Trade on Bitget using Axon Trade FIX API

Trading

The trading session offers a rich set of commands for building a reliable trading application, strategy, or platform. You can open, cancel, or modify orders, request open orders, balances, and positions, and receive notifications in real-time about trading-related events.

List of supported FIX commands on Bitget:

NewOrderSingle

OrderCancelRequest

OrderCancelReplaceRequest

RequestForPositions

MassOrderStatusRequest

TradingSessionStatus

Market Data

Axon Trade also provides real-time normalized market data from Bitget in FIX 4.4 format. The data contains full book updates (L2) + trades and is presented as a full book snapshot followed by a series of incremental updates.

Bitget is a global cryptocurrency exchange known for its extensive trading options, robust security features, and advanced trading tools. Launched with a focus on high liquidity and versatility, Bitget supports over 800 cryptocurrencies, offering an ideal platform for both new and experienced traders. The platform provides access to spot trading, margin trading, futures, perpetuals, and crypto leveraged tokens, making it a comprehensive choice for diverse trading needs. Bitget also supports a maximum leverage of up to 125x on certain pairs, appealing to users who employ more aggressive trading strategies.

Key Features of Bitget

• High Liquidity and Extensive Selection: With over 800 coins and a significant trading volume, Bitget offers high liquidity, making it suitable for large trades and quick execution.

• Copy Trading: As the first and largest platform to offer copy trading, Bitget allows users to follow and replicate the strategies of successful traders, a feature that benefits both beginners and seasoned investors.

• Protection and Security: Bitget places a strong emphasis on fund safety, with a US$300 million Protection Fund and a reserve ratio of 163%, which is independently verified through monthly Proof of Reserve reports.

• Educational Resources: Through Bitget Academy, the platform educates users on blockchain and trading topics, including fraud prevention, market analysis, and general crypto knowledge.

Trading Instruments on Bitget

Bitget provides a variety of trading instruments designed to accommodate a wide range of trading styles:

• Spot Trading: The platform’s spot market enables straightforward trading with real-time price execution.

• Margin Trading: For those interested in leveraged trading, Bitget offers margin trading with a leverage option up to 3x.

• Futures and Perpetuals: Bitget’s futures market supports leverage up to 125x, appealing to high-stakes traders, while perpetual contracts allow for continuous trading without an expiration date.

• Leveraged Tokens: Traders can opt for leveraged tokens for amplified exposure without the complexities of margin requirements or liquidation risks.

User Protection and Security

Security is a key focus for Bitget. The platform is regulated in Poland, Lithuania, and Italy and adheres to strict compliance standards. It offers comprehensive fraud prevention measures, including collaborations with security firms like Certik and Sumsub, and an advanced risk control system. Bitget maintains a high level of transparency by publishing monthly Proof of Reserve reports and offers a robust insurance fund to protect users against unforeseen losses. The 163% reserve ratio and US$300 million Protection Fund underscore Bitget’s commitment to safeguarding user assets.

Account Options and Accessibility

Bitget provides multiple account options, catering to different types of users:

• Main and Subaccounts: Ideal for individual and professional traders, with segregated accounts for additional security.

• Demo Accounts: New traders can use demo accounts to practice without risking real funds, which is especially beneficial for gaining confidence in the market.

• Managed Accounts: Available for users who prefer to have professionals manage their trading activities.

Bitget’s mobile app for Android and iOS and its web-based platform allow traders to execute trades and monitor market activity anytime and anywhere. However, a dedicated desktop app is not currently available.

Trade on Bitget with Axon Trade

Integrating with Axon Trade, Bitget traders can elevate their trading experience through professional-grade tools. Axon Trade’s FIX API provides seamless and efficient access to Bitget’s markets, enabling fast order execution—a key advantage for institutional clients and high-frequency traders. Axon Trade’s advanced market data, normalized in real-time, enhances Bitget users' decision-making with timely insights, making it easier to execute strategic trades.

For those managing diverse portfolios or engaging in margin and futures trading, Axon Trade’s comprehensive order and position management tools complement Bitget’s diverse offerings. The synergy between Bitget’s extensive asset selection and Axon Trade’s trading infrastructure allows users to leverage sophisticated functionalities in a secure and user-friendly environment, making it an ideal choice for both individual and institutional clients.

Conclusion: Bitget combines a broad selection of cryptocurrencies, low fees, and advanced features to create a robust platform for crypto trading. Its commitment to security, transparent operations, and extensive educational resources make it a compelling option for traders looking to maximize their investments in a well-supported environment. With Axon Trade integration, Bitget users can further enhance their trading efficiency and gain a competitive edge in the market.