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101  Economy / Exchanges / Re: withdraw crypto from bitget on: October 25, 2023, 06:35:17 AM
withdraw crypto from bitget

Well, some of the captions I see in BTT, I am not always please although. I mean, the caption or the title of a thread should be able to give upto 30% information of what the thread is all about. But somes posts title do not actually tally with the body  of the post. Such as the one we have here.

I have been reading some negative comments in the media about bitget. So, ok seeing the title, I perceived that OP was advising people to withdraw their funds from bitget to avoid loss of such funds. It was when I opened the thread and read the content that I realised that it was a totally different story.

Yes, most titles I find these days are very misinforming. Glad someone else noticed that. The sad ones are those that are supposed to be simply inquiry directed to the project or service provider's customer support, but are brought here.
102  Economy / Exchanges / Re: withdraw crypto from bitget on: October 24, 2023, 09:28:38 AM
I'm guess he should withdraw to a hardware wallet if he's a CEX lover because all CEX sooner will implement the compulsory KYC in view of the Regulatory demands from different jurisdictions otherwise get kicked out. Which is better?

Well, CEXes were never meant to store your bitcoin but for trading. Whether you decide to use a KYC exchange or not, you should always withdraw your funds to your non-custodial wallet, be that a hardware wallet or a hot wallet.

You're right! Then, he should be advised to keep or move funds to off Exchange wallet as a safe practice to adopt and not because of the exchange implementing KYC in compliance to Regulatory requirements. I think I understand that now, if that's the take in this.
103  Economy / Exchanges / Re: Bitget exchange SMS code receive issue on: October 24, 2023, 08:11:55 AM
For the last 24 hours I am facing and issue with bitget account that I am unable to receive an SMS on my mobile. I am trying to do my p2p transaction and before that they are asking to make a fund password. For that purpose received on the email but I am unable to receive the code on the my mobile device.

If anyone else facing the same issue at bitget? Also I heard some rumours that bitget exchange is not trustable and they might scam in near future. Are those statements on the tutor true ?

I am worried about my account and also we can't afford another exchange scam after ftx exchange.

FUND PASSWORD is another layer of security for you. They will prompt you to use a password different from the exchange login password so that even if someone gets access to your account, transferring your funds will be deterred without the funds password.

Concerning SMS Code. It's simply to verify your mobile Phone number because you want to carry out P2P Peer to peer trading so that when making transaction with a peer, you can be called or you can call to confirm or complete transaction in case of delay. If you fail to recieve the code, check if you had activated DND do not disturb.. so you deactivate in other to recieve codes or check your network provider.
I use Bitget and I use their p2p alot so I know this. I haven't had any issue with them. Meanwhile, the best place for initial support inquiries should be customer support or the exchange community. That way you'll get direct useful response.

I hope this helps.
104  Economy / Exchanges / Re: withdraw crypto from bitget on: October 24, 2023, 07:28:23 AM
As the members mentioned above there are a lot of altcoins that have a minimum withdrawal amount of less than $10 and have small fees such as TRX, XRP, LTC.

But I would like to draw your attention, if you have not completed KYC, you should read this topic:
https://bitcointalk.org/index.php?topic=5464009.0

According to the announcement, Bitget will enforce the KYC as of September 1st, so if you do not intend to complete the KYC, it is better to withdraw all your coins from Bitget.

I'm guess he should withdraw to a hardware wallet if he's a CEX lover because all CEX sooner will implement the compulsory KYC in view of the Regulatory demands from different jurisdictions otherwise get kicked out. Which is better?
105  Other / Beginners & Help / Re: Web3 wallet trading alternatives you recommend? on: October 24, 2023, 07:13:01 AM
With a wide variety of Web3 wallets in the market today, popular and widely-used wallets like Metamask, Trust Wallet etc have paved the way for an open and fair internet, but could they be all-sufficient?
I guess so, I am not into those but if those are the known wallets that supports web3 projects/tokens then that's what you must use.

But my sentiment on these, if you treat your assets highly and you want the best security then I'll choose to keep it on my hardware wallet. As long as it is supported by a hardware wallet.

As we know the innovations in this industry are boundless so I tend to tilt towards exploring options, recently alternating Metamask and BitKeep. What are your reviews about the later? and other reliable options you might suggest?
I don't know about bitkeep, I thought that you just mistyped it and talking about bitkey. Anyway, most wallets have their own cons and pros but since trust wallet was mentioned, you should think of it because just like the others it has got bad reviews.


No lol he actually didn't mistyped. There's Bitkeep wallet. It was upgraded to Bitget's wallet. Quote user-friendly and supports a considerable amount of cryptocurrencies.

Yeah, it's actually great for beginners as a starter wallet. Their NFT Market should be among the largest on BNB Chain and Polygon, with many NFT new collections and good trading volume.
106  Alternate cryptocurrencies / Altcoin Discussion / Re: Are trading bots worth using in the cryptocurrency trading? on: October 24, 2023, 06:49:05 AM
Yes, crypto bots are useful trading tools. They automatically trade for you according to your trading strategy even when you are on your sleep. They are a good way to make profit buying low and selling high.

I don’t normally classify trading bots as good tools to trade seriously because, to me, when someone claims to be doing something, that person should definitely be confident in doing so by himself or herself, not using an AI bot. However, these trading bots you are seeing are nothing but making a trader lazy or lazy to learn more. Trading bots don't guarantee profit, and they don't always go straightforward, like when you use your brain to trade. However, if you are at sleep, I cannot advise you to setup your bot to trade. That is carelessness, mate. You leaving your money there and going to sleep is not good in my opinion, and did you know that trading bots don’t work all the time as you want? You need to include your skills, so don’t rely on trading bots.

 I admire your perspective, really! However, technology and trading bots in this case was meant to make our work better and more efficient. It is important to learn trading, understand fundamentals and other skills needed, then leverage on the availability of this bots to maximize profit. For instance, there's this Smart Portfolio bot that help in rebalancing your portfolio and maximum on price fluctuations to yield profit for the Investor. Would you not utilize these kind of bot even as one who can trade by yourself?
107  Economy / Trading Discussion / Re: Binance is Rolling Out Copy Trading? on: October 24, 2023, 06:38:35 AM
did Binance just announce they're finally jumping on the copy trading feature? I mean, kudos to them for catching up, but seriously? Copy trading wasn't a thing on Binance before this?
Copy trading has been on Binance many months ago if not years. Since I know Binance, I saw copy trading on the exchange, but I do not know when it was introduced.

But Binance copy trading is in future market not sooty market. On all other crypto exchanges as well, copy trading is on future market, not spot market.

Yeah, it's just that Binance uses 3rd party services that are integrated directly into your Binance account. If you want to use the feature, you must first move your futures funds to that service.
Regarding the new futures feature you mean, I think Binance will launch their own and remove collaboration with 3rd party apps so you don't have to take funds out of your account anymore.
Yes, through TradingWagon which is the third-party.

@R1dwanRz, can you share the link to the announcement?

Binance's copy trading can only be accessed via a third party provider like Wunder Trading unlike other exchanges with 1 click copy trading feature.  Also no, not all exchange's copy trading features are centered on the futures market. Bitget introduced Copytrading for the spot market first before other exchanges.  
Source: https://www.vanguardngr.com/2023/02/a-step-by-step-guide-to-spot-copy-trading-with-bitget/#:~:text=In%20early%202023%2C%20Bitget%20took,service%20for%20the%20spot%20market.


I am new to copy trading but I'll love to give it a try. Does Bitget have a toturial on how to use copy trading on their platform?


It's on Bitget's official website:https://www.bitget.com/academy/Tutorial-For-Selecting-A-Trader-On-Bitget-Copy-Trade It seems to cover the basics of selecting a trader and understanding their performance. Definitely worth a read for anyone new to copy trading on Bitget.

Thank you for sharing, been following their updates. The CEX recently added new coins to their one-click copy trade.
108  Economy / Trading Discussion / Re: Is regulation of cryptocurrency exchanges essential for mass adoption? on: October 23, 2023, 09:43:38 PM
Exchanges cannot be really regulated as we ha e thought by the government because not all of them are centralized exchanges, another thing is that exchanges are not the ones affecting bitcoin, but some of the cryptocurrency projects they enlist to promote also affects them, people that don't understand the difference will always think that bitcoin is thesame as altcoins and therefore treat them equally, exchanges can't encourage for massive adoption than what bitcoin itself is doing to get people realize it uniqueness in financial economy.

Quote
exchanges can't encourage for massive adoption than what bitcoin itself is doing to get people

Maybe I am missing your main idea here, really. How is bitcoin encouraging massive adoption than what Exchanges are doing. Often, it is blockchain events, meetups, conferences etc hosted by Cryptocurrency Exchanges that really educate the masses about Bitcoin, blockchain, Cryptocurrency technology and how to get involved. I know of a top tier Exchange popular for its Copy trading as a platform that have been actively hosting tours to provide more user awareness. Or can you clarify the idea you've put here?
109  Economy / Trading Discussion / Re: Is regulation of cryptocurrency exchanges essential for mass adoption? on: October 21, 2023, 10:00:55 PM
I have to agree with you cos that's how I see bitcoin too. More businesses accepting and transacting with Bitcoin over the years will help normalize things! But since Bitcoin is not like paper money, more regulated Platform and Exchanges will need be available for swift transaction between individuals or organizations. I once saw a video of Bitget MD, talking about bridging the gap. They've been surviving most of the recent Regulatory issues, let's see how their vision pushed through.
We just need to wait to see how the regulations for crypto will be determined next. Because there are some countries that provide full regulations for the use of bitcoin, there are also those that only regulate it as a commodity. It still takes time for Bitcoin to be fully accepted, the reason is because it is decentralized because the government doesn't like it.

You're right! But one thing is sure, in the future blockchain technology & Cryptocurrency will win over the government. It's just a matter of time. Government simply want where they can exact control on citizen's finance like they do to fiats from the central banks. All we need is, more legitimate & trustworthy blockchain services providers at different levels - Exchange and otherwise, and enlightened Crypto users who will help make the work easier for these Exchanges to survive.
110  Economy / Trading Discussion / Re: Is regulation of cryptocurrency exchanges essential for mass adoption? on: October 21, 2023, 09:46:37 PM
We all know the benefits of regulation is to prevent scams/illicit activities on these exchanges. Although, some countries regulations might be abnormal or too strict for some exchanges. But I think there are some top, safe and well regulated exchanges that still operate in most of these countries which Binance and some other Top exchanges cease to operate. So, I don't think crypto can ever fade away.

I agree with you. Crypto will never fade away! The technology is here to stay! There seem to be something those top Exchanges are not telling us as to they are unable to comply with the Regulatory demands. Sometimes I think how CEX like Bitget and Kraken are surviving the Regulatory shakings. Regulatory demands are continuous process that requires diligence and adaptability. Not to be avoided!
111  Alternate cryptocurrencies / Altcoin Discussion / Re: Can ZTX make it to the Top Metaverse Tokens? on: October 21, 2023, 07:33:30 PM
I have been meaning to add a Web3 project to my portfolio. So I decide to DYOR which led me to the session for newly listed tokens on CoinMarketCap. That’s where I stumbled upon ZTX, a Web3 metaverse platform backed by Jump Crypto and ZEPETO, which apparently is the largest metaverse platform in Asia.

Looking at the fundamentals, features and utility of this project, I’m wondering if it has the potentials to make it to the top metaverse tokens.
Also putting into consideration that leading exchanges such as Bitget, Bybit, Gateio, Sushiswap and a few others already listed it.

Do you think the token is worth giving a shot?


It might be worth it but generally speaking, metaverses have taken a massive hit in popularity and in userbase aswell. Sandbox and Decentraland stand out right now but they both have so few users. Also the games there might have been considered "games" when it was 1998.
IF ZTX wants to have any chance, it has to have actual games. Also it has an edge in graphics (at least from what has been shown).

Talking about Games, you remind me of BigTime, a web3 gaming platform! It has made a good round of wave in the GameFi space, selling over $100 million in NFTs. I saw an update that it's becoming the most streamed web3 game on Twitch. Its native token, BIGTIME, has seen a rapid rise in market capitalization since its listing with some percentage rebate for investors on Bitget among other CEX. The token is providing an economic incentive for players and rewarding them for their time and effort. Despite being in its infancy, Big Time has already become a formidable competitor to established blockchain games like Axie Infinity, and its innovative gameplay has earned it numerous attention. Maybe you check that out along ZTX before you decide.
112  Economy / Trading Discussion / Join LIVE for the KCGI Trading competition Grand Finale Livestream on: October 20, 2023, 05:57:31 PM

Not sure how many of us Crypto traders & enthusiasts have actually Participated in a Crypto trading competition before!

I've been following this KCGI trading event for months now - The King's Cup Global Invitational (KCGI) is a global crypto trading competition hosted by one of the CEX, Bitget. This year's KCGI consisted of four major competitions: spot trading, futures trading, demo trading, and futures copy trading. The extended event has lasted for about two months and will be wrapping up with the grand finale spiced with a Livestream draw on Oct 26 8PM (UTC+8).

Since I have been following the event update myself, I felt I should share this here to see how many will be interested in watching the trading competition grand finale LIVE! Maybe that will help us judge if those trading events are worth the effort or it could serve as an encouragement to try similar event in future. Yeah, it comes with a catch from the host for those who'll be streaming this event live. It's a draw!

It's simple to Participate. Simply Subscribe to the trading competition host on Youtube, Like the livestream on the said date and Comment.

Participants and enthusiasts like me are looking forward to the lucky draw to crown the event. The live stream event will be viewable by all to witness the KCGI outcome. I feel it'll be a fun and exciting event and maybe you too could be hoping to be one of the lucky 25 viewers to share an incredible 5000 BGB prize pool.

See link for 👇livestream:

https://www.youtube.com/watch?v=Zpv6Qmc3WWw

The event: https://gleam.io/9pOvk/kcgi-livestream-giveway-5000-bgb-for-25-lucky-winners

Time to mark your calendars and set your heart racing - the grand finale livestream draw will unfold on October 26 at 8 PM (UTC+8)! 25 Lucky winners, just so you know!! Or what do you traders generally think of Crypto trading competitions? I'll appreciate those with experiences to share.
113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sora (XOR) - The Decentralized Autonomous Economy on: October 17, 2023, 10:16:31 PM
Over 2 million transactions now on the SORA Network!  Grin

I noticed SORA $XOR trading on Bitget and gaining more attention. I would just like to know how SORA project would execute further milestone
114  Economy / Trading Discussion / Re: Is regulation of cryptocurrency exchanges essential for mass adoption? on: October 17, 2023, 10:06:19 PM
I think that mass adoption of bitcoin depends more of business being open to it and folks like us spreading the word about how to use it.

Think in the first trades done by humanity, how they learning to trade goods and services, how they adopt money until the point that every body start to using and work for it...

It's kind of like a domino effect, you know? People learned, taught others, and before you knew it, everyone was on board and using it in their everyday lives. That's how I see Bitcoin too – if more businesses start accepting it and more people show others how it works, it could become a big part of our financial world just like money did back in the day.

I have to agree with you cos that's how I see bitcoin too. More businesses accepting and transacting with Bitcoin over the years will help normalize things! But since Bitcoin is not like paper money, more regulated Platform and Exchanges will need be available for swift transaction between individuals or organizations. I once saw a video of Bitget MD, talking about bridging the gap. They've been surviving most of the recent Regulatory issues, let's see how their vision pushed through.
115  Economy / Trading Discussion / Re: Gracy Chen appointment into Forbes business council: A win for crypto industry on: October 11, 2023, 03:22:22 PM
Is whatever that position is as 'special' as you're describing it? The moment I saw "Forbes", I was automatically unsure if it's something I should take seriously; knowing how much crap these media companies sometimes churn out.

I partly share your sentiment. Media companies have their way of spinning things up, mostly sharing the side of the stories they want us to hear.  But I've checked out Gracy's background inputs in contributing to Bitget Exchange's growth and by extension, the Blockchain Cryptocurrency space. Moving from being a TV host to an investor in Bitcoin in 2014 as claimed in her video I saw, to co-founding 2 fintech starts up. Her experience in market expansion & corporate Development displayed daily in her key responsibility in Bitget which has made the CEX to move from where it was before she joined to the top 5. futures trading platform and top 10 spot trading Cryptocurrencies Exchange. These could place her as a perfect candidate for such an appointment or we wait to have the caterion for appointment, right?
116  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: The Tightening Grip of Regulations on Cryptocurrency in the UK on: October 10, 2023, 01:43:12 PM
I thought the UK was expected to excel in both traditional finance and the crypto sector. It's disheartening to see them falling short of the extensive promises of blockchain technology. I have friends in the UK who are actively seeking similar alternatives, and I plan to share the options you mentioned with them. However, I'd like to inquire about your opinion on which of these alternatives is more suitable for beginners.

Talking about which is more suitable for a beginner, I'll recommend using exchanges that are compliant with all applicable laws and regulations especially if you're in the UK so you won't get trapped! Then go for a platform that you can easily navigate - beginner friendly, and strong security. I personally use Coinbase and Bitget often, yet when introducing my younger friends to trading, they're more comfortable using Bitget. Beginners can explore that option for a start to see how it goes with them


117  Alternate cryptocurrencies / Service Discussion (Altcoins) / The Tightening Grip of Regulations on Cryptocurrency in the UK on: October 09, 2023, 09:29:13 AM
The UK has tightened their regulations on Cryptocurrency which has impacted the web3 space and the onboarding process in particular. I feel if the government could even control the use of the internet in they would setup an even stricter rules. Two recent examples include Chase's decision to no longer allow cryptocurrency purchases due to concerns about fraud risks associated with digital tokens and Bybit's announcement of suspending their UK services in response to pending rules from the Financial Conduct Authority.

While these clampdowns have caused concern for users globally, there are alternative options available for UK users that include Bitget, Coinbase, eToro, CoinJar, and Tap Fintech. These options offer a wide range of compliant, regulated, and licensed services, and Bitget even had her recent UK Tour to solidify presence and network for a good business play ground.

If there are any noteworthy alternatives within this region or elsewhere, I'm interested in hearing critiques and opinions on these options, particularly in terms of online payments, debit card services, cost-effectiveness, and efficiency.
118  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Wall Street Memes on: October 06, 2023, 04:38:23 PM
It's that same greed that have elevated some that still leads to the downfall of many. If you want to be greedy as regarding to memes tokenisation your greed has to be followed with experience and a bunch of reliable informations within your reach. The popularity of memes are gained out of the excitements of social media users towards it and that's what makes them much riskier to nose-dive with your investment without a guide.

You're right but it's not as if those excited social media users are ignorant of the risk involved in investing in meme tokens. In fact there's a philosophy I read today associated with this, stating that "No risk, No gain!".
Wall Street memes $WSM was recently listed on Bitget Swap and I bet it was based on popular demand from investors who suggested it to be listed. Some of us may have suggested a more stablecoin. But that's fine! On the other hand, you already know that Meme coins are often low-cost investments, meaning that investors can purchase large amounts of coins with a few dols they can afford to lose. and if you're early enough, the few dols could make you a fortune.
119  Economy / Exchanges / Re: Subaccounts in Bitget on: October 03, 2023, 08:12:11 PM
We always have the option of deleting the subaccounts. So what if we use the 20 subaccounts (to get different deposit address each time) and once used, we delete the subaccount and make a new one ? I never try this because i haven't made all the 20 sub accounts, but if we delete a subaccount, its deposit address is lost and then when we create another subaccount (after the 20th), it will generate a new set of addresses ?
If anyone can confirm this ?

I repeat once again: the presence and number of subaccounts does not affect the number of addresses for deposits. These are in no way related things. Addresses for deposits are generated only in the main account; you cannot generate addresses in sub-accounts, you can only distribute cryptocurrencies to your sub-accounts, which do not have separate addresses.

First of all, I am new to bitget but used subaccounts in FTX for  some time. So if your statement is true, then FTX subaccounts behave in a different manner.

Sorry but if i understand your wording correctly, you are saying that the address for deposit are generated only in main account. We can give our main account address to any person to deposit.

And the 2nd part states that we can only distribute cryptocurrencies to sub wallets but we cannot deposit on those sub account addresses from outside ?

Well, i used FTX before and there i gave my subaccounts bitcoin deposit addresses to different clients and they successfully deposited.

The thing is this, you can use your main account to transfer assets between sub-accounts. But, the sub-account itself cannot perform such internal transfer.

You are not allowed to withdraw assets from the sub-account directly. Withdrawals are only possible after moving assets from sub-accounts to their main accounts. Asset transfers between sub-accounts and third-party accounts are not supported now


120  Economy / Exchanges / Re: Subaccounts in Bitget on: October 03, 2023, 12:31:30 AM
I created two subaccounts in bitget (https://www.bitget.com/) using the virtual emails (the one that appears by default).

So now i get different deposit addresses for every sub account in bitget. So i want to know that these address will always be different and will link to the wallet or completely separate ?

For example, in the Electrum wallet, we can create many BTC addresses but those are linked to each other in the same wallet. Similarly, the subaccount's wallet deposit addresses are linked too ?

Bitget allows you to create 50 different addresses for each cryptocurrency. As far as I remember, in sub-accounts there is no possibility of creating a deposit address; there is the possibility of transferring assets between accounts. You can create different addresses within your main account and they will not overlap. Exchanges operate using a completely different algorithm than wallets. They can be used as a mixer.

For example, you have an address on an exchange, you send your cryptocurrency there, and if you want to withdraw cryptocurrency from this address, then your exchange address will never appear in the transaction. The exchange withdraws your funds from its hot wallets. And addresses on the exchange are only needed to deposit your coins.

Not sure the last time you confirmed the number of sub-accounts allowed on each Bitget main account. Last I checked, each main account can support only up to 20 sub-accounts. One is not allowed to withdraw assets from the sub-account directly. Withdrawals are only possible after moving assets from sub-accounts to their main accounts.
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