General Overview
Bitget launched in 2018 and evolved into a mid-tier global exchange combining spot, copy trading, and derivatives. It aims to balance accessibility with advanced features. Clean onboarding, social trading guidance, and steady feature growth give it a practical appeal for small to mid-level traders.
Smooth Onboarding
Signup is quick: email or phone plus password. Verification is optional at first and usually clears within a day when required. The dashboard highlights spot pairs and nudges new users toward copy trading without being intrusive.
Spot and Derivatives
- Spot markets - BTC, ETH, BNB, SOL, plus mid-tier altcoins. Fees start at 0.10% and scale down with volume or BGB token holdings.
- Futures - perpetual contracts up to 100x leverage. Maker fees ~0.01%, taker fees ~0.02%. Interface allows cross or isolated margin, funding rates displayed clearly.
- Seamless navigation - switching between spot and futures is smooth, without separate apps or clunky dashboards.
Copy Trading
Bitget’s standout feature is copy trading. Users browse trader profiles showing returns and risk levels, then allocate funds to mirror trades automatically. Stop-losses and allocation settings keep control in the follower’s hands. This makes derivatives accessible for less experienced traders.
Fees and Costs
Spot fees start at 0.10%. Futures are lower, with maker at 0.01% and taker at 0.02%. Holding BGB tokens or hitting VIP tiers reduces costs further. Fiat purchases through partners carry ~0.5% markup. Withdrawals usually clear in under an hour but can lag during network congestion.
Security and Licensing
Security includes cold storage, withdrawal whitelists, and Google 2FA. Bitget reports zero fund losses to date. Regulation is partial: VASP registration in Europe, compliance in Asia-Pacific, but no FCA or FINMA license. That means no deposit insurance and limited external auditing.
Pros and Cons
Pros
- Balanced platform with spot, futures and copy trading in one interface.
- Copy trading lowers barriers for beginners.
- Transparent and competitive fee structure.
- Good security track record with cold wallets and 2FA.
Cons
- Support delays during high activity cycles.
- Not fully regulated in all major jurisdictions.
- Futures access limited in restricted regions (like the US).
- No strong DeFi or NFT integration for yield-seekers.
Final Take
Bitget positions itself as a versatile yet focused exchange. It suits new to intermediate traders who want spot, futures, and social trading in one place. Copy trading is its edge, while fees remain competitive. Still, regulation gaps and support bottlenecks prevent it from matching top-tier exchanges. For most mid-level traders, it delivers a solid balance of features and usability.