Bitget : The exchange trading that shakes up its competitors
In this article, we present to you Bitget, a crypto exchange platform that has focused on trading to offer an ultra-complete offer to its users. Between trading, copytrading, earning and launchpad, Bitget offers a range of services that will appeal to most crypto investors. We tell you everything about this new exchange which does not hesitate to stand out.
Bitget is a young exchange, born in 2018, which offers crypto trading services. The exchange platform is innovative because it offers a service located halfway between a pure crypto exchange and a broker.
Generally, crypto trading services are offered by brokers who offer CFDs (contracts for difference). Bitget is a cryptocurrency exchange like Binance, Kraken or FTX while offering very advanced trading services.
The platform has continued to innovate and stand out from its competitors.
In 2019, it is the first platform to offer leverage on USDT contracts
In 2020, she launched her crypto copy trading service and became the first to offer it
In 2021, Bitget takes a turn by becoming the first to offer Swap Quanto contracts (a contract in which the parties exchange variable interest in different currencies).
Bitget has 500 employees spread across 20 different countries. Its website is available in 13 different languages and in 10 different currencies.
On CoinMarketCap, at the time of writing this article, the exchange is in 31st position in the ranking of derivatives exchanges and in terms of daily trading volume.
What are the features of Bitget ?
The possibilities on Bitget are numerous and the site offers a wide range of cryptocurrency and trading products.
Here are the different features found on Bitget :
Bitget offers access to the main cryptocurrencies on the market in spot trading. You can thus buy the tokens you want at market prices.
The particularity of Bitget is that the platform offers spot trading with 0 fees.
Trading Futures on Bitget allows you to easily trade pairs on USDT or USDC. You can place “limit”, “market”, “trigger” orders with leverages up to x125.
Bitget provides access to all the tools and indicators a trader needs on charts.
The Bitget platform stood out for its unique functionality in the field of Copy Trade. This feature allows anyone to follow the trades of the biggest traders by knowing their results upstream.
Bitget references more than 12,000 professional traders who all share their trades. There is a “One-Click Copy Trade” feature that automates trade tracking.
Similar to Binance, Bitget offers Earning programs to its users.
Behind this function, we find “flexible” crypto investments that can go up to 20% APY when there are “events” and more reasonable percentages of 1-5% normally.
Flexible earning is a kind of crypto savings account on which tokens are placed and which earns fixed daily interest. The notion of flexibility refers to the fact that you can stop investing at any time and recover your capital to use it otherwise.
The Earn feature also offers Farming programs. It is a kind of staking investment on 2 different crypto currencies and which pays high interest.
One of the advantages of Bitget is its Launchpad proposal. The latter is a style of “project incubator”. When a crypto project is going to see the light of day and it needs funds and notoriety, it can go through a launchpad for a certain period until its launch.
During this period, investors may decide to invest in the project in order to have tokens in the first place and often cheaper.
It allows projects to have funds at launch and investors to invest in sometimes innovative projects that have a future.
Attract users with offers and contests
If Bitget is gaining such notoriety lately, it is because the platform knows how to attract new users. All the features that the exchange offers are already exclusives that investors are looking for and can only find at home.
But the platform does not stop there and often offers exclusive offers. Recently, at the beginning of September, Bitget came up with a “0 trading fees” communication to attract new users.
In addition, bonuses await new members :
1 million $BGB (Bitget’s native token) to be won
Up to 100% APY in the Earning program
“Promos” on buying crypto
We can say that Bitget has found the parade to attract investors and their capital.
Registering on the site is very easy. Just go to their website bitget.com and click on “sign up”.
You fill in the basic fields with your email address and password
You will immediately receive a confirmation email with a code to insert
Your account is already created !
To be able to start buying cryptos and trading, you will have to go through the securing and identification phase. To do this, you must : verify your phone number, your identity and verify via Google Authenticator.
The Bitget app
To use the Bitget exchange platform, you have the choice between the computer-accessible website or their mobile app.
To download the mobile app, first go to their website to scan a download QR code.
Our Bitget review
Bitget is a super young and modern platform that does not rest on its achievements. We feel a real desire on their part to offer a complete and attractive service to their members. This is a very big quality that not all trading platforms necessarily have.
The exchange wants to stand out by offering features that its competitors do not have and that make it unique.
Our overall opinion on Bitget is positive between :
A very complete offer
A site and an app oriented user experience
A very interesting and secure Earn program
A launchpad to place yourself on the new projects of tomorrow
⚠️ This article is published for informational purposes and should not be considered as investment advice. Crypto-currency trading involves risk and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and shall not be held liable, directly or indirectly, for any damage or loss caused as a result of using any goods or services highlighted in this article. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.
Web editor for many years and SEO specialist, Thomas became an editor for InvestX when the site was launched. Passionate about the field of crypto and Web3, Thomas has made it his mission to deliver maximum value and introduce readers to the world of blockchains, considered for him as the world of tomorrow.
Risk Warning: Trading financial instruments and/or crypto-currencies involves high risks, including the risk of losing all or part of your investment, and may not be suitable for all investors. Crypto-currency prices are extremely volatile and can be affected by external factors such as financial, regulatory or political events. Trading on margin increases financial risk.
Before deciding to trade in financial instruments or crypto-currencies, you should be fully informed of the risks and fees associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and tolerance for risk, and seek professional advice if necessary.