What is Copy Trading?
Copy trading means that you automatically copy the trades of a professional trader.
In other words:
You do not trade by yourself.
You select an expert trader on Binance and link your account to them.
Every trade opened by the trader is executed exactly the same in your account in proportion to the amount you invested.
How does copy trading work on Binance?
The professional trader (Leader Trader)
is the person who opens and closes trades themselves.
The investor (Copy Trader or Follower)
is the one who chooses the expert trader to automatically copy their trades.
When the professional trader opens a trade (for example, buying BTC/USDT),
the same trade is opened in your account based on the capital you allocated to it.
Once confirmed, the Binance platform starts copying trades automatically.
Any new trade opened by the trader is executed in your account directly.
The professional trader receives a percentage of your profits.
Profits and losses appear in your account in the "Copy Trading" section.
#Copytrading #Binance