Binance Launched Copy Trading Feature for Futures Products

Binance Launched Copy Trading Feature for Futures Products
Source: Binance

Binance introduced copy trading feature for futures products in selected markets. This feature allows users to follow and replicate the strategies and portfolios of experienced or "lead" traders. It allows users to become lead and copy traders simultaneously.

Binance copy trading offers two different modes to cater to users's preferences. The first mode is "fixed amount", which allows copy traders to specify a set amount they wish to allocate for copy trades. The second mode is "fixed ratio", which enables users to follow lead traders' strategies based on their account balance.

Lead traders can earn a 10% profit share and receive a 10% trading commission rebate from copy traders who replicate their trades. Additionally, lead traders can share their trading strategies and techniques on Binance Feed.

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Source

Binance

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