Bitget review

Bitget combines a large global spot catalogue with derivatives and copy trading. Its current operational position matters more than those features alone: the exchange disclosed a security incident on September 24, 2026. In a September 30 update, Bitget put the financial impact at approximately $388 million and said withdrawals were progressively resuming. This review therefore treats its security response and service recovery as central considerations for a new account.

At a glance

• Founded: 2018.
• Headquarters: Distributed international operations; the group describes a decentralised structure without one specific headquarters.
• Regulation and licences: Salvadoran digital asset service provider and Bitcoin service provider permissions; coverage depends on the operating entity.
• KYC requirement: Identity verification is mandatory for ordinary exchange deposits and trading.
• Supported countries: International availability subject to residence restrictions and local product rules.
• Number of cryptocurrencies: Approximately 800 tracked spot assets, excluding the much wider onchain token offering.
• Fiat deposits: Regional bank and card options, including euro bank transfers where supported.
• Mobile app: Exchange trading and verification available on mobile; the separate wallet has a different role.

Sign up and KYC process

Bitget's standard verification asks for personal information, a government identity document and facial verification. The exchange can request further information about an account or its transactions. Its global catalogue should not be taken as an eligibility list: a product displayed in promotional material may be unavailable for the applicant's country.

The Salvadoran permissions illustrate why the particular activity matters. Bitget announced a digital asset service provider licence in April 2025, in addition to its existing Bitcoin service provider permission. These are local permissions, not a worldwide licence for every product carrying the Bitget name. European applicants should establish the relevant entity and available service rather than treating an overseas registration as equivalent to European authorisation.

Fees

The global spot reference rate is 0.10% for makers and 0.10% for takers. Eligible users who pay spot fees with BGB can receive a reduced rate of 0.08%. That discount introduces a separate token holding decision and should not be presented as the unavoidable price paid by every customer.

Copy trading has a different cost structure from manually placing spot orders. Depending on the programme, a follower may share profits with the trader being copied, alongside applicable trading costs. Futures positions can also involve funding charges. Fiat purchases and withdrawals have their own payment and transfer conditions, so the basic spot rate describes only one part of Bitget's pricing.

Supported assets and features

Bitget's spot markets cover major cryptocurrencies and a substantial selection of smaller tokens. Approximately 800 tracked spot assets is a more useful comparison figure than combining exchange listings with every token accessible through connected onchain services. Those services can involve different execution, liquidity and wallet arrangements.

Copy trading is one of Bitget's clearest points of differentiation. It lets a user follow another trader's activity, but the follower's entry price, allocation and timing can differ from the displayed leader record. The global platform also offers derivatives and trading automation. These features appeal primarily to users who want to manage an active trading account, rather than simply purchase an asset and withdraw it.

Security

The September 2026 incident materially changes the assessment of Bitget. In its September 30 statement, the company said its protection fund had been used to cover the impact, customer balances were unaffected and the fund had been restored above $300 million. Those are company statements about its response, not an independent guarantee that future losses will be covered.

The same update described withdrawals as progressively resuming. That wording should not be replaced with a claim that every withdrawal route had returned to normal. Before relying on Bitget for access to funds, a prospective customer needs the latest status for the particular asset and network involved.

Bitget also publishes reserve reports and documents account authentication controls. Its September reserve disclosure covered 19 assets, which is narrower than the full trading catalogue. Reserve reporting, a protection fund and login security address different questions; none erases the operational significance of a recent compromise.

Pros

• A substantial spot catalogue alongside established copy trading tools.
• Published spot pricing with an optional BGB payment discount.
• Dated incident updates give customers information about the recovery process.

Cons

• The September 2026 security incident is a major current concern.
• Withdrawal recovery needs checking for the specific asset and network.
• Global marketing can combine exchange products with separate onchain services.

Verdict

Bitget's product range may interest experienced traders, but opening an account during an incident recovery requires a different assessment from comparing normal trading features. The immediate questions are operational access, the scope of completed remediation and the evidence supporting the company's recovery statements. Its large catalogue and copy trading tools should remain secondary to those questions while the September incident is still recent.