Bitget, the world’s leading cryptocurrency exchange, has announced the launch of its new product Bitget Insights. The feature integrates social media with social trading via the Bitget exchange. The launch marks the next phase in Bitget’s crypto social trading initiative, which is designed to benefit new retail investors and seasoned traders.
What is Bitget Insights?
Bitget rose to prominence with its core focus on social trading. Currently serving over two million users in more than 50 countries worldwide, Bitget accelerated its mission to promote decentralized finance with the launch of Bitget Insights.
Bitget Insights strives to push the boundaries of Web3 by providing an opportunity for new traders to learn from experienced traders and enter the crypto ecosystem without an ounce of doubt. The platform is a seamless combination of social media and trading. It provides a live feed of highlights focused on trading where accomplished traders can post their analyses and strategies.
This feature answers all the questions a new trader might stumble upon by offering valuable insights about the crypto sphere and the most relevant trends that affect the crypto ecosystem.
In contrast to other social media platforms, Bitget assures that all shared insights come from verified and credible traders, saving novice traders time, resources, and possible losses due to cryptocurrency shilling, fake endorsements, or other crypto scams.
Only traders who match specific criteria, such as being verified traders on the Bitget platform, are permitted to publish and post using this new tool, ensuring that Bitget Insights gives relevant and informative insights to users. Other traders can follow and take advantage of the insights, such as the technical strategies or market analyses, posted by the verified traders.
Enhancing social trading initiatives
Bitget’s decision to accredit qualified traders was driven mostly by the prevalence of malicious agents and frauds on other social media platforms. These scams make it difficult for rookie traders to make educated trading and investing decisions. Bitget Insights seeks to provide additional security for new users entering the markets by verifying traders using actual trading data from the exchange.
Bitget Insights enables accredited traders to increase their community presence by sharing market views and trading strategies with millions of existing traders on Bitget’s global platform. Thus, experienced users can share their views and ideas to gain fame and increase their following. Accredited traders can also benefit from Bitget Copy Trade, Bitget’s flagship crypto social trading product.
Gracy Chen, Managing Director of Bitget, said, “Innovative trading products and social trading services are Bitget’s quintessential and key features. Bitget is a pioneer in crypto social 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 are actively listening to our community, and we know that a lot 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 glean insights from verified traders on our platform. Ultimately, this makes crypto more accessible to wider markets or individuals who might otherwise be hesitant about Web3.”
How does Bitget Insights benefit Key Opinion Leaders?
Key opinion leaders (KOL) can use Bitget Insights as an effective tool to interact with their followers and increase their credibility and reach by offering accurate information that benefits their user base. The feature offers KOLs certain benefits like:
- A fully personalized and custom domain for their profile.
- An early traffic bonus to boost their trading income and followers by utilizing Bitget’s 2 million existing users.
- The ‘Star Maker’ program offers traders a chance to become top International Web3 influencers.
- The opportunity to become a Bitget Social Trading Brand Ambassador.
- An invitation to feature as a guest on the Bitget Insights Online Roundtable and official Twitter space.
- Get awards like Bitget Annual Social Trading Accolade, the Bitget Top Social Trader Award, and the Bitget Top Influencer Award.
- Avail premium privileges such as Bitget Benefit Cards and custom NFTs.
- Cash rewards for esteemed contributions.
The Final Word
To celebrate the launch of Bitget Insights, Bitget has prepared a User-Generated Content campaign. The campaign includes an exciting giveaway and share 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.
Since its official launch in the crypto derivatives market in June 2019, Bitget has grown to become one of the world’s largest crypto copy trading and derivatives exchanges, ranking in the top five internationally for derivatives trading by volume according to CoinGecko.
Its flagship offering, One-Click Copy Trade, is nothing short of a pioneer in social trading and has amassed over 55,000 professional traders, with approximately 1.1 million followers, reinventing the experience for crypto derivatives traders worldwide.
Adhering closely to its philosophy of ‘Better Trading, Better Life’, Bitget is devoted to delivering comprehensive and safe trading solutions to customers worldwide, seeking to be the gateway that spans Web2 and Web3 linking CeFi and DeFi, resulting in an expansive bridge to the vast web of crypto.
Bitget is a top crypto trading exchange with 100,000 KOLs that focuses on transforming the way people connect and trade with social trading. Bitget Insights is a revolutionary step to enhance social trading initiatives and make valuable crypto-specific information accessible to all, thus empowering both new entrants and experienced traders to expand their grasp of the crypto ecosystem.
To know more about Bitsget, please visit their official website.
Disclaimer: This is a paid post and should not be treated as news/advice.