Bitget Copy Trading: How Does it Work?

Professional traders may have a crypto specialism, such as trading Bitcoin, and are unfamiliar with Ethereum (ETH) price action but want to diversify. Therefore, they may seek a copy trader with in-depth Ethereum (ETH) experience. In addition, with over 23,500 listed cryptocurrencies and hundreds of crypto exchanges, figuring out how and where to start can be overwhelming.
To start as a follower and copy other traders’ orders, head to ‘Copy Trading’, then select ‘Spot Copy Trading’. Cyrpto convert / USDBGB can choose your favorite trader from the list based on their total equity, transactions, and number of followers. Now, we have made this transparent, reliable trading product available for spot trading. Introducing Bitget’s Spot Copy Trading, a low-slippage, low-latency, and low-maintenance trading product that takes the burden off your shoulders and rakes in profit with some of our most successful traders.
For Futures trading, the fees are set at 0.02% for makers and 0.06% for takers, providing a low-cost option for users who want to trade futures on Bitget. It is advised that you complete ID verification, as it will enhance your trading experience on the platform by unlocking more features. Yes, Bitget is highly respected and regarded as one of the top exchanges in the industry. Thanks to their regulatory compliance and strict security approach, traders on Bitget are confident in their funds being safe on the platform. Bybit offers some of the lowest fees around and does not overcharge for withdrawals, making Bybit one of the most fee-friendly crypto platforms. Leveraged tokens were a great innovation in the crypto trading space and are now offered by many of the major exchanges.
Bitget has been enjoying increasing adoption and rapid growth as they have found a niche in the market, attracting traders who are interested in innovative features like strategic trading and copy trading. In conclusion, Bitget is a legally operating and compliant global exchange that is regulated and registered with the authorities. Bitget is highly respected within the crypto community for its security measures, which meet industry best practices. The design of the platform is user-friendly for beginners, but the trading concepts and products offered are better suited for experienced traders. The exchange’s innovative features, such as copy trading and strategy trading, make it an attractive option for those looking to trade passively. However, it is worth noting that while Bitget offers the option to buy and sell crypto directly, it charges a high fee for this service.
This is called margin trading, and Bybit offers this feature that enables you to leverage cryptocurrencies (up to 100x) to multiply your potential of earning. Bitget crypto copy trading platform for spot trading lets traders of all levels get involved by automatically copying the spot market trades of professional crypto traders. Since its launch, it has attracted more than 380,000 copy traders from all over the world, with a total of 100 million orders on the platform. Currently, Bitget is the world’s largest crypto copy trading platform. We are also proud to say that we are a trusted leader in terms of asset services, security, and compliance.
To compare crypto exchange spot trading volumes, you can go to Coinmarketcap or Coingecko and click exchanges. The Bitget futures trading fees compete against many of the lowest crypto derivative fees, especially if you trade low to medium volumes. Bitget is one of the crypto trading exchanges with the most futures trading volume. Bitget Trial funds can offset futures trading and funding fees, compensate for losses, or be used as a margin to open a position.
How much traders get comes down to their BGB stake, which is the native cryptocurrency used to earn trading discounts and unlock other rewards on the platform. The world’s largest crypto copy trading platform and top derivatives exchange. Copy trading or social trading has been offered by exchanges in both traditional stocks and crypto. In the crypto space, it is currently offered by exchanges including eToro, Bybit and MEXC, among others.
It also offers one-click copy trading, and it is one of the leading derivatives exchanges that support the USDC margin. Bitget offers spot trading as well as derivatives and copy trading. There are many choices for customers to select based on what they want.
You can customize the positions of the chart, measure, use a pitchfork, add a trend line, integrate a variety of indicators, change the chart layout, replace the candles, and do much more all in one place. While Bitget offers slightly more coins than Bybit, they both offer a wide range and it is up to you which coins you prefer to trade, and whether that particular exchange supports it. Bybit has more than 280 cryptocurrencies and Bitget has over 280 cryptocurrencies. Both offer all the most popular cryptocurrencies as well as many newer ones with lots of potential.