Copy Trading
Copy trading on Copin Analyzer allows users to effortlessly mirror the strategies of experienced traders from perp DEXes, blending convenience with expertise.
At Copin, the Copy Trading feature elegantly addresses the diverse needs within Perp DEXs, offering a dual advantage. It serves as an educational platform for new users, guiding them through a controlled and risk-managed trading environment, while also providing advanced traders with sophisticated tools to enhance their trading strategies. This balanced approach ensures that Copin is an invaluable resource for traders at any level of expertise.
How to start Copy Trading?
The process of copy trading involves choosing an experienced trader to follow and then mirroring their trading activities in your own portfolio. Hereβs how it works:
Step 1: Selecting a Trader
In the first step of Copin's Copytrading, selecting a trader is streamlined through Trader Explorer, Leaderboard, or by a known trader's wallet address.
Ensure their performance and strategies align with your investment goals with Copin's integrated assessment tools.
Once you find the right match, you can begin copying their trades with a simple click on the 'Copy Trader' button.
Step 2: Investment Allocation
Select and fill in all the required information in the setup section:
Basic settings
Stop Loss / Take Profit
Advance settings
Step 3: Execute the Copy Trading Order
Tick to Checkbox: Requires users to confirm they have read and agree to the Copytrading Service Agreement.
Initiates the copy trading process based on the settings by clicking on Copy Trade button.
Open Telegram to link your Telegram account with the Copin.io BOT to receive notifications every time a trader starts trading and the status of your copied trades.
Currently, Copin Analyzer supports Hybrid Copy Trading, enabling copy trading exclusively with BingX and Bitget Exchanges. If you're interested in fully on-chain copy trading, Copin's Decentralized Copy Trading Protocol (DCP) is currently in the testing phase, and you can apply for early access here.
Last updated