Our analysis of Bitget vs KuCoin provides a comprehensive review of the similarities and differences between the two crypto trading platforms. KuCoin is ranked 7th among the major cryptocurrency exchanges, while Bitget is ranked 11th, based on the CMC score. This indicates that both exchanges are highly rated regarding consumer volume, security, and liquidity. In order to support you in selecting the exchange that suits you best, we’ll examine each of their pros and cons in this detailed guide.
Key Takeaways:
- Bitget and KuCoin are among the best crypto exchanges that offer a range of trading features, including futures trading, crypto staking, margin trading, and using crypto trading bots.
- Bitget stands out from KuCoin due to its advanced copy trading platform with 130,000+ elite traders and lower trading fees for high-volume traders.
- KuCoin is better due to its advanced derivatives market including leverage tokens and a more established user base compared to Bitget.
Bitget vs KuCoin: Overview
| Features | Bitget | KuCoin |
| Launched Date | 2018 | 2017 |
| Best For | Copy Trading | Derivatives Trading |
| Supported Cryptos | 750+ | 700+ |
| Spot Trading | Yes | Yes |
| Trading Fees | 0.1% maker/taker for spot trading0.02% maker and 0.06% taker for futures | 0.1% maker/taker for spot trading0.02% maker and 0.06% taker for futures |
| Derivatives Market | USDT-M and USDC-M perpetual futures, margin trading | USD-M and Coin-M perpetual futures, margin, leveraged tokens |
| Futures Contracts | 200+ | 300+ |
| P2P Trading | Yes | Yes |
| Earn Services | Savings, BGB staking, crypto loans, shark fin, dual investment | KCS staking, fixed and flexible savings, snowball, crypto lending |
| Trading Bots | Grid, martingale, CTA, quant, signal bot | Grid, smart rebalance, martingale, DCA |
| Launchpad (new projects) | Yes | Yes (Spotlight) |
| Security | 2FA, PoR data, address whitelisting, anti-phishing code, SSL/TLS, user protection fund | PoR data, cold storage, 2FA, insurance fund, address whitelist, fund password |
| Licenses | Poland | – |
| Mobile App | Android and iOS | Android and iOS |
What is Bitget?
Bitget is a popular crypto exchange to trade digital assets like BTC, ETH, SOL, DOGE, and 750+ more. Designed for accessibility, it is best for both beginners and experienced traders. The exchange has a substantial user base of over 25 million, with daily trading volumes surpassing 1.3 billion USD. The exchange is also the official partner of the football legend “Lionel Messi”.
Beyond traditional crypto spot trading, Bitget is also known for its copy trading features. This allows you as a beginner to mimic the trades of other elite traders. It claims to have over 130,000 elite traders. Furthermore, Bitget allows for cryptocurrency futures trading and margin trading.
Bitget garners recognition for its strategic trading tools as well. The “Launchpad” feature grants you early access to promising new cryptocurrency projects. Additionally, Bitget offers a “Savings and Earn program”, enabling you to generate passive income by storing your PoS cryptocurrencies on the platform.
The platform also features its own native token, the Bitget Token (BGB). Holding BGB entitles you to reduced trading fees and the potential to acquire additional rewards within the Bitget ecosystem. It is also highly secure and offers a mobile app for on-the-go trading.
What is KuCoin?
KuCoin is another global cryptocurrency exchange that lets you buy, sell, and trade different crypto assets. Crypto traders from over 200 countries use the exchange, and it has more than 30 million users globally. KuCoin headquarters is located in Seychelles. The exchange supports trading for over 700 coins and has over 1.93 billion daily trading volume, which means high liquidity.
KuCoin has a lot of tools to help you trade better, like a trading bot that can make trades for you and leveraged tokens that can increase your possible profits. The exchange has a transparent PoR, which stands for Proof of Reserves. This shows that KuCoin is 100% solvent with 1:1-backed funds.
It also focuses a lot on security. The platform uses strong encryption to keep your assets safe, and they have a dedicated security team that works all the time to protect your account from hackers. They also have customer service available 24/7 to help with any questions.
You can start trading on KuCoin with just a $5 minimum deposit on most payment methods, which makes it easy for anyone to begin. The exchange also supports many different fiat currencies, so you can trade with USD or EUR. It also has a mobile app and a website, so you can trade from anywhere at any time.
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Bitget vs KuCoin: Pros & Cons
Bitget Pros
- 750+ spot trading pairs, including popular coins and emerging tokens
- High leverage options on futures contracts, reaching up to 125x
- By holding BGB, you can receive a 20% discount on spot trading fees
- A Web3 Bitget wallet directly into the exchange platform for easy interaction with dApps
- A Bitget protection fund of over $400 million to cover security breaches
Bitget Cons
- Limited fiat-off-ramp options may be daunting for beginners
- Not available in major crypto countries like Canada, the United States, and Singapore
KuCoin Pros
- Wide range of supported digital assets including manu altcoins and new projects
- Competitive trading fees of 0.1% maker/taker with extra discounts for KCS holders or high-volume traders
- variety of staking options including flexible and locked staking plans with varying APYs
- It offers features like trading bots, futures markets, and a customizable trading interface for experienced users
- User-friendly interface for beginners
KuCoin Cons
- It does not support direct fiat-to-bank withdrawals
- Lack of copy trading feature compared to many exchanges like Bitget and Bybit
Related: Compare Bybit vs Kucoin: Exchange Leverage, Fees, Pros & Cons
Bitget vs KuCoin: Trading Features Compared
Bitget Copy Trading
Bitget has a well-established copy trading portal, while KuCoin does not offer this service.
Bitget’s copy trading platform has more than 130,000 elite traders and over 650,000 followers. The platform has seen over $430,000,000 in realized profits, which shows the success of its trading strategies. Elite traders on Bitget have earned more than $20,000,000 in total profits. This suggests that many crypto traders trust and use Bitget’s copy trading services.
The platform offers three types of copy trading: Futures, Spot, and Bot.
- Futures Copy Trading allows you to follow an elite trader’s guidance in the futures market. Here, you are trading with leverage. So, you must choose your master trader with good risk control.
- Spot Copy Trading lets you copy the trades of skilled traders in the spot market. You can choose traders based on their win rate, AUM, ROI, followers PnL, and number of total copiers.
- Bot Copy Trading gives you the option to either subscribe to a strategist’s trades or buy a trading bot. This can be a good choice if you want to make profits without worrying about market changes.
Bitget doesn’t just connect you with traders. Their “Insights” section gives you access to updates and market analysis from these experts, helping you become a more informed investor.
If you are an elite trader on Bitget, you can earn up to 20% in profit share. This means you get a part of the profits from the trades copied by your followers. You can also get daily bonuses and have the chance to receive more rewards. If you do well, you can become a Star Trader, which is a special status on Bitget.
On the other hand, KuCoin does not offer copy trading features. It only offers automated trading bots.
Winner: Bitget is a clear winner with a large pool of copy traders, whereas KuCoin does not have a copy trading feature.
Futures and Leverage Trading
When it comes to crypto futures trading platforms, both Bitget and KuCoin are notable contenders. Instead of traditional futures, both platforms offer perpetual futures contracts. This means the contract doesn’t have a set end date. You can hold your position for as long as you want without worrying about it being automatically closed on a specific date.
Bitget and KuCoin both have three different kinds of futures: USDT-M, USDC-M, and Coin-M futures
- USDT-M and USDC-M are types of futures contracts where the margin and settlement currency is a stablecoin, like Tether (USDT) or USD Coin (USDC). This offers more predictability compared to using a volatile cryptocurrency.
- Coin-M futures contracts, however, are different. They are settled in the underlying cryptocurrency itself, like Bitcoin (BTC) or Ethereum (ETH). This means the value of your contract and any profits or losses will fluctuate based on the price movements of the specific cryptocurrency. So, Coin-M futures contracts can be more volatile but also potentially more rewarding for experienced traders.
The maximum leverage available on Bitget’s perpetual futures contracts is a whopping 125x. KuCoin also has a maximum leverage of 125x for BTC only. For Ethereum, the highest leverage is 100x and other altcoins have a maximum of 75x leverage.
The minimum order value on Bitget’s perpetual futures contracts is just 5 USDT. This low minimum allows traders to start small and get comfortable with futures trading before committing larger amounts of capital.
KuCoin and Bitget also offer two different margin modes for futures: Isolated-margin and Cross-margin.
- Cross-margin mode means you use all your funds in the futures account to keep a trade open. This means you can lose your entire portfolio balance during liquidation.
- Isolated mode means you only use a part of your money for the trade. If the trade goes bad, you only liquidate that part.
Both Bitget and KuCoin also offer demo trading or paper trading on their futures market.
One key difference between the two platforms is that KuCoin offers an additional feature in the derivatives market called “Leveraged Tokens”.
Leveraged tokens are a type of investment product that allows traders to gain amplified exposure to the price movements of an underlying asset without having to manage their own leverage. For example, a 3x long leveraged token like BTC3L/USDT would aim to deliver three times the returns of Bitcoin itself.
Winner: Both Bitget and KuCoin have an extensive derivatives market with the same 125x maximum leverage, but KuCoin shines due to its additional “Leveraged Tokens” feature.
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Earn Products
Both Bitget and KuCoin offer “Earn” services, allowing you to grow your crypto holdings without actively trading. Bitget Earn boasts a comprehensive suite of earning products including:
- Flexible and Fixed Staking: With staking, you can earn interest on your crypto holdings. Flexible Staking allows you to easily withdraw your crypto at any time but typically offers lower interest rates. Fixed Staking requires you to lock up your crypto for a predetermined period, but generally offers higher interest rates.
- Crypto Loans: The service allows you to borrow cryptocurrencies by using your existing crypto holdings as collateral. You need to pay hourly interest rates.
- Shark Fin: These are limited-time, high-interest rate deals on staking specific cryptocurrencies. However, they are only available for a short period. Bitget offers a guaranteed APR of 7% on these products.
- BGB Staking: Bitget also incentivizes holding their native token, BGB, with “BGB Staking” which unlocks zero-fee withdrawals and up to 2% APR.
- Launchpad: The Launchpad allows you to invest in new crypto projects before they are officially launched on the market. You can earn airdrops or mint new tokens.
Additionally, Bitget caters to long-term investors with “Wealth Management”, where a professional team manages your assets. They even offer “Spot Auto-Invest” for automated investments in Earn products, making wealth-building effortless.
Similar to Bitget, KuCoin Earn focuses on providing reliable returns. Their savings and staking product offers daily compounded interest with flexible investment terms. KuCoin also offers Shark Fin and Dual Investment.
KuCoin also offers high-yield “Promotions” with limited availability. Holding their native token, KCS, unlocks additional benefits like participation in platform governance through “KCS Staking” and daily bonuses with “KCS Bonus”. It has some other earning products like:
- Snowball: Earn increasing interest on your crypto holdings over a set period. It’s like a fixed deposit for your crypto, where interest rates typically grow the longer you lock it in.
- Crypto Lending Pro: Lend your crypto to others and earn interest on your holdings. You can choose the loan terms and interest rate you prefer.
- Spotlight: Similar to Bitget Launchpad, Spotlight is a launch platform for promising new crypto projects.
Winner: Both platforms offer various earn services with competitive APRs.
Bitget vs KuCoin: Fees
Bitget and KuCoin charge two main types of fees: trading fees and deposit/withdrawal fees. Trading fees can be either maker fees or taker fees.
Maker fees are for adding liquidity to the market. This happens when you place an order that doesn’t get filled right away. Taker fees are the fees you pay for removing liquidity from the market. This occurs when you place an order that gets filled immediately.
Here is the Bitget Spot Trading Fees:
| Level | 30-Day Trading Volume | Bitget Maker Fees | Bitget Taker Fees |
| Regular user | – | 0.1% | 0.1% |
| VIP 1 | >1,000,000 | 0.04% | 0.06% |
| VIP 2 | >2,000,000 | 0.025% | 0.05% |
| VIP 3 | >3,000,000 | 0.02% | 0.045% |
If you hold BGB in your account, you can enjoy a 20% discount on your spot trading fees. This means your maker and taker fees would be reduced to just 0.08%, saving you some valuable crypto.
Here is the KuCoin Spot Trading Fees:
| Level | 30-Day Trading Volume | KuCoin Maker Fees | KuCoin Taker Fees |
| Regular user | – | 0.1% | 0.1% |
| VIP 1 | ≥3,000,000 | 0.09% | 0.1% |
| VIP 2 | ≥6,000,000 | 0.075% | 0.09% |
| VIP 3 | ≥13,000,000 | 0.065% | 0.085% |
Similar to Bitget, with KCS enabled for fees, you’d get a sweet 20% discount.
For futures trading, both cryptocurrency exchanges have a similar fee structure of 0.02% maker and 0.06% taker.
The good news is that depositing cryptocurrencies to your Bitget or KuCoin account is generally free of charge. However, depositing fiat currency (like USD or EUR) might incur fees depending on your chosen payment method. Withdrawal fees also vary depending on the cryptocurrency you’re withdrawing and the withdrawal method you choose. They generally depend on the network congestion of the underlying blockchain.
Here is a quick Bitget vs KuCoin withdrawal fees comparison:
| Crypto | Network | KuCoin Withdrawal Fees | Bitget Withdrawal Fees |
| Bitcoin | BTC network | 0.0012 BTC | 0.00025 BTC |
| Ethereum | ERC 20 | 0.005 ETH | 0.002 ETH |
| USDT | TRC 20 | 1.5 USDT | 1 USDT |
Winner: Both KuCoin and Bitget have the same 0.1% maker/taker fees for regular users. However, if you are a high-volume trader, Bitget offers a greater discount compared to KuCoin. Bitget also charges lower withdrawal fees than the KuCoin exchange.
Bitget vs KuCoin: Supported Coins
In terms of the number of supported cryptocurrencies, Bitget offers a wider selection of 750 coins, whereas KuCoin provides access to over 700 digital assets. Both exchanges are known for supporting low-cap altcoins and new projects in many sectors like DeFi, AI, RWAs, metaverse, NFTs, and more.
Here are popular cryptocurrencies available on both Bitget and KuCoin:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- USD Coin (USDC)
- Cosmos (ATOM)
- XRP (XRP)
- Cardano (ADA)
- Dogecoin (DOGE)
- Polkadot (DOT)
- Polygon (MATIC)
Winner: Bitget supports slightly more cryptocurrencies than KuCoin (750 vs. 700).
Bitget vs KuCoin: Security
Bitget offers various security features to keep your cryptocurrency safe. Here’s a breakdown of some key ones:
- 2FA: When enabled, you’ll need to enter an extra code in addition to your password to log in. This code is usually sent to your phone or an authenticator app. Even if someone steals your password, they won’t be able to log in without the code.
- Fund Password: It is an extra layer of security for your funds and transactions on Bitget. If someone changes your Fund Password, your withdrawals will be frozen for 24 hours. This gives you time to notice and fix the problem.
- Withdrawal Whitelist: With this feature, you choose the specific addresses where you can withdraw your crypto. This way, even if someone hacks your account, they can’t send your crypto anywhere you haven’t approved beforehand.
- Anti-phishing Code: Phishing scams try to trick you into giving away your login details on fake websites. Bitget can show you a special code when you log in. If the code you see doesn’t match the code on the Bitget app, it’s a warning sign that the website might be fake.
- Trusted Device Management: This lets you see which devices have been used to access your Bitget account. You can also remotely log out any devices you don’t recognize.
- PoR: Proof-of-Reserve means the platform’s financial condition. A reserve ratio greater than or equal to 100% means that the platform is capable of covering all user assets. Currently, Bitget’s reserve ratio is 176%.
Additionally, there is a Bitget Protection Fund. It is a financial reserve that protects users from certain losses. The fund is currently valued at $400 million. In the event of a security breach or other unforeseen circumstance, users may be able to recover their lost assets through the Bitget Protection Fund, so long as the loss was not caused by their own actions or trading behavior.
Similar to Bitget, KuCoin also supports all popular safety measures, including:
- Account security features like 2FA, email verification, withdrawal whitelisting, and a phrase to recover your account if needed.
- Platform security measures like regular security audits, system vulnerability assessments, and multi-layered security architecture.
- Wallet security features like encrypted wallets for storing your crypto and the use of cold storage wallets.
KuCoin’s PoR ratio is currently 120%. It means the exchange is fully solvent. Similar to Bitget, KuCoin also has an insurance fund currently valued at 71 BTC.
Winner: Both KuCoin and Bitget are highly secure with various safety measures and insurance funds.
Is KuCoin reliable?
Yes, KuCoin is a reliable platform with various security measures in place, as discussed above. However, KuCoin has faced major challenges in the past including:
- Security Breach: KuCoin faced a hacking incident in 2020 with $275 million in user assets stolen. However, they’ve since implemented stricter security measures, including storing most user funds in cold wallets to minimize online vulnerabilities.
- Regulations and Licensing: KuCoin doesn’t currently hold any major licensing certifications. This can be a concern for some users who prefer platforms with stricter regulatory oversight.
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Is Bitget a good platform?
Yes, Bitget is a good crypto trading platform with various features including copy trading, futures trading, and automated trading bots. It is known for its low trading fees for high-volume traders and has been rated highly on the Play Store and App Store for its platform’s capabilities. However, similar to KuCoin, it does not have any major regulatory licenses, apart from the Virtual Asset Service Provider (VASP) license in Poland.
Bitget vs KuCoin: Deposit Methods
Bitget offers a variety of deposit methods to fund your cryptocurrency purchases:
- VISA and Mastercard
- Apple Pay
- Google Pay
- Alchemy Pay
- Third-party service providers include Mercuryo, Xanpool, and Banxa
Also, Bitget’s P2P marketplace boasts an extensive selection of over 100 payment options. These methods include popular choices like bank transfers (local and international), SEPA transfers for European users, online wallets for added convenience, and even cash payment options in specific regions.
KuCoin also offers various funding methods including:
- Credit and Debit cards
- SEPA
- Faster Payment System (FPS)
- Google Pay and Apple Pay
- Simplex and Banxa
On the KuCoin P2P market, there are over 100 payment methods. You can use 30+ fiat currencies to deposit funds like INR, EUR, USD, and more.
Conclusion: Bitget or KuCoin, which is better?
In conclusion, both are the leading crypto exchanges with advanced trading features. Bitget shines with its robust copy trading platform, offering a wide array of features and a substantial pool of elite traders to follow. With its user-friendly interface and lower fees, it’s a solid choice for those looking for accessibility and ease of use.
On the other hand, KuCoin excels in derivatives trading, particularly with its leveraged tokens feature and advanced trading options. While lacking in copy trading, KuCoin offers competitive trading fees and a wide selection of supported cryptocurrencies, making it a preferred platform for advanced crypto traders looking for diverse trading opportunities.
FAQs
Can Americans use Bitget?
No, Americans can not use the main Bitget crypto exchange. The exchange is restricted in countries like Afghanistan, Canada (Alberta), Hong Kong, Iran, North Korea, Netherlands, Singapore, and The United States. This is due to the varying regulatory standards in the countries. However, US traders can still use Bitget Wallet, as this is a decentralized wallet.
What is the difference between Bitget and KuCoin?
Bitget is known primarily for its copy trading platform, whereas KuCoin is best for derivatives trading with advanced features like perpetual futures contracts and leveraged tokens. Here is a quick recap of their differences:
- Trading Fees: Bitget generally has lower withdrawal fees and trading fees compared to KuCoin, especially for high-volume traders.
- Supported Cryptocurrencies: Both platforms offer a vast selection of cryptocurrencies with Bitget offering 750 and KuCoin 700 tokens. However, KuCoin might have a few more obscure coins listed, while Bitget might focus on the most popular ones.
- Security: Bitget has $400 million in insurance, whereas KuCoin has a dedicated insurance fund worth 71 BTC (at the time of writing).
Is KuCoin no longer available in the US?
KuCoin restricted its services for US residents due to regulatory concerns. This includes all US territories, such as Puerto Rico, Guam, the Northern Mariana Islands, American Samoa, etc. If you are a US user, you can check out our Coinbase review.
Is KYC required for Bitget and KuCoin?
Yes, Know Your Customer (KYC) verification is mandatory for basic account functions like trading crypto on both Bitget and KuCoin. However, KuCoin has strict KYC rules and you can not perform any activities on the platform. But, Bitget allows you to withdraw assets without ID verification. It has a daily 20,000 USDT withdrawal limit and a 100,000 USDT monthly withdrawal limit.
