BTCEX offers user-friendly, convenient and transparent experience with its one-click copy trading service, which not only reduces the transaction threshold for novice investors, but also helps expert traders gain targeted fans and commission higher than the average in this field.
I. What is Copy Trading?
As the name suggests, copy trading allows novice traders to copy the positions opened and managed by expert traders.
- Traders & Followers
As the participants in copy trading, users who copy the trade are followers, whereas users who lead the order are traders.
- automatically synchronize traders' opening and closing operations on their positions;
- choose when to open and when to close the position;
- modify their copy amount;
- choose when to stop loss or to take profit;
- follow multiple traders at the same time.
By mimicking the investing strategy from experienced traders, followers are able to learn the knowledge, experience and skills needed in a quicker way.
- obtain up to 10% of follower profit sharing by opening orders at BTCEX;
- get more exposure and gain targeted followers.
However, copy trading does not always guarantee profits. The market is always fluctuating. Please fully consider the risks and choose the one that suits you when it comes to investment.
II. How to Copy Trade?
- How to be a follower?
Log in to your BTCEX account, click open the copy trade page on the top bar.
As you can see in the above page, there are data that help you to decide which one to follow:
ROI in 3w: profit in the last 3 weeks/the largest principal of single position in the last 3 weeks;
Win rate in 3w: the number of orders with positive returns in the last 3 weeks/the total number of orders in the last 3 weeks;
PNL in 3w: the total earnings of closed orders in the last 3 weeks;
Accum ROI: cumulative rate of return (total return/the largest opening principal in history);
Accum Transactions: cumulative number of transactions, which refers to the total number of all closed orders;
Accum Followers: cumulative follower number, the total number of people who have followed the trader. If a follower unfollowed the trader and follows back again, this follower is still counted as one.
The data above are updated on a daily basis and are from BTCEX's real trading, which ensures its authenticity, timeliness and transparency.
If you have decided which trader you would like to follow, just click the blue button [Follow] and follow BTCEX Follower’s Guideline – How to Copy Orders to proceed.
- How to be a trader?
If you would like to lead the order in copy trading, please submit your application following this step-by-step guide: BTCEX Trader’s Guideline - How to Apply to Be a Trader