Spot copy trading allows you to copy portfolios of experienced traders in real time. After determining the investment amount, the system automatically copies the trades of the lead traders you follow.
Who are lead traders and copy traders?
Lead traders are experienced traders who allow other users (copy traders) to follow and copy their trades.
Advantages of Spot Copy Trading
Spot copy trading allows new traders to get their feet wet in the cryptocurrency market and learn strategies and techniques that will help them succeed.
Experienced traders can become lead traders and earn income from the successful trades of their copy traders.
What are the risks associated with spot copy trading?
All types of investments carry certain risks. If the strategy you follow in spot copy trading fails, you may lose your investment. There is also a risk of slippage in volatile market conditions or when you trade assets with low liquidity. Therefore, it is necessary to manage risks and invest rationally and only within your financial means.