Bitget Introduces Smart Copy Mode: Revolutionizing Copy Trading with Major Upgrades
Press release
Victoria, Seychelles, January 24, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced major upgrades to its copy trading feature, introducing a smart copy mode and independent futures copy trading accounts. This smart copy mode will gradually become available to users, enabling them to invest more intelligently by not only following the investment strategies of Elite Traders, but also by monitoring the allocation and portfolio strategies of the traders.
Bitget users can anticipate a significant update with the smart copy mode, empowering traders to allocate funds and execute copy trades based on a predetermined percentage of the trader’s investment amount relative to their total assets. This new feature simplifies the process for novice users, who need only enter the investment amount and follow with a single click.
Currently Bitget users can choose from Fixed amount mode or Multiplier mode in their investment amount setting for the copy trades. Fixed amount mode means that the amount invested into each copy trade is fixed, making the system invest a preset amount of funds as a margin when the follower of an elite trader makes a copy trade. In Multiplier Mode, the amount invested depends on the preset ratio of the follower’s investment amount and the elite trader’s investment amount.
With the updated version, users can maintain a separate account for futures copy trading, independent from their general futures trading account. The upside of this approach is the improved protection of users’ assets, as the futures trades and futures copy trades will no longer affect each other. As a result, any liquidation in one account will not affect positions in the other. Additionally, users’ futures copy trading assets will be clearly displayed on the page, making them easier to find and monitor, thus significantly bolstering usability and interface navigation.
Bitget's team has consistently pursued the ongoing improvement of existing services and the introduction of new ones, aligning with the company's 'Go Beyond Derivatives' m arketing strategy and 'Trade Smarter' philosophy. They continually enhance and refine copy trading and other products to help users leverage sophisticated yet user-friendly tools, enabling access to the full potential of cryptocurrency trading.
Gracy Chen, the Managing Director of Bitget, comments, “
We are constantly looking for ways to improve our services and these updates come as both a result of user feedback and our own analysis of existing options. Our ultimate goal is to make Bitget the most user-focused, convenient and trader-friendly platform on the market, and we are getting there.”
About Bitget
Established in 2018,
Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features, including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For media inquiries, please contact: media@bitget.com
2024-01-24
Recommended
- Press releaseBitget lists Bitsmiley (SMILE) on Innovation, BTC Ecosystem and DeFi Zone for Spot Trading Victoria, Seychelles, 1st November, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company has listed Bitsmiley (SMILE) in the Innovation, BTC Ecosystem, and DeFi Zone, with trading set to commence on 6 November 2024. This listing aligns with Bitget’s ongoing mission to broaden market accessibility to pioneering blockchain projects, offering users exposure to emerging DeFi protocols on the Bitcoin network. With this development, Bitget is expanding its range of supported assets in2024-11-01
- Press releaseTelegram Trends Point to Crypto Boom in Africa and Eastern Europe, Bitget Research Reveals Victoria, Seychelles, 30th October 2024 — Bitget Research, the research arm of the world's leading cryptocurrency exchange and Web3 company Bitget, released a comprehensive study showing the correlation between growing crypto-related Telegram activity and global cryptocurrency adoption. The data points to Africa and Eastern Europe as key regions for crypto user acquisition, driven by the increasing use of Telegram. The study also highlights the significance of Telegram dat2024-10-30
- Press releaseBitget Named Among Top 12 Finalists for Digital Currency Exchange of the Year at Australia’s 2024 Blockies Awards Victoria, Seychelles, 31st October, 2024 - Bitget the leading crypto exchange and Web3 company has been selected as a finalist in the Digital Currency Exchange (DCE) of the Year category at Australia’s 2024 Blockies Awards. Only 12 finalists were announced for this competitive category among more than 400 registered crypto exchanges in Australia’s $552 million DCE market. The Blockies Awards, officially known as the Australian Blockchain Industry Awards, is an annual event celeb2024-10-31