Bitget

Bitget grew quickly on the back of its copy trading product and a large protection fund. It publishes monthly proof-of-reserves and lists altcoins early. On September 24, 2026 about $387.5M was drained from its hot and warm wallets after a zero-day in a third-party security product gave attackers internal credentials; Bitget covered the loss from its protection fund and resumed withdrawals in phases from September 28. Read our on-chain analysis before depositing.

Pros

• Leading copy trading platform
• Protection fund absorbed the September 2026 hack; withdrawals resumed within four days
• Fast altcoin listings

Cons

• Hot and warm wallets hacked for about $387.5M in September 2026, the largest exchange breach of the year; signing was shut down three hours after detection
• Not available to US users
• Younger brand with a lighter regulatory footprint than Coinbase/Kraken

Securing your Bitget account

• Keep only active trading balances on the platform until the Mandiant/SlowMist incident report is published
• Verify official domains carefully: Bitget is heavily impersonated by phishing sites

Full walkthrough: exchange account security and the checklist.

Questions

Is Bitget safe?

Bitget publishes proof of reserves, maintains Protection Fund (~$300M+) and is licensed or registered in Lithuania (VASP), Poland (VASP), Italy (OAM), El Salvador (BSP). Hot and warm wallets hacked for about $387.5M in September 2026, the largest exchange breach of the year; signing was shut down three hours after detection. Keep only what you actively trade on any exchange.

What are Bitget fees?

Base spot fees are 0.10% maker and 0.10% taker, lower with volume tiers.

Does Bitget require KYC?

Yes, identity verification is required before trading or withdrawing.

Where is Bitget based?

Founded in 2018. Headquarters: Seychelles (offices in Singapore, Dubai).