Bitget Launches Customizable Leverage and Margin Modes for Futures Copy Trading
We are delighted to offer customizable leverage and margin settings, boosting flexibility and control in futures copy trading. Here is your comprehensive guide to these latest updates.
Futures Copy Trading with Bitget
Since our establishment in 2018, Bitget has grown into the leading crypto derivatives trading platform, offering innovative products and services tailored to the needs of our diverse user base. Our customer orientation is based on integrity, transparency, and the preservation of a true “win-win” environment for all parties involved. Our efforts have resulted in a huge customer base of 25 million users from 100 countries and regions worldwide. In terms of scale, Bitget is the world’s largest digital copy trading exchange, where over 130,000 elite traders and 650,000 copiers have shared a total of US$430+ million in profits.
As part of our ongoing efforts to empower our users, we are excited to introduce two major updates to our Futures Copy Trading product: Customizable Leverage and Margin modes.
Trade smart with Bitget futures copy trading!
Update #1: Customizable Leverage and Margin Modes
At Bitget, we understand that everyone has unique preferences and strategies. With our latest update, you now have the freedom to customize leverage and margin modes according to your own trading style. Whether you prefer to align with an elite trader's settings or set your own parameters, our platform offers unparalleled flexibility to cater to your needs.
To customize your leverage and margin modes, follow these simple steps:
● Head to the Bitget Futures Copy Trading page, browse among our 130,000+ elite traders, and choose your favorite trader based on their performance and trading approach.
● Once you've made your decision, click Copy to enter the trader's page.
● At the trader page, scroll down to the 'Margin Mode Leverage Adjustment' section, and click Edit to proceed.
● Choose your preferred leverage and margin modes, and hit Confirm to finish.
New to copy trading and not sure which modes fit you? Don't fret, read on!
Leverage settings
1. Follow trader's setting
In this mode, your leverage will automatically align with that of the elite trader's leverage. Any adjustment made by the elite trader will be updated automatically in your leverage.
2. Fixed leverage
In this mode, whether you are under 'Diverse Follow' or 'Smart Copy' mode, your leverage remains the same regardless of the adjustments made by the elite trader.
3. Customize leverage
Here is the most advanced leverage setting where you can customize a specific fixed leverage level for each trading pair.
This feature allows you to choose the best leverage based on your own appetite and trading strategies, enabling you to enjoy a more personalized and optimized copy trading experience.
Margin mode
Under 'Smart Copy' mode, you can select from 'Follow trader's settings', 'Isolated margin', or 'Cross margin'.
Under 'Diverse Follow' mode, you can select from 'Isolated margin' or 'Cross margin'.
1. Follow trader's setting
If you choose this mode, your margin will automatically align with that of the elite trader. Any adjustment made by the elite trader will be updated automatically in your margin.
2. Isolated margin: Specific margins will be allocated to each position for independent risk management.
In isolated margin mode, each position will be allocated a specific margin and a corresponding independent isolated margin account. The initial margin for each isolated margin account is completely separate from each other and the available margin.
You have to carefully and proactively manage these positions, as the balance is reviewed each day as part of every exchange's risk management process. Positions with isolated margin accounts will be automatically liquidated in the event of a margin call.
3. Cross margin: A joint margin pool is utilized for all positions to reduce liquidation risks.
While isolated margin mode may suit beginners, cross margin mode is ideal for traders with long-term strategies who want to avoid unwanted liquidations on positions with the same settlement currency.
Cross margin mode means that all positions have access to a joint margin pool, allowing traders to utilize all available assets in their margin account. It's important to note that using cross margin mode on Bitget may result in a trader having multiple margin pools for different cryptocurrencies. Only open positions with the same settlement asset can make use of the corresponding joint pool.
Update #2: Manual Margin Adjustment in Isolated Margin Mode
In addition to customizable settings, we've introduced the ability to manually adjust the margins for isolated positions. This feature provides greater control and flexibility, allowing users to proactively manage their risk exposure.
How to adjust margin:
● Go to 'My Trades ' and select the 'Orders' tab under 'Smart Copy' / 'Diverse Follow'.
● Increase or reduce the margin for isolated positions as needed to optimize your trading strategy.
That's it! Let's explore the new features today and elevate your trading experience with Bitget!
Related articles:
Know The Different Futures Order Types
- Trading botsBitget TraderPro Season 3: Double The Fun, Double The Funds! Our warmest welcome to Bitget TraderPro Season 3, where trading excellence meets exciting opportunities in the world of cryptocurrency! Following two triumphant seasons, Bitget TraderPro Season 3 brings an air of fresh possibilities on top of new features and enticing rewards. Whether you're an experienced trader or just dipping your toes into the world of crypto, this season invites you to hone your skills, compete with the best, and potentially secure some impressive r2024-09-12
- Trading botsGuide to Bitget TraderPro Season 2: Mainstream Coin Trading Challenge Welcome to our comprehensive guide to the highly anticipated Season 2 of the Bitget TraderPro Trading Challenge About Bitget Bitget is a leading global cryptocurrency exchange that prioritizes user empowerment and innovative financial solutions in the digital asset space. Built with our users in mind, Bitget not only provides a platform for buying and selling cryptocurrencies, but also offers advanced trading features that cater to the diverse needs of our investors, spanning from futures2024-04-19
- Trading botsCopy Trading and Manual Trading: Which is Right for You?Copy and manua l trading are two different methods of investing in cryptocurrency. This article will compare Copy Trading Manual Trading to help you make a more informed decision about which approach to take. Embrace Modern Method vs Stick with Tradition Copy Trading involves copying the trades of experienced traders, while manual trading consists in making investment decisions independently. Manual Trading Manual trading is the traditional method of trading where an individual trader mak2023-03-28