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BitGet Review 2024

9.08/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • ₮1
Trading platform:
  • Own platform
Trading features
  • BitGet is available for buying cryptocurrencies, spot trading, and trading futures contracts. As investment programs, a trade copying service and affiliate program are presented.
Updated:
9.08/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • ₮1
Trading platform:
  • Own platform
Trading features
  • BitGet is available for buying cryptocurrencies, spot trading, and trading futures contracts. As investment programs, a trade copying service and affiliate program are presented.
544*
people picked this broker on the Traders Union website over the last 3 months
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BitGet is available in United States
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Our Evaluation of BitGet

9.08/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
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BitGet is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 9.08 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by BitGet clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.

The BitGet cryptocurrency exchange is a platform for active traders and investors. The conditions of the company are suitable for both beginners and experienced market participants. BitGet has its own trading platform, and users can trade both through the web terminal and the mobile application. The amount of trading commissions is average for the market. To reduce them, you can use bonus funds that each user receives for registration, verification, and the first trade. There are no minimum deposit requirements, the exchange offers deposits exclusively in cryptocurrencies and sets different minimum values for each. For USDT (the rate to USD is 1:1), the minimum amount is ₮1. Deposits and withdrawals using fiat currencies are not provided. Among the investment programs, there is a service for copying trades, as well as the exchange’s affiliate program.

Brief Look at BitGet

The BitGet crypto exchange provides traders with the opportunity to trade in spot, futures, and cryptocurrency. Cryptocurrency is used exclusively as instruments at the exchange: BTC (₿), LTC (Ł) ETH (Ξ), USDT (₮) and others. Trades are carried out on the crypto exchange’s own platform, which is available as a web terminal and an application for mobile devices. BitGet's fees are lower than its competitors in the market, with maker fees of 0.02% and takers of 0.06%. The commission can also be paid with bonus funds that each BitGet client receives upon registration, verification, and a trading account replenishment. There are no fees for maintaining an account, but a commission is charged upon withdrawal, the amount of which depends on the cryptocurrency in which the withdrawal is made. For investors, BitGet offers its own service for copying trades, and it is available at the exchange and at an affiliate program. Novice traders can use demo accounts to hone their trading skills, but there are no educational materials on the website. The BitGet cryptocurrency exchange provides services on an international level and cooperates with traders from different countries.

Advantages of trading with BitGet:
  • availability of demo accounts;
  • convenient ways to contact the support service;
  • a wide range of cryptocurrencies for account replenishment;
  • service of copying trades for receiving passive income;
  • ability to reduce commissions using credits earned in the bonus program;
  • ability to engage in algorithmic trading;
  • the exchange uses hot and cold cryptocurrency wallets to store client funds.
Disadvantages of BitGet:
  • Deposits and withdrawals in fiat currencies are not available.
  • There are no educational materials for novice traders on the exchange website.

TU Expert Advice

Anton Kharitonov

Financial expert and analyst at Traders Union

BitGet is a fairly young cryptocurrency exchange that was founded in 2018. Within three years of active work, the company has entered the international market and at this moment, its capitalization is more than $1 billion. BitGet is available to global traders, its activities are licensed in 4 countries, and it has the right to provide financial services in 11 countries. Among the licenses, there is an MSB license from the USA and Canada, and a license to operate as a digital currency exchange (DCE) from Australia.

For traders, the BitGet exchange offers comfortable working conditions. The trading fee for the maker is 0.02%; for the taker, it is 0.06%, which is one of the lowest rates in the market. The commission size is the same for all trading instruments. The exception is spot trading, in which case the fees will be 0.1%. When registering, replenishing an account, and other standard operations, the exchange gives all users a welcome bonus, the maximum amount of which is $158. It can be used to pay commissions and thus reduce trading costs. In addition to active trading, the exchange provides an opportunity to receive passive income using the service of copying trades. Copy-trading at BitGet is actively developed and is one of the key areas of the company. A standard affiliate program is also available.

The crypto exchange has a proprietary trading terminal. BitGet clients can make trades both on a desktop computer and from mobile devices through its mobile application. The platform has basic functionality, which is enough for both novice and more experienced traders. In addition, demo accounts are available where you can practice or test trading strategies.

The BitGet trading terminal is stable. Security is ensured by the use of SSL protocols (rating A+), as well as hot and cold wallets for storing funds. The disadvantage of BitGet is the impossibility of replenishing an account in fiat currencies. However, it remains one of the most popular exchanges in the market, which are actively developing and expanding the range of services.

Trade with this broker, if:
  • You are an experienced cryptocurrency trader. Bitget offers advanced features like leverage, copy trading, and margin trading, which are best suited for experienced users who understand the risks involved. These tools provide experienced traders with opportunities to optimize their strategies and potentially maximize their returns.
  • You seek competitive fees. Bitget boasts low trading fees, especially for spot trading, and offers discounts for using their native token, BGB.
Do not trade with this broker, if:
  • You are risk-averse. Leverage, margin trading, and futures contracts involve significant risks of substantial losses, which should be avoided by risk-averse investors. If you prioritize capital preservation and are not comfortable with the high level of risk associated with these trading strategies, Bitget may not be suitable for you.
  • You prioritize trading on platforms with high liquidity to ensure smoother order execution and better pricing. In that case, you may prefer using more established exchanges over Bitget.

BitGet Summary

Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.

💻 Trading platform: Own platform
📊 Accounts: Standard, demo mode
💰 Account currency: Cryptocurrencies
💵 Replenishment / Withdrawal: Cryptocurrency wallets
🚀 Minimum deposit: ₮1 (USDT)
⚖️ Leverage: Up to 1:125
💼 PAMM-accounts: No
📈️ Min Order: From 0.001
💱 Commission: Fixed
🔧 Instruments: Cryptocurrency
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: No data
⭐ Trading features: BitGet is available for buying cryptocurrencies, spot trading, and trading futures contracts. As investment programs, a trade copying service and affiliate program are presented.
🎁 Contests and bonuses: There is a bonus program for completing certain tasks and a rebate program

Access to trading at BitGet opens after the user registers on the site. Also, the clients of the exchange can go through verification, for this, in the user's account, you need to upload a photo of identity documents and wait for the documents to be verified by the company, after which the account will be verified. Verification of identity allows you to expand the limits on the maximum withdrawal amount from ₿20 to ₿200. It is not necessary to verify your account to trade. You can increase your security level with two-factor authentication. The minimum replenishment amount depends on the cryptocurrency chosen and the transaction selected. Each cryptocurrency has its own minimum. When setting up an order, traders can choose the amount of leverage, at BitGet it varies from 1:1 to 1:125. If errors, problems, or difficulties occur, BitGet users can contact support via online chat or email for assistance. It works around the clock 7 days a week and the average response time is 5-7 minutes.

User Satisfaction

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Pro Elena Kazantseva
6 days ago
Social link Verified
Location VN Ho Chi Minh City
Dignity

Good conditions for futures trading

Shortcomings

Few payment systems

Hey guys, just sharing my thoughts on Bitget. I've been trying out their futures trading, and gotta say, it's got some perks. The dynamics with Stop Loss, Take Profit, and Leverage are better here compared to others. Managed to make some money using these features, but you really gotta study those charts well. However, I feel there's room for improvement, especially in P2P liquidity. Just my two cents here.

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Pro Muhammad Ali
4 weeks ago
Social link Verified
Location PK Islamabad
Dignity

The referral program is great.

Shortcomings

It sometimes glitches out.

I like to keep an eye on my crypto on the go, so the Bitget mobile app is pretty important to me. Most of the time it works fine, but sometimes it glitches out, especially when the market's crazy volatile. This can be stressful if you're trying to make a quick trade and the app freezes or something. Also, the charts on the app seem a little basic compared to the desktop platform. Would be nice to have more technical indicators and stuff for serious analysis on the go.

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Pro Saad Baloch
6 weeks ago
Social link Verified
Location PK Islamabad
Dignity

On a positive note, the support team was ultimately able to address my concern satisfactorily. However, I couldn't help but wonder if there could be a more streamlined process in place to handle such inquiries promptly.

Shortcomings

I believe incorporating a live chat option would greatly enhance the customer experience, allowing for quicker resolutions to issues like mine. Despite this hiccup, I appreciate Bitget's efforts in resolving my concern and hope to see improvements in their support infrastructure moving forward.

Had a question about a deposit recently and contacted Bitget customer support. They eventually got back to me through email, but it took a few back-and-forth messages to solve the issue. Not sure if that's normal or if I just got unlucky. Would have preferred a live chat option to get things sorted out quicker.

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kamran
21 weeks ago

I think that copy trading on bitget is designed specifically to make investors lose their money, because all accounts that offer subscription to trades are unprofitable. I tried six accounts from the bitget top 10 accounts for copy trading. These accounts show profits. But in reality, I lost more than USDT 700 by copying trades.

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ghzyabdn
12 weeks ago

The cryptocurrency exchange BitGet conceals a lot of information - firstly, there is no mention of its location anywhere, and secondly, everything on it is very sluggish. The registration process itself will drain so much energy and nerves that you won't want anything afterwards. The cryptocurrency exchange is not fully developed yet; it is still in the process of being improved, and it's unclear when it will be possible to trade properly on it. In general, don't waste your energy, don't register on BitGet!

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aldabayant
18 weeks ago

I can't even imagine what purposes BitGet exchange can serve. Trading here without purchasing the internal token BGB doesn't make sense due to very high fees. However, to buy the internal token, you need to spend a significant amount of money because the difference between the real BGB rate and its purchase rate is enormous. The conditions on the BitGet exchange are terrible, and there are no decent services. In general, there is no point in collaborating with this exchange.

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fafa76
9 weeks ago

So far, I have no complaints about the operation of the BitGet exchange. Although there is one issue. Deposits to the account are processed quickly, within a few minutes. But withdrawals from the account take over an hour. The support service writes that the withdrawal may depend on blockchain network requests. But in the seven months of cooperation, I have not noticed the BitGet exchange failing to process cryptocurrency withdrawals.

Commissions and fees

Information
BitGet has fixed fees for contracts, spot, and futures trading. Fees vary depending on the type of trade. When working with futures, the commission is 0.02% for the maker and 0.06% for the taker, while for spot trading, the fee is 0.1% for both makers and takers.
Under the terms of BitGet, it is possible to reduce the amount of commissions. Thus, traders can use the funds earned in the bonus program to pay fees, as well as use the services of the Traders Union and compensate for part of the trading costs by receiving rebates.
Account type Commission (minimum value) Withdrawal commission
Standard 0.04% Yes

The non-trading commission at BitGet is also set. For the withdrawal of funds, each user pays a stated commission. Its size varies depending on the cryptocurrency in which the transaction is made. In total, over 150 cryptocurrencies are available for withdrawal and replenishment of the account. The BitGet website lists the exact withdrawal fees for each of the cryptocurrencies and the allowed minimum withdrawal.

Broker Average commission Level
$0.04
Low
$20
High
$0.1
Medium

Investment Options

Investment Programs, Available Markets, and Products of the Crypto Exchange

BitGet is focused on cooperation with active crypto traders and offers optimal conditions for independent trading. Also, the cryptocurrency exchange offers its customers a service of copying trades, which allows you to receive additional, passive income. Another way to earn money is participation in the affiliate program, called the Launchpad project. BitGet also offers a reward system for completing various tasks.

Copying trades

This system allows you to copy trades of experienced traders and make profits relying on their trades and expertise. This method of passive earning is chosen by novice and experienced traders.

  • The copying service is suitable for all traders, regardless of experience in the cryptocurrency market.

  • You don't need trading skills to copy trades. To get started, just subscribe and monitor how much income a particular trader brings.

  • The BitGet website has a rating of professionals and a description of each, such as the number of trades, the level of profitability, the number of subscribers, etc.

  • The user can subscribe to one or more traders.

  • You can cancel your subscription at any time.

The service of copying trades is suitable for receiving passive income, without actively participating in trading. There is a fee for subscribing to professionals.

Rewards system

BitGet also has a reward system where each trader who completes a series of tasks receives a fixed amount. The list of tasks includes:

  • Registration (welcome) bonus is $5.

  • Account verification is $3.

  • First deposit bonus is +5% of the deposit amount; the maximum bonus is $100.

  • The first trade is $20.

  • Participation in copying trades is $30.

The total amount of bonuses can be up to $158, and it can be used to pay some commissions, depending on the task completed.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

BitGet’s affiliate program:

The BitGet cryptocurrency exchange is actively developing and providing services in the international market. One of the tools to expand its client base is the affiliate program.

Any crypto trader who has an account at BitGet can become a referrer (member of the affiliate program). To do this, you need to apply on the exchange website in the “Partnership Program” section and fill out the form, after which traders may contact and refer a potential affiliate. The main task of the referrer is to invite new active traders to the company. To do this, BitGet issues a referral link and marketing materials to each affiliate.

For each new client who opened a live trading account with BitGet, a stated payout amount is charged. This condition is negotiated with each affiliate individually. A BitGet affiliate can withdraw funds anytime, without restrictions. Also, unique offers are available for participants of the affiliate program such as professional support at any time of the day and corporate gifts.

Participation in the affiliate program is available only to verified users. Information on referrals and payouts is available in the user account section.

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