It is crucial to know the costs involved in trading or investing crypto. Sometimes, it can be challenging to research cryptocurrency exchanges to establish what fees you're likely to pay.
You also want to be sure that the exchange you choose is reliable, secure, and well-established. A handful of crypto exchanges stand out from the hundreds. Bitget may be a relative newborn in the crypto-space, but it quickly rose to the top of the Leaderboard.
This article gives you an inside look at Bitget’s fees, as well as some background information about this popular crypto exchange.
Note: Users from the US and UK do not receive support.
What is The Bitget Exchange?
Bitget, a well-established and trusted cryptocurrency exchange, supports over 550 spot trading pair, with more than 780+ trading pairs. It boasts a suite of impressive features that include derivatives trading, among other functions.
Bitget has become a popular name in the crypto-community over the years. Since its founding in 2018, Bitget has experienced rapid growth. Over 20 million people use the platform, which is popular among traders and enthusiasts alike.
Copy trading is a popular feature on the platform. The platform attracts traders at every level with its 100k Elite Traders and 400k Followers. The Bitget Copy Trading Platform impressed us so much that we covered it in detail in our Bitget Copy Trading Review.
Bitget’s commitment to security is unyielding. The exchange is proud of its unwavering commitment to safeguarding users’ assets, as we discuss in our Bitget Security Analysis. It has also firmly established trust through top-tier security, including its $300 million protection funds.
Bitget has a good trading volume. Its daily turnover is over $389 million as of Q4 2020. The exchange, which is relatively new to the market, has catapulted into the top echelon of cryptocurrency exchanges, according to CoinGecko.
Bitget, in keeping with its commitment to global accessibility and inclusivity, offers a wide range of payment methods and accepts over 40 fiat currency.
Bitget, aiming to increase user engagement, reported a significant update on July 16th 2023. The upgrade enables BGB token holders to qualify. "super airdrops" If they keep a minimum of BGB tokens of 4,000 for 15 consecutive days.
This article is a discussion of Bitget fees. Please read our Bitget Review to learn more about this platform.
We also provide Bitget articles to support the review:
- Bitget Copy trading: Review of the Leading Copy-Trading Platform
- How to Sign Up for Bitget: A Step-by-Step Guide!
- BGB Token – Benefits, uses and tokenomics
- Bitget Security Analysis: Is Bitget Safe?
- How to Buy Bitcoins on Bitget
Bitget Exchange Fee Structure
Trading fees on Bitget are comparable to those of other crypto-trading platforms. Users enjoy the confidence of knowing they aren't going to break the bank paying Bitget fees.
Trading Fees
If you're new to crypto trading, you may feel confused about maker and taker fees.
These fees will apply if you choose to trade cryptocurrency on Bitget or any other trading platform.
The terms maker and taker fee are often used when trading on cryptocurrency exchanges or traditional financial markets. They are the fees that traders pay for the platform to perform trades.
Maker Fee
A maker fee applies to traders providing liquidity into the market by placing limit orders (those that aren't filled immediately).
When you place a limit order, it is an order that sells or buys an asset at the predetermined price. If the order isn't matched immediately, it goes into the order book. You become an "maker" Markets are booming.
Because these orders are contributing to the liquidity of the exchange, maker fees will be lower than taker charges.
Taker fee
Taker fees are paid by traders who remove liquidity from the markets by matching existing orders within the order book. These orders are executed immediately. "taking" Market liquidity is important.
Orders such as market orders, immediate-or cancel orders and instant-or-cancel are some of the orders that typically incur taker fees. Because you're removing liquidity, you can anticipate taker fees being higher than maker fees because you're paying for the convenience of executing trades quickly.
The distinction between maker and taker fees concerns the trader's role in the market dynamics. Makers add to liquidity through the addition of orders to an order book. Takers, on the other hand, remove liquidity from the market by matching orders.
Maker and taker fees can vary depending on the crypto assets that you are trading.
- Spot trading: Taker fees 0.1%, and Maker fees 0.1%
- Futures Trading: Taker and Maker Fees are 0.02% each.
If you pay your fees with BGB, Bitget's native token, you can get an extra 20% discount.
Bitget Withdrawal And Deposit Fees
Bitget Deposits
Bitget charges no fees for crypto deposits. You must verify your identity before you can purchase cryptocurrency.
Bitget accepts multiple payment methods including:
- VISA & MasterCard
- Apple Pay and Google Pay
- Discover the best way to buy
- Diners Club
The payment options for cryptocurrencies are varied. Standard card fees will apply, depending on what card you are using.
Bitget can also accept payments from third parties, such as:
- Banxa
- Simplex
- Mercuryo
- AlchemyPay
You will leave Bitget temporarily to complete the payment. Bitget doesn’t charge any fees for third-party payments, but some providers may.
Fiat Currency Deposits To Your Bitget Account
SEPA allows direct deposits of fiat to your account. Fiat currency can be deposited in the following currencies.
- EUR (Euros)
- GBP (The British Sterling Pound)
- UAH (Ukraine Hryvnia),
- RUB (Rubles)
- BRL (The Brazilian Real
Payments are usually received within two business days.
Bitget Crypto Withdrawal Charges
Crypto withdrawal fees vary and depend on the network. The following table shows some of the more well-known fees for tokens.
| Coin | Network | Withdrawal Fee | Min. Withdrawal |
| BTC | BTC | 0.0005 | 0.002 |
| BGB | ERC20 | 2.18 | 50 |
| BGB | BEP20 | 0.29 | 10 |
| USDT | SOL | 1 | 30 |
| USDT | Optimism | 1 | 10 |
| ETH | Optimism | 0.0003 | 0.001 |
| LTC | LTC | 0.001 | 0.1 |
| BCH | BCH | 0.0001 | 0.01 |
| DOGE | DOGE | 4 | 40 |
| DOT | DOT | 0.08 | 2 |
| DOT | BEP20 | 0.29 | 10 |
| DOT | ERC20 | 1.5 | 50 |
Withdrawing EUR, GBP or USD from your Bitget Account
This is a great option that many crypto exchanges do not offer.
- Step 1 – Select the "Bank Withdraw" Button on Bitget
- Step 2: Select EUR or GBP as the withdrawal currency
- Step 3: Make sure you select "SEPA bank transfer"
- Step 4: If it's your first fiat currency withdrawal, add your bank account details
- Step 5 – Enter the amount of withdrawal and click "Next"
- Step 6: Confirm the order by providing bank details and IBAN numbers
- Step 7: Verify the email address and Google authentication.
- Step 8: You will be able to see your results after submitting. "Withdrawal Submitted Successfully prompt"
You will be given one of three possible prompts at this stage:
- Withdraw Success
- If you fail to withdraw, it will be a failure.
- The Withdrawal is under Review
If the transaction is successful, you can view the details in the order history on your Bitget account.
Bitget’s users can enjoy a number of benefits with this new service.
- Gas fees are not charged
- No third-party charges
- Secure payment method
- Exchange rates updated in real time
- There are no withdrawal or deposit charges in GBP or EUR
- SEPA Instant Deposits and Withdrawals from Your Bank Account to Bitget
- FPS (Faster payments service) is used for GBP withdrawals (usually instant payment) and deposits.
Bitget also allows spot trading in EUR and GBP.
Bitget VIP Program
Joining the Bitget VIP Program has many benefits for crypto traders. Bitget will automatically qualify you for VIP status once you have reached a certain threshold based upon your trading volume and asset holdings. Many benefits are available to high-volume traders of derivatives and spot.
Five levels of VIP status are available, which are based on spot trading volume (30-day), assets held, and BGB (The Bitget Token).
Personal Account Manager
Bitget will assign you a personal account manager with experience. As a VIP, you can expect premium support from your account manager. They can answer any questions you may have about trading or Bitget.
Exclusive Trading Fees
Bitget offers reasonable maker and taker fees. The maker and taker fee for Spot Trading is 0.1%. Futures trading fees are 0.02%, 0.06%, and 0.02%.
With VIP status, however, these fees will be significantly reduced, depending on the VIP level. Maker fees can drop to 0% and taker fees to 0.00035%. This fee reduction can have a significant impact on your profitability when you trade high volumes.
Fund Custody
You can benefit from VIP status by having a wallet address that is dedicated. This makes it more convenient, and also adds security.
Exclusive Channel for Deposits and Withdrawals
You can deposit or withdraw money from your account with ease and security if you have VIP status.
Festival Rewards
Bitget VIPs get exclusive perks and priority access to Bitget promotions. They can also claim discounts on fees or receive fantastic rewards for Bitget campaigns.
You could be eligible for Bitget’s VIP program if you are a Bitget newbie but already have a VIP status with another exchange. As a Bitget VIP, you must submit a screenshot from your trading history that shows a volume of 30 days. Bitget will assign you a personal account manager once your application is approved (normally within 24 hours, if it meets the requirements).
Spot Trading VIP Requirements
| VIP Level | Spot Trading requirements | 24 Hour Withdrawal Limit |
| VIP 1 | 30-day trading volume (USDT):>1,000,000 Assets (USDT):>50,000 BGB holdings:>100,000 | $5,000,000 |
| VIP 2 | 30-day trading volume (USDT):>5,000,000 Assets (USDT):>500,000 BGB holdings:>1,000,000 | $5,000,000 |
| VIP 3 | 30-day trading volume (USDT):>10,000,000 Assets (USDT):>1,000,000 BGB holdings:>2,000,000 | $5,000,000 |
| VIP 4 | 30-day trading volume (USDT):>30,000,000 Assets (USDT):>2,000,000 BGB holdings:>4,000,000 | $8,500,000 |
| VIP 5 | 30-day trading volume (USDT):>50,000,000 Assets (USDT):>3,000,000 BGB holdings:>6,000,000 | $8,500,000 |
Futures VIP Trading requirements
| VIP Level | Futures Trading Requirements | 24 Hour Withdrawal Limit |
| VIP 1 | 30-day Futures trading volume (USDT):>10,000,000 Assets (USDT):>50,000 BGB holdings:>100,000 | $5,000,000 |
| VIP 2 | 30-day Futures trading volume (USDT):>20,000,000 Assets (USDT):>500,000 BGB holdings:> 1,000,000 | $5,000,000 |
| VIP 3 | 30-day Futures trading volume (USDT):>50,000,000 Assets (USDT):>1,000,000 BGB holdings:> 2,000,000 | $5,000,000 |
| VIP 4 | 30-day Futures trading volume (USDT):>100,000,000 Assets (USDT):>2,000,000 BGB holdings:> 4,000,000 | $8,500,000 |
| VIP 5 | 30-day Futures trading volume (USDT):>200,000,000 Assets (USDT):>3,000,000 BGB holdings:> 6,000,000 | $8,500,000 |
Margin Trading: Start Earning As a Bitget VIP Member
The following figures relate to BTC margin trading.
| VIP Level | Regular Daily/Annual Interest Rate | Discount on Interest Rate | VIP Daily / Annual Interest Rate |
| VIP 1 | 0.007% / 2.555% | -3% | 0.00679% / 2.47835% |
| VIP 2 | 0.007% / 2.555% | -8% | 0.00644% / 2.3506% |
| VIP 3 | 0.007% / 2.555% | -14% | 0.00602% / 1.91625% |
| VIP 4 | 0.007% / 2.555% | -25% | 0.00525% / 1.91625% |
| VIP 5 | 0.007% / 2.555% | -40% | 0.0042% / 1.533% |
Important Note
Bitget will be revising its VIP fees as of August 16th, 2023. The updated information can be found by clicking the link above.
"For VIP users who qualify through spot trading volume, we are reducing the trading volumes required for level-up from VIP 1 to VIP 5, along with the corresponding taker and maker fees for each respective VIP level." Source: Bitget
Bitget Copy Trading Fees
There are no hidden fees with Bitget’s copy trading service. This means you will always know what you have to pay.
It is free to follow a trader on Elite Bitget, but there may be other costs.
- Slippage Fees
- Elite traders charge a percentage of their total net profit as performance fees.
- Subscription fees may vary from Elite trader-to-trader
- You can pay for a trading strategy or you can subscribe to a copy of a strategy.
- Trading fees are the charges you pay for the transactions that you place on your account.
Elite traders can charge specific fees for subscriptions or strategies.
Discounts on Bitget and Promotions
Bitget runs regular competitions. Here are some examples:
- Launchpool Promotion: Place BGB, and receive a share in 745 $GRIMACE – a newly listed cryptocurrency.
- One Month Promotion: Gift Package for New Users of 700 USDT
- Get $200 when you deposit $200. You will also receive $200 as well as a discount of 15%.
- Bitget Trading Bot Competition: Win points and share in the USDT 20k prize pool.
- Two-Week Giveaway: Win 5 ETH plus a DJI Drone in a lucky draw.
Compare with other Exchanges
Bitget is listed in the top twenty cryptocurrency trading exchanges. This includes giants like Binance and Bybit as well as Coinbase Exchange, KuCoin Exchange, Kraken, Coinbase Exchange and OKX.
Bitget, which was established in 2018, lists 580 cryptos, compared with 380+ cryptocurrencies for OKX. Kraken and Coinbase Exchange list 230+ cryptocurrencies and Binance 380+. Bitget’s crypto listings are significantly higher than those of other platforms.
Bitget may see a major change in its business model if it introduces the EUR and GBP banking deposit and withdrawal options. This is because very few centralised crypto-exchanges provide this feature.
Bitget has a number of impressive features. "Earn" And yield farming products, copy trading services and the VIP program.
Overall, the exchange is a success, and even though it’s only been in operation for five years. It has grown significantly, with 20 million users registered. Bitget boasts that it has daily trading volumes of up to 10 billion USDT.
"Behind Bitget is a group of early adopters who believe in a blockchain-based future. Since 2018, we have built an exchange committed to helping users trade smarter by providing a secure, one-stop crypto investment solution." Source: Bitget
In our following articles, you can see how Bitget compares to the competition.
- Bitget vs OKX
- Bitget vs KuCoin
- Bitget vs Bybit
Summary and Conclusion
We summarized our review of the Bitget cryptocurrency trading exchange for both new and experienced traders. We took a quick look at the copy-trading service and the fees that you can expect to pay.
Bitget charges a 0.1% maker fee and a 0.02% taker fee for futures trading. If you pay fees with BGB, Bitget's native token, you can receive a 20% discount.
Sign up for Bitget using our Bitget Signup Link and enjoy an additional 20% discount on trading fees!
Bitget accepts multiple cards, including VISA and Mastercard. Apple Pay, Google Pay, and Google Pay are also supported. Banxa Simplex Mercuryo AlchemyPay and other third-party providers are also available.
Bitget’s services will be able to accept deposits and withdrawals of EUR or GBP in 2023. It's an excellent move on Bitget's behalf, and we are sure it's a welcome option for registered and new users alike for the fast payment and additional security of using a bank account.
If you're a high-volume trader, you can upgrade to the Bitget VIP program and receive additional benefits such as a personal account manager, Fund Custody and Festival rewards. You can apply for Bitget VIP status if you have a VIP account at another exchange but are new to Bitget. Simply submit your trading history showing the last 30-day trading volume.
The Bitget copy trading service might be an exciting option if you're new to trading. Subscription or strategy fees as well as standard trading fees are charged. All these fees are disclosed upfront so that you know exactly what you’re getting into before you start following any of the 100k elite traders.
In conclusion, this has been a brief soiree with Bitget, and if you'd like to know more about this reputable platform, we have a dedicated Bitget review.
Common Questions
What are Bitget exchange fees?
Bitget Exchange’s fees vary depending on whether or not you are a member of the VIP program and whether you do spot trading or futures.
- Spot trading: maker fees of 0.1% and taker fees of 0.1%
- Futures Trading Fees: Makers Fees of 0.02%, and Takers Fees of 0.06%
How Do Trading Fees Work On Bitget Exchange?
Spot trading fees are 0.1% per trade for both the maker and taker. Futures trading charges are 0.02% Maker and 0.06% Taker.
If you choose to pay for your cryptocurrency trading fees using BGB then these fees will be reduced by 20%.
Can I Change My Fee Structure On Bitget Exchange?
No. You can only alter the structure if you are a high-volume VIP member. You can also receive a 20% discount if you choose to pay Maker and Taker Fees with BGB (Bitget’s native coin).
Is Bitget A Good Exchange?
Bitget has a reputation as a reliable crypto exchange, with a very popular copy trading system. It has more than 20 million registered users. Over 100k Elite traders and 400k followers follow the Copy Trading Service.
Is Bitget Safe?
Bitget’s reputation is that it puts the security of its users first.
Bitget Exchange Security Features:
• Cold wallet storage
• Proof of Reserves.
• Regulated Exchange
• $300M Protection Fund
• Spot exchange score of 6.6 (CoinMarketCap)
• 2FA for logins, withdrawals, and account modifications.
• Listed on CER in 2020 in the top 20 secure cryptocurrency exchanges.
Are Bitget Exchange Fees Subject To Change?
Bitget will give plenty of notice before it changes its fee structure.
Which Is Better, Bitget Or Binance?
Binance, the largest cryptocurrency exchange in terms of daily trading volume, has many products and features. Bitget, while not as large or popular as Binance, offers an impressive range of products and services, including many different currencies. “Earn” Products, copy trading and fiat deposits and withdrawals, (for GBP or EUR) directly to and from your account.
If you are a cryptocurrency trader, you’ll love either one, as it is all based on personal preference. Both have a great reputation, plenty volume and liquidity. They also both offer trading markets, listed cryptocurrencies, and trading pairs.
