🚀 Binance is introducing a copy trade feature for its futures products in select markets. This will allow newcomers to the crypto exchange to copy the strategies of experienced traders and expand access to financial opportunities. 🌐
Lead traders whose strategies are copied will receive a 10% profit share and a 10% discount on trading fees from the copy traders. Experienced traders will be able to share their knowledge and techniques through the Binance Feed, creating a vibrant knowledge-sharing community.
New copy traders will be able to follow the top 10 leaders, gaining access to important portfolio data such as ROI, profit/loss records, drawdowns and assets under management. This will help beginners to easily use the experience of experienced traders.
To manage risk, Binance has implemented several copy trading features. Users will be able to customize their risk settings, including Take-Profit/Stop-Loss levels, leverage levels and margin modes. Slip limits are 0.3% for BTC/USDT and ETH/USDT and 0.5% for other futures contracts.
Lead traders whose strategies are copied will receive a 10% profit share and a 10% discount on trading fees from the copy traders. Experienced traders will be able to share their knowledge and techniques through the Binance Feed, creating a vibrant knowledge-sharing community.
New copy traders will be able to follow the top 10 leaders, gaining access to important portfolio data such as ROI, profit/loss records, drawdowns and assets under management. This will help beginners to easily use the experience of experienced traders.
To manage risk, Binance has implemented several copy trading features. Users will be able to customize their risk settings, including Take-Profit/Stop-Loss levels, leverage levels and margin modes. Slip limits are 0.3% for BTC/USDT and ETH/USDT and 0.5% for other futures contracts.