What is Bitget?
Bitget is a cryptocurrency exchange that focuses on derivatives trading, offering a platform for users to trade various cryptocurrencies with leverage. It also supports spot trading and various trading features.
Who is the Founder?
Bitget was founded by Samuel Yang and a team of professionals in the cryptocurrency space.
When Did It Start Operations?
Bitget began operations in 2018.
Where Is It Based?
Bitget is headquartered in Singapore.
In Which Countries Is It Banned?
Bitget operates in many countries but may face restrictions in certain regions, including:
- United States: Bitget has limited services for U.S. residents due to regulatory constraints.
- China: Cryptocurrency exchanges are banned.
- Other Countries: Various jurisdictions may have regulations that limit access to Bitget’s services.
What Is the Trading Fee?
Bitget’s trading fees typically range from 0.1% to 0.2%, depending on the specific trading pair and the user’s trading volume.
Is Margin Trading Available?
Yes, Bitget offers margin trading, allowing users to trade with leverage. This enables traders to increase their positions by borrowing funds, which can amplify potential returns but also increases risk.