BitGet Review & Free Signal for Beginners 2024
Minimum deposit
- ₮1
Trading platform
- Own platform
Regulation
- MAS
Foundation date
- 2018
Bitget is a dynamic and innovative cryptocurrency derivatives exchange that has quickly risen to prominence since its establishment in 2018. With a strong focus on user experience and cutting-edge technology, Bitget offers traders a seamless and efficient trading platform. The exchange provides a wide range of cryptocurrency derivatives, including futures and options, allowing traders to diversify their portfolios and capitalize on market opportunities. Bitget’s intuitive interface and advanced trading tools cater to both novice and experienced traders, making it a preferred choice for those looking to enter the world of cryptocurrency derivatives trading.
What sets Bitget apart is its commitment to security and customer satisfaction. The exchange employs stringent security measures, including cold wallet storage and two-factor authentication, to protect users’ funds and personal information. Bitget also offers 24/7 customer support to assist traders with any issues they may encounter. With its strong emphasis on innovation, security, and customer service, Bitget continues to be a leading player in the cryptocurrency derivatives market, providing traders with a reliable and secure platform to trade digital assets.
Advantages of trading with BitGet:
- availability of demo accounts;
- convenient ways to contact the support service;
- a wide range of cryptocurrencies for account replenishment;
- service of copying trades for receiving passive income;
- ability to reduce commissions using credits earned in the bonus program;
- ability to engage in algorithmic trading;
- the exchange uses hot and cold cryptocurrency wallets to store client funds.
Disadvantages of BitGet:
- Deposits and withdrawals in fiat currencies are not available.
- There are no educational materials for novice traders on the exchange website
BitGet Summary 2024
💻 Trading platform:
- Own platform
📊 Accounts:
- Standard, demo mode
💰 Account currency:
- Cryptocurrencies
💵 Replenishment / Withdrawal:
- Cryptocurrency wallets, P2P
🚀 Minimum deposit:
- ₮1 (USDT)
⚖️ Leverage:
- Up to 1:125
💼 PAMM-accounts:
- No
📈️ Min Order:
- 0.001
💱 Commission:
- Fixed
🔧 Instruments:
- Cryptocurrencies
💹 Margin Call / Stop Out:
- NO
🏛 Liquidity provider:
- No
📱 Mobile trading:
- Yes
➕ Affiliate program:
- Yes
📋 Orders execution:
- No
⭐ Trading features:
- BitGet is available for buying cryptocurrencies, spot trading, and trading futures contracts. As investment programs, a trade copying service and affiliate program are presented.
🎁 Contests and bonuses:
- There is a bonus program for completing certain tasks and a rebate program
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Access to trading at BitGet opens after the user registers on the site. Also, the clients of the exchange can go through verification, for this, in the user’s account, you need to upload a photo of identity documents and wait for the documents to be verified by the company, after which the account will be verified. Verification of identity allows you to expand the limits on the maximum withdrawal amount from ₿20 to ₿200. It is not necessary to verify your account to trade. You can increase your security level with two-factor authentication. The minimum replenishment amount depends on the cryptocurrency chosen and the transaction selected. Each cryptocurrency has its own minimum. When setting up an order, traders can choose the amount of leverage, at BitGet it varies from 1:1 to 1:125. If errors, problems, or difficulties occur, BitGet users can contact support via online chat or email for assistance. It works around the clock 7 days a week and the average response time is 5-7 minutes.
BitGet Free Trading Signals
How to get free BitGet trading signals?
- Create a BitGet account through our website link.
- After registration send us your user ID.
- If you confirm correct registration through our link you will get lifetime free trading signals.
Inehub Expert Advice for Bitget
BitGet is a fairly young cryptocurrency exchange that was founded in 2018. Within three years of active work, the company has entered the international market and at this moment, its capitalization is more than $1 billion. BitGet is available to global traders, its activities are licensed in 4 countries, and it has the right to provide financial services in 11 countries. Among the licenses, there is an MSB license from the USA and Canada, and a license to operate as a digital currency exchange (DCE) from Australia.
For traders, the BitGet exchange offers comfortable working conditions. The trading fee for the maker is 0.02%; for the taker, it is 0.06%, which is one of the lowest rates in the market. The commission size is the same for all trading instruments. The exception is spot trading, in which case the fees will be 0.1%. When registering, replenishing an account, and other standard operations, the exchange gives all users a welcome bonus, the maximum amount of which is $158. It can be used to pay commissions and thus reduce trading costs. In addition to active trading, the exchange provides an opportunity to receive passive income using the service of copying trades. Copy-trading at BitGet is actively developed and is one of the key areas of the company. A standard affiliate program is also available.
The crypto exchange has a proprietary trading terminal. BitGet clients can make trades both on a desktop computer and from mobile devices through its mobile application. The platform has basic functionality, which is enough for both novice and more experienced traders. In addition, demo accounts are available where you can practice or test trading strategies.
The BitGet trading terminal is stable. Security is ensured by the use of SSL protocols (rating A+), as well as hot and cold wallets for storing funds. The disadvantage of BitGet is the impossibility of replenishing an account in fiat currencies. However, it remains one of the most popular exchanges in the market, which are actively developing and expanding the range of services.
Trade with this broker, if:
- You are an experienced cryptocurrency trader. Bitget offers advanced features like leverage, copy trading, and margin trading, which are best suited for experienced users who understand the risks involved. These tools provide experienced traders with opportunities to optimize their strategies and potentially maximize their returns.
- You seek competitive fees. Bitget boasts low trading fees, especially for spot trading, and offers discounts for using their native token, BGB.
Do not trade with this broker, if:
- You are risk-averse. Leverage, margin trading, and futures contracts involve significant risks of substantial losses, which should be avoided by risk-averse investors. If you prioritize capital preservation and are not comfortable with the high level of risk associated with these trading strategies, Bitget may not be suitable for you.
- You prioritize trading on platforms with high liquidity to ensure smoother order execution and better pricing. In that case, you may prefer using more established exchanges over Bitget.
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The top 10 countries where BitGet is most frequently used
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Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.