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Press Release
In response to the evolving dynamics of the cryptocurrency market, Bitdu, a cryptocurrency contract trading platform, has announced the introduction of its new One-Click Copy Trading system. This development aims to provide a more straightforward mechanism for users to engage with cryptocurrency trading by replicating the strategies of experienced traders.
The cryptocurrency market in 2023 witnessed significant fluctuations with Bitcoin’s notable rise in value. Concurrent developments in the BRC-20 track and the Bitcoin ecosystem, along with advancements in Layer 2 solutions such as ZK and OP, have highlighted the market's growth and complexities. Amidst these changes, the disparity between professional and ordinary investors in terms of investment strategy execution has become more pronounced.
Bitdu’s One-Click Copy Trading system is designed to address this gap. It enables users to automatically apply the trading strategies of professional investors to their own trading activities. The system offers a feature where profit sharing is calculated only on profitable trades, and the settlements are made daily. Traders on Bitdu have the option to set their profit-sharing ratio up to a maximum of 20%.
The platform has detailed how profit-sharing works, using an example of a trading expert who conducts identical trades on Bitdu and another platform. It illustrates that under Bitdu’s system, the profit share is more advantageous for the trader compared to other platforms with a lower profit-sharing rate.
Additionally, Bitdu's system settles the profit and loss calculations every 24 hours. The platform has emphasized the importance of no active position-related relationship between the copier and the trader at the time of settlement to ensure the accuracy of the profit share calculation.
In parallel with these technical aspects, Bitdu has also reinforced its commitment to trader integrity and long-term trading success. Traders on the platform are evaluated based on their trading experience, ability to withstand various market cycles, and adherence to risk management and stop-loss strategies. The platform provides exclusive services to outstanding traders, including increased market exposure and priority in reward distribution.
Emphasizing security, Bitdu has implemented measures to ensure the safety of user assets and the integrity of the trading environment. This includes a 100% reserve fund mechanism, the use of cold storage wallets for user assets, and collaboration with Sumsub for KYC/AML processes. The platform also employs real-time monitoring systems to detect and address potential security threats, alongside offering multiple identity verification options for individual accounts.
The introduction of the One-Click Copy Trading system by Bitdu reflects the ongoing evolution of the cryptocurrency market and the increasing demand for user-friendly and secure trading solutions. Bitdu’s initiative in this regard aligns with the broader trend in the industry towards the development of accessible trading platforms catering to a diverse range of investors.
About Bitdu Limited
Bitdu Limited, established in 2020, is a leading cryptocurrency contract trading platform, known for its innovative trading solutions and robust security measures. Committed to providing a transparent and user-friendly trading experience, Bitdu continually adapts to the dynamic cryptocurrency market, prioritizing user needs and security.
Media Contact
Name: Jesse
Company Name: Bitdu Limited
Country and City: Serbia
Website: www.bitdu.com
Email: Jessie@bitdu.com
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.