This article provides a thorough explanation of the fees associated with using the virtual currency exchange Bitget. No matter what kind of transaction you do, there will always be fees. At overseas exchanges where there are many types of transactions, it is necessary to thoroughly understand the types and mechanisms of fees, so we recommend that you understand them.
Bitget company profile and safety
Bitget is a virtual currency (crypto asset) exchange based in Singapore and was established in 2018. It is one of the top exchanges on CoinMarketCap, and has over 8 million users in over 100 countries around the world, making it one of the most popular and recommended exchanges worldwide. Copy trading is very popular on Bitget. It has the advantage of being easy to make profits just by setting it up, but it is also possible to make a lot of money on your own. Currently, Lionel Messi has a partnership contract.
Source : Bitget
Financial license acquisition
Bitget has comprehensive financial licenses in the United States, Canada, and Australia. Bitget has obtained three licenses from the Financial Services Agency since 2020, and the necessary conditions are strict and it is not easy to obtain one, so it can be said to be a somewhat reliable exchange. It is a financial institution that has regulations against money laundering, terrorist financing, etc., so it can be said to be quite safe.
| United States | FinCen |
| Canada | FINTRAC |
| Australia | AUSTRAC |
Establishment of protection fund
Bitget officially states that it has established its own $300 million protection fund. What this means is that if Bitget is hacked and the user’s assets are damaged, the user’s assets will be protected. If you have suffered damage from fraud due to hacking or information leaks, you will now be able to apply for compensation from the protection fund. It’s guaranteed so you can feel very safe.
Distribution of registered users
Bitget has become a globally popular exchange and has the characteristic of having registered users all over the world. According to TradersUnion, a review site for virtual currency exchanges around the world, there are many users in Russia, South Korea, Mexico, Venezuela, Ukraine, Japan, India, and the United States. The main attraction is that there are many users in the Americas. The exchange is often featured in news stories in the media, so it attracts a lot of attention.
Source : TradersUnion
Bitget fee list
Introducing a list of Bitget fee information. It will be as follows. Spot, futures, and BOT transactions are possible, but fees vary for each. Pay attention to the token price when purchasing and placing orders. Special offers, discounts, campaigns, promotions, bonuses, etc. are also held all at once, and you can sometimes save money. If you are going to invest, you want to hold it at a low price and make a profit in order not to lose. Please note that events such as airdrops may incur fees depending on market rates and planning.
futures trading fees
Typically, futures trading fees are as follows: Futures trading is uniform regardless of currency. The calculation is different for makers and takers. Please check this as it will affect the income you can earn and your buying and selling.
| Maker | 0.17% |
| Taker | 0.051% |
Depending on the management rules, the fee will vary depending on whether you become a VIP or not. It depends on the level. please refer to.
| VIP1 | Maker：0.016% Taker：0.04% |
| VIP2 | Maker：0.014% Taker：0.0375% |
| VIP3 | Maker：0.012% Taker：0.035% |
| VIP4 | Maker：0.01% Taker：0.032% |
| VIP5 | Maker：0.008% Taker：0.032% |
spot transaction fee
The spot transaction fees are as follows: Spot transactions are uniform (fixed) regardless of currency. Let’s try out various listed coins at the right time.
| Maker | 0.1% |
| Taker | 0.08% |
Fees will vary depending on whether you become a VIP.
| VIP1 | Maker：0.04% Taker：0.06% |
| VIP2 | Maker：0.025% Taker：0.05% |
| VIP3 | Maker：0.02% Taker：0.045% |
| VIP4 | Maker：0.015% Taker：0.04% |
| VIP5 | Maker：0.0125% Taker：0.035% |
Withdrawal fees depend on currency
Next, if you make a profit and confirm it, how much will it cost? I’d like to introduce_______ It is a system where you pay a fixed fee every time you withdraw money, regardless of the size of the withdrawal amount. The network you use must be the same as the address you wish to withdraw to. In addition to Bitcoin, unique tokens such as BGB also incur fees. the detail is right below. It actually supports major coins. As a result, we are able to keep costs low compared to other services in the industry.
| BTC | 0.0005 |
| BGB | 2.15 |
| USDT | 1 |
| ETH | 0.00094 |
| LTC | 0.001 |
| BCH | 0.0001 |
| ETC | 0.008 |
| BNB | 0.0002526 |
| LINK | 0.26 |
| TRX | 0.8 |
| XRP | 0.1 |
No deposit fees
Mining payments and deposit fees are free every day. Basically, all exchanges are the same. It’s a good deal if you’re using it for the first time. You can easily compare and exchange popular NFTs and coins in real time using leverage in the latest market. Try to trade as much as possible when you have the chance.
Funding (Finding rate)
The funding (finding rate) category occurs three times in one day at 0:00/8:00/16:00 Japan time. The funding rate is displayed on the market screen of the official website, which shows the interest rate and time until occurrence. Funding rate is the fee charged for holding a position.
Copy trading fees
Copy trading fees include transaction fees + profit sharing rate. Please note that distributions to traders will be added to the futures fees explained above. The profit sharing rate is basically set in the range of 2% to 8% by the trader, so be sure to check.
You can open an account for free
You can open an account for free. We will introduce it in the article below, so please refer to it. Before purchasing or trading, you will need to make deposits and withdrawals.
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