Bitget Copy Trading Updates: Slippage Configuration
In order to minimize the price difference between the entry price for users following elite traders and elite traders' entry price, Bitget Copy Trading will officially launch Slippage Configuration on September 13th! The new feature will help minimize the difference in entry prices between users who are following the elite traders and the elite traders' own entry price, especially during periods of high market volatility. This will provide users with a smoother and more efficient copy trading experience, reducing the risk of significant losses due to price discrepancies.
1. What Trading Pairs Are Currently Supported?
2. How Do I Configure Slippage?
a. Go to Futures Copy Trading configurations page and select Switch to advanced. Select Risk management and click on Slippage. Then configure the slippage within the 0.1%-1% range. Please note that advanced settings require a slippage limit to be set separately for each trading pair.
b. If the slippage exceeds the set percentage, opening positions won't copy the elite trader. The set slippage percentage will be applied to every order that users follow from that elite trader.
If you set the slippage at 1%, and the elite traders' best execution price for an open long position is 20,000 USDT, you will not copy the elite trader if the best execution price exceeds 20,200 USDT. If an elite trader's sell order for a short position is executed at a price of 20,000 USDT, it will not be followed by the copy trading system if the best execution price drops below 19,800 USDT.
Note: Due to market volatility, slippage at the time of placing an order may exceed the set limit. We apologize for any inconvenience caused.