Bitget Review : Trusted Crypto Exchange For High Volume Trader

About Bitget Exchange

Launched in 2018, Bitget Exchange provides comprehensive and secure trading solutions to our global userbase. With a core focus on social trading, Bitget has amassed over 8 million users, 1.1 million followers, and 55,000 professional traders from more than 100 countries around the world.

Bitget is ranked in the top five globally by CoinGecko for derivatives trading by volume, and has generated over US$100 billion in trading volume in 2021 alone. Bitget has low transaction fees, unique features that benefit traders, and a solid regulatory basis. If you’re looking for an exchange with a lot of features, Bitget is a solid choice. Just remember: the crypto industry is volatile and high-risk, no matter how excellent the platform on which you are trading.

Information Table

How To Register At Bitget Exchange ?

To register on Bitget , click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your Bitget Account ?

There is no mandatory verification at Bitget , but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 2 BTC per day. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Bitstamp, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Bitget Crypto Exchange ?

There are two main options for topping up your balance on Phemex. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Bitget Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Bitget Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Trading Fees

The exchange assesses a trading cost each time you place an order. The trading charge often represents a portion of the trade order’s value. Takers and manufacturers are frequently split apart in transactions. The people who “take” an existing order from the order book are known as takers. Making liquidity on the platform occurs when makers add orders to the order book.

At Bitget, spot trading is free as of September 6, 2022, and will remain so until further notice. 0%, whether you are a maker or a taker. Incredible gift.

For the contract trading, takers pay 0.06% and makers pay 0.02% (recently lowered from 0.04%).  To understanding, you will only receive discounts to the trading fees by holding BFT-tokens when you spot trade, not when you engage in contract trading.

Bitget Withdrawal fees

Bitget charges a withdrawal fee of 0.0006 BTC per BTC-withdrawal. This fee is slightly above the global industry average. The current global industry average is 0.00053 BTC per BTC-withdrawal.

Deposit Methods

In addition to depositing cryptocurrency to the platform, Bitget also lets you deposit fiat currency, but only via wire transfer (not credit card or debit card). Seeing as fiat currency deposits are possible at this trading platform, this platform qualifies as an “entry-level exchange”, making it an exchange where new crypto investors can start their journey into the exciting crypto world.

Features Of Bitget Crypto Exchange

Excellent Customer Service

Bitget offers its investors 24×7 multilingual online customer support. Also, it provides one-on-one support for its VIP customers and has reward centers for the crypto community.

Lucrative Derivatives Trading

Bitget exchange offers a self-developed trading pairs system for its traders. It has numerous one-of-a-kind derivative products and ranks in the top 6 crypto exchanges by its trading volume.

Global Compliance Operations

Bitget exchange has obtained licenses from Canada, Australia, and the US. This exchange has solid regulatory standards and has been listed on CoinGecko and CMC.

Become Bitget’s Business Affiliate

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Up to 50% daily commission

Up to 5,000 BGB bonus for 3 months

Up to $3,000 monthly bonus from referrals’ sign up

Available At Android & IOS Store

Bitget exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading .

Top Security

Bitget protects the assets of investors in separate cold and hot wallets. According to their website, they have been awarded 12 A+ scores at SSL Labs. Investors can enable two-factor authentication before they are permitted to deposit money into the cryptocurrency exchange.

Mind Blowing Design

They’ve done a great job with making the homepage easy to navigate. The only drawback is that, with the white background, it can be hard on your eyes. Other than that, you’ll find their charts and trade tools easy to use if you’re already familiar with Tradingview.

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Conclusion

The Bitget exchange is listed on sites like CoinGecko and CoinMarketCap. You’ll find high trading volumes, especially for futures. With a premium account, you can save a lot of money when buying it for one year; at the same time, all commissions for spot-trading will be waived. If you’re unsure about anything, there’s always a test platform that offers virtual assets. On Phemex, the user doesn’t have to go through any verification; however, we recommend it if you want full functionality and many bonuses.