This feature is used to integrate social media with social trading through the Bitget exchange. This launch represents the next step in the Bitget social cryptocurrency trading initiative, which aims to benefit both new retail investors and experienced traders.
Bitget Insights gives new traders the opportunity to collect insights from experienced traders. Compared to existing social media platforms, Bitget ensures that all reviews shared are primarily from verified and credible traders, saving new traders time, resources and potential losses from cryptocurrency “shillings”, fake recommendations or other crypto scams.
To ensure that Bitget Insights provides users with useful and insightful insights, only traders who meet certain criteria, including a real, verified trader on the Bitget platform, can share and post with this new feature. They must also have a significant and verifiable number of followers on various social media platforms. Other traders can follow and benefit from information, such as technical strategies or market analysis, posted by verified traders.
Bitget’s decision to accredit qualified traders is mainly based on the existence of numerous malicious agents and frequent scams on other social media platforms. This makes it difficult for new traders to make informed decisions about their trades and investments. Since traders are verified against current trading data on the exchange, Bitget Insights strives to provide better protection for new users entering the markets.
Bitget Insights also allows accredited traders to increase their community presence by sharing market insights and trading strategies with potentially millions of existing traders on Bitget’s global platform. Accredited traders can also take advantage of Bitget Copy Trade, the premier crypto social trading product.
Gracy Chen, general manager of Bitget, says: “Innovative trading products and social trading services are typical and most important features of Bitget. Bitget is a pioneer in social crypto trading thanks to its way of working to improve products through innovation. On “Bitget Insights”, the social trading platform where valuable insights are more accessible to everyone, curated and verified traders and selected opinion leaders can post their chart analysis, technical strategies and articles to share their insights with followers. »
“Above all, we actively listen to our community and we know that with the wealth of information and misinformation that can be found on Web3, it can be difficult to navigate, especially for new investors. As a CEX (Centralized Exchange) crypto exchange, we are in a unique position to help Web3 traders and investors gather information and get ideas from verified traders on our platform. Ultimately, this makes crypto more accessible to broader markets or people who might otherwise be hesitant about Web3. »
To celebrate the launch of Bitget Insights, Bitget has prepared a user-generated content campaign, including a giveaway and sharing contest for users who post original ideas and content on the platform. Winners can share up to $100,000 BGB, memorabilia signed by Bitget’s newest partner, Lionel Messi, and more. Visit our website for more information.
About Bitget
Founded in 2018, Bitget is among the top five cryptocurrency exchanges in the world with innovative products and social trading services as its main features, and currently serves more than eight million users in more than 100 countries around the world.
The exchange is committed to providing users with safe trading solutions and aims to increase cryptocurrency adoption by collaborating with credible partners, including legendary Argentine footballer Lionel Messi, Italy’s premier football team, Juventus.
bitget.com
SOURCE Bitget Ltd.