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Generation Z Crypto Investors More Likely to Engage in Copy Trading, Says Bitget Report

According to a report from Bitget, a crypto exchange, Generation Z investors are more likely to engage in copy trading or social trading, which involves mirroring the trades of a selected other. The report revealed that 44% of Bitget's copy traders were under 25 years old, followed by 25 to 35-year-olds accounting for just under one-third.

Bitget suggested that Gen Z's inclination to look to social media influencers for investment decisions could explain their affinity towards copy trading. The report also showed that most of Bitget's copy-trading users were Western European, followed by East or Southeast Asia, and Latin America. Despite making up only 1% of Bitget's global copy traders, 62% of African users were interested in copy trading, the highest proportion of any region.

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