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      Binance Launches Spot Copy Trading

      This is a general announcement. Products and services referred to here may not be available in your region.

      Fellow Binancians,

      Binance is pleased to announce the launch of Spot Copy Trading, which is available on both the Binance website and Binance App. Users (i.e., “Copy Traders”) in eligible regions may start replicating the real-time Spot trading strategies of experienced and skilled traders (i.e., “Lead Traders'') seamlessly via Copy Trading. 

      How Binance Copy Trading Works:

      • Copy Traders select the Lead Traders that they would like to copy, allowing them to learn various strategies and benefit from the trading expertise of more experienced traders. 

      • There are two types of Copy Trading modes: Fixed Amount and Fixed Ratio. These options provide users with the flexibility to determine how they would like their trades to be executed. 

      • Copy Traders can review performance metrics (e.g., ROI, PnL) of each Lead Trader’s portfolio before copying Lead Traders’ strategies that match their risk tolerance profile.

      • Lead Traders also benefit as they would earn a 10% profit share from their Copy Traders, 10% commissions from their Copy Traders’ trading fees, and receive exclusive benefits.

      How to Start Copy Trading:

      • Step 1: Log in to your Binance account and click on [Trade] > [Copy Trading].

      • Step 2: Choose [Spot Copy Trading].

      • Step 3: Select the preferred portfolio and click the [Copy] button to start.

      Explore Spot Copy Trading Now!

      Guides & Related Materials:

      • Binance Spot Copy Trading Service List

      • Binance Spot Copy Trading Rules

      • Spot Copy Trading Guide - Lead Trader

      • Spot Copy Trading Portfolio Performance Indicators

      • Frequently Asked Questions on Binance Spot Copy Trading

      • Spot Copy Trading Guide - Copy Trader

      Thank you for your support!

      Binance Team

      2024-05-15

      Read the original article at binance

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