Bitget

Bitget is a cryptocurrency trading platform established in 2018. Its core business has centered on digital-asset trading, particularly derivatives and perpetual contracts, together with spot-market services and copy trading. Copy trading allows users to follow the disclosed strategies or positions of selected traders, making it one of the platform’s principal consumer-facing differentiators. The platform has also presented itself as an exchange and trading-services brand rather than solely as a conventional spot cryptocurrency marketplace. Bitget’s product proposition combines market access, trading tools, account services, and trader-oriented features. Its derivatives offering is designed for users seeking leveraged exposure to cryptocurrency markets, while spot trading provides direct purchase and sale of digital assets. The platform’s copy-trading features are intended to connect experienced traders and followers, although the risks of leverage, volatility, liquidity constraints, and losses remain material for users. As with other cryptocurrency trading venues, service availability, asset coverage, and regulatory treatment may vary by jurisdiction. The company’s current public positioning extends beyond its earlier cryptocurrency-derivatives identity. On its official website, Bitget describes a “Universal Exchange” model intended to bring cryptocurrencies, stocks, gold, foreign exchange, and commodities into a unified account experience. The same positioning describes USDT settlement, access without a traditional brokerage account, and an AI-oriented trading assistant called GetAgent. These claims represent the brand’s stated product direction; the available reference material does not independently establish the full launch scope, legal availability, or operational status of every asset class in every market. Bitget operates in a highly competitive and rapidly changing sector that includes centralized cryptocurrency exchanges, derivatives venues, brokerage-style platforms, and decentralized alternatives. Its competitive identity is associated with derivatives, copy trading, platform expansion, and efforts to make trading tools accessible to a wider user base. The available source material does not provide reliable information about its headquarters, ownership structure, executives, financial performance, user numbers, or regulatory licenses. Those details should therefore not be inferred from the brand’s marketing descriptions.

Bitget was established in 2018 as a cryptocurrency trading platform. The available source material identifies its early and continuing focus as cryptocurrency derivatives, including contract trading, while also associating the brand with spot trading and copy trading. Its history is therefore best understood as the development of a crypto-market trading venue with a strong derivatives and social-trading orientation. A central part of Bitget’s consumer proposition is copy trading. This model allows users to follow the activity of selected traders rather than building every position independently. It can simplify access to trading strategies, but it does not remove market risk: followers remain exposed to volatility, leverage, execution differences, fees, and the possibility that a chosen trader performs poorly. The available references do not provide sufficient detail to establish when each copy-trading feature was introduced or how its mechanics have changed over time. Bitget’s public positioning has subsequently broadened. Its official website describes a Universal Exchange that seeks to combine cryptocurrency trading with stocks, gold, foreign exchange, and commodities in a single account. The site also promotes USDT settlement, an experience that does not require a traditional brokerage relationship, and GetAgent, an AI-based trading assistant intended to provide continuous trading support. These statements show a strategic direction toward a more expansive trading platform, but the supplied material does not verify the precise legal structure, market-by-market availability, launch dates, or regulatory permissions for these services. The brand operates in a sector shaped by sharp asset-price movements, changing rules for digital-asset businesses, operational and cybersecurity requirements, and intense competition among exchanges and broker-style platforms. No reliable source in the supplied material identifies Bitget’s headquarters, founders, controlling owner, senior executives, financial results, listing status, or regulatory history. Consequently, those aspects are left undocumented rather than inferred. Additional primary filings, regulatory records, or dated company announcements would be needed for a fuller corporate history.

• 2018

  Bitget established

  Bitget was established as a cryptocurrency trading platform, with a business identity centered on digital-asset markets and derivatives.

A cryptocurrency trading and derivatives platform expanding toward a unified, multi-asset exchange model, with copy trading and AI-assisted trading among its differentiating features.

• Trading platform

  Cryptocurrency derivatives

  Bitget’s derivatives business includes contract-based cryptocurrency trading, particularly perpetual contracts. These products are designed for users seeking leveraged or directional exposure without simply holding the underlying asset. Derivatives involve substantial risks, including liquidation, funding costs, price gaps, and losses exceeding expectations under volatile conditions. The supplied sources do not specify the complete contract catalogue, leverage limits, or jurisdictional availability.

• Cryptocurrency trading

  Spot trading

  Spot trading enables users to buy and sell digital assets directly through the platform. It complements Bitget’s derivatives focus by providing a more straightforward market-access product for users who want exposure to cryptocurrency assets without entering a contract position. The available reference material does not specify the supported assets, settlement arrangements, fees, or regional restrictions.

• Social trading

  Copy trading

  Bitget’s copy-trading offering allows users to follow the activity or strategies of selected traders. The feature is positioned as a way to make trading approaches more accessible to less experienced participants while retaining a marketplace relationship between strategy providers and followers. Performance is not guaranteed, and followers may experience different results because of timing, liquidity, fees, leverage, and risk settings.

• Multi-asset trading platform

  Universal Exchange

  The Universal Exchange is Bitget’s stated expansion concept for trading cryptocurrencies, stocks, gold, foreign exchange, and commodities through one unified account. The official website also presents USDT settlement and access that does not require a traditional brokerage account. The available material describes the proposition but does not establish the full technical, legal, or geographic availability of each asset class.

• AI trading assistance

  GetAgent

  GetAgent is described on Bitget’s official website as an AI trading assistant intended to provide around-the-clock support for trading activities. The supplied material does not document its exact capabilities, whether it executes transactions, or the markets and jurisdictions in which it is available.

• 2026

  Mandiant and SlowMist reports detail zero-day attack method behind Bitget $387.5 million crypto theft

  Investigation reports released on Sept. 30, 2026 by Mandiant, part of Google Cloud, and blockchain security firm SlowMist found that attackers compromised two third-party security products, exploiting a previously unknown (zero-day) vulnerability traced to Aug. 31, before obtaining privileged internal access to Bitget's production wallet systems and bypassing the normal customer-facing withdrawal process without stealing private keys to steal about $387.5 million. The attackers deleted traces after transfers to hinder the investigation. The reports did not attribute the attacks to North Korea, though Bitget CEO Gracy Chen had previously said preliminary technical indicators were highly consistent with known North Korean hacking groups.

  Source

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• Expansion from crypto trading toward a Universal ExchangeStrategy

  Background

  Bitget’s earlier public identity emphasized cryptocurrency derivatives and related trading services. Its current official positioning describes a broader ambition covering crypto, stocks, gold, foreign exchange, and commodities.

  Action taken

  The brand promotes a unified account, USDT settlement, and AI-assisted trading under the Universal Exchange concept.

  Aftermath

  The supplied material does not provide independently verified information on launch performance, adoption, regulatory treatment, or the availability of each proposed asset class.

  Source

• Unconfirmed

  Bitget launches Anthropic IPO new-user promotion[4]Bitget推出Anthropic IPO新客活动tech.china.com

  Bitget launched a new-user promotion tied to Anthropic IPO subscriptions, offering a total prize pool of 100,000 USDT. Eligible users can earn Anthropic stock rewards and VIP subscription benefits by completing deposit and subscription tasks.

• 2026.10.02

  Reported2026.10.02

  Bitget says $1.1 million of stolen funds frozen, Protection Fund restored to $300 million after $387.5 million hack[2]Mandiant and SlowMist reports detail zero-day attack method behind Bitget $387.5 million crypto theftcnbc.com

  Bitget said approximately $1.1 million of the nearly $388 million stolen in last week's cyberattack had been frozen, and CEO Gracy Chen told CNBC she was not expecting to recover a lot of funds. The exchange said user account balances were unaffected, restored its Protection Fund to more than $300 million using its own capital after it was drawn down below $200 million following the hack, and reported a self-reported overall reserve ratio of 131% based on a Sept. 29 snapshot. Withdrawals for bitcoin, ether and USDT have resumed, with remaining cryptocurrencies, fiat and peer-to-peer services scheduled to resume on Friday, Oct. 2, 2026. Chen declined to disclose the breached third-party vendors or products, citing potential security risks.

  Weekdays and relative dates follow the original report; their exact calendar dates have not been verified.

• 2026.09.30

  Reported2026.10.02

  Mandiant and SlowMist reports detail zero-day attack method behind Bitget $387.5 million crypto theft[2]Mandiant and SlowMist reports detail zero-day attack method behind Bitget $387.5 million crypto theftcnbc.com

  Investigation reports released on Sept. 30, 2026 by Mandiant, part of Google Cloud, and blockchain security firm SlowMist found that attackers compromised two third-party security products, exploiting a previously unknown (zero-day) vulnerability traced to Aug. 31, before obtaining privileged internal access to Bitget's production wallet systems and bypassing the normal customer-facing withdrawal process without stealing private keys to steal about $387.5 million. The attackers deleted traces after transfers to hinder the investigation. The reports did not attribute the attacks to North Korea, though Bitget CEO Gracy Chen had previously said preliminary technical indicators were highly consistent with known North Korean hacking groups.

• Unconfirmed

  Reported2026.09.25

  Bitget pauses withdrawals after $350 million stolen in hack[3]Mandiant and SlowMist reports detail zero-day attack method behind Bitget $387.5 million crypto theftnews.google.com

  Crypto exchange Bitget paused withdrawals after $350 million was stolen in a hack, according to Reuters.

• Unconfirmed

  Reported2026.08.12

  Bitget launches $300 million Project Archimedes for MENA asset managers[5]Bitget推出3亿美元Project Archimedes支持中东北非资产管理机构zawya.com

  Bitget launched Project Archimedes, a $300 million institutional capital programme to support quantitative trading firms, asset managers and market makers across the Middle East and North Africa, comprising a $100 million Capital Provider Program and a $200 million Interest-Free Lending Program.

• 2022.02.24

  Reported2022.02.24

  DigiMax announces CryptoHawk AI and Bitget platform integration[6]DigiMax宣布CryptoHawk AI与Bitget平台合作接入finanznachrichten.de

  DigiMax announced that Bitget would be offered as a preferred partner trading platform in the CryptoHawk AI app within the next week, and that CryptoHawk AI would be accessible from Bitget's trading site. The companies also planned to feature each other's services on their websites and apps.

• 2022.01.27

  Reported2022.01.27

  Bitget announces sponsorship of Team Spirit[7]Bitget宣布赞助Team Spirittechcabal.com

  Bitget announced a sponsorship agreement with esports organization Team Spirit, including brand placement on jerseys, in-game and social media platforms, as well as competitions, giveaways, and promotions conducted in conjunction with the partnership.

Read more

1. 1Bitget official websitebitget.com
2. 2Mandiant and SlowMist reports detail zero-day attack method behind Bitget $387.5 million crypto theftcnbc.com
3. 3Mandiant and SlowMist reports detail zero-day attack method behind Bitget $387.5 million crypto theftnews.google.com
4. 4Bitget推出Anthropic IPO新客活动tech.china.com
5. 5Bitget推出3亿美元Project Archimedes支持中东北非资产管理机构zawya.com
6. 6DigiMax宣布CryptoHawk AI与Bitget平台合作接入finanznachrichten.de
7. 7Bitget宣布赞助Team Spirittechcabal.com