Bitget Elevates Copy Trading with On-Chain Data for Tracking Smart Money Strategies
Press release
Victoria, Seychelles, December 7, 2023 – Bitget, the world's leading
cryptocurrency exchange and Web3 company, is proud to announce the launch of its innovative On-Chain Tracking feature for spot copy trading, offering users unparalleled tracking and access to on-chain Smart Money to learn and emulate advanced trading strategies. This pioneering feature represents the m arket's first-ever copy trading option, marking a significant advancement in the platform's commitment to empowering users with insights from leading cryptocurrency traders. It delivers a comprehensive trading experience across centralized and decentralized markets.
Bitget's introduction of the On-Chain Tracking feature provides users with the ability to utilize the strategies and insights of professional investment institutions and expert individual investors, also known as the "Smart Money" on-chain, in the dynamic crypto markets. With the On-Chain Tracking feature, Bitget's copy trading encompasses insights not only from the CeFi sector but also from the DeFi sector.
With a focus on innovation and user empowerment, Bitget's new feature for copy trading is designed to provide unparalleled access to on-chain data through analysis of metrics such as trading frequency and profitability. Through this process, the platform identifies high-performing addresses and meticulously curates on-chain Smart Money trading signals, creating a seamless experience for users to observe and emulate the investment behavior of these well-performing on-chain participants.
Gracy Chen, Managing Director of Bitget, emphasized the significance of this new endeavor, saying, "
At Bitget, we are committed to our 'Trade smarter' philosophy, an initiative that underpins our efforts to champion equitable and empowering opportunities within crypto space. Copy trading is one of our trump cards, and we remain dedicated to refining and enhancing it for the benefit of our growing community."
"Bitget's On-Chain Tracking feature stands as a testament to the platform's steadfast commitment to revolutionizing the crypto trading experience. This initiative opens up new opportunities for traders to leverage the extensive experience, sophisticated investment tactics, and profound market understanding held by these elite on-chain traders, thereby providing access to expert insights and strategies for informed decision-making and unparalleled trading success," Gracy adds.
Having pioneered the introduction of copy trading features in the crypto exchange landscape in May 2020, Bitget has set new standards within the industry, expanding its ecosystem to support copy trading in spot markets, futures markets, and allowing users to copy strategists. Since its inception, the copy trading feature has garnered remarkable traction, with over 120,000 elite traders sharing their strategies and more than 610,000 followers engaging in the copy trading experience, making Bitget one of the largest crypto copy trading platforms.
About Bitget
Established in 2018,
Bitget is the world's leading
cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For media inquiries, please contact:
media@bitget.com
2023-12-07
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