What Is Copy Trading?
Beginner
2024-08-20
Copy trading allows users to see how a professional trader will use trading strategies in real-time markets, with the additional opportunity to replicate their trading positions.
How Does Copy Trading Work?
Copy trading is a trading method where a professional trader can use their expertise in trading and their followers can directly copy them. Copy trading is a fantastic way to promote a win-win profit situation for both parties. Followers can directly copy the trader's strategy, saving time on opening, closing, and monitoring trades. Traders can earn additional profit-sharing income through this function, as well as gain promotion from the platform's global fans.
Is Copy Trading Profitable?
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For Pro Traders: Pro Traders can achieve contract profit through copy trading while earning additional profit-sharing. Moreover, Toobit will widely promote and expose outstanding traders on social media channels to help gain global fans.
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For Followers: Followers can easily enjoy high returns by copying professional traders' market strategies on the contract copy trading page. Data such as copy trading profits, historical records and position gains and losses are publicly disclosed and real-time on the page, ensuring that every transaction can be tracked and managed for effortless profiting.
How To Start Copy Trading?
Every user on Toobit can use copy trading freely on our platform. To learn more about Copy Trading, check out our FAQ about Copy Trading, guide on How To Be A Pro Trader, and guide on Copy Trading as a Follower.
If you think you have what it takes, apply to be a Pro Trader today and get exclusive benefits. If you'd prefer to sit back and observe first, feel free to be a Follower and choose the best Pro Trader that impresses you the most. Either way, we hope that you enjoy the process of copy trading here on Toobit.
Interested in more? Check out our analysis articles on Toobit Academy where we dive in deep with crypto, blockchain, DeFI topics and more!