Is Bitget a Chinese Company? Origin and HQ Explained

By Marcus Yeo · Published 2026-10-08 · Independent review — not affiliated with any exchange

Bottom line

Bitget was founded in 2018 and was previously based in Singapore before registering in the Seychelles in December 2026, per Wikipedia. Wikipedia does not name the founders or disclose nationality; other profile sites name Henri Chen as founder and Sandra Lou as first CEO.

Is Bitget a Chinese company? Based on public records, no single source confirms that. Bitget was founded in 2018, was previously based in Singapore, and registered in the Seychelles in December 2026, according to Wikipedia, which does not name the founders or state a nationality for the company. Other profile and Chinese-language sites fill in some gaps, but they don’t always agree, and some things simply aren’t publicly disclosed. This article lays out what each source actually says, where they conflict, and why “where was it founded” is a different question from “is it safe to trade on.”

I trade perps for a living and get asked some version of this question constantly, usually phrased as “is Bitget Chinese” or “can I trust a Chinese exchange.” The honest answer is that origin and safety are two separate questions, and conflating them doesn’t help anyone make a better decision. Let’s separate the facts from the assumptions.

Where Did Bitget Actually Originate?

Per Wikipedia, Bitget was founded in 2018. The company was previously based in Singapore before it registered in the Seychelles in December 2026. That’s the documented registration history: Singapore first, Seychelles later. Wikipedia does not list the founders by name and does not make a statement about the company’s nationality or ownership structure.

This is where other sources diverge from Wikipedia. Company-profile sites and Chinese-language sources name Henri Chen (Chinese name 陈恒力) as the founder. If that attribution is accurate, it would suggest Chinese origins for the founding team, but this is not something Wikipedia itself states, and we’re relying on secondary sources here rather than a primary company disclosure. Public profile sites disagree on how much detail to provide, and in several places the record is simply silent.

For broader context on this exact question across multiple exchanges, see our roundup of exchanges with Chinese origins and who actually founded them.

Who Leads Bitget Today?

Leadership is better documented than ownership. Sandra Lou was Bitget’s first CEO for approximately six years, per company-profile sources. Gracy Chen joined Bitget as Managing Director in June 2026 and was appointed CEO in 2024, according to Wikipedia and corroborating profile sites.

Gracy Chen’s background is relatively well documented across sources: she was born in southwest China, studied in Singapore on a scholarship, and holds an MBA from MIT. None of that tells you where the company is headquartered today (Seychelles, per the registration record) or who owns it. Leadership biography and corporate registration are different data points, and it’s worth not blending them into a single “Chinese company” conclusion.

What Does Seychelles Registration Actually Mean?

Seychelles is one of the more common offshore jurisdictions crypto exchanges choose for incorporation. It generally means lighter licensing overhead than registering in the US, EU, or Singapore directly. It does not, by itself, tell you much about where the team operates day to day, where servers sit, or who ultimately owns the entity.

If you’re trying to figure out exchange risk, jurisdiction of registration is one input among several. Licensing status, past regulatory actions, and whether the company discloses ownership transparently all matter more than the passport of whoever founded it years ago. For a deeper look at what “safe” actually means in practice for this specific exchange, read our full Bitget safety review.

What Regulatory Events Has Bitget Faced?

Wikipedia lists a specific sequence of regulatory actions and incidents. Here’s the timeline as documented there:

YearEventRegulator/Source
2021Operations suspendedSingapore regulator
2023BlacklistedFrance’s AMF
2023Warning issuedJapan’s FSA
2023Capital raise, $10MDragonfly (per Wikipedia)
2024Warning issued againJapan’s FSA
2024Retail derivatives restrictedUK FCA
Sept 2026Hack, ~$387.5MReported per Wikipedia

That’s a fairly dense list of regulatory friction points over a short span, and the September 2026 hack is the most recent and largest figure in that table. We go through what that incident means for users and how it compares to other exchange security incidents in our breakdown of the Bitget hack and why diversifying across exchanges matters.

None of this timeline is unique to companies with Chinese founders. Regulators in Singapore, France, Japan, and the UK have issued similar warnings and restrictions against exchanges headquartered in a wide range of countries. The pattern says more about how fast crypto regulation has moved globally since 2021 than about any one company’s origin.

How Should You Actually Read All of This?

Here’s where I’ll give you my own framing rather than just citing sources. Origin and founder nationality are historical facts, not risk indicators. A company founded by a Chinese national, a Singaporean national, or anyone else can be well-run or poorly run, well-regulated or barely regulated. The question “is Bitget a Chinese company” doesn’t actually answer the question most traders care about, which is “can I trust this exchange with my funds.”

What actually matters: current jurisdiction and licensing, public ownership disclosure (or the lack of it), the regulatory track record listed above, and whether the exchange is transparent about incidents when they happen. On that last point, Bitget disclosed the September 2026 hack publicly rather than burying it, which is worth noting even as a neutral fact.

If you’re comparing Bitget against other exchanges on these same criteria, our exchange rankings table applies the same jurisdiction-and-licensing lens across the board, and the Bitget exchange profile has the current detail. For fee comparisons specifically, run the numbers yourself with our fee calculator against Bitget’s published schedule on bitget.com rather than trusting any secondhand percentage, since published fee tiers change and we don’t have a verified cross-exchange comparison to cite here.

Final Take

Bitget’s documented history is: founded 2018, Singapore then Seychelles registration, a notable leadership transition from Sandra Lou to Gracy Chen, and a cluster of regulatory actions across four jurisdictions plus a significant 2026 hack. Whether the founding team’s nationality is Chinese is something secondary sources claim but Wikipedia itself doesn’t confirm. Treat the ownership question as unresolved rather than settled, and weight your actual due diligence toward licensing, incident disclosure, and regulatory history instead.

Frequently asked questions

Is Bitget a Chinese-owned crypto exchange?

Wikipedia does not state a founder nationality or ownership structure for Bitget. Chinese-language profile sites name Henri Chen as founder, and current CEO Gracy Chen was born in southwest China, but public sources we checked do not confirm a formal ownership or headquarters tie to mainland China.

Where is Bitget legally registered and regulated in 2026?

Bitget was previously based in Singapore and registered in the Seychelles in December 2026, according to Wikipedia. Seychelles is a common offshore registration jurisdiction for crypto exchanges with lighter licensing requirements than the US, EU or Singapore.

Is Bitget safe to use and are funds protected?

Bitget disclosed a hack of roughly 387.5 million dollars in September 2026, per Wikipedia, and has faced regulatory actions in Singapore, France, Japan and the UK since 2021. Whether that risk profile is acceptable depends on your own research; see our dedicated breakdown linked below.

How do Bitget fees compare to other exchanges in 2026?

We did not find a verified, attributed fee comparison between Bitget and other exchanges in the source material for this article. Check each exchange's official fee schedule directly, or use a fee calculator to compare advertised maker and taker rates before committing capital.

Can US or restricted-country users trade on Bitget?

Public profile sites and regulatory notices (France's AMF blacklist, Japan's FSA warnings, UK FCA retail derivatives restrictions) indicate Bitget's access has been limited in specific jurisdictions. Always check Bitget's own terms of service for current country restrictions rather than relying on secondhand summaries.

Does Bitget require KYC verification to withdraw funds?

We found no attributed public statement in our source material specifying Bitget's exact KYC thresholds for withdrawals in 2026. KYC tiers and withdrawal limits change frequently across exchanges, so confirm current requirements on Bitget's official site before depositing.

Who founded Bitget and who runs it now?

Wikipedia does not name Bitget's founders. Chinese-language sources name Henri Chen as founder, Sandra Lou served as first CEO for roughly six years, and Gracy Chen became CEO in 2024 after joining as Managing Director in June 2022.

Is asking about an exchange's country of origin a useful safety check?

Origin or founder nationality is a historical fact, not a safety rating. What actually matters for user protection is licensing, jurisdiction, ownership disclosure and regulatory track record, which is why this article covers Bitget's registration history and listed regulatory events separately.

Marcus Yeo — Trades perpetual futures full-time and has opened, funded and stress-tested accounts on more than 20 exchanges since 2019. Runs every withdrawal test himself.