Bitget Adds rSMA/USDT to Spot Copy Trading Platform
Bitget has integrated the rSMA/USDT pair into its spot copy trade service, allowing users to automatically mirror professional traders.
Cryptocurrency exchange Bitget has announced the integration of the rSMA/USDT trading pair into its spot copy trade section, according to an announcement published by Bitget_Announcements. Elite traders can now access the spot elite trade section to initiate trades using the newly supported pair, while copy trading users are able to select designated traders to automatically replicate their market strategies.
Copy Trading Mechanics
Instant Telegram notifications for large on-chain moves.
The platform's copy trading feature allows participants to select professional traders whose positions are systematically mirrored by the system. When an elite trader opens, adds to, reduces, or closes a position, the execution follows the user's preset parameters, such as a fixed ratio or fixed amount. This automated setup removes the requirement for real-time market monitoring.
Risk Warnings
Bitget noted that copy trading involves inherent market risks, emphasizing that past performance does not serve as a guarantee for future results. Execution prices for copiers may diverge from those of elite traders due to variables such as market volatility, order slippage, modifications to traders' positions, and platform risk control restrictions.
Key facts
- Bitget added rSMA/USDT to its spot copy trade platform.
- Elite traders can initiate trades via the spot elite trade section.
- System executes trades automatically based on preset fixed ratio or fixed amount modes.
- Execution prices may differ from elite traders due to slippage, volatility, and risk controls.
Source: bitget.com
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