Instant Copy Trading: Discover expert strategies with just one click!
Basic conclusions
Instant copy trading simplifies the trading process by enabling users (copy traders) to automatically copy the strategies of more experienced traders (called master traders) in the spot trading markets.
Copy traders can benefit from access to different strategies, risk management, and educational growth opportunities — all without having to manually execute trades.
Master traders earn passive income by sharing their expertise, receive a 10% profit share from copy traders and a 10% commission on trading fees.
This is a public announcement. The products and services referenced here may not be available in your area.
Copy trading allows you to automatically copy the trades of more experienced traders — known as master traders — and apply their strategies to your trading activities without having to manually execute the trades.
After launching copy trading for futures in October 2023, thus opening up advanced trading strategies to a larger audience, we recognized the need to expand this tool further. Many users have expressed interest in a similar feature for spot trading.
In response to this feedback, we are pleased to now offer Instant Copy Trading. It expands the concept of copy trading on Binance beyond futures, moving it to spot trading markets, making it easier for users around the world to follow the strategies of major traders. Our goal is to provide every user, regardless of where they are located or their level of experience, with tools to enhance their confidence and trading abilities.
Learn about instant copy trading
In short, instant copy trading is a feature that allows you to copy the trading strategies of key traders on Binance directly into your own trading activity, eliminating the need for deep market knowledge or constant monitoring. Essentially, it turns complex trading decisions into a straightforward process of choosing which trader to follow, making the world of cryptocurrency trading accessible to everyone.
For new traders, or existing traders looking to trade smartly, this type of trading gives them the opportunity to learn from others. It lowers the barrier to entry and provides a hands-on learning experience while following and replicating the moves of more experienced traders. For master traders, it is an opportunity to monetize their expertise and increase passive revenue streams, all while maintaining control of their investments and portfolios.
The main difference between spot copy trading and futures copy trading lies in the assets traded. Spot trading involves buying or selling digital currencies at current market prices. Meanwhile, futures trading often uses leverage. This can significantly increase potential gains, but will also increase risks, especially given market volatility. As a result, instant copy trading offers a simpler introduction, and offers a clearer and less difficult entry point.
How instant copy trading works
Whether you're starting out as a copy trader, or aiming to become a master trader, here are the essential steps and information you need to get involved. Learn how to prepare and manage your assets and the benefits and responsibilities that come with each role.
For copy traders
1. Select a Master Trader: Go to Instant Copy Trading on Binance. Explore major traders, review their trading strategies, records and success rates. Use the filters to narrow down traders, and choose the trader whose trades you want to copy based on your goals and objectives.
2. Set up the investment portfolio for copy trading: After selecting the master trader, allocate the required investment amount and start copying his trades. Follow the instructions to set this up. You can copy the trades of up to 10 major traders at once — so choose wisely!
3. Track performance: Maintain control of your investments. You will have the same gains/losses as the master traders whose trades you copy. So make sure to track their performance. Adjust allocations as needed. You can easily switch or stop following a particular major trader.
For major traders
1. Become a Master Trader: Start by making sure your Binance account is verified. Log in, go to [Trading] -> [Copy Trading], select [Instant Copy Trading], then click [Become an Instant Master Trader]. Set up your profile with a nickname and add a portfolio description, then select [Instant] as your trading type. Transfer between 500 USDT and 250,000 USDT from your spot wallet to your main trader account (and confirm your acceptance of the User Service Agreement).
2. Requirements and Restrictions: Maintain an investment portfolio balance between 500 USDT to 250,000 USDT. You will have one main trader account, and up to 200 primary copy traders.
3. Benefits and Profits: As a master trader on Binance, you can benefit from the largest user base, with the largest pool of potential copy traders. Get a 10% share of profits from copy traders, and a 10% commission on their trading fees.
Get ready to earn passive income thanks to successful trading strategies!
Features and benefits of instant copy trading
Instant copy trading on Binance is designed to be as user-friendly as possible, ensuring that both new and experienced traders can easily navigate and take advantage of this tool.
Let's dive into the main features and benefits:
- Ease of use and simplicity: Starting your copy trading journey is as simple as a few clicks. The interface is easy to use, allowing for easy selection of key traders and management of your copy trading settings.
- Transparency and trust: When you choose a major trader, you will have access to comprehensive and transparent information about his trading performance and strategies. This builds trust and confidence in the data behind the decisions you make.
- Learning Opportunities: By copying the trades of more experienced traders, you can gain valuable insights into trading strategies and market movements, providing a hands-on, applied learning experience.
As the world's largest cryptocurrency exchange by trading volume, Binance augments these features with a number of unique features:
- Liquidity: Binance provides unparalleled liquidity, ensuring that your trades are executed quickly and at the required prices.
- Variety of trading pairs: With a wide range of trading pairs available, you can allocate assets in your portfolio and explore different crypto opportunities.
- Support and Community: Binance is known for its strong customer support system and vibrant community. Whether you need help with your account or are looking to share experiences, our platform and community are here for you.
These features and benefits make Instant Copy Trading on Binance more than just a tool — it's your gateway to becoming a more informed and successful trader!
