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Bitget Crypto Exchange Review for Traders

Bitget Crypto Exchange Review for Traders

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by Alexandra Smirnova

2 years ago


Bitget is a centralized cryptocurrency exchange (CEX) founded in 2018 and based in Singapore. It offers derivatives trading and an over-the-counter market. The platform aims to provide a secure and comprehensive solution for cryptocurrency investments.

Contents:

Bitget exchange

History of Bitget

Bitget is one of the largest cryptocurrency trading platforms, with over 8 million registered users worldwide and a daily trading volume of 10 billion USDT. The founders of Bitget, who had experience in traditional finance, discovered blockchain technology in 2015. They recognized cryptocurrency as a crucial element of the future, capable of benefiting even non-banking groups. Bitget was officially founded in 2018.

The developers strive to create user-oriented products that provide equal access to the blockchain-oriented future. They aim to inspire people to use cryptocurrency through simple yet powerful tools.

Values of the Cryptocurrency Exchange

Bitget focuses on the user, making decisions based on customer needs rather than competitor actions. They aim to earn the trust of customers by exchanging information openly and transparently. They view themselves as part of the crypto community and seek to create mutual benefits in each partnership for the sustainable growth of the industry.

The Bitget team consists of over 1300 employees from 60 countries, providing it with a truly global presence and offering various services, including VIP service, copy trading, futures trading, and spot trading.

Bitget exchange trade

Daily trading volumes on the platform:

  • Derivatives trading exceeds $7.6 billion;
  • Spot trading - $474 million.

The exchange actively deals with derivatives and offers integrated TradingView charts, as well as copy trading functionality. Trading on Bitget is possible without KYC verification; however, certain restrictions apply to non-verified users.

Bitget invites everyone to start their journey into the world of cryptocurrency and trade on an exchange trusted by millions of users.

The company collaborates with various partners to offer its users the best cryptocurrency experience.

Bitget Trading Markets

The Bitget spot market features over 200 cryptocurrency pairs. Supported order types include limit and market orders, as well as "trigger" orders such as stop-limit and stop-market. Cross-margin trading is available at up to 3x leverage, and isolated margin trading is available at up to 10x leverage.

Trading Type Description
Algorithmic Trading on Bitget Bitget offers algorithmic trading on spot and futures markets. Users can choose between two algorithms: grid and Dollar Cost Averaging (DCA).
Copy Trading on Bitget Bitget offers copy trading functionality, allowing users to replicate trades of other traders. This feature is available on both spot and futures markets.
Passive Earning on Bitget Bitget Earn is a set of tools for passive earning, including staking, Shark Fin, dual-currency investments, Launchpad, and Launchpool.

 

Bitget charges fixed trading fees for transactions. On the spot market, the fee is 0.1% per trade for both makers and takers. BGB token holders receive discounts of up to 20% on spot trading fees.

Bitget exchange trade

Users can deposit cryptocurrency into their Bitget accounts via exchanges using a bank card, transferring from another cryptocurrency exchange or wallet, or through the P2P platform.

Bitget is a reliable and regulated exchange that offers a wide range of products and features for investors and traders. It provides derivative and margin markets for active trading, as well as multiple staking options and other products for passive earning. It's a great choice for traders who want to trade various cryptocurrencies and use different strategies.

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