Bitget Onchain Beginner's Guide

Basics

What is Onchain?

Bitget Onchain is a real-time platform for discovering, analyzing, and trading trending on-chain tokens. It removes the complexity of typical Web3 tools, making it easier and safer to access early-stage, high-potential tokens — all powered by Bitget's trusted infrastructure.

How to fund your Onchain trades

Onchain trades are executed using crypto assets (such as USDT) in your spot account (or funding account if you're using a unified account). When your account balance is insufficient, you can transfer funds from other Bitget accounts to your spot account, or deposit assets from an external wallet or exchange into your Bitget spot account (or funding account if you're using a unified account).

Buy and sell

Buy and sell

Buy and sell are the core actions in Onchain trading. Buy using a stablecoin (like USDT) or other assets to acquire your target cryptocurrency. Sell by converting your held cryptocurrency into another asset.

Tap the edit icon below the input field to set custom preset amounts for faster order placement. Once set, you can tap to instantly fill in commonly used amounts.

Note: Onchain trades are settled directly on the blockchain, not within the Bitget platform. This means transaction speed and accuracy depend on the blockchain network and the status of the decentralized exchange. Price fluctuations may lead to differences between the quoted price and the execution price.

Market/limit order

Bitget supports multiple order types, including market orders and limit orders. Market orders are executed immediately at the current market price and are ideal for swift trades. Limit orders allow you to set a target price. Once the market hits this price, the order is submitted as a market order to the blockchain. Since limit orders are triggered and submitted as market orders, the final execution price may differ from your preset limit.

Placing a market order

On the order page, market order is selected by default. Choose the trading pair and order type, enter the quantity and price, then confirm and submit the order. Ensure your account has sufficient balance and check market depth to help ensure successful order execution. Bitget provides a beginner-friendly interface for placing orders easily.

Placing a limit order

Tap Market and select Limit in the pop-up window. After selecting your trade direction, enter the order amount or quantity and set a trigger condition (such as a percentage price drop). Then confirm to place your limit order.

Once submitted, your limit order appears on the order list. When the trigger condition is met, the order will be executed on-chain at your preset price, subject to slippage. The actual execution price may vary from your original limit price.

Fee structure

Network fees

Unlike spot or futures trading, Onchain trades require an extra network fee, commonly known as a gas fee. This fee is paid to blockchain miners or validators for processing transactions and securing the network. Network fees can vary significantly depending on the time and the blockchain used. Bitget does not collect this fee — it goes directly to the blockchain miners and validators.

Transaction fee

Similar to spot and futures trading, Bitget charges a percentage-based transaction fee on the trade amount. This fee helps maintain platform operations.

Tax

Some assets include an extra tax fee, set by the token developers. This fee is charged during buys or sells and is paid directly to the developers. Tax rates may vary between buying and selling. High tax rates may significantly reduce the amount you receive, so be sure to check the tax rate before trading.

Priority mode

What is slippage?

Once a buy or sell order is submitted on-chain, it executes at the market price, which can fluctuate under volatile conditions. Slippage is the percentage difference between the expected and actual execution price of an order, and it often increases during periods of high market volatility. Bitget allows users to set slippage tolerances to control the final execution accuracy. For example, if you set a maximum slippage tolerance of 2%, your trade will only execute if the final price deviates by no more than 2%. Setting a relatively low slippage tolerance in a volatile market may cause orders to fail frequently and remain unfilled.

Mode selection

When the blockchain network is congested, miners or validators tend to process transactions with higher network fees first. If your transaction uses a low network fee, it may be delayed or even fail during busy periods. Priority mode allows you to increase your network fee to improve the chances of fast confirmation — ideal during periods of heavy network traffic. Bitget offers three priority settings: Success rate priority, price priority, and custom, allowing users to choose based on their preferences. Note that each mode comes with different slippage and network fee settings.

Advanced settings

Pre-set TP/SL

When placing a market or limit buy order, you can set a take-profit (TP) and stop-loss (SL) in advance. Simply check the TP/SL box and enter your desired trigger prices. Once the market or limit buy order is filled, Bitget will automatically place TP/SL orders based on the filled quantity and your preset trigger levels. If the buy order fails to execute, no TP/SL orders will be created.

These orders use system-recommended slippage by default. During sharp price swings, the execution price of your TP/SL orders may differ slightly from the trigger price.

Position TP/SL

If you already hold an Onchain asset, you can set TP/SL directly from the positions page. The order quantity dynamically tracks your current position size, helping you lock in profits or limit losses during market volatility.

Recover cost at 2x

Recover cost at 2x allows you to lock in your principal once the price doubles. When enabled from the positions page, a TP order is automatically placed for half of your position. The TP quantity updates in real time to reflect 50% of your current holdings, with the target price fixed at 2x your average entry price. This TP order can be canceled but not edited.

Flash sell

Flash sell allows you to instantly sell your entire position with one tap — ideal for locking in profits quickly. It's a fast and efficient way to exit a position during fast-moving market conditions.