Bitget SG

Overview of Bitget SG

Bitget SG is a cryptocurrency exchange based in Singapore. Founded in 2018. Under the leadership of CEO Sandra Lou and Chief Sales Officer Intae Song, Bitget SG offers a diverse range of products, including spot trading for cryptocurrencies like Bitcoin and Ethereum, as well as futures markets for various tokens. A standout feature is its copy trading service, enabling traders to emulate the strategies of seasoned professionals. But This exchange is not subject to any regulation and does not hold any licenses.

Pros and cons

Regulatory Authority

This exchange is not subject to any regulation and does not hold any licenses. Unregulated exchanges can have security gaps, limited consumer safeguards, and potential fraud risks. Investors should do their research, prioritize security, and consider professional advice.

Security

Bitget SG implements robust security practices to protect user assets and data. it adheres to strict standards for cybersecurity, risk management, and operational controls. Key Security Measures are as follow:

Uses cold wallet storage to keep majority of assets in offline environments not connected to the internet.

Encrypts user data and leverages AI to monitor transactions and detect risks.

Maintains full reserves and partnerships with insured custodians to cover hot wallets.

Implements mandatory KYC identity verification and collaborates with blockchain analytics firms.

Develops systems using secure coding practices and conducts regular smart contract audits.

Backed by large financial institutions and follows best practices for exchange security.

Cryptocurrencies Available

Bitget SG is a cryptocurrency derivatives exchange that offers trading in a variety of digital asset perpetual contracts. Their major products include perpetual swaps on cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, and Polkadot. These derivatives contracts allow traders to speculate on the future price movements of the underlying crypto assets.

How to open an account？

The registration process for Bitget SG can be broken down into the following steps:

Visit the Official Website: Navigate to the official Bitget website.

Registration: Click on “register” on the platform.

Provide Details: Enter your telephone number and set a password.

Verify Phone Number: A verification code will be sent to the provided phone number. Enter this code on the platform to verify your number.

Profile Setup: Once logged in, configure your security settings and other parameters. This includes verifying your email address and activating two-factor authentication (2FA) using Google Authenticator.

Identity Verification: Click on “verification by ID” and provide the necessary details, including country, surname, first name, and identity documents. Completing this step will remove any withdrawal restrictions on your account.

Fees

Bitget SG charges a flat 0.01% maker fee and 0.02% taker fee for all spot trading pairs.

Payment Methods

There are no deposit fees for any cryptocurrency. The withdrawal fees vary depending on the cryptocurrency and the withdrawal method.

Deposit Fees

Withdrawal Fees