Bitget Exchange announced a major upgrade to its copy trading feature today, introducing new features including Smart Copy Trading Mode and Independent Contract Copy Trading Account.
The Smart Copy Trading Mode will gradually be made available to users, allowing them to not only follow the investment strategies of elite traders but also monitor their configurations and portfolio strategies, enabling smarter investments.
Bitget users can expect significant updates to the Smart Copy Trading Mode, which provides traders with the ability to allocate funds and execute copy trades based on the percentage of their total assets that they have pre-set. This new feature simplifies the process for novice users, as they only need to enter the investment amount and click a button to execute the trade.
Currently, Bitget users can choose between Fixed Amount Mode or Multiplier Mode when setting the investment amount for copy trades. In Fixed Amount Mode, the investment amount for each copy trade is fixed, and the system will allocate the predetermined amount of funds as margin when followers execute copy trades. In Multiplier Mode, the investment amount depends on the ratio of the follower’s investment amount to the elite trader’s default investment amount.
In the new version, users can have an independent account for contract copy trading, separate from their regular contract trading account. This approach offers the benefit of better asset protection, as contract trading and contract copy trading no longer affect each other. Therefore, the liquidation of one account will not affect the positions in the other account. Additionally, the user’s contract copy trading assets will be clearly displayed on the page, making it easier to locate and monitor, greatly improving usability and page navigation.
The Bitget team is always committed to continuously improving existing services and launching new services, aligning with its operational strategy of “Beyond Derivatives” and the concept of “Trading Intelligence”. Bitget continuously optimizes copy trading and other products, helping users leverage the potential of cryptocurrency trading through complex yet user-friendly tools.
Gracy Chen, General Manager of Bitget, said, “We continue to improve our services, and these updates are the result of user feedback and our analysis of existing products. Our ultimate goal is to make Bitget the most user-centric, convenient, and trader-friendly platform in the market, and we are working hard towards that goal.”
About Bitget:
Established in 2018, Bitget is a world-leading cryptocurrency exchange and Web3 company. Bitget currently serves over 20 million users in more than 100 countries worldwide, dedicated to helping users trade more intelligently through its innovative copy trading feature and other trading solutions.
Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain cryptocurrency wallet that provides a comprehensive range of Web3 solutions and features, including wallet functionality, exchanges, NFT marketplaces, DApp browsers, and more. Bitget encourages the adoption of cryptocurrencies through partnerships with legendary Argentine footballer Lionel Messi, official esports organization PGL, and others.
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