Bitunix Responds to Pro Trader Demand with New Copy Trading Feature

Dubai, United Arab Emirates, November 7th, 2024, Chainwire Bitunix exchange announced on November 1st that it has launched its Copy Trading Feature.

Bitunix, a cryptocurrency exchange, has announced the launch of its Copy Trading Feature on November 1st. This tool is designed to help new traders get started in futures trading by copying the trades of experienced traders.

According to Dailycoin, crypto copy trading has become increasingly popular among retail investors, especially for newcomers looking to enter the market. Taking this into account, and based on user feedback and analysis of market trends, Bitunix has developed an advanced version of the Copy Trading Feature.

This new tool from Bitunix allows users to follow experienced traders and automatically replicate their trades in the user’s account, simplifying trading for newcomers. Both users and traders benefit from this feature—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

Here are some of the key highlights that can be noted regarding the Bitunix Copy Trading Feature:

How Much Can a User Invest and What is the Profit-Sharing Fee with the Copied Trader?

Bitunix Copy Trading does have its limits on how much a user can invest, and here’s how it works:

In Copy Trading, when a user earns from trades they’ve copied, up to 10% of those earnings go to the trader as a profit-sharing fee. This percentage may be adjusted by Bitunix in the future based on trader experience or performance. Currently, each trader can have up to 100 followers, with plans to increase this limit as trader levels evolve.

How Can Users Monitor Their Copy Trades?

The “My Copy Trading” module gives users detailed insights into both active and completed copy trades, including amounts, margin balances, and profit/loss. Users can monitor unlimited ongoing trades in real time (with up to 10 copy trading accounts). It also provides access to the trading positions, profit status, and past records of completed trades for review.

How Can Users Detect Top-Performing Traders to Copy?

The trader list is organized to help users find top-performing traders, with rankings based on key metrics like profit and loss, return on investment, win rate, and trade volume. This structured approach makes it easier for users to select traders that best fit their investment goals.

Additionally, users can use a search function to locate specific traders within the list. For those seeking different results, the platform offers flexibility. Users can stop following a trader or choose to follow a new one if they’re not satisfied with their current copy trading outcomes.

How to Participate in Bitunix Copy Trading

Bitunix’s Copy Trading feature simplifies trading in the fast-paced cryptocurrency market, offering an easier start for new traders compared to manual trading. Here's how to participate:

Bitunix has also recently introduced its multi-window trading feature, aligning with its mission to provide a convenient and feature-rich trading environment.

For detailed steps on how to participate in Bitunix Copy Trading, users can visit this tutorial on their website.

About Bitunix

Bitunix is a global cryptocurrency derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Bitunix specializes in both spot trading and perpetual futures, with over 250 trading pairs and leverage of up to 125x.

With features such as top-tier liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of providing a reliable trading experience for the global crypto community. Bitunix has attracted more than 1,000,000 users from over 100 countries, facilitating a daily trading volume exceeding $1 billion on its platform.

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