Binance Wallet announced the launch of its CopyTrade feature at 15:04 on October 20 (UTC+8). Put simply, you choose an on-chain wallet you like and have your own wallet buy and sell alongside it.
It’s easy to use. You can choose a wallet from the leaderboard or paste in any wallet address, then set how much to buy each time and your take-profit and stop-loss levels. The wallet handles the rest automatically, and you can stop at any time. There are no restrictions on which tokens you can follow: Meme coins and bStocks tokenized stocks are supported, and the official announcement says other tokens can be followed too.
In the past, if you wanted to copy the “smart money,” you had to watch the blockchain yourself and manually follow big players after spotting their buys—often a step too late. Now you can leave that to a tool. It’s faster, but you also copy the risks: if they make a bad buy, you lose too. You also need to watch out for people who deliberately make their track records look good, then sell their tokens to copy traders once they enter. Before following a wallet, it’s best to review its history, keep each trade small, and make sure you set a stop-loss.
As of 17:49 on October 20 (UTC+8), Binance Spot $BTC was worth approximately $81,400, down 1.9% over 24 hours; $BNB was worth approximately $727, essentially unchanged.
#币安钱包 #CopyTrade #BNB is not investment advice.
It’s easy to use. You can choose a wallet from the leaderboard or paste in any wallet address, then set how much to buy each time and your take-profit and stop-loss levels. The wallet handles the rest automatically, and you can stop at any time. There are no restrictions on which tokens you can follow: Meme coins and bStocks tokenized stocks are supported, and the official announcement says other tokens can be followed too.
In the past, if you wanted to copy the “smart money,” you had to watch the blockchain yourself and manually follow big players after spotting their buys—often a step too late. Now you can leave that to a tool. It’s faster, but you also copy the risks: if they make a bad buy, you lose too. You also need to watch out for people who deliberately make their track records look good, then sell their tokens to copy traders once they enter. Before following a wallet, it’s best to review its history, keep each trade small, and make sure you set a stop-loss.
As of 17:49 on October 20 (UTC+8), Binance Spot $BTC was worth approximately $81,400, down 1.9% over 24 hours; $BNB was worth approximately $727, essentially unchanged.
#币安钱包 #CopyTrade #BNB is not investment advice.