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CoinEx Product Tutorial | How to Engage in Copy Trading on CoinEx to Seize Market Opportunities Timely

2024-08-15 06:26:35

Global cryptocurrency trading platform CoinEx has officially launched the futures copy trading feature. This function not only allows ordinary users to employ the same trading tools as their preferred traders through copy trading but also helps traders connect with experienced peers and learn their secrets to success. Any CoinEx user can choose a trader to follow and automatically replicate that trader's trading operations.

Copy trading offers investors returns through an automated mechanism. New traders can improve their chances of profitability by following professional traders, while traders can earn income through the commission from their followers.

CoinEx futures copy trading has the following advantages:

1. Helps new traders understand the cryptocurrency market and boosts their trading confidence;

2. By observing the trading behaviors of others, especially experienced traders, new traders can learn how to trade effectively;

3. Enables participation in cryptocurrency market trading even without ample time for investment analysis;

4. Provides a communication platform for traders, allowing professional traders and beginners to share investment strategies and improve their respective trading outcomes.

So, how can you engage in copy trading on CoinEx to enhance investment efficiency and timely seize market opportunities? This article will provide a detailed explanation.

I. Find Traders Based on Preferences

1. Visit CoinEx official website (https://www.coinex.com), log in to your account, and select [Copy Trading] under [Futures] in the top-left corner.

Click to Copy Trading

2. On the Copy Trading Homepage, you can search for lead traders by their name or browse the available traders. Click [Copy] to start their copy trading.

Click [Copy]

II. Set Relevant Parameters

1. Set copy trading parameters

how to set copy trading parameters and their definition on CoinEx

2. After setting the parameters and agreeing to the service agreement, click [Copy Now]. Confirm the copy trading setup and the copy amount will be transferred from your spot wallet to the copy sub-account.

Copy trading setup

3. During the active copy trading period, the system will automatically replicate new trades made by the trader as market orders. Existing positions held by the trader will not be copied.

Note: During copy trading, the lead trader might add a margin, which can increase your position risk. Please monitor your copy trading project and position status regularly.

III. Viewing Copy Trading Projects

1. View My Copy Trades: Click [My Copy Trades] on the homepage to view current and completed copy trading data.

View My Copy Trades

2. Current Copy Orders: You can modify copy settings, including adding more funds or adjusting parameters.

Current Copy Orders

3. End Copy Trading: If there are any current positions, the system will use market orders to close them immediately. After closing the positions, the profit-sharing amount will be settled, and the remaining assets will be transferred back to your spot account.

End Copy Trading


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