Bitget Rolls Out CFD Copy Trading Amid Rising Demand for Cross-Market Exposure

Coingapestaff
5 hours ago
Coingapestaff

Coingapestaff

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Bitget logo above a stylized Hong Kong skyline, reflecting the exchange’s support for communities after the recent tower fire.

Highlights

  • Bitget has introduced a new copy trading feature for CFD traders.
  • It will allow users to execute trades by renowned traders without manually opening positions.
  • The exchange aims to cater to users who are keeping in touch with macro developments and want to set trades based on global updates.

Bitget has added a new copy trading option to contracts for difference (CFDs). The move makes its platform accessible to more than just digital assets into the traditional financial markets. Through the offering, participants can duplicate trades of experienced traders in forex, commodities, and major indices without having to open positions manually.

Bitget Introduces New CFD Copy Trading Feature

The launch is timed with the CFD business of Bitget picking up pace. The crypto exchange recently registered a high of more than $6 billion in daily trading volumes. The heightened volatility in the world markets especially in the currency pairs, crude oil, and other assets like gold have encouraged more traders with crypto-interest in diversifying their exposure.

Although the involvement in macro-oriented trading strategies has been growing, it had mostly been limited to more advanced users. These users proactively track economic and global trends and monitor the economic data via crypto tools. Bitget’s latest feature is set to fill this gap, making access to retail participants easier. Gracy Chen, CEO of Bitget, remarked on Bitget’s CFD copy trading:

“More users are paying attention to macro movements because the opportunity set has widened beyond crypto alone. What matters now is making that access practical. Copy trading lowers the execution barrier for users who want exposure to global markets without needing to build that expertise from scratch.”

In addition, it is integrated with MetaTrader 5 (MT5), which enables a quicker onboarding process and simplified account management. The company has automated infrastructure that allows account creation and withdrawals to take place within several seconds. According to the company, this process eliminates delays that are normally experienced when using external brokerage services.

A Look At The Profit Sharing Model

For further context, the platform uses the ‘High-Water Mark’ model of profit sharing. Under this structure, users can only claim a share of profits once the followers reclaim past losses and achieve new profitability levels. It is a mechanism that aims at improving the relation between incentives that the traders and their followers have.

Performance indicators, such as returns and follower information, are updated every hour, as opposed to a delayed reporting mechanism observed on certain rival platforms. Profit settlements are made on a daily basis where the best traders can receive a profit share up to 30%.

Furthermore, the new feature acts as a part of Bitget’s strategy to standardize trading between asset classes. Users can use USDT as a margin to access various markets without necessarily having to move the money between different platforms or transfer assets to different currencies.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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