Comparisons
FOMO vs Bitget: which is better for copy trading?
Both offer copy trading and they copy different things. Bitget's runs inside a centralised exchange: you follow traders on its own platform, and the exchange holds the funds and executes on its own book. FOMO's is onchain: you follow wallets whose activity is public, and the positions are tokens in a wallet tied to you.
The difference that matters
- What you can copy. An exchange's copy trading is limited to what that exchange lists, which for memecoins means almost nothing. Onchain copying reaches any token with a pool.
- Verification. An exchange reports a trader's performance from its own records. Onchain, the record is public and you can check it yourself.
- Custody. Exchange copy trading means the venue holds the funds. Onchain, the tokens sit in your wallet.
- Instruments. Exchanges dominate on leverage and perpetuals. Onchain copying is mostly spot.
Which to pick
If you want to copy leveraged positions in major assets with everything handled in one account, an exchange product is built for that. If what you want to copy is somebody buying a Solana token that launched this morning, an exchange cannot do it at all and the question answers itself.
The part neither one fixes
Your sizing and your exits. On both platforms the deciding variable is the same: a fixed position size and rules that fire without you, chosen before the first copy. Trader selection matters much less than most people assume.
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