Gate's copy trading business is fully recovering, with average daily new users for futures copy trading surging 71.3% month-over-month.

PANews October 20 news: According to Gate official data, the platform's two major businesses, futures copy trading and CFD copy trading, have recently achieved significant growth in new user acquisition. During the week of October 12 to 18, the average daily number of new futures copy trading participants increased by 71.3% week-on-week, hitting a new high in the past 4 weeks; the average daily number of new CFD copy trading users increased by 40.5% week-on-week, and the number of new lead traders increased by 16.9% week-on-week. Multiple data points improved simultaneously, reflecting the platform's copy trading ecosystem's continuously rising appeal to new users. Along with the expansion of user scale, copy trading activity has also steadily increased. The daily trading volume of futures lead traders rose by 11.9% week-on-week, and the average daily number of copy trading participants increased by 17.9%; for CFD, the average daily number of copy trading participants and the average daily number of lead traders increased by 15.4% and 11.4%, respectively, showing a trend of simultaneous recovery in user growth and trading participation.

To accommodate the growth of new users, Gate launched the fourth edition of the copy trading newcomer gift campaign on October 16. Users experiencing copy trading for the first time can receive 20 USDT in trial funds upon registration, further lowering the threshold for new users to experience copy trading; by completing live copy trading and daily check-in tasks, users also have the opportunity to unlock a limited-time prize pool of 100,000 USDT.