Bitget Token

The crypto exchange found that younger investors are more inclined to participate in copy trading or social trading and seek guidance from social media influencers.According to a recent report from crypto exchange Bitget, Generation Z crypto investors are more likely to engage in copy trading or social trading, which involves mimicking someone else’s trades.Bitget’s report, published on August 3, revealed that among all its copy traders, 44% were under 25 years old. The next largest group was the 25- to 35-year-olds, making up just under one-third of all copy traders.On the other hand, the older age groups had a smaller representation in copy trading. The 35- to 55-year-olds constituted 17% of copy traders, while those over 55 were only 7% of the total.Copy trading, also known as social trading, is a feature available in both traditional stock <a href="https://cryptosheadlines.com/coinbase-report-altcoin-market-cap-dominates-cryptocurrency-space/" rel="noopener noreferrer nofollow">markets and the cryptocurrency space</a>. Several <a href="https://cryptosheadlines.com/shiba-inus-bone-to-be-listed-on-more-crypto-exchanges-after-okx-and-huobi/" rel="noopener noreferrer nofollow">crypto exchanges</a>, such as eToro, Bybit, and MEXC, offer this service to their users.With copy trading, investors have the option to use an automated tool that replicates the positions opened and managed by a specific individual of their choice.This means that if a skilled trader makes certain trades, the tool will automatically copy those trades for the users who opt to follow them. This way, users can benefit from the expertise of experienced traders without having to actively manage their own portfolios.<a href="https://cryptosheadlines.com/gen-z-dominates-crypto-copy-traders-bitget-report/" rel="noopener noreferrer nofollow"> Read More...</a> Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a>

Gen Z Dominates Crypto Copy Traders: Bitget Report

cmcdelete@edb8d1ee4ec9a85c04690131b307c085

Other articles published on Aug 4, 2023

Bitcoin price taps $29.3K as data shows 'most resilient' US jobs market

Coins With Competitive Advantage In August To Buy – Quant, Monero And Pomerdoge

NWSA Stock Price Prediction: Will NWSA Stock Sustain And Rise?

JUST IN: Judge Rules to Dismiss Class Action Suit Against Tether in 2021

Uniswap and Polygon (MATIC) Tipped to Pump, Bulls Rally Behind Tradecurve For 100x

Coinbase Posts Strong Q2 Results Amid SEC Lawsuit Withdrawal

Join our free newsletter for daily crypto updates!