TechFlow reported on August 3 that Bitget released a research report on the audience of its copy trading feature, analyzing the usage scope from dimensions such as geography and age. According to the report, geographically, Bitget's copy trading users are primarily distributed across Western Europe, East Asia, and Southeast Asia. Western Europe has the highest share at 31% of all copy trading users, followed by East Asia (26%) and Southeast Asia (19%).
In terms of age distribution, Gen Z users represent the largest demographic using the copy trading function, with those under 25 years old accounting for 44% of all copy traders on the platform. The next largest group is aged 25–35, making up 32%. Users aged 35–55 account for 17%, while those over 55 make up 7%.
Additionally, in the first half of 2023, more than 109,000 users achieved profitable returns through copy trading, generating a total profit of $74 million. Among users who employed copy trading strategies in futures trading during this period, 93% were profitable. For spot copy trading users, the proportion achieving profitability reached 82%. The study also found that Bitcoin was the most commonly traded asset in contract copy trading, accounting for 52%, followed by ETH at 44%.
