Bitget charges flat trading fees for the most liquid trading markets, which differ from many other sites where the fees are dynamic and depend on trading volume. Most novice traders don’t appreciate how time-consuming becoming a successful crypto trader is. If you’re working full time, you may not have access to the crypto market at peak times, when liquidity is highest.
Repayments of loans are settled automatically when the position is closed. This makes the process of borrowing and trading with leverage very convenient and streamlined. Additionally, Bitget offers multi-currency collateral options, allowing you to trade with different types of cryptocurrencies as collateral for your trades. Bitget’s Copy Trading feature enables users to duplicate the strategies of other traders on the platform for better results.
The Bitget exchange is located in Seychelles, enjoys a user base of over 5 million people located all over the world, and is ranked as a top 10 exchange in terms of Futures trading volume. Fees vary depending on which market or contract is being traded, you can find a full breakdown on the Bybit trading fees page. For anyone familiar with crypto platforms and trading, both Bitget and Bybit are great platforms.
But after setting up this strategy, also carefully study our short-term trading strategy. Before you select any trader to follow or copy, we have created a checklist you should check whether they are the right choice or not. It can help you make a profit rather than only selecting the highest ROI or PnL. Copy Trading has become a popular instrument since its first introduction into the crypto currency space on Bitget in 2017.
It is worth noting that the exchange does charge a withdrawal fee, which is displayed during the withdrawal process, but users can find a complete list of all fees on the website. The daily withdrawal limit is 20 BTC (or equivalent in another cryptocurrency) for users who have not completed the KYC process. The users of Bybit copy trading are made up of skilled traders who enjoy 10% of the profit earned by each of their followers, and by users who want to copy the trades of skilled traders. bitget copy trading has a good selection of over 400 crypto assets and almost 600 trading markets.
This way, you’ll master advanced trading strategies much faster and with the support of a knowledgeable community. Before activating your copy trades, it is helpful to check Bitget trading fees. We recommend checking your copy trading account frequently to ensure you have sufficient funds and are happy with the copy trader’s risk management and results. Are they available to the community or disappear for days or weeks without explanation?