Bitget Fee 50% Discount Referral Code

 

Bitget Exchange is a 5th year cryptocurrency exchange established in Singapore. It is a unicorn company that is ranked in the top 10 trading volume as of 2021 and has recently surpassed 1 trillion won in corporate value. As a result, the current promotion is offering a 50% fee discount to new users!

As a result of research by Coinpick, it can be seen that all developed services are focused on novice users. As a result of long-term research by Coinpick, it was found that it is a reliable coin exchange, with over 1 million users and evenly distributed branches around the world.

 

 

Features of Bitget Coin Exchange!

1. Upgraded coin futures product!

Numerous cryptocurrency futures exchanges are offering perpetual futures based on USDT and inverse futures trading with coins as collateral. Futures with this structure are benchmarked by BitMEX, the original futures exchange. BitGet Exchange has developed a product called USDT integrated wallet and Quanto Swap by upgrading it one step further.

 

USDT Unified Wallet

 

The integrated wallet is designed to omit the exchange process and make futures trading simpler. Although the product was named 'integrated wallet', it is easy to understand that it is actually an upgraded USDT perpetual gift!

QuantoSwap

 

Quanto Swap is a futures product developed so that you can trade with a coin other than the one you want to trade with as collateral. For example, you can trade a BTC/USD inverse contract with Ethereum as collateral, and all profits and losses will be returned to the resulting collateralized Ethereum!

 

2. Copy-Trading

Copy trading is a system created by experienced traders so that their followers can follow up as they trade. This is also called social-trading or mirror-trading, and you can conveniently make money in exchange for paying a portion of the profit to verified traders through the exchange API connection. However, be aware that you may also have losses!

 

비트겟 거래소는 다른 거래소와 달리 카피트레이딩(copy trading)이라는 분야를 거래소와 통합하여 수많은 초보자들을 위해서 시행착오를 줄여 주고 있니습다. 올해 상반기에는 유저의 성향과 선호도에 맞게 매칭을 해주는 알고리즘을 출시한다고 하니 정말 기대가 됩니다! 

 

3. Accessibility to simulated investment

Binance, BitMEX, and ByBit exchanges have created separate testnets for users to test. However, BitGet Exchange has created an item called “Mock Investment” on the main page, so that it is easy for beginners to make a mock investment.

 

 

4. A huge funding fee given!

The funding fee is a device that adjusts the price gap between cryptocurrency futures and spot prices. Those who hold positions at 00:00/08:00/16:00 Korean time pay or receive the funding fee. In most cases, traders with long positions pay out traders with short positions.

 

So, if you hold 50% of Bitcoin spot and short 50% of futures by 1x, you can maintain a market neutral position, but receive a funding fee every 8 hours. This strategy is widely known as eating 1x short funding, and you can see that Bybit and Binance exchanges pay about 0.01%, while BitGet exchanges pay 0.02%~0.05% each.

 

5. Low Fee & Exchange Risk Hedging!

It means potential financial damage if the cryptocurrency exchange you are using is hacked or the server breaks. And if you manage your precious funds to different exchanges with different strategies, you can enjoy the effects of diversification of exchange risks and strategies at the same time.

 

Also, even with the same strategy, it has the advantage of being able to manage more funds if it is distributed across multiple exchanges. The main reason is that even if you trade the same coin on each exchange, you trade items with different quotes from other market participants.

 

In terms of fees, BitGet is offering the lowest market price of 0.03% on the futures exchange and 0.02% of the limit (if you sign up with the link we received and apply a 50% discount).

 

In particular, those who trade using market prices can benefit greatly from BitGet. Even if the difference of 0.01% is tens or hundreds of transactions, it can be said that it is more beneficial to reduce the fee as a result! 

Taking all the factors mentioned above into account, I have no doubt that you will benefit from a 50% discount on fees on BitGet Exchange and take full advantage of each service to help you on your investment journey! If you have any additional questions, please feel free to leave a comment! Thank you~!