How to use trading features on Bitget

How to use trading features on Bitget

Table of contents:

Part 1: The Uncensored Guide To Bitget Spot Trading

Part 2: How to Buy Cryptocurrency on Bitget P2P Website

Part 3: How to do Futures trading on Bitget

Part 4: How to do Copy Trading on Bitget

Part 1: The Uncensored Guide To Bitget Spot Trading

A note on Spot Trading

The crypto market has flourished in recent years, paving the way for enthusiastic profit-seekers. For those who are more thrifty, trading cryptocurrencies on centralised exchange (CEX) remains their first and foremost choice. On Bitget, you’ll first be overwhelmed with their product range: there is Bitget Spot Trading where you will own the actual coin yourselves, there is Bitget Futures Trading if you just want to scoop up the profit, Bitget Margin Trading to start with just a small amount of capital, etc.

Two things to remember when you do Spot Trading:

(i) You will be the owner of purchased assets: Upon transaction completion, the asset you want to purchase will be sent directly to your exchange wallet.

(ii) Margin and leverage are not available for Spot Trading: Most exchanges do not offer margin and leverage for Spot Trading, which means you can’t borrow funds to amplify your profits. If you have 1,000 USDT in your Spot account, you can buy, say, Bitcoin only for 1,000 USDT.

The finesse of Bitget Spot Trading

As one of the leading crypto exchanges since 2018, Bitget has attracted more than 2 million loyal users from more than 50 countries around the world. The average daily trading volume of Bitget has reached $9.8 billion, consequently ranking the platform fifth globally. Rest assured that there are over 200 trading pairs available on Bitget Spot Trading, all with a high level of liquidity. For those who are not familiar with the term, high liquidity simply means there are a lot of active sellers and buyers of 200+ pairs listed on Bitget Spot Trading, which will guarantee the best bid/ask spread and make market entry and exit much easier.

There are newly listed tokens almost everyday. That being said, you are offered a wide selection of cryptocurrencies to maximise your profit opportunities. What is more captivating here is every new token comes with its own airdrop event, such as:

– Cube Network (CUBE): $25K in CUBE to be won

– Inu V2 (VOLT): $13K in VOLT for grabs

– Fight Of The Ages (FOTA): 20K USDT prize pool

Moreover, Bitget – as the dominating exchange in the cryptoverse – has been working hard to bring the DeFi experience to users via the launch of Bitget Token (BGB). BGB holders can conveniently enjoy a 20% cut on transaction fees if they choose to pay for their Spot transaction with BGB, while obtaining access to potential projects via Bitget Launchpad. Tokens of projects that complete their crowdfunding activities on Bitget Launchpad will be listed right in Bitget Innovation Zone – the distinctive Spot place for “high risk high return” tokens. That way Spot traders can better diversify their portfolio and undertake new, exciting ventures with minimum risk as we already create the market for such tokens.

There are also exclusive, smart tools available for Bitget Spot Trading to help investors make better decisions and attain their success, including:

• – Limit Order/Trigger Order/Other Conditional Order

  – Bitget Spot Grid Trading: Your personal bot to help you through sideways markets.

  – Other automated trading bot: Bitget has partnered with CryptoHero to provide an automated trading bot for all Bitget users.

Finally, Bitget is proud to be one of the most compliant crypto exchanges from a regulatory standpoint. We are working closely with local authorities to ensure smooth operations while managing to keep the registration process as simple as possible.

How to do Spot Trading with Bitget

Bitget promises to deliver the best crypto experience from A to Z. Here is how you can start trading spot on Bitget, step-by-step:

Step 1: Create a Bitget account. Don’t forget to check out your Rewards Center to collect your $4,163 New User Reward!

New users can choose to register a new account with their phone number or with their email address.

Step 2: Deposit your own asset in the Bitget spot account or buy USDT/USDC/BTC/ETH. They offer two methods for purchasing these coins; Via P2P or fiat.

Send cryptocurrencies from your other wallet to your Bitget Spot account.

Buy cryptocurrencies via our P2P marketplace.

Buy cryptocurrencies with your existing bank account.

Buy cryptocurrencies with your Credit Cards/ApplePay/GooglePay.

Step 3: Once you have the deposit, head to Bitget Spot Trading and check out their cryptocurrencies selection! Their real-time order book will help you to adjust your bid/ask price.

Charting tools are provided by TradingView.

Step 4: Choose your preferred pair and don’t forget to fill in the number for market order and other conditional orders. Once you’re done, click Buy/Sell.

Step 5: To check your assets, go to Asset then Spot.

 

Part 2: How to Buy Cryptocurrency on Bitget P2P Website

You can buy cryptocurrency from the Bitget P2P website in just a few clicks.

Step 1: Log in to your Bitget account and go to [Buy Crypto] – [P2P Trading (0 Fee)].

Before trading on the P2P market, you need to add your preferred payment methods first.

Step 2: P2P zone

Select the crypto you want to buy. You can filter all P2P advertisements using the filters. For example, use 100 USD to buy USDT. Click [Buy] next to the preferred offer.

 Confirm the fiat currency you want to use and the crypto you want to buy. Enter the amount of fiat currency to use, and the system will automatically calculate the amount of crypto you can get. Click [Buy].

Step 3: You will see the seller’s payment details. Please transfer to the seller’s preferred payment method within the time limit. You may use the [Chat] function on the right to contact the seller.

After you have made the transfer, click [paid] and [Confirm].

 Important Note: You need to transfer the payment directly to the seller through a bank transfer or other third-party payment platforms based on the seller’s payment information. If you have already transferred payment to the seller, do not click [Cancel order] unless you have already received a refund from the seller in your payment account. Do not click [Paid] unless you have paid the seller.

Step 4: After the seller confirms your payment, they will release cryptocurrency to you and the transaction is considered completed. You can click [View asset] to view the assets.

If you cannot receive cryptocurrency within 15 minutes after clicking [Confirm], you can click [Submit appeal] to contact Bitget Customer Support agents for assistance.

Please note that you cannot place more than two ongoing orders at the same time. You must complete the existing order before placing a new order.

 

Part 3: How to do Futures trading on Bitget

What is Futures Trading? A futures contract is simply an agreement between two parties to transact a particular asset at a specific future time, at a negotiated price. At its best, it helps traders improve their capital allocation with the introduction of margin and leverage, hedge portfolio risks, and smooth out turbulence.

The key difference between Spot trading and Futures trading is the ownership of assets. Spot traders acquire the actual asset ownership when transactions are completed, but futures contracts can be settled in cash only, i.e. finalized with the transfer of associated cash positions. One thing that also distinguishes spot trading from futures trading is the omission of minimum equity requirements. Some futures contracts may require a lower bound of investment for one single contract.

For the Futures trading products on Bitget, they strive for an inclusive product design so that every user can find their own solution: Bitget USDT-Ⓜ Futures, Bitget USDC-Ⓜ Futures for cautious traders, Bitget Coin-Ⓜ Futures for crypto-geeks.

 

Part 4: How to do Copy Trading on Bitget

What is Copy Trading? Copy trading refers to the trading that investors follow other investors (commonly known as professional traders/ experts) to have the same positions in the futures market as the experts they are copying.

New to copy trading? Here, we have compiled some handbooks to clear up some beginner’s confusion about the easy-to-jump-on-board Bitget One-Click Copy Trade: 

Above are the basic instructions for you to start trading on Bitget. If you do not have an account, you can click here to create! Good luck to your investment!