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Successfully through the bear market with the right tools

admin by admin
July 21, 2022
in IT news
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bitget titelbild mit astronaut, der ein bitget-symbol im gesicht hat
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Bitget, one of the leading crypto derivatives platforms on the market, offers the right tools and gadgets to profit at every stage of the market. Especially in the current market phase, it is important to have the right tools and the right knowledge in your backhand in order to make a profit in the bear market.

There is currently little to gloss over: the miserable global economic situation has also hit the crypto market hard. Bitcoin has rocketed from its all-time high of over $69,000 last November to under $18,000 on June 17, 2022. The altcoins have also had a hard time, the Terra Luna debacle is still on the nape of many investors’ necks.

Profit in the bear market with Bitget

However, anyone who bets on falling prices with futures in such market phases can make a whopping profit. Here, the crypto derivatives platform Bitget holds a unique feature in its backhand: the coin-margined futures.

Instead of other future products, which are only designed for corresponding coins, the coin-margined futures offer the possibility to deposit the margin in other cryptocurrencies. Thus, traders have to limit themselves less in crypto trading and can increase their chances of winning.

Copytrading: Trade like the pros at the click of a mouse

Another, in any case, more convenient way to safely navigate the bear market is copytrading. Here, users simply copy the strategies of successful traders and can thus significantly increase their chances of profit. Here Bitget has introduced an innovative feature that is unparalleled on the market: the one-click copy function.

Users can choose between over 12,000 professional traders and copy the most promising strategies with just one click. The numbers speak for themselves: the professional Bitget traders already have over 380,000 followers. While the pros were able to rake in over $ 100 million in profits, the total profit for the followers is over $ 120 million.

Users of Bitget therefore have the opportunity to follow elite traders and have certain transactions carried out automatically. This allows you to automatically make a profit without having to be afraid of falling for scammers. Bear market or not!

Social Trading: Just Follow the Pros

Social trading is also part of Bitget’s comprehensive product portfolio. Social trading allows people to interact with and observe other traders. In addition, you can follow the strategies of the professionals and also implement them yourself. Social trading also maximizes your own trading potential – with a little help from someone who has more experience. With the One-Click Copy Trade, the exchange has integrated a social trading pattern into the core of Bitget, where followers and traders can interact without limits and follow their own networked path to financial freedom.

Using levers to make bigger profits

In addition, many trades on Bitget can be provided with levers. This can increase the chances of winning by another one. For example, if you set a 125x lever, you can increase your chances by a factor of 125.

The best thing about it: users do not have to deposit the entire amount they leverage. Rather, even a fraction is quite sufficient as a margin.

Conclusion: Bitget – an exchange that is worth an investment

It is not for nothing that Bitget is considered the fastest growing crypto derivatives platform for traders on the crypto market. The total trading volume with derviaten reached an all-time high of 8.69 billion US dollars at the beginning of the year – a growth of 300 percent compared to the previous year.

Through one-click copy or coin margin futures, the platform clearly trumps the competition. With a stable and secure trading system, 24/7 customer support and over two million users worldwide, it lays the foundation for successful trading. This gives everyone the opportunity to increase their chances of successful trades and returns at any stage of the market. We think: this platform is worth a second click.

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