How to Invest Safely in Copy Trading on Binance

Introduction

Copy Trading is a way to earn from trading without active participation. But even here, it is important to follow safety rules.

Basic Safety Principles

1. Do not invest more than you can afford to lose.

2. Diversify: Choose several traders with different strategies.

3. Use loss limits: Set stop-loss orders.

4. Analyze traders: Do not choose them solely based on high profitability.

5. Regularly review your portfolio: Change traders as needed.

How does Binance ensure safety?

• The platform offers transparent trader profiles with complete statistics.

• Your funds remain in your account.

• You can stop copying at any time.$XRP