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Bitget launches Strategy Market for automated trading

Bitget launches Strategy Market for automated trading

The cryptocurrency exchange Bitget has opened a new section, the Strategy Market, which allows users to copy other traders’ trading strategies and share their own.

After subscribing, the trading bot copies and automatically executes the strategy for 30 days. Users can publish their trading plan for free or sell it for Tether (USDT).

Traders can monitor running time, number of sales and the profitability of the strategies.

The Strategy Market, alongside the copy trading service and the Bitget Insights platform, advances Bitget’s concept of social trading.

“We strive to provide clients with the best conditions for social trading and exchange of ideas. The Strategy Market will help users diversify their portfolios and expand opportunities in the market. The service will also enable traders who charge a subscription fee for their trading strategies to earn additional income,” commented Grace Chen, Bitget’s managing director.

Bitget is a Singapore-based cryptocurrency derivatives exchange, ranking fourth by futures trading volume in CoinGecko’s derivatives ranking. In Bitget’s copy trading service, 55,000 traders share trades with 1.1 million followers.

Earlier last week Bitget announced the third international futures trading tournament, the King’s Cup Global Invitational 2022 (KCGI), with a prize pool of up to 100 BTC and gifts from Lionel Messi.

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