Bitunix Responds to Pro Trader Demand With New Copy Trading Feature

November 7, 2024 – Dubai, United Arab Emirates

The Bitunix exchange announced on November 1, 2024, that it had launched its copy trading feature.

With this tool, Bitunix enables new traders to take their first steps in futures trading by copying experienced traders.

The fastest-growing crypto derivatives exchange with this move aims to make involvement in crypto trading as easy as possible for everybody.

According to Dailycoin, crypto copy trading has rapidly grown in popularity among retail investors, offering a way for newcomers to enter the market.

Considering that, and based on user feedback and analysis of market trends, Bitunix came up with their advanced version of its copy trading feature.

This new tool lets users follow experienced traders, automatically replicating their trades in the user’s account, which simplifies trading for newcomers.

Both users and traders benefit – traders gain followers and a share of potential earnings, while users can view transparent performance metrics – such as ROI, win rate and trade size – to choose traders wisely.

Traders without followers can also publish trading signals to attract users.

Key highlights of Bitunix’s copy trading feature

Some of the things that can be highlighted regarding the Bitunix copy trading feature include the following.

• One-click copy trading – Users can follow a trusted trader’s strategies with a single click, enabling automated trading for both beginners and pros.
• Real-time data and transparency – All traders’ historical profit data is available in real-time, helping users make informed choices with clear, transparent information.
• Personalized copy trading – Users can customize copy trading amounts, take profit and stop-loss settings to match their risk preferences.
• Become a lead trader – Experienced traders can become lead traders, sharing strategies and earning a percentage of followers’ potential earnings.
• Avatar selection – Traders can choose from a set of system-provided avatars (custom avatars not supported).

How much can a user invest and what is the profit-sharing fee with the copied trader

Bitunix copy trading has its limits on how much a user can invest. Here’s how it works.

• Fixed amount mode – A user can invest anywhere from $10 to $1,000.
• Proportion mode – A user can invest between $100 and $100,000.

In copy trading, when a user earns from trades they’ve copied, up to 10% of those earnings go to the trader as a…