Bitget offers its customers from all over the world complete and secure trading options.
It is not easy for a beginner to succeed in crypto trading. Indeed, the factor of basic and in-depth knowledge of all aspects of trading is necessary to achieve a certain degree of success. In today’s world, many do not even have time to consider this point.
This is where copy trading comes in. This technique allows users to copy the trades of some of the most successful traders in the market. With this in mind, we are going to take a look at Bitget, a platform for copy trading, derivatives and spot trading.
Bitget in a nutshell
Spear in 2018Bitget offers comprehensive and secure trading solutions to a global customer base.
Bitget, which focuses on social trading, is posting remarkable numbers, including more than 3 million users, 1.1 million subscribers and 55,000 professional traders in more than 50 countries.
The platform is also ranked by CoinGecko in the world’s top 5 exchanges by derivatives trading volume. It also processes an average transaction volume of more than $8.1 billion per day. Its team has more than 600 people and covers 38 countries.
In June 2019, Bitget launched its first leveraged USDT futures contracts. In 2020, the exchange was the first in the world to offer crypto futures copy trading. It is one of the largest cryptocurrency futures copy trading platforms today.
What does Bitget offer?
Bitget’s trading solutions cater to both beginners and seasoned crypto traders. Indeed, Bitget offers a spot trading service for new investors, as well as a futures trading solution for more experienced traders.
The platform also believes that the future is in social trading. That is why it offers its users copy trading and grid trading services. Here are the solutions offered by Bitget:
Bitget allows spot trading of more than 250 asset pairs. It also offers a spot grid trading service, giving its users the ability to automatically buy low and sell high. As a reminder, spot grid trading is a quantitative trading method in which a trading bot takes care of your buying and selling in the spot market.
These trading robots place market orders at pre-determined intervals within a pre-defined price range.
Indeed, spot grid trading bots save you all the hassle of human impulsiveness in the unpredictable digital asset market.
Outraged USDT-M, USDC-M and Coin-M futures contractsBitget offers grid futures trading and demo accounts. The platform also offers a margin trading service with maximum leverage, which allows users to trade more amount than they own. Leveraged trading does come with risks, however, which is why caution should be exercised in this type of activity.
For novice traders who do not have enough time to learn trading, the copy trading feature can be very useful. As its name suggests, the latter makes it possible to copy the transactions of the best traders.
Bitget’s One-Click Copy service has nearly 12,000 traders and over 380,000 subscribers. So far, traders on the platform have generated over $100 million, while its subscribers have earned $120 million.
To ensure transaction transparency for all parties, trader data is subject to strict scrutiny before being released to the public.
Also know that you don’t need to actively buy and sell assets to achieve your goals and copy the trading strategies of top traders.
“Bitget aims to help experienced investors with large trading volumes, while giving beginners the chance to enter and take advantage of the market. This, by waiving transaction fees and offering exclusive rewards to hold, trade or invest.”
Gracy Chen, CEO of Bitget
The primary purpose of the Bitget launchpad is tooffer users early access to the most innovative projects. This, so that they can participate and benefit from the rewards.
Bitget’s launchpad is accessible via subscription. By holding assets or participating in trading activities, its users can win lottery tickets and be the first to access the BGB token. Once registered on the launchpad, the assets available in your spot and futures portfolios will be immediately calculated.
Indeed, the launchpad gives you access to the best projects just before their launch.
Bitget’s launch pool
Bitget’s launchpool allows users to generate earnings by participating in yield farming and staking. To access it, you will only need the equivalent of one USDT of any compatible cryptocurrency. Thus, the launchpad is accessible to a wide audience of users.
Currently, Bitget offers more than 7 projects where users can place their tokens to generate passive income. These include: ETHF, TRX, CHZ, BGB, ETC, LUNC and XRP.
The BGB token
BGB is Bitget’s native token. It offers several advantages and allows its holders to access a wide range of features.
- Total supply: 2,000,000,000 tokens
- Kind : ERC-20
- BGB holders benefit from a 5% discount on trading fees.
- Payments in BGB allowsave 20% on trading fees.
- The token provides exclusive access to several Bitget features.
- BGB holders can stake it to earn rewards.
A growing platform
Even in this time of high volatility, Bitget promotes stable and secure trading. Along with copy trading, spot trading, and futures trading, the platform provides a comprehensive set of quantitative trading tools. Likewise, it offers 70 trading pairs for margined futures accounts.
In September 2021, the exchange became the official crypto partner for PGL Major’s esports tournaments. He also announced a partnership with Juventus, as the first-ever round sponsor in the club’s history.
These partnerships and collaborations already give us an idea of the weight and credibility of the platform. If you’re looking for a reliable and secure platform to trade crypto, Bitget might be just the thing for you.
Frequently Asked Questions (FAQ)
On Bitget, fees vary depending on the type of transaction you make. You can learn more about the exchange’s fee schedule and maker/taker fees at click here.
You don’t need to go through a KYC process (customer knowledge) to use Bitget. That said, verifying your account gives you access to more beneficial features.
Any user who has validated the KYC process can participate in the Bitget launchpad.
Bitget offers copy trading, spot trading, and futures trading.
Bitget is based in Singapore.
No, you are not required to go through any identity verification process to start trading on Bitget.
All information on our website is published in good faith and for general information purposes only. Any action taken by the reader based on information found on our website is entirely at their own risk.