Bitget has introduced a Bot copy trading product which allows users to copy trading bots at the press of a button. Their introduction is an indicator of a change in the industry, with algorithmic trading tools becoming common in the crypto world.
What is the Bot Copy Trading by Bitget?
Based on the press statement, the new feature will allow the experienced bot creators partner with users that have interest in automated strategies without complicated setups. Users are able to choose qualified bots that suit their trading specifications.
Bots adhere to pre-established guidelines to be able to buy and sell continuously. Having less emotional judgments and remaining calm amidst turbulent market conditions are the main characteristics of the bot’s design.
Bitget explained that the bot copy trading launch is to simplify automated trading among beginners. This action comes after the company expanded its activities into tokenized assets with the Bitget TradFi volume reaching $2 billion in a day.
The feature has a structured profit-sharing system with the creators of the bot. Performing strategies can have a profit-share of under 30% with approved bot creators.
Bots with the best results are made visible with the help of rankings and featured positioning. This discovery is based on performance and assists users in finding out which strategies have consistent performance without using marketing claims.
Bitget Strengthens Automated Trading Solutions
At the user level, bots being copied will automatically be in sync with the creator parameters. Hence, users can stop copying any time and start real-time monitoring of performance metrics.
Distribution of profits is automatically determined at the close of every trade period. This eliminates manual operations and enhances transparency of users and creators.
The first edition of the copy trading works for futures grid bots and spot grid bots. Also, the grid bots are widely used to track the occurrence of repetitive price movement in a particular range.
Bitget stated that it has plans to release more types of automated bots in the future. However, the increase will be for additional trading styles and trading conditions.
The deployment is in line with the overall expansion plan of the firm. This is stressed in the Bitget 2025 overview indicating safe-haven asset demand.
The leadership of the company indicated that the product is based on the direct feedback from traders. Thus, it is focused on deploying strategies faster, accessing data about performances more clearly, and accessing experienced creators more easily.
Why the Rush to Algorithmic Crypto Trading?
Cryptocurrency exchanges are growing faster than manual trading interfaces across the industry. Hence, automation and bot copy trading models are becoming the standard and not an option.
The trend is similar to what’s happening in traditional finance where algorithmic trading takes most of the volume during trade execution. For novices, the Bitget bot trading feature reduces the threshold to start algorithmic trading. In addition, users do not need any knowledge in coding or to monitor the market all the time before they can trade.
Competition among the exchanges is on the increase with the adoption of automated tools. Hence, platforms are making efforts to provide more simplistic, transparent and performance-based automation for their users.
Bitget has more than 125 million customers worldwide. Therefore, its Bot Copy Trading indicates the introduction of algorithmic crypto trading into the broader market.
Source: https://coingape.com/bitget-launches-one-click-bot-copy-trading-for-crypto-users/
