Is Bitget safe?

No MiCA authorization found Evidence 94%

Rigor score of the evidence we could verify

Key facts

What the sources say

MiCANot foundApplication pending or none found

Italian residentsNot verifiedRegistry check pending

Proof of reservesPublished2026-08 (published 2026-09-16)

Spot fees (base tier)0.1% / 0.1%maker / taker

Score breakdown

Where the points come from

Regulation0 / 25

No MiCA authorization found; application pending or none

Transparency10 / 14

Proof of reserves published: yes; Independent party: none named; Liabilities included: not verified (unscored); Last report: 2026-08 (published 2026-09-16)

Security record12 / 20

Worst incident in the last five years scored: 12 of 20

Compliance record22 / 25

1 regulator or court action(s) recorded

Costs10 / 10

Spot taker 0.1% at the published base tier

Track record

Incidents and regulator actions

Security incidents

2026-09-24 Unauthorized transfers from hot/warm wallets; Bitget first estimated $351.6M, later ~$387.5M. Withdrawals paused, phased resumption from 28 Sep. Mandiant and SlowMist investigating. Outcome: Bitget says user balances unaffected and its >$464M User Protection Fund covers the loss; full resumption expected 2 Oct (company statement, not independently confirmed). source

Regulator and court actions

2025-07-28 ASIC (Australia): Investor alert: Bitget offers crypto futures up to 125:1 leverage without an Australian Financial Services licence; registered only as AUSTRAC digital currency exchange. Outcome: Public warning; article also lists warnings/actions in Spain, Austria, Germany, Canada, France, Cyprus, Malaysia, Japan since 2022 (not individually verified). Press report Regulator warning source

Limits

What we could not verify

Not verified: ESMA/OAM registers directly; Italian acceptance; legal entity; whether withdrawals fully resumed after 2 Oct; post-hack MiCA developments; fee page official table (used support article); staking; individual regulator actions other than ASIC.

Facts are as of 7 Oct 2026. Searches are not exhaustive. If something here is wrong or out of date, send a correction with a source: corrections policy. Education only, not investment advice.

Sources

[1] Tangem: Is Bitget MiCA authorised? accessed 2026-10-07
[2] Cryptonomist: Bitget MiCAR authorization EU (2 Jul 2026) accessed 2026-10-07
[3] Bernama: Bitget secures VASP license in Bulgaria (17 Feb 2025) accessed 2026-10-07
[4] Datawallet IT: Paesi supportati e con restrizioni da Bitget accessed 2026-10-07
[5] The Star: Bitget suspends withdrawals after hackers take US$352mil (25 Sep 2026) accessed 2026-10-07
[6] Electronic Payments International: Bitget to resume withdrawals after $387.5m hack accessed 2026-10-07
[7] Bitget announcement: phased withdrawal resumption accessed 2026-10-07
[8] FX News Group: ASIC warns on Bitget unlicensed futures (28 Jul 2025) accessed 2026-10-07
[9] Decrypt/Chainwire: Bitget 45th monthly PoR, 122% (16 Sep 2026) accessed 2026-10-07
[10] Bitget support: base fee rates accessed 2026-10-07

Questions

Common questions about Bitget

Is Bitget safe?

We do not give a yes or no, because safety depends on what you need to protect and on facts that change. In our Edition 0 audit Bitget scored 57 out of 100 with 94% of the evidence verified. We found 1 security incident in the last five years and 1 regulator or court action that was not dismissed. Read the sources on this page before you deposit.

Does Bitget publish proof of reserves?

Yes. Latest date we found: 2026-08 (published 2026-09-16). Compare all exchanges: proof of reserves compared.

Is Bitget authorized under MiCA?

We found no MiCA authorization in our search. See all exchanges: MiCA authorized exchanges.

What are Bitget's spot trading fees?

Base tier spot fees are 0.1% maker and 0.1% taker.

Can Italian residents use Bitget?

Accepts Italian residents: Not verified. The registry check is pending.