Tutorial
Copy trading lets you mirror the investment portfolios of seasoned traders in real-time. Once you set your investment amount, the system automatically copies the trades from the main traders you follow.
Who are the main traders and copy traders?
Main traders are experienced traders who allow others to follow and copy their trades, while copy traders are those who track and replicate the trades from the main traders.
Advantages of copy trading
Beginner traders can familiarize themselves with the crypto market through copy trading, learning strategies and techniques that will help them become better traders.
Experienced traders can become lead traders and capitalize on successful trades from copy traders.
Builds a community that allows traders to interact, learn, and copy each other's trades.
What are the risks associated with copy trading?
All investments carry a certain degree of risk. In copy trading, if the strategy you’re following is unsuccessful, you could lose your investments. You may also face slippage risk during volatile markets or if the assets you're trading have low liquidity. Therefore, you should manage your risk and invest wisely within your financial capacity.