Bitget: What do you need to know before trading
The world of cryptocurrency has become more and more popular in recent years, and many people and institutions invest in the market through various exchanges. One of the most famous and reputable cryptocurrency exchanges is Bitget, a platform that offers a wide range of trade options for users. In this article, we provide you with a review of what you need to know before trading on bitget.
What is a bitget?
Bitget is a Singaporean cryptocurrency exchange, which was founded in 2019. The company is listed on the Australian Stock Exchange (ASX) and is regulated by the Australian Paperities and Investments Commission (ASIC). With over $ 2 billion in managed, Bitget has become one of the largest and most reputable cryptocurrency exchanges around the world.
Bitget trade benefits
Bitget offers a number of benefits to traders, including:
* High liquidity : Bitget trade platform allows for high liquidity, which means that you can easily buy or sell your coins at competitive prices.
* Competitive fees : Bitget trade fees are among the lowest in the industry, with a minimum fee of payments of only USD 10.
* A wide range of coins : Bitget offers support for over 1000 cryptocurrencies, including popular ones, such as Bitcoin, Ethereum and Litecoin.
* Advanced technical analysis tools : Bitget provides advanced technical analysis tools, including charts, indicators and alerts to help traders make informed decisions.
first steps for bitget
To start trading on bitget, you need to take these steps:
- Create an account : Go to Bitget and click “Register”.
2.
- Depository funds : Depositing funds to the Bitget account using a bank transfer or transfer service, such as Western Union or Moneygram.
4.
Bitget trade options
Bitget offers a number of trade options for users to choose from:
* Point trade : Trade Bitcoin (BTC) and other cryptocurrencies with each other using point markets.
* Trade Futures : Trade Bitcoin Futures Contracs, which will expire after a certain period, providing guaranteed profit or loss.
* Trade in options : Trade Bitcoin contracts that give traders the right, but not the obligation to buy or sell bitcoins at a certain price.
Bitget security measures
Bitget has implemented several security measures to protect resources and user data:
* Wallets with many signatures : Bitget uses the wallets of many signatures to require two separate keys before it allows users to access their account.
* Two-component authentication (2FA) : Users must enter the code sent to the phone or e-mail in addition to using a password or PIN to log in to their account.
* Safe encryption
: All user data and transactions are encrypted and stored on the server, ensuring that confidential information is protected.
fees and fees
Bitget fees and fees include:
* Trade fees : The minimum trade fee for point trade is USD 2.50 per party (1 bitcoin), with a maximum of $ 100 per transaction.
* Margin trade fees : The minimum margin deposit is USD 10,000, with a maximum of 80% of the initial amount of the margin.
Regulatory compatibility
Bitget is in line with the regulatory and guidelines determined by:
* ASIC Australia
: Bitget obtained ASIC’s consent to act as an exchange of cryptocurrencies in Australia.
* Cybernetic safety regulations : Bitget warns all relevant cyber security regulations, including Australian Information Security Act 2002.