Altcoin Whales Flock to Bitget Over Binance for Smoother Trades – CoinGecko Study Reveals

Crypto's big players are voting with their wallets—and Bitget's winning the liquidity wars. CoinGecko's latest research shows altcoin whales are ditching Binance's clunky order books for Bitget's tighter spreads.

Why the exodus? Slippage. Or rather, the lack of it. When you're moving six-figure stacks of obscure tokens, every basis point counts. Binance's 'everything for everyone' approach backfires when SHIB derivatives tank 3% before your limit order fills.

Bitget's edge? Laser focus on altcoin perpetuals. Their matching engine prioritizes large orders—no more getting front-run by market makers playing latency games. Meanwhile, Binance struggles under regulatory whack-a-mole while their VIP desks beg institutions not to defect.

One hedge fund trader puts it bluntly: 'We're not here to fund CZ's next yacht. If Bitget executes cleaner, we'll bleed them dry for liquidity.' Such is crypto's version of loyalty—measured in milliseconds and maker rebates.