The cryptocurrency exchange Bitget has implemented on-chain data tracking and given users access to Smart Money (smart money) — strategies of professional investment institutions and seasoned traders.
The platform analyzes data from CeFi and DeFi sectors and identifies effective market participants. Copy traders can monitor the actions of these users and copy their trades.
Bitget launched copy trading in May 2020. During this period, more than 120,000 traders have shared their strategies, and more than 610,000 users have subscribed to them.
“Bitget’s on-chain data-tracking feature is a testament to the platform’s firm commitment to revolutionise cryptocurrency trading. This initiative opens up new opportunities for traders to leverage extensive experience, sophisticated investment tactics and deep market understanding, providing access to expert knowledge and strategies for making well-founded trading decisions,” said Gracie Chen, Bitget’s Chief Executive Officer.
Bitget — a cryptocurrency exchange serving more than 2 million users in 100 countries. The platform has been operating since 2018 and offers services for spot and futures trading, as well as margin lending.
Earlier, Bitget launched a subaccount giveaway for elite traders worth 10,000 USDT.