Bitget vs FatBTC: Fees, Coins, Safety Comparison
| Feature | Bitget | FatBTC |
|---|---|---|
Overall |
2.4 |
2.2 |
1 |
1 |
|
2.8 |
3.0 |
|
3.5 |
2.3 |
|
Investment Instruments |
1.7 |
1.8 |
Platforms and Charting Tools |
2.2 |
2.2 |
Deposit and Withdrawal |
1.4 |
2.0 |
Research |
2.7 |
2.6 |
Education |
2.5 |
2.1 |
Support |
3.0 |
2.2 |
Bonuses |
3.5 |
2.3 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitget vs FatBTC: 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 FatBTC cryptocurrency exchange is a multifunctional platform for exchanges, commodities, and over-the-counter cryptocurrency trading. You can trade Bitcoin (₿), Ethereum (Ξ), USDS, DOGE, dozens of other cryptocurrencies and tokens. Only the USD and EUR are presented from among the fiat currencies. The site has its proprietary FAT coin, which can be used to reduce fees by 50%. The trading fees themselves are lower than the market average of 0.2% fixed cost for most assets. In addition to the trading terminal in the browser, there is a mobile trading app. The company offers a flexible listing via its proprietary program of open partnership called the FatCloud. The referral program is standard and only one-level. Its investment direction is represented by the Piggy Bank FatBTC program.
| Bitget | FatBTC | |
|---|---|---|
| Overall Pros | availability of demo accounts; | loads of cryptocurrencies and tokens; the site's FAT token, which can be used to reduce trading commissions; |
| convenient ways to contact the support service; | simplistic, intuitive trading terminal, plus an app for mobile trading; | |
| a wide range of cryptocurrencies for account replenishment; | low fees — fixed at 0.2% for taker and maker (for some assets there are special conditions); | |
| service of copying trades for receiving passive income; | the token pool is constantly updated due to free listing (you can put your coin on the platform in a few clicks); | |
| ability to reduce commissions using credits earned in the bonus program; | it is not compulsory to pass the KYC verification to trade (but there will be a limit on the withdrawal — up to 2 BTC per day); | |
| ability to engage in algorithmic trading; | the high-performance engine provides stability of the platform even under peak loads; trading is 24/7; | |
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | a profitable referral program that allows you to earn 50% of your partners' fees. | |
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | No demo accounts or specialized solutions for novice traders; |
| There are no educational materials for novice traders on the exchange website. | No call center, you can get in touch with the technical support only through tickets, email, and the Telegram channel. |
Bitget vs FatBTC: Safety and Regulation
| Regulated By: | Bitget | FatBTC |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
Bitget vs FatBTC: Trading Conditions
| Trading Conditions | Bitget | FatBTC |
|---|---|---|
Minimum Deposit |
₮1 |
$1 |
Trading Platforms |
BitGet |
TradingView |
Max Leverage (Futures) |
1-125 |
44562 |
Number of Markets |
355+ |
40+ |
Trading Accounts |
2 |
1 |
Base Account Currencies |
Cryptocurrencies |
Cryptos, currencies |
Bitget vs FatBTC: Fees
Trading Fees
| Fee | Bitget | FatBTC |
|---|---|---|
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 |
Futures Trading fees
| Fee | Bitget | FatBTC |
|---|---|---|
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 | FatBTC |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
Not supported |
BTC Withdrawal Fee |
0.0006 BTC |
0.0007 BTC |
Inactivity Fee |
No |
No |
Bitget vs FatBTC: Trading Assets
| Asset Name | Bitget | FatBTC |
|---|---|---|
Overall |
355+ |
40+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
No |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
No |
Cardano (ADA) |
Yes |
No |
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 FatBTC: Investment Programs
| Asset Name | Bitget | FatBTC |
|---|---|---|
Staking |
No |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Copy Trading |
the Piggy Bank FatBTC program |
Trading Platforms: FatBTC or Bitget
| Bitget | FatBTC | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: FatBTC or Bitget
| Bitget | FatBTC | |
|---|---|---|
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: FatBTC or Bitget
| Bitget | FatBTC | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: FatBTC or Bitget
| Bitget | FatBTC | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: FatBTC or Bitget
| Bitget | FatBTC | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
Bitget vs FatBTC: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | FatBTC |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
No |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitget vs FatBTC: Research
| Research Type | Bitget | FatBTC |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Bitget vs FatBTC: Education
| Education Type | Bitget | FatBTC |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
FatBTC vs Bitget: Support
| Support Features | Bitget | FatBTC |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
No |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
No |
Ticket |
Bitget vs FatBTC: Crypto Bonuses and Promo
| Promo | Bitget | FatBTC |
|---|---|---|
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. |
No |
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. |
For each active referral, the crypto-exchange will pay the partner a reward equal to 50% of trading commissions. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on FatBTC
-
Comment
A couple of days ago, I funded my trading account with $500, for some time I increased the account to $700, but the next day there was no money in my account at all. The broker deducted all the money from the account! The support stopped getting in touch with me. Draw your own conclusions.
-
Comment
I had $700 in my account. After the weekend, I enter the trading terminal, and there are 300 bucks left on my account. I decided to check the history, it turns out that there were two unprofitable trades opened, which gobbled up most of the deposit, but I did not open these trades. FatBTC decided to help me out!
-
Comment
I have been working with FatBTC for 4 months and everything suits me. The exchange is decentralized, so the funds are stored in a cold wallet and I am calm about their safety. My personal data is protected by 2FA authentication, and the exchange itself has a good reputation for safety. There is no leverage here, so volumes cannot yet be raised beyond a 1:1 level, but you can reduce the trading commission by using the exchange token. The terminal works stably, and I have no further comments about FatBTC’s working conditions. One drawback of this crypto exchange is that it is expensive to exchange tokens here, so I use other resources for that purpose.
-
Comment
This is not a crypto exchange, but a real scam. Not only does FatBTC have a weird rate for most cryptocurrencies, it also charges a huge commission. I bought bitcoin and withdrew coins to my wallet. When I counted how much I had lost, I was horrified. Only on commission for withdrawal, I lost 15%. The FatBTC exchange is scammers!!
-
Comment
FatBTC is a reliable crypto exchange with a long experience in the digital market and an impressive trading volume. It is suitable for me as a small but stable additional income. I do not plan to trade on a large scale yet, since for this I will have to entrust my personal data to FatBTC, but to get a daily income of 30-40 bucks, it is quite okay for me. Plus, I enjoy the small commissions and the large selection of instruments. FatBTC also offers trading through its browser-based TradingView, which is as convenient and functional as possible.
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.
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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.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
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.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!