Gen Z crypto investors are more likely to take up copy trading, according to a report from Bitget looking into its own users.
, 44% of them were under 25 years of age. This was followed by 25- to 35-year-olds, who accounted for just under one-third of all copy traders.
The older generation, 35- to 55-year-olds, made up 17% of copy traders, while those over 55 were only 7% of the total.Copy trading or social trading has been offered by exchanges in both traditional stocks and crypto. In the crypto space, it is currently offered by exchanges including eToro, Bybit and MEXC, among others.
Users can choose to use an automated tool that essentially copies positions opened and managed by a chosen individual.for investment decisions could explain their affinity towards copy trading.
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