What is Copy Trading in Spot?
Binance's Spot Copy Trading allows any user to copy the live portfolios of the top traders available on the platform. As a copy trader, your positions will automatically follow the positions of the top traders in real-time, enabling you to gain insights into their strategies, market assessment, and decision-making.
Manage the balance in your account to execute Spot Copy Trading
To ensure the continuous operation of the Spot Copy Trading strategy, the copy trader must enter the amount they wish to use for the portfolio they are copying, and the funds will be transferred from their Spot account to the Spot Copy Trading account. This prevents assets from being withdrawn, transferred, or used for other trading operations during the Copy Trading process. It is not possible to withdraw assets directly from the Spot Copy Trading account. Once the copy operation is complete, the assets will be transferred back to your Spot account for withdrawal. Copy traders can also add or remove assets from the live portfolio and review the relevant transfers on the platform's history page.
