Bitget review
Bitget is a centralized cryptocurrency exchange founded in 2018 and registered in Seychelles, best known for popularizing copy trading, which it markets as the largest such offering among exchanges. It lists 600+ tokens for spot and derivatives trading and runs a native BGB token that discounts fees. Rather than holding one major license, Bitget has assembled a set of regional registrations, including Australia's AUSTRAC, Italy's OAM, Lithuania's FCIS, Poland, El Salvador, Georgia and Argentina, and offers a limited UK service through a partnership with FCA-regulated Archax rather than an FCA license of its own. It is unavailable to US and Canadian residents, and Saskatchewan's securities regulator issued a 2025 notice that Bitget was not registered to trade or advise there.
Bitget key facts
- Website: www.bitget.com
- Category: Centralized cryptocurrency exchange (CEX)
- Founded: 2018, by Sandra Lou
- Headquarters: Victoria, Seychelles; EU compliance base in Vienna
- CEO: Gracy Chen, since May 2024
- Regulatory footprint: AUSTRAC (Australia), OAM (Italy), FCIS (Lithuania), Poland, El Salvador, Georgia, Argentina; UK access via Archax partnership, not a direct FCA license
- Trading fees: Spot 0.1% maker/taker, 0.08% with BGB discount; futures 0.02% maker / 0.06% taker at standard tier
- Supported assets: 600+ coins across 600-700+ trading pairs
- Notable restriction: Blocked for US and Canadian residents; Saskatchewan issued a 2025 unregistered-dealer notice
- FYI Score: 89/100 (ranked #7 of the 48 crypto exchanges we track)
Trading fees
- Standard spot fee of 0.1% maker and 0.1% taker, reduced to about 0.08% when paid with the BGB token
- USDT-margined perpetual futures at 0.02% maker / 0.06% taker at the base tier
- VIP volume tiers scale up to VIP7, where maker fees drop to zero on spot and taker futures fees fall to about 0.02%
- Withdrawal costs vary sharply by network (for example, USDT is far cheaper to withdraw via BEP20 than TRC20)
Supported assets and products
- 600+ listed tokens across spot, margin and futures markets, with roughly 600-700 trading pairs depending on source
- Markets itself as the largest copy-trading platform in the industry, with leaderboards and follower risk controls
- Simple Earn and staking products, plus a Launchpad for new token listings
- Trading bots (grid and other automated strategies) alongside manual spot and derivatives trading
Security and regulation
- No major reported hack; Bitget publishes monthly Proof of Reserves and holds a multi-hundred-million-dollar protection fund
- ISO 27001:2022 certified, with multi-signature cold storage for the majority of customer assets
- Holds registrations in Australia, Italy, Lithuania, Poland, El Salvador, Georgia and Argentina rather than a single global license
- UK users are served through a partnership with FCA-regulated custodian Archax, not a direct Bitget FCA authorization; US and Canadian residents are blocked outright
Fiat and payments
- Fiat on-ramps vary meaningfully by region, including card purchases and P2P trading
- Card deposits and the simple-buy spread typically cost more than the exchange's headline trading fees
- BGB token underpins a broader fee-discount and ecosystem-perks program
Markets
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Who Bitget is for
Suits active and derivatives traders outside the US and Canada who want copy trading and BGB fee discounts; those prioritizing a single strong home-market regulator should treat Bitget's scattered registrations as a real gap, not equivalent protection.
Pros
- One of the most developed copy-trading ecosystems among major exchanges, with follower controls and public leaderboards
- Competitive spot and futures fees, with further discounts for BGB holders and high-volume VIP tiers
- Consistent monthly Proof of Reserves reporting and no reported history of a major hack
- Wide asset selection at 600+ listed tokens
Cons
- No license from a top-tier regulator (US, EU-wide MiCA, or direct UK FCA authorization); UK access instead runs through a third-party partnership with Archax
- Blocked entirely for US and Canadian residents
- Saskatchewan's Financial and Consumer Affairs Authority issued a 2025 notice that Bitget was not registered to trade or advise on securities or derivatives in the province
- Numerous Trustpilot complaints about frozen accounts and withdrawal delays despite a clean hack record
Bitget FAQ
Is Bitget regulated?
Partially and unevenly. Bitget holds regional registrations including AUSTRAC in Australia, OAM in Italy, and FCIS in Lithuania, plus approvals in Poland, El Salvador, Georgia and Argentina, but no single top-tier license covers its global business. UK users are served through a partnership with FCA-regulated custodian Archax rather than a direct Bitget FCA authorization, and Saskatchewan's securities regulator issued a 2025 notice that Bitget was not registered to trade or advise in the province.
What are Bitget's trading fees?
Standard spot fees are 0.1% maker and 0.1% taker, reducible to about 0.08% by paying with the BGB token. Futures start at 0.02% maker and 0.06% taker at the base tier, with both spot and futures fees falling further at higher VIP tiers based on trading volume or BGB holdings.
Can US residents use Bitget?
No. Bitget blocks access for US residents, along with Canada, Hong Kong, Singapore and several other jurisdictions.
Has Bitget been hacked?
No major hack has been publicly reported. Bitget publishes monthly Proof of Reserves, holds a protection fund, and stores the majority of customer assets in multi-signature cold storage, though this falls short of a full independent financial audit.
Compare Bitget with other crypto exchanges
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