
Copytrading is a service that allows traders to broadcast their operations directly from the exchange, enabling users to automatically copy trading orders in equal proportions to their total trading balance. For example, if a master trader places an order for 10% of their balance, the user will also place an order for 10% of their balance. This makes copytrading an accessible way for new traders to follow experienced traders and potentially earn profits based on their strategies.
Key Features of Copytrading
Within the copytrading section, you can find several channels with detailed statistics about each one. These include:
- Number of subscribers
- Number of trades over time
- Average monthly profit
- Subscription price
For more detailed information about the channel’s performance, you can click the “View statistics” button. This will take you to the channel page, where you can view data, including the minimum balance needed for proper copying of orders and a profit chart.
Important Note: Separate Account Required
To ensure correct order copying, you must use a separate account for each channel. This account should not have any other orders or connected algorithmic trading tools. This setup ensures that all operations in the channel are copied accurately.
Tracking Your Trades
In this section, you can review the trades made by the master trader with a 1-day delay. You can see specific copied trades along with your statistics on them. The details available include:
- The asset pair used in the trade
- The number of coins and trade volume in USDT
- The average prices and profit
- Option to expand specific positions to view information on individual orders
The service operates based on the “Positions” principle. A position refers to one or more orders to buy or sell an asset, which may be opened or closed unevenly. Orders may vary in size and may be closed individually or together.
Subscription and Minimum Balance
To activate the tool, you need a subscription to the chosen channel and the required minimum balance on your exchange account in the corresponding coin. For example, a specific channel might require a minimum balance of 670 USDT to copy the trader’s orders correctly.
How to Use the Copytrading Tool
In the settings, you can choose your preferred exchange and set your balance. A button next to these settings allows you to start or stop the tool. You can pause the tool, stop it, or even sell currently purchased assets.
Important: Familiarize Yourself with Copytrading Rules
Before using the copytrading tool, we strongly recommend reviewing the Copytrading Rules to ensure that you fully understand how to use the service safely and effectively.
To access the copytrading functionality, simply go to the Algotrading tab in the platform interface.