Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Bitget Exchange

Bitget

4.2/5 1.2/5 · Data verified on

A custodial exchange known for copy trading and a very broad lineup, with 800+ assets, futures up to 200x leverage and a $300M user protection fund. The downside is its Seychelles base and a weaker regulatory footprint than Coinbase or Kraken.

Worth it if you want copy trading and a broad listing (800+ coins), backed by a $300M user protection fund.

Avoid it if oversight comes first for you: the Seychelles base offers weaker protection than Coinbase or Kraken.

Visit official website ↗ Sponsored link · rating unaffected
61
Transparency: Medium
61/100 · see methodology
61
Data exposure: Medium
61/100 · lower is better for sovereignty · methodology

Data & conditions

Maker / Taker fee 0.1% / 0.1%
Markets Spot + Derivatives
Max leverage 125×
Supported assets 800+
Fiat on-ramp Yes
Staking / Earn Sì, prodotti Earn e staking disponibili
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries EEA, APAC, LATAM, MENA, AFRICA · 100+ countries
Regulator FinCEN, VASP Poland, Lithuania, Bulgaria, El Salvador
OAM Italy registration Yes
Segment B2C
MiCA / License status VASP multi-paese pending

Strengths

  • Copy trading leader; 800+ crypto; $300M protection users; 200x leverage futures.
  • No notable sovereignty advantage documented.

Weaknesses

  • Sede Seychelles; regulation inferiore a Coinbase/Kraken.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (pending): reporting to authorities and freezes on order.

Verdict

A D ★ 4.2/5 ★ 1.2/5

The good rating reflects breadth and baseline protection: 800+ assets, 0.10% fees and a $300M user protection fund that cushions extreme events. What caps the score is the regulatory framing, still pending and Seychelles-based, weaker than Coinbase or Kraken: for the ordinary user the lineup is rich but oversight is thinner.

Custodial with full KYC and a privacy score of 3: funds stay with the exchange and identity is verified, so on self-custody and privacy the judgment drops sharply. The 200x leveraged futures and copy trading are engagement levers, not sovereignty tools, and move nothing on the trustless front.

Privacy & anonymity 30% 0.8
Fund control 20% 0.0
Censorship resistance 20% 1.5
Costs 10% 4.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

What are Bitget Exchange's fees?

On Bitget Exchange, spot fees are maker 0.1% / taker 0.1%. They drop with monthly volume and VIP tier.

Is Bitget Exchange regulated in Europe?

Bitget Exchange's MiCA authorisation is in progress. It is listed in the Italian OAM register. Licence: VASP multi-country.

Does Bitget Exchange publish Proof of Reserves?

Bitget Exchange publishes Proof of Reserves. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.

Can I send transfers to third-party IBANs from Bitget Exchange?

No, Bitget Exchange is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.

Does Bitget Exchange support derivatives and futures?

Bitget Exchange offers derivatives trading, with up to 125x leverage.

Sources

Update history

✓ Terms unchanged since Jun 1, 2026

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