CDS Crypto News Bitget Launches Copy Trading in The Spot Market
Crypto News

Bitget Launches Copy Trading in The Spot Market

468
CDS - Thumbnail  (26)

Bitget

Leading cryptos exchange Bitget launches new product  and becomes the first exchange that offers copy trading in the spot market. Bitget has developed  its highly effective and innovative flagship product, One-Click Copy Trade, to share a trading experience for spot traders.  According to the reports of December 2022, this new feature has already accumulated over 80,000 traders, and 338,000 followers.

What Benefits It Will Bring?

Bitget

Copy trading will help new traders to start and increase their opportunity of profitability. In addition of this, this new feature brings to users more transparency providing detailed information on the traders’ ROI, buy and sell time and price, portfolio, and P&L records, personalized Maximum Investment, Stop Loss and Take Profit options.

What Seems to Be a Purpose of This Innovation?

Bitget spot market

One-Click Copy simplifies trading for beginners by letting them copy complicated forward trading strategies with minimal effort. Users can increase their opportunities for profitability. Now new traders will be able to choose their preferred trading strategy to follow by viewing trader profiles provided by the platform. Bitget’s new feature seems to be a win-win approach because the trades will be executed with the subscribed traders’ orders after subscription and percentage of profit share will be charged only when a profit arises from the trades.

Source

https://cryptoknowmics.com/

Check out more of our latest news here

Written by
ali009

The author is 28 year old student recently graduated from Celal Bayar University, Faculty of Medicine. Currently he works as a writer and translator for different platforms.

1 Comment

Leave a Reply

Related Articles

Crypto News – TON Network Welcomes USDT from Binance, Toncoin Holders Skyrocket

Binance has integrated USDT stablecoin on the Toncoin network, enabling deposits and...

Ripple CEO to Stand Trial for Allegedly Making ‘Misleading Statements’ During 2017 Interview

Ripple CEO's statement of being "very, very long" on XRP is contested,...

Crypto News – Meme Coin Liquidity Soars to Record High, But Risky Bid-Ask Spread Raises Concerns

Typically, higher liquidity results in a narrower bid-ask spread; however, meme coins...

FTX collapse aside, centralized crypto exchanges are pivotal in driving mass adoption

Hybrid, non-custodial exchanges could restore industry trust in crypto, but CEXs remain...