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Bitget Strategy Plaza: How-To Guide for Strategists

Bitget Strategy Plaza: How-To Guide for Strategists

Beginner
2022-11-10 | 5m

Bitget Strategy Plaza: How-To Guide for Strategists

To further enhance our users’ experience with social trading, Bitget is happy to introduce our latest Strategy Plaza service. The new feature offers an entry into Strategy Trading through our platform, where investors can adopt and apply specific strategies set by registered experts to better direct their portfolio. If you’re new to the world of Strategy Trading, you can learn more about it over at our introductory article. Alternatively, if you’re ready to start creating strategies and selling them with Strategy Plaza, you can follow the steps below in this user guide. (For investors who wish to purchase strategies or subscribe to strategists, please head over to our user guide.)

Publishing a Strategy

If you’re a seasoned trader and have a keen eye for trading strategies, publishing your own algorithms and trading bots through Bitget Strategy Plaza can serve as an extra source of income to further your investment and trading goals. Creating and publishing your own strategies is simple, and you’ll be able to charge a fee for any investors who wish to purchase and copy your strategies.

1. To begin, navigate to the “Strategy Trading'' drop down menu from Bitget’s homepage and click on “Create a strategy.” You’ll be directed to the page below, where you’ll find four different categories of strategies you can work on: Long Grid, Short Grid, Grid Strategy, and Reverse Grid. Simply pick the corresponding one you’d like.

Bitget-Strategy-Plaza-How-To-Guide-for-Strategists

2. After choosing the position you’d like to take, you’ll be met with our detailed trading page, where you can set the parameters for your strategy. Here, you can select your price range, the number of grids you wish to employ, your margin and leverage, and how much USDT you’d like to invest yourself. Click “Create a strategy” when everything is set accordingly.

Bitget-Strategy-Plaza-How-To-Guide-for-Strategists

3. With your strategy now created, the next step is to publish it. To do so, visit your “My Strategies” page, which serves as the managing hub for all your strategies, including ones that you’ve created yourself and ones that you may have purchased or subscribed to. Under “Operations,” select “Publish” and then set a price (in USDT) that you wish to charge. Click “Publish” again after you’ve confirmed everything.

Bitget-Strategy-Plaza-How-To-Guide-for-Strategists

4. Please note that anyone can create and publish strategies as long as they fulfil Bitget’s profit and runtime requirements.

Managing Strategies and Subscrip·tions

When you’ve created multiple strategies, you might want to manage them depending on market conditions or how popular they’ve become in terms of individual sales or subscrip·tions. Through the “My Strategies” page, you’ll be able to monitor and organise your list of strategies and subscribers, changing everything from pricing to termination.

1. To access your list of strategies and subscribers, first head to your “My Strategies” page. There, you’ll find all the strategies you’ve published along with data such as their status, ROI, P/L, runtime, and more. The “Ongoing Strategies” section shows which strategies are currently operating, while the “Strategy History” section will detail the strategies you’ve since terminated. Note that to republish a delisted strategy, you’ll have to set its price again.

Bitget-Strategy-Plaza-How-To-Guide-for-Strategists

2. To manage your existing strategies and subscrip·tions, head over to the “Strategy Management” page. There, you’ll find detailed information on how many times you’ve sold your strategies, the amount of subscribers you have, the full P/L statistics of your strategies, as well as a breakdown of individual P/L from your followers and how long they’ve been subscribed for.

Bitget-Strategy-Plaza-How-To-Guide-for-Strategists

3. Under the “Copier” column, you can also view exactly which users have purchased and copied your strategies, which strategies they copied, and when they did so.

Bitget-Strategy-Plaza-How-To-Guide-for-Strategists

4. Finally, you’ll also be able to change your subscrip·tion settings. Under the heading of the same name, you’ll find options to change your subscrip·tion fee and trading pairs for either spot or futures trading. Note that strategists will have to pick at least one pair in at least one category, or else other users will not be able to subscribe to you. You’ll also have the option to choose whether you’d like to display your total assets or not to potential subscribers.



With the steps above, you’ll be able to start publishing strategies on Bitget Strategy Plaza in no time. Head over to our Strategy Plaza now!


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