Bitget Aims For Crypto Market In Latin America

JAKARTA - Seychelles-based crypto exchange Bitget is preparing to expand its operations in Latin America. The area is considered to have great potential for crypto growth. The company, which is one of the 15 largest crypto exchanges in the world according to trading volume, will focus on attracting new users in the region by offering easy and user-friendly services.

Maximiliano Hinz, head of Bitget growth for Latin America, said the company would offer unique features that could help under experienced users in crypto to better manage their portfolios and investments.

One of these features is copy-trading, which allows users to emulate more experienced investor trading movements using part of their portfolio.

"Compy-trading is one of our users' most popular features, as they can learn from professional traders and gain profits without having to spend much time and effort," Hinz said, as quoted by Cointelegraph. We have more than 130,000 elite traders on our platform, which has generated more than $20 million in profits for their followers.

Apart from copy-trading, Bitget will also offer other services, such as spot trading, futures trading, and grid trading, which are automated trading strategies that take advantage of price fluctuations to generate profits. Bitget will also provide customer support in Spanish and Portuguese, as well as local payment options to facilitate deposits and withdrawals.

Hinz said that Bitget plans to double the number of its employees in Latin America from 80 to 160 in the next two years, as well as increase cooperation with local partners, such as the media, influencers, and the crypto community. He also said that Bitget will launch marketing and promotion campaigns to raise brand awareness and customer loyalty.

Bitget, founded in 2018, currently has more than 20 million registered users worldwide, with daily trading volumes reaching more than $16 billion. The company has obtained licenses from regulators in Singapore, Australia, Canada, and the United States, as well as adhered to strict security and compliance standards.