BTC Direct vs Bitget: Fees, Coins, Safety Comparison
| Feature | BTC Direct | Bitget |
|---|---|---|
Overall |
3.2 |
2.4 |
1 |
1 |
|
3.7 |
2.8 |
|
3.5 |
3.5 |
|
Investment Instruments |
1 |
1.7 |
Platforms and Charting Tools |
3.8 |
2.2 |
Deposit and Withdrawal |
3.9 |
1.4 |
Research |
4.1 |
2.7 |
Education |
3.5 |
2.5 |
Support |
3.9 |
3.0 |
Bonuses |
3.3 |
3.5 |
|
Your capital is at risk.
|
BTC Direct vs Bitget: Pros and Cons
The BTC Direct (pronounced “Bitcoin Direct”) platform is a cryptocurrency exchange and trading service. It presents the following cryptocurrencies on the platform: Ethereum, Litecoin, Bitcoin Cash, and Ripple. All assets are euro-pegged except those that are US dollar-pegged. It is the same at most crypto exchanges. The company is based in the Netherlands, and the service is fully localized in six European languages. The site offers its users a separate cryptocurrency wallet for each currency. Also, several models of the latest generation hardware wallets can be purchased from BTC Direct. There is a standard affiliate program and the possibility of investing fiat funds in cryptocurrency. Investors have access to exclusive market analysis and a personal consultant.
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.
| BTC Direct | Bitget | |
|---|---|---|
| Overall Pros | simple and convenient trading terminal interface; | availability of demo accounts; |
| Cryptocurrencies are sold and purchased in three clicks; | convenient ways to contact the support service; | |
| the minimum deposit is 30 euros; | a wide range of cryptocurrencies for account replenishment; | |
| major cryptocurrencies are traded on the exchange and are euro-pegged; | service of copying trades for receiving passive income; | |
| low commissions and discounts for big trades; | ability to reduce commissions using credits earned in the bonus program; | |
| comprehensive knowledge base and guides on cryptocurrencies; | ability to engage in algorithmic trading; | |
| regular masterclasses (including upon request); | the exchange uses hot and cold cryptocurrency wallets to store client funds. | |
| the ability to exchange cryptocurrencies for fiat funds. | ||
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | |
| all materials and technical support are in six European languages only; | There are no educational materials for novice traders on the exchange website. | |
| the website doesn’t plan to introduce additional cryptocurrencies; |
BTC Direct vs Bitget: Safety and Regulation
| Regulated By: | BTC Direct | Bitget |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
BTC Direct vs Bitget: Trading Conditions
| Trading Conditions | BTC Direct | Bitget |
|---|---|---|
Minimum Deposit |
30 |
₮1 |
Trading Platforms |
BTC Direct |
BitGet |
Max Leverage (Futures) |
44562 |
1-125 |
Number of Markets |
9+ |
355+ |
Trading Accounts |
1 |
2 |
Base Account Currencies |
Cryptocurrencies |
Cryptocurrencies |
BTC Direct vs Bitget: Fees
Trading Fees
| Fee | BTC Direct | Bitget |
|---|---|---|
Max Maker |
0.01 |
0.10% |
Max Taker |
0.02 |
0.10% |
Min Maker |
0.01 |
0.10% |
Min Taker |
0.02 |
0.10% |
Debit/Credit Card Purchase Fee |
0 |
Not supported |
Futures Trading fees
| Fee | BTC Direct | Bitget |
|---|---|---|
Max Maker |
Not supported |
0.0002 |
Max Taker |
Not supported |
0.0006 |
Min Maker |
Not supported |
0.0002 |
Min Taker |
Not supported |
0.0006 |
Non-Trading Fees
| Fee | BTC Direct | Bitget |
|---|---|---|
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 |
0.0005 BTC |
0.0006 BTC |
Inactivity Fee |
No |
No |
BTC Direct vs Bitget: Trading Assets
| Asset Name | BTC Direct | Bitget |
|---|---|---|
Overall |
9+ |
355+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
No |
Yes |
Binance Coin (BNB) |
No |
Yes |
Uniswap (UNI) |
No |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
No |
Yes |
Cardano (ADA) |
No |
Yes |
Stellar (XLM) |
No |
No |
IOTA (MIOTA) |
No |
No |
Tron (TRX) |
No |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
No |
Yes |
Crypto ETF |
No |
No |
BTC Direct or Bitget: Investment Programs
| Asset Name | BTC Direct | Bitget |
|---|---|---|
Staking |
No |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Copy Trading |
Trading Platforms: Bitget or BTC Direct
| BTC Direct | Bitget | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Bitget or BTC Direct
| BTC Direct | Bitget | |
|---|---|---|
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: Bitget or BTC Direct
| BTC Direct | Bitget | |
|---|---|---|
Indicators |
No |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Bitget or BTC Direct
| BTC Direct | Bitget | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Bitget or BTC Direct
| BTC Direct | Bitget | |
|---|---|---|
Market |
No |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
BTC Direct vs Bitget: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | BTC Direct | Bitget |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
No |
Credit/Debit Card |
Yes (Only deposit) |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
BTC Direct vs Bitget: Research
| Research Type | BTC Direct | Bitget |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
No |
Chart Analysis |
No |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
No |
BTC Direct vs Bitget: Education
| Education Type | BTC Direct | Bitget |
|---|---|---|
Demo-account/Paper Trading |
No |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
Bitget vs BTC Direct: Support
| Support Features | BTC Direct | Bitget |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
Ticket |
No |
BTC Direct vs Bitget: Crypto Bonuses and Promo
| Promo | BTC Direct | Bitget |
|---|---|---|
Crypto Bonus |
No |
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. |
Affiliate Program |
You will get 0.5% of the trade amount from all trades of your referrals. The referral status is unlimited. |
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. |
|
Your capital is at risk.
|
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.
Top 5 Reviews on BTC Direct
-
Comment
BTC Direct trading is turned into hell. They are in complete control of this process. You want to close a deal, and you can't do it for 3 minutes. Of course, this all has consequences in the form of financial losses. This is how this company works.
-
Comment
BTC Direct may have been normal in the past, but now no one can say anything good about them, since they have already shown their real face quite well. I know firsthand what trading in BTC Direct is.
-
Comment
Newcomers to BTC Direct should definitely not meddle. Not the conditions to try and learn. The conditions are designed for crypto traders who trade in large volumes. I myself did not go to BTC Direct for a long time, because it was simply unprofitable. Now I see more advantages for myself here. I don’t complain about the commission, I receive discounts from time to time, the platform draws my volumes with a bang. Some are afraid that BTC Direct has a limited number of assets, but this exchange is not for those who are looking for something new and in general in search. Those who have a strategy trade here. Webinars, respectively, for advanced traders. I would advise you to soberly assess what you want from the exchange and whether BTC Direct has it.
-
Comment
The BTCDirect crypto exchange is a reliable company that offers not only favorable conditions but also an easy-to-use web-based trading platform. But it will not suit those who are used to changing instruments every day because there are not many instruments here, so you will not overclock too much. My strategy is tailored for Bitcoin, but to some extent, it is also suitable for ETH (Ξ), so BTCDirect conditions suit me fine. It is also convenient that each of the currencies can be traded from different wallets. Another plus of this exchange is the free withdrawal of funds. I don't find any particular flaws in BTCDirect, so I recommend it for trading.
-
Comment
Before I started trading, I encountered difficulties while installing a wallet on my computer. BTCDirect does not offer hot storage, and I did not find instructions on how to download and install the program on the website. I figured it out only with the help of technical support. Although I am reassured by the fact that now my money is in a secure vault, to which only I have access. I am going to work only with Bitcoins, as it is the most liquid instrument, besides, on the BTCDirect exchange, the commission for trading BTC is lower than for other altcoins.
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.