The Bitget cryptocurrency platform announces that it is the first cryptocurrency platform to launch spot copy-trading. The first exchange to enable copy trading for derivatives in 2020, Bitget has perfected its flagship product, One-Click Copy Trade, to deliver 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. In addition, users are entitled to more transparency and flexibility. This feature provides detailed information on traders’ return on investment, buy and sell time and price, portfolio and P&L records, as well as custom options of maximum investment, stop loss and “take profit”.
One-Click Copy Trade is the flagship product of bitget, simplifying trading 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 seamless and convenient experience by giving users the ability to copy trading strategies and own the cryptocurrency in their wallet. Users can view trader profiles provided by the platform to choose their preferred trader, based on their P&L, ranking and portfolio as recorded in the system. The One-Click Copy Trade is a win-win solution as the trades of the followers will be automatically executed with the orders of the traders they are subscribed to and the profit share percentage is only charged when a profit arises from the trades. The feature also offers a passive income stream for successful and experienced traders to further increase their yield.
Gracy Chen, CEO of Bitget 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 company flagship ever since. The success has been proven by the numbers and has also helped Bitget become the largest crypto copy-trading platform. We are proud to extend the product to the spot market, as this will further expand our social trading audience and 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 perfecting our product offerings, Bitget has also deployed a host of security and protection measures, including our Custody Fund, Proofs of Reserves, and $300 million protection fund during this bear market, to safeguard and to protect user funds 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, established in 2018, is the world’s leading crypto derivatives exchange focused on social trading, currently serving over 8 million users in over 100 countries around the world. 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 eSports event organizer PGL, as well as the first partner of Juventus of Turin.
To protect user funds on the platform, Bitget adopts top-notch security and protection measures, including a $300 million protection fund, reserve service, promised to be fully reserved by the Merkle Tree model. .
To know more about bitgetplease visit https://www.bitget.com .
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