Bitget Review

 Review of Bitget - Trading Fees & Cryptos (2022)

Bitget Review 2022

The Bitget cryptocurrency exchange is a new addition to the ever-growing list of cryptocurrency exchanges. Take a closer look at Bitget and see if it's worth your time.

What exactly is Bitget?

Bitget is a cryptocurrency exchange established in Singapore in 2018. More than 2 million people around the world use Bitget's trading strategies. In addition to being regulated, Bitget has an average daily trading volume of nearly 365 dollars.

Bitget traders enjoy world-class security and very competitive trading costs. Additionally, it offers more than 250 cryptocurrency assets, including Bitcoin and Ethereum, two of the most well-known tokens.

Bitget Exchange review | Key Features

Let's take a review of some of the most significant aspects of the Bitget exchange.

Spot Trading

Bitget offers 100x leverage for more than 200 trading pairs. Spot pairs do not offer margin trading. All cryptocurrency traders can benefit from Bitget's lightning-fast execution and TradingView charts.

Futures Trading

Leverage up to 100x is available for isolated and cross-based positions. In addition to market and trigger orders, Bitget also offers trailing stop orders.

Bitget Launchpad

With Launchpad, even the common user can participate in promising blockchain projects.

Copy trading

By copying other traders' trading strategies, users increase their chances of success.

Quanto Swap Contracts

Crypto assets can be used as collateral when trading cryptocurrency on margin. By doing this, you can profit from high-value coins and avoid conversion fees.

Bitget earn

With BitGet Earn, traders can passively earn money from their cryptocurrencies. There are only two items that can be purchased with Earn, the native token BGB.

Bitget Savings

This feature lets traders deposit coins and flexibly earn a daily income. The savings APY is 1.1% for BTC and 5.6 percent for DOT, with five assets supported.

Bitget GroupCoin

Traders can purchase featured cryptocurrency at reduced prices using this feature. Participation by more people is also more profitable.

Bitget Strategic Trading

The platform allows cryptocurrency traders to implement and manage grid trading strategies that are passive to grid trading.

Bitget Strategic Trading

Bitget Token (BGB)

The BGB token represents the native currency of the exchange, ERC20. In BGBs. These are the purposes for which it is used:

• Trade fees are reduced by 15 to 20 percent
• It is possible to stake an APR of 6%.
• Compatible with the Earn program. Compatible with the Earn
• Used to calculate contract margins in trading contracts.
• 15% discount on BGB Margin-free Futures Trades
• to secure partners for potential as well as launchpad events.

Security

Bitget is a safe and controlled platform that has numerous licenses across the globe. Here are some security features available here.

• Cold storage offline
• Qingsong Cloud Security, Armors, and HEAP are supported by Suntwin Technology
• 2FA is required for account modification withdrawals, logins, and for logging in.
• Whitelisting of withdrawal addresses
• SSL Labs awarded 12 A+ rating

Bitget Exchange review |Fees

Deposit fees aren't charged by Bitget, but all crypto transactions are subject to a 28% fee. For spot trades, Bitget also charges a 0.1 percent fee. For futures trades, makers pay 0.2 percent, takers pay 0.065 percent, and makers and takers pay 0.2 percent. Depending on the currency of the exchange, Bitget also charges reasonable withdrawal fees. For each withdrawal of BTC, Bitget charges a fee. The amount is 0.0006 Bitcoin.

KYC and Account Verification

Creating an account with Bitget does not require you to sign KYC requirements. In contrast to other exchanges, Bitget offers a wide range of options that are not KYC-free. A non-KYC-free account can trade, deposit, buy, and withdraw up to 20 BTC per hour. If you want to go over this limit, KYC verification is required.

Bitget Exchange review | Mobile App

Bitget mobile provides the majority of features available on the web-based platform. The user interface and user experience are also powerful and user-friendly. With an average score of 4.8, it can be found on both the Android Google Play Store and the Apple App Store.

Rewards Program and Affiliate Program

By joining the affiliate program, users can earn 10 USDT or 10 BGB. After they sign up and make a trade using the referral link. With the reward program, you can also earn up to $500 per referral.

Platform Design and Usability

Platforms for mobile and web were designed with users' needs in mind. Their user interface is simple and user-friendly. Additionally, TradingView's charting functionality improves the platform's performance and user-friendliness.

Deposits and withdrawals

Due to the lack of offramps for fiat currencies, only crypto deposits and withdrawals are possible. With a range of crypto currencies available, you can convert crypto into over 40 fiat currencies and pay no conversion fees. Customers can use debit or credit cards, as well as Apple Pay, Google Pay, and TransferWise.

Bitget Exchange review | Customer Support

Through chat and email, you will receive solid support in multiple languages 24/7. Additionally, it offers excellent education and self-help content.

Conclusion

The Bitget cryptocurrency exchange provides its customers with a variety of trading options that are profitable for them. Furthermore, it provides a wider range of options, is reliable, easy to use, and offers outstanding customer service.

Even though it isn't the most lucrative cryptocurrency exchange, investors can benefit from its unique features. Make sure you do your research before choosing Bitget.

FAQs

• Is Bitget secure?

Bitget is a secure, controlled exchange that holds multiple licenses across the world. Bitget also offers offline cold storage as well as A+ ratings by SSL Labs.

• Is Bitget beginner friendly?

Bitget is simple to use however, it has more complex trading options. OKX is the better option for those who are new to trading.

• Do I have the ability to trade with Bitget without KYC?

You can purchase or sell, and withdraw up to 20 BTC per hour with no KYC. KYC confirmation is needed if you want to withdraw more than 20BTC.

Bitget Mobile App