Introduction
Bitget has announced a significant upgrade to its Onchain platform, enhancing the trading experience for users by providing access to millions of on-chain assets across four leading blockchains: Ethereum (ETH), Solana (SOL), Binance Smart Chain (BSC), and Base. This comprehensive upgrade includes a new feature for smart money signal copy trading, allowing users to leverage advanced trading strategies more efficiently.
Key Features of the Upgrade
1. Extensive Asset Coverage
- Trade Seamlessly: Users can now trade millions of on-chain assets without being confined to traditional curated listings.
- Exploration Opportunities: This enables access to both popular and emerging projects, allowing traders to capitalize on diverse market opportunities.
2. AI-Driven Smart Money Signal Copy Trading
- Real-time Signals: The platform utilizes AI to track top on-chain smart money addresses, analyzing potential trading signals.
- One-Click Trades: Users can automatically copy trades from these signals with a single click, boosting their chances of success in the crypto market.
3. Tokenized U.S. Stocks
- Traditional Assets on Blockchain: Bitget Onchain supports trading of over 100 tokenized U.S. stocks using USDC, with zero gas fees, integrating traditional financial assets into the blockchain space.
- Enhanced User Experience: This feature allows users to diversify their investment portfolios further without incurring excessive costs.
4. Professional Trading Tools
- Advanced Indicators: Users have access to various trading indicators such as EMA and RSI within minute-level candlestick charts.
- Strategy Execution: The platform supports various order types including limit orders, take-profit/stop-loss, and others, enabling users to implement advanced trading strategies seamlessly.
5. Integrated Trading Experience
- Fast Transactions: Users can execute buy and sell orders for on-chain assets almost instantaneously directly from their Bitget spot account using USDT or USDC.
- No Delays: The upgrade eliminates the need for chain-switching or wallet-hopping, streamlining the trading process for users.
6. Enhanced Security Model
- Safe Asset Management: The new security model means that users do not need to handle private keys or special permissions.
- Enterprise-Level Security: Bitget ensures that all assets are safeguarded at the exchange level, enhancing user confidence in their investments.
Risk Management
Fee Structure
- Transaction Fees: A standard transaction fee of 0.5% applies, with additional gas fees for trades involving stock tokens.
AI Signal Performance
- Caution Advised: Although AI-generated smart money signals can enhance trading strategies, they do not guarantee profits and users should conduct their research before following these signals.
- Limited Copying: Currently, users can only copy buy orders, with sell orders not supported.
Conclusion
The major upgrade to Bitget’s Onchain trading platform is a substantial evolution, offering users enhanced tools and features to optimize their trading experience. By combining millions of on-chain assets with advanced copy trading capabilities and professional technical tools, Bitget aims to position itself as a leader in the new era of decentralized finance. Users are encouraged to update their apps and explore the new features available.