Bitget Research Report: Generation Z accounts for 44% of the total number of copy trading users, with Western Europe being the main region using the copy trading feature

ChainCatcher news, Bitget has released a research report on the audience of its copy trading feature, analyzing the application scope of the feature from dimensions such as region and age. The report shows that in terms of region, Bitget's copy trading users are mainly distributed in Western Europe, East Asia, and Southeast Asia. Among them, Western Europe has the highest proportion, accounting for 31% of all copy trading users, followed by East Asia (26%) and Southeast Asia (19%).

From the perspective of age groups, Generation Z users are the largest audience for the copy trading feature, with this group (under 25 years old) accounting for 44% of all copy traders on the platform. The next largest group is the 25-35 age group, accounting for 32%. Users aged 35-55 account for 17%, and users over 55 account for 7%.

Additionally, in the first half of 2023, over 109,000 users gained profitable returns through copy trading, with a total profit of $74 million. During this period, among users who used copy trading strategies for futures trading, the proportion of profitable users reached 93%. For spot copy trading users, the proportion of profitable users reached 82%. Furthermore, the research shows that Bitcoin is the most common asset in contract copy trading, accounting for 52%, followed by ETH at 44%.