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Maximizing Your Earnings with Bitget’s Spot Copy Trading Function: Tips and Tricks

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2023-03-31
Maximizing Your Earnings with Bitget’s Spot Copy Trading Function: Tips and Tricks

Bitget has always been a pioneer in social trading. Bitget revolutionized crypto futures trading with its flagship product, One Click Copy Trading, making it easy and profitable for newcomers to implement sophisticated futures trading strategies in the blink of an eye. As of today, our One Click Copy Trading has accumulated over 80,000 traders, 338,000 followers, over 42 million successful trades, and shared over 20,000,000 USD of profits with our traders.

So are you in a situation where you don't have time to keep an eye on the market all day long? Do you tend to make heavy emotional decisions when the market turns hot? With Copy Trading on Bitget you can follow professional traders that do the work for you and profit together! Here are a few tips and tricks that can help maximize your earnings.

Find quality traders for spot copy trading

A good trader can keep stable profits in a bull market as well as in a bearish or neutral market sentiment. They typically have a good understanding of their own risks, and manage it carefully. A simple click on the trader profile photo while navigating to the page that displays personal information. On this page, detailed information on orders, followers and other insights can be found.

Learn a trader’s track record

A good trader to follow must show consistent results rather than sporadic results. A quick way to identify this is to look at the historical performance chart. If it's gradually increasing, then you could be looking at a fitting candidate to follow. If there are irregular spikes, check out someone else.

Look for social proof

Check out how confident the following is of the trader. Is the trader being followed by followers that have invested a decent chunk of money? That means the following is putting faith in the trader, and you might as well.

Profit splitting

The copy trading function uses a compensation system in the form of profit splitting. This means that it works both ways. While a follower may delegate the work to a professional trader freeing up more time for themselves, the traders themselves enjoy some perks as well. Through following a trader, profitable trades may be placed. The profits made are shared. A trader may see up to 10% of the profits as returns from their following.

Social exposure

Bitget values those who achieve results and help others. Traders can get certified and Bitget makes an effort to let the traders shine by helping them gain exposure to extend their reach. Additionally a protection fund is available which in turn improves credibility.

Whether you are seeking to become Bitgets latest Star Trader, or looking for one to follow. There is something in it for everyone, where everyone has a chance to benefit!

Start copy trading now!

Not a Bitget user yet? Simply create an account, and start exploring the incredible Bitget-Verse today!