76% of the community prefer Bitget.

Binance vs Bitget

General

Description

Binance Logo
Binance

Binance is the world’s largest cryptocurrency exchange by trading volume. The platform is known for its wide range of cryptocurrencies, low fees, and a comprehensive set of features for more experienced users and traders. The exchange also offers a software wallet (Trust Wallet) for self-custody of digital assets.

Binance review
Bitget Logo
Bitget

Founded in 2018, Bitget has quickly grown into one of the leading cryptocurrency trading platforms, specifically tailored to the needs of experienced traders. It stands out for its low fees, a wide range of trading tools, and an extensive selection of cryptocurrencies and derivatives.

Bitget review

Pros and cons

Binance Logo
Binance

What we like:

  • Biggest exchange worldwide
  • Large coin selection
  • Low fees
  • Extensive range of features

What we don't like:

  • Complex for beginners
  • Limited regulatory oversight
  • No US access
Bitget Logo
Bitget

What we like:

  • Excellent for trading
  • Very low fees
  • Largest selection of cryptocurrencies
  • Wide range of trading features

What we don't like:

  • Not beginner-friendly
  • Regulatory uncertainty
  • No US access

Preview

Binance Logo
Binance
Bitget Logo
Bitget

Details

Details
BinanceBitget
Fees
0.1%
very low
< 0.1%
very low
Low-fee crypto exchanges
Number of cryptocurrencies
600+
large selection
1,000+
large selection
Payment methods
  • Bank
  • Credit card
  • Bank
  • Credit card
  • Apple Pay
Current BTC price
$117,582.71
including fees
$117,563.47
including fees
Compare Bitcoin prices
Tradeable assets
  • Cryptocurrencies
  • Derivatives
  • Cryptocurrencies
  • Derivatives
Best suited for
Advanced users
Traders
Company headquarters
Malta, Seychelles, Cayman Islands
Seychelles
Founding year
2017
2018
Social media
14.16M followers
4.48M followers
Own token

Binance Coin (BNB)

Benefits:

  • 25% discount on fees
  • Earn interest through staking
  • Access to token sales on Binance Launchpad

Bitget Token (BGB)

Benefits:

  • Discount on trading fees
  • Access to exclusive events
  • Access to token sales

Features

Features
BinanceBitget
Real crypto
Yes
Yes
Transferable to own wallet
Yes
Yes
Recurring buys (DCA)
Yes
Yes
Staking
Yes
Yes
NFT marketplace
Yes
Yes
Trading tools
Yes
Yes
Trading options
  • Derivatives
  • Margin trading (leverage)
  • Short/long positions
  • Derivatives
  • Margin trading (leverage)
  • Short/long positions
  • Copy trading
  • Trading bots
Crypto trading platforms
Two-factor authentication
Yes
Yes
Special features
  • NFT marketplace
  • Binance Visa Card
  • Earn crypto interest through staking & lending
  • Features for professional traders
  • Copy trading
  • Trading bots
  • Bitget credit card
  • Features for professional traders
iOS App
Yes
Yes
Android App
Yes
Yes

Our rating

Our rating
BinanceBitget
Our overall rating
Binance
Bitget

Our individual ratings

Ease of use
Binance: 7 of 10
Ease of use (Binance)
Bitget: 8 of 10
Ease of use (Bitget)
Binance Logo
Bitget Logo
complexsimple
Features
Binance: 9 of 10
Features (Binance)
Bitget: 10 of 10
Features (Bitget)
Binance Logo
Bitget Logo
basiccomprehensive
Fees
Binance: 10 of 10
Fees (Binance)
Bitget: 10 of 10
Fees (Bitget)
Binance Logo
Bitget Logo
highlow
Security & trust
Binance: 7 of 10
Security & trust (Binance)
Bitget: 7 of 10
Security & trust (Bitget)
Binance Logo
Bitget Logo
weakstrong
Beginner-friendliness
Binance: 5 of 10
Beginner-friendliness (Binance)
Bitget: 6 of 10
Beginner-friendliness (Bitget)
Binance Logo
Bitget Logo
unsuitableideal
Support
Binance: 7 of 10
Support (Binance)
Bitget: 8 of 10
Support (Bitget)
Binance Logo
Bitget Logo
poorexcellent

Our opinion

Binance Logo
Binance
Binance is an excellent choice if you prioritize access to a wide range of tradable coins and low fees. However, this variety of features and trading options comes with a downside: the platform can feel overwhelming at times and might be intimidating for beginners. Additionally, Binance is not officially regulated, which could be a drawback for security-conscious users. That said, users who are comfortable with this and intend to transfer their purchased cryptocurrencies to their own wallet will find Binance a strong and reliable option for the reasons outlined above.
Binance review
Bitget Logo
Bitget
Bitget is a top choice for professional crypto traders, thanks to its modern user interface, sophisticated and versatile trading tools, and notably low trading fees. However, we would not recommend Bitget for beginners, as there are more user-friendly platforms better suited for those just starting out. In terms of security and trust, Bitget reinforces its reliability with a transparent “Proof of Reserves” process designed to verify the existence of user funds. Nevertheless, caution is advised due to regulatory uncertainties. This risk can be minimized by regularly transferring your cryptocurrencies to a personal wallet rather than leaving them stored on the platform long-term.
Bitget review

User reviews

User reviews
BinanceBitget
Overall rating
3.6/5
4.0/5
App Store
4.8/5

around 10,100 ratings

4.6/5

around 4,000 ratings

Google Play Store
4.4/5

around 3.06M ratings

4.4/5

around 200,000 ratings

Trustpilot
1.5/5

around 5,400 ratings

3.1/5

around 2,500 ratings

User rating

Powered by AI
Binance Logo
Binance
Binance is valued by users as a powerful and versatile platform, especially among experienced crypto traders who praise the wide range of tradable cryptocurrencies and extensive features. The low transaction fees and the possibility to receive discounts by using Binance’s native cryptocurrency, BNB, are highlighted positively, although some users criticize the variable withdrawal fees. Regarding security, Binance generally enjoys user trust despite some reported security incidents. Customer support receives mixed reviews, with experiences ranging from quick and helpful responses to slow reply times and difficulties in problem resolution.
Bitget Logo
Bitget
Bitget offers a rich array of features for the seasoned trader, but the platform also shows weaknesses, especially regarding beginner-friendliness and transparency. The low fees and diverse trading options are undoubtedly strong points. However, potential users should be aware that experiences with Bitget can vary greatly depending on individual needs and crypto trading experience. Thorough personal research and caution are recommended, particularly in light of reported security and trust issues.

Company

Company
BinanceBitget
Company
Binance Holdings Limited
Bitget Limited
Headquarters
Malta, Seychelles, Cayman Islands
Seychelles
Company size
Large
Large
Regulation
Virtual Asset Service Provider, registered in Lithuania, Poland, France, Sweden, Spain, and Dubai (VARA)
Virtual Asset Service Provider, registered in Poland and Lithuania
Founder
Changpeng Zhao ("CZ"), Yi He
Sandra Lou, Gracy Chen
Founding year
2017
2018

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a recommendation to buy, sell, or hold cryptocurrencies, nor as a guarantee of future price developments. You are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and can result in the total loss of your capital. Past performance is not indicative of future results. We do not accept any liability for the timeliness, accuracy, or completeness of the information provided, including content from external or third-party sources. All actions are taken at your own risk. Some links on this website are affiliate links. If you purchase a product or use a service through these links, we may receive a commission at no additional cost to you. Our content, comparisons, and rankings remain editorially independent. This helps us provide free content and continue developing the platform. Thank you for your support.