Singapore, June 17, 2022 — Leading global derivatives exchange Bitget has always placed product innovation at the core of its focus.
As social media and messenger platforms become an integral part of people’s lives, professional or personal, crypto investment should be incorporated. Social trading lets people interact and observe other traders, follow or execute the strategies of more experienced peers and maximizes one’s trading potential.
Since its May 2020 launch, One-Click Copy Trade has broken the mold of trading patterns, bridging the gaps between traders worldwide. A social trading pattern has been forged in Bitget’s core where followers and traders can interact without boundaries, carving their own interconnected paths to financial freedom.
To date, Bitget’s One-Click Copy Trade has amassed more than 27,000 professional traders with approximately 1 million followers. Copy traders on the platform have earned more than $1 billion total, while followers have collectively made more than $1.56 billion.
Bitget adheres closely to the social trading concept and is working toward an open strategy platform in 2022. The first step is launching grid trading — a quantitative trading strategy designed to maximize returns in range-bound markets. Users simply set a price range for the automated trading bot, adjust how many grids they want and — as long as the price stays in the set range and depending on the setup — the bot sells a portion when the price rises or buys when it falls.
Gracy Chen, managing director of Bitget, said:
“Social trading taps into our innate need for connection, whether that means sharing, celebrating or even commiserating in the company of others while we trade. Here at Bitget, our flagship offering One-Click Copy Trade is nothing short of a pioneer in social trading. Moreover, copy trading and grid trading light a path to the full potential of social trading, enabling users, key opinion leaders and professional traders to exchange information freely, adopt multiple trading patterns and optimize strategies for their own benefit, and in the long-run, further strengthening the foundation of the Bitget ecosystem.”