Bitget: Step-by-Step Instructions for Successful Cryptocurrency Investing

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The cryptocurrency market is rapidly expanding, attracting investors worldwide. Choosing a reliable exchange is essential for successful and secure investments. Bitget stands out among global cryptocurrency exchanges with its diverse services and innovative features. From spot trading to copy trading, Bitget caters to both beginners and experienced traders. This article highlights Bitget’s key functionalities and procedures, providing essential information to help you select the right exchange for your investment needs.

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Overview of Bitget

Bitget is a global cryptocurrency exchange founded in 2018 and headquartered in Singapore. It specializes in derivatives trading, offering a wide range of futures contracts and a popular copy trading feature that allows users to replicate successful traders’ strategies. In addition to derivatives, Bitget provides spot trading for major cryptocurrencies with a user-friendly interface and robust security measures, including two-factor authentication and cold storage. The platform is accessible via web and mobile apps and offers 24/7 customer support. Bitget adheres to international regulatory standards and provides educational resources to help users enhance their trading skills.

How to Sign Up on Bitget

To start trading on Bitget, you first need to create an account. Follow the steps below to get started.

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  • Visit the Official Bitget Website
    Access the official Bitget homepage or download the mobile app.
  • Click on the Sign-Up Button
    Locate and click the “Sign Up” or “Get Started” button, usually found at the top-right or center of the page.
  • Register with Email or Phone Number
    Choose to sign up using your email address or phone number and input the required information.
  • Set a Strong Password
    Create a secure password combining uppercase and lowercase letters, numbers, and special characters.
  • Agree to the Terms
    Review and accept the Terms of Service and Privacy Policy.
  • Enter the Verification Code
    Check your email for a verification link or your phone for a code and input it to complete the registration process.

After creating an account, complete the KYC (Know Your Customer) verification to unlock higher withdrawal limits and enable seamless trading. This step is highly recommended for full access to Bitget’s features.

How to Complete Identity Verification (KYC) on Bitget

ryptocurrency exchanges follow international regulations for Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT), as well as local laws, by verifying user identities. Bitget also requires users to complete the KYC (Know Your Customer) process for compliance and enhanced security.

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  • Select Nationality and ID Type
    Go to the “Identity Verification” menu in your account settings and choose your nationality and the type of ID you’ll use.
  • Enter Personal Information
    Provide your first name, last name, and other required personal details as prompted.
  • Submit ID Documents
    Upload scanned copies of both sides of your selected ID.
  • Facial Recognition (Liveness Check)
    Perform a real-time facial recognition scan to ensure it matches the submitted ID.
  • Verification and Approval
    Bitget’s verification team will review your documents and facial recognition data. Once approved, your withdrawal limits will increase significantly, and you’ll gain full access to all trading features.

Completing the KYC process is essential for unlocking the full potential of your Bitget account and ensuring compliance with global regulations.

How to Deposit Cryptocurrency on Bitget

To trade cryptocurrencies on Bitget, you can deposit coins from an external wallet or purchase them using the OTC (Over-The-Counter) market or partner services available on the platform. Follow these steps to successfully deposit cryptocurrency into your account:

Bitget Deposit Image
  • Access the Deposit Menu
    Open the Bitget website or mobile app, then click on the wallet icon located at the top or bottom of the screen.
  • Go to the Deposit Page
    Choose the cryptocurrency you want to deposit, such as BTC, ETH, or USDT, from the list of supported assets.
  • Choose the Blockchain Network
    Select the blockchain network for the transfer (e.g., ERC-20 or TRC-20) and ensure it matches the network of your sending wallet.
  • Copy the Deposit Address
    A unique deposit address for your selected cryptocurrency will be displayed. Use this address to initiate your transfer.
  • Transfer from External Wallet
    Use your external wallet (e.g., MetaMask, Ledger, Trezor) or another exchange account to send the cryptocurrency to the deposit address. Note that transaction processing may take some time for blockchain confirmations.
  • Confirm and Check Your Balance
    Once the transaction is confirmed on the blockchain, your deposit will appear in your Bitget account balance, ready for trading.

Ensure the selected network and wallet address are correct to avoid any loss of funds.

How to Withdraw Cryptocurrency on Bitget

To transfer cryptocurrency from Bitget to an external wallet, follow these steps. The withdrawal process is designed to ensure secure and smooth asset transfers.

Bitget Withdrawal Image
  • Access the Withdrawal Menu
    On the Bitget website or mobile app, click the wallet icon located at the top or bottom of the screen.
  • Select the “Withdrawal” Option
    Navigate to the withdrawal page by selecting the “Withdrawal” button.
  • Choose Withdrawal Type
    Select either On-Chain Withdrawal (transfer to an external wallet) or Internal Transfer (transfer to another Bitget account).
  • Select the Cryptocurrency
    From your available balance, choose the cryptocurrency you wish to withdraw.
  • Enter Withdrawal Details
    Select the Network: Choose the appropriate blockchain network for the cryptocurrency (e.g., ERC-20, TRC-20).
    Input the Withdrawal Address: Enter the external wallet address where you want to send the funds.
    Specify the Amount: Input the withdrawal amount, review the fees, and confirm the final amount to be transferred.
  • Complete Security Verification
    Authentication: Use Google Authenticator, email, or SMS to complete two-factor authentication (2FA).
    Enter Verification Code: Provide the code received via your chosen method to finalize the security check.
  • Submit and Wait for Confirmation
    Once the withdrawal request is submitted, it will go through internal verification and be processed via the blockchain network. You will receive a notification once the transaction is complete.

Make sure all entered information, such as network type and withdrawal address, is accurate to avoid potential loss of funds.

Platform Features and Key Services

Bitget offers a wide range of services beyond simple spot trading, catering to the diverse needs of its users:

  • Spot Trading
    Trade popular cryptocurrencies such as Bitcoin, Ethereum, and altcoins at market or limit prices with ease.
  • Futures and Margin Trading
    Utilize leverage to expand your position size and profit from both rising and falling markets with Bitget’s derivatives trading options.
  • Copy Trading
    Follow experienced traders and automatically replicate their strategies. This feature allows beginners to benefit from expert trading strategies while enabling successful traders to share their strategies and maximize their earnings.

Fee Structure and Benefits

Bitget offers a competitive fee structure and various benefits, creating a favorable trading environment for its users.

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Bitget Futures Fee Image

Basic Fees
Spot Trading Fee: The basic fee is 0.1%. Users can enjoy a 20% discount when paying with BGB.
Futures Trading Fee: Maker fee is 0.02%, and Taker fee is 0.06%.

How to Check Fees
Bitget adopts a maker/taker fee structure, and users can enjoy fee discounts through increased trading volume, upgraded VIP tiers, or holding its native token. While deposit fees are generally free, withdrawal fees may apply due to network costs, so it is important to check in advance.
① Visit the Bitget official website.
② Scroll to the bottom and navigate to Services > Fee Schedule.
③ Review the “Transaction fee explained” section for detailed information.

Efforts to Enhance Security and Reliability

Bitget prioritizes security above all to ensure the safety of its users’ assets.

  • Two-Factor Authentication (2FA): Strengthens security for logins and withdrawals through Google Authenticator, SMS verification, and more.
  • Cold Wallet Storage: Protects the majority of client funds by storing them offline in cold wallets, minimizing risks from hacking attempts.
  • AML/KYC Compliance: Strict adherence to global regulations to prevent money laundering and unauthorized transactions.

Vision for the Future

Bitget is committed to expanding its service offerings into emerging areas like decentralized finance (DeFi), NFT marketplaces, and cutting-edge financial solutions. With the cryptocurrency market evolving, Bitget seeks to boost market liquidity and build greater trust, ensuring traders access secure and diverse investment options.

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