Over the weekend, the cryptocurrency market experienced a significant downturn following reports of an Iranian drone and missile attack on Israel. Bitcoin, the leading digital currency, plummeted by approximately 8% as U.S. officials confirmed the ongoing attack. With digital assets being among the few assets traded over the weekend, the market responded swiftly to the escalating tensions in the Middle East.

https://cryptotimes.africa/cryptocurrency-crash-sends-ripple-through-african-markets/

It's no doubt that Africa has emerged as a hotbed for cryptocurrency adoption and innovation. With a growing interest in digital assets and blockchain technology, several publications have sprung up to cater to the information needs of crypto enthusiasts across the continent. Among these, Cryptotimes Africa stands out as a leading source of news and insights on the African crypto scene. Let's take a closer look at Cryptotimes Africa and five other noteworthy publications that are shaping the narrative of cryptocurrency in Africa.

1. Cryptotimes.africa

As the name suggests, Cryptotimes Africa is dedicated to covering all things crypto-related on the African continent. From news updates and market analysis to interviews with industry experts, this publication offers a comprehensive view of the rapidly evolving crypto landscape in Africa. With a focus on promoting blockchain adoption and financial inclusion, Cryptotimes Africa serves as a valuable resource for both newcomers and seasoned veterans in the crypto space.

2. Bitcoinke.io

Bitcoin Africa is another prominent publication that provides in-depth coverage of Bitcoin and other cryptocurrencies in Africa. With a team of experienced writers and analysts, Bitcoin Africa delivers insightful articles, guides, and reviews to help readers navigate the complexities of the crypto market. Whether you're interested in trading strategies, regulatory developments, or technological innovations, Bitcoin Africa has you covered.

3. Technext

Technext is a broad tech publication with a strong focus on African startups, innovation, and trends, coverage includes articles on blockchain technology, cryptocurrencies beyond Bitcoin, and their applications in Africa.

4. Tech Cabal
Tech Cabal focuses on providing in-depth analysis and reporting on the African tech ecosystem, including funding rounds, investment trends, and interviews with key players. While its primary coverage is not solely focused on cryptocurrencies, Tech Cabal features insightful articles on blockchain technology, cryptocurrency adoption in Africa, and the regulatory landscape. Targeting investors, entrepreneurs, and professionals working in the African tech sector, Tech Cabal contributes valuable insights to the broader conversation on crypto innovation in Africa.

5. Nairametrics

Nairametrics is a financial and business news platform with a focus on the Nigerian economy and markets. While covering a wide range of financial topics, Nairametrics includes articles on cryptocurrencies as an investment asset class, analysis of their impact on the Nigerian financial sector, and regulatory updates. Targeting investors, business people, and those interested in the financial sector in Nigeria, Nairametrics provides valuable insights into the evolving landscape of cryptocurrencies in Africa's largest economy.

In conclusion, Cryptotimes Africa and the aforementioned publications are playing a crucial role in shaping the narrative of cryptocurrency in Africa. By providing reliable news, analysis, and educational resources, these platforms are empowering individuals and businesses to participate in the digital economy and seize the opportunities offered by blockchain technology. As the crypto revolution continues to unfold, these publications will undoubtedly remain essential guides for enthusiasts and professionals alike.

It is very curious that Governor Seyi Makinde referenced the petition signed and dated 3rd of February on a letter that he signed on the 2nd of February. Abeg, who is fooling who?

This whole thing is being orchestrated by the inglorious G5 governors who sabotaged PDP at national who want to again sabotage PDP in Edo state. They have never wished the party well and this is another example. Recall that they recently pledged to deliver Jagaban back to power.
As usual, they will continue to FAIL.

We call on all law-abiding members of our party to turn out enmasse and vote for delegates of their choice today, 4th February 2024. Let's take our destiny into ou. .mr hands and take our party back from a handful of self-seeking people who have shown time and time again that they have no interest in helping ordinary people.

Some 48 hours ago, we got information that there were active accounts/wallets on our OPay app, which the owners alleged had been created without their knowledge and/or consent. We had then immediately commenced an investigation to determine the authenticity of these claims as all OPay wallets are adequately registered in line with regulatory requirements.

Based on our investigation, we discovered that these accounts were indeed opened by the owners at different times, but generally between 2019/2020. When contacted by our team, some of the individuals have, however, claimed not to remember whether/when they opened the account. At least four of the complaints received via social media have been checked, and all four of them have been contacted to resolve the concerns raised.

It is imperative to note that some of these accounts have had no balance in them since they were opened. As a law abiding, strictly regulated entity, we have unquivocally inquired of these individuals if they would like to retain the accounts, and we obliged based on their responses.

I would like to say that the OPay wallet can only be opened through the CBN-established registration process which requires the input of an OTP authentication (one-time password) and ID authentication from the user’s phone to proceed. It is also important to note that OPay has never created (nor does it operate) any account on behalf of any individual.

On a final note, we would like to encourage any individual with similar concerns to contact us via any of our official channels, and the issues will be resolved promptly. As a brand, we place utmost priority on our customers' needs and pride ourselves as a regulatory-compliant organization.

Adekunle Adeyemi, Head of Marketing OPay Digital Services Limited.

In a celebration of creativity and cinematic storytelling, NEFT Vodka Nigeria is thrilled to announce the launch of its esteemed short film competition, NEFTI. Aspiring filmmakers across Nigeria are invited to seize this remarkable opportunity and shine on a global stage.
The NEFT Emerging Film Talent International Short Film (NEFTI) Competition is far more than a mere contest; it's a chance for budding filmmakers to gain recognition and embark on a transformative journey. With the guidance of industry luminaries and the prospect of winning a grand prize of $ 5,000 and an additional $ 2,000 for the Audience Choice Award, NEFTI aims to empower and encourage young talents. It's about turning creative visions into cinematic realities.
Folake Steaze Johnson, Head of Brands and Marketing at Enstore, distributors of NEFT Vodka in Nigeria, shares her perspective: "Our deep-rooted commitment to Nigeria inspired Nigeria inspired the move to bring the NEFTi Competition here. Nigeria boasts an abundance of emerging talent, especially within the creative industry. Our goal is to provide them with a platform to elevate their status on the global stage.”
The Founder of NEFTi & CCO, NEFT Vodka, Paul Robinson reiterated, “NEFTi is not just a competition, it is about education. We have the most amazing panel of judges joining me: Vivica Fox, Ted Gagliano, Bruce Cohen, Mareetsi Gabang (Winner of NEFTi Africa 2023) and Femi Odugbemi (the Nigerian judge). The years of experience this group of judges brings to the table is invaluable for these film makers.”
If you're an aspiring Nigerian filmmaker, this is your moment. To participate, simply visit www.nefticompetition.com and submit your entry before the deadline on Friday, September 22nd, 2023.
The final film screening and awards ceremony will be held during AFRIFF 2023 in November.
In the world of filmmaking, every story is waiting to be told, and every voice is waiting to be heard. The NEFT Emerging Film Talent International Short Film Competition is your canvas – what masterpiece will you create?

First coined by Bowlby and Ainsworth in the 1950’s, attachment theory suggests that there are four styles of attachment – avoidant, anxious, secure and disorganized – that influence how we communicate and behave in relationships.

Attachment theory continues to be a hot topic across social media in 2023, but have you ever considered how your attachment style might impact the way you message? WhatsApp has partnered with professional therapist and internet sensation Jeff Guenther, aka Therapy Jeff (who has 868k IG followers and 2.7m TikTok followers) to offer his top tips on using WhatsApp features to best complement your attachment style.

What’s on offer:

Therapy Jeff’s top tips according to your attachment style [below]
Video content live on Jeff’s Instagram and TikTok
Assets available here
Quote from Jeff [below]

https://techmoney.com.ng/index.php/2023/08/15/how-to-use-whatsapp-to-suit-your-attachment-style/

Novo Health Africa, a renowned National Health Maintenance Organization (HMO), has taken a significant step forward in revolutionizing healthcare accessibility in Nigeria. With the launch of Novo Apoyo, a groundbreaking solution available through its Ijele™ platform, Novo Health Africa aims to enhance the healthcare experience for its enrollees. This support-service initiative promises to provide a seamless avenue for interaction between clients and HR partners amongst a host of other benefits.

Dr Dorothy Jeff-Nnamani, MD/CEO of Novo Health Africa, highlighted the major challenges users experience when accessing healthcare and explained the reasons behind the intervention. “We acknowledge the challenges of delay in accessing care in the healthcare sector, impacting patient satisfaction and timely care.

https://techmoney.com.ng/index.php/2023/07/31/novo-health-africa-introduces-novo-apoyo-to-improve-access-to-healthcare/

Leading financial service company, OPay Nigeria, has officially rebranded and unveiled a new logo to mark its 5-year anniversary in the Nigerian market. This change not only symbolizes its significant growth and impact over the years but also represents its promise into a new era with enhanced services, technological advancements, and the aim to solidify its position as the most reliable financial platform in Nigeria.

OPay Nigeria was founded in 2018 and has grown tremendously to become a household name for Nigerians with over 40 million users, 500,000 agents, and 300,000 merchants who trust and use OPay for everyday payments and collections. Over the course of 5 years, OPay has expanded its range of products and services to provide easy-to-use financial and lifestyle services for individuals, agents, and all kinds of businesses across Nigeria. The brand assures its customers of its plans to upgrade its products and services to ensure the customer experience is even more enjoyable on OPay. This is in line with OPay's mission of making financial services more inclusive through technology.

What the Refreshed OPay Logo Represents
The "O" represents a loop that signifies OPay's dedication to continuously providing bespoke and impeccable services as well as its commitment to staying ahead of the curve in the rapidly evolving financial landscape.
Additionally, it incorporates a square element that indicates the newly launched OPay debit card, enabling over 40 million users to link their cards to their wallets, making payments easier. The new logo does not only represent the brand's business attributes but also embodies its commitment to its constant strive for excellence and creating a unified global brand image.

Looking to the future, OPay intends to continue leveraging technology to deliver effective and reliable financial solutions to customers. The brand is also expanding its product offerings, enhancing its features, and broadening its market reach.

This new brand identity of OPay is expected to consolidate its position as the most prominent last-mile payment service provider in Nigeria for both consumers and businesses.

In a shocking revelation, an illicit scheme involving the issuance of fraudulent healthcare worker Certificates of Sponsorship (CoS) has come to light, with over 40 unsuspecting applicants falling victim to the scam. Monsurat Temidayo Awodein, a student who arrived in the UK last year to pursue a master's degree at the University of Dundee, Scotland, is allegedly at the center of this deceitful operation.

Awodein, who recently applied for a two-year post-study visa, is suspected of collaborating with an illegitimate firm to defraud applicants by providing them with counterfeit CoS documents. These documents were purportedly issued in the name of reputable UK-based domiciliary care providers, such as Amazing Angels Care Limited, located in Dartford.

Investigations reveal that Awodein, in conjunction with the illegal firm, used various channels to recruit unsuspecting applicants. She utilized her WhatsApp contact number, +234 809 944 9596, as well as a UK phone number, 07405484819, to lure victims into the scheme. A forensic examination of her phone is expected to reveal evidence of her involvement, including a list of the fake CoS documents she forwarded to applicants.

The victims, seeking legitimate opportunities in the healthcare sector, were intentionally deceived by Awodein and the fraudulent scheme. It is believed that her pending post-study visa application with the Home Office may have served as a cover for her illegal activities.

Authorities are urging anyone who may have been approached by Awodein or fallen prey to this scam to come forward and provide any pertinent information that could aid in the investigation. The Home Office and law enforcement agencies are actively collaborating to dismantle the operation and bring those responsible to justice.

The UK immigration authorities have also issued a warning to all individuals applying for visas or seeking employment opportunities to exercise caution and ensure the legitimacy of the entities involved. Vigilance and thorough verification processes are essential in protecting oneself from such fraudulent activities.

As the investigation unfolds, the impact of this scam on the victims and the broader healthcare industry will undoubtedly be significant. It serves as a stark reminder of the need for stringent measures to combat fraudulent practices and safeguard the integrity of the UK's immigration system.

Leading cryptocurrency exchange Bitget has recorded outstanding growth in the past months in Africa. With over 8 million users worldwide, Bitget has managed to capture a significant piece of the market share in Africa, resulting from the participation of well-known crypto key opinion leaders and its efforts to grow in the region.

https://cryptotimes.africa/bitget-announces-new-ambassador-and-strengthen-its-presence-in-africa-region/

Bitget, top crypto derivatives and copy trading platform, has announced the addition of Martingale AI strategy as part of its lineup of Martingale investing strategy services. The new instrument intends to provide crypto newcomers with a convenient and advanced investment strategy enabled by AI.

Bitget has developed the Martingale AI feature to make Martingale more accessible to novice traders and take advantage of this investing strategy. The Martingale trading strategy involves increasing the amount of the investment after a downturn in an attempt to recoup losses and achieve a profit. This strategy relies on historical data that reveals the tendency of markets to grow as time progresses, helping investors access a broader overview of market behavior and adjust their trading accordingly, and make efficient capital allocations.
https://cryptotimes.africa/bitget-launches-new-martingale-strategy-empowered-by-ai/

Nigerians Are Safe to Consume Locally Produced Indomie Instant Noodles

The National Agency for Food and Drug Administration and Control (NAFDAC) has refuted reports making the rounds online that it has banned Indomie Instant Noodles assuring Nigerians of their safety while consuming the locally produced Indomie Instant Noodles. The regulatory body said on Monday through its Director-General, Prof Mrs Mojisola Adeyeye.
https://proshare.co/articles/nigerians-are-safe-to-consume-locally-produced-indomie-instant-noodles?menu=Business&classification=Read&category=Products%20%26%20Services

kingBlaq:
wahala be like bicycle
omo i don go collect indomie on credit b4 my intestine go cut
pastor fire abi u shenk me?? abeg no look face na

Nigerians Are Safe to Consume Locally Produced Indomie Instant Noodles

The National Agency for Food and Drug Administration and Control (NAFDAC) has refuted reports making the rounds online that it has banned Indomie Instant Noodles assuring Nigerians of their safety while consuming the locally produced Indomie Instant Noodles. The regulatory body said on Monday through its Director-General, Prof Mrs Mojisola Adeyeye.
https://proshare.co/articles/nigerians-are-safe-to-consume-locally-produced-indomie-instant-noodles?menu=Business&classification=Read&category=Products%20%26%20Services

OvertheTop:


LOOOL
Do you think Cancer Grows and Kills Over night?
it can Grow undetected for 20Yrs before you detect it.

LoL

Nigerians Are Safe to Consume Locally Produced Indomie Instant Noodles

The National Agency for Food and Drug Administration and Control (NAFDAC) has refuted reports making the rounds online that it has banned Indomie Instant Noodles assuring Nigerians of their safety while consuming the locally produced Indomie Instant Noodles. The regulatory body said on Monday through its Director-General, Prof Mrs Mojisola Adeyeye.
https://proshare.co/articles/nigerians-are-safe-to-consume-locally-produced-indomie-instant-noodles?menu=Business&classification=Read&category=Products%20%26%20Services

KonTagiousBull:



Idiots...

Na Dangote initiate am...trade tactics..
Just like they are planning to stop subsidy because of him too...

Nigerians Are Safe to Consume Locally Produced Indomie Instant Noodles

The National Agency for Food and Drug Administration and Control (NAFDAC) has refuted reports making the rounds online that it has banned Indomie Instant Noodles assuring Nigerians of their safety while consuming the locally produced Indomie Instant Noodles. The regulatory body said on Monday through its Director-General, Prof Mrs Mojisola Adeyeye.
https://proshare.co/articles/nigerians-are-safe-to-consume-locally-produced-indomie-instant-noodles?menu=Business&classification=Read&category=Products%20%26%20Services

Viz007:
•Commences sampling today



The National Agency for Food, Drug Administration and Control, NAFDAC, said it will commence random sampling of Indomie noodles, including the seasoning, from the production facilities.

This is coming on the heels of the recalling of indomie noodles by Taiwan and Malaysian authorities, following the discovery of ethylene oxide, a cancer-causing agent.


Announcing this in a statement, the Director-General of the agency, Prof. Mojisola Adeyeye, who explained that the compound of interest was ethylene oxide said, already, the Director of the Food Lab Services Directorate has been engaged and has started working on the methodology for the analysis.

Adeyeye said: “Indomie noodles have been banned from being imported into the country for many years. It is one of the foods on the government prohibition list. It is not allowed in Nigeria, and therefore not registered by NAFDAC.

“What we are doing is an extra caution to ensure that the product is not smuggled in, and if so, our post-marketing surveillance would detect it. We also want to be sure that the spices used for the Indomie and other noodles in Nigeria are tested.

“That is what NAFDAC Food Safety and Applied Nutrition, FSAN, and Post Marketing Surveillance, PMS, are doing this week at the production facilities and in the market, respectively.”

She, however, promised that Nigerians will be duly updated with the outcomes of the investigation.
According to the World Health Organisation, WHO, ethylene oxide is a colourless, highly reactive and flammable gas widely used as an intermediate in the production of various chemicals.

WHO, in a report, noted that findings from animal investigations, test systems, and epidemiological findings suggested an increase in the incidence of human cancer.

It also added that the report concludes that ethylene oxide should be considered a probable human carcinogen and that its levels in the environment should be kept as low as feasible.




https://www.vanguardngr.com/2023/05/cancer-scare-why-we-banned-indomie-noodles-nafdac/

Nigerians Are Safe to Consume Locally Produced Indomie Instant Noodles

The National Agency for Food and Drug Administration and Control (NAFDAC) has refuted reports making the rounds online that it has banned Indomie Instant Noodles assuring Nigerians of their safety while consuming the locally produced Indomie Instant Noodles. The regulatory body said on Monday through its Director-General, Prof Mrs Mojisola Adeyeye.
https://proshare.co/articles/nigerians-are-safe-to-consume-locally-produced-indomie-instant-noodles?menu=Business&classification=Read&category=Products%20%26%20Services

Cruztvblog:
The National Agency for Food and Drugs Administration and Control (NAFDAC) has reiterated that importation of Indomie noodles is banned in Nigeria.

According to the Director-general of NAFDAC, Prof. Mojisola Adeyeye, who made this known in a statement on Monday, said the product is one of the foods on the government prohibition list.

She said the noodle is not allowed in the country, and therefore not registered by the agency, adding that NAFDAC only approved circulation of indomie noodles produced in Nigeria and not imported.

“It should be noted that indomie noodles have been banned from being imported into the country for many years. It is one of the foods on the government prohibition list. It is not allowed in Nigeria, and therefore not registered by NAFDAC,” she explained. See more posts[url] https://cruztvblognaija.com.ng/2023/05/02/importation-of-indomie-noodles-is-prohibited-in-nigeria-nafdac-declares/[/url]

https://proshare.co/articles/nigerians-are-safe-to-consume-locally-produced-indomie-instant-noodles?menu=Business&classification=Read&category=Products%20%26%20Services
The National Agency for Food and Drug Administration and Control (NAFDAC) has refuted reports making the rounds online that it has banned Indomie Instant Noodles assuring Nigerians of their safety while consuming the locally produced Indomie Instant Noodles. The regulatory body said on Monday through its Director-General, Prof Mrs Mojisola Adeyeye.

LeeSmart:

Baba i fit do 1month the chop noodles oo

The National Agency for Food and Drug Administration and Control (NAFDAC) has refuted reports making the rounds online that it has banned Indomie Instant Noodles assuring Nigerians of their safety while consuming the locally produced Indomie Instant Noodles. The regulatory body said on Monday through its Director-General, Prof Mrs Mojisola Adeyeye.
https://proshare.co/articles/nigerians-are-safe-to-consume-locally-produced-indomie-instant-noodles?menu=Business&classification=Read&category=Products%20%26%20Services
[quote author=Whitelion07 post=122944223][/quote]

In today’s fast-paced world, convenience is king. People want everything at their fingertips, including healthcare services. That’s where an e-health platform like CloudClinic comes in.

The app allows access to healthcare services from anywhere, at any time, without having to travel to a physical location. From virtual consultations with doctors to medication reminders, the CloudClinic app offers a wide range of convenient specialist and general practice healthcare services that can be accessed with just a few taps on a smartphone or tablet.

According to the National Primary Healthcare Development Agency (NPHCDA), about six out of ten Nigerians lack access to quality primary healthcare services, a situation that is worsening disease outbreaks and healthcare delivery. CloudClinic bridges the gap by providing a platform that

orchestrates quality, seamless, affordable, and accessible healthcare solutions.

Below are seven ways the CloudClinic app is bringing healthcare to the doorstep of Nigerians:

Convenience: One of the biggest reasons why people use e-health apps is convenience. With e-health apps, people can access healthcare services from anywhere, at any time, without having to travel to a physical location. This is particularly helpful for people who live in
See also ICT contributes N8.5tn to nominal GDP in six months
remote areas, have mobility issues or have busy schedules.

Access to a wider range of healthcare services: CloudClinic offers an extensive feature that gives patients a wide range of diagnostic and pharmaceutical options, relying on its partnership with licensed and recognized medical laboratories and pharmacies while
ensuring the confidentiality of all medical records.

Cost savings: E-health apps can be more cost-effective than traditional healthcare services, especially for people who do not have health insurance. With e-health apps, people can avoid the cost of travel, parking, and other expenses associated with visiting a physical
healthcare facility.

Improved communication with healthcare providers: CloudClinic is driving access to
healthcare through its native language feature which matches patients with doctors based on their preferred native languages, ensuring effective communication. The app offers

improved communication with healthcare providers, including sending and receiving messages, scheduling appointments, and receiving test results. This can help people stay on top of their health and manage chronic conditions more effectively.

Personalized healthcare: CloudClinic, through its partners offers personalized healthcare services based on individual health needs and preferences
Better health outcomes: By providing access to healthcare services and resources, e-health apps like CloudClinic can help people manage chronic conditions more effectively, stay on top of preventive care, and make better decisions about their health.
24/7 Support: Patients can get help and find answers to questions and enquiries in real time with a round-the-clock support team.

https://techmoney.com.ng/index.php/2023/04/27/seven-ways-the-cloudclinic-platform-is-bringing-healthcare-to-the-doorstep-of-every-nigerian/

To celebrate the release of the BGB Token (BGB) Whitepaper, the BGB Team and Bitget are hosting a BGB Carnival Week for you. You can get lottery tickets by reading the BGB Whitepaper and then answering questions. The tickets let you draw from a prize pool of 300,000 BGB. One user may get up to 60,000 BGB!

Event duration: April 24, 10:00:00 – April 29, 10:00:00 (UTC)

Activity 1: Answer questions to get lottery tickets and win150,000 BGB!

You can answer questions on this page . You need to have 10 BGB in your account to answer one question. If your answer is correct, you will get a lottery ticket. The more BGB you have, the more questions you are allowed to answer. One user may get up to 50 lottery tickets. The more tickets you have, the higher your chances of winning!

https://techmoney.com.ng/index.php/2023/04/25/celebrate-the-bitget-bgb-whitepaper-release-win-300000-bgb/

Bitget innovation zone has pulled out a new token with several rewards for its holders

Bitget, the world's largest crypto copy trading exchange, is proud to announce the launch of Game for a Living (GFAL) token on the Innovation Zone. The gaming platform has recently launched its token on Bit2Me, Seedify and Enjinstarter selling in less than a minute on all those platforms. Bitget Innovation Zone is an innovative space where the most promising industry projects are launched for the first time.

GFAL is revolutionizing the gaming industry by driving mass adoption of blockchain gaming through both an infrastructure that developers can use at no added cost and through the creation of games that showcase the infrastructure, such as Elemental Raiders and Diamond Dreams, aiming to be the biggest revolution in gaming since the introduction of free-to-play models.

Led by Manel Sort (ex-King) and an experienced team (ex-Blizzard), GFAL will offer developers the GFAL Network, which includes: the GFAL Chain, Web3 Game Tools, and a marketplace. GFAL token will serve as a currency for games developed on the GFAL Network, for purchases and sales in the marketplace, and for developer access.

Bitget will list GFAL on the innovation zone and has launched a BGB airdrop, mark the following dates: Deposit time: 13th Mar, 4 PM(UTC), Trading time: 13th Mar, 5 PM (UTC), Withdrawal time: 14th Mar, 5 PM(UTC) and Campaign period: 13th Mar, 4 PM - 16th Mar, 4 PM (UTC).

Users who deposit GFAL no less than 5,000 GFAL net deposit volume can enjoy 10 - 100 BGB Airdrops. Only for 3,000 winners on a first come, first serve basis.

For details of the reward programme visit Bitget official announcement

Trading has many facets and one of them is taking advantage of the experience of leading traders through a strategy known as copy trading. Considering the growing interest towards risk-minimizing options for trading, similar instruments have been spotted on the market before. Leading cryptocurrency exchange Bitget managed to introduce copy trading in full and make it both accessible and comprehensive to users on a massive scale.

Enter Bitget
Bitget, established in 2018, is the world’s leading crypto derivatives exchange with a core focus on social trading. The exchange currently serves over 8 million users in more than 100 countries worldwide by providing them with one-stop trading solutions aimed at increasing crypto adoption, and has became the largest crypto copy trading platform.



In early 2023, Bitget took a bold step in opening up the cryptocurrency market to a broader audience of traders by becoming the first centralized exchange in the world to launch a copy trading service for the spot market. The new flagship product, dubbed One-Click Copy Trade, is meant to become an intuitive experience for spot traders and a go-to solution for newcomers into the cryptocurrency market.

Dear boss,

What Is Copy Trading?
If put in simple terms, copy trading is the process of literally copying an experienced trader’s strategies and trades. Users who either do not have the time or necessary experience to conduct an in-depth technical analysis to derive their strategies or trading algorithms can resort to the actions of other traders and shadow their trading portfolio to increase the possibility of making profitable trades. Given the fact that most professional traders conduct technical analysis on a routine basis, tapping into their experience is a surefire way of compiling a comprehensive overview of the market situation and potential forecasts on asset price movements.



The given approach not only provides a fast track into trading, but also gives all new players a readymade playbook to follow. The transparency that comes with copy trading also discloses the selected trader’s returns, trading history, applied methods and strategies, and portfolio makeup. Combined with a variety of trading tools like Maximum Investment, Stop Loss and Take Profit options, copy trading is ideal for both novice and experienced traders seeking ways of simplifying and enhancing their trading operations.

Advantages of Copy Trading
One of the biggest advantages of copy trading for beginners is that it provides them with an instant and digested overview of broader market dynamics based on the actions of experienced traders. The ability to track a real trader’s moves and trades illustrates the logic behind every operation. This creates a tentative connection between market movements and human reactions to them aimed at making a profit or safeguarding portfolio assets. The convenience of the approach is further bolstered by the availability of a wide variety of trader strategies on offer, each suited for individual preferences and risk appetites. Add to that the possibility of selecting traders based on individual preferences and filters, and copy trading becomes akin to shopping for expected yields.



The ability to find traders whose actions align with preferred strategies and limit orders saves an immense amount of time that would have otherwise been spent on keeping constant tabs on the market, order books, trading volumes and so on. Elite traders have perfected and nearly automated their strategies to take into account every possible scenario, making copy trading of their actions an ideal option for users willing to both learn from the best and enhance the yield-generating performance of their portfolios.

Key Features of Copy Trading with Bitget
Bitget developed its flagship product with users in mind, ensuring that the onboarding process is as seamless and convenient as possible. The application, both mobile and web-based, guides the user through a step-by-step guide displaying all the key functions and actions necessary to kickstart their trading careers using copy trading.



Among the key features that set Bitget’s copy trading solution apart from similar products are the following:



● Availability of thousands of verified traders, both experienced and elite with a successful track record, whose spot copy trading strategies are available for users to copy;



● Selection of filters and metrics allowing users to find elite traders with strategies and trades matching their personal requirements, including trading pairs, timeframes, risk levels, etc.;



● Broad range of available trading pairs and assets to choose from, including BTC, ETH, XRP, BCH and others;



● Trading turned into a social interaction process through the availability of trade insights, educational articles, elite trader profile details, and real-time market updates;



● Wide range of available tools for amplifying copy trading through multiplier mode and other instruments for maximizing profit-making opportunities.



● Customized risk control instruments for setting stop loss and taking profit orders based on individual risk appetite preferences.



● Direct access to trading knowledge resources via the Bitget Academy and Bitget Insights, giving unique and firsthand looks at the ways elite traders handle their trades.

Starting Up Bitget Spot Copy Trading
In order to start working with Bitget’s copy trading instrument, users first need to register on the exchange and pass all necessary Know Your Customer and verification procedures.



Once done, it’s required to access the ‘Copy Trading’ section and click on the ‘Spot Copy Trading’ button. The section opens with a selection of traders available for copying along with a filter setup based on total equity, transaction history, follower counts and other criteria. Once a trader has been selected based on individual preferences, the user is required to press the ‘Copy’ button next to the trader’s profile and start on their path to copy trading. After agreeing to Bitget’s Terms and Conditions the user is redirected to a settings page where they can tune the selected trading option and customise following of the selected trader’s strategies.



The application allows traders to invest a fixed amount of equity from $10 to $3,000 once the selected trader responds to the request. A multiplier from 0.1 to 20 can also be set to select a proportion of the trader’s order. The page also provides users with the ability to access the ‘Risk Management’ section and adjust take profit, maximum investment, stop loss and take profit limits. Experienced traders looking for fine-tuning individual trades and more customized options, can use the ‘Advanced Settings’ section.



Once all the adjustments have been made, users need to press the ‘Follow’ button to start following the selected trader. On the profile page, traders can also find the ‘My Copy Trades’ section that gives a detailed overview of their orders and the traders they are following. The section gives users the opportunity to adjust every open order and how they are followed.



That’s it, the copy trading option has been successfully launched and users can now watch their copy trading in action.

How to Find a Trader to Follow
Finding a trader to follow is not always an easy task for a number of reasons. First, there are hundreds of successful traders posting their trading strategies on the platform, each with their own advantages and shortcomings. As such, novice traders should pay special attention to a number of key criteria that can help them identify a trader whose strategies best suit their expectations for successful trading.



First and foremost, consistent gains over the long term are a surefire sign of a successful trader. Truly keen traders with a special connection to the market’s vibe retain high performance throughout bearish and bullish markets alike.



The second key factor is risk appetite. All traders apply risk management in one way or another, however, some have a higher risk tolerance threshold than others. The higher the risk – the higher the potential for profits, but so is the possibility of losses. Users should always take a pragmatic approach to risks based on their own preferences and never chase high-profit indicators at the expense of prudence.



The similarity of many traders’ strategies should come as no surprise, as the approaches to successful trading can align in many cases for many assets. As such, users should draw a clear distinction between the traders they are considering based on a combination of parameters, and not just one.



The follower count is an important indicator of a trader’s performance, as it showcases both high standards of professionalism in market operations and a conscientious approach towards the interests of their followers.



Novices to copy trading must always bear in mind the fact that even elite traders are humans and their fault tolerance is never zero. Any trading strategy is vulnerable to market changes and no single one should be considered perfect. The risk of losses remains even if the selected trader has been demonstrating consistent performance over a long period of time and users must be prepared to set limits accordingly to minimize potential losses.

Copy Trading – The Takeaways
Copy trading by Bitget is an excellent starting point for novice traders willing to generate yields and learn from elite traders with established trading histories. It is also an opportunity for experienced market players to showcase their performance and gain community recognition. The solution from Bitget provides a convenient and straightforward onboarding experience into the world of trading and provides all the necessary instruments to adjust trades and risks to suit individual requirements.

Although the last year has undoubtedly been a bear market, some cryptocurrency trading platforms made a great job of proving that the success of exchange tokens is closely tied to the success of the platforms they represent. While the year was not entirely successful for the majority of them, Bitget still managed to successfully manoeuvre its way through the wreckage of both the Terra and FTX collapses. BGB token demonstrated positive yearly dynamics, raising the all-time high (ATH) price bar several times last year.

Bitget Token (BGB) — Biggest Winner From FTX Collapse


The BGB token turned out to be the only exchange token that stayed green all year round. The asset posted an unprecedented 136% year-over-year gain, with prices lifted in March and October and reaching its ATH of $0.4 on February 15, 2023.

Bitget massively benefited from the FTX collapse, increasing its share of the crypto derivatives trading market from 3% to 11%, according to the Token Insight report. A Boston Consulting Group report shows that in 2022, Bitget ranked among the top three crypto exchanges in terms of cryptocurrency derivatives trading volume, with a total trading volume growth of more than 300%. As the Bitcoin options market sees whales opting for bullish strategies and amidst the market volatility in general, the demand for crypto derivatives as an instrument for hedging risks and earning stable profits is higher than ever. Since the second half of 2022, crypto derivatives volume has been growing faster than the spot market. According to data from CryptoCompare, in January 2023, derivatives trading volume showed a monthly gain of 76% reaching $2.04 trillion, the largest percentage increase since 2021, and currently representing 70% of the entire crypto market.

The exchange's foray into the spot market has been another contributing factor to the growth in the price of BGB. Bitget added AI (Artificial Intelligence), Arbitrum, and NFT zone listings to its Innovation Zone for early-stage exposure to related tokens. Within a week, 21 assets were listed in the Innovation Zone, while Future (AI) witnessed the biggest gain of 1263%.

Not only that. BGB token has reached its ATH several times over the past year driven by major partnerships, market expansion and the launch of pioneering products such as copy trading. It is noteworthy that in 2022 the token never dipped below the price of 2021, unlike other cryptocurrency exchange coins. In addition, BGB rallied impressively in October, breaking its price record after Bitget announced its partnership with prominent football player Lionel Messi.

The financial and technical stability of the exchange also played a big role in maintaining a stable price of its token throughout the year. Bitget is the only exchange among today's top five that has never faced hacking attacks. The platform management did not reduce its staff, but indeed increased the number of employees by five times to 1,100 people in January 2023. This allowed the company to minimize the consequences of the market fall and show record financial and quantitative indicators in the new year.

Bitget, a leading cryptocurrency derivatives exchange, has announced the winners and conclusion of its Hero Trader Awards 2022 competition. The event was organized to select the best 15 copy traders with high moral standards and professional qualities through community voting.

The Hero Trader Awards 2022 commemorated the advancement of copy trading based on transaction data from Bitget’s One-Click Copy Trade in 2022, which was used to select 75 Star Traders who participated in the contest.

Bitget is a pioneer in crypto copy trading thanks to the way it works to improve products through innovation. One-Click Copy Trade, is Bitget’s flagship offering of crypto copy trade, and as of Jan 19th 2023, the product has amassed more than 80,000 traders and over 380,000 followers, along with 47,000,000 profitable copy trades since its launch. Recently, Bitget has become the first cryptocurrency exchange to launch copy trading in the spot market.

The event parsed winners into five categories – Grand Champion Award, Robin Hood Award, Mansa Award, Hermes Award, and Genghis Award, as users voted for their favorite candidates based on a range of trading variables, helping Bitget select the 15 finalists among the best copy traders. The prize pools range from 8,000 to 3,000 USDT. Other prizes include poker-themed NFTs, copy trading follower count increases, and various exclusives.

Bitget will also give additional benefits for Hero Trader Award candidates including invitations to a series of AMAs and seminars on Twitter, as well as eligibility to join the Bitget Hero Traders Foundation with the opportunity to participate in follow-up activities and training for the foundation.

Gracy Chen, Managing Director of Bitget, remarks “Bitget has always been investing in developing the best community with effective trading information for our users. Events like the Hero Trader Awards 2022 are important opportunities for community users to engage in rewarding activities and explore many new possibilities offered by the copy trading and derivatives trading market. Our team would like to thank all the participants of the Futures Hero Trading Award Event, for every participant is essential for the development of our trading ecosystem.”


https://techmoney.com.ng/index.php/2023/02/10/bitget-announces-winners-of-hero-trader-awards-2022/