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How to Do Bot Copy Trading on Bitget? - Mobile App Guide
[Estimated Reading Time: 3 minutes]
This article provides a step-by-step guide on using the Bot Copy Trading feature on Bitget's mobile app. Bot Copy Trading allows you to automate your trades by replicating strategies from top traders, making trading more convenient and efficient.
What is Bot Copy Trading?
Bot Copy Trading on Bitget enables users to automatically follow and execute the strategies of expert traders using trading bots. It’s designed for traders of all experience levels to save time and diversify their trading portfolios.
How to Access Bot Copy Trading?
Step 1: Navigate to Bot Copy Trading
1. From the main menu, navigate to the Copy Trading tab
2. Select Bots from the options available on the screen.
Step 2: Explore and Choose a Trading Bot
1. Browse the list of available Top Trading Bots.
2. Review key metrics, such as:
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Win Rate: Percentage of successful trades.
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Followers: Number of users copying the bot.
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Strategy Details: A summary of the bot’s performance and risk profile.
Step 3: Set Up Bot Copy Trading
1. Tap on the Free button next to the bot you want to follow.
2. Configure your settings:
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Investment Amount: Enter the funds you wish to allocate to the bot.
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Risk Preferences: Customize stop-loss and take-profit levels.
Step 4: Monitor Your Trades
1. Track the bot’s performance in the Copy Trading Dashboard, accessible via the app menu.
2. Review live updates on trade performance, profit/loss, and bot activity.
Step 5: Adjust or Stop Copy Trading
To pause, stop, or modify your bot settings:
1. Open the My Bots dashboard.
2. Navigate to the Current Bots tab.
3. Click the pencil icon to Edit the bot settings, or click Termination to stop the bot.
Key Features of Bot Copy Trading on Bitget
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Automation: Execute trades automatically without manual intervention.
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Customizable Settings: Adjust investment amounts and risk levels to suit your preferences.
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Transparency: Access detailed performance data for bots before committing.
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Diverse Strategies: Choose from a wide range of bot algorithms and trading styles.
FAQs
1. Can I copy more than one bot at a time?
Yes, you can follow multiple bots simultaneously, provided you have sufficient funds.
2. What are the fees for Bot Copy Trading?
A small performance fee is charged on profits generated by the bot. Fees are visible on the bot’s profile page.
3. How do I adjust risk settings?
You can adjust your stop-loss, take-profit, and other parameters in the my bots section of the Copy Trading Dashboard.
4. Can I stop a bot at any time?
Yes, you can unfollow a bot anytime from the Copy Trading Dashboard.
5. How do I withdraw profits?
Profits are credited to your Futures Account and can be withdrawn via the Assets tab in the app.
Disclaimer and Risk Warning
All trading tutorials provided by Bitget are for educational purposes only and should not be considered financial advice. The strategies and examples shared are for illustrative purposes and may not reflect actual market conditions. Cryptocurrency trading involves significant risks, including the potential loss of your funds. Past performance does not guarantee future results. Always conduct thorough research, understand the risks involved. Bitget is not responsible for any trading decisions made by users.
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