Bitget Exchange Fees: A Detailed Overview

Last updated: Jan 09, 2024
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Coin Bureau’s Ratings:
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The article provides an in-depth look at Bitget, a reputable and secure cryptocurrency exchange. It highlights the platform's features, including its support for over 550 spot trading pairs and derivative trading. The article emphasizes Bitget's commitment to security and its impressive growth, with over 20 million users and a place among the top 20 cryptocurrency exchanges.

The article then delves into Bitget's fee structure. It explains the difference between maker and taker fees and how they are applicable to trading on the platform. The maker fee is charged when providing liquidity to the market, while the taker fee applies when removing liquidity by executing immediate orders. Bitget's trading fees are competitive, with spot trading maker and taker fees set at 0.1% and futures trading maker fees at 0.02% and taker fees at 0.06%. Additionally, users can enjoy a 20% discount on fees by paying with Bitget's native token, BGB.

The article also covers deposit and withdrawal fees on Bitget. Deposits can be made with zero fees using multiple payment methods, including Visa, Mastercard, Apple Pay, Google Pay, and third-party providers like Banxa, Simplex, Mercuryo, and AlchemyPay. Fiat currency deposits are possible through SEPA, supporting EUR, GBP, UAH, RUB, and BRL. Crypto withdrawal fees are variable and depend on the network and token used.

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Bitget's VIP program is highlighted as a benefit for active traders. VIP members gain access to a personal account manager, reduced trading fees, and exclusive features like fund custody and preferred deposit and withdrawal channels. The article outlines the requirements for achieving VIP status based on trading volume, assets held, and BGB token holdings.

The article also mentions Bitget's copy trading service, which allows users to follow elite traders and potentially earn profits. The costs associated with copy trading are explained, including slippage fees, performance fees, subscription fees, and strategy fees.

Bitget is compared to other cryptocurrency exchanges, and its strengths, such as a wide range of cryptocurrency listings, the introduction of EUR and GBP bank deposits and withdrawals, and high-yield products, are highlighted.

In conclusion, the article provides a comprehensive overview of Bitget, its features, fee structure, VIP program, and copy trading service. It offers insights into the platform's strengths and compares it to other leading exchanges. Overall, Bitget is presented as a reputable and competitive option for cryptocurrency trading and investment.

The article provides an in-depth look at Bitget, a reputable and secure cryptocurrency exchange. It highlights the platform's features, including its support for over 550 spot trading pairs and derivative trading. The article emphasizes Bitget's commitment to security and its impressive growth, with over 20 million users and a place among the top 20 cryptocurrency exchanges.

The article then delves into Bitget's fee structure. It explains the difference between maker and taker fees and how they are applicable to trading on the platform. The maker fee is charged when providing liquidity to the market, while the taker fee applies when removing liquidity by executing immediate orders. Bitget's trading fees are competitive, with spot trading maker and taker fees set at 0.1% and futures trading maker fees at 0.02% and taker fees at 0.06%. Additionally, users can enjoy a 20% discount on fees by paying with Bitget's native token, BGB.

The article also covers deposit and withdrawal fees on Bitget. Deposits can be made with zero fees using multiple payment methods, including Visa, Mastercard, Apple Pay, Google Pay, and third-party providers like Banxa, Simplex, Mercuryo, and AlchemyPay. Fiat currency deposits are possible through SEPA, supporting EUR, GBP, UAH, RUB, and BRL. Crypto withdrawal fees are variable and depend on the network and token used.

Bitget's VIP program is highlighted as a benefit for active traders. VIP members gain access to a personal account manager, reduced trading fees, and exclusive features like fund custody and preferred deposit and withdrawal channels. The article outlines the requirements for achieving VIP status based on trading volume, assets held, and BGB token holdings.

The article also mentions Bitget's copy trading service, which allows users to follow elite traders and potentially earn profits. The costs associated with copy trading are explained, including slippage fees, performance fees, subscription fees, and strategy fees.

Bitget is compared to other cryptocurrency exchanges, and its strengths, such as a wide range of cryptocurrency listings, the introduction of EUR and GBP bank deposits and withdrawals, and high-yield products, are highlighted.

In conclusion, the article provides a comprehensive overview of Bitget, its features, fee structure, VIP program, and copy trading service. It offers insights into the platform's strengths and compares it to other leading exchanges. Overall, Bitget is presented as a reputable and competitive option for cryptocurrency trading and investment.

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Coin Bureau’s Ratings:
4.0
merch Inline
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Coin Bureau’s Ratings:
4.0
Our Take:

Bitget is a reputable global crypto exchange that is rapidly growing and becoming a hub for copy trading and crypto traders of all skill levels. It is a professional-grade trading platform that offers fiat on and offramp services along with low fees but could benefit from a better earn product selection and better crypto asset support.

Pros
Low trading fees
Popular copy trading platform
Good selection of spot and futures trading pairs
Full fiat services
Cons
Support response times can be slow
Minimal earn products
Unregulated Exchange

When starting crypto trading or investing, knowing how much it will cost to trade or invest is essential. Sometimes, it can be challenging to research cryptocurrency exchanges to establish what fees you're likely to pay.

On top of that, you also want to know if your chosen exchange is reputable, established and secure. With several hundred crypto exchanges, a handful stand out among the rest. Bitget is a relative baby in the crypto space but quickly became a contender among the big boys dominating the Leaderboard for cryptocurrency exchanges. 

Bitget_Deals_CTA_3581081c63.jpg

This article will give you a behind-the-scenes look at Bitget fees and some background about the popular crypto exchange.

Note: Users located in the US and UK are not supported.

What is The Bitget Exchange?

Bitget is a well-established, secure and reputable cryptocurrency exchange, boasting support for more than 550 spot trading pairs, with over 770+ trading pairs. It has an impressive suite of features encompassing derivatives trading and other functionalities.

Over the years, Bitget has gained significant popularity within the crypto community. Founded in 2018, it has grown fast. It has over 20 million users, and the platform resonates with enthusiasts and traders alike. 

The copy trading functionality is one of the most popular features on the platform. With 100k Elite traders and 400k followers, it attracts attention from crypto traders at all levels. We were so impressed with the Bitget copy trading platform that we even covered it in our in-depth Bitget Copy Trading Review if you want to learn more about the ins and outs of the product.

Bitget has an unyielding commitment to security. The exchange proudly touts its unwavering dedication to safeguarding user assets, which we cover in our Bitget Security Analysis, and has firmly established trust by ensuring top-tier security measures, such as its $300 million protection fund.

Bitget boasts good daily trading volume, surpassing the $389 million mark as of Q4 2023. Despite its comparatively recent entry into the market, the exchange catapulted itself into the upper echelons of the cryptocurrency world, securing a place within the top 20 crypto exchanges according to CoinGecko.

In line with its commitment to inclusivity and global accessibility, Bitget provides a comprehensive range of payment options and caters to over 40 fiat currencies. 

Setting its sights on building user engagement and participation, Bitget reported a significant upgrade on July 16th, 2023. The upgrade enables BGB (Bitget native token) holders to qualify for "super airdrops" if they maintain a minimum of 4,000 BGB tokens for fifteen consecutive days.

This article focuses on Bitget fees. To learn more about the platform, feel free to check out our dedicated Bitget Review.

Along with the review, we also have the supporting Bitget Articles:

Bitget Exchange Fee Structure

Bitget trading fees are competitive compared to other low-cost 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.

You will incur these fees if you trade crypto on the Bitget platform or any trading exchange. 

Maker and taker fees are terms commonly used in trading on cryptocurrency exchanges and traditional financial markets. They refer to the fees traders pay to execute trades on the platform.

Maker Fee

A maker fee applies to traders providing liquidity into the market by placing limit orders (those that aren't filled immediately). 

A limit order is when you place an order to sell or buy an asset at a predetermined price or better. If the order isn't matched immediately, it goes into the order book. Effectively, you become a "maker" of the market. 

Trading platforms need liquidity to fill orders, so you can expect maker fees to be lower than taker fees because these orders contribute to the overall liquidity of the exchange.

Taker Fee

Traders pay a taker fee when they remove liquidity from the market by placing orders that match existing orders in the order book. These orders execute immediately, "taking" liquidity from the market. 

Market orders (instant order execution) and immediate-or-cancel orders are examples of orders that usually 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.

Bitget fees
Bitget Trading Fees Are Competitive: Image Source: Bitget

The distinction between maker and taker fees concerns the trader's role in the market dynamics. Makers contribute to liquidity by adding orders to the order book, while takers remove liquidity by executing orders matching existing ones.

Depending on which crypto assets you trade, maker and taker fees are variable. 

  • Spot Trading: Maker Fees 0.1% and Taker Fees 0.1%
  • Futures Trading: Maker Fees 0.02% and Taker Fees 0.06%

If you pay your fees with BGB, Bitget's native token, you can get an extra 20% discount. 

Bitget Deposit And Withdrawal Fees

Bitget Deposits

You can deposit crypto with Bitget for zero fees. All payment methods require identity verification, so set that up before purchasing cryptocurrency from Bitget.

Bitget supports multiple payment methods, including the following: -

  • VISA and MasterCard
  • Apple Pay and Google Pay
  • Discover
  • Diners Club

You can purchase cryptocurrencies with a wide range of fiat payments. Standard card payment fees apply depending on which card you use. 

Bitget also supports third-party payments, such as the following: -

  • Banxa
  • Simplex
  • Mercuryo
  • AlchemyPay

When you purchase cryptocurrencies from Bitget via a third-party payment provider, you will temporarily leave the Bitget site to complete the transaction. Bitget does not charge a fee for third-party payment, but fees may apply with the provider. 

Fiat Currency Deposits To Your Bitget Account

You can deposit fiat directly to your account using SEPA. The following fiat currency options are available for deposit. 

  • EUR (Euro)             
  • GBP (The British Pound Sterling)
  • UAH (Ukraine Hryvnia)
  • RUB (Ruble)
  • BRL (The Brazilian Real)

Payments typically take two days to reach your account.

Bitget deposit
SEPA Is The Option For Fiat Deposits To Your Account: Image Source: Bitget

Bitget Crypto Withdrawal Fees

Crypto withdrawal fees are variable and also depend on the network. I have detailed some of the well-known token fees in the following table: 

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 or GBP From Your Bitget Account

You can now withdraw EUR or GBP from your account to and from your bank directly, which is an excellent option unavailable with many crypto exchanges.

  • Step 1: Select the "Bank Withdraw" button on Bitget
  • Step 2: Select between EUR or GBP for SEPA withdrawals
  • Step 3: Ensure you select "SEPA bank transfer"
  • Step 4: If it's your first fiat currency withdrawal, add your bank account details
  • Step 5: Enter the withdrawal amount and click "Next"
  • Step 6: Confirm your order with bank name and IBAN details
  • Step 7: Complete the email verification and Google authentication for security
  • Step 8: After submitting, you will see a "Withdrawal Submitted Successfully prompt"

At this stage, you will receive one of three potential prompts: -

  • Withdraw Success
  • Withdraw Failed
  • Withdraw is Under Review

You can open the order history in your Bitget account to view the details if the transaction completes successfully. 

This new service brings multiple benefits to Bitget users: -

  • No gas fees
  • No third-party fees
  • More secure payment option
  • Real-time currency exchange rates
  • Zero GBP and EUR withdrawal or deposit fees 
  • Instant deposits and withdrawals from your bank account to Bitget with SEPA
  • The FPS (Faster Payments Service) for GBP withdrawals and deposits (usually instant payments)
Bitget Trading Fees
Bitget Provides An Excellent Platform For Cryptocurrency Trading: Image Source: Bitget

In addition, you can now spot trade with EUR and GBP on Bitget.

The Bitget VIP Program

If you are an active crypto trader, joining the Bitget VIP program has multiple benefits. Once you reach a specific threshold based on your asset holdings and trading volume, Bitget qualifies you automatically for VIP status. The rewards for high-volume derivative and spot traders include many benefits.

There are five levels for VIP status, assessing 30-day spot trading volume, assets held and BGB (The Bitget Token) holdings.

Personal Account Manager

Bitget assigns you an experienced personal account manager. You can anticipate premium support as a VIP from your dedicated account manager. They can help with any questions regarding trading or the Bitget platform. 

Exclusive Trading Fees

Maker and Taker fees are reasonable with Bitget. Spot trading maker and taker fees are 0.1%, and for Futures trading, fees are 0.02% and 0.06% consecutively. 

However, with VIP status, these fees reduce considerably, depending on your VIP level. Maker fees can be as low as 0%, and Taker fees drop as low as 0.00035%. When trading high volume, this fee reduction can significantly affect your profitability.

Bitget VIP program
Joining The Bitget VIP Service Comes With Many Benefits: Image Source: Bitget

Fund Custody

VIP status entitles you to a dedicated wallet address, which is more convenient and has added security.

Exclusive Channel For Deposits And Withdrawals

VIP status gives you a secure, fast and easy way to deposit and withdraw funds to and from your account.

Festival Rewards

VIP members get priority on Bitget promotions and exclusive perks, such as discounted fees and claiming fantastic rewards on Bitget campaigns.

Bitget Rewards
 Bitget Has An Excellent Range of High-Yield Products: Image Source: Bitget

If you are new to Bitget but have a VIP account with another exchange, you could qualify immediately for the Bitget VIP. You submit a screenshot of your trading history showing a 30-day volume as a VIP. Once approved (usually within 24 hours if your application meets requirements), Bitget will assign a personal account manager to you. 

Bitget products
Examples of High-Yield Bitget Products: Image Source: Bitget

Spot Trading VIP Requirements

VIP LevelSpot Trading Requirements24-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 LevelFutures 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 below figures are for BTC margin trading.

VIP LevelRegular Daily / Annual Interest RateDiscount on Interest rateVIP daily / Annual Interest Rate
VIP 10.007% / 2.555%-3%0.00679% / 2.47835%
VIP 20.007% / 2.555%-8%0.00644% / 2.3506%
VIP 30.007% / 2.555%-14%0.00602% / 1.91625%
VIP 40.007% / 2.555%-25%0.00525% / 1.91625%
VIP 50.007% / 2.555%-40%0.0042% / 1.533%

Important Note

From August 16th 2023, Bitget is revising VIP fees and trading volumes. You can find the updated information using 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

The Bitget copy trading service has no hidden costs, so you know from the start what fees you may have to pay.

Bitget copy trading
Choose From 100k+ Elite Bitget Traders: Image Source: Bitget

There are no registration fees to become a follower of an Elite Bitget trader, but there are other costs involved: 

  • Slippage Fees
  • Performance Fees: You pay an agreed percentage of your total net profits to the Elite trader
  • Subscription Fees: These may differ from one Elite trader to the next 
  • Strategy Fees: You will either pay for a strategy or subscribe for strategy copy trading
  • Trading Fees: These are the costs you pay directly from the trades placed in your account

Each Elite trader can also charge you their specific subscription or strategy fees. 

Bitget Discounts and Promotions

Bitget has regular competitions and promotions. The following are a few examples: 

  • Launchpool promotion: Stake BGB and get a share of 745 $GRIMACE, a newly listed coin.
  • One Month Promotion: New user gift package of 700 USDT.
  • Deposit $200 and receive $200 and a 15% discount.
  • Join the Bitget trading bot competition to win points and a chance for a share of the 20k USDT prize pool.
  • Two-Week Promotion: A lucky draw promotion to win 5 ETH and a DJI drone.
Bitget Launchpool
Bitget Competitions and Promotions Are Generous: Image Source: Bitget

Comparison with Other Exchanges

Bitget is in the top twenty listed cryptocurrency exchanges, sitting beneath the exchange giants like Binance, Bybit, OKX, Coinbase Exchange, KuCoin and Kraken. 

Established in 2018, Bitget lists over 580 cryptocurrencies, compared to 380+ for OKX, 230+ for Kraken and Coinbase Exchange and 380+ for Binance. So, from crypto listings alone, Bitget offers significantly more than some platforms.

Introducing the EUR and GBP bank deposits and withdrawal options may be a game changer for Bitget because few centralised crypto exchanges offer this service.

Bitget also has an impressive number of "Earn" and yield farming products, a copy trading service and the VIP program. 

Overall, considering the exchange has only been operational for only five years, it has exceeded expectations and has experienced impressive growth by attracting twenty million registered users. In addition, the Bitget website boasts it has a 10 billion USDT daily trading volume.

"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

You can take a further look into how Bitget stacks up against the competition in our following versus articles:

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Summary and Conclusion

In summary, we looked at the Bitget cryptocurrency exchange as an option for new and experienced traders. We quickly peeked at the copy trading service and explored the anticipated fees you might expect to pay.  

As for Bitget fees, for the non-VIP trader, you can expect to pay 0.1% maker and taker fees for spot trading and 0.02% maker fees and 0.06% taker fees for Futures trading. If you pay fees with BGB, Bitget's native token, you can receive a 20% discount. 

You can also enjoy an additional 20% off trading fees if you sign up using our Bitget Sign-up Link!

Bitget supports multiple card payments, including VISA, Mastercard, Apple Pay and Google Pay. You can also use third-party payment providers, Banxa, Simplex, Mercuryo and AlchemyPay. 

A new addition in 2023 to Bitget services now allows you to deposit and withdraw EUR or GBP to and from your bank account. 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. If you are new to Bitget but have a VIP account with another exchange, applying for VIP status with Bitget is simple. Just submit your trading history, showing the past 30-day trading volume.

The Bitget copy trading service might be an exciting option if you're new to trading. There are fees involved, such as subscription or strategy fees and standard trading fees. Still, all these costs are upfront, so you will know what to expect before you begin following one 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

Frequently Asked Questions

What Are Bitget Exchange Fees?

Bitget Exchange fees are variable depending on whether you are a VIP program member and whether you are spot or futures trading.

  • Spot Trading: Maker Fees 0.1% and Taker Fees 0.1%
  • Futures Trading: Maker Fees 0.02% and Taker Fees 0.06%
How Do Trading Fees Work On Bitget Exchange?

For spot trading, each trade has a standard trading fee of 0.1% for Maker and Taker. Futures trading fees are 0.02% for Maker and 0.06% for Taker.

However, if you pay your cryptocurrency trading costs using BGB, these fees reduce by 20%.

Can I Change My Fee Structure On Bitget Exchange?

No. You can only change the structure by becoming a VIP member for high-volume trading. Also, if you pay Maker and Taker fees with BGB, Bitget's native token, you can receive a 20% discount.

Is Bitget A Good Exchange?

Yes, Bitget has established itself as a reputable crypto exchange with a popular copy trading service. It has 20 million registered users. 400k people follow the copy trading service, with over 100k Elite traders.

 

Is Bitget Safe?

Bitget has a reputation for prioritising security for its users.

The Key Features of Bitget Exchange Security Measures are:

• 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?

Yes, fees can change, but Bitget gives plenty of notice if it intends to revise fee structures. 
 

Which Is Better, Bitget Or Binance?

Binance is the world's leading cryptocurrency exchange by daily trading volume and has many features and products. Bitget may not be as big as Binance, yet features an impressive array of products and features, including multiple "Earn" products, copy trading, fiat deposits, and withdrawals (for GBP and EUR) direct to and from your bank account.

Ultimately, if you enjoy cryptocurrency trading, you will love one or the other as it is a personal preference. Both have a good reputation, plenty of volume and liquidity, trading markets and listed cryptocurrencies and trading pairs.

Jan Barley

Jan is a direct response copywriter, SEO writer & case study specialist. She lives in the Cotswold's UK with two rescue dogs. Jan became interested in cryptocurrencies in 2016, starting with a small portfolio of coins.

Jan is fascinated by human behaviour & is qualified in Applied Neuroscience, Consumer Neuroscience & Neuromarketing, CBT, NLP & TA. Currently, she is studying Behavioural Economics & loving it."

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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Coin Bureau’s Ratings:
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