Company leads the way with one-click copy-trading and more
SINGAPORE, June 15, 2022 /PRNewswire/ — Bitget, the world’s leading derivatives marketplace, has always put product innovation at the heart of its concerns.
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With social media and messaging platforms becoming an integral part of people’s lives, whether on a professional or personal level, there is no reason not to integrate cryptocurrency investment solutions. Social trading allows people to interact and observe other traders, as well as follow or execute the strategies of more experienced counterparts. It also maximizes a person’s trading potential, with a little help from someone more experienced.
Since its launch in May 2020, one-click copy-trading has broken the mold of trading models, bridging traders from all corners of the world. Thus, a social trading model has been forged into the core of Bitget, where subscribers and traders can interact without borders and chart their own interconnected path to financial freedom. To date, Bitget’s one-click copy-trading solution has amassed over 27,000 professional traders and around one million subscribers. Additionally, the platform’s copy traders garnered over $1 billion in total revenue, while subscribers collectively earned over $1.56 billion.
True to the concept of social trading, Bitget will work towards an open strategy platform in 2022. The first step is to launch grid trading, a type of quantitative trading strategy designed to maximize returns in a market that moves within a range. A user simply sets a price range for the auto trading robot, adjusts the number of grids he wants and, as long as the price stays within the set range and depending on the setup, the robot will sell part when the price goes up or will buy some as it gradually descends.
Bitget CEO, Grace Chen, said, “Social trading taps into our innate need for connection, whether that means sharing, celebrating or even sympathizing with others during trades. At Bitget, our flagship offering, one-click copy-trading, is at the forefront of the social trading industry. In addition, copy-trading and grid trading unlock the full potential of social trading, allowing users, thought leaders and professional traders to freely exchange information, adopt multiple trading models and optimize strategies for their own benefit, and, in the long term, further strengthen the foundations of the Bitget ecosystem. »