Bitget is a Singapore-based cryptocurrency exchange, with Sandra Lou as CEO and Intae Song as Chief Sales Officer. It offers a wide range of cryptocurrencies and tokens that may be exchanged on the spot or in futures markets, and there are no trading fees. It has regulatory accreditation in Canada, the United States, and Australia, making it a trustworthy exchange.
Its exchange is available on both desktop and mobile platforms, with a simple sign-up process. It also provides clients with copy exchanges, amazing rewards, and necessary expertise. In essence, copy-trading allows traders to generate passive money by following automated trading. By tracking their trading performance and total profitability over time, you can choose master traders to copy. Bitget’s trading platform is compatible with the majority of popular devices and platforms. This Bitget review will teach you all you need to know about the service before you sign up.
What is bitget
There are over 2 million registered users throughout the world and a 24-hour transaction volume of $5.6 billion. It was rated #3 in the world in terms of daily average future trading volume in January 2022, thanks to its highlighted product, Coin-Margin futures, which reached an all-time high volume of trade of $7.82 billion.
While the platform offers cheap fees for both spot and futures trading, derivatives trading is the firm’s major focus. A derivative is a financial product based on the price at which a financial asset, such as a bond or stock bond, will be liquidated. The exchange has gained licenses from the United States, Canada, Australia, and Singapore, allowing traders from those countries to trade legally.
Both IOS and Android users can download the Bitget mobile app. Choosing the finest cryptocurrency trading platforms is difficult, and the purpose of this Bitget review is to make the process easier for you.
How does Bitget work
Bitget offers spot trading, derivatives, and copy trading in addition to spot trading. Customers can choose from a variety of options depending on their preferences. Perpetual future contracts, which are basic contracts for difference and a common derivative technique in cryptocurrency trading, are used in Bitget Futures trading.
Leverage refers to a person’s ability to invest more money than they have in their bank account. Bitget offers 125x leverage on trading pairs like USDT/BTC, which means a user may open a position worth 100 times their initial deposit. As a result, even the tiniest movement against their Bitget account will liquidate the position, preventing the user from accessing their assets.
Exciting features on Bitget
The following are the key features of Bitget:
Innovative products
It is a well-known platform with a reputation for providing new goods that allow customers to trade without having to convert tokens. It is also one of the top futures exchanges that support the USDC margin and allows one-click copy trading.
Industry-leading security
The majority of Bitget user evaluations state that the service provides risk management through the separation of cold and hot wallets and that it has received 12 A+ ratings from SSL Labs. Qingsong Cloud Security, Armors, HEAP, and Suntwin Technology all contribute to the security of this cryptocurrency exchange platform.
Excellent customer service
Bitget provides multilingual online customer service to its investors 24 hours a day, seven days a week. It also offers one-on-one service to its VIP customers and has crypto community reward centers.
Lucrative derivatives trading
Bitget exchange provides its traders with a self-developed trading pairs system. It offers a variety of one-of-a-kind derivative products and is one of the top six cryptocurrency exchanges in terms of the trading volume.
Global compliance operations
Canada, Australia, and the United States have all granted Bitget exchange licenses. This exchange meets stringent regulatory requirements and is listed on CoinGecko and CMC.
Lower trading fees
Bitget charges 0.1 percent for both takers and makers of spot market deals. When costs are paid in Bitget’s native token, BGB, the rates are decreased to 0.08 percent.
Top Security
Bitget keeps investors’ funds separate in cold and hot wallets. SSL Labs has given them 12 A+ marks, according to their website. Before depositing money into the bitcoin exchange, investors must establish two-factor authentication.
Conclusion
Bitget has established itself as one of Asia’s leading cryptocurrency exchanges, promising “better trading, better life” to its consumers.
If you want an exchange with a large number of micro-market currencies and the ability to copy trade, Bitget is a fantastic choice. The platform aspires to offer a fair and comprehensive trade environment. Bitget meets all of the trading needs of both novice and experienced traders. An easier approach for the security settings the exchange has in place to safeguard the safety of its clients will benefit the exchange.
The exchange stands out as a one-of-a-kind exchange thanks to its numerous features and unique futures trading platform. The platform’s simplicity and cheap fee make it suitable for anyone interested in learning how to trade and buy cryptocurrency.
