Bitget vs OKEx: Fees, Coins, Safety Comparison
| Feature | Bitget | OKEx |
|---|---|---|
Overall |
2.4 |
4.5 |
1 |
4.4 |
|
2.8 |
5.0 |
|
3.5 |
4.6 |
|
Investment Instruments |
1.7 |
5.0 |
Platforms and Charting Tools |
2.2 |
4.2 |
Deposit and Withdrawal |
1.4 |
4.1 |
Research |
2.7 |
3.9 |
Education |
2.5 |
4.7 |
Support |
3.0 |
4.1 |
Bonuses |
3.5 |
4.2 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitget vs OKEx: 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 OKEx crypto exchange is a platform for exchanging and trading cryptocurrencies, that offers over 400 trading pairs, including pairs with fiat funds. Bitcoin, Litecoin, Ethereum, Cardano, as well as other cryptocurrencies and tokens are traded on the platform. Funds can be deposited from debit cards (Visa, MC), bank accounts, cryptocurrency, and e-wallets. There are spot and margin trading, futures, perpetual swaps, options, and DEX. Four investment solutions with flexible periods are presented.
| Bitget | OKEx | |
|---|---|---|
| Overall Pros | availability of demo accounts; | Low trading fees |
| convenient ways to contact the support service; | 350+ supported coins | |
| a wide range of cryptocurrencies for account replenishment; | spot and margin trading, futures and other options; | |
| service of copying trades for receiving passive income; | Crypto academy | |
| ability to reduce commissions using credits earned in the bonus program; | universal cryptocurrency wallet and mining pool; | |
| ability to engage in algorithmic trading; | training academy with detailed courses and guides; | |
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | low commissions that are additionally reduced with an increase in trading volume. | |
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | Limited access in the US |
| There are no educational materials for novice traders on the exchange website. |
Bitget vs OKEx: Safety and Regulation
| Regulated By: | Bitget | OKEx |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Regulated in 3 States in the USA |
Bitget vs OKEx: Trading Conditions
| Trading Conditions | Bitget | OKEx |
|---|---|---|
Minimum Deposit |
₮1 |
$1 |
Trading Platforms |
BitGet |
OKEx |
Max Leverage (Futures) |
1-125 |
1-100 |
Number of Markets |
355+ |
362 |
Trading Accounts |
2 |
1 |
Base Account Currencies |
Cryptocurrencies |
USD, EUR, GBP and 30+ fiat currencies, crypto |
Bitget vs OKEx: Fees
Trading Fees
| Fee | Bitget | OKEx |
|---|---|---|
Max Maker |
0.10% |
0.08% |
Max Taker |
0.10% |
0.1% |
Min Maker |
0.10% |
0.06% |
Min Taker |
0.10% |
0.08% |
Debit/Credit Card Purchase Fee |
Not supported |
0 |
Futures Trading fees
| Fee | Bitget | OKEx |
|---|---|---|
Max Maker |
0.0002 |
0.02% |
Max Taker |
0.0006 |
0.05% |
Min Maker |
0.0002 |
0.015% |
Min Taker |
0.0006 |
0.03% |
Non-Trading Fees
| Fee | Bitget | OKEx |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not Allowed |
Debit/Credit Card Withdrawal Fee |
Not supported |
Only payment system fee |
BTC Withdrawal Fee |
0.0006 BTC |
0.0005 BTC |
Inactivity Fee |
No |
No |
Bitget vs OKEx: Trading Assets
| Asset Name | Bitget | OKEx |
|---|---|---|
Overall |
355+ |
362+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
No |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto ETF |
No |
No |
Bitget or OKEx: Investment Programs
| Asset Name | Bitget | OKEx |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
Yes |
MAM/PAMM |
No |
No |
Other |
Copy Trading |
P2P loans |
Trading Platforms: OKEx or Bitget
| Bitget | OKEx | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: OKEx or Bitget
| Bitget | OKEx | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: OKEx or Bitget
| Bitget | OKEx | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: OKEx or Bitget
| Bitget | OKEx | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: OKEx or Bitget
| Bitget | OKEx | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
Bitget vs OKEx: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | OKEx |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitget vs OKEx: Research
| Research Type | Bitget | OKEx |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
Bitget vs OKEx: Education
| Education Type | Bitget | OKEx |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
OKEx vs Bitget: Support
| Support Features | Bitget | OKEx |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
No |
Bitget vs OKEx: Crypto Bonuses and Promo
| Promo | Bitget | OKEx |
|---|---|---|
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. |
100 satoshi for Make a demo trade,Subscribe to an Earn product, Trade any amounts of crypto, Refferal welcome bonus up to $100 |
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. |
Up to $500 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on OKEx
-
Comment
Been playing around with OKX for a while now, mostly on their demo account. Great for getting the hang of the platform and trying out different trading strategies without risking real money. But the demo seems a bit limited. For example, it doesn't have all the features available on the live account, like margin trading. Wish you could test out everything before jumping in with real cash. Kind of feels like training wheels you gotta eventually take off.
-
Comment
OKX’s platform itself is pretty intuitive, which is nice. I like how you can easily exchange between different cryptocurrencies with zero fees. Plus, the earn rates for locking your crypto for a fixed time are quite attractive. However, one thing that really bugs me is the withdrawal process. It's just too complicated for my liking. And another downside is that my country's fiat currency isn't listed, which makes things a bit inconvenient. Also, I noticed that some coins I wanted to trade weren't showing up in the search results, even though they're listed on Coinmarketcap. It's a bit confusing, to be honest. Overall, OKX has its pros and cons, but it's been okay for my crypto needs.
-
Comment
This is the first cryptocurrency platform I got acquainted with when I started learning about crypto. OKX exchange has been operating for several years and has its popularity among crypto investors. I can't understand why there are so many negative reviews. I've been working with the exchange for almost two years, consistently withdrawing cryptocurrency. Of course, there aren't so many diverse services here, but it's enough for me.
-
Comment
There are a lot of negative reviews about the OKX exchange. Many of the positive reviews are written to deceive users. It's a proven fact that the exchange may not pay out funds. Additionally, OKX may block user accounts for unfounded reasons. Therefore, I believe it's better not to take risks and not to open trading accounts here, let alone transfer money.
-
Comment
If a controversial situation arises on OKX, the issue is not resolved in favor of a trader. When there was a failure on the platform, my trade was closed with a huge minus. When comparing with other cryptocurrency platforms, I did not find the same quotes at a certain point of time that were on OKX. However, the exchange administration decided to leave everything as it is. As if they have their own quotes. After that, the desire to trade here disappeared.
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.
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.