Bitget is an offshore crypto exchange known for derivatives trading, with various national registrations but no tier-1 regulator. Its advertised welcome pack is built almost entirely from non-withdrawable futures vouchers, whose top tiers cost more in trading fees than they pay out. It does not serve the US, Canada or Singapore.
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
Bitget
Bitget advertises a welcome pack up to $6,200, but the rewards are non-withdrawable futures vouchers, and the realistic value to a typical new user is close to nothing.
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Bitget is a crypto exchange launched in 2018, originally focused on derivatives before expanding into spot trading, copy trading and an Earn program. The operating entity behind the platform's terms of use is BTG Technology Holdings Limited, with terms governed by Hong Kong law, and the company also registered a Seychelles entity in 2022.
Bitget has no tier-1 license. It holds VASP-style registrations in several jurisdictions, including Poland and Lithuania, and a Bitcoin service provider registration in El Salvador; these are registrations rather than full prudential licenses. As of mid-2026 Bitget does not hold a MiCA license in the EU: it is building out a Vienna office and has applied to Austria's regulator for MiCA authorization, but that license had not been granted as the EU's transitional period closed in July 2026.
The exchange reports a large user base, with company figures citing more than 100 million registered users and daily volume in the billions of dollars. These are exchange-reported figures rather than independently audited numbers.
Bitget offers spot trading, USDT-margined and coin-margined futures, copy trading, an Earn section and a self-custody wallet product distinct from the exchange. Standard spot fees are 0.1% for both maker and taker; futures fees are lower, around 0.02% maker and 0.06% taker, before VIP or token-based discounts. BGB, Bitget's native token, gives a 20% discount on spot fees when fees are paid in BGB, plus Launchpad and airdrop access.
Copy trading is one of Bitget's most visible features, with exchange-reported volume of several billion dollars per quarter. Elite (lead) traders earn a share of copier profits, up to roughly 10 to 20% depending on tier, calculated on a high-water-mark basis. Profit-sharing does not protect against losses: if the copied trade loses, the follower absorbs the full loss.
Bitget markets a welcome package advertised at up to 6,200 USDT for new users. In practice this is not a cash deposit; it is a bundle of task-gated vouchers that unlock progressively as a new user deposits funds and trades futures within a 7-day window after signup. Reported tiers run from roughly 50 USDT for a 1,000 USDT net deposit plus 100,000 USDT in futures volume, up to the full 6,000 USDT tier requiring a 50,000 USDT net deposit and 20,000,000 USDT in futures trading volume. A separate, smaller check-in reward is available for logging in on consecutive days.
The rewards are paid mostly as futures trading bonus vouchers, not withdrawable cash. According to Bitget's own voucher guide, trading bonuses generally cannot be moved to a spot account or withdrawn directly; only profits generated while using them can eventually be withdrawn once trading requirements are met. Reaching the top tiers requires generating volume that, at standard futures fee rates, would itself cost meaningful fees, so the realistic net benefit is much smaller than the advertised total.
Terms typically require funds to remain deposited for a period after the challenge window closes, and early withdrawal can forfeit the reward. Exact terms, minimum volumes and reward composition change over time and by region, so check the current terms on Bitget's own rewards page before treating any figure as fixed.
Bitget has required identity verification for all new users since September 2023; accounts without at least Level 1 verification cannot deposit, trade or withdraw. Level 1 asks for a government-issued ID and a facial-recognition check and is generally processed within about an hour. Higher tiers, tied to higher withdrawal limits or specific products, may require additional documentation.
Bitget's terms list a set of prohibited countries whose residents may not use the exchange. The published list includes the United States and its territories, Canada and Singapore, along with a longer list of sanctioned or high-risk jurisdictions, and Bitget reserves the right to expand it. Using a VPN to access the exchange from a restricted country breaches the platform's terms, and accounts found doing so are subject to restriction.
Not by a major tier-1 regulator. Bitget's terms are governed by Hong Kong law and the company registered an entity in Seychelles in 2022. It holds VASP-type registrations in a handful of jurisdictions, including Poland, Lithuania and El Salvador, but these are registrations, not full prudential licenses. As of mid-2026 it had not secured a MiCA license in the EU.
No. Bitget's terms of use explicitly list the United States, including its territories, as a prohibited country. Using a VPN to bypass this restriction breaches Bitget's terms.
Not in the sense of cash you can withdraw. It is a set of task-based rewards, mostly futures trading bonus vouchers, that unlock as you deposit and trade within 7 days of signing up. The top tier requires a 50,000 USDT net deposit and 20,000,000 USDT in futures volume, and most of the reward cannot be withdrawn directly; only profits made while using it, once further conditions are met.
Followers allocate funds to copy an elite trader's futures or spot trades automatically. The elite trader earns a profit share, up to roughly 10 to 20% depending on tier, calculated on a high-water-mark basis. Losses are not shared: if the trade loses money, the follower absorbs the full loss.
Yes. Since September 2023, all new users must complete at least Level 1 verification, a government ID check plus facial verification, before they can deposit, trade or withdraw. Higher tiers exist for higher withdrawal limits or specific products.
BGB is Bitget's native exchange token. It is not required to trade, but paying fees in it gets a 20% discount on spot trading fees plus a separate discount on futures fees, along with Launchpad access and airdrop eligibility.