[Important] Comprehensive Bot Copy Trading Upgrade
Bitget, a leading cryptocurrency exchange, is set to introduce a major upgrade to its bot copy trading features in mid-October, aimed at enhancing trading efficiency and user experience. This article outlines the key highlights of this upgrade, its benefits for strategists and users alike, and essential details that must be noted.
Upgrade Highlights
1. Profit Sharing System
- Automated Profit Sharing: Strategists can now earn a share of profits made by copiers using the bots they create. The sharing ratio is customizable, empowering strategists to set their desired level of passive income.
- Flexible Ratios Available: Options for profit share ratios include 0%, 10%, 20%, and 30%, allowing strategists to choose based on their preferences.
2. Smart Ranking and Recommendations
- Quality Display: Bots that meet specific qualification criteria will be showcased on what Bitget calls the “Bot Square.” This includes metrics like Profit and Loss (PnL), drawdown, number of copiers, and ROI, helping users identify top-performing bots efficiently.
- Recommendation System: The platform will recommend high-quality bots based on their recent performance and trading pairs available, enhancing user navigation and trading decisions.
3. User-Friendly Operations
- Simple Investment Process: Users looking to copy strategies need only input their desired investment amount. Should a strategist adjust the active bot’s investment amount, copiers will receive real-time notifications so they can adjust their actions accordingly.
Important Notes for Users
- Publish and View Requirements: Post-upgrade, strategists must publish or view details regarding their trades and bots directly on the website.
- Expiration of Strategist Status: Be aware that some users may lose their strategist status after the upgrade. A guide for restoring this status will be provided on the bot copy trading homepage.
- Limitations: Currently, the bot copy trading functionalities are limited to futures grid and spot grid strategies under the classic account mode. Position vouchers and coupons are not applicable in this context.
Conclusion
The comprehensive upgrade to Bitget’s bot copy trading is designed to create a more efficient and user-friendly trading environment. With enhanced profit-sharing capabilities, smart recommendations, and simplified operations, both new and existing users are positioned to benefit significantly. Don’t forget to update your app to access these new features!
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