Payment methods such as Mastercard, VISA, Apple Pay, and Google Pay are accepted for purchasing crypto, with no fees charged for fiat deposits. Bitget offers an exclusive feature called Quanto Swap Contract trading. With this feature, users can utilize their diverse crypto assets as collateral and engage in margin trading with a wide range of crypto trading pairs. Bitget offers a diverse selection of over 500 trading pairs for spot trading. Users familiar with other crypto trading platforms will easily navigate Bitget’s spot trading screen. It offers lightning-fast order execution, crucial for avoiding issues such as slippage.
This is useful in the event of a large liquidation, as the insurance fund helps prevent a contract loss. While not as sophisticated as top platforms like Binance, Bitget offers a smooth trading interface, copy trading, and efficient charts to make sound investment decisions. On the left-hand side of the interface, Bitget runs the order book, which monitors transactions on that particular asset. Basic trading bots include Grid and Grid Position, and Smart Portfolio to automatically rebalance the value of your portfolio.
The availability of spot margin changes from market to market. Bitget is a crypto exchange and Web3 brand that started in Seychelles in 2018. New users who want to get the most out of Bitit will verify using the menu that pops up after confirming their account.
- They range from 1.56% for BTC (Bitcoin) to 3% for ETH (Ethereum), with 100% APR on XUI.
- It’s easy for newcomers to open an account and start trading on the spot or by copying someone else.
- The platform offers multiple types of bots, including grid bots, Martingale bots, CTA bots, and Smart Portfolio bots.
- This allows its customers to trade anywhere and anytime they want seamlessly.
- Bitget provides around-the-clock support through its live chat system.
Bitget Averages $750B in Monthly Volume as Institutions Drive 80% of Spot Trading
Apart from cryptos, you have numerous fiat currencies that you can choose from when depositing or buying coins at Bitit. You have EUR, USD, GBP, CAD, AUD, CNY, KRW, JPY, TRY, HKD, SGD, SEK, NOK and DKK. They offer EV SSL certification for the web page, two-factor authentication, and strict verification procedures, and they do not store account passwords or card numbers.
The main difference between Bitit and LocalBitcoins is that latter exchange is peer-to-peer (P2P) based, as traders buy and sell coins between each other. The platform offers only bitcoins through various payment methods (over 50 of bitit review them). The fees, no matter what purchase option is chosen, stands at 1%.
Quick and user friendly!!!
This is simply a ‘Spot’ trading option for new and inexperienced investors. Complete beginners can use Bitget’s Convert feature to quickly swap between different digital assets. This completely eliminates the need to use any complex trading interfaces or orders. Since Bitget functions on the basis, of “Compliance is Cornerstone” it makes sure that it aligns with relevant laws and regulations. Moreover, it has a mandatory KYC procedure which makes it safe and secure for trading. Not being limited to the procedure, Bitget has a $410 million protection fund the second largest in the industry, and proof of reserves which shows real-time proof of assets.
Top Exchanges
Bitget’s sole responsibility is to manage cryptocurrency deposits and withdrawals on their platform. They do not have an in-house payment system that can cater to customers who wish to purchase cryptocurrencies using debit/credit cards or other payment methods. Bitget provides reliable and accessible customer support to ensure a smooth trading experience for its users. The platform offers multiple support channels, including chat, email, and automated bots, allowing users to get assistance through their preferred method.
HyroTrader Review Crypto Prop Trading
Alternatively, click on I’ll Do This Later to go to the dashboard where you’ll be able to deposit and exchange crypto, albeit in limited capacity. Bitit recommends users verify their passport and advertises a 5-minute verification time. Input the details of your passport including full name, issue and expiration date, passport number and other details. Then upload a picture of the passport and wait for the verification email to arrive. Buy cryptocurrencies via credit/debit cards and all the cards from prominent card processors such as VISA, Mastercard, Maestro, American Express. CEX.IO, unlike LocalBitcoins and Paxful, is more close to Bitit, as you can buy or sell coins directly from the company.
Bitget Exchange Features
Nonetheless, the market crash shoo-ed away most speculators and less than 10% of the people chose to stick to their convictions and rebuild. Although computers are considered the preferred tool for many cryptocurrency investors, mobile phones are also another important tool. KYC (Know Your Customer) identity verification is a common procedure used in the financial industry and other industries such as telecommunications and internet service providers.
It depends on the product, the user’s risk appetite, and how long they’re willing to lock in funds. Regular users pay a flat fee of 0.02% for maker orders and 0.06% for taker orders on all three account types (USDT-M, Coin-M, and USDC-M). Similar to spot trading, futures trading fees can be reduced with a 30-day trading volume. Bitget offers a P2P trading platform where you can buy and sell cryptocurrencies directly with other users. One of the biggest advantages of Bitget P2P is that there are zero fees for using the platform. The Bitget app is quite similar to the Bitget exchange that you use on your computer.
- The exchange also offers users learning resources and information about using the platform or solving common problems users face via the Bitget Academy.
- When the event is over, they get an amount of event tokens based on how much they pledged.
- The Bitget app is quite similar to the Bitget exchange that you use on your computer.
- It has various trading pairs that advanced traders invest in via derivatives contracts.
- Even more important is that the Bitget app allows users to trade in the futures markets.
- The charting tool is powered by TradingView, which is widely used across the crypto space.
New users often treat it like shadowing a pro, watching the entries, the exits, and maybe even the mistakes. It is like sitting beside someone during the test and figuring out why they chose B instead of C. If you want the trade to execute immediately, choose market order instead. On the institutional side, Bitget OTC fills a different role. Large-volume traders and high-net-worth investors use it for direct crypto-to-fiat conversions.
Customer service is available 24 hours a day, ensuring that help is always at hand regardless of the time zone. This round-the-clock support is particularly beneficial for global traders who may encounter issues at any time. By offering prompt and efficient assistance, Bitget demonstrates its commitment to providing a user-friendly trading environment and maintaining high levels of customer satisfaction. Bitget has an average response time of 3 minutes which is one of the fastest as compared to other major exchanges.
So far so good, this was fairly simple to set up and understand and navigate.
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