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Bitget Review 2024 – The BEST Crypto Exchange?

Updated

Bitget Overview

Bitget was launched by Sandra Lou in 2018. The crypto exchange quickly became a popular platform, with over 25 million users as of 2024. Currently, Bitget headquarters are located in Singapore.

Read our full Bitget review to learn everything you should know before signing up on the platform.

 

Bitget Pros & Cons

✅ Bitget Pros ❌ Bitget Cons
Very user-friendly Not available in the US
690+ supported cryptos Only supports 5 fiat currencies
Low fees
125x leverage
24/7 live chat support

 

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Bitget Overview

 

Bitget Products & Services

Bitget is one of the largest crypto exchanges with tons of products and features. Traders can access spot and futures trading for over 600 assets. For capital efficiency, Bitget offers up to 125x leverage.

One of the most popular products on Bitget is the copy trading feature, which allows you to automatically copy the trades of experienced traders.

Aside from crypto trading, Bitget users can access passive income products such as staking, lending, and more, with APYs of up to 19%.

If you don’t own cryptos yet, you can easily deposit funds on Bitget using your credit/debit card or bank transfer.

Bitget users with an audience can join the referral or affiliate program. By inviting new users, they can earn over 40% commissions from their invitees’ transaction fees.

For mobile users, Bitget offers an app. The app is available for Android and iOS phones with a 4.4/5 star rating.

 

Bitget Trading Features

Spot Trading

Bitget offers spot trading for over 690 different coins. Overall, Bitget is very well-designed, user-friendly, and works smoothly. This enhances the trading experience on Bitget.

Bitget Trading

 

Futures Trading

Bitget offers futures contracts trading for over 300 different cryptos. The maximum leverage is 125x on selected assets such as Bitcoin or Ethereum.

What we love about Bitget is its well-designed interface, which ensures a seamless trading experience for beginners and professionals alike.

Futures Trading

 

Copy Trading

Bitget offers crypto copy trading for the spot and futures market. You can analyze the historical performance of experienced traders. With just a few clicks, you can set up a copy trading account, which automatically takes the exact same trades as your selected trader.

Copy Trading

 

Bitget Fees & Costs

Spot Trading Fees

Bitget spot trading fees start at 0.1% maker and 0.1% taker. By holding the native Bitget Token (BGB), you get a 20% fee discount, lowering your fees to 0.08% maker and taker.

Spot Trading Fees

 

Futures Trading Fees

Bitget futures trading fees start at 0.02% maker and 0.06% taker. The native BGB fee discount doesn’t apply to futures trading.

Based on your monthly trading volume, you can reduce your Bitget trading fees to as low as 0.008% maker and 0.032% taker.

 

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Bitget Deposits & Withdrawals

Deposits

Bitget supports multiple networks for crypto deposits without fees, including:

  • TRC20
  • BEP20
  • ERC20
  • TIA
  • SOL
  • DYM
  • And many more

 

For fiat purchases, Bitget supports 40+ fiat currencies, including EUR, GBP, or USD, through multiple payment methods:

  • Credit/Debit card
  • Bank transfer
  • Google and Apple Pay
  • P2P Trading

Fiat deposit fees range from 1% to 3% based on your fiat currency and payment method.

 

Withdrawals

Bitget supports multiple networks for crypto withdrawals, including:

  • TRC20
  • BEP20
  • ERC20
  • TIA
  • SOL
  • DYM

The Bitget withdrawal fees are dynamic and are based on the respective network capacity. Some cheap options are TRC20 and BEP20, which cost around $1 per transaction.

For fiat withdrawals, Bitget supports EUR, BRL, and TRY via SEPA transfer, PIX transfer, and HAVALE/EFT transfer. The fees are 1€.

 

Bitget Customer Support

Bitget offers 24/7 live customer support via live chat. The average response time is 3-5 minutes. Overall, Bitget staff seems to be knowledgeable and helpful.

Additionally, Bitget offers email support and a comprehensive self-help center.

 

Bitget Security

Bitget has a $400 million security fund, which is meant to cover customers in black swan events like hacks or exploits.

Additionally, Bitget stores customer funds in multisig cold storage wallets. While we consider Bitget to be a secure crypto exchange, we advise you to store your cryptos in a personal wallet.

Bitget Security

 

Bitget Signup & KYC

Bitget requires KYC verification. Without KYC verification, you can not use Bitget. In order to verify your identity, you must submit personal details:

  • Personal Details
  • Government-issued ID
  • Selfie
  • Proof of address

Higher KYC levels unlock all features and higher withdrawal limits on Bitget.

 

Bitget Review Summary

Bitget is a great crypto exchange with tons of products, features, and services. What we love most about Bitget is its user-friendly design and the copy trading service where you can earn passive income by following experienced traders.

On top of that, Bitget offers low fees and deep liquidity, ensuring a smooth trading experience.

The 24/7 live chat support is reliable and quickly assists when encountering an issue. Overall, we consider Bitget to be a top choice for crypto traders.

 

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FAQ

Is Bitget legit?

Yes, Bitget is a legitimate crypto exchange with over 25 million users.

 

Does Bitget require KYC?

Yes, Bitget requires KYC verification. Without identification, you can not use Bitget.

 

Is Bitget available in the US?

No, Bitget is not available to US citizens due to regulatory issues.

 

What are Bitget fees?

Bitget spot fees are 0.1% for makers and takers. Bitget futures fees are 0.02% maker and 0.06% taker. You can also hold the BGB token for additional fee discounts.