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. In fact, the factor fundamental 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 into the picture. This technique allows users to copy the trades of some of the most successful traders in the market. With this in mind, we will take a look at Bitget, a copy trading, derivatives and spot trading platform.
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 that 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 experienced crypto traders. In fact, Bitget offers a spot trading service for new investors as well as a futures trading solution for more experienced traders.
The platform thinks so too the future is in social commerce. That’s why it offers copy trading and online trading services to its users. Here are the solutions offered by Bitget:
Bitget allows spot trading of more than 250 active pairs. It also offers a spot online trading service that allows its users to automatically buy low and sell high. As a reminder, spot grid trading is a quantitative trading method where a trading bot takes care of your buying and selling on the spot market.
These trading robots place market orders at predetermined intervals within a predefined price range.
In fact, spotgrid trading bots save you all the hassle of human impulsiveness in the unpredictable digital asset market.
Indignant 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 than they own. However, leveraged trading is associated with risks, which is why caution must be exercised in this type of activity.
For beginners who don’t have enough time to learn trading, the copy trading feature can be very useful. As the 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 merchants 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 controls 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 the top traders.
“Bitget aims to help experienced investors with large trading volumes, while giving beginners the chance to enter and benefit from the market. This by waiving transaction fees and offering exclusive rewards for holding, trading or investing.”
Gracy Chen, CEO of Bitget
Bitget’s launch pad
The primary purpose of the Bitget launchpad is togive users early access to the most innovative projects. This so they can participate and enjoy the rewards.
Bitget’s home panel is available 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 you are registered on the launch pad, the available assets in your spot and futures portfolio will be immediately calculated.
In fact, the launch panel gives you access to the best projects right before their launch.
Bitget’s launch pool
Bitget’s launch pool allows users to generate earnings by participating in dividend breeding and betting. To access it, you only need the equivalent of one USDT of any compatible cryptocurrency. The start field is thus 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 provides several benefits and gives its holders access to a wide range of features.
- Total supply: 2,000,000,000 tokens
- Friendly : 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 safe 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 the PGL Majors 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 are looking for a reliable and secure platform to trade crypto, Bitget might just be 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 do not 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 join 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 the reader’s own risk.