Binance launches private portfolios for spot copy trading

Binance is pleased to announce the launch of Private Portfolios for Spot Copy Trading, available on both the web and the Binance app. Lead Traders from eligible regions can now create Private Portfolios and share them with selected Copy Traders through a unique link and code. This allows Lead Traders to have greater control over who interacts with their Copy Trading portfolios.

How copy trading works on Binance:

Copy Traders can select the Lead Traders they wish to copy, enabling them to learn various strategies and benefit from the trading experience of more seasoned traders.

There are two types of Copy Trading modes: Fixed Amount and Fixed Ratio. These options provide users the flexibility to determine how they want their trades to be executed.

Copy Traders can review the performance metrics (e.g., ROI, PnL) of each Lead Trader's portfolio before copying the strategies of Lead Traders that match their risk tolerance profile.

Lead traders also benefit, as they will receive a share of the profits from their copy traders, commissions from their copy traders' trading fees, and exclusive benefits.

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