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Transferable to your own wallet
Self-custody of cryptocurrencies plays an important role for many users who want to manage their cryptocurrencies and thus their "private keys" themselves and not leave them in the hands of the exchange. Most exchanges offer the option of sending the purchased cryptocurrencies to their own wallet.
Deposit protection is a safeguard for the assets of users of a stock exchange or broker, which is intended to protect investors in the event of insolvency or a high loss due to a hacker attack. Service providers based in Germany are legally obliged to provide deposit protection of €100,000. In some cases, international exchanges have a special insurance policy that covers a certain portion of the assets instead of a deposit guarantee.
The overall rating is the average of our individual ratings. Our ratings do not constitute investment advice, but merely our personal opinion. You are welcome to use them as rough indicators and additional perspective. In the dynamic and fast-growing crypto sector, parameters can often change from one day to the next, so we cannot guarantee that the rating data is up to date. Therefore, please never use our ratings as an isolated basis for decision-making and not as a substitute for your own research.
This rating describes our personal assessment of the user-friendliness of the product. How easy is the onboarding process? How modern is the user interface and is it easy to use? Are all the important functions quick and easy to find? We ask ourselves all these questions in order to give a personal rating from 1 to 10 points.
This rating describes our assessment of the fee structure of a stock exchange or broker. It is not only the amount of fees that can differ, but also the type of fees. The most common type of fees for crypto exchanges are the "maker/taker" fees or spreads. In some cases, there are also hidden fees that are not recognizable to users at first glance.
For products or services in the crypto space, trust and security should be the biggest factors in the selection process. Since we could not seriously evaluate the technical security of a platform or product, we analyze publicly available factors such as security features, location, regulation, certifications, audits, team/company, general reputation and, of course, track record.
Crypto doesn't have to be cryptic. Especially for beginners, the first contact with the crypto world can be overwhelming. With this rating, we give our assessment of how easy it is for beginners to find their way around: from the onboarding process to using the most important functions.
Customer support is an important factor for many users. A long wait or no response at all in the event of problems can be frustrating, especially when it comes to sensitive topics such as finances. With this rating, we give our assessment of the quality of customer support. In order to provide as balanced an assessment as possible, we also include user opinions from other platforms in our evaluation.
Some exchanges and brokers are regulated by financial supervisory authorities in certain countries/states. This often entails strict financial regulatory requirements and compliance requirements to which the company must adhere. Regulatory clarity can contribute to greater transparency and thus also greater trustworthiness.
Bitget is a versatile platform offering spot, derivatives, and copy trading, making it suitable for both experienced and novice traders. Its competitive fees and extensive crypto selection are strong advantages, but the platform's regulatory status and mixed customer support reviews might raise concerns. While the interface is user-friendly, occasional technical issues and limited earn options may impact the overall user experience. Overall, Bitget is a solid choice for active traders but requires careful consideration of its potential drawbacks.
Overview
Quick Facts
Bitget is a comprehensive platform for digital asset needs, offering direct purchase and sale of cryptocurrencies, as well as spot and derivatives trading. Founded by John Chen, Bitget serves over 170 nations and has a user base of over 10 million.
Informations
Pro's & Con's
- Clear trading view
- Lots of features for traders
Bitget
Features
Feature Overview
Unique Features
- Spot, derivatives, bot trading, and copy trading
- Supports over 550 digital currencies
- Competitive fee structure
Tradable Assets
- Cryptocurrencies
Trading Options
- Derivatives
Bitget
User Interface
Customer Reviews
-- reviews
/ 5 average rating fromWrite a Review
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Bitget
User Reviews
The Bitget exchange interface is intuitive and delivers a positive user experience. However, customer reviews for the exchange platform are mixed, as some users have reported experiencing software errors and delays in processing withdrawals.
Bitget is a solid exchange platform that has great features for users. The UI and customer support system is a little lacking, so newer users might find it difficult to navigate.
Bitget is recognized for having an easy-to-navigate platform and favorable trading charges, but crypto withdrawals are the sole option, which may be unappealing to those who are new to the industry.
Bitget's fee structure sets it apart from others in terms of price. However, some users feel that there is room for improvement regarding the lack of transparency around overnight positions and financing-related charges.
Bitget has been well-received due to its user-friendly interface and low trading fees. However, there is little information available on user experiences regarding the platform's security and trustworthiness.
Bitget's customer support reviews are mixed. Some users believe that the assistance they receive is fast and helpful. In contrast, others argue that they are unsatisfied with the amount of time it takes to get a response, and the problem is still unsolved.
Bitget is praised for its user-friendly design as well as its relatively low fees. The website's customer service and occasional technical issues have received mixed reviews. Furthermore, further clarification on costs would be beneficial, and the policy of Bitget only allowing withdrawals in cryptocurrency could dissuade some newcomers.
About
Bitget
Bitget
Users?
Score
About the author
At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.
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