BRC-20 tokens are one of the hottest things at the moment. But it’s not always easy to find them. And you may not want to buy 500 or 5000 of $ORDI as you see on this list. What do you do?
Well, one exchange is leading the way in offering BRC-20 tokens. They are making it as easy to buy $ORDI or $NALS as it is to buy BTC or ETH. Who am I talking about? Bitget. Let’s check them out and see what other parts of the market they are also leading.
What is Bitget?
So it’s true that Bitget recently started listing BRC-20 tokens like $ORDI. And it says a lot about the type of exchange they are. Not to mention the way they run their business that they could adapt this quickly to start trading these tokens. But listing tokens is not the only thing they are about.
One of their best features is No KYC for up to $500,000 in daily withdrawals. Yeah, it’s a huge number. It’s no surprise with a benefit like this that Bitget has over 8 million users in over 100 countries. Being able to transact with whoever you want regardless of where they are is a first principle of crypto. And Bitget helps make that happen with this high KYC limit.
Source: Twitter
Bitget has been around since 2018. One of my other favorite benefits is their Proof of Reserves. This one is the real deal. Some exchanges move coins in to make it look like they have reserves just to move them back out again. Those that use Merkle Tree proofs along with a more than 100% Proof of Reserve as you see here are the real thing. Like how public transactions on the chain never lie, neither do Merkle tree proofs. In the biggest assets like BTC, ETH, USDT, and USDC, Bitget holds 217% of customer deposits in reserves.
Show me a bank that does that. Bitget also has a nice P2P trading setup for those who cannot send fiat directly to the exchange. With over 450 coins supported, there’s a good chance the coin you want is here. Spot Trading makes it easy to trade and exchange any coin Bitget supports.
So, Bitget takes security very seriously. They have a clear separation of hot and cold wallets and multi-signature wallets. You can use only email and/or phone if you want to. But Bitget also uses Google Authenticator for 2FA. And they even do funding codes where you have to enter a password to move your funds. There’s even full customer data lifecycle encryption in place to protect your data from hackers. Plus, a $300 million security protection fund.
Source: Twitter
These are good quality security measures and things I like to see in an exchange. And they keep getting better. Check out all the great stuff they did in Q1 of this year:
- Huge increases in spot and trading volumes.
- Increases in the protection fund and Reserves.
- 105 new tokens listed and more.
Which exchange is your favorite right now for getting the coins you need? Let us know in the comments below.
The Futures is Now
If the KYC and other cool features weren’t enough, where Bitget really shines is in futures trading. As I’ve mentioned before, most futures trading is by professional traders. They use it as a hedge on existing positions.
And Bitget is a real standout here. They are in the top 5 globally in crypto derivatives volume, according to CoinGecko, Forbes, and BCG. They offer USDT and Coin-based futures. And not just those, Bitget offers USDC futures too. In fact, they do $10 BILLION in trading volume.
Source: Twitter
You can trade in USDT, USDC, or the coin of your choice in a futures contract. That’s more than most. And unlike other platforms, you can track and copy the futures trading of successful professionals. That’s with their copy trading service. It works in both the Futures and Spot markets.
The Altcoin Buzz Copy/Trade Case Study
We love these great features that Bitget has to offer. In fact, we are preparing a dedicated deep dive video into some of them with a case study coming up soon. Here’s a sneak preview of some of what you will see.
You can see in this video that we are looking at Bitget’s Copy Trading service. It’s great for pros and newbies alike. We are going to try it with a couple of different trading strategies and share the results with you. And we will share how you can control your risk properly while you trade to make money. Not only that, Bitget has a special offer coming for those of you who try the copy trading service.
And until then, you get a bonus just for signing up for a new Bitget account with no KYC up to $500,000 and making a deposit of only $100. Can you believe it? Only $100 and you earn some ROI right away before you make your first trade. Just sign up and deposit. Trade $50k in futures and get even more bonuses. You can also get up to a $5,000 bonus depending on the size of your first-time deposit. Terms & conditions apply. Try Bitget today at this special link to qualify for the bonuses.
⬆️ For more cryptocurrency news, check out the Altcoin Buzz YouTube channel.
⬆️ Our popular Altcoin Buzz Access group generates tons of alpha for our subscribers. And for a limited time, it’s Free. Click the link and join the conversation today.
