Bitget review
Bitget launched in 2018 as a derivatives-first exchange and has methodically built one of the most competitive copy trading ecosystems in the centralised exchange space. As of 2026, it holds a Digital Payment Token service licence from the Monetary Authority of Singapore (MAS) — meaningful Tier-2 regulation for a mid-tier exchange — and has maintained a clean security record with no confirmed hacks since inception, a record that stands in direct contrast to many of its peers. The $700M+ Protection Fund, maintained in BTC, USDT, and BGB, provides a credible loss-absorption buffer against extreme scenarios.
The fee structure is straightforward and competitive: spot at 0.10%/0.10% standard (reducible to 0.08% with BGB token), futures at 0.02%/0.06% — among the lowest in the perpetuals market. The differentiated BTC reserves metric (190%+ as of verified April 2026 reports) signals above-average financial conservatism for the asset class. The copy trading system is the most developed of any exchange reviewed in this series: three parallel modes (spot, futures, bot), a verified lead trader database with mandatory 6-month track record disclosure, and independently audited performance metrics.
The weaknesses are real. Bitget does not hold Tier-1 regulation (FCA, CFTC, ASIC — none of these cover Bitget’s main product suite). US and Canadian residents are excluded. The Trustpilot rating of approximately 2.1/5 reflects a pattern of delayed customer support responses on compliance-related holds, consistent with post-MAS compliance tightening. The MiCA application filed in Austria in 2025 remains pending — EU regulatory coverage is not yet secured.
