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Bitget Innovates Social Trading With New Feature 'Strategy Plaza'

09 Nov 2022

The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype or empty promises, while providing increased passive stablecoin ($BUSD) payouts, and continue to grow, evolve, and expand.

Dave Rahman is the Co-Founder of EverEarn. He recently joined the Bitcoin.com News Podcast to talk about the project:

IT Professional with over 15 years’ experience running IT departments, filling C-Suite IT positions, and advising companies on information security and compliance. Began in crypto almost 2 years ago as a novice investor and continues to consume a learn all-things-crypto. Began EverEarn to be part of the solution of helping to move crypto towards mass adoption, by helping further elevate and legitimize the crypto space through education of the general public, and working to provide a scam-free cryptocurrency environments.

Despite the economic downtrend for the past 8 months, EverEarn has paid out over $2 million in $BUSD stablecoin back to holders and is now expanding to the Ethereum blockchain. The team has maintained daily community voice chats since launch, and provides a monthly community address, which gives everyone a clear picture of the activities for the current month, as well as the month ahead. The EverEarn team is now bringing this community mentality and commitment to the Ethereum blockchain, and is doing so in a big way.

To learn more about the project visit everearn.net, and follow the team on Twitter or Telegram.

The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow us on iTunes, Spotify and Google Play.

This is a sponsored podcast. Learn how to reach our audience here. Read disclaimer below.

 

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.

The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype or empty promises, while providing increased passive stablecoin ($BUSD) payouts, and continue to grow, evolve, and expand.

Dave Rahman is the Co-Founder of EverEarn. He recently joined the Bitcoin.com News Podcast to talk about the project:

IT Professional with over 15 years’ experience running IT departments, filling C-Suite IT positions, and advising companies on information security and compliance. Began in crypto almost 2 years ago as a novice investor and continues to consume a learn all-things-crypto. Began EverEarn to be part of the solution of helping to move crypto towards mass adoption, by helping further elevate and legitimize the crypto space through education of the general public, and working to provide a scam-free cryptocurrency environments.

Despite the economic downtrend for the past 8 months, EverEarn has paid out over $2 million in $BUSD stablecoin back to holders and is now expanding to the Ethereum blockchain. The team has maintained daily community voice chats since launch, and provides a monthly community address, which gives everyone a clear picture of the activities for the current month, as well as the month ahead. The EverEarn team is now bringing this community mentality and commitment to the Ethereum blockchain, and is doing so in a big way.

To learn more about the project visit everearn.net, and follow the team on Twitter or Telegram.

The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow us on iTunes, Spotify and Google Play.

This is a sponsored podcast. Learn how to reach our audience here. Read disclaimer below.

 

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was made due to a need to become more “capital efficient,” and described the next steps the company will take moving forward.

Mark Zuckerberg, CEO of Meta, the company previously known as Facebook, announced today the company would cut jobs for 13% of its workforce, letting go of more than 11,000 employees in the coming days. The decision comes after a determination to take the company in a “leaner and more efficient” direction, as the CEO explained in a blog post detailing the measure.

Zuckerberg said the company had believed the growth fueled by the coronavirus pandemic would be permanent, and that’s why it ramped up its investments. Zuckerberg acknowledged this has been a mistake, and also included the current macroeconomic conditions and increased competition as aggravators of the situation caused by a drop in revenue. Zuckerberg stated:

I got this wrong, and I take responsibility for that.

As part of the measures taken to increase the efficiency of the company, Zuckerberg stated that the layoffs are part of a “cultural shift” that will affect how the company operates. As an example, Meta will be sharing desktops amongst employees that are partially employed and will continue the current hiring freeze throughout Q1 2023. Furthermore, he added that more cost-cutting measures will be rolled out in coming days.

Some teams of the company will be more affected than others, Zuckerberg stated, with Reality Labs, the metaverse-focused division, also being mentioned among the affected divisions. However, Zuckerberg remarked that his “long-term vision for the metaverse” will continue to be considered one of the “high-priority growth areas” for the company. The employees affected by these layoffs will enjoy a series of benefits that include severance, career services, and immigration services support for employees working with immigration visas.

The market reacted in a positive way to the announcement, with the price of Meta’s stock gaining almost 5% in the premarket, at the time of writing. Meta’s stock price has been pummeled this year, going from $331 in January to $96 this week, in part thanks to the lukewarm reaction that investors have had regarding the pivot the company is making to the metaverse and to the losses that the Reality Labs division, responsible for metaverse developments, has registered thus far.

What do you think about the more than 11,000 employees to be laid off by Meta? Tell us in the comments section below.

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

Image Credits: Shutterstock, Pixabay, Wiki Commons, askarim / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days

Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.

Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was made due to a need to become more “capital efficient,” and described the next steps the company will take moving forward.

Mark Zuckerberg, CEO of Meta, the company previously known as Facebook, announced today the company would cut jobs for 13% of its workforce, letting go of more than 11,000 employees in the coming days. The decision comes after a determination to take the company in a “leaner and more efficient” direction, as the CEO explained in a blog post detailing the measure.

Zuckerberg said the company had believed the growth fueled by the coronavirus pandemic would be permanent, and that’s why it ramped up its investments. Zuckerberg acknowledged this has been a mistake, and also included the current macroeconomic conditions and increased competition as aggravators of the situation caused by a drop in revenue. Zuckerberg stated:

I got this wrong, and I take responsibility for that.

As part of the measures taken to increase the efficiency of the company, Zuckerberg stated that the layoffs are part of a “cultural shift” that will affect how the company operates. As an example, Meta will be sharing desktops amongst employees that are partially employed and will continue the current hiring freeze throughout Q1 2023. Furthermore, he added that more cost-cutting measures will be rolled out in coming days.

Some teams of the company will be more affected than others, Zuckerberg stated, with Reality Labs, the metaverse-focused division, also being mentioned among the affected divisions. However, Zuckerberg remarked that his “long-term vision for the metaverse” will continue to be considered one of the “high-priority growth areas” for the company. The employees affected by these layoffs will enjoy a series of benefits that include severance, career services, and immigration services support for employees working with immigration visas.

The market reacted in a positive way to the announcement, with the price of Meta’s stock gaining almost 5% in the premarket, at the time of writing. Meta’s stock price has been pummeled this year, going from $331 in January to $96 this week, in part thanks to the lukewarm reaction that investors have had regarding the pivot the company is making to the metaverse and to the losses that the Reality Labs division, responsible for metaverse developments, has registered thus far.

What do you think about the more than 11,000 employees to be laid off by Meta? Tell us in the comments section below.

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

Image Credits: Shutterstock, Pixabay, Wiki Commons, askarim / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days

Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.

PRESS RELEASE. Hong Kong, 9th Nov 2022 – Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza. The new feature provides users with the option to follow a series of automated trading strategies and allows the system to automatically execute the strategies after subscription, facilitating trades with convenience and flexibility.

Strategists could create their unique automated trading strategies and share them on Strategy Plaza. At the same time, regular users could review each strategist’s profile and performance contributed by their strategies, and choose to subscribe to their favourite strategists and follow those strategies. After subscribing to strategists, the trading strategies will be automatically executed for the users over the following 30 days, including the actions to start and end strategy taken by the strategists, as an addition to copy trading with manual ordering.

Strategy Plaza will not only benefit the users with the variety of trading strategies set by experienced and excellent traders, but also help strategists profit from sharing, as a subscription fee may be needed for some strategists. Together with other social trading features such as One-click copy trade and Bitget Insights, Strategy Plaza could further enhance Bitget as a one-stop trading platform, with seamless integration of opinion sharing, social interaction and copy trading, providing well-rounded social trading services to better suit everyone’s needs.

Gracy Chen, Managing Director of Bitget, says, “Bitget focuses on providing users with the best social trading experience. The additional feature, Strategy Plaza, diversifies the platform’s offering and further optimizes users’ trading portfolio, as well as improves the benefits of being an experienced trader. We hope that, with our continuous effort in developing new tools and innovation to upgrade our social trading products, users will be more capable of achieving their goals.”

Bitget’s flagship product of social trading One-Click Copy Trade has received massive popularity in the industry since its launch. The exchange recently also developed another social trading tool “Bitget Insights”, to better educate traders with insights and learnings from their more experienced peers, further bridging the knowledge gap between beginners and expert traders.

For more information, please visit here.

About Bitget

Bitget, established in 2018, is the world’s leading cryptocurrency exchange with innovative products and social trading services as its key features, currently serving over 8 million users in more than 100 countries around the world.

The exchange is committed to providing one-stop and secure trading solutions to users and aims to increase crypto adoption by collaborations with creditable partners, including Argentinian legendary footballer Lionel Messi, Italian leading football team Juventus, PGL Major’s official esports crypto partner, and the leading esports organisation Team Spirit.

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

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