Bitget, a cryptocurrency exchange platform pioneer in copy-trading, is enhancing its offer and now offers “One-Click Copy Trade” on the spot market. In addition, always with a view to protecting its users, Bitget adopts a protection fund of 300 million dollars as well as a verification service for its reserves based on a Merkle tree.
Bitget launches spot copy-trading service
The Bitget cryptocurrency exchange platform begins this new year 2023 by perfecting its flagship product, the “ One-Click Copy Trade “. This allows both novice and seasoned investors to copy trading strategies from other users. Proof of this success, in December 2022, Bitget had more than 80,000 traders and 338,000 subscribers to this service.
Concretely, copy-trading allows everyone to access the best trading strategies available on Bitget. and copy them in one click to benefit from increased profitability. It is a completely transparent tool, particularly with regard to the losses and profits displayed, which remains completely customizable on different metrics such as the duration of use or the maximum investment.
Already a pioneer in copy-trading for the derivatives market since 2020, Bitget does it again and today becomes the first cryptocurrency platform to offer a copy-trading service on the spot market (spot). A new solution that will allow investors to add a string to their bow while benefiting from an intuitive and totally new experience.
And for traders who choose to expose their strategy on Bitget, they are rewarded when a profit is generated by one of the subscribers who would have chosen to copy the strategy in question, it is therefore an absolutely win-win tool.
👉 Find our opinion and complete tutorial on the Bitget platform
Trade for free on the spot market
Transparency, security and ease
Beyond this win-win model, which offers the opportunity for novices to benefit from proven performance strategies in a transparent way and for traders to be rewarded over the long term, Bitget continues to bet on the security of its 8 million users.
In order to further protect the funds of the latter, the platform adopts new measures, including the establishment of a $300 million protection fund as well as a reserve verification service, and the latter will be structured on the model of a Merkle tree.
So many new features that will continue to maintain Bitget as an exchange of choice for copy-trading, according to exchange general manager Gracy Chen :
“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 product of the company ever since. This 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 audience base and offerings for social trading. »
👉 Read also – Bitget brings a new level of security to its users’ funds with the “Fund Custody”
Trade for free on the spot market
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Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
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