The crypto market has become more and more popular in recent years, from which many traders have made huge profits. However, traders who are busy or just entering the crypto market usually have no time or no experience to trade. Therefore, Bexplus has launched Copy Trading to make it easier for novice or amateur traders to make money and learn the trading skills from the successful traders. In the meantime, it provides a channel for excellent traders to show themselves and gain extra income.
What is Copy Trading?
Copy trading is essentially a type of automated trading where you can automatically copy other traders. It means that as your following traders earn in their trading, you will do the same.
Advantages of Copy Trading
For New Traders: You can start your trading journey not needing to know everything about the crypto market. You have excellent traders who are skilled to trade for you. This is ideal for all traders but particularly if you are a newer trader. During this process, you are also able to learn excellent trading strategies from other experienced traders.
For Busy Traders: Copy trading is efficient in that it does not take up a lot of your time. It’s perfect if you are too busy to monitor each and every market move yourself. Meanwhile, you can increase your profitability by choosing your best investment strategy from diversified portfolios constructed by superior traders.
Advantages of Copy Trading on Bexplus
- Safe and Reliable
The Copy Trading on Bexplus is safe and reliable, deserving the trust of the followers. All traders in Bexplus’s Copy Trading have been strictly reviewed by Bexplus. Their historical transactions data are visible, traceable and transparent. Also, the traders’ data come from Bexplus’s real market, which is authentic and timeless.
- Take Profits Easily and Freely
Maybe you have manually followed good traders before, but not every order can be kept up in time. However, you don’t need to worry about it after joining Bexplus’ copy trading. In Bexplus, you will automatically synchronize the opening/closing actions of the traders you follow after choosing to follow an order. Instead of observing and researching the market painstakingly, you are able to just follow the excellent strategists in the industry and then enjoy high returns easily.
During the process of copy trading, you can also freely set the copy modes, including the copy-trade volume, ratio, as well as the take-profit and stop-loss point to control the risk. At the same time, you have the right to suspend, resume or terminate the order at any time, too.
- Enjoy High Commissions
Traders in Bexplus’ Copy Trading can get up to 10% of the followers’ profit.
What to Pay Attention to Before Copy Trading?
- Observe the Traders’ Style and Strategies
Before copying a trader, it is very important to observe the performance of the traders. There are many excellent traders in Bexplus’s copy-trade system, and you can see all their trading data such as the profit and loss ratio of each order/all orders, the total number of orders, the accumulated followers and so on. You are supposed to compare them and choose the trader that suits you best before copy trading.
- Risk Control
Risk management should always be a key consideration. Even if Bexplus will provide detailed trading data for each trader to show whether the trader is at risk, you still need to judge it on the basis of your actual situation and estimate the trading risk by yourself. When starting your first copy trading, it is recommended to try it with a small amount of money.
Start Copy Trading with Three Easy Steps
Step 1: Register a Bexplus real trade account.
Step 2: Click the “Copy Trade” button to open the copy trading page.
Step 3: Compare and choose the trader that suits you best, click the “+Follow” button, set your copy modes and click “Confirm”, after which you can wait to follow the order.
Know More about Bexplus
Bexplus is a leading crypto derivatives trading platform offering 100x leverage futures trading on various trading pairs: BTC, ETH, ADA, DOGE, XRP, etc. Bexplus is popular among over one million traders from over 200 countries/regions. In addition, it is safe for being accredited by MSB (Money Services Business). Furthermore, It boasts of the following features:
- 1:100 leverage is offered to maximize trading profits.
- 100% bonus for every deposit.
- A Bitcoin wallet with an annualized interest rate of up to 21%
- Make profits easily with Copy Trading.
- No KYC requirement, registration with Email verification within a few minutes.
- Demo account with 10 BTC for traders to get familiar with leverage trading.
- Intuitive and full-featured App on Apple App Store and Google Play.
- 7/24 hours one-to-one service to solve your problems at any time.
- Fast withdrawal without any time limit, and no deposit fee.
Click here to register and get a 100% bonus! Choose a superior trader that suits you for copy trading and make profits easily!