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Reliability Score · methodology v1.0 · updated 2026-10-04

Bitget: 74/100

Score over time

73 – 74 across 324 daily readings since 2026-06-23. The burgundy point is today.

Score breakdown

Withdrawal reliability weight 25%

100

Why 100

No recorded withdrawal halts or freezes within the 24-month decay window.

Proof of reserves weight 20%

80

Why 80 · 2 sources

Monthly self-published Merkle-tree PoR since 2023 with an open-source verification tool; Oct 2025 ratios BTC 307% / USDT 105%. No independent attestation documented.

source 1 · source 2

Regulatory standing weight 20%

45

Why 45 · 2 sources

No MiCAR licence yet: FMA (Austria) application pending, EU HQ in Vienna with an EU CEO appointed Jan 2026; states it will not serve EEA customers until authorised. ASIC investor alert (unlicensed futures) and Japan FSA unregistered-exchange warnings are active.

source 1 · source 2

Security history weight 15%

87

Why 87 · 1 source

1 recorded security incident within the 24-month window, weighted by severity, recency and reimbursement.

source 1

Support quality weight 10%

40

Why 40 · 1 source

Trustpilot 2.0/5 (~2,200 reviews, 2026-06-10) as a complaint-pattern proxy.

source 1

Operational maturity weight 10%

70

Why 70 · 1 source

Founded 2018; top-10 spot / top-tier derivatives venue with a $500M protection fund. The April 2025 VOXEL market-making-bot malfunction was contained with rollbacks within 24h (see incident timeline).

source 1

Incident timeline · facts with dates

  • 2025-04-20

    Security · sev 3

    What happened · sourced

    On 2025-04-20 a malfunction in Bitget’s own market-making bot on the VOXEL/USDT perpetual was exploited (~$100M extracted); irregular trades were rolled back within 24h with a compensation plan, and legal action was taken against eight accounts.

    source

Sources & method: Method → · All exchanges: /exchanges

More on Bitget: hidden spread · withdrawal fees · move check: BTC→Bitcoin · ETH→Ethereum · ETH→Arbitrum One

Head to head: vs Binance · vs Bitpanda · vs Bitstamp · vs Bitvavo · vs Bybit

Not investment advice. Skontro is not a CASP under MiCAR. Reliability Scores are information, not recommendations: every negative datapoint is dated and sourced, the methodology is public, and no exchange can pay to change a score.