Bitget is a top 5 crypto exchange and offers secure trading with an easy UI. You also have various trading platforms and earning options.
You also want a CEX that offers plenty of coins and trading pairs with competitive fees. 1 Well, the Bitget exchange offers all this, and more. That’s why, today, I will deep dive into Bitget. So, let’s see what this Tier 1 exchange has to offer……
Bitget is one of the top exchanges in the world. CoinGecko lists Bitget as 4th exchange measured by 24-hour volume. It has a ‘trust score’ of 10 out of 10. CoinGecko uses calculations to reach this score that include,
Security is an important day-to-day feature for Bitget. For example, it uses Proof of Reserves (PoR) and it has a Protection Fund. Let’s see what these two features are about.
The Proof of Reserve (PoR) involves an independent audit. This audit demonstrates that the exchange holds enough assets to cover all its customer deposits. It supports transparency and offers trust. For instance, it shows that your deposited funds aren’t misused or lent out. Bitget is indeed very transparent about this PoR. You can find monthly details online and on-chain. And while anything over 100% is good, this number at 188% is outstanding and shows Bitget is responsible with your money.
This is an insurance fund against security-related losses. Bitget has never had to use it. The fund started out with $300 million. However, the current value is around $760 million. So, if you lose your assets or if they are stolen, you can make a claim through the Bitget Protection Fund. However, this fund doesn’t cover losses that you caused by your own actions or trading behavior.
Such transparency is not common in TradFi or anywhere. In general, you don’t know how TradFi manages its funds or how solvent a bank really is. So, this kind of user protection is almost unheard of in TradFi.
Other reasons why I picked Bitget I already mentioned at the beginning of this video. For example,
So, let’s look at how you can get started on Bitget.
Getting started on Bitget is easy. The first step is to complete an identity verification. This part involves a KYC procedure or Know Your Customer procedure. You will need to show an official, government issued ID, like a passport. The ID formats can vary from country to country.
After you submit your ID, you need to make a selfie. Once both are satisfactory submitted, it takes a short while for the KYC check to complete. Once you’re approved, you can start with the following activities.
We’ll show you how to get started in just a minute. And of course, trading on the various platforms that Bitget offers. So, let’s take a closer look at how you can deposit crypto or fiat.
I start by depositing crypto. This is an easy option; in case you already have crypto available. Here are the steps.
Go to the deposit page by clicking on the top of the page on the wallet icon.
Now you can go to the original wallet or location where you have your crypto stored. Make sure you also have selected $USDT and the BNB chain and its BEP-20 address. Paste the address, or if you use the QR code, the address is already pasted in the destination box. Now you can hit the send button.
Fiat deposits are not supported by all countries. Here’s how you can find out if you can deposit fiat and buy crypto in this way.
This is also a common practice on how to buy crypto. It’s safe as the exchange monitors the activity. The exchange should also get confirmations of the transfers. With P2P (peer to peer) you trade directly with another person. You can use bank transfers or e-wallets. The way it works is straightforward.
Now you know how to deposit on Bitget. So, let’s take a look at some earn options.
With Bitget’s Earn options, you can find various ways to earn yield on your assets. I will guide you through this. Start by looking at the various available options. Now you need to align this with your risk appetite. Once you find a match, you can start earning yield. Each section will give you an explanation of what it has to offer. There’s an introduction, and it also offers a Q&A section for more information.
Simple Earn currently offers 128 crypto assets. Most are flexible, some have 7- or 14-days lock options. It shows the APR and with 7- or 14-days lock options, the APR increases. One example you can see here is earning 6% on your $USDT. That’s a great deal.
Other options include, for instance, on-chain earn. With this option, you stake your tokens. There’s a straightforward APR. Look for your preferred asset and start staking. Pick how much you want to stake, agree to the conditions, and confirm. You can also opt for a compound interest mode. This adds daily interest to the compound interest.
For some assets, you can receive VIP status. However, you need to deposit $30,000. This offers, among others, higher yield. There are also On-chain Elite and HolderYield options available. One of the best deals we see here is up to 7.2% on Solana for regular users and up to 12% for VIP users.
With Shark Fin, you combine fixed income products and financial derivatives. It’s a simple investment method. Especially if you’re risk averse. It’s a principal-guaranteed financial product. It pays 6%-20% on USDT and 2%-20% on your ETH. Both great ways to put your money to work.
Smart Trend is another principal-guaranteed financial product. Earn higher returns by anticipating market trends. You profit from crypto price fluctuations.
With Dual Investment, you invest in two different crypto assets. This is for long-term holders. However, this is a non-principal-guaranteed product. Here, you can preprogram a buy of Bitcoin with $USDT if you think the price will drop or preprogram a sale of Bitcoin for USDT if you think the price will rise, and you take profits there.
Use your crypto assets as collateral and borrow other crypto assets.
So, there you have it, a deep dive into Bitget. Bitget has
By signing up for Bitget, you have the chance to earn bonuses up to $6,200. For our UK users, sign up with this link. If you’re on the mainland in Europe, use this link to sign up.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by Bitget.
Copyright Altcoin Buzz Pte Ltd.
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7 years, 0 security incidents at #Bitget🔒 How we protect your assets: ✅1:1 Proof of Reserves & $300M Protection Fund ✅Multi-layer security to fight scams & phishing ✅Official channels to verify before you trust Swipe to trade smarter & stay protected. #BitgetSecurityTips
#Bitget's April 2025 Protection Fund Report is out, hitting a peak valuation of over $617 million! 📈 Your asset safety, our priority! 🛡️ Read more 👇 #PickSmart
