BingX introduces Copy Trading to the spot crypto market
“Our extension of the copy trading spectrum to spot trading is in alignment with our commitment to innovation and user-centric solutions. This time, we are further bridging the gap between experienced traders and users, fostering a collaborative trading environment.”
BingX has made a significant leap in enhancing user engagement and bolstering its trading strategy ecosystem with the introduction of Copy Trading to the spot market.
This feature empowers BingX users by allowing them to replicate spot orders from seasoned traders, offering a convenient and efficient way to participate in spot trading.
Mimic strategies and actions of experienced and successful traders
Copy Trading in the cryptocurrency market is a practice where investors can automatically mimic the trading strategies and actions of experienced and successful traders. This approach has gained popularity because it enables less experienced traders to benefit from the expertise of more knowledgeable traders without the need to actively manage their own trades. Previously, BingX had offered copy trading services exclusively for futures trading.
Spot Copy Trading on BingX operates in real-time, enabling users to effortlessly follow these spot orders, including popular trading pairs like BTC/USDT and ETH/USDT.
Users have the ability to view the profiles of traders, select a trader that aligns with their preferences based on their profit and loss history, ranking, and trading portfolio, and then observe the trades being executed, potentially leading to profitable outcomes. This streamlined process ensures accessibility for traders of all levels to engage in spot trading with precision and ease.
Invitation to proficient spot traders from around the world
As a pioneer in the field of crypto copy trading, BingX has amassed a community of more than 8,000 professional traders with approximately 4 million followers, resulting in the execution of an impressive 130 million copy trading orders.
The BingX Elite Copy Traders Program, open to all traders, extends an invitation to proficient spot traders from around the world to join the BingX community, thereby establishing a thriving ecosystem of copy trading.
Elvsico Carrington, PR and Communications Director at BingX, said: “Our extension of the copy trading spectrum to spot trading is in alignment with our commitment to innovation and user-centric solutions. This time, we are further bridging the gap between experienced traders and users, fostering a collaborative trading environment. By introducing spot copy trading, BingX has once again reaffirmed its dedication to providing users with more offerings that foster success, growth, and community-driven trading practices.”
BingX offers a wide range of services including spot, derivatives, copy, and grid trading to users in over 100 countries.
