Bitunix Exchange launches Copy Trading Feature, making futures trading more accessible for new traders

From Investing.com

November 7, 2024 03:00:37 AM:

Bitunix exchange launched a Copy Trading Feature on November 1st, making futures trading accessible for new traders by allowing them to copy experienced traders. This move aims to simplify crypto trading for everyone and capitalize on the growing popularity of copy trading among retail investors.

The new Copy Trading Feature by Bitunix allows users to automatically replicate trades made by experienced traders in their own accounts. Traders benefit by gaining followers and a share of potential earnings, while users can view performance metrics like ROI and win rate to choose traders wisely. Traders without followers can publish trading signals to attract users.

Users of Bitunix’s Copy Trading Feature can invest between $10 and $100,000 in Fixed Amount or Proportion Mode. When users earn from copied trades, up to 10% of those earnings go to the trader as a profit-sharing fee. Each trader can have up to 100 followers, with plans to increase this limit as trader levels evolve.

Bitunix’s “My Copy Trading” module provides users with detailed insights into active and completed copy trades, including amounts, margin balances, and profit/loss. Users can monitor unlimited ongoing trades in real-time and access trading positions and past records of completed trades for review.

Bitunix organizes the trader list based on key metrics like profit and loss, return on investment, win rate, and trade volume to help users find top-performing traders to copy. Users can search for specific traders within the list or choose to stop following a trader if unsatisfied with results.

To participate in Bitunix’s Copy Trading, users can log in to the platform, select a lead trader to follow, customize trading parameters, and start automated trading instantly. Experienced traders can apply to become lead traders and share their strategies to potentially earn through follower engagement. Bitunix aims to provide a convenient and feature-rich trading environment.

Read more at Investing.com: Bitunix Responds to Pro Trader Demand with New Copy Trading Feature By Chainwire