Bitget vs Bitpanda Fusion Comparison

In short: Bitget is one of the large crypto exchanges for active traders: more than 1,000 coins, spot trading from 0.1%, futures from 0.02% for makers, plus copy trading and trading bots. It serves customers in many countries outside the EU and publishes a proof of reserves every month, most recently with 115% coverage. Whether you can open an account depends on where you live, so check the country section below first.

Is Bitget safe and legit?

Regulation: Bitget is operated by BTG Technology Holdings Limited. Its licence page lists a digital currency exchange registration with AUSTRAC in Australia, a crypto asset service provider licence from the FSCA in South Africa, registration with the CNV in Argentina, licences in El Salvador, Mauritius and Georgia, membership of a FINMA-recognised self-regulatory organisation in Switzerland, and in the UK promotions approved by an FCA-authorised firm under section 21 of FSMA. Australia's securities regulator ASIC confirms the AUSTRAC registration for exchange services and points out that Bitget holds no Australian financial services licence for its crypto futures (ASIC investor alert).

The hack of 24 September 2026: Through a flaw at a third-party software supplier, about $388 million left the exchange's wallets; Chainalysis attributes the attack to groups linked to North Korea. Bitget's protection fund covered the loss and customer balances stayed unchanged. From 28 September Bitget reopened withdrawals in stages; according to the exchange's public API, Bitcoin, Ether, USDT, XRP and Solana, among others, were withdrawable again on 1 November 2026. More in our reports Bitget after the hack and what existing customers should check.

Reserves and protection fund: Bitget has published a Merkle-tree proof of reserves every month since December 2022. The snapshot of 21 October 2026 shows total coverage of 115%: 113% for Bitcoin, 105% for USDT and 162% for Ether (Bitget proof of reserves). According to Bitget, the protection fund holds 3,705 BTC, valued at about $286 million on 1 November 2026; its dollar value moves with the bitcoin price. It is a voluntary reserve of the exchange, not a statutory deposit guarantee.

What you can do yourself: turn on two-factor authentication and a withdrawal address whitelist, and keep larger amounts in your own wallet, for example a hardware wallet.

Where can you use Bitget?

Bitget's Terms of Use (version of 20 October 2026) exclude residents of Afghanistan, Austria, Belarus, Canada, the Central African Republic, Cuba, the Democratic Republic of the Congo, France, Germany, Guinea-Bissau, Haiti, Hong Kong, Iran, Iraq, Japan, Kazakhstan, Lebanon, Libya, Malaysia, North Korea, Russia, Singapore, Somalia, South Sudan, Sudan, Thailand, the United States and its territories, Yemen and the Crimea, Luhansk, Donetsk, Kherson and Zaporizhzhia regions. Using a VPN to get around this is not allowed.

In the EU every crypto exchange needs a licence under the MiCA regulation since 1 July 2026. Bitget has applied to Austria's Financial Market Authority and does not yet appear in the ESMA register (file of 30 October 2026), so it opens new EU accounts once that licence is granted. In India crypto service providers register with the Financial Intelligence Unit (FIU-IND); Bitget said in July 2025 that it was in talks about registration. In the Philippines the SEC named Bitget in an advisory of 1 August 2025 on platforms without a local registration.

Bitget referral code and welcome bonus

The Bitget referral code is 94qs. If you open the sign-up page through the button on this page, the code is already filled in. On 1 November 2026 Bitget's sign-up page advertised welcome rewards of up to 6,200 USDT for new users; the tasks behind them, such as a first deposit or trading volume, and the amount you can actually earn depend on your country and are shown on Bitget's event page after sign-up.

Bitget copy trading

Copy trading mirrors the trades of other users, Bitget's “elite traders”, in your own account. Bitget offers it for futures, spot, trading bots and CFDs. For every elite trader the copy trading leaderboard shows the 30-day profit and loss, return, the profit of their copiers, the assets they manage and the maximum drawdown. The trader you follow passes on losses just as readily as gains, and futures copy trading uses leverage, so set a maximum amount per trader and a stop-loss before you start. Our Bitget copy trading guide walks through the settings.

Bitget Wallet and the exchange

Bitget Wallet is a separate self-custody app, not your exchange account: coins in the wallet do not sit on the exchange, and coins on the exchange are not in the wallet. The September attack hit the exchange's wallets, not the app. With the keyless setup one of two key shares sits on Bitget's server; what that means for you is explained in Bitget Wallet is not the exchange.

Who is Bitget for?

Bitget suits experienced traders who want futures, copy trading and a very large choice of coins and who live in a country where Bitget accepts customers, such as Australia. If you live in the EU, choose an exchange with a MiCA licence, such as Bybit EU (licensed by the FMA), OKX, Kraken or Bitvavo. Exchanges licensed in your region are listed in our comparison of regulated crypto exchanges.

Bitpanda Fusion is the pro trading platform within the Bitpanda ecosystem and is aimed at active traders with higher volume. Instead of the flat 0.99% fee on the standard app, a tiered fee applies here that falls in seven steps from 0.25% to 0.02% as your trading volume over the last 30 days grows. Account, verification, and custody are shared with the regular Bitpanda platform, so no separate onboarding is required.

According to Bitpanda, Fusion compares the order books of more than twelve trading venues in real time and offers the best aggregated price. Fusion does not run an order book of its own: every order is executed directly with Bitpanda, which is why Bitpanda describes Fusion as a broker rather than an exchange. The interface integrates TradingView natively and supports market, limit, stop-limit, stop-market, and take-profit limit orders. According to Bitpanda, more than 2,000 trading pairs are available, including against CHF and GBP, and Bitpanda itself charges no deposit or withdrawal fees. For automated trading there is a public REST API and Fusion MCP, a free open-source tool that lets AI assistants place orders on your instruction; the API documentation does not yet list a WebSocket interface. Fusion also runs with its full feature set in the app for iOS and Android. Margin and leveraged trading are not available through Fusion; Bitpanda offers a separate margin product with leverage of up to 10x instead. The learning curve compared to the standard Bitpanda app is occasionally criticized in user comments, as is the absence of the savings plan feature.

Bitpanda Fusion is considered particularly suitable for traders who value low volume-based fees, pro order types, and API access. Those who mainly use savings plans, precious metals, or simple direct purchase are better served on the standard platform. This comparison does not constitute investment advice.