According to ChainCatcher, The Block reported that Binance, the world's largest cryptocurrency trading platform, announced the launch of spot copy trading. Users can now copy the positions of professional traders in the Binance spot market. Users only need to select a strategy provider and set the copy amount, and the corresponding order will be automatically executed, saving time and effort.

Copy trading is currently in the Beta testing stage and is only open to a small number of users. In the next few weeks, Binance will evaluate feedback and optimize it, and gradually launch it to more users.

Previously, Binance launched the contract copy trading function in 2020. This time, Binance will expand copy trading to the spot market to meet the needs of more users.