Bitget vs Upbit: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Bitget and Upbit This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

Bitget

Upbit

⚠️ We look for what’s best for you.

₿ Getting into crypto? With eToro you can start in minutes: buy/sell top coins, set recurring buys, track markets, and use Social/CopyTrader features.

👉 Start here and explore the crypto offer.

Available Countries

United States

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

United Kingdom

Yes

United States

yes

Europe

yes

Latin America

yes

India

China

Canada

yes

United Kingdom

Thinking about starting with crypto? This is for you.

In select regions, eToro offers a $10 welcome bonus when you open an account today.*

🎯 An account built to help you start with crypto—without the hassle.

➕ Buy and sell top cryptocurrencies in minutes

➕ Recurring buys, price alerts, and advanced charts

➕ Social/CopyTrader™ to follow experienced investors

➕ One of the largest and most trusted platforms worldwide

Limited-time promotion — still available.

*Offer subject to terms, eligibility and regional availability. Don’t invest unless you’re prepared to lose all the money you invest.

Bitget is ideal if:

Versatile trading options – Combines spot, futures, margin, and copy trading along with automated tools to suit both beginners and advanced users
Built for trust and security – Emphasizes safety with cold/hot wallet separation, Proof of Reserves, real-time risk monitoring, and a sizable protection fund
Seamless, accessible experience – Boasts an intuitive interface across web and mobile, supported by global partnerships and strong user support networks

Upbit is ideal if:

Great for beginner-friendly trading: Offers a clean, intuitive interface and strong security, making it ideal if you're new to crypto and value simplicity.
Strong Asian market presence: Deeply localized in South Korea and Southeast Asia, with excellent liquidity and fiat integration in those regions.
Not suited for advanced instruments: If you're looking for margin, derivatives, or broad global fiat support, Upbit’s limited financial features may not fit your needs.

Bitget isn’t ideal if:

If you prefer direct fiat deposits – Bitget emphasizes crypto-to-crypto trading and may not suit users wanting seamless fiat-to-crypto onboarding.
If you're regulatory-risk averse – It lacks top-tier regulatory oversight in some jurisdictions, which could concern users seeking high-level financial protection.
If you're uncomfortable with complex tools – Advanced features like futures and leverage could overwhelm inexperienced traders who prefer simpler platforms.

Upbit isn’t ideal if:

Limited product variety: Lacks margin, futures, copy-trading, loans, or crypto cards, restricting users seeking more advanced financial tools.
Geographically constrained: Primarily serves South Korea and select Asian markets; support and fiat options are limited for most global users.
Basic customer support: Relies mainly on ticket-based assistance with minimal tutorials or live help, which may not satisfy those wanting more hands-on guidance.

Fees & Total Costs

Spot Maker/Take

Bitget applies a standard spot trading fee of 0.1% for both makers and takers, with a 20% discount available if you choose to pay using the native BGB token. VIP tiers, determined by trading volume and BGB holdings, offer further tiered reductions.

Upbit applies a flat trading fee—typically around 0.20–0.25%—for both maker and taker spot orders across supported pairs, with no tiered discounts or native token rebates.

Futures/Derivatives

For perpetual futures, the maker fee is 0.02% and the taker fee is 0.06%, with potential discounts through the VIP program or BGB holdings; funding fees are not collected by Bitget but exchanged directly between traders every 8 hours.

Upbit does not offer futures or derivative instruments, so there are no maker, taker, or funding fees to consider.

Average Spreads on Liquid Pairs

Bitget does not publish fixed spread data; spread tends to mirror tight market conditions on major liquid pairs, consistent with other active spot platforms—though slight variations may occur depending on real-time order book depth.

On major spot pairs like BTC/USDT or ETH/USDT, spreads are generally tight and reflective of high liquidity, though your precise rate depends on market depth at the time of execution.

Fiat Deposits & Withdrawals

Users can deposit fiat via credit/debit cards or third-party services; fees and processing times vary depending on the provider, while deposits may have third-party charges but no platform fee listed.

Upbit supports bank transfers for fiat, with deposit methods varying by region; fees and processing times vary according to local banking systems and verification levels.

On-chain Withdrawals

Withdrawal fees are dynamically adjusted based on network congestion; there’s no flat-rate model—actual costs vary by blockchain and are shown during withdrawal.

Upbit charges fixed network fees per asset (e.g. a fixed amount in BTC or ETH), which do not adjust dynamically based on network congestion.

Hidden Costs

Bitget maintains transparency around fees—there are no inactivity fees, currency conversion happens at prevailing market rate (with no added margin), KYC is standard and fee-free, and other charges like copy-trading profit shares are openly disclosed.

You might encounter costs such as currency conversion spreads, speedier KYC processing, or cross-border banking charges; these are not labeled as explicit fees but can subtly add to your overall cost.

Real-World Cost Example: “€500 BTC

If you bought €500 of BTC via the spot market, you’d pay roughly 0.1% in fee (or about €0.50, less with BGB), plus a minimal spread typically embedded in execution price, and then pay a network-based withdrawal fee when moving the BTC on-chain. Let me know if you’d like a deeper dive into any of these!

If you purchase €500 in BTC, your total cost includes the platform’s flat trading fee plus the market spread; withdrawing that BTC would then incur the asset’s fixed network withdrawal fee.

Crypto Offering & Trading Features

Number of Coins & Pairs

Bitget offers hundreds of cryptocurrencies across spot and derivatives, with the top 20 liquid pairs by volume including BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, BGB/USDT, USDC/USDT, among others, reflecting a broad but curated selection.

Upbit lists approximately 260-263 cryptocurrencies (depending on the data source) and over 540 trading pairs overall, with the top 20 by volume dominated by KRW pairs like ETH/KRW, XRP/KRW, and BTC/KRW, reflecting its regional liquidity strength.

Product Range

The platform supports spot, margin (both cross and isolated), perpetual futures, and copy trading, and also extends offering grid and DCA bots; additional services include staking/earn and flexible savings, though options, crypto ETFs, and loans are not core features.

Upbit focuses exclusively on spot markets and does not offer margin, perpetual futures, options, crypto ETFs, lending, copy trading, grid bots, or automated DCA; however, it does include staking/earn services for select assets.

Liquidity

Bitget consistently ranks among the top global cryptocurrency exchanges for liquidity depth in BTC/USDT and ETH/USDT, ensuring efficient execution even for large orders; real-time 24-hour volume is high and competitive among major platforms.

Upbit’s 24-hour trading volume typically ranges in the multi-billion-dollar bracket, and its order books for BTC and ETH pairs exhibit strong depth, especially for KRW-denominated pairs, ensuring tight spreads and reliable execution.

Tools

Users can access a full range of order types—limit, stop, OCO—and enjoy advanced charting tools, TradingView integration, price alerts, and a robust API/WebSocket for automation.

The platform supports limit, market, and stop-limit order types, plus charting tools and dashboards, API and WebSocket access, but lacks native TradingView integration and any alerting capabilities.

Geographic Restrictions by Product

Derivatives and leveraged products are restricted or unavailable in certain regions due to compliance requirements—users should check local eligibility as access may vary by jurisdiction.

Derivatives and advanced instruments are unavailable across the board, and even spot trading is restricted in regions like the United States, Japan, China, and Taiwan due to regulatory limitations.

Innovation

Bitget provides launchpad-like activities via its Web3 Launchhub, along with flexible earning (zero-lock staking) and competitive yield programs that encourage ongoing user engagement.

While Upbit does not host launchpads, launchpools, or flexible-vs-locked earn programs, it does offer staking options for select chains—but no advanced yield farming or investment pools.

Security, Regulation & Custody

Operating Entity & Jurisdiction

Bitget is legally registered in Seychelles under Bitget Holdings Pte Ltd, founded in 2018, and maintains additional operational offices in the UAE and Bahrain to support regional growth and compliance.

Upbit is operated by Dunamu Inc., a South Korean company founded in 2017, with its headquarters located in Seoul and expanding operations through entities such as Upbit Singapore.

Licenses/Registration

The platform holds multiple regulatory registrations including MSB in the U.S., VASP in Poland, crypto licensing in Lithuania, and approvals in markets like Australia, Italy, the UK, and El Salvador—all supporting its pursuit of broader MiCA and regional compliance.

Upbit Singapore holds a fully licensed status as a Major Payment Institution under Singapore’s Payment Services Act, enabling regulated digital token services, while its Korean operations continue under the Virtual Asset Service Provider framework.

Custody

Bitget uses self-custody solutions, regularly conducts Merkle-tree audits to maintain over 100% proof of reserves, and incorporates cold storage for a significant portion of user funds to ensure full backing and transparency.

Upbit maintains full custody of user assets, backed by recent audits confirming over-100 percent reserves for both digital assets and cash equivalents, alongside substantial cold-wallet holdings.

Insurance & Protection Funds

A multi-million-dollar Protection Fund serves as a safety net alongside security standards such as ISO 27001

The exchange has set aside dedicated user protection reserves, in the order of tens of millions USD, specifically to shield user assets in case of unexpected events.

Incident History

Since its launch, Bitget has maintained an incident-free track record with no major hacks, enforcement suspensions, or regulatory penalties publicly reported, demonstrating consistent platform resilience.

In late 2019, Upbit experienced a significant hack that resulted in the loss of roughly USD 48 million in Ethereum; since then, it’s reinforced internal controls and transparency protocols.

Risk Controls

Users benefit from robust protections like 2FA (via apps or passkeys), anti-phishing codes, PIN/fund codes, withdrawal address whitelists, sub-accounts, granular API permissions, and “cancel withdrawal” functionality to mitigate unauthorized activity.

Upbit employs robust safety measures such as two-factor authentication, internal self-trading restrictions, a proprietary market-monitoring system, and auditing to prevent insider trading, plus granular permission controls for API access.

Transparency

Bitget delivers transparency through monthly audit-backed reserve disclosures, compliance reporting, and operations conducive to regulatory inquiries—though it doesn’t offer publicly viewable wallet addresses or formal SLA documentation.

The exchange publishes periodic transparency reports including audit results and trading-behavior monitoring; while it doesn’t offer public wallet addresses or formal SLAs, it follows regulatory guidelines and discloses operational compliance measures.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Bitget supports bank transfers (e.g., SEPA), credit/debit cards, P2P, and third-party e-wallets—each method has varying minimums, limits, and processing times that are displayed during the transaction.

Upbit allows fiat deposits primarily via local bank transfers (e.g. KRW in Korea, SGD in Singapore) once you reach full verification; minimums vary, processing typically takes 1–3 business days.

Supported Fiat Currencies & Conversion

Upbit allows fiat deposits primarily via local bank transfers (e.g. KRW in Korea, SGD in Singapore) once you reach full verification; minimums vary, processing typically takes 1–3 business days.

KYC (Verification Levels)

Users must complete identity verification to enable fiat services; verification lifts default crypto withdrawal caps (e.g., from ~20,000 USDT/day to millions depending on VIP tier), while sub-accounts inherit verification from the main account.

Upbit uses a four-level KYC system—ranging from basic identity checks to full verification with bank linkage—and higher levels unlock larger deposit and withdrawal capacities.

Withdrawals

Fiat withdrawals use bank transfers (e.g., SEPA for EUR) with limits and processing times shown during execution; crypto withdrawals support major networks (e.g., TRC20, ERC20) and show exact time estimates and fees at withdrawal.

Crypto withdrawals are permitted across major networks like ERC-20 and TRC-20, with daily limits scaling by KYC level and typical processing within hours.

Customer Support

Bitget provides 24/7 live chat, email support, and a resource-rich help center; response times may vary, but guidance through chat is generally prompt, supplemented by a detailed knowledge base.

Support is available through email and a robust FAQ/help center; users in Korea generally experience faster responses, while international users may wait longer and have less localized documentation.

Languages & Localization

The platform is fully translated into major languages including English; fiat balances and fees are displayed in users’ preferred currencies, aligning with local regulatory and payment frameworks.

The platform is available in native English and Korean, displays balances in local currencies (KRW or SGD), and adheres to the relevant local regulatory framework for each region.

App Quality & Stability

Bitget’s app is designed for stability, regularly updated to address bugs and performance; while exact crash statistics are not provided, user reviews indicate smooth usability across iOS and Android platforms.

The Upbit mobile app is known for its stability and smooth performance, with regular updates, low crash rates, and quick feature rollouts aimed at both beginners and experienced users.

Experience, Performance & Ecosystem

UX/UI

Bitget features a dual-mode interface—’Lite’ for easy entry with a clean, beginner-friendly layout, and ‘Pro’ for advanced traders with full access to order books, indicators, and tools—making the platform adaptable to both novices and experienced users.

The Upbit interface strikes a smart balance between clarity and functionality—offering a simplified view for beginners while still providing comprehensive charts and real-time data for more experienced users, although it doesn’t explicitly label modes as “Lite” or “Pro.”

Performance

Bitget’s infrastructure ensures rapid order execution with low latency and reliable uptime even during volatile market peaks, and while KYC volume may rise in bull markets, the process typically remains smooth with few delays reported on the platform.

Order latency remains low even during high volatility, and there are no widespread reports of system crashes; however, during market peaks, KYC verification queues may grow noticeably longer, affecting access for new users.

Education

The Bitget Academy offers comprehensive learning content—ranging from market guides to strategy deep-dives—and includes a futures demo simulator for real-time practice, with many resources also available in Spanish to support diverse learner needs

While Upbit doesn’t offer demo accounts or a Spanish-language academy, it provides a detailed help center and tutorials that guide beginners through trading, deposits, and security.

Community

Bitget maintains an active online presence with official communities across Telegram and Discord, a structured referral program rewarding both referrers and referees, and engagement via academy and social channels rather than open public forums.

Official community channels such as forums or Telegram groups are limited; referral programs exist but are less central to the user experience compared to peer-driven groups and third-party platforms.

Integrations

The platform integrates natively with TradingView for enhanced charting and supports external bot automation via its API, which connects seamlessly with third-party portfolio trackers and tax reporting tools for workflow efficiency

Upbit supports Open API and WebSocket for developer access and trading automation, but lacks native TradingView integration, external bot marketplaces, or built-in tax/accounting tool integrations.

Who Each One Is Best For

Bitget best suits traders who appreciate a polished interface with adjustable complexity, access to demo trading and smart automation tools, and seamless integration with external platforms—making it particularly friendly for both savvy beginners and algorithmic/institutional users.

Upbit is best suited for traders who prioritize a clean, stable interface with transparent spot trading, high liquidity, and a regional focus—especially those located in supported Asian markets looking for reliable, everyday trading rather than highly automated or global multi-tool ecosystems.