What is Copy Trading?

[coinmatics]

Copy Trading is an instrument for trading, which is based on copying deals of experienced successful traders.

If their actions lead to success, you can replicate them and make a profit as well, with no specific knowledge and experience. This, in short, is the main principle of Copy Trading.

The strategy, which originated at the fund markets, has become popular in the sphere of cryptocurrencies. Crypto markets have been actively developing along with the technologies, which provides the participants of those markets with convenient and efficient tools.

The use of Copy Trading platforms with the possibility to subscribe to multiple leading traders has become a trend of nowadays cryptocurrency trades.

Coinmatics provides such a platform.

In the Trader Portfolio section of our website, Coinmatics.io, you can observe objective statistics on different traders and select the most successful of them to subscribe to and monitor their actions.

Thanks to the subscription, one can not only gain profit by mirroring deals but also enhance trading skills by analyzing the copying actions.

Thus, whereas previously, investors had to gather and analyze information manually, the full and transparent data on traders is there for you instead now. And even more, as soon as you subscribe, the notifications will start pop up in your Telegram account, each time a deal is executed.

Thanks to the feature, you can stay on top of cryptocurrencies and make a profit, saving your time. All you need to do is to visit Coinmatics.io, open Trader Portfolio, choose a trader, and sign up for the signals. The subscription can be either free or charged, which is up to a trader.

If you are an experienced trader, it’s beneficial to add your portfolio to the platform, show good stats, and start receiving an additional profit from subscriptions.

If your actions are frequently profitable, you get to the top of the rating, which grants you more subscribers, and therefore increases your passive income.

Beginners can earn money by copying more proficient players, who in turn can gain an additional income from subscriptions, while the platform receives a share for service provision. Thus, Copy Trading is a win-win-win-system, which is reasonable for everyone to join to.

[mnixxo.crypto]

It is nothing for me, because I trade by myself and I dont need to copy someone's trade. But I know that such trading exist. NAGA have the copy trading, too.

[coinmatics]

It is nothing for me, because I trade by myself and I dont need to copy someone's trade. But I know that such trading exist. NAGA have the copy trading, too.

Ok, you can not copy anyone once you trade yourself, however, if you have good results then you should try our service and earn extra money from subscribers who will follow your transactions:)

[NC-Soul]

Copy trading is good if we or anyone can copy the right strategy, but the problem could be we can't copy the excat trades and the exact execution of a trader that we are copying it all depends especially in a quick pump and dump . So , I do think copy trade is good but its not a good trading advice .

[coinmatics]

your opinion has a place to be, however, it is possible to implement it on the Binance exchange and find successful traders is also a very feasible task.
Taking risks or not is another matter:)

[Cryp_keen]

Well copying trades can work for some. We can learn from them for sure. But every trader has different needs according to me and so strategies also have to be different and unique.

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[moonuranus]

Copy trading sounds good for those who are unlucky to make a trade, or just not gifted to trade,
But before copying someones trade be sure to check his status on how much success percentage does he have in trading.
I know there's a lot of good trader sharing their trade to be copied and some good platform to make it easy to copy their trade.