Marketed as one of the world’s top 5 crypto exchanges and operating in over 150 countries, Bitget has attracted significant attention from global users. However, many people still question whether these claims are accurate. Is Bitget legal in Vietnam? And what should users be aware of when trading on this platform to avoid unnecessary losses?
In the following article, BitcoinVN News provides a detailed A–Z review of the Bitget exchange, clearly analyzing its strengths, weaknesses, and key considerations before you decide whether this platform is right for you.
What is the Bitget exchange?
Bitget is a global cryptocurrency exchange founded in 2018, best known for Spot trading, Futures trading, and especially Copy Trading – a feature that allows users to replicate the trades of experienced traders. The platform has expanded its services to tens of millions of users across more than 150 countries.
A major milestone came in 2025, when Bitget officially repositioned itself as a “Universal Exchange – UEX”, expanding beyond traditional crypto trading into global financial assets. Bitget UEX aims to build a unified trading ecosystem where users can access Crypto, Real World Assets (RWA), AI-powered tools, and traditional finance on a single platform.
Bitget Exchange Review from A to Z
Advantages of Bitget
Security & Asset Transparency
- Bitget publishes monthly Proof of Reserves reports, showing reserve ratios that exceed total user assets, helping strengthen financial transparency and trust.
- The exchange also maintains a User Protection Fund worth hundreds of millions of USD to compensate users in the event of security incidents.
- Industry-standard security measures such as cold storage, multi-signature wallets, and two-factor authentication (2FA) are fully implemented.
Diverse Trading Products
- Crypto Spot & Futures: Trade thousands of tokens with flexible leverage up to 125x.
- RWA (Real World Assets): Access U.S. stocks (Apple, Tesla, Nvidia), ETFs, gold, and forex – all within a single account.
- Copy Trading: A market-leading feature that allows beginners to copy top traders with just a few clicks.
Competitive Trading Fees
Spot trading fees are around 0.1%, while Futures fees are very low (approximately 0.02-0.06%). Users can also enjoy fee discounts when using Bitget’s native token (BGB).
AI-Powered Trading Assistant – GetAgent
Bitget has launched GetAgent, an AI assistant that uses natural language to analyze data, forecast trends, and support smarter trading decisions. This marks Bitget’s strategic move toward the convergence of Web3 and AI in decentralized finance.
Limitations of Bitget
- Advanced features may require time for beginners to fully understand.
- Trading volume for some smaller Spot pairs may be lower than Binance.
- Mixed user feedback:
+ Customer support and KYC processes can be slow during peak periods.
+ Some users on forums such as Reddit have reported withdrawal difficulties. However, others argue these cases may be isolated incidents related to phishing, incorrect login URLs, or a lack of understanding of security procedures. Bitget has not issued official statements on these specific cases.
Is Bitget Legal in Vietnam?
As of October 2025, Vietnam has not officially recognized cryptocurrencies as legal assets. Crypto remains in a “legal gray area” – not prohibited, but not yet formally licensed or regulated.
Bitget does not maintain a headquarters or representative office in Vietnam and operates as an international platform.
Therefore, Bitget is not considered illegal and operates similarly to other lawful cross-border fintech platforms.
Is Bitget a Scam? Assessing Credibility & Transparency
Licensed in Multiple Jurisdictions Worldwide
Bitget is licensed or legally registered in several countries, including:
- Italy: AML registration with OAM.
- Poland: Virtual Asset Service Provider license (Ministry of Finance).
- Australia: Registered with AUSTRAC.
- El Salvador: DASP & BSP licenses, supervised by BCR and CNAD.
- United Kingdom: Partnership with Archax Ltd (authorized by the FCA).
- Bulgaria, Lithuania, Czech Republic: Recognized as a Virtual Asset Service Provider.
Strict KYC & AML Policies
Bitget enforces mandatory KYC for all accounts and operates a multi-layer AML system, including identity verification (KYC/KYB), transaction monitoring and on-chain analysis (KYT), suspicious transaction reporting (STR), and real-time risk detection in cooperation with Chainalysis.
Cooperation with Law Enforcement
Bitget regularly works with international law enforcement agencies to investigate stolen assets and suspected money laundering cases.
Important Considerations When Trading on Bitget
Bitget is a large crypto exchange with a wide range of features, competitive fees, and modern security measures, suitable for both beginners and professional traders. However, as with all centralized exchanges, users should:
- Understand security risks
- Be aware of KYC/AML procedures
- Protect login credentials and passwords
- Avoid storing large amounts of funds on the exchange for extended periods unless necessary
Disclaimer: This is not investment advice. Users should conduct their own research before depositing large amounts or trading on Bitget.
At BitcoinVN News, and in line with our firm’s general policy, we encourage users to familiarize themselves with managing their own keys and to consider obtaining a hardware wallet.
