Bitget exchange profile

Profile of Bitget: exchange information, markets and recorded details on GradeMarket.

Bitget is best known for its industry-leading copy trading platform and high-profile football sponsorships, but it also offers a robust derivatives trading infrastructure. Its standard spot trading fee is 0.10% for both makers and takers, while futures trading fees start at 0.02% maker and 0.06% taker. According to Bitget's official Terms of Use, Iran is listed as a prohibited jurisdiction. Bitget is particularly well suited for users who want to automatically replicate the strategies of experienced traders through copy trading.

The Day Lionel Messi Became the Ambassador of a Crypto Exchange

In October 2022, just one month before the FIFA World Cup in Qatar, Bitget announced that Lionel Messi, the seven-time Ballon d'Or winner, had become the exchange's global brand ambassador.

The partnership, reportedly worth around $20 million, came at a time when confidence in the cryptocurrency industry had been severely shaken by the collapse of FTX. Bitget described the campaign as an effort to help restore trust in the crypto industry.

Combined with the exchange's previous sponsorship agreements with Juventus and Galatasaray, the Messi partnership transformed Bitget from a relatively lesser-known exchange into one of the most recognizable cryptocurrency brands among football fans worldwide.

Key Features

• One of the industry's strongest copy trading ecosystems
• Protection Fund valued at more than $300 million
• Monthly Proof of Reserves reports showing reserve ratios above 100%
• Regulatory registrations in El Salvador, Australia (AUSTRAC), and several European jurisdictions
• Integrated Bitget Wallet for Web3 applications

Fees and Costs

The standard spot trading fee is:

• Maker: 0.10%
• Taker: 0.10%

Users who pay trading fees with the native BGB token receive a discounted rate of 0.08%.

For futures trading, the base fees are:

• Maker: 0.02%
• Taker: 0.06%

By combining BGB discounts, VIP status, and referral incentives, effective trading costs can be reduced to roughly half of the standard rates.

Security and Trust

The Bitget exchange itself has not experienced a major security breach involving customer funds.

However, Bitget Wallet (formerly known as BitKeep) experienced two separate security incidents during 2022:

• Approximately $1 million was lost through an exploit affecting its swap functionality.
• A separate incident involved a malicious fake version of the wallet application.

In both cases, the company committed to fully compensating affected users.

Today, Bitget publishes monthly Proof of Reserves reports and maintains a Protection Fund exceeding $300 million to enhance customer confidence.

Support for Iranian Users

According to the Prohibited Countries section of Bitget's official Terms of Use, Iran is explicitly listed as a restricted jurisdiction.

The exchange uses geolocation technology to block users located in Iran.

Since January 2024, Know Your Customer (KYC) verification has been mandatory, meaning that Iranian identity documents are generally not accepted during the verification process.

Bitget periodically updates its list of restricted jurisdictions—for example, Syria was removed from the list in June 2025. However, Iran remains on the prohibited list as of 2026.

Pros and Cons

Pros

• Industry-leading copy trading platform suitable for less experienced traders
• Large Protection Fund and regular Proof of Reserves reporting
• Strong global brand recognition through major sports sponsorships

Cons

• Security incidents involving Bitget Wallet (though not the main exchange)
• Officially restricts users from Iran
• Does not yet hold full MiCA authorization across Europe or maintain an official presence in the United States

Compared with Competitors

In terms of trading fees, Bitget is broadly comparable to KuCoin, although it remains more expensive than MEXC.

Its greatest competitive advantage is undoubtedly copy trading. Few major exchanges have invested as heavily in building and promoting this feature.

For users interested in automatically following experienced traders, Bitget is generally a more natural choice than exchanges such as Kraken or Coinbase, which focus primarily on traditional trading services.

How to Sign Up in Three Steps

1. Register on the official Bitget website or mobile app using a valid email address or a non-Iranian phone number.
2. Upload valid identity documents to complete the mandatory KYC verification process.
3. Fund your account and choose between direct trading or copy trading.

Frequently Asked Questions

Does Bitget work for Iranian users?

No. According to Bitget's official Terms of Use, Iran is listed among the prohibited jurisdictions.

How does Bitget Copy Trading work?

Users can automatically replicate the trading strategies of selected professional traders. However, copy trading still involves substantial market risk, and profits are never guaranteed.

Is Bitget safe?

The main exchange has no history of major hacks affecting customer funds. However, Bitget Wallet experienced two separate security incidents in 2022, both of which the company says were fully compensated.

Final Verdict and Rating

• Security: 7/10
• Fees: 7/10
• Persian-language Support: 1/10

Bitget is a strong choice for users who want to benefit from the experience of professional traders through one of the cryptocurrency industry's most advanced copy trading platforms. However, because it officially restricts users from Iran, it is not a practical option for Iranian residents.

This review is based on information available as of 2026. Exchange policies, trading fees, supported jurisdictions, and regulatory requirements may change over time. Always verify the latest information on Bitget's official website before opening an account.