Bitget Copy Trade: Things You Need to Know as a Trader

This ultimate guideline brings together all the basics about Bitget Copy Trade and tips on how to get profit as a professional trader in one easy-to-read article.

 

For followers, please refer to The Ultimate Guide to Bitget's One-Click Copy Trade.

 

What is Bitget’s One-Click Copy Trade?

Bitget’s flagship product, Bitget One-Click Copy Trade, applies the principles of Social Trading to help traders connect with their experienced fellows and learn their success secrets. Any Bitget user can choose an expert trader to follow, hence become a Follower, and automatically copy all orders that particular Trader makes. This way Bitget One-Click Copy Trade provides a transparent and reliable trading environment where both professional traders and beginners can help each other generate more income cooperatively.

 

To date, Bitget is the world’s largest crypto copy trading platform with a network of over 80,000 (expert) traders and 380,000 followers. Combined, they have completed a total of at least 100 million trades since the inception of Bitget One-Click Copy Trade in late 2020.

 

Bitget One-Click Copy Trade: Operational Guidelines For Traders

As explained above, a Trader is someone who is an expert in crypto trading and decides to share his strategy with others in exchange for a reasonable portion of his/her Followers’ revenues. Below is a step-by-step guide for you to become the new expert on our copy trading platform and earn up to 10% in commissions.

 

Trader requirements

Before we go to Step 1, let’s review the requirements here first. You may very well call it Step 0 - a base for what we are going to do next.

(1) Application requirements:

• You have absolutely no open positions and open orders in any of your Futures accounts (the unified Futures account, the Isolated Margin account(s) and the demo account);

• You are not following any Trader at the time of application;

• You can only register one account as a Trader for Bitget Copy Trade.

(2) Deposit requirements: We have a tiered follower system that is consistent with the amount of equity (in USDT) in Traders’ Futures account as follows:

Increasing the follower limit is possible via contacting our Customer Support team or your dedicated BD. The highest number of Followers in this case is 1,000.

If your account balance declines and pushes you down the lower tier, all your current followers won’t be affected. They are still able to copy any of your new trades and orders. However, if any of them decides to unfollow you, they won’t be able to follow you again unless you deposit more equity into your account or until you have less followers than the current tier’s limit.

(3) Trader List requirements:

• Only when your Futures account balance remains above 500 USDT will you be displayed on the Trader List of Bitget One-Click Copy Trade. Please remember to update your account balance regularly as our Trader List is updated every 1 hour;
• You have to already complete at least one order supported by the platform;

• Your followers won’t be affected if you no longer appear on the list; it’s to give you gain exposure to the community.

 

Application process

Our application process is simply one click away from your Bitget Copy Trade site. Click on Apply to become a trader, fill in the information carefully, read & agree to the Trader Agreement terms and submit your application.

 

 

We will review your application and get back to you at the speed of light ;). In the meantime, think about which name you want to use as well as a matching avatar for your Trader profile as you won’t be able to change your name and avatar once they’re set.

 

I’m already a Trader. Now what?

First of all, congratulations for becoming a Trader and creating a whole new stream of income for yourself. You will want to execute the first trade for your followers and followers-to-be to copy. 

 

Need to check your position data? Go to the Futures page and click Initiated Copies or visit the Initiated Copies page. Keep in mind that this shows your data only, not your followers’ data on the trade(s).

 

As a Trader, you have access to nearly 60 pairs of both Bitget USDT-Ⓜ Futures and Bitget Coin-Ⓜ Futures:

And you can also take advantage of different order types as SL/TP, Trigger Order and Trailing Order as well.

 

Set take profit (TP) and stop loss (SL)

You can directly set take profit and stop loss under "Shared Trades" on the futures page and "My Trades" on the Copy Trading page. You can set a price of a percentage to take profit and stop loss. Please note: trailing take profit and stop loss is not supported.

 

Trigger Order and Trailing Order

You can open a position of trigger orders and trailing orders in the trading portal as you set up your trade. However, closing a position of trigger orders and trailing orders is not supported. Learn how to protect your trade and funds with the use of a stop loss or trailing stop loss!

 

Close your position(s)

If you wish to close your position(s), go to Initiated Copies to proceed.

Some notes on the closing process:

• Copy trades must be closed one by one by clicking onto Details of Initiated Copies or in bulk (possible for trades of the same direction only) by clicking onto Summary of Initiated Copies;

• Traders can only close their positions at the market price;

• Traders cannot close their positions via using trailing order and/or trigger order.

 

Initiate a Copy Trade with API

- Use your Bitget API; Please create an API if you do not have one;

- Follow the "Copy trading interface" in Bitget’s API documentation.

For more information about copy trading with API, please refer to this document. 

 

Advanced trading options

Bitget users can easily switch between Cross Margin Mode and Isolated Margin Mode at any time, by entering the futures trading page, and choosing to switch position mode. However, as you’ll be required to deposit your equity into a separate margin account in the Isolated Margin Mode (see here to learn more about these two modes), this action would result in a change in your risk management strategy. Please note that:
• You must have absolutely no open positions and open orders when switching between two margin modes;

• You can initiate a copy trade under any margin mode;

• Trailing orders and trigger orders are restricted under the Cross Margin Mode/Isolated Margin Mode.

 

Traders can also set the maximum leverage based on the maximum leverage levels given in the tables above for their copy trades.

 

Managing personal settings

Your personal settings are available through Copy Trade - My Trades - Settings. Avatar and name are unchangeable once they’re set, so please choose carefully. We strongly advise against important personal info (contact details, social media connection) revelation, implication or display in your avatar and/or your name. On the Trader List, your name will be shown in different languages.

 

To better describe yourself as well as your strategy, you can manually select from these hashtags to add to your profile: high frequency, low frequency, aggressive, stable, short term, and long term. Also, you can choose to display your total equity (in USDT) on your Trade page if you want to (by enabling this func-tion in your settings), otherwise it is disabled by default.

 

Managing followers

Traders can view all followers and their equity in My Followers on the Copy Trade page. In addition, you can choose to remove followers whose equity balance is lower than 100 USDT. Removed followers will not be able to follow you again within 60 minutes; they won’t copy your new orders but their current copied orders are not affected.

Profit Sharing Scheme for Traders

You can get up to 10% of followers’ profit based on your locked-up BGB holdings. The profit share will be settled on a daily basis.

Profit-sharing ratio

 

Settlement

- When the trader closes a position, the system will deduct the estimated profit from the follower’s account in advance if the follower has made a profit that meets the minimum requirement for profit-sharing. The follower’s actual profit sharable for copy trading that day will be paid at 12:00 A.M. the next day. Such "actual total profit" will be the amount payable to the trader.

- If the actual profit sharable is less than the deducted profit from the follower’s account, then the over-deducted amount will be refunded to the follower, and the residual amount will be paid to the trader.

- If the futures used by the trader for initiating a copy trade is a Coin-Margined Futures, the shared profit will be distributed in that particular coin. However, it will be displayed in equivalent USDT on the profit-sharing page of the APP, based on the exchange rate on the distribution day.

 

Check profit-sharing data

You can check the details of your shared profits from copy trade under "My Trader" - "Profit-sharing" on your homepage.

 

- Profits shared, Profits to be shared, Profits yesterday: All profits will be shown in USDT, but the actual profits will be distributed in the currency used as the margin by followers.

- The "Profits to be shared" is a dynamic value.

- Total shared profits and history shared profits: Only users with positive profits will be displayed in the details.

 

Profit-sharing requirements

- If the follower is not following any open positions of the trader (meaning all his positions have been closed), the profit to be shared will be distributed the next day.

- If there are still open copy trading positions, the profit share will not be paid until the last post is closed. In that case, the profit share will be paid the next day in aggregate.

 

Profit-sharing account

The futures account used by the trader to receive the shared profit should be the same as what he uses to initiate a copy trade.

E.g. If the trader initiates a copy trade of BTC / USDT, the profit to be shared will be distributed to his BTC / USDT futures account the next day. If the trader initiates a copy trade of BTC / USDT, the profit to be shared will be distributed to his BTC / USDT futures account the next day.

Examples

"Profit to be Shared" includes: Profit sharable from history orders and profit sharable from the orders closed on the current day.

If the profit from the closed positions is positive, the Profit to be Shared Today is expected to grow. If the profit from the closed positions is negative, the Profit to be Shared Today is expected to decrease.

For example: User A / B / C / D is following Trader M with positions featuring the following futures: BTC / USDT, ETH / USDT, BCH / USD.

Scenario 1:

User A has followed Trader M to open a position with BCH / USD and fully closed his position prior to the settlement time with a profit of 0.1 BCH.

In this case, 0.1 BCH * 8% = 0.008 BCH will be deducted from the follower’s account in advance; then, the trader will receive his profit share of 0.008 BCH the next day. If the exchange rate on the profit distribution day is 1 BCH for 350 USD, the profit-sharing data shown on the homepage would be 2.8 USDT.

Scenario 2:

User B has followed Trader M to open positions with BTC / USDT, ETH / USDT and BCH / USD, and closed all of them prior to the settlement date, with respective profits being 30 USDT, 20 USDT and - 0.1 BCH.

In this case, 30 USDT * 8% + 20 USDT * 8% - 0.1 BCH * 8% will be deducted from the follower’s account in advance. If the exchange rate on the profit distribution day is 1 BCH for 300 USD, the trader will receive 1.6 USDT the next day. 

Scenario 3:

User C has followed Trader M to open positions with BTC / USDT, ETH / USDT and BCH / USD, and the respective profit is 30 USDT, 20 USDT and - 0.1 BCH. He then closed all positions with positive profit and left the losing position open prior to the settlement time.

In this case, 30 USDT * 8% + 20 USDT * 8% will be deducted from the follower’s account in advance but will not be distributed to the trader the next day. If User C closes the losing position on the third day and the exchange rate on that day is 1 BCH for 280 USD, the trader will receive 1.76 USDT on the fourth day.

Scenario 4:

User D has followed Trader M to open positions with BTC / USDT, ETH / USDT and BCH / USD, and all positions with positive or negative profit remain open prior to the settlement time. In this case, no profit will be deducted from the follower’s account in advance.

 

Copy-trading is something you are interested in? Sign up and begin your seamless crypto copy trading journey with us!

 

If you want to learn more about Copy Trade as a Follower, please click: ​​Bitget Copy Trade: Things You Need to Know as a Follower