Bitget Crypto Exchange: review for traders

Attention! This article is for informational purposes only and does not contain recommendations or calls to action.

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Bitget crypto exchange was founded in 2018. It is the official partner of the Juventus football team. One of the largest centralized sites. Supports derivatives and OTC market. According to CoinMarketCap, Bitget is the 8th largest cryptocurrency exchange. The daily trading volume of derivatives on the site exceeds $7.6 billion on spot - $474 million. The project covers 46 regions with more than 1.6 million registered users.

26 currencies are available for trading, the number of trading pairs is 37. The platform contains spot and futures markets. The focus is on derivatives. TradingView technical analysis platform is integrated into the exchange interface.

There is one general USDT account on Bitget for trading all derivative assets. (One of the features of the exchange). By doing this, developers reduce risks and make trading accessible.

Account deposit feature is implemented through a crypto wallet. The buying of digital assets is possible with a card of any bank. It is possible to deposit with fiat, but only by bank transfer.

Funds could be withdrawn only in cryptocurrency to an external wallet or by internal transfer to another user. There is no internal transfer fee.

A characteristic feature of the Bitget.com trading platform is copy trading (copying trades of successful traders).
The rules for copied traders as follows:
1. Only one day you can hold more than 10 unprofitable positions or more than 3 bilateral positions.
2. At least one trade per week is required.
3. It is forbidden to guarantee profit to subscribers.
Bitget is available in 13 languages. There is a mobile app and a desktop version of the website.

Bitget cryptocurrency exchange offers leveraged spot and derivatives markets.
The derivatives market is divided into USDT-M and COIN-M. Derivatives trading is implemented through the Single Accounts feature in USDT. All contracts have common parameters: account balance, losses and profits, leverage, risk.
The maximum leverage is 125x. The amount of leverage varies depending on the cryptocurrency.

You can trade futures in cross margin and isolated margin mode. The site developers provide a demo account. Trading with virtual funds allows you to choose a comfortable instrument and test your trading strategy in a risk-free environment.

The copy trading function allows you to receive passive income. The user will make a profit by subscribing to the profiles of professional traders and copying their trades. The amount of profit is equal to 10% of the profit of professionals.

The Bitget feeis calculated on a maker/taker basis. We review maker/taker system in detail in the Binance fees article.

Fees vary depending on the market of the trading platform:

● The base spot market fee for maker and taker is the same - 0.1%. Payment with your own exchange token BGB gives a 20% discount;
● Futures base fee: maker - 0.02%, taker - 0.06%.

Fees are not charged while deposit. For the withdrawal of funds, the fee is individual for each cryptocurrency.
You can find a detailed overview of Bitget trading fees here.

You can deposit Bitget through your wallet by selecting the coin. The minimum deposit amount is 0.001 BTC. Cryptocurrencies could be purchased from a card of any bank.
Funds could be withdrawn in cryptocurrency to the wallet. An internal transfer to another user is available.
Withdrawal limits:
● For unverified users: 0.1 BTC;
● For verified users: 200 BTC

The Bitget platform has a reliability rating of 10/10 according to CoinGecko. The exchange values its reputation and maintains a high status, acting as a partner of FC Juventus. The platform offers a range of various instruments for trading and passive income. Users note high liquidity for traded pairs and amount of fees.

Bitget cryptocurrency exchange is suitable for both intraday trading and medium-term trading. The focus is on derivatives trading. The copy trading function increases the popularity of the crypto platform.

Generally, the exchange is suitable for both beginners and experienced traders.
You will find more cryptocurrency exchanges in our article.