Bitget vs SimpleSwap

How Bitget vs SimpleSwap compare on our ratings, exchange specs, funding, pros and cons.

Bitget3.4/5
VS
Feature
Ratings
Our score3.4/54.1/5
User ratingNo reviews yetNo reviews yet
Fees3.03.0
Security & trust2.54.0
Asset selection4.55.0
Ease of use4.04.5
Support3.54.0
Specs
MarketsSpot, Futures, Margin, Copy tradingSpot
Coins listed8332,800
Fiat deposit methodsNot disclosedCard
KYC requiredNot disclosed No
Proof of reserves YesNot disclosed
Staking / earn YesNot disclosed
Mobile app Yes Yes
Security features$300M+ Protection Fund, Monthly proof of reserves, 24/7 security operations center, Encrypted risk monitoringNon-custodial architecture, Direct wallet settlements
Futures & perpetuals Yes No
Copy trading Yes No
P2P marketNot disclosed No
Earn / savings products YesNot disclosed
User protection fund YesNot disclosed
Referral program Yes Yes
Company
Founded20182018
HeadquartersSeychelles—
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • 833 coins and 896 trading pairs reported in October 2026
  • Copy trading covers spot, futures and bots
  • Proof of Reserves covers 19 major assets
  • $300M+ protection fund reported by Bitget
  • No account registration required for standard crypto-to-crypto swaps
  • Non-custodial model delivers converted assets directly to personal wallets
  • Extensive catalog covering more than 2,800 cryptocurrencies
  • Choice between fixed guaranteed rates and floating market rates
Cons
  • Approximately $387.5M was stolen in a September 2026 wallet incident
  • Withdrawals were temporarily halted during the September 2026 attack
  • Derivatives, CFDs and perpetuals carry liquidation and leverage risk
  • Service was discontinued for certain users in October 2026
  • Built-in exchange spreads can exceed traditional spot order-book trading fees
  • Transactions flagged by automated AML risk scoring trigger sudden KYC holds
  • No order books, limit orders, futures, or margin trading
  • Fiat purchases rely on third-party processors with separate fees and verification
Best forCopy-trading users, Multi-asset derivatives traders, Tokenized-asset tradersRegistration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

More comparisons