Software · head to head
Bitget vs FTX
The short version
- Each has a real cost: Bitget the Internet Archive's capture of Bitget's fee schedule page on 4 December 2023 confirmed trading fees can be discounted by paying with the BGB token and that a tiered VIP program grants further discounts, but the underlying fee percentages are loaded client-side and were not present in the captured HTML.; FTX the exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022
- They diverge on capability: Bitget covers Copy Trading, FTX covers Options.
Where they differ
Only the attributes on which Bitget and FTX actually diverge.
Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), platforms (Web, Ios, Android), user rating (Not yet rated), category (Unknown).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Bitget
- Copy Trading
- Launchpad
- Earn
- BGB Token
- Bitget Wallet
Only in FTX
- Options
- Leveraged Tokens
- FTT Token
- Serum DEX
Both cover
- Spot Trading
- Futures Trading
- Web support
- Ios support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Bitget
- Exchanges
- Trading
- Copy Tradingnot FTX
FTX
- Exchanges
- Derivativesnot Bitget
- Trading
Both are used for exchanges, trading, on those jobs the choice comes down to price and fit rather than capability.
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Bitget
- The Internet Archive's capture of Bitget's fee schedule page on 4 December 2023 confirmed trading fees can be discounted by paying with the BGB token and that a tiered VIP program grants further discounts, but the underlying fee percentages are loaded client-side and were not present in the captured HTML.
FTX
- The exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022
- Around 130 affiliated companies including Alameda Research entered the same proceedings, with more than 100,000 creditors and assets and liabilities each between $10 billion and $50 billion
- Founder Sam Bankman-Fried resigned as CEO on the filing and was replaced by John J. Ray III
- It is not a service anyone can sign up for; the estate exists to repay creditors
Pricing, plan by plan
Bitget
Free- StandardFree
- Spot trading
- Copy trading
- Futures
FTX
Free- StandardFree
- Spot trading
- Futures
- Options
Which should you pick?
Choose Bitget if
- You need copy trading.
- You want to start without paying.
- You work on Web, Ios, Android.
- You also want launchpad.
Choose FTX if
- You need options.
- You want to start without paying.
- You work on Web, Ios, Android.
- You also want leveraged tokens.
Questions people ask
- Is Bitget or FTX better?
- Neither clearly leads. Bitget starts at Free and FTX at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Bitget or FTX?
- Bitget starts at Free and FTX at Free.
- Does Bitget or FTX run on more platforms?
- Both run on Web, Ios, Android, so platform support will not decide this one for you.
- Can I use Bitget for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is Bitget best used for?
- Bitget is most often used for exchanges, trading, copy trading. Of those, copy trading is not what FTX is typically brought in for.
- What can Bitget do that FTX cannot?
- Bitget covers Copy Trading, Launchpad, Earn, BGB Token. FTX covers Options, Leveraged Tokens, FTT Token, Serum DEX. Both handle Spot Trading, Futures Trading, Web support, Ios support.
Answered from the vendors’ own pages
FTX: What happened to FTX?
FTX filed for bankruptcy on November 11, 2022, after revelations about Alameda Research's massive holdings of FTX's token (FTT) triggered a liquidity crisis. The platform collapsed within days as a competing rescue deal fell through.
SourceFTX: Can I recover funds from FTX bankruptcy?
FTX has been in Chapter 11 bankruptcy proceedings since November 11, 2022. Customer funds have been subject to claims through the bankruptcy process, with asset recovery efforts ongoing.
Source