Is Bitget exchange trustworthy? How about Bitget exchange?

Bitget supports a variety of cryptocurrency trading pairs and provides leverage trading functions, allowing users to conduct larger transactions with smaller amounts of funds. At the same time, the Bitget trading platform provides a user-friendly trading interface and rich trading tools. , including K-line charts, depth charts, trading orders, etc., to help users make technical analysis and trading decisions. It is very suitable for novice investors. Is Bitget Exchange, which has grown into a dark horse among digital asset derivatives exchanges, credible? ? This must be a question in the minds of many novice investors. With this question in mind, what about Bitget Exchange? The editor will analyze these two questions in detail for everyone.

Is Bitget exchange trustworthy?

Bitget Exchange still has a certain degree of credibility. According to data, the founder of Bitget Exchange has a degree in finance. He has worked in large international investment banks such as J.P. Morgan and managed many debt and equity funds. Before 2021, Bitget Exchange has always been a small exchange with a low sense of existence and was not well known. Since its global CEO joined in 2020, it has increased the marketing and activity of the platform on social media, leading Bitget The exchange is growing rapidly.

Financial media and cryptocurrency blog sites in Taiwan, Japan and other countries have introduced Bitget Exchange, which shows that Bitget Exchange is not a scam platform. Additionally, there are no reports that the Bitget exchange has ever been compromised. According to currency news, Bitget Exchange introduced a $200 million crypto protection fund in August 2022 to ensure the safety of investors.

The Transaction Protection Fund is partially composed of stablecoins, including 6,000 Bitcoin (BTC) and 80 million Tether (USDT). This means that the fund will not be affected by the fluctuations of the virtual currency market and can maintain stability. In addition to the transaction protection fund, Bitget Exchange is also committed to combating illegal activities and has developed strict customer identity checks (KYC) and anti-money laundering (AML) mechanisms to prevent the existence of illegal users. In addition, Bitget has joined forces with third-party partners to strengthen its regulatory standards and continues to accept supervision from regulatory agencies.

After the FTX run, most cryptocurrency exchanges began to launch asset reserve certificates to prove that the platform’s capital reserves are sufficient and can cover 100% of user withdrawals. Bitget Exchange claims that they guarantee to hold 100% of user asset reserves and publish MerkleTree certificates, platform reserves, and platform reserve ratios every month.

How about Bitget exchange?

Bitget Exchange is headquartered in Singapore and is a global digital asset derivatives trading service platform. The company's business includes futures contracts, spot trading and global OTC. Bitget Exchange has branches in Japan, South Korea, Canada and other places, and currently has more than 900,000 registered users worldwide. In July 2020, Bitget completed a US$10 million Series B financing led by South Korea's top gaming company SNK and followed by top capital Anlan Capital. The current valuation is US$1 billion.

Bitget Exchange takes product innovation as its guiding principle, and its flagship product "One-Click Copy Trading" best reflects this. Since its launch in May 2020, one-click copy trading has disrupted the trading model in the cryptocurrency market, providing convenience to traders from all over the world, while also establishing a connection channel between elite traders and their fans. Through one-click copy trading, traders can easily follow the trading strategies of top traders and achieve better trading results. This innovative product brings more opportunities to traders around the world and drives further development of the cryptocurrency market.

Therefore, Bitget Exchange continues to shape its core competitiveness through the social trading model. Through social trading, followers and traders can interact without restrictions, open up a path to interconnection, and achieve financial freedom. Bitget Exchange's "one-click copy trading" can be said to be the pioneer of social trading.

Users of Bitget Exchange can also use the margin trading function to borrow funds, which greatly increases purchasing power. There are more than 100 margin trading pairs on Bitget Exchange, with a maximum leverage of 125 times, for users to use. Bitget Exchange The design concept encourages different groups throughout the network to help each other in maximizing profits. Users can share their unique trading strategies with 8 million users and enjoy up to 10% of profits, as well as other exclusive benefits.

Bitget Exchange also has a special one-click follow-up function. All trading expert data comes from the actual operations of Bitget Exchange, effectively ensuring the authenticity, timeliness and transparency of the data, with order records and All copying records are traceable, and followers can follow orders with confidence. However, investors are still reminded that before using Bitget Exchange, they need to conduct sufficient research and understanding to clarify the functions, transaction fees, and supported transactions of the exchange. This can effectively protect the security of personal information and assets.

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