Cryptocurrency exchanges have seen immense growth in recent years, with KuCoin and Bitget standing out as two of the most popular platforms. As the fourth largest exchange in the world, KuCoin is a trusted and reliable platform for trading digital assets, while Bitget has long been established as one of the leading exchanges in the space. With both exchanges offering different advantages, it can be difficult to decide which one is the best option for you.
In this head-to-head comparison series, we will break down the key differences between KuCoin and Bitget, comparing their unique strengths and weaknesses, as well as looking at the services each exchange offers and their respective market positions. Ultimately, this should help you to make an informed decision about which exchange is right for your investment needs. So let’s get started!
Table of Contents
ToggleBitget vs Kucoin Overview
| KuCoin | Bitget | |
| Headquarters | Seychelles | Singapore |
| Year of Establishment | 2017 | 2018 |
| Spot Cryptocurrencies Listed | 700+ | 250+ |
| Native Token | KCS | BGB |
| Maker/Taker Fees | Lowest: 0.005%/0.025% Highest: 0.1%/0.1% | Lowest: 0.08%/0.08% Highest: 0.1%/0.1% |
| Fiat Currency Supported | With over 50 fiat currencies supported, users can quickly and easily purchase cryptocurrencies with their preferred currency from trusted third-party partnersUnfortunately, fiat withdrawals are not supported. | Cryptocurrency can be purchased with over 45 different fiat currencies, making it easy and accessible to millions of users around the world. Depositing and withdrawing funds in GBP, EUR, and BRL are made simple through integrated partners that allow bank transfers from any institution |
| Deposit/Withdraw Methods: | Deposit – Buying crypto has become easier than ever with a variety of payment methods now accepted, including bank transfers, credit/debit cards, Apple Pay and more. Crypto deposits are also available to make buying your desired coins even simpler. Withdrawal – Crypto only | Deposit – For those comfortable with traditional banking, many exchanges now accept direct bank transfers or debit/credit card payments. Also, platforms like Apple Pay and Google Pay can also be used to purchase cryptocurrencies. Withdrawal – GBP, EUR, BRL, and Crypto |
Main Products Offered
Bitget and KuCoin are two of the most popular cryptocurrency trading platforms available. Both offer users a comprehensive suite of trading tools, allowing them to make informed decisions about their investments.
Bitget has an advanced trading screen that is equipped with technical analysis and charting tools, as well as spot, derivatives and margin trading. Additionally, users benefit from fee-free fiat deposits in GBP, EUR and BRL as well as fiat withdrawals, making it an ideal platform for traders looking to make quick profits. KuCoin meanwhile offers futures trading with up to 100x leverage and an advanced Earn platform, alongside access to a range of tradable instruments. Furthermore, they provide users with competitions and contests to help improve their technical analysis skills.
In terms of security, SSL Labs rated Bitget 12 A+. It established strong partnerships with security firms. KuCoin also ensures the safety of its users by implementing strict guidelines such as 2FA authentication, withdrawal limits, and identification documents.
When it comes to crypto trading, Bitget and KuCoin both provide features that traders can take advantage of to maximize their profits. It is important that users assess which one fits their needs the best before committing. Ultimately, both are excellent options for anyone looking to make money through the cryptocurrency market.
User Friendliness
KuCoin and Bitget are two of the top crypto trading platforms that offer a comprehensive selection of products, features and settings to cater to both experienced and beginner traders. The trading interfaces for KuCoin and Bitget are very similar, incorporating TradingView for charting which provides an extensive library of charts and order types to suit sophisticated traders. Both platforms have a great UI/UX, and their effective matching and trading engines enable quick and efficient order executions.
Moreover, with liquidity not being an issue for large trades on either platform due to their top-tier derivatives trading volume, users can rest assured knowing they can make successful investments. Additionally, both exchanges provide useful self-help sections to assist with any navigation or query issues.
All in all, these two platforms are ideal for experienced traders who need access to a range of trading products and for beginners who may find KuCoin’s comprehensive platform daunting. In either case, with the quality UI/UX and high-performing matching and trading engines, anyone can make successful trades on both exchanges.
Fees
Both Bitget and KuCoin have emerged as competitive options for cryptocurrency traders due to their low, competitive fees. On Spot trades, Bitget operates with a fixed 0.1% fee for both makers and takers, while Futures trading is charged at 0.02% maker/0.06% taker. While most exchanges typically use a tiered fee structure based on 30-day trading volumes, both Bitget and KuCoin now offer fee-free trading on select pairs. However, the recent introduction of bank deposits and wire transfers with very little (or no) fees at Bitget has put them ahead of KuCoin in terms of purchase options for crypto.
This is great news for those looking to buy cryptocurrency at the most affordable price. Both platforms also offer $0-fee purchase and deposit methods, so be sure to check them out when searching for the best deal. Ultimately, choosing between the two is a matter of weighing all available features in order to find the one that suits your trading needs best. Whether you go for Bitget or KuCoin, both exchanges provide great value for your money.
Security
KuCoin and Bitget prioritize security as a high priority. KuCoin ensures their crypto assets are kept in cold storage, secured by Onchain Custodian. This storage process is highly secure and is monitored continuously to provide protection against any potential attackers. Furthermore, KuCoin has implemented multiple layers of encryption to protect user accounts from unauthorized access.
KuCoin
KuCoin is renowned for its dedication to protecting customer funds, offering an impressive protection fund that covers any losses resulting from hacks. This was put to the test in 2020 when the exchange experienced one of the most significant security breaches in history, with hackers absconding with over $275 million worth of users’ funds. However, due to the protection fund, all affected customers were fully reimbursed.
Furthermore, KuCoin employs a range of robust security measures to ensure the safety of users, such as two-factor authentication for login, anti-phishing safety phrases, trading passwords and phone verification. Moreover, the exchange monitors system activity and sends notifications when suspicious activity is detected while also allowing users to whitelist IP addresses. All this creates a secure environment for users to make their trades.
Bitget
Bitget is a leading name in providing reliable security solutions, taking customer protection to the next level. With their 12 A+ SSL Labs rating and strategic partnerships with top-tier tech firms like Qingsong, Armors, HEAP and Suntwin – customers enjoy comprehensive surveillance from end-to-end. CER has ranked Bitget as a top 10 exchange in terms of security in 2020 based on its Cybersecurity Score (CSS), although it has since dropped out of the rankings and holds a BBB score with a 3/3 star rating. On top of this, Bitget offers additional security features such as Two-factor Authentication (2FA) for login, withdrawals and account modifications, as well as the option to whitelist IP addresses.
While Bitget’s back-end security is up to par, there is still room for improvement when it comes to user-facing features such as IP whitelisting, time locks, vault features or even anti-phishing codes. These added security measures would provide customers with complete control and peace of mind when using the exchange. As such, Bitget has set a strong standard for cyber security in the crypto industry, though there is still potential to further increase user-facing security protocols.
KuCoin Review
KuCoin is one of the most established cryptocurrency exchanges available, providing trading services to serious traders since 2011. With its launch in 2017, the platform was designed with a commitment to offer high-quality and reputable trading experience. KuCoin stands out from other exchanges by offering a wide range of altcoins and supporting rare coins before they are listed on other exchanges.
It is suitable for both experienced and beginner traders, with low fees, institutional-grade security, and other services not easily found elsewhere. Furthermore, KYC verification is not necessary to start trading on KuCoin. This makes it a desirable platform for those who want to stay anonymous. With its competitive trading promotions, giveaways, and Vegas-like atmosphere, KuCoin has become a favorite among traders.
Fiat and Cryptocurrencies Supported
KuCoin has become an acclaimed exchange in the crypto community due to its extensive support for 50 different fiat currencies across the globe. This allows traders from all around the world to take part in crypto trading activities with peace of mind and security. On top of this, KuCoin also provides access to more than 750 crypto assets, making it a preferred choice for those who want to get their hands on some rare altcoins.
Furthermore, KuCoin offers a dedicated page to its users in the support section that contains all the available fiat currencies and crypto assets, along with Futures markets. This makes it easier for traders to make the most out of their digital asset trading experience. In short, thanks to its global-friendly fiat support and wide range of crypto assets, KuCoin is a reliable choice for those looking to maximize their trading potential.
Key Products
KuCoin is a premier crypto exchange that offers a comprehensive range of services and features, designed to meet the needs of traders of all levels. From basic spot trading to margin and futures trading for more advanced investors, KuCoin has it all. Not only does it offer an impressive selection of digital assets, but also advanced tools such as stop-limit orders, portfolio building and API access. On top of this, the platform has put in place stringent safety standards to ensure user funds remain safe at all times. To learn more about how KuCoin can be used to your advantage, take a look at our comprehensive review.
Trading Platform
KuCoin is a powerful trading platform for all kinds of users, from novice traders to experienced professionals. It offers spot markets with up to 10x leverage as well as derivatives markets with up to 100x leverage. This makes it ideal for users who want more control over their investments and the potential to maximize returns. The platform also has an intuitive design and a high-performance matching engine that ensures fast, accurate transactions. Its “Convert” feature makes it easy to switch one asset for another in just one click.
Additionally, TradingView is available on KuCoin, making it the perfect platform for technical traders. If you’re looking to take control of your investments, KuCoin is the perfect place to start. With Guy’s beginner’s guide, you can quickly and easily get up to speed on how to use the platform like a pro. Start trading on KuCoin today!
Futures Brawl
Futures Brawl has been a major hit since its launch in August 2020, offering an unprecedented opportunity for players to win luxurious prizes. Users can bet USDT tokens on whether the Bitcoin price will go up or down, and those who succeed can take home the grand prize of an iPhone or even a full Bitcoin. Moreover, there is also the Wheel of Fortune, which players can spin to gain extra points every day. Futures Brawl is an exciting and rewarding experience, quickly becoming the most popular promotion on the platform.
P2P Fiat Trading
KuCoin is a popular digital asset platform that enables users to safely and securely purchase and trade leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC) and KuCoin Shares (KCS). By utilizing this service, users can conveniently transact with one another using either ACH or PayPal without any hassle. With KuCoin, users can enjoy a safe and secure trading experience with access to some of the most popular digital assets.
KuCoin Earn
KuCoin’s Earn section allows users to capitalize on their crypto holdings and earn passive income without having to invest too much effort. There are a range of options available, from safe but low return staking products, to high risk but potentially higher return investments such as the Spotlight Launch Platform, KuCoin Win and KuCoin Pool. Additionally, users can leverage their crypto assets to other traders through Pool-X, and earn extra APY over periods of 7, 14, or 28 days. With KuCoin’s Earn section, earning passive income is easy, efficient and risk-adjusted. All these provide more options for traders to maximize their returns on investments in the cryptocurrency markets.
Spotlight
KuCoin’s Spotlight launchpad is a great platform for investors looking to capitalize on the potential of early-stage projects in the crypto world. By staking KCS tokens with the exchange, users can receive discounts on tokens that may not otherwise be accessible. This initiative rivals similar platforms offered by some of the leading exchanges in the industry, such as Binance and Bybit.
However, it is important to remember that investing in projects at an early stage carries a certain amount of risk. Therefore, prior to making any decisions, investors should do their due diligence and assess the project’s roadmap, feasibility, and team before deciding whether or not it is a viable investment opportunity. Fortunately, KuCoin’s Spotlight platform can help investors make informed decisions and increase their chances of success in crypto investments.
KuCoin NFTs
KuCoin is revolutionizing the way we access, trade, and exchange Non-Fungible Tokens (NFTs). Through its Windvane platform, users can purchase and trade exclusive NFTs, with additional features such as airdrops and whitelisted launches of new NFTs. KuCoin also provides investors with the opportunity to collect commission income and dividends from their NFTs, as well as access KuCoin’s Wonderland launchpad for early previews of upcoming NFTs.
For those seeking a more cost-effective option, fractionalized NFTs are available for investors. In short, KuCoin is the perfect platform for both experienced NFT collectors and new investors alike, providing a comprehensive and user-friendly experience.
Leveraged Tokens
Leveraged tokens are gaining increasing popularity among cryptocurrency traders as a way to make higher returns without incurring the risks of liquidation or other complexities involved in margin trading. KuCoin is one of the most prominent crypto exchanges to offer this type of asset, providing users with access to 3x leveraged versions of coins such as Bitcoin, Ethereum, Cardano, and VeChain on the spot market. By investing in leveraged tokens through KuCoin, traders can take advantage of a great way to diversify their portfolio and maximize earnings from the crypto space.
KuCoin Win
KuCoin Win is an innovative platform offering crypto traders and enthusiasts a unique opportunity to gain access to the lucrative initial token distributions. It’s like Las Vegas of the digital age – a thrilling place filled with exciting activities such as LuckyRaffling, trading contests and token listings. Through LuckyRaffling, traders can exchange their cryptos for codes with the possibility of winning fantastic prizes. The trading contests, meanwhile, offer another avenue to get hold of those much sought-after initial token distributions. Join KuCoin Win and explore a world of possibilities!
Trading Bots
KuCoin offers its users access to a wide range of automated trading bots. These bots are highly sophisticated and come in an array of options that make it easy for experienced traders to create or copy pre-existing ones without needing any coding skills. With these bots, traders can gain an invaluable edge in the markets, allowing them to recognize the right market conditions and utilize their bots accordingly. This makes KuCoin’s automated trading bots a powerful tool for traders with prior trading experience. As such, these bots can provide an indispensable assistant in the cryptocurrency trading journey.
Bitget Review
Since its establishment in 2018, Bitget has become one of the most trusted and reputable cryptocurrency exchanges amongst spot and derivatives traders alike. It offers over 250 tradable pairs, coupled with additional features such as Earn, Copy Trading, and Strategic trading. In a world-wide effort, this exchange offers an impressive variety of 42 distinct fiat currencies for customers located everywhere. Cryptocurrency purchases are made possible through the use of third parties and those using GBP, EUR or BRL can deposit funds without incurring any sort of fee!
Bitget has seen an impressive growth in its user base of over 2 million people since its launch. Despite the brutal bear market of 2022, Bitget managed to remain on the radar with a trading volume that dropped to as low as $365 million, placing them at the 64th spot. However, after the collapse of FTX and traders searching for safer options, Bitget experienced a meteoric recovery and is now sitting comfortably at the 12th spot for spot trading and 5th position for derivatives trading in terms of trading volume. All things considered, it is clear that Bitget is one of the leading cryptocurrency exchanges in the market today.
Cryptocurrencies Supported
Bitget is an increasingly popular cryptocurrency trading platform with a vast selection of more than 250 assets. Available on the spot and derivatives market, its range of offerings includes major players such as Bitcoin and Ethereum, as well as an array of lesser-known tokens that make up its impressive portfolio. The comprehensive list of digital currencies available on Bitget’s Market page is updated regularly.
Key Products
At Bitget, our review provides a detailed look at each of the products they offer, so you can make an educated decision among all the available choices. You’ll gain insight into the core features and capabilities of each product and also be able to compare the pros and cons between them. With this comprehensive overview, you’re sure to find one that suits your requirements perfectly.
Trading Platform
Bitget is widely known for its comprehensive and top-notch trading platform, offering advanced features such as the powerful TradingView charting suite and a robust matching engine. The platform allows traders to benefit from a diverse range of order types, including Limit, Market, Trailing Stop and Trigger orders. Furthermore, traders are provided with three distinct position modes, namely Cross, Isolated and Simulated. A major downside is the lack of margin trading on spot markets.
For more experienced traders, Bitget also provides USDT-M Demo, USDT-M Futures, Coin-M Futures Demo, Coin-M Futures, USDC Futures and Simulated USDC Futures. These futures markets provide traders the opportunity to speculate on the future prices of digital assets and guard their portfolios from potential risks.
Moreover, Bitget’s user-friendly mobile app is highly rated and allows users to monitor their trades on the go. All in all, Bitget provides a secure trading platform with great features for both beginner and advanced traders, making it a popular choice.
Bitget Earn
Bitget is one of the most prominent cryptocurrency exchanges out there, offering users the chance to make passive income. However, it lags behind its competitors when it comes to its selection of Earn products. This is a widespread problem among regulated exchanges – Coinbase faced legal action from the SEC when they attempted to launch such products, while Kraken similarly has limited options for users when it comes to earning money.
Thankfully, Bitget does have one saving grace – its ‘Bitget Savings’ product. It allows individuals to deposit cryptocurrency and make interest on their holdings without having to lock up their funds. The Annual Percentage Yield (APY) is quite competitive, ranging from 1% for BTC up to 5.6% for DOT, albeit with only five assets available for savings. All in all, Bitget’s Earn feature may leave a lot to be desired but its Savings product does make up for this.
Copy Trading
Bitget Copy Trading is revolutionizing the way traders navigate the crypto markets. With over 20,000 users already signed up, it’s easy to see why Bitget has become so popular. Traders benefit from multiple features, such as being able to access information on P&L, number of followers, ROI and AUM of the traders available to be copied. This unparalleled transparency provides traders with the opportunity to diversify or substitute their own trades, thus creating a safe and profitable environment for both experienced and novice crypto investors alike.
Copy trading on Bitget is an easy way to access strategies from some of the most successful traders in the market, helping new users learn how to make the most of their investments. By combining a user-friendly platform with cutting-edge transparency, Bitget Copy Trading is quickly becoming one of the best crypto copy trading tools around. Whether you’re looking to become a passive trader or just want to try your hand at something new, Bitget is there to help you get ahead.
Launchpad
Bitget Launchpad offers users the opportunity to invest in upcoming crypto projects before they become available to the public. Bitget employs a rigorous selection process, choosing only the most promising projects, which allows investors to get in early and benefit from their potential growth. However, when compared to more established launchpads such as Binance and KuCoin, or the decentralised launchpads like TrustSwap, the selection of projects may not be as wide or of a high quality. Despite this, Bitget Launchpad remains a great way to gain early access to upcoming crypto projects and potentially capitalize on their growth.
Quanto Swap Contracts
Bitget’s Quanto Swap Contracts are a revolutionary feature that enables traders to use various cryptocurrencies as collateral for margin trading. This product gives traders the opportunity to benefit from increased value of their holdings without incurring exchange fees, making it a cost-effective way to maximize profits. With this product, traders can easily take advantage of market fluctuations and maximize their potential profits without complex technical analysis.
Quanto Swap Contracts also provide a secure platform for trading, giving traders peace of mind that their investments are safe and sound. Ultimately, Bitget’s Quanto Swap Contracts provide an efficient way to maximize returns on crypto trading investments.
Strategic Trading
Bitget Strategic Trading is an advanced automated trading system for traders of all levels. The strategy deploys a grid pattern to systematically open and close trades at specific price levels and beyond, without the need for manual monitoring or adjustments. This ensures that traders can take advantage of fluctuations in the market without having to continuously monitor their positions. It also allows traders to effectively diversify their risk across multiple markets and instruments. With Bitget’s Strategic Trading product, users can automate their trading activities and make the most out of their investments.
Conclusion
KuCoin and Bitget are both top-notch crypto exchanges, offering users a wide range of features and products. Although both platforms feature excellent trading execution, some key differences in their offerings mean that user choice will ultimately come down to individual preference.
For those looking for variety, KuCoin is the preferred pick – it has a wider range of products, including crypto trading bots, NFTs, launchpad investing and rare altcoin options. Meanwhile, Bitget is the better option for those seeking a regulated platform with KYC-free trading and copy trading services. Additionally, users may find the sleek interface and superior UX/UI of Bitget more attractive if they are just starting out or prefer a modern look.
Overall, either exchange offers a great service and it is up to the individual user to decide which is right for them.
FAQs
Is Bitget a Good Exchange?
Bitget is widely acknowledged as one of the premier exchanges in the crypto space, earning a sterling reputation for its robust security protocols, regulatory compliance and user-friendly interface. It allows traders to take advantage of its industry-leading trading tools without the need to submit any Know Your Customer (KYC) information.
With a comprehensive range of digital assets and a secure platform for trading, Bitget offers traders the opportunity to turn their crypto investments into profits. Whether you are an experienced trader or just starting out, Bitget is sure to meet your needs with its reliable and trusted service. It has earned the praise of both its users and the industry as a whole, making it an excellent choice for anyone looking to trade cryptocurrencies.
Does KuCoin charge high fees?
KuCoin offers some of the industry’s most competitive trading fees for its users. Making use of their native KCS token allows traders to reduce their exchange fees by up to 20%, significantly lower than other major exchanges. Not only that, but KuCoin provides a wide array of features and services to enhance user experience. These services range from free deposits and withdrawals to a 24/7 customer service live chat. Whether you’re a seasoned trader or just getting started, KuCoin is definitely worth considering.
Is Bitget Safe?
Bitget is a trusted and reliable cryptocurrency exchange, with a secure track record and a comprehensive licensed and regulatory framework. This ensures that the funds of users are kept safe in an environment compliant with stringent security standards. Furthermore, the exchange publishes proof of their reserves to back up these claims and verify their financial position, providing further assurance to users.
Is KuCoin Safe?
KuCoin is one of the most secure and safest crypto exchanges available, particularly for those looking to make transactions offshore. It has implemented several security measures and procedures to ensure users are protected from any risk, such as keeping the majority of funds in cold storage and reserving a portion of funds to reimburse customers should an unfortunate incident involving a hack occur.
All in all, KuCoin is as safe as can be expected from an unregulated exchange and has earned its stripes as one of the most utilized exchanges on the market. With their commitment to security and reliability, users are confident that their funds are secure when trading with KuCoin.
