Bitget Review 2023 Fees, Facts & WARNINGS

Selecting a more Gung-Ho trader with higher risk may work out for a while, but it does increase the risk potential. This article is a guide to Bitget copy trading, packed with tips and tricks for making the most of your Bitget copy trading experience. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Jan is a direct response copywriter, SEO writer & case study specialist. Jan became interested in cryptocurrencies in 2016, starting with a small portfolio of coins. Overall, the Bitget copy trading service gets a thumbs up, and we imagine it will continue to attract many new followers.
Direct crypto purchases also carry a fee, which varies depending on the the payment provier you choose. Copy trading can be an accessible way to learn from professional crypto traders. Cyrpto convert / USDBGB aren’t guaranteed, but if you choose a steady Elite Bitget Trader, with results showing low-risk profitability from a consistent approach, you are more likely to have better returns. Social trading offers a learning opportunity for crypto trading novices. You won’t have to guess the reasoning behind the trades, such as the technical and fundamental analysis.
It also has plans of expanding its crypto education and CSR programs through sponsorships and partnerships. Bitget is also recognized for providing exceptional rewards to its customers, making it a competitive choice in the market. It also offers a simple and easy-to-navigate user interface that makes the trading experience smoother.
The referrer can earn up to $3000 per referral, which is not too shabby. It worked seamlessly, was easy to navigate, the UI/UX was easy on the eyes, and I could not find fault with it. My sentiment is mirrored by the impressive 4.9 out of 5 rating on Google, and 4.7 out of 5 on the App Store on over 11k reviews across both sites. Of course, this emphasizes the importance of enabling 2FA and keeping your passwords safe and unique. However, completing the KYC process can remove some limitations you might face on the exchange. Bitget also stands out in the security department with its $300 million protection fund and the Merkle Tree Proof of Reserves.
In this area, Bitget is not as competitive as the likes of KuCoin or Binance, but they do have the benefit of regulatory compliance on their side. I am not saying they do not have a purpose; they can be highly effective for those who know how to use them correctly. When I say I am not a fan, it is because it attracts inexperienced traders who see auto trading as easy money, and who do not understand that there are good times, and bad times, to deploy this strategy. Now, I have used grid trading strategies extensively in the past and must say that I am not a big fan as this style of trading is incredibly dangerous. Then I thought, well, this “little exchange,” isn’t so little, and they have been quietly building behind the scenes and offer innovative features not found anywhere else.
The high withdrawal limit for non-verified accounts makes Bitget one of the best crypto exchanges without KYC. Bitget has a sizable market share but is not the biggest cryptocurrency exchange by trading volume. According to CoinMarketCap, the digital asset exchange ranks 164th among all cryptocurrency exchanges.
The platform will generate the wallet’s address to save it to their wallet, or they can scan the QR code. All you have to do is choose your preferred trading pair, order type, and leverage. After you’ve provided the quantity and order price, you’ll need to choose your order’s direction.