Bitget vs PrimeXBT: Fees, Coins, Safety Comparison
| Feature | Bitget | PrimeXBT |
|---|---|---|
Overall |
2.4 |
3.8 |
1 |
3.5 |
|
2.8 |
4.1 |
|
3.5 |
4.4 |
|
Investment Instruments |
1.7 |
3.7 |
Platforms and Charting Tools |
2.2 |
3.8 |
Deposit and Withdrawal |
1.4 |
3.5 |
Research |
2.7 |
3.7 |
Education |
2.5 |
3.7 |
Support |
3.0 |
3.3 |
Bonuses |
3.5 |
4.2 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitget vs PrimeXBT: 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 PrimeXBT exchange is an international platform for trading cryptocurrencies, tokenized assets, stock indices, and currency pairs. Cryptocurrencies include Bitcoin, Litecoin, Ethereum, Tether, and others. All crypto assets can be bought and sold for US dollars. Currency assets are traded among themselves, with resources and metals. For example, you can buy and sell silver for US dollars. There is Bitcoin trading with leverage up to 1:1000. The company has developed its own trading terminal, called PrimeXBT, with a built-in function for copying trades; and there are browser and mobile versions. The terminal is distinguished by its high-speed operations and advanced functionalities. There is also a demo account.
| Bitget | PrimeXBT | |
|---|---|---|
| Overall Pros | availability of demo accounts; | Ability to trade in cryptocurrencies, currencies, indices, and other assets |
| convenient ways to contact the support service; | low trading commissions, large leverage; | |
| a wide range of cryptocurrencies for account replenishment; | several options for the referral program; | |
| service of copying trades for receiving passive income; | own service for copying trades; | |
| ability to reduce commissions using credits earned in the bonus program; | KYC verification, high level of security; | |
| ability to engage in algorithmic trading; | simple and convenient trading terminal; | |
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | A demo account is avaible | |
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | the company does not have a call center; |
| There are no educational materials for novice traders on the exchange website. | API is not supported. |
Bitget vs PrimeXBT: Safety and Regulation
| Regulated By: | Bitget | PrimeXBT |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Licenced in Seychelles |
Bitget vs PrimeXBT: Trading Conditions
| Trading Conditions | Bitget | PrimeXBT |
|---|---|---|
Minimum Deposit |
₮1 |
$1 |
Trading Platforms |
BitGet |
PrimeXBT |
Max Leverage (Futures) |
1-125 |
1-1000 |
Number of Markets |
355+ |
100+ |
Trading Accounts |
2 |
2 |
Base Account Currencies |
Cryptocurrencies |
USD, EUR, GBP + 30 fiat currencies, Cryptocurrencies |
Bitget vs PrimeXBT: Fees
Trading Fees
| Fee | Bitget | PrimeXBT |
|---|---|---|
Max Maker |
0.10% |
0.05% |
Max Taker |
0.10% |
0.05% |
Min Maker |
0.10% |
0.01% |
Min Taker |
0.10% |
0.01% |
Debit/Credit Card Purchase Fee |
Not supported |
0 |
Futures Trading fees
| Fee | Bitget | PrimeXBT |
|---|---|---|
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 | PrimeXBT |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
0.0005 BTC |
BTC Withdrawal Fee |
0.0006 BTC |
0.0005 BTC |
Inactivity Fee |
No |
No |
Bitget vs PrimeXBT: Trading Assets
| Asset Name | Bitget | PrimeXBT |
|---|---|---|
Overall |
355+ |
41+ |
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 |
No |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
No |
NFT |
Yes |
No |
Crypto ETF |
No |
No |
Bitget or PrimeXBT: Investment Programs
| Asset Name | Bitget | PrimeXBT |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Copy Trading |
Copy Trading |
Trading Platforms: PrimeXBT or Bitget
| Bitget | PrimeXBT | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: PrimeXBT or Bitget
| Bitget | PrimeXBT | |
|---|---|---|
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: PrimeXBT or Bitget
| Bitget | PrimeXBT | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
No |
Live 2 Quotes |
Yes |
No |
Mobile trading: PrimeXBT or Bitget
| Bitget | PrimeXBT | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: PrimeXBT or Bitget
| Bitget | PrimeXBT | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
Bitget vs PrimeXBT: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | PrimeXBT |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitget vs PrimeXBT: Research
| Research Type | Bitget | PrimeXBT |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Bitget vs PrimeXBT: Education
| Education Type | Bitget | PrimeXBT |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
PrimeXBT vs Bitget: Support
| Support Features | Bitget | PrimeXBT |
|---|---|---|
Working Days |
24/7 |
44766 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
No |
Bitget vs PrimeXBT: Crypto Bonuses and Promo
| Promo | Bitget | PrimeXBT |
|---|---|---|
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. |
A deposit bonus of 7% on deposit, up to $7,000 |
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. |
According to the standard affiliate program, you can receive up to 70% of the commissions of each referral, depending on the volume of his trades. According to an alternative program, you can be credited $40-1,250 for each client referred. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on PrimeXBT
-
Comment
PrimeXBT has a lack of transparency regarding fees that can eat into profits. I cannot recommend PrimeXBT as a reliable option for crypto trading. Potential users would be wise to explore alternative exchanges offering more user-friendly interfaces, transparent fee structures, and robust security measures.
-
Comment
It has recently become impossible to trade with primexbt, as the trading platform freezes very much when opening an order, and when it reaches the take, it does not close immediately, so the price turns in the other direction!
-
Comment
I feel comfortable trading with PrimeXBT, I have no questions about this company. Trading conditions are acceptable. Trading itself is going well. There are no problems, no failures, etc. withdrawals are fast too. So everything is ok.
-
Comment
No one will get bored in PrimeXBT. There are a lot of opportunities for trading and assets. Traders of different skill levels will find the most profitable for them. The broker does not interfere with trading, everything is always fast. I mean execution. And most importantly - withdrawals! They are quick and efficient! I advise you to trade here! You won’t blame me)
-
Comment
Quality broker. I advise for beginners, the conditions for trading are excellent, the spreads are acceptable. And most importantly - the broker withdraws profit! It's worth it guys!
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.