Cryptocurrency platform Bitget announces that it is the first cryptocurrency platform to launch spot copy trading. Bitget, the first exchange to enable copy trading for derivatives in 2020, has refined its flagship product, One-Click Copy Trade, to offer an equally intuitive experience for spot traders in 2023.
Copy trading is a good starting point for beginners to align their trading portfolio with that of a more experienced trader and increase their chances of profitability. Furthermore, users are entitled to greater transparency and flexibility. This feature provides detailed information on traders’ return on investment, buy and sell times and prices, portfolio records and profit and loss, as well as customized maximum investment, stop loss and “take profit” options.
One-Click Copy Trade is Bitget’s flagship product, making trading easier for beginners by allowing them to copy sophisticated futures trading strategies with minimal effort. As of December 2022, the company’s one-click copy-trading has over 80,000 traders and 338,000 subscribers.
The new Copy Trading feature in the spot market aims to provide a simple and convenient experience by giving users the ability to copy trading strategies and own cryptocurrency in their portfolio. Users can view trader profiles provided by the platform to choose their preferred trader, based on their P&L, ranking and portfolio as registered in the system. One Click Copy Trade is a win-win solution as your followers trades will be executed automatically with the orders of the traders they are subscribed to and the profit share percentage is charged only when you make a profit from the trades. The feature also offers a passive income stream for successful and experienced traders to further boost their returns.
Gracy Chen, CEO of Bitget She said : ” Bitget was the first exchange to offer copy trading in the cryptocurrency futures market in 2020 and our one-click copy trading has been a flagship of the company ever since. The success has been proved by numbers and has also helped Bitget become the largest cryptocurrency exchange platform. We are proud to extend the product to the spot market, as this will further expand our audience and social trading offerings and solidify our leadership position in the crypto space. »
” Bitget is committed to providing users with the best possible social trading experience. In addition to refining our product offering, Bitget has also implemented a number of safety and security measures, including our Custody Fund, Proofs of Reserves, and $300 million protection fund during this bear market, to safeguard and protect funds of users on our platform. »
Finally, the company has also just started accepting SEPA deposits on the platform, with the aim of democratizing access to crypto-trading.
About Bitget
Bitget, founded in 2018, is the world’s leading cryptocurrency derivatives exchange focused on social trading, currently serving over 8 million users in over 100 countries worldwide. The exchange is committed to providing secure, professional and unique trading solutions to users and aims to increase cryptocurrency adoption through collaborations with credible partners. Bitget is the exclusive partner of Lionel Messi and the official organizer of PGL eSports events, as well as the first partner of Juventus in Turin.
To protect user funds on the platform, Bitget takes top-notch safety and security measures, including a $300 million protection fund, reserve service, promised to be fully confidential by the Merkle Tree model. .
For more information about Bitget, visit https://www.bitget.com.
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