How Does Copy Trading Work on a Crypto eXchange1?

Copy Trading allows users to automatically replicate the trading strategies of experienced traders. Here’s how it works on a crypto exchange:

1. Choose a Trader to Follow: Browse through a list of verified traders, reviewing their performance, trading style, and risk profile.
2. Allocate Funds: Decide how much of your funds you want to allocate for copying the chosen trader's strategies.
3. Automate Trading: Once you’ve connected to a trader, all their trades will be automatically mirrored in your account in real-time.
4. Monitor Performance: Keep track of your portfolio’s performance through detailed analytics available on the platform.
5. Full Control: You can pause, modify, or stop copy trading at any time if you wish to take manual control of your investments.

Copy trading is ideal for beginners or those who want to benefit from the expertise of seasoned traders without actively managing trades themselves. However, remember that trading involves risks, and past performance doesn’t guarantee future results.