Bitget vs AscendEX: Fees, Coins, Safety Comparison
| Feature | Bitget | AscendEX |
|---|---|---|
Overall |
2.4 |
3.3 |
1 |
1 |
|
2.8 |
3.7 |
|
3.5 |
4.2 |
|
Investment Instruments |
1.7 |
3.9 |
Platforms and Charting Tools |
2.2 |
3.4 |
Deposit and Withdrawal |
1.4 |
3.1 |
Research |
2.7 |
3.2 |
Education |
2.5 |
3.4 |
Support |
3.0 |
2.8 |
Bonuses |
3.5 |
4.0 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitget vs AscendEX: Pros and Cons
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.
The AscendEX cryptocurrency exchange is a platform for spot, margin, and futures trading of cryptocurrencies and tokens. Basic (simple) and professional (full-featured) terminals are available options. Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tether, and tons of other cryptocurrencies and coins are traded on the site. The crypto pool is constantly expanding. There are no fiats on the site. There are several investment solutions such as staking, De-Fi farming, direct deposits to the platform, and deposits in ASD (the exchange's coin). The fees vary by asset, which includes up to 0.1% for Bitcoin and up to 0.2% for altcoins.
| Bitget | AscendEX | |
|---|---|---|
| Overall Pros | availability of demo accounts; | the most popular cryptocurrencies and tokens are traded on this exchange; |
| convenient ways to contact the support service; | in addition to the TradingView web terminal, there is a mobile application; | |
| a wide range of cryptocurrencies for account replenishment; | ||
| service of copying trades for receiving passive income; | several simplified investment programs; | |
| ability to reduce commissions using credits earned in the bonus program; | leverage for margin and futures trading; | |
| ability to engage in algorithmic trading; | deposits into the site's coin base with lucrative bonuses; | |
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | launched the sale of multi cards for investments in ASD and airdrop; | |
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | no fiat assets; |
| There are no educational materials for novice traders on the exchange website. | no demo accounts; | |
| there is no call center. |
Bitget vs AscendEX: Safety and Regulation
| Regulated By: | Bitget | AscendEX |
|---|---|---|
Government-regulated |
Yes |
No |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
No |
Spain Regulated |
No |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
No |
No |
Other countries |
Poland, Lithuania |
Bitget vs AscendEX: Trading Conditions
| Trading Conditions | Bitget | AscendEX |
|---|---|---|
Minimum deposit, USD or USDT |
10 EUR |
1 |
Futures leverage |
100 |
100 |
Spot leverage |
10 |
25 |
Supported Coins |
831 |
435 |
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
0 |
Perpetual contracts |
0 |
1 |
Bitget vs AscendEX: Fees
| Fee | Bitget | AscendEX |
|---|---|---|
Spot Taker fee |
0.1 |
0.1 |
Spot Maker fee |
0.1 |
0.1 |
Futures Taker fee |
0.06 |
0.02 |
Futures Maker fee |
0.02 |
0.01 |
Deposit fee |
No |
No |
Withdrawal fee |
0.00005 BTC 0.00064 ETH |
0.0005 BTC 0.005 ETH 10 USDT |
P2P taker fee |
0,06 - 10 |
Not supported |
P2P fee rate, maker fee |
0,02 - 0,10 |
Not supported |
Bitget vs AscendEX: Trading Assets
| Asset Name | Bitget | AscendEX |
|---|---|---|
Coins Supported |
831 |
435 |
P2P |
Yes |
No |
Perpetual contracts |
No |
Yes |
NFT |
Yes |
No |
Crypto Options |
No |
No |
Futures |
Yes |
Yes |
Bitget or AscendEX: Investment Programs
| Asset Name | Bitget | AscendEX |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: AscendEX or Bitget
| Bitget | AscendEX | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: AscendEX or Bitget
| Bitget | AscendEX | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: AscendEX or Bitget
| Bitget | AscendEX | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: AscendEX or Bitget
| Bitget | AscendEX | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: AscendEX or Bitget
| Bitget | AscendEX | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
Bitget vs AscendEX: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | AscendEX |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
No |
Yes (Only deposit) |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitget vs AscendEX: Research
| Research Type | Bitget | AscendEX |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Bitget vs AscendEX: Education
| Education Type | Bitget | AscendEX |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
AscendEX vs Bitget: Support
| Support Features | Bitget | AscendEX |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
No |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
No |
Request form |
Bitget vs AscendEX: Crypto Bonuses and Promo
| Promo | Bitget | AscendEX |
|---|---|---|
Crypto Bonus |
Reward system: 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. |
Complete Tasks for Beginners to Earn Up to $320 Worth of Rewards |
Affiliate Program |
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. |
Each user who followed your link or code and registered on the exchange becomes your referral (partner). He receives a 10% discount on all trading fees for 1 year after registration. Within 1 year, you receive passive income as a percentage of the commissions charged for your referral. The amount of payments depends on the partner's trading volume: less than $1,000,000 — 25%; up to $10,000,000 — 30%; up to $100,000,000 -—35%; more than $100,000,000 — 40%. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on AscendEX
-
Comment
Attempting to trade with AscendEX was a frustrating endeavor, as I encountered significant obstacles that hindered my trading activities. The platform's intervention in trades, preventing profitable transactions from being closed, was particularly egregious and undermined any confidence I had in the exchange's integrity.
-
Comment
I won't forget those AscendEXs. About 3 years ago I tried to trade with them, but this did not work out here. The broker intervenes, does not allow profitable transactions to be closed. I didn't last long here. I do not recommend, nothing here, most likely, has not changed.
-
Comment
If you have extra money, then you need to carry it to AscendEX. Orders here are opened and closed only from 3-7 times, the terminal constantly hangs, the price movement is jerky. Horror is simple!
-
Comment
My requests for withdrawal of funds hang for a month. In response to requests, carbon copy replies come: "The finance department is doing everything possible to expedite the processing of your application and we guarantee you that this problem will be resolved in the near future. Your application will be processed, please wait a little longer." And it's been like this for a month now!
-
Comment
I started cooperation with this cryptocurrency platform back when it was known as Bitmax. The rebranding has benefitted this crypto exchange. Not only did the name change, but also the quality of customer service. I mainly trade from my mobile because I travel a lot. In terms of functionality, the mobile application is not inferior to the web version. No bugs or errors in the terminal operation. Although the company did not have a call center, I never had any difficulties in communicating with the support. So far, everything is ice.
Top 5 Reviews on Bitget
-
Comment
I learned about Bitget from a review that mentioned its Web3 wallet and NFT features. I decided to test the functionality and deposited 100 USDT, transferring part of the funds to the Web3 wallet. There were only a few trades, mainly spot transactions, and the financial result was around break-even. The features are interesting, but for me they turned out to be secondary. The exchange is suitable for those looking for more than just trading.
-
Comment
I used Bitget as an alternative to major exchanges for risk diversification. I deposited 300 USDT and mostly traded spot without leverage. I bought BTC, BNB, and ETH, holding positions for several days. Over a month, the portfolio grew to about 318 USDT. The profit was driven by market movement rather than active trading. The exchange operates reliably, but I don’t keep large amounts here due to its complex legal structure.
-
Comment
I joined Bitget for copy trading, as I was looking for a passive approach. I deposited 150 USDT and chose a trader with moderate returns and transparent statistics. After a month, my balance grew to 161 USDT, but there were weeks with drawdowns of up to −7%. The copy trading interface is convenient, showing trade history and risks. There is profit, but it’s unstable, so I treat this tool as supplementary rather than a primary source of income.
-
Comment
I heard about Bitget from a friend who actively traded futures. I was interested in the leverage of up to 1:125 and the availability of a demo mode. To start, I deposited 200 USDT and traded BTC/USDT futures with low leverage. Over two weeks, I earned about 18 USDT, but experienced several significant drawdowns. Futures fees are lower than on many other platforms, but the risks are high. I realized that without strict risk management, it’s easy to lose your deposit here.
-
Comment
I was drawn to Bitget by the low entry threshold — the minimum deposit is just 1 USDT. I registered, enabled 2FA, and funded my account with 50 USDT. I started with spot trading BTC and ETH, with fees around 0.1% as expected. I traded for about three weeks, making intraday trades. The result was a profit of around 3.4 USDT. For testing the exchange and its interface, the outcome was fine, with no sense of pressure or upselling.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
