• Bitget is the first crypto derivatives exchange to launch copy trading in the spot market.
• Copy trading simplifies trading for beginners by allowing them to copy sophisticated futures trading strategies with minimal effort.
• The newly launched Copy Trading feature in the spot market aims to provide a seamless and convenient experience by giving users the option to copy trading strategies and own the cryptocurrency in their wallet.
Bitget, a leading crypto derivatives exchange, is proud to announce the launch of its copy trading feature in the spot market, becoming the first exchange to offer this service.
Copy trading is a great way for beginners to start trading and allows them to shadow the portfolio of a more experienced trader, increasing the chance of profitability. The feature provides users with more transparency and flexibility, displaying detailed information on the traders‘ return on investment, buy and sell times and prices, and portfolio and profit and loss records. There are also personalized maximum investment, stop loss, and take profit options available.
Bitget’s flagship product, One-Click Copy Trade, has been honed to deliver a similarly intuitive experience for spot traders. This product simplifies trading for beginners by allowing them to copy sophisticated futures trading strategies with minimal effort. By December 2022, the One-Click Copy Trade in the futures market had accumulated over 80,000 traders and 338,000 followers.
The new Copy Trading feature in the spot market is intended to provide a seamless and convenient experience for users. It gives them the option to copy trading strategies and own the cryptocurrency in their wallet. Additionally, users can view trader profiles provided by the platform to choose their preferred trader to follow. These profiles include information such as P&L, trader ranking, and portfolio as recorded in the system.
One-Click Copy Trade is a win-win solution as followers’ trades will be automatically executed with the subscribed traders’ orders after subscription, and a profit share percentage will be given to the traders for successful trades.
Bitget is committed to providing the best trading experience for beginners, and the launch of the Copy Trading feature in the spot market is just another example of their dedication to their users.