BuyCrypt’s Copy trading is one of BuyCrypt‘s features, which allows you to copy trade a top trader
In simple words — you can have zero knowledge and skills, but earn as much as professional traders
How to create Binance API and connect it with BuyCrypt?
For the subscription user pays a percent of profit to the trader. Right now the fee is 30%
You can try copy trading absolutely for free during the tournament — just subscribe to any of traders from the tournament table
In the tab My Profile you will see the sum that you earned with top trader and the bill for the commission for trading with the Copy Trading
From the moment of invoicing until the moment of confirmation the commission payment, copy-trading turns into a format of supporting the already existing signals (New signals will not be executed)
For the period of trading using the signals of the top trader Soft Block is activated for a new positions opening on the currencies which are used for signal trading
Copy-trading is available for Futures trading and only for selected pairs with a leverage of no less than x20
How do I activate my futures account?
The copy trading is anonymous. Top trader will not know who and with what balance copies their trades
«Soft block» is blocking trades with currencies which are used for copy-trading
At attempt to open a position or an order the user will see a warning window, which informs him that his actions will change the result of copytrading and affect it’s logic
After confirming that the user understands all risks of trading together with the active copytrading, he will be able to trade with that API key. However, we do not recommend to remove the soft block
Remember that you always on charge of your finances. We don’t give investment or financial advice. All the information and features is just to help you trade better. Be careful, dyor, hedge, profit and don’t forget about risk-management. On our blog you can find many articles that might help you understand crypto trading better. Good luck!