How to Trade Crypto on Bitget

Jun 25, 2024

Cryptocurrency trading has revolutionized the financial landscape, offering individuals worldwide the opportunity to participate in the digital asset market. Bitget, a leading platform in the crypto space, provides traders with a powerful toolkit to engage in efficient and profitable trading activities. This comprehensive guide will walk you through the process of trading cryptocurrencies on Bitget, empowering you to navigate the markets with confidence and expertise.

How to Open a Trade on Bitget (Web)

Key Takeaways:

Bitget offers two primary types of trading products — Spot trading and Derivatives trading.
Under Derivatives trading, you may choose between USDT-M Futures, Coin-M Perpetual Futures, Coin-M Settled Futures, and USDC-M Futures.

Step 1: Head over to the Bitget homepage, and click on Trade → Spot Trading on the navigation bar to enter the Spot Trading page.

Step 2: on the left side of the page you can see all trading pairs, as well as the Last Traded Price and 24-hour change percentage of the corresponding trading pairs. Use the search box to enter the trading pair you want to view directly.

Tip: Click Add to Favorites to place frequently viewed trading pairs in the Favorites column. This feature allows you to select pairs for trading easily.

Place Your Order

Bitget Spot trading provides you with many types of orders: Limit Orders, Market Orders, and Take Profit/Stop Loss (TP/SL) Orders...

Let’s take BTC/USDT as an example to see how to place different order types.

Limit Orders

1. Click on Buy or Sell.

2. Select Limit.

3. Enter the order price.

4. (a) Enter the quantity/value of BTC to buy/sell
or
(b) Use the percentage bar

For example, If you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you can choose 50% — to buy 5,000 USDT equivalent of BTC.

5. Click on Buy BTC or Sell BTC.

6. After confirming that the entered information is correct, click the "Confirm" button.

Your order has successfully been submitted.

Market Orders

1. Click on Buy or Sell.

2. Select Market.

3. (a) For Buy Orders: Enter the amount of USDT you want to buy BTC.
For Sell Orders: Enter the amount of BTC you want to sell.
Or
(b) Use the percentage bar.

For example, if you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you can choose 50% to buy 5,000 USDT equivalent of BTC.

4. Click on Buy BTC or Sell BTC.

5. After confirming that you’ve entered the correct information, click the "Confirm" button.

Your order has been filled.

Tip: You can view all orders under the Order History.

TP/SL Orders

How to Open a Trade on Bitget (App)

Spot Trading

Step 1: Tap on Trade at the bottom right to enter the trading page.

Step 2: Choose your preferred trading pair by tapping on the Spot trading pair in the upper left corner of the page.

Tip: Click on Add to Favorites to place frequently viewed trading pairs in the Favorites column. This feature allows you to select pairs for trading easily.

There are three popular types of orders available with Bitget Spot trading — Limit Orders, Market Orders, and Take Profit/Stop Loss (TP/SL) Orders. Let’s take a look at the steps required to place each of these orders by using BTC/USDT as an example.

Limit Orders

1. Click on Buy or Sell.

2. Select Limit.

3. Enter the order price.

4. (a) Enter the quantity/value of BTC to buy/sell,
or
(b) Use the percentage bar

For example, If you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you can choose 50% — to buy 5,000 USDT equivalent of BTC.

5. Click on Buy BTC or Sell BTC.

6. After confirming that the entered information is correct, click the "Confirm" button.

Your order has successfully been submitted.

Market Orders

1. Click on Buy or Sell.

2. Select Market.

3. (a) For Buy Orders: Enter the amount of USDT you want to buy BTC.
For Sell Orders: Enter the amount of BTC you want to sell.
Or
(b) Use the percentage bar.

For example, if you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you can choose 50% to buy 5,000 USDT equivalent of BTC.

4. Click on Buy BTC or Sell BTC.

5. After confirming that you’ve entered the correct information, click the "Confirm" button.

Your order has been filled.

Tip: You can view all orders under the Order History.

TP/SL Orders

1. Click on Buy or Sell.

2. Select TP/SL from the TP/SL drop-down menu.

3. Enter the trigger price.

4. Choose to execute at the Limit Price or Market Price
— Limit Price: Enter the order price
— Market Price: No need to set the order price

5. According to different order types:
(a) Enter the amount of BTC you want to buy
Or
(b) Use the percentage bar

For example, if you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you can choose 50% to buy 5,000 USDT equivalent to BTC.

6. Click on Buy BTC or Sell BTC.

7. After confirming that you’ve entered the correct information, click the "Confirm" button.

Your order has successfully been submitted. Please note that your asset will be occupied once your TP/SL order is placed.

Tip: You can view all orders under the Open Order.

Note: Please make sure that you have sufficient funds in your Spot Account. If the funds are insufficient, traders who use the web can click on Deposit, Transfer, or Buy Coins under Assets to enter the asset page for deposit or transfer.

Derivatives Trading

Step 1: After logging into your Bitget account, tap "Futures".

Step 2: Pick the asset you wish to trade or use the search bar to find it.

Step 3: Fund your position by using a stablecoin (USDT or USDC) or cryptocurrencies like BTC as collateral. Select the option that aligns with your trading strategy and portfolio.

Step 4: Specify your order type (Limit, Market, Advanced limit, Trigger, Trailing stop) and provide trade details like quantity, price, and leverage (if needed) based on your analysis and strategy.

While trading on Bitget, leverage can amplify potential gains or losses. Decide if you want to use leverage and choose the appropriate level by clicking "Cross" at the top of the order entry panel.

Step 5: Once you’ve confirmed your order, tap "Buy / Long" or "Sell / Short" to execute your trade.

Step 6: After your order is filled, check the "Positions" tab for order details.

Now that you know how to open a trade on Bitget, you can kick-start your trading and investing journey.

Conclusion: Thriving in Crypto Markets with Bitget

In conclusion, trading cryptocurrencies on Bitget offers a wealth of opportunities for both novice and experienced traders alike. With its user-friendly interface, advanced trading features, and robust security measures, Bitget provides a reliable platform for engaging in the dynamic world of crypto markets. By following the steps outlined in this guide and leveraging the tools and resources available on Bitget, you can elevate your trading experience and unlock the full potential of digital assets. Embrace the future of finance with Bitget and embark on your journey to crypto success.