Key Information
Overview
Binance
- Launch Year: 2017
- Cryptocurrencies: 350+
- Fiat Currencies Supported: Multiple
- Trading Volume: Very high (top global exchange, ~$21.6 billion daily volume)
Bitget
- Launch Year: 2018
- Cryptocurrencies: 400+
- Fiat Currencies Supported: Multiple
- Trading Volume: High (consistently ranks among top exchanges for spot and derivatives trading)
Fees and Costs
Fee Structure
Binance
- Maker Fee: 0.1% (standard)
- Taker Fee: 0.1% (standard)
- Discounts available for using BNB (Binance Coin) to pay fees.
Bitget
- Maker Fee: 0.02% (spot trading)
- Taker Fee: 0.06% (spot trading)
- Lower fees for high-volume traders.
Security and Protection
| Feature | Binance | Bitget |
|---|---|---|
| 2FA | Yes (SMS, Google Authenticator) | Yes (SMS, Google Authenticator) |
| Cold Storage | 98% of funds stored offline | 95% of funds stored offline |
| Insurance Fund | SAFU Fund (emergency reserve) | Bitget Protection Fund |
Trading Features
Margin Trading
- Binance: Up to 10x leverage for spot trading; 125x for futures.
- Bitget: Up to 125x leverage for futures contracts.
Derivatives
- Binance: Extensive futures, options, and leveraged tokens.
- Bitget: Comprehensive futures, perpetual swaps, and options.
Staking/Lending
- Binance: Binance Earn offers flexible/fixed savings and staking for 100+ coins.
- Bitget: Competitive APY rates for staking and lending.
Advanced Services
DeFi & NFTs
- Binance: Supports DeFi staking/yield farming via Binance Earn; operates BNB Chain.
- Bitget: Growing NFT marketplace and moderate DeFi integration.
Listing Policy
- Binance: Broad token selection (350+) with rigorous vetting.
- Bitget: Balanced approach for established and emerging projects.
Customer Support
Binance
- Support: Chatbot, email tickets (response time: 24–72 hours).
- User Experience: Lite mode for beginners; advanced tools for pros.
Bitget
- Support: 24/7 live chat, email, and multilingual support.
- User Experience: Intuitive interface with mobile app.
Payment Methods
👉 Compare crypto exchanges for the best rates
| Method | Binance | Bitget |
|---|---|---|
| Bank Transfer | Yes (SEPA) | Yes |
| Credit/Debit | Yes | Yes |
| P2P Trading | Yes | Yes |
| Apple/Google Pay | Yes | Yes |
User Recommendations
For Beginners
- Binance: Lite mode simplifies trading.
- Bitget: Clean interface with guided features.
For Advanced Traders
- Binance: High leverage (125x) and diverse derivatives.
- Bitget: Competitive futures trading with low fees.
For Institutional Investors
- Binance: OTC trading, custody, and API solutions.
- Bitget: Dedicated institutional accounts and OTC desk.
FAQs
1. Which exchange has lower fees?
Bitget generally offers lower spot trading fees (0.02% maker vs. Binance’s 0.1%).
2. Is Binance safer than Bitget?
Both prioritize security, but Binance’s SAFU Fund provides additional insurance.
3. Can I trade NFTs on Bitget?
Yes, Bitget has an integrated NFT marketplace.
4. Which platform is better for DeFi?
👉 Explore DeFi opportunities here
Binance offers more DeFi integrations via BNB Chain.
5. Do both support fiat deposits?
Yes, via bank transfer, cards, and P2P.