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Binance Launches Spot Copy Trading

Binance Launches Spot Copy Trading

2024-05-15 12:00

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance is pleased to announce the launch of Spot Copy Trading, which is available on both the Binance website and Binance App. Users (i.e., “Copy Traders”) in eligible regions may start replicating the real-time Spot trading strategies of experienced and skilled traders (i.e., “Lead Traders'') seamlessly via Copy Trading. 

How Binance Copy Trading Works:

  • Copy Traders select the Lead Traders that they would like to copy, allowing them to learn various strategies and benefit from the trading expertise of more experienced traders. 

  • There are two types of Copy Trading modes: Fixed Amount and Fixed Ratio. These options provide users with the flexibility to determine how they would like their trades to be executed. 

  • Copy Traders can review performance metrics (e.g., ROI, PnL) of each Lead Trader’s portfolio before copying Lead Traders’ strategies that match their risk tolerance profile.

  • Lead Traders also benefit as they would earn a 10% profit share from their Copy Traders, 10% commissions from their Copy Traders’ trading fees, and receive exclusive benefits.

How to Start Copy Trading:

  • Step 1: Log in to your Binance account and click on [Trade] > [Copy Trading].

  • Step 2: Choose [Spot Copy Trading].

  • Step 3: Select the preferred portfolio and click the [Copy] button to start.

Explore Spot Copy Trading Now!

Guides & Related Materials:

Thank you for your support!

Binance Team

2024-05-15

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Where copy trading involves futures, trading in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. 

You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. Trading by following and/or copying the trades of other traders involves a high level of risk, even when following and/or copying the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. Copy trading is restricted in certain countries and to certain users.  This content is not intended for users/countries to which restrictions apply. For more information, see our Terms of Use and Risk Warning.