Bitget Gives Investors an Edge with a Range of Social Trading Crypto Features – Sponsored Bitcoin News

Bitget Gives Investors an Edge with a Range of Social Trading Crypto Features – Sponsored Bitcoin News

For most retail investors, trading has traditionally been a solitary activity, so the barrier to entry is relatively high. Information about trading instruments and market conditions can often be hard to find or, at other times, too complicated for beginners to understand. Here at Bitget, the organization is determined to remove this barrier by turning trading into a social, collaborative activity that investors can participate in together.

To further enhance the social trading experience, the team at Bitget recently launched two new services: Bitget Insights and Bitget Strategy Plaza. Both platforms allow traders to more easily share their knowledge and opinions on market conditions and trends, giving users the space and opportunity to collaborate constructively. Along with other social trading products such as One-Click Copy trading, Bitget gives investors an edge with a suite of crypto social trading features.

What is Social Trading?

Social trading emphasizes on bringing investors and traders together by combining the interconnectedness of social media platforms with the world of finance and trading. Platforms built specifically for the industry allow users to share their ideas and strategies with each other, helping newbies better understand what experts do and seasoned professionals amassing a healthy following that can become an alternative source of income on Bitget.

The system allows collaborative efforts to flourish and effectively lowers the barrier to entry into the world of cryptocurrencies, while building more trust for users as they make more informed financial decisions. According to a market forecast from The Insight Partners, the global social commerce market is now worth $2.23 billion and is projected to grow to $3.77 billion by 2028. With a projected CAGR of 7.8%, social commerce is rapidly becoming the new face of finance, and there’s no better time to join the trend than now.

Understand how professionals trade with Bitget Insights

While our One-Click Copy Trade service makes life as easy as possible for users to capitalize on the success of more seasoned professionals, the system doesn’t exactly manage to foster deeper communication than most social media platforms. This is where Bitget Insights steps in. Essentially, the latest creation is a news feed where expert traders can share their thoughts and opinions on market conditions and trends, explaining to their followers in more detail, not just what positions they will be opening or closing. , but also the reasoning behind their decisions. Registered accounts can post analysis accompanied by charts and images to explain various cryptocurrency movements and predictions they may have for the future. Through this community, beginners and amateur traders can learn about cryptocurrency trading, while professionals can create a following for themselves which can then translate into more copycats or subscribers to their strategies, strengthening their alternative source of income. And now that strategies have been mentioned, let’s move on to Bitget’s other new release: Strategy Plaza.

Benefit from professional expertise with Bitget Strategy Plaza

Bitget Strategy Plaza builds on the success of One-Click Copy Trading and offers more flexibility when it comes to trading with expert advice. While the latter option allows users to discover professional traders and directly copy their positions (albeit with their own risk parameters), Strategy Plaza instead allows retail investors to copy all the strategies experts have created. These strategies take the form of autonomous algorithms with set parameters that execute trades on your behalf, under the right market conditions.

The advantage of this system is that because everything works autonomously, your portfolio is best positioned to respond to rapid market changes dictated by volatile conditions. It also takes the emotional side out of your decision making process, meaning you can rely on the objectivity of the algorithms to avoid holding on too long or closing too early. As with copy trading, there are also benefits to strategists publishing their strategies. Each strategy you create can be sold for a price, and those who publish many can also set subscription fees so followers can access all of your strategies under one umbrella payment. Together with One-Click Copy Trading and Insights, Strategy Plaza offers more options and flexibility for both novice investors and experienced traders.

Why choose Bitget?

As one of the leading derivatives cryptocurrency exchanges, Bitget currently serves more than eight million users in more than 100 countries around the world. The trust users place in Bitget has translated to over 55,000 expert traders providing guidance to over 1.1 million copy investors in our Copy Trading service alone. The total trading volume is now over $64 billion, with $300 million in total revenue for traders and $350 million for copiers. With the launch of both Bitget Insights and Bitget Strategy Plaza, these numbers are expected to continue to grow.

Of course, aside from profits, Bitget also puts a strong emphasis on ensuring users’ security and privacy, and recently increased its user protection and insurance fund from US$200 million to US$300 million, consisting of 200 million USDT and 6500 BTC . Bitget has obtained operating licenses in numerous trusted jurisdictions, including the US, Canada, and Australia. Our cybersecurity team has also placed Bitget in the Top 10 Exchanges by Crypto Exchange Ranks Cybersecurity, earning us 12 A+ ratings from SSL Labs.

Visit Bitget’s today to start your social trading journey Copy trade or Strategy Square Pages. Find tutorial guides on how to navigate both Bitget Insights and Bitget Strategy Plaza on the website.


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