCap for the trading volume. Bitget Exchange’s ranking in futures trading has fluctuated over time, sometimes reaching as high as 5th.

Source: Bitget

The Bitget Exchange has also several new partnerships and sponsorships. Some of its most noteworthy collaborations include sponsoring Italy’s oldest and most established football team, Juventus F.C., as well as partnering with the PGL Major, which is an eSports competition, and in 2022 they went on to partner with Turkey’s leading football club, Galatasaray F.C.

Source: Bitget

Great! Now that we know a little about the Bitget Exchange, let’s learn more about some key features. If you’re considering this crypto exchange, here’s what you need to know.

Bitget Exchange Summery

Spot Cryptocurrencies Listed230+
Fiat Currency Support40+
Native TokenBGB
Deposit/WithdrawDeposit: Only Crypto
Withdrawal: Only Crypto
Buy Crypto: Debit/Credit Card, Google Pay, Apple Pay
KYC/AMLKYC must have to purchase crypto, access copy trading, and reach higher withdrawal limits above 200 Bitcoins
RegulationBitget Exchange United States-MSB License Money Services Business FinCEN, U.S. Department of the Treasury, Australia Digital Currency Spot License (DCE): AUSTRAC, Canada MSB License Money Services Business: FINTRAC and holds additional licenses and is compliant in Brazil, Europe, Russia, India, Vietnam, Singapore, Philippines, Japan, and Korea
FeesHighest: 0.1%/0.1%
Lowest: 0.08%/0.08%

Spot Trading With Bitget

Bitget Exchange offers an impressive selection of over 200+ pairs. They don’t offer margin trading, which they announced on their blog, but they do offer up to 100x leverage on futures trading.

Source: Bitget

Anyone who has used other crypto trading platforms will have a smooth transition using our spot trading interface. It’s well-designed with easy navigation, and I found the execution to be lightning-quick, this is essential for avoiding slippage issues.

The charting screen is powered by TradingView, which, if you are a crypto trader, is the best tool for trading. It gives you everything you need to make tactical decisions without having to switch screens. Our traders use TradingView because it’s advanced enough and popular enough to meet their needs.

If you’re looking for a step-by-step Guide on how to trade and learn technical analysis, then be sure to check out our blog section Market Analysis on How to Perform Technical Analysis.

Futures Trading With Bitget

Bitget Exchange offers a variety of futures, including USDT-M Futures, USDT-M Demo, Coin-M Futures, and USDC Futures. It also offers Simulated FUTURES, which let you experience trading without any risk.

Source: Bitget

Leverage is available for trading futures, with a range depending on the pair. There are two position modes, which is the Cross and Isolated mode.

When you trade with Bitget Exchange, there are three order types available. Limit, Market, Trailing Stop, and Trigger-via trigger or post only.

The futures charting screen is also powered by TradingView, so you don’t need to worry about any missing features or functions. I like how they step away from the complexity of trading to make it easier for the user. For example, if you want to view your margin ratio, account information, Futures information, and analytics, it’s easy–they’re neatly tucked away on the side of the Bitget Exchange screen.

Trading with leverage is extremely high risk and is a tool best used by professionals. The Coin Bureau does not recommend using high leverage. Be sure to fully understand the risks of leverage before utilizing the feature.

Copy Trading With Bitget

Traders and investors are finding a lot of success with platforms like eToro, Avatrade, and Zulu Trade that offer copy and social trading features.

I’ve found that there aren’t very many crypto exchanges with copy trading, but is one of my favorites that I’ve come across in my research. Bitget Exchange is also making big moves in this space, so keep an eye out for them as well.

Source: Bitget

Users on the platform can copy the trades of high-performing traders. It’s an excellent way to learn how to trade, and it can be a smart strategy for multiple groups of people trading together–especially for those with limited funds.

Bitget Exchange has been gaining popularity very quickly, with over 20,000 traders since its launch. It’s easy to use and has high activity, which makes it a favorite among many.

One thing you’ll notice about this section is the transparency of the traders. You can find the total profit, followers, return on investment, and assets under management for each.

Source: Bitget
Source: Bitget

Tip: When selecting a trader, it’s important to find someone who has the skill and expertise necessary to produce sustained success. Choose a broker who will be there for the long term, not just someone who wants short-term gains.

Bitget Exchange Launchpad

One that I like to use is Binance. They have a really cool launchpad on their site. Another one that I like is the Trader Joe DEX and Enjin exchange, as well as TrustSwap.

Source: Bitget

Launchpads are about more than trading. They’re about being an advocate for tomorrow’s awesome entrepreneurs. We give you the chance to invest in new companies before they go public, giving the average trader/investor a chance to make great returns on their investments.

Launchpads can be incredibly profitable, even when you buy the token at a discounted price. Think of some of the all-time digital highs from your favorite tokens during the height of the bull run. Now imagine that you purchased that same token for much cheaper. That’s what Launchpad investors dream about! As an example, take a look at some of the insane gains experienced by the projects participating in Binance Launchpad.

Binance Gets The License To Operate In Dubai, Which Will Allow it to Offer More Services

Source: Binance

Binance Exchange Review: Super-Easy Crypto Trading with Binance Exchange

Bitget Exchange Earn

The ability to earn passive income by holding crypto has become a cornerstone of our industry. The most popular exchanges all have some sort of an earn section.

Compare this to platforms like Binance that have hundreds of different earn products, ranging from low-risk to high-risk for hundreds of different assets.

Here’s my first major criticism of the platform. For a while, I couldn’t find anything to spend my earnings on. It turns out the only ways to spend the BGB token are with these two products, and they’re both sold out.

Source: Bitget

Bitget Exchange is a very new crypto platform, and it doesn’t have a lot of development to compete with just about every other crypto platform which has more robust earning features. This certainly wouldn’t be a good choice for me if I wanted APY on a wide variety of tokens.

Bitget Exchange Saving

Bitget Exchange has a savings section that allows you to deposit crypto and earn daily interest. This makes up for the lack of an earnings section, which is not as good as it could be.

Source: Bitget

Savings rates depend on your assets and for the BTC, you should expect about 1% APY. However, if you invest in DOT you could earn up to 5.6% APY. There are only five investment assets available with this program.

Bitget Exchange Strategic Trading

Bitget Exchange offers a feature called “strategic trading,” which is available for both Spot and Futures markets. A grid trading strategy, which is a passive investing style, can be managed and executed with our automated grid platform.

With grid trading strategies, a pre-determined set of instructions will open and close trades at predetermined times. It’s essentially “hands-free” trading.

I have extensive experience with grid trading strategies, and I will tell you from my own personal experience that this style of trading is extremely dangerous. There’s no way around it. I’ve designed and tested hundreds of different auto-trading algorithms, including many grid trading bots, and I’ve seen hundreds of traders lose their accounts using the same strategy.

Although these tools can be a good solution for some, they are not something I am personally a fan of. They are most effective when used by experienced traders who know more about the market and how timing is integral to an auto trading strategy. For me, people who don’t understand have a tendency to use this without realizing there are seriously good times and bad times for it.

Source: Bitget

Grid trading is best suited to experienced traders who are familiar with the price levels in their market and know how grid trading works. Grid trading is not a strategy suited to traders during strong, single-direction trends because it gets blown apart. Before you use live capital on it, make sure you thoroughly research and understand how grid trading works.

Bitget Exchange Fees

Bitget Exchange doesn’t charge any fees for deposits, but 2-8% will be charged by their purchasing partners on buys. That’s a lot of money! I recommend using another exchange that supports both bank deposits and withdrawals, then simply sending crypto to your Bitget Exchange account for trading.

Source: Bitget

Bitget Exchange operates differently from most exchanges when it comes to trading fees.

Spot Trading fees: Minimal fee of 0.1%

Futures Trading fees: Maker – 0.02%, Taker – 0.06%

Traders who choose to pay fees with BGB tokens can reduce their trading fees by up to 20%.

Get in on the copy trading game with no fees. Take 10% of any profits for yourself if your copy trading account does well.

The fees for withdrawing cryptocurrencies depend on the network you choose and the type of coin you’re trying to withdraw. You can find the information on our Bitget Exchange Fees Page.

Bitget Exchange Mobile App

Instead of buying arenas or paying for celebrity endorsements, it’s great to see that Bitget Exchange put some time and money into creating a useful app that works on IOS and Android.

The mobile application also allows traders to monitor their account activity, view analytics and reports, access customer service, and more. The app is available for download on the App Store and Google Play.

I found the app to be great. It was easy to use and navigate, the UI/UX was pleasant, and I could find nothing wrong with it. My opinion is effectively mirrored by the 4.9 out of 5 rating on Google, and 4.7 out of 5 on the App Store across over 11k reviews in both places.

Source: Bitget

I found the app to be great. It was easy to use and navigate, the UI/UX was pleasant, and I could find nothing wrong with it. My opinion is effectively mirrored by the 4.9 out of 5 rating on Google, and 4.7 out of 5 on the App Store across over 11k reviews in both places.

Bitget Exchange Affiliate Program

One of the best affiliate programs I’ve seen is Bitget Exchange. They have a sign-up reward that pays really well and has a high potential for money-making.

To get started, users simply sign up, get their referral link, and send it over to friends and family. Then, they’ll be able to earn $10 USDT and 10 BGB once they’ve signed up and deposited.

You can earn additional rewards by referring people to the platform and having them complete certain challenges. The referrer can earn up to $500 per referral, which is a nice chunk of change.

You’ll not only be earning incredible rewards by signing up for our program, but we also won’t make you refer others to earn them.

To earn rewards, all users need to do is sign up and complete the challenges. They’ll earn points towards a reward of their choice based on tasks completed. For example, sign up for a new account and place a trade. You’ll get points for those two tasks that you can redeem for your favorite reward.

Bitget Exchange Customer Service Support

I love to poke and prod into every platform’s customer support. All the exchange websites say they have great customer support, but most of them completely lie about it.

As these exchanges generate millions of dollars in profit per year, there’s no reason for poor customer service. Customer service is so important in a world where money can be lost or gained with just a few clicks, especially for new traders who may not know what they’re doing. A simple glitch or issue can cost a business ton of money, as customer satisfaction is hugely important to the success of any company.

Bitget Exchange offers a 24/7 multi-lingual live chat with tons of helpful info FAQs, can be reached at support@Bitget

Bitget Exchange has an active online community on Telegram, Discord, and Reddit. While this is a good way to get answers to your questions and stay up-to-date with Bitget Exchange news and updates, you should be careful when posting any sensitive information. There are many scammers on these sites who will pretend to work for customer support and request personal information like login or recovery phrases from Self-Custodial products.

Bitget Exchange Security

Bitget Exchange is a licensed and secure platform with multiple licenses and regulations from around the world. This covers the most important aspects for any trader, so you can be confident in what we offer.

Bitget Exchange employs a multi-layer and multi-cluster system architecture. On top of that, they have implemented an elastic distributed system, which can automatically expand or contract according to the actual system load. This helps to ensure that the platform is able to handle large amounts of traffic without any issues. They also have a strict internal control mechanism in place to prevent any single person from having too much control over the platform. To further protect user funds, Bitget Exchange has implemented a risk control system that monitors real-time market changes and adjusts position limits accordingly.

Bitget Exchange is one of the top 10 exchanges on CER’s security score list. They get a CSS rating of 10 out of 10- making them a very secure exchange.

Although it’s not a great thing to see the platform drop to 40th place, it still has a 3-star rating and a BBB score, which is better than most. The fourth-best rating available is still a very secure platform.

The exchange’s bug bounty program rewards users with a cash prize if they manage to break the site. As for the customer, they can enable the following security measures on their account, 2-step verification, Password security features, Log alerts, and Whitelisting withdrawal addresses.

I think the team could do a better job of enhancing security. Most exchanges have features like IP whitelisting, time locks, and vault features. I hope they’ll upgrade their security in the future with more features like this.

Final Words

I’m really impressed with what Bitget Exchange is doing in the crypto space. They are definitely shaking things up, and I think their innovative approach is going to be a game-changer. I’m excited to see how they continue to grow and evolve over time. If you’re looking for a new exchange to try out, I would highly recommend giving Bitget Exchange a shot.

Frequently Asked Questions

Is Bitget a good exchange?

Overall, I would say that Bitget is a good exchange. They have low fees, a good selection of coins, and a pretty user-friendly interface. The only thing that I didn’t like was that they don’t offer 24/7 customer support.

Is Bitget better than Binance?

It’s hard to say if one exchange is better than another. Each exchange has its own unique features and benefits. However, what I can say is that Bitget Exchange is a good option if you’re looking for an innovative solution to your crypto needs.

Where is Bitget located?

Bitget is a digital asset exchange headquartered in Singapore.

Does Bitget require KYC?

Yes, like most major exchanges, Bitget does require its users to go through a KYC process. However, the process is quick and easy, and users can be up and trading in no time.

Farman Bangash

I have had a keen interest in the world of cryptocurrency and blockchain technology since 2013. My entrepreneurial drive led me to create CryptoGuideToday, a blog dedicated to providing comprehensive coverage of all things related to blockchain and cryptocurrencies. My goal is to educate and inform people about these technologies and provide valuable insights. I am a firm believer that self-education is crucial for achieving success in this field.

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