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For most retail investors, trading has traditionally been a solitary exercise, making the barrier to entry relatively high. Information regarding trading instruments and market conditions can often be hard to come by or, at other times, too complex for beginners to grasp. Here at Bitget, the organisation is determined to remove this barrier by turning trading into a social, collaborative activity that investors can engage in together.
To further enhance social trading experience, the team at Bitget have recently launched two new services: Bitget Insights and Bitget Strategy Plaza. Both of these platforms allow traders to more easily share their knowledge and opinions on market conditions and trends, giving users the space and opportunity to engage in constructive collaboration. Along with other social trading products such as One-Click Copy trade, Bitget gives investors an edge with a series of crypto social trading features.
What Is Social Trading?
Social trading places a focus on bringing investors and traders together by combining the interconnectedness of social media platforms with the world of finance and trading. Through platforms built specifically for the industry, users are able to share their ideas and strategies with each other, so that beginners can better understand what experts are doing, and seasoned professionals can garner a healthy following that, on Bitget, can become an alternative source of income.
The system allows collaborative efforts to flourish and effectively lowers the barrier to entry into the world of cryptocurrencies while building more confidence for users as they make more informed financial decisions. According to a market forecast by The Insight Partners, the global market for social trading is now worth US$2.23 billion and is expected to grow to US$3.77 billion by 2028. With an expected CAGR of 7.8%, social trading is quickly becoming the new face of finance, and there’s no better time to join in on the trend than now.
Understand How Professionals Trade With Bitget Insights
While our One-Click Copy Trade service makes life as convenient as possible for users to ride on the success of more seasoned professionals, the system doesn’t exactly manage to promote deeper communication than most social media platforms promote. This is where Bitget Insights steps in. Essentially, the latest creation is a newsfeed on which expert traders can share their views and opinions on market conditions and trends,…
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