While looking for a crypto exchange to trade crypto, you should not overlook the Bitget exchange as an option. This is a well-known platform that entertains more than 8 million registered users from all over the world.
Founded in 2018 by Sandra Lou, Bitget has quickly grown to become a prominent and one of the best platforms in the industry. Out of all other options available for you in the market, one of several reasons why Bitget stands out is the availability of a wide range of digital currencies. There are more than 400 digital assets available and a daily trading volume that is approximately $10 billion.
This Bitget review also highlights the fact that the platform is the number 1 copy trading platform and in terms of derivatives volume, it is also among the top 5 platforms.
This was a brief introduction of the platform. More details of the exchange are mentioned below.
Copy Trading on the Bitget Exchange
If you’re a novice trader looking to simplify your cryptocurrency trading experience, Bitget is the ideal platform for you. With its copy trading feature, you can easily mirror the trades of more experienced traders and potentially profit from their success.
The copy trading feature is a convenient tool that simplifies the process for novice traders. By mirroring the trades of expert traders, inexperienced traders can benefit from their knowledge and potentially earn profits from their success.
Experienced traders on Bitget exchange can earn 8% of the profits generated by the traders who copy or follow them. With Bitget’s simple copy trading feature, novice traders can easily get started by following a few simple steps.
- Selecting the trading pair to copy
- Choosing between fixed ratio or fixed account
- Selecting the leverage type
- Setting the leverage
- Choosing between isolated or cross mode
- Reviewing the copy trade data
- Making any necessary adjustments
- Finally closing the position
Fee Charged by the Platform
When conducting a Bitget review, one crucial factor to consider is the platform’s fee structure. A reliable exchange is transparent about its fees, including any hidden charges that may exist.
Fortunately, Bitget is upfront about its fees and does not charge for deposits or withdrawals. Instead, the trading fee is tiered based on trading volume, with users who trade more frequently receiving lower fees.
The fee structure is a critical aspect of any Bitget review, as it can indicate whether the exchange is trustworthy or not. Thankfully, Bitget is a transparent platform that doesn’t charge fees for deposits or withdrawals, and offers lower trading fees to high-volume traders.
User-friendly Interface of the Exchange
This brief review of the Bitget exchange demonstrates why it’s a top choice for traders at any level of expertise. Its intuitive interface is straightforward and doesn’t require any technical knowledge that might intimidate new users.
Additionally, the registration process is fast and simple, meaning that traders can start buying and selling digital currencies right away. Bitget also offers both web and mobile applications, enabling traders to access the platform from anywhere in the world, at any time. With its user-friendly design and accessibility, Bitget is an ideal and dependable platform for traders of all types.
High-end Security Provided to Users
By reading this comprehensive Bitget review, you can gain a better understanding of the exchange’s commitment to user security. Through the implementation of advanced security technologies and protocols, Bitget is one of the safest platforms in the industry. While no platform can guarantee complete safety, employing high-end security systems can significantly mitigate risks.
Bitget provides the utmost security to its users, utilizing a $300 million protection fund as an additional layer of security, along with the Merkle Tree Proof of Reserves (PoR).
Some of the advanced security protocols used by the Bitget exchange include:
- Hot wallets
- Cold wallets
- 12 A+ ratings from SSL Labs
- Two-factor authentication (2FA) system
Wide Variety of Digital Assets Supported
When considering using the Bitget exchange, it’s essential to have a clear understanding of the platform’s attributes. This comprehensive Bitget review covers all the major features that potential or new users should be aware of. Gaining knowledge about an exchange can make the decision-making process easier, especially for those without prior experience or information.
Bitget stands out from other exchanges for various reasons, including the vast selection of digital assets it offers. The exchange supports over 400 cryptocurrencies, providing users with ample choice and flexibility.
Some of the top digital currencies used by the exchange include the following:
- Bitcoin (BTC)
- Chainlink (LINK)
- EOS (EOS)
- Ethereum (ETH)
- Litecoin (LTC)
- Polygon Matic (MATIC)
- Ripple (XRP)
- Tron (TRX)
Final Takeaways!
The Bitget exchange can be an outstanding platform for a vast audience interested in trading crypto, thanks to the impressive features and services it offers. To ensure that what Bitget offers matches your criteria and requirements, you should take a look at the details above.