Bitget
Bitget

# CRYPTO ANALYSIS

Copy Trading Crypto Like a Pro on Bitget | Bitget Review 2024

margin trading crypto

KEYTAKEAWAYS

  • Bitget is the world's largest copy trading crypto platform with 25 million users and $10 billion daily volume.
  • The exchange offers diverse products including spot, futures, and innovative features like Grid Trading and Smart Trend.
  • Bitget prioritizes security with cold storage, a $300 million protection fund, and licenses in five countries.

CONTENT

Bitget: A leading crypto exchange with 25M users, offering copy trading crypto and diverse products. Secure, user-friendly, and licensed in multiple countries.


 

NO.1 COPY TRADING CRYPTO EXCHANGE: BITGET

 

 

Bitget is a top cryptocurrency exchange and Web3 company founded in 2018. It is the world’s largest copy trading crypto platform, with 25 million registered users and a daily trading volume of 10 billion USDT. Bitget holds licenses in five countries: it has obtained MSB licenses in both the United States and Canada, a DCE license in Australia, and additional licenses in Lithuania and Italy. The exchange’s commitment to the crypto industry is evident through its high-profile partnerships, most notably with football superstar Lionel Messi as its brand ambassador and a sponsorship with Italian Serie A football club Juventus.

 

 

▶ Bitget Official : Sign up 

 

 

copy trading crypto

(Source: Bitget website)

 

 

>>> More to read : Choosing the Right Cryptocurrency Exchange: CEX vs DEX

 

 


 

ADVANTAGES OF BITGET

 

  1. Reputation and Trading Volume: Bitget is highly recognized globally, with stable daily trading volume, providing an active trading market.

 

  1. Security Measures: Bitget employs multiple security measures, including advanced encryption technology and reserve mechanisms, to protect user assets.

 

  1. Low Fees: The platform offers relatively low trading fees, enabling users to save costs on high-volume trades.

 

  1. User-Friendly Interface: With an intuitive interface design, Bitget is easy to navigate for both beginners and professional traders.

 

  1. Variety of Supported Coins: Bitget supports a wide range of tokens and altcoins, including a new listing of the popular $NEIRO.

 

  1. Rich Product Line: In addition to spot trading, Bitget offers futures, copy trading crypto, and other diverse products, providing various investment options.

 

 


 

BITGET SECURITY

 

  1. Account Security Features: Bitget’s account security center provides various protective measures, such as two-factor authentication, fund passwords, and device management. Users are advised to configure these settings immediately after registration to ensure account security.

 

  1. Proof of Reserves: Through cryptographic proofs, public wallet ownership checks, and regular audits, Bitget ensures it holds sufficient assets to support all users’ token assets, offering transparent proof of reserves.

 

  1. Secure Cold Storage: Most digital assets are stored in offline multi-signature wallets, reducing the risk of online attacks. This secure storage system effectively protects user assets.

 

  1. User Protection Fund: Bitget has established a $300 million protection fund, stored in publicly visible wallets, which can be accessed when needed to provide additional security for user assets.

 

copy trading crypto

(Source: Bitget website)

Proof of Reserves at Bitget

 

Bitget has numerous mechanisms to protect user funds and sufficient reserves to ensure users can exchange their digital assets 1:1. However, despite having comprehensive security measures, the risk of exchanges cannot be ignored. The collapse of FTX reminds us that no exchange can guarantee it won’t fail, so users must still manage risks independently.

 

 


 

BITGET PLATFORM TOKEN: $BGB

 

 

 

BGB is the official platform token of Bitget, providing holders with various platform-related benefits. These benefits include discounts on spot trading fees and other perks like VIP membership and zero-fee withdrawals.

Additionally, BGB can be used to participate in official Launchpad and Launchpool events, offering opportunities to earn from new token listings.

 

>>> More to read : BGB | The Heart of Bitget’s Ecosystem

 

 


 

BITGET PRODUCTS AND FEATURES: SPOT, FUTURES, COPY TRADING CRYPTO 

 

Since its launch in 2018, Bitget has introduced many practical and convenient features and products that help users better manage their digital assets. The product list can be found in the top menu and is generally divided into Trading (Spot, Margin…), Futures, Copy Trading Crypto, Asset Management, and Web3.

 

Here is a brief introduction to some of the more common products:

 

>>> Read more: Crypto Trading Strategies for Beginners

 

 


 

1. Spot Trading

 

Spot trading is the most basic function of a cryptocurrency exchange, allowing users to deposit cryptocurrencies into their accounts and buy or sell them at current market prices.

 

copy trading crypto

(Source: Bitget website)

 

>> Read more:

 

 


 

2. Futures Trading

 

Futures trading is a form of derivative trading that allows users to participate in asset price fluctuations without owning the actual asset. This enables flexible trading strategies, including going long (bullish) and short (bearish).

 

copy trading crypto

(Source: Bitget website)

 

>> Read more: Bitget Futures Trading: A Comprehensive Beginner’s Guide

 

 


 

3. Copy Trading

 

The copy trading crypto strategy allows users to replicate the strategies of traders on the platform. Users can automatically synchronize all trades of the selected trader, saving time on research and monitoring.

 

copy trading crypto

(Source: Bitget website)

 

 


 

4. Grid Trading

 

Grid trading is a strategy that lets bots automatically buy and sell within a price range when trading conditions are met. It buys at lower prices and sells when the price rises, continuously executing low-buy and high-sell transactions.

 

copy trading crypto

(Source: Bitget website)

 

>>> Read more: No Time to Monitor the Crypto Market? Try These Top Crypto Trading Bots

 

 


 

5. Spot Auto-Invest

 

The spot investment plan involves investing in cryptocurrencies through a fixed investment strategy, earning additional daily returns, and supporting redemption at any time.

 

copy trading crypto

(Source: Bitget website)

 

 


 

6. Savings

 

Savings allow users to deposit cryptocurrencies and earn daily interest, with the option to redeem funds at any time.

 

copy trading crypto

(Source: Bitget website)

 

 


 

7. Staking to Earn

 

Users can stake different cryptocurrencies on various blockchain networks to earn staking rewards.

 

copy trading crypto

(Source: Bitget website)

 

 


 

8. Launchpad/Launchpool

 

Participate in new token IEO fundraising or token mining hosted by Bitget.

 

copy trading crypto

(Source: Bitget website)

 

 


 

9. Smart Trend

 

This is a principal-protected financial product that uses fixed assets and various options combinations to create structured risk-reward-enhancing products. It balances currency price fluctuation risks while increasing investment value. Investors can earn enhanced returns from digital asset price increases or decreases while enjoying basic returns based on their judgment of current price trends.

 

copy trading crypto

(Source: Bitget website)

 

 


 

10. Shark Fin

 

Shark Fin is a principal-protected structured financial product. It is an innovative financial product that combines fixed-income products with financial derivatives. The investment method is simple, suitable for conservative investors who prefer low-risk.

 

copy trading crypto

(Source: Bitget website)

 

 


 

11. Dual Investment

 

Dual investment is a non-principal-protected financial product that offers attractive returns involving two cryptocurrencies. It is suitable for investors who plan to hold cryptocurrencies long-term but also want to steadily increase their token holdings.

 

Bitget, Crypto trading

(Source: Bitget website)

 

>> More to read : 4 Trusted Crypto Market Live Trackers for Staying on Trend

 

 


 

 

HOW TO SIGN UP ON BITGET

 

First, click on the registration link (including the CoinRank referral code), then enter your email address and desired password to complete the basic registration.

 

copy trading, bitget sign up

(Source: Bitget website)

 

ꚰ Register now through CoinRank’s referral link and trade to get $20!

 

After completing the basic registration, the system will inform you that identity verification is required to access most of the exchange’s features. Therefore, you must proceed to complete the identity verification.

 

You can find the “Identity Verification” option by clicking on your avatar in the upper right corner of the webpage. Follow the official instructions step by step to complete the identity verification.

 

copy trading crypto

(Source: Bitget website)

 

  • Bitget Trading Fee Calculation

 

Bitget charges a standard trading fee of 0.1% for both Makers and Takers in spot trading. If users hold the platform token BGB, the system will automatically deduct BGB from their balance, reducing the fee by 20%.

 

For more information on fee calculations, please visit here

 

 


 

FAQS

 

  • What is Bitget?

Bitget is known as the world’s largest copy trading crypto platform, with 25 million registered users.

 

  • How does copy trading crypto work on Bitget?

Copy trading crypto allows users to automatically replicate trades of experienced traders on the platform.

 

  • What security measures does Bitget use?

Bitget uses advanced encryption, cold storage, multi-signature wallets, and maintains a $300 million user protection fund.

 

  • Can I use Bitget in the U.S.?

Unfortunately, no, Bitget does not provide services to users from the U.S. Please refer to this announcement.

 

 

  • What is BGB?

BGB is Bitget’s platform token, offering benefits like trading fee discounts and access to new token listings.

 

 

>>> Related articles:

 

 

 

▶ Buy Crypto at Bitget

 

CoinRank x Bitget – Sign up & Trade to get $20!

 

Bitget, Messi, Crypto Exchange

 


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DISCLAIMER

CoinRank is not a certified investment, legal, or tax advisor, nor is it a broker or dealer. All content, including opinions and analyses, is based on independent research and experiences of our team, intended for educational purposes only. It should not be considered as solicitation or recommendation for any investment decisions. We encourage you to conduct your own research prior to investing.

 

We strive for accuracy in our content, but occasional errors may occur. Importantly, our information should not be seen as licensed financial advice or a substitute for consultation with certified professionals. CoinRank does not endorse specific financial products or strategies.


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