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Bitget Launches “Bitget Insights” to Enhance Social Trading Initiatives – Press Release Bitcoin News
press release
PRESS RELEASE. 31 October 2022 – Leading Global Cryptocurrency Exchange Bitget Announces Launch of Its New Feature “Bitget Insights”‘. The feature serves to integrate social media with social trading via the Bitget exchange. The launch marks the next step in Bitget’s crypto-social trading initiative, aimed at benefiting both new retail investors and experienced traders.
With Bitget Insights, new traders will have the opportunity to gain insight from experienced traders. Compared to existing social media platforms, Bitget guarantees that all shared insights come from verified and credible traders in the first phase, thus saving new traders time, resources and potential losses due to cryptocurrency ‘shilling’, fake endorsements or other crypto scams.
To ensure that Bitget Insights provides valuable and insightful views to users, only those traders who meet certain criteria, which includes being an actual verified trader on the Bitget platform, can share and post using this new feature. In addition, they must have a significant and controllable following across various social media platforms. Other traders can follow and benefit from the insights, such as the technical strategies or market analysis, posted by the verified traders.
Bitget’s decision to accredit qualified traders was mainly based on the fact that malicious agents are common and fraud is frequent 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 based on actual trading data on the exchange, Bitget Insights aims to provide better protection for new users entering the markets.
Bitget Insights also enables 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 benefit Bitget Copy Tradethe flagship social crypto trading product.
Gracy Chen, CEO of Bitget, says: “Innovative trading products and social trading services are Bitget’s hallmarks and key features. Bitget is a pioneer in social crypto trading thanks to the way it works to improve products through innovation. On ‘Bitget Insights’, the social trading platform where valuable information is more accessible to everyone , the 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 much of the information and misinformation about Web3 can be difficult to navigate, especially for new investors. As a crypto-CEX (Centralised Exchange), we are in a unique position to help traders and Web3 investors gather information and gain insights from verified traders on our platform. Ultimately, this makes crypto more accessible to broader markets or individuals who might otherwise be hesitant to Web3.”
To celebrate the launch of Bitget Insights, Bitget has prepared a user-generated content campaign, which includes a giveaway and sharing contest for the users who post original insights and content on the platform. Winners can share up to $100,000 BGB, souvenirs signed by Bitget’s latest partner Lionel Messi, and more. For more information, please visit the Bitget website.
About Bitget
Established in 2018, Bitget is the world’s top five leading cryptocurrency exchange with innovative products and social trading services as key features, currently serving over 8 million users in more than 100 countries around the world.
Committed to providing one-stop and secure trading solutions to users, the exchange aims to increase crypto adoption by partnering with credit-worthy partners, including Argentine legendary soccer player Lionel Messi, Italy’s leading soccer team Juventus, PGL Major’s official esports crypto partner, and the leading esports organization Team Spirit.
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