Home Crypto BingX expands copy trading to the spot market

BingX expands copy trading to the spot market


SINGAPORE, Aug. 31, 2023 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, unveils its latest stride in elevating user engagement and strengthening its trading strategy ecosystem – the introduction of Copy Trading to the spot market. This new feature allows BingX users the opportunity to copy spot orders of seasoned traders. It is a convenient way to trade spot.

Copy trading is the practice of copying the strategies and actions used by successful traders and experienced investors in the cryptocurrency markets. It has gained in popularity because it allows traders with less experience to take advantage of the knowledge and expertise of experienced traders without having actively manage their trades. BingX previously offered only futures trading copy trading.

Spot Copy Trading operates on traders’ real-time spot orders, allowing users to follow these orders effortlessly, including popular trading pairs like BTC/USDT and ETH/USDT. Users can view the traders’ profiles, choose a trader that suits their preferences based on their profit and loss, ranking and trading portfolio, and then observe the trades being executed to potentially gain profits. This simplified…

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