Bitget Exchange announced a major upgrade to its copy trading feature today, introducing new functions 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 with the Smart Copy Trading Mode, which provides traders with the ability to allocate funds and execute copy trades based on a predetermined percentage of their total assets. This new feature simplifies the process for novice users, who only need to enter the investment amount and click a button to proceed.
Currently, Bitget users can choose between Fixed Amount Mode or Multiplier Mode for their copy trading investment settings. In Fixed Amount Mode, the investment amount for each copy trade is fixed, and the system will allocate the default amount of funds as margin when followers of elite traders execute copy trades. In Multiplier Mode, the investment amount depends on the follower’s investment amount and the default ratio of the elite trader’s 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 protecting users’ assets, as contract trading and contract copy trading no longer affect each other. Therefore, the liquidation of one account will not impact the positions of the other account. Additionally, users’ contract copy trading assets will be clearly displayed on the page, making them easier to find and monitor, greatly improving usability and page navigation.
The Bitget team is committed to continuously improving existing services and launching new ones, aligning with its operational strategy of “Beyond Derivatives” and the concept of “Trading Intelligence Evolution.” Bitget continues to optimize copy trading and other products, helping users leverage the potential of cryptocurrency trading through sophisticated yet user-friendly tools.
Gracy Chen, General Manager of Bitget, stated, “We are constantly improving 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 this goal.”
About Bitget
Founded in 2018, Bitget is a leading global cryptocurrency exchange and Web3 company. Bitget currently serves over 20 million users in more than 100 countries, dedicated to helping users trade smarter 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 markets, DApp browsers, and more. Bitget encourages the adoption of cryptocurrencies through collaborations with legendary Argentine footballer Lionel Messi and official esports organization PGL.
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Disclaimer: This article is a sponsored article provided by Bitget and does not represent the views of Dynamic Zone. It is also not intended to provide any investment advice, purchase or sale recommendations. Please refer to the disclaimer at the end of the article for more information.