Is Bitget a formal trading platform?

Demonstrating its legitimacy and compliance, Bitget operates under licenses and regulations in jurisdictions including Singapore, Australia, the United States, Canada, Dubai, France, Italy, and Estonia.

Sep 30, 2024 at 06:53 pm

Is Bitget a Formal Trading Platform?

Yes, Bitget is a formal and regulated trading platform operating under the following licenses:

1. Singapore:

• Capital Markets Services (CMS) License from the Monetary Authority of Singapore (MAS)

2. Australia:

• Australian Financial Services License (AFSL) from the Australian Securities and Investments Commission (ASIC)

3. United States:

• Money Transmission License from the FinCEN (Financial Crimes Enforcement Network)

4. Canada:

• Money Services Business (MSB) License from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

5. Dubai:

• Virtual Asset Regulatory Authority (VARA) License for its entity Bitget Technology (Dubai) Limited

6. France:

• Registered with Autorité des Marchés Financiers (AMF)

7. Italy:

• Registered with Organismo Agenti e Mediatori (OAM)

8. Estonia:

• Crypto Asset Service Provider (CASP) License from the Estonian Financial Intelligence Unit (FIU)

Additional Compliance Measures:

• Adheres to Know-Your-Customer (KYC) and Anti-Money Laundering (AML) regulations globally.
• Implements multi-layer security measures to protect user accounts and assets.
• Has undergone independent audits to ensure transparency and regulatory compliance.
• Bitget is fully insured against cybersecurity risks.

Conclusion:

Bitget is a formal trading platform that holds multiple licenses and adheres to strict compliance standards in various jurisdictions. This demonstrates the platform's legitimacy and commitment to operating safely and transparently. Traders can feel confident using Bitget for their cryptocurrency trading activities.