According to Binance News, Binance announced that its copy trading has achieved an average weekly trading volume of more than US$2 billion in the first three months since its launch in October 2023. In the past month, Binance Copy Trading has launched a new series of user-centric features, such as simulated copy trading, private chat rooms, and Sharpe ratio indicators, which enhance the user experience, promote user learning, and make smarter decisions.
Rohit Wad, CTO of Binance, shared: “Through the Copy Trading Platform, our vision is to build an industry-leading social trading product where trading is not just about trading, but also about an opportunity to learn and grow together. The positive support and feedback we have received from the community so far is a testament to Binance’s commitment to building products that are truly valuable to our users. We are excited to see the product get off to a good start and look forward to watching it continue to grow in 2024 as we continue to work hard to innovate and bring the best products and services to our users.”