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Is Bitget prohibited in France?
The situation of the Bitget platform in France raises many questions among traders and investors in crypto . Is Bitget The answer is not so simple. Although the Bitget application remains fully functional and the site is always accessible from France, the Exchange appears on the black list of the Authority of the Financial Markets (AMF) . This does not formally prohibit its use, but it means that it is not recorded as a service provider on digital assets (PSAN) with the French authorities.
This status raises several crucial issues:
What are the risks to use Bitget for its trades ?
Why Bitget attract as many investors , despite this regulatory dismissal?
Is it prudent to continue using copy trading , buy the available tokens trading spot interface offered by the Bitget platform , in this context?
In this article, we clarify the current legal position of Bitget in France, let us explore the features which continue to seduce French -speaking users and propose alternative solutions for those who wish to invest in cryptocurrencies with a more supervised framework.
Table of contents
Bitget prohibited in France? Consequences of his registration on blacklist
1️⃣ Bitget cannot legally offer its services to French residents
The AMF (Autorité des Marchés Financiers) has scored Bitget on its black list Crypto platforms not respecting the legal obligations imposed on the exchanges of Cryptomonnaies operating in France. This decision relates in particular to services such as copy trading , trading in future , or certain risk management deemed incompatible with the French regulatory framework.
To be able to legally offer its services to French traders or , a platform must be registered as a service provider on digital assets (PSAN) with the AMF. However, Bitget has never obtained this recording, which means that it cannot actively penalize or solicit customers in France.
In theory, this means that French users should neither be able to register, nor file funds there to carry out trading operations on cryptos . However, the absence of technical blocking at the FAI level still leaves open access to the platform, which maintains a gray area in which some continue to use Bitget .
2️⃣ Why would Bitget in France be prohibited "in theory"?
The AMF does not have the technical means to prohibit access to Bitget or completely prevent French users from depositing funds there. Unlike banking regulators, who may impose direct restrictions on financial institutions , the AMF cannot directly block transactions between Bitget and its customers .
🔹 No legal prohibition for Bitget users in France
No law in France directly prohibits individuals from using a platform placed on the AMF black list . The ban applies mainly to the platform itself , which cannot officially operate in France .
This means that French users are not illegal by accessing Bitget . The only possible legal sanction would target Bitget directly, not its customers . As long as Bitget does not have an entity in France , it remains difficult for the French authorities to initiate prosecution against the platform.
🔹 No direct control over Bitget 's international means of payment
The AMF cannot prohibit the use of foreign means of payment Bitget account . It is therefore always possible to feed an account via:
- Cryptocurrencies transferred from another portfolio.
- Banking transfers via foreign banks or French banks that do not impose restrictions.
- Prepaid cards and third -party services.
However, some French banks can block transactions to Bitget . These restrictions vary according to banking establishments and are not systematic .
3️⃣ Bitget cannot advertise in France
One of the main AMF levers to limit the impact of Bitget in France is the total ban on promotion on the territory.
How does the AMF apply these prohibitions?
✔️ Bitget advertisements in France
The AMF monitors advertising campaigns on Google, YouTube, Tiktok, Instagram and other platforms. She can request the deletion of illegal ads promoting Bitget .
✔️ Sanctions against influencers and media
French influencers and media who promote Bitget major financial proceedings and financial sanctions Several content creators have already been sanctioned for illegal promotion of unregulated platforms .
✔️ Request for deleting illegal content
if a website, blog or forum based in France promotes Bitget , the AMF may require the host that it deletes the content .
✔️ Blocking paid advertising campaigns
for companies like Google and Meta (Facebook, Instagram) already restrict the promotion of non -PSAN platforms .
What are the best alternatives to Bitget in France?
Gate.io not being accessible in France due to the absence of PSAN approval, several regulated platforms allow French residents to trader cryptocurrencies.
Bitvavo
For European residents, we recommend Bitvavo in particular. This platform offers:
- Very competitive costs (maximum 0.25 % on the platform for beginners and even 0.05 % max on USDC pairs of the Pro Platform).
- Very rare applied spreads and explicitly mentioned if necessary, including on the beginner interface.
- Over 350 cryptocurrencies available.
- An environment regulated and registered with European financial authorities.
- A simplified interface for beginners.
- The possibility of making free deposits in euros by bank transfer or SEPA.
- Excellent security with partial insurance on funds in the event of a problem.
Alternative to Bitget in France: Investing in crypto without going through a centralized exchange
If you want to fully avoid the risks linked to centralized platforms, the best alternative is to buy your cryptocurrencies and store them directly on a cold wallet like Ledger or Trezor . Unlike software portfolios (Metamask, Trust Wallet , Exodus), these physical wallets guarantee you an optimal level of security by isolating your private outlet keys.
✔️ Maximum safety - Your assets are protected from hacks and unauthorized access.
✔️ Total control - You are the only one to have the key to your funds.
✔️ Compatible with the DEFI - Safety interact with the DApp S staking platforms , and other web 3 .
Do you want to get into the world of cryptocurrencies but don't know where to start? We have designed a clear, illustrated and educational , which accompanies you step by step with accessible explanations and detailed screenshots.
Divided into two main parts , this guide will allow you to learn to use a centralized exchange to buy your first active ingredients, then manage a decentralized portfolio to secure and hold your cryptos independently.
What you will learn:
✔ Buy your first cryptocurrencies - a detailed tutorial to start well on a centralized exchange platform.
✔ Secure your transactions - good practices to buy, sell and exchange cryptos while minimizing risks.
✔ Understand the stablecoin s - their usefulness, their differences and how to use them to stabilize your funds in case of volatility.
✔ Master a decentralized portfolio (DEFI) - Learn to manage your assets without intermediary and to interact directly with the blockchain.
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✔ Explore decentralized finance (DEFI) - Discover advanced concepts such as staking and NFT , and optimize your investment strategies.
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Is Bitget still accessible in France?
Risks related to the use of Bitget in France
Despite all the features of Bitget , using the platform from France includes several significant risks, which French investors must know before carrying out trading operations . Although Bitget Has put forward its tools such as Copy Trading Futures or its diversity in cryptos , these features are not accompanied by any local regulatory guarantee.
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No recourse in the event of a dispute : Bitget being registered at Seychelles , if your account on Bitget is blocked or if you are the victim of a loss of funds, there is no legal support in France . Investors cannot use the AMF or a local competent authority .
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Risk of increased restriction : The uncertain status of Bitget on the regulatory level means that new limitations could be imposed. The AMF could, for example, require internet access providers that they block or restrict access to the site, which would complicate connections from France.
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Account blocking without clear warning : several users reported that their account had been frozen for "suspicious activities", without detailed explanation from the platform. This increases uncertainty for those who regularly carry out trading operations or manage large cryptos .
In summary, even if Bitget Offer powerful features , the platform has significant structural risks for French investors , in particular in the event of conflict or dispute. It is also important to note that Bitget Wallet when it works as a non-custodial portfolio , which means that, unlike the main account of the platform, you keep the total control of your funds , an essential distinction for users concerned for safety and sovereignty over their cryptos.
What are the risks for those who promote Bitget in France?
For French influencers and media
🔸 Fines up to several hundred thousand euros in the event of illegal promotion.
🔸 legal proceedings if the AMF considers that promotion encourages the use of an unregulated platform.
🔸 Suspension of advertising accounts on platforms like Google, Facebook and Tiktok.
For French users
🔸 No legal recourse : in the event of a dispute with Bitget , it will be difficult to obtain a resolution by legal means in France.
⚠️ Being on a blacklist does not necessarily mean that Bitget is a scam . This simply indicates that the platform does not comply with regulatory obligations in France and cannot therefore operate legally.
Black list in France vs. PSAN recording: what difference?
✔ All non -PSAN platforms are not automatically on black list.
➡ Example: Kraken is not recorded as PSAN, but has never been added to the blacklist, because it does not actively target French users.
✔ Why is Bitget
Bitget was registered on the black list because he continues to practice in France without regulation , actively soliciting French customers without being authorized PSAN .
Why Bitget remains popular despite its black listing in France
Despite its registration on the AMF black list, Bitget is a cryptocurrency trading trading platform which still arouses the interest of many French users. The reason is simple: Bitget offers a variety of trading features , combining trading spot , margin trading , future trading with lever effect , copy trading , and even trading bots . These trading options are often absent from the platforms recorded in France, this is notably the case of future trading currently prohibited on CEX in France. This explains why some French people still had accounts at Bitget at the time of the ban still hold it.
Bitget offers a fluid trading experience also has its own token , the BGB, used to benefit from reduced costs or access premium services available on Bitget . If Bitget is no longer allowed to approach customers in France, this does not mean that the platform is technically blocked. It remains possible to access Bitget trading from France, although this exposes users to legal risks and the absence of regulatory recourse in the event of a dispute. Nevertheless, the attractiveness of Bitget 's future , the flexibility of the interface, and the diversity of tokens continue to seduce those who seek alternatives not subject to local constraints.
Despite the restrictions imposed in France, Bitget is the platform that has attracted and retaining part of the crypto community thanks to its orientation towards advanced trading functionalities . Between future , trading spot services , copy trading or automated bots , Bitget has a complete arsenal rarely equal. In addition, Bitget customer service has been deemed reactive by part of its users, which strengthens its position with active traders. The Bitget Token has also been designed to integrate economic advantages: reduction on trading costs , access to exclusive products, and growing utility in the platform ecosystem. In this sense, even if trading on Bitget from France implies assuming certain risks, B Itget has managed to maintain its popularity by offering a complete and fluid trading experience trading platform where other exchanges are more restrained. For those who wish to explore the limits of their strategy while exploring Bitget works , the platform remains a viable option to access a wide range of services, despite locally non -existent regulatory supervision.
Conclusion: Can we still use Bitget in France?
✅ Bitget remains accessible to French users, but it appears on the black AMF list.
❌ The platform is not registered PSAN, it cannot therefore operate legally in France.
❌ Users have no legal protection in the event of a problem.
✅ Low fresh and wide regulated alternatives with cryptocurrencies like Bitvavo offers better security.
✅ A safer alternative is to use a decentralized wallet to store its cryptocurrencies directly on the blockchain.
Investments in cryptocurrencies are risky. Crypternon could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a property or service put forward in this article. Readers must do their own research before undertaking any action and investing only within the limits of their financial capacities. Past performance does not guarantee future results. This article does not constitute an investment advice.
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AMF recommendations. There is no guaranteed high yield, a product with high performance potential implies a high risk. This risk taking must be in line with your project, your investment horizon and your ability to lose part of this savings. Do not invest if you are not ready to lose all or part of your capital .
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Noah
Training engineer, I quickly became interested in the field of finance. Convinced that decentralized finance has a bright future ahead of it, I participate in its democratization by developing Crypternon.
