On the lookout for a Bitget invitation code? Register today on the Bitget.com crypto exchange with invitation code 5osn.
Want to learn more about the Bitget.com derivatives exchange and promotional sign-up bonuses? Scroll down!
What Is The Bitget.com Invitation Code?
The Bitget invitation code for 2023 is 5osn. New bitget exchange customers can use the code when signing up on the platform to claim the welcome bonuses on offer. This promotion remains valid today, in your country and can be claimed for all of Bitget’s products.
How to get the Bitget referral bonus?
To claim the MEXC referral code, follow the steps below.
- Visit Bitget with this link
- Enter your email and set your password. These details need to be verified due to KYC and AML procedures, so make sure everything is accurate.
- Enter 5osn when asked for a referral code.
- Complete the registration process and perform all the verifications.
- The welcome bonus can be claimed as soon as all the conditions have been met.
Bitget Overview
Bitget Crypto Exchange is a popular and legit trading platform based in Singapore. Founded in 2018 by Sandra Lou, Bitget continues to gain popularity by offering low trading fees and copy trading strategies.
Bitget Crypto Exchange supports over 250 tokens and coins, including BitCoin and Etherium. In addition, it is available in multiple countries, including the USA, Canada, and Australia. You can access the Bitget trading platform through the mobile app or desktop.
One of the factors that have contributed to the exchange’s rapid growth is the security and diverse trading strategies. As of now, the exchange platform has over 2 million users across the globe. Bitget also claims to have a daily trading margin of $365 million.
Budget is a beginner-friendly trading app that gives users access to top features such as:
- Future trading
- Spot trading
- Copy-trading
- Strategic trading
- Bitte Saving
Read on for more information on the features of Bitget Crypto Exchange.
Bitget Review: Is it safe?
Security is almost always a concern for both newbies and professional traders. However, when it comes to your money, Bitget offers industry-leading security features. We will look at these later in this review article.
Is Bitget safe? Yes, it has the regulatory licenses to operate in multiple countries; the USA, Canada, and Australia. The trading platform also boasts of 12A+ rating from SSL Labs.
Bitget Crypto exchange review: Key Features
One thing to like about the Bitget Crypto platform is the ease of use. In addition, the copy-trading feature is excellent for beginner traders. However, sometimes you need a copy-trading strategy when you are too busy. Bitget Crypto has many more features that make it easier and more profitable for users to trade.
Below is a list of Bitget Crypto Exchange features:
- Spot and Future Trading
- Copy Trading (Put emphasis)
- LaunchPad
- Quanto Swap Contracts (exclusive)
- Bitget Earn
- Bitget Saving
Spot Trading
In the Bitget Crypto trading screen, traders can do technical analysis and trade immediately without switching to the charting screen. In addition, the Bitget Spot market offers over 200 pairs that can be exchanged immediately and settled.
The spot trading features are an excellent strategy for making quick profits. However, like every other strategy, it might only sometimes work.
Therefore, you must conduct your technical analysis before making the trade. But, the TradingView screen is all you need for trading and chart analysis. In addition, you can buy or sell assets on Bitget in real time through spot trading.
Future Trading
The Bitget Future trading feature offers up to 100x leverage. You have access to 6 different futures from the TradingView screen:
- USDT-M Futures
- USDT-M Demo
- Coin-M Futures
- Coin-M Futures Demo
- USDC Futures
- Simulated USDC Futures
Bitget allows advanced traders access to future contracts, especially if you have a long-term strategy. Unfortunately, crypto future trading can bring catastrophic losses if the market changes against your prediction.
The Cross position mode will help you mitigate this risk. It uses all your future account funds as a margin to manage the risk. On the other hand, the isolated position mode calculates the risk independently.
Budget Review: Copy-trading
Bitget copy-trading is among the most accessible platforms I have experienced. The one-click feature allows newbie traders to copy the advanced traders’ strategy. And you can select multiple traders to maximize your profits.
All you have to do is analyze the trader’s profile details. Bitget one-click copy trading features show the trader’s transaction history. You can also access the total profits they’ve made in the past 3 weeks. In addition, you also get to analyze their ROI before you choose a trader to follow.
As an advanced trader, you can enjoy a maximum of 8% dividend profits from copy trading. So this feature is not only for newbie traders but also traders who need more time to follow up on the markets.
So, how exactly do you make money from copy trading? Once you identify your favorite trader, Bitget allows you to copy their strategies to your account. Then, every time the trader’s account moves, it applies to your budget too. So, the trick is to select a reliable trader who will make you money.
Bitte copy trading feature offers:
- 12k+ professional traders
- 380k+ followers
The platform also boasts of the traders making up to $180M in total income. In addition, the followers have generated over $120M collectively. And you can apply copy trading over a wide range of crypto coins and tokens.
Bitget Crypto Exchange offers a detailed tutorial on copy trading on the Bitget Academy page.
Bitget Launchpad
Bitget continues to improve the platform to enable users to maximize their profits. For example, the Bitget launchpad presents featured projects (tokens) before they go on public listing. You can buy crypto tokens and coins before the initial listing.
The best thing about the launchpad is that the average trader can analyze the risks before investing. And that’s not all; Bitget will also offer plenty of insights concerning the projects.
If you are always looking to invest in the most recent blockchain projects, consider signing up for the Bitget Crypto Exchange. These projects are often lucrative and great for making a profitable investment.
Bitget Launchpad does the heavy lifting by handpicking blockchain projects you could be interested in. Buying crypto at its early stages allows you to track your project and sell at the right price.
Quanto Swap Contracts
Quanto Swap contracts feature relatively new and exclusive for Bitget users. It allows you to use a variety of crypto tokens or coins as a margin to trade different trading pairs. For instance, you can use ETH coins to trade BTC without changing currencies.
Quanto Swap contracts are an excellent strategy for advanced traders. They get to keep the earnings from the trade, which are settled in the same currency as the initial margin.
Bitget supports Quanto Swap contracts for a wide range of cryptocurrencies. This includes:
- BTC: BTC/USD, ETH/USD, EOS/USD
- ETH: BTC/USD, ETH/USD, EOS/USD
- EOS: EOS/USD
Quanto Swap contracts eliminate the transaction costs when exchanging currencies.
Bitget Earn and Bitget Saving
Bitget Earn allows you to earn from your BGB crypto tokens. It is an asset management feature that will enable you to subscribe to various products. All you need to do is select the products and amount you want to invest in subscribing. Bitget continues to improve its products and focus on maximizing users’ profits.
On the other hand, Bitget Savings allows you to deposit crypto tokens and earn interest. You can redeem this interest at any time you need it.
Bitget Fees
The fees on Bitget vary depending on whether you’re trading on the spot exchange or on the futures exchange, but in any case, you can find a detailed breakdown here.
| Trading Type | Maker | Taker |
|---|---|---|
| Spot | 0.1% | 0.1% |
| Futures | 0.02% | 0.06% |
Tip: You can reduce the trading fee by 20% using BGB (BitGet’s native token). All you’ve got to do is hold BGB in your account; your spot trading fees will be automatically subtracted from your BGB balance.
Budget Review: Security
So, when it comes to crypto exchange, knowing that your funds are safe is critical. Bitget is a legit crypto trading platform and is licensed in multiple countries. The platform has operational and regulatory licenses in Canada, USA, and Australia.
In addition, Bitget comes with Qingsong cloud security, Armor, and HEAP to protect your funds. Besides, you can use the 2-Authentication Factor option for advanced security.
Bitget has also received an A+ ranking for SSL indicators. Besides that, the exchange platform also appeared in the top 10 Exchanges by Cybersecurity Rating. It is one of the safest crypto exchange platforms and has never suffered a cyber attack since its adoption in 2018.
You can access the Bitget Crypto Exchange platform on desktop and mobile apps.
Budget Review: Customer Support
Bitget provides excellent customer service around the clock. And what I loved more is that they have multi-lingual customer support agents on standby. So new users can rely on the platform’s customer support to start.
In addition, you can also learn to navigate the platform from the Bitget Academy. You will find resources to answer your questions about the platform and its features. This also includes the FAQ section that will send you comprehensive tutorials to help you better use the platform features.
Bitget offers Live Chat and Email as channels of immediate customer support. You will get a prompt response in under five minutes from Bitget. In addition, Bitget has creative communities on different platforms, including Reddit, Telegram, and Discord.
It is critical to have prompt customer support in money and investments. I feel that Bitget has invested in providing excellent customer support.
Pros and cons of Bitget Crypto Exchanges
As one of the industry’s most recent crypto exchange platforms, Bitget has plenty of benefits for new and experienced traders. Below is a list of the pros and cons of Bitget.
Pros of Bitget Crypto Exchange
- Bitget offers demo accounts to learn how to work around their platforms.
- They have excellent 24/7 customer support
- Bitget has among the best copy-trading features in crypto trading
- Competitive trading fees.
- Accessible through various devices, including Windows, macOS, iOS, and Android.
- The
Cons of Bitget Crypto Exchanges
- Bitget only allows withdrawals in crypto
- You can only exchange limited assets.
Bitget Review: Quick FAQs
Is Bitget available in the USA?
Bitget is available in the USA, Canada, and Australia. In addition, Bitget is available in other countries like India, Nigeria, and South Africa.
Who owns Bitget?
Sandra Lou is the CEO and co-founder of Bitget Crypto Exchange.
Where is Bitget located?
Bitget was founded in Singapore in 2018. However, the Crypto trading platform is licensed in the USA, Australia, Canada, and several other countries.
Is Bitget real?
Bitget Crypto Exchange is one of the fastest-growing trading platforms. It also prides itself in copy-trading, future, and spot trading. Bitget is licensed to operate in the USA, Australia, and several other countries. So yes, Bitget is genuine and offers excellent copy-trading services.
Conclusion
Bitget Crypto’s trading platform has plenty of features for new and advanced traders. It has an easy-to-navigate interface powered by TradingView’s trading and charting screens. Copy trading is the most powerful feature that Bitget offers. This allows followers to make profits using experienced traders’ strategies. In addition, traders can make up to 8% of their profits from their followers’ accounts. Bitget Crypto Exchange also has trade fees that are low compared to the rest of the industry and quick customer service.