Dubai, United Arab Emirates, November 7, 2024, Chainwire

Bitunix The exchange announced on November 1 the launch of its copy trading function. With this tool, Bitunix allows new traders to take their first steps in futures trading by copying experienced traders. The Fastest Growing Crypto Derivatives Exchange With this move, the goal is to make participating in crypto trading as easy as possible for everyone.

According to Daily cornerCrypto copy trading has quickly gained popularity among retail investors, providing newcomers with a way to enter the market. Considering this and based on user feedback and market trend analysis, Bitunix came up with its advanced version of Copy Trading Feature.

This new tool allows users to follow experienced traders, automatically replicating their trades to the user’s account, making trading simpler for newcomers. Both users and traders benefit: traders gain subscribers and a share of potential revenue, while users can view transparent performance metrics (such as ROI, win rate, and trade size) to choose traders wisely. Traders without followers can also post trading signals to attract users.

Highlights of Bitunix Copy Trading Feature

Some of the things that can be highlighted regarding the Bitunix copy trading feature are:

• One-Click Copy Trading: Users can follow strategies from a trusted trader with just one click, enabling automated trading for beginners and professionals alike.
• Real-time data and transparency: Historical profit data for all traders is available in real time, helping users make informed choices with clear and transparent information.
• Custom Copy Trading: Users can customize copy trade amounts, take profit and stop-loss settings based on their risk preferences.
• Become a Master Trader: Experienced traders can become leader traders, sharing strategies and earning a percentage of their followers’ potential earnings.
• Avatar selection: Traders can choose from a set of system-provided avatars (custom avatars not supported).

How much can a user invest and what are the profit sharing fees with the copied trader?

Bitunix Copy Trading has its limits on how much a user can invest and this is how it works:

• Fixed amount mode: A user can invest between $10 and $1,000.
• Proportional mode: A user can invest between $100 and $100,000.

In Copy Trading, when a user earns from trades they have copied, up to 10% of that revenue goes to the trader in the form of profit sharing fees. Bitunix may adjust this percentage in the future based on the trader’s experience or performance. Currently, each trader can have up to 100 followers, and there are plans to increase this limit as trader levels evolve.

How can users monitor their copy transactions?

The “My Copy Trading” module gives users detailed information on active and completed copy trades, including amounts, margin balances and profits/losses. Users can monitor an unlimited number of ongoing trades in real time (with up to 10 trading accounts copied). It also provides access to trade positions, profit statement and past records of completed trades for review.

How can users detect top performing traders to copy?

The Trader List is curated to help users find the most successful traders, with rankings based on key metrics such as profit and loss, ROI, win rate, and trading volume. This structured approach makes it easier for users to select traders who best match their investment goals.

Additionally, users can use a search function to locate specific merchants in the list. For those looking for different results, the platform offers flexibility. Users who are dissatisfied with their current copy trading results can stop following a trader or choose to follow a new one.

How to participate in Bitunix copy trading

Bitunix’s Copy Trading feature simplifies trading in the fast-paced cryptocurrency market, providing an easier start for new traders compared to manual trading. The steps to participate are as follows:

• Copy Trading Users: Log in to the Bitunix platform via the website or app, navigate to the “Copy Trading” panel, select a lead trader to follow, customize trading settings and start automated trading instantly.
• Main traders: Experienced traders can apply to become lead traders on the same page, sharing their strategies and potentially earning through follower engagement.

Bitunix also recently introduced its multi-window trading functionalityaligning with its mission to provide a convenient and feature-rich trading environment.

To know the detailed steps on how to participate in Bitunix Copy Trading, users can visit this tutorial on their website. website.

About Bitunix

Bitunix is a global cryptocurrency derivatives exchange founded in 2021, which is committed to providing its users with simple, secure, transparent and profitable trading services. Bitunix specializes in both spot and perpetual futures trading, with over 250 trading pairs and leverage of up to 125x.

With features such as best-in-class liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of delivering a trading experience trusted to the global cryptocurrency community. Bitunix has attracted over 1,000,000 users in over 100 countries, facilitating a daily trading volume in excess of $1 billion on its platform.

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KX WU
Bitunix
[email protected]

Disclaimer: Press release sponsored by our business partners.