Bitget vs Coinsbit: Fees, Coins, Safety Comparison
| Feature | Bitget | Coinsbit |
|---|---|---|
Overall |
2.4 |
2.8 |
1 |
1 |
|
2.8 |
3.6 |
|
3.5 |
3.3 |
|
Investment Instruments |
1.7 |
2.3 |
Platforms and Charting Tools |
2.2 |
2.6 |
Deposit and Withdrawal |
1.4 |
3.2 |
Research |
2.7 |
3.3 |
Education |
2.5 |
2.6 |
Support |
3.0 |
2.8 |
Bonuses |
3.5 |
3.1 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitget vs Coinsbit: 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 Coinsbit exchange is a platform for exchanging, buying, and selling cryptocurrencies. The company trades Bitcoin, Ripple, Litecoin, Bitcoin Cash, Ethereum Classic, and other cryptocurrencies. Defi coins are represented by Swipe, Loopeng, Republic, SushiTokerm, and Compound, etc. There are stablecoins. Coinsbit features crypto-fiat pairs with eight world currencies, including the US dollar and the Russian ruble. There is classic and advanced trading, trading through Metamask and OTC. Passive earning options include staking into blockchain projects and the ability to provide P2P loans. You can receive additional payments for participating in trading contests and the Bug Bounty Vulnerability Search Bonus Program. There is a three-level referral program, and you can enter your own coin on the platform.
| Bitget | Coinsbit | |
|---|---|---|
| Overall Pros | availability of demo accounts; | the most popular cryptocurrencies are traded on this exchange; |
| convenient ways to contact the support service; | there are eight crypto-fiat pairs; | |
| a wide range of cryptocurrencies for account replenishment; | there’s the opportunity to invest profitably in the blockchain; | |
| service of copying trades for receiving passive income; | loans in crypto; | |
| ability to reduce commissions using credits earned in the bonus program; | convenient application for mobile trading; | |
| ability to engage in algorithmic trading; | simplified and professional cryptocurrency trading; | |
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | high level of security (cold storage and WAF); | |
| high productivity (up to 10,000 trades per minute); | ||
| low but fixed commissions for trading operations; | ||
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | no call center; |
| There are no educational materials for novice traders on the exchange website. | no training courses. |
Bitget vs Coinsbit: Safety and Regulation
| Regulated By: | Bitget | Coinsbit |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
Bitget vs Coinsbit: Trading Conditions
| Trading Conditions | Bitget | Coinsbit |
|---|---|---|
Minimum Deposit |
₮1 |
0.00001 BTC |
Trading Platforms |
BitGet |
TradingView |
Max Leverage (Futures) |
1-125 |
44562 |
Number of Markets |
355+ |
1 560+ |
Trading Accounts |
2 |
1 |
Base Account Currencies |
Cryptocurrencies |
Cryptocurrencies, fiat currencies |
Bitget vs Coinsbit: Fees
Trading Fees
| Fee | Bitget | Coinsbit |
|---|---|---|
Max Maker |
0.10% |
0.2% |
Max Taker |
0.10% |
0.2% |
Min Maker |
0.10% |
0.2% |
Min Taker |
0.10% |
0.2% |
Debit/Credit Card Purchase Fee |
Not supported |
0.8% |
Futures Trading fees
| Fee | Bitget | Coinsbit |
|---|---|---|
Max Maker |
0.0002 |
Not supported |
Max Taker |
0.0006 |
Not supported |
Min Maker |
0.0002 |
Not supported |
Min Taker |
0.0006 |
Not supported |
Non-Trading Fees
| Fee | Bitget | Coinsbit |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
USD 0.8% , Crypto - free |
Bank Transfer Withdrawal Fee |
Not supported |
0.4% |
Debit/Credit Card Withdrawal Fee |
Not supported |
0.4% |
BTC Withdrawal Fee |
0.0006 BTC |
0.0005 BTC |
Inactivity Fee |
No |
No |
Bitget vs Coinsbit: Trading Assets
| Asset Name | Bitget | Coinsbit |
|---|---|---|
Overall |
355+ |
1 560+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
No |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
No |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
No |
Yes |
IOTA (MIOTA) |
No |
No |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
No |
NFT |
Yes |
No |
Crypto ETF |
No |
No |
Bitget or Coinsbit: Investment Programs
| Asset Name | Bitget | Coinsbit |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Copy Trading |
No |
Trading Platforms: Coinsbit or Bitget
| Bitget | Coinsbit | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Coinsbit or Bitget
| Bitget | Coinsbit | |
|---|---|---|
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: Coinsbit or Bitget
| Bitget | Coinsbit | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Coinsbit or Bitget
| Bitget | Coinsbit | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Coinsbit or Bitget
| Bitget | Coinsbit | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
Bitget vs Coinsbit: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | Coinsbit |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitget vs Coinsbit: Research
| Research Type | Bitget | Coinsbit |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Bitget vs Coinsbit: Education
| Education Type | Bitget | Coinsbit |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
Coinsbit vs Bitget: Support
| Support Features | Bitget | Coinsbit |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
No |
Bitget vs Coinsbit: Crypto Bonuses and Promo
| Promo | Bitget | Coinsbit |
|---|---|---|
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. |
Trading contests, Bug Bounty Vulnerability Search Bonus Program |
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. |
25% of commissions for first-level referrals; 15% of commissions for second-level referrals; 10% of the commissions of third-level referrals. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Coinsbit
-
Comment
Coinsbit suffers from frequent technical issues, including slow transactions and unreliable performance during peak hours. Furthermore, the lack of transparency regarding fees and security measures raises concerns about the platform's integrity. I advise caution and recommend exploring alternative exchanges for a smoother trading experience.
-
Comment
Money is not withdrawn, information is not given, the specified phones are fake. Another kidalovo.
-
Comment
The support could not give clear answers to my questions, this indicates the frivolity of the company. It looks like everything is fake. Therefore, I think that especially for beginners, there is every chance to easily drain all the money.
-
Comment
This is an average exchange with average opportunities. Although I have been trading on Coinsbit for two years, I cannot call this platform above average. Yes, there are passive investing chips. But at the moment, many exchanges offer such investment and accept the same CNB coin that you could get for free not so long ago. Everyone expected the CNB rate to skyrocket, but it sank so that it makes no sense to sell CNB now. I still keep this token in the investment pool, but the profitability on it is very weak. I think the owners of the Coinsbit exchange should do some marketing work. Otherwise, clients will start scattering.
-
Comment
Everything suits me on the Coinsbit exchange and there are a very large number of crypto pairs here. The exchange is constantly listing and adding new crypto pairs. The support service works competently and always answers questions. So far, no controversy has arisen. The trading platform is good and deals are opened very quickly. I trade the main crypto pairs in most transactions, the demand and supply for them are high. I don’t use such functions as investing or 2P2 loans, trading is enough for me. The commissions for transactions are quite acceptable, and I did not notice that the exchange took commissions for input and output.
Top 5 Reviews on Bitget
-
Comment
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.
-
Comment
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.
-
Comment
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.
-
Comment
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!
-
Comment
The BitGet platform keeps freezing! Both a web platform and a mobile application. I wrote to BitGet support many times with a request to correct the errors, but no one did anything. Therefore, I had to close my account and leave this exchange. It is impossible to trade when the “sell, buy, trade” buttons turn off and become inactive when clicked.
- Bitvavo vs Bitget
- BTC Direct vs Bitget
- VinDAX vs Bitget
- Delta Exchange vs Bitget
- Bitsgap vs Bitget
- Bitget vs Upbit
- Bitget vs MXC
- Bitget vs FatBTC
- Bitget vs Cryptohopper
- Bitget vs CoinField
- Bitget vs CoinDCX
- Bitget vs BtcTurk
- Bitget vs BTC Direct
- Bitget vs Bitvavo
- Bitget vs Bitkub
- Bitget vs Bibox
- Bitget vs AscendEX
- Bitget vs AAX
- Currency.com vs Bitget
- ByBit vs Bitget
- Bitget vs Revolut (crypto)
- Bitget vs PrimeXBT
- Bitget vs Currency.com
- Bitget vs Bittrex
- Bitget vs OKEx
- Bitget vs KuCoin
- Bitget vs WazirX
- Bitget vs eToroX
- Bitget vs Crypto.com
- Bitget vs Bitfinex
- Bitget vs Gemini
- Bitget vs CoinEx
- Bitget vs PaxFul
- Bitget vs Huobi
- Bitget vs Kraken
- Bitget vs Coinbase
- Bitget vs ByBit
- Bitget vs Binance
- XT.com vs Bitget
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.
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.