Followers can copy trade worry-free as all trading data are authentic, real-time, and transparent, and all copy trading records are traceable. As explained above, a Trader 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. Bitget also employs advanced security measures to safeguard its users’ accounts and data. The platform incorporates two-factor authentication, SSL encryption, and other security protocols to ensure robust protection against hacking and other threats. The minimum deposit amount in the Bitget exchange depends on the cryptocurrencies, and deposits less than that amount will not be accepted.
On top of this there are also tools available to take control of your risks rather than laying them all in hands of the trader you copy. Hundreds of elite strategists have all gone through our rigorous review process. You can choose whomever you want and view their trading history to check more data.
As seen in the image above, this trader’s user preference is unequally divided between BTCUSDT and ETHUSDT, with the latter being more prominent than the former. To have a better understanding of how you can choose a trader to copy, look at its Trader’s Profile and study its data. The “Full” sign next to a trader’s name indicates that we cannot copy their trades for the reason that the trade is limited. You may also use the Search Bar at the corner if you have a specific trader in mind. As of this writing, Bitget ranks 5th in the Top Cryptocurrency Derivatives Exchanges according to CoinMarketCap.
Like Bybit, trade execution on Bitget is flawless and trades occurred nearly instantaneously which is important to avoid issues like slippage. Bitcoin Trading Bot -down menus make platform navigation a breeze, there really is no fault to be found for design or useability. Aside from the trading interface, Bybit is quite nice to use in terms of navigation. Bitget takes an extra step in security as they are licensed and have received 12 A+ ratings from SSL Labs.
According to their website, they have been awarded 12 A+ scores at SSL Labs. Investors can enable two-factor authentication before they are permitted to deposit money into the cryptocurrency exchange. Coinbase is one of the best exchanges for beginners and is a more user-friendly place to simply buy and store crypto.
Binance is the preferred platform by most traders due to its comprehensive, robust features and offerings. The fact that Bitget is regulated and licensed, was listed as a top 5 exchange for futures trading, and follows high-security standards makes this quite a good exchange and one worth consideration. I will be interested to watch this exchange grow in popularity and see it take off during the next bull run and in years to come. Here, you can choose the asset, the network (in the case of multi-chain assets), and the deposit address, which can be either copied or scanned via the provided QR code.