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Copy Trading Gains Popularity Among Novice Traders in Cryptocurrency Industry, Reports Bitget MD

Copy trading, a trading strategy that allows novice traders to link a portion of their funds to the account of a seasoned investor, has gained popularity in the cryptocurrency industry. Bitget, a crypto derivatives and copy trading platform, has experienced significant growth since its launch in May 2020, with over 400,000 traders utilizing this strategy on the platform.

The concept of copy trading has disrupted the crypto market and proven to be effective, especially during challenging times like the "crypto winter." Bitget's managing director, Gracy Chen, referred to a report that showcased a remarkable 300% growth in copy trading adoption over the last 24 months, with African traders and prospective users particularly intrigued by this strategy.

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