Bitget is a cryptocurrency derivatives exchange established in Singapore in 2018.

Then, in July 2020, the game company SNK invested 10 million dollars, and it is now a cryptocurrency exchange with a valuation of about 1 billion dollars.

Derivatives are a general term for the following transactions:

Bitget also allows these derivative transactions.

With the conventional method of trading virtual currencies, if the price of the virtual currency goes up, profits will be generated, and if the price goes down, losses will be generated.

On the other hand, derivatives trading is a trading method that can generate profits when the price of cryptocurrencies is rising or falling.

However, the knowledge that can read the price fluctuation of virtual currency is required.

Copy trading is a trading method that imitates someone's trading method.

Since the person who copies the trade is a professional trader, you can do the same trading method as a professional even if you are a beginner and have little knowledge of cryptocurrencies.

In Japan, few people are doing it, but it is a trading method that many people are already doing overseas.

I will explain copy trading in more detail later in this article.

Since Bitget is an overseas cryptocurrency exchange, you do not need to verify your identity until you make a withdrawal operation. You can open an account at the time of initial registration only with your email address or phone number, so it is relatively easy to open an account.

We will explain how to open an account in detail later.

One of the merits of Bitget is that risk management is thorough. And especially in terms of security, it is considered that A +, which is the highest rank in the 12SSL standard, has been acquired.

For traders who want to apply high leverage and traders who are new to leverage trading, it is often necessary to trade on overseas cryptocurrency exchanges instead of domestic cryptocurrency exchanges.

Although Bitget is an overseas virtual currency exchange, it also supports the Japanese so that you can operate it with confidence.

As I have mentioned several times, Bitget does not support deposits and withdrawals in the Japanese Yen because it is an overseas cryptocurrency exchange.

The cryptocurrency that supports deposits with Bitget The leading cryptocurrency brands that support deposits in Bitget are as follows.

As I mentioned earlier about copy trading, it is easy to make a profit if you use the copy trading function. Still, on the other hand, there is a possibility that you will incur that much loss.

Cryptocurrency prices are constantly changing, so they can rise significantly and vice versa. If the price drop exceeds your current assets, a loss cut will occur, and you will be forced to settle.

Since many traders who trade cryptocurrencies live overseas, they may automatically place a copying order in the middle of the night and lose money.

Therefore, it is advisable to set a small amount of leverage and the number of positions when using copy trading at the beginning.

Bitget offers the following products as products that handle virtual currencies.

A USDT contract is an indefinite futures contract that uses USDT as a margin.

USDT is one of the stable coins of the virtual currency provided by Tether.

Traders make deposits with USDT as margin and trade, and all losses and profits are converted into USDT.

A currency standard contract is an indefinite futures contract that uses virtual currency such as Bitcoin as a margin.

And Bitget offers not only indefinite futures trading but also physical trading. In-kind trading means that, for example, in the case of Bitcoin, you can trade the actual Bitcoin at the market price as it is.

First, access this Bitget official website and click "Register" at the top right of the screen.

Then, enter the required items on the next screen, such as your email address and password, and click "Register Now".

The email verification code screen will appear. Enter the code you received via email and click "Registration Complete".

Then, the screen will automatically move to the Bitget account top screen, so registration is complete.

Click on the user icon at the top right of the Bitget account top screen.

Then, it will display the "The account information screen", so click "Authentication".

Click "Certification" for other countries / regions.

Enter the required information, upload your ID, such as a driver's license, and click "Submit" to complete the identity verification on the next screen.

Click on the user icon at the top right of the Bitget account top screen.

Then, it will display the "The account information screen", so click "API Management" on the left side of the screen.

On the API settings screen, click Create New API.

Before creating the API, you may be taken to the security setting screen. In that case, you need to make the API after performing Google authentication.

Click the "Google Authenticator" setting.

Install it in advance if you have not installed the "Google Authenticator" smartphone app.

Scan the displayed QR code with "Google Authenticator", enter the verification code, and click "Send".

On the next screen, enter the email verification code you received in the email and click "Finish" to complete Google verification. Now, let's go back to the API settings.

After entering the required information such as the passphrase and email verification code on the new API creation screen, click "Next". In addition, I think it is good to make the passphrase etc., easy to understand when you check it yourself later.

Click "Finish" on the creation completion screen to complete the API creation.

Click "Assets" at the top right of the Bitget account top screen.

Click the deposit button in the blue part in the centre of the screen.

Select the cryptocurrency brand to deposit.

After that, make a deposit using either the displayed deposit address or the deposit QR code, and you're done.

The withdrawal method is almost the same as the deposit method.

First, click "Assets" at the top right of the Bitget account top screen for withdrawals.

Click the withdrawal button in the blue part in the centre of the screen. Enter the required items, such as the brand of virtual currency you want to withdraw, the withdrawal quantity, and the withdrawal destination, and click "Send" to complete the withdrawal operation.

Bitget charts are simple, and even beginners can use them without hesitation.

Bitget also has a smartphone app. It also supports Japanese, so you can easily trade and check price movements at any time.

Bitget's copy trading function seems to be a hot topic among Bitget users. I think it is attractive to trade at the same level as professional traders.

Bitget's chart screen has a simple and easy-to-understand structure, but it seems that it may be unsatisfactory for experienced traders because of its simplicity.

The simple chart screen has pros and cons, but I think it is easy for beginners to operate.

It can do registration and other operations easily, so why not consider using Bitget concerning this article?