The Future of Crypto Trading: Bitunix Launches Copy Trading Feature
Dubai, United Arab Emirates, November 7th, 2024, Chainwire
Bitunix, a leading crypto derivatives exchange, made waves in the industry on November 1st with the launch of its innovative Copy Trading Feature. This groundbreaking tool revolutionizes the way new traders engage in futures trading by allowing them to mirror the strategies of experienced traders. In a bid to democratize crypto trading and make it accessible to all, Bitunix has introduced this user-friendly feature.
The Rise of Crypto Copy Trading
According to Dailycoin, crypto copy trading has gained immense popularity among retail investors as a gateway for newcomers to enter the market. Taking cognizance of this trend and after thorough analysis of user feedback and market dynamics, Bitunix has unveiled its advanced version of the Copy Trading Feature.
This cutting-edge tool empowers users to follow seasoned traders, automatically executing their trades in the user’s account, thereby simplifying the trading process for beginners. The benefits are mutual—traders garner followers and a share of potential profits, while users can make informed decisions by assessing transparent performance metrics like ROI, win rate, and trade size before selecting traders to follow. Additionally, traders without followers can broadcast their trading signals to attract users.
Key Highlights of Bitunix’s Copy Trading Feature
- One-Click Copy Trading: Effortlessly replicate trusted traders’ strategies with a single click for seamless automated trading.
- Real-Time Data and Transparency: Access real-time historical profit data of all traders to make informed choices based on transparent information.
- Personalized Copy Trading: Customize trading amounts, take profit, and stop-loss settings to align with individual risk preferences.
- Become a Lead Trader: Experienced traders can become lead traders, sharing strategies and earning a percentage of followers’ potential profits.
- Avatar Selection: Choose from a range of system-provided avatars for personalization.
Investment Limits and Profit-Sharing Details
Bitunix Copy Trading imposes limits on user investments and profit-sharing fees with copied traders:
- Fixed Amount Mode: Users can invest between $10 and $1,000.
- Proportion Mode: Users can invest from $100 to $100,000.
When users profit from copied trades, up to 10% of those earnings are shared with the trader as a profit-sharing fee. Bitunix reserves the right to adjust this percentage based on trader performance. Currently, each trader can have up to 100 followers, with plans to increase this limit as trader levels progress.
Monitoring Copy Trades
The “My Copy Trading” module provides users with comprehensive insights into their active and completed copy trades, including amounts, margin balances, and profit/loss. Users can monitor unlimited ongoing trades in real time, with the ability to manage up to 10 copy trading accounts. This feature offers visibility into trading positions, profit status, and past trade records for review.
Identifying Top-Performing Traders
Bitunix organizes the trader list to highlight top performers based on key metrics like profit and loss, return on investment, win rate, and trade volume. Users can leverage this structured approach to select traders that align with their investment objectives. Additionally, a search function allows users to find specific traders on the list, offering flexibility and choice in their copy trading journey.
How to Engage in Bitunix Copy Trading
Participating in Bitunix’s Copy Trading feature is a straightforward process:
- Copy Trading Users: Log in to the Bitunix platform, access the “Copy Trading” panel, choose a lead trader, customize trading parameters, and initiate automated trading.
- Lead Traders: Experienced traders can apply to become lead traders, sharing strategies and potentially earning through follower engagement.
Bitunix’s recent introduction of multi-window trading further enhances the user experience, aligning with the platform’s commitment to providing a feature-rich trading environment.
For detailed instructions on participating in Bitunix Copy Trading, users can refer to the tutorial on the official website.
About Bitunix
Established in 2021, Bitunix is a global cryptocurrency derivatives exchange dedicated to delivering simple, secure, transparent, and cost-effective trading services. Specializing in spot trading and perpetual futures, Bitunix offers over 250 trading pairs with leverage of up to 125x.
With features like top-tier liquidity, round-the-clock customer support, and a steadfast focus on regulatory compliance, Bitunix stands out as a reliable trading platform for the global crypto community. Boasting a user base exceeding 1,000,000 from 100+ countries, Bitunix facilitates a daily trading volume surpassing $1 billion.
For more information, visit Bitunix’s Website, Telegram, LinkedIn, or contact COO KX WU at kx.wu@bitunix.io.