Bitget: fact sheet

What is Bitget and who runs it?

Bitget is a centralised crypto exchange, meaning a company that runs crypto markets and usually holds customers’ crypto for them. Read what a crypto exchange is if the idea is new.

Bitget’s About page says: “Since 2018, we have been building an exchange committed to helping users trade smarter”. It reports “120 million Registered users worldwide” and names Gracy Chen as chief executive. These are the company’s own statements; we have not seen the user figure independently checked.

The legal answer to “who runs it” is in the Terms of Use, last updated on 15 September 2026. They define the provider as “BTG Technology Holdings Limited (hereinafter referred to as ‘Bitget’ or ‘we’)”. That is the company your agreement is with if you use the global platform. The terms you are shown may name a different company in some countries, so read the first page before you accept.

Where is Bitget licensed or registered?

Bitget publishes a list of registrations on its own website. As of 2 October 2026 it included:

These are the company’s claims. We did not confirm them on each regulator’s register in this check, and we did not find Bitget on the Dubai VARA register page or in the part of the European Securities and Markets Authority’s (ESMA) MiCA register file we could read. We make no statement either way about EU authorisation; check ESMA’s register yourself. Our guide on checking if a crypto firm is authorised lists the official registers.

Read the UK entry carefully. In Bitget’s own wording it is an “FCA-approved platform partnering with an Authorized Person for the purposes of Section 21”. Section 21 of the Financial Services and Markets Act 2000 is headed “Restrictions on financial promotion”; it allows a financial promotion whose content is approved by an authorised person. That is different from Bitget itself appearing on the FCA register as a crypto business. And registration itself is not full protection: the FCA says registration “does not mean your customers benefit from the protections of the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS).”

What did Bitget say about Singapore?

In a notice dated 21 July 2026, Bitget stated: “Bitget is not licensed, approved, registered, authorized or in any other way regulated by the Monetary Authority of Singapore (“MAS”)”. It added that Singapore is one of the listed Prohibited Countries under its terms and that “Bitget does not make its products or services available to, and does not solicit or target, persons in Singapore.”

Notices like this are worth reading for any exchange. They tell you where the company itself says it is not allowed to serve customers.

What can you trade on Bitget?

Bitget’s About page lists “Spot trading, Futures trading, Copy trading, Earn, Web3 wallet, Bots, APIs, and Margin”. Spot trading means buying and selling the coin itself. Futures are derivatives — contracts that follow a coin’s price — and margin trading uses borrowed money. Copy trading lets you automatically mirror another user’s trades, which means their mistakes become yours.

Products differ by country, and some may not be available where you live even if you are not in a prohibited country.

What fees does Bitget charge?

Bitget’s fee page did not show fee figures when we checked it on 2 October 2026, so we do not quote a rate here. Check the official Bitget fee page for your region, and the fee schedule for each product you plan to use.

Compare the trading fee for your tier with the spread and with deposit, withdrawal and, for futures, funding costs. Illustrative arithmetic only: at a hypothetical 0.1% fee, a £1,200 trade costs £1,200 × 0.001 = £1.20. Our lesson on crypto trading fees explains the costs behind the headline rate.

Does Bitget publish proof of reserves?

Bitget has a proof-of-reserves page. It describes a Merkle tree in which “The system performs a SHA-256 hash on the account name and balance, then pairs and computes adjacent hash values layer by layer to ultimately generate the Merkle root.” Bitget says it publishes the Merkle proof, reserves and reserve ratio monthly. When we loaded the page on 2 October 2026 it did not show current figures, so log in and check the latest report yourself. The page also links to a Bitget “Protection Fund”; we did not verify its size.

Treat any proof of reserves with care. The US Public Company Accounting Oversight Board (PCAOB), which oversees auditors, warned in March 2023: “PoR engagements are not audits and, consequently, the related reports do not provide any meaningful assurance to investors or the public.” It added that such reports likely do not address a platform’s liabilities, or whether the assets shown were borrowed. In other words, a snapshot of Bitget’s wallets tells you what it held at one moment, not what it owes. Our explainer on proof of reserves covers the method and its limits.

Is there any regulator action on record against Bitget?

We searched the US Department of Justice, the Commodity Futures Trading Commission, the Securities and Exchange Commission and the US Treasury on 2 October 2026 and found no enforcement announcement against Bitget. That is not proof of a clean record. It only means we found nothing in those sources, and we did not search every country’s regulators.

You can run the same check. Search your own regulator’s warning list for the company name, and use the International Organization of Securities Commissions’ I-SCAN alerts portal, which gathers alerts published by securities regulators worldwide. As with any warning list, no result there does not mean a firm is authorised.

Which countries can’t use Bitget?

Bitget’s Terms of Use (last updated 15 September 2026) define Prohibited Countries as “the following countries and such other locations as designated by Bitget from time to time, including Austria, Canada, Crimea, Cuba, Donetsk, France, Germany, Hong Kong, Iran, Japan, Kazakhstan, Luhansk, Malaysia, North Korea, Singapore, Sudan, the United States”, including US territories and minor outlying islands, followed by “Iraq, Libya, Yemen, Afghanistan, the Central African Republic, the Democratic Republic of the Congo, Guinea-Bissau, Haiti, Lebanon, Somalia, South Sudan and Thailand.”

Note the words “such other locations as designated by Bitget from time to time”: the list can grow. Read the current version before you sign up, and never use a VPN or false details to get around it — that would break the terms you agree to.

What should you check before you sign up with Bitget?

Use this list before you send Bitget any money. Each step takes a few minutes and uses official sources, not the platform’s marketing.

1. Your country. Check the Prohibited Countries list; it includes several large EU countries.
2. The contracting company. Confirm the company named in your terms and look it up on your regulator’s register.
3. Licence claims. For any licence Bitget lists for your country, find the entry on the regulator’s own website.
4. The web address. Type it yourself; big brands attract clone sites.
5. Costs. Note trading fees, spread, funding and withdrawal costs.
6. Copy trading and futures. Understand that copied trades and leverage can lose money fast.
7. Custody. Plan how much stays on the exchange; see wallets and private keys.

What are the risks of using Bitget?

Every risk that applies to crypto platforms in general applies to Bitget:

• Price risk. The UK Financial Conduct Authority (FCA) says: “If you decide to invest in crypto then you should be prepared to lose all your money, for any one of a variety of reasons, including sudden market moves, the failure of a firm, poor segregation of client funds or cyberattacks.”
• No compensation scheme. The FCA says crypto “is largely unregulated in the UK, so it is highly unlikely you will be covered by the Financial Services Compensation Scheme”. In the US, the SEC says of the protections that apply to brokerage accounts: “There are no such protections for accounts that you place with crypto asset entities.”
• Platform failure. The SEC noted in 2023: “Over the past year, a number of crypto asset entities have faced severe financial difficulties, sometimes resulting in suspending customers’ ability to withdraw their assets.”
• Leverage. Futures and other derivatives usually let you trade with borrowed money, which magnifies losses as well as gains. The US self-regulatory body FINRA’s day-trading risk disclosure warns that when you trade with borrowed funds you can lose more than you originally put in.
• Copy-trading risk. Mirroring another trader means taking on their decisions and their losses, often with leverage.

Blockhorizon is an education site. This fact sheet is not a recommendation to open an account with, or avoid, any platform. We have not rated this exchange; see our rating methodology.