Key facts:
Users can choose from various expert traders to copy their strategies.
For greater transparency, trading data for each trader is publicly available.
If you are starting in the world of trading and cryptocurrencies, you have surely noticed that, in order to obtain significant profits and reduce the risk of losses, having knowledge is essential. Luckily, there are platforms that are very helpful. One of them is MoonXBT, an exchange that included copy trading with bitcoin and tokens as one of its financial services.
The advantage of copy trading is that you do not need to be an expert to invest, you will be able to have a higher return and reduce the risk. It is a technique which consists in imitating the strategies of experienced traders, that is, open and close orders as they do. You will be able to operate with proven methods that have given good results to others. At MoonXBT it is now possible to trade bitcoin, so forget about spending too much time in front of the screen analyzing the markets.
MoonXBT makes it extremely easy to trade and make high potential profits. It offers low entry leverage and you can open a position with just 1 USDT and earn 150x more. It also provides high liquidity and orders can be filled within a millisecond. The transaction fee is as low as 0.05%.
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The benefits of bitcoin copy trading on MoonXBT
With the function of MoonXBT copy trading you can choose from a wide variety of professional traders to replicate your orders, selecting the strategy that best suits you. It is possible to modify trading settings and open or close positions at any time. Thus, you will have a high level trading strategy while making modifications to maximize your profits.
On the other hand, to increase your chances of success, it is possible to follow several traders at the same time. When searching for a trader, you have filters to limit your search according to parameters such as style, leverage, trading days, margin and term.
By entering the copy trading section of the exchange, you will see the most relevant data of the traders, including total transactions, 30-day win percentage, history, positions, followers, and ROR (rate of return). In this way, you will make trading decisions based on reliable information.
One of the advantages of copy trading bitcoin on MoonXBT is that all traders who provide their service on the platform go through a thorough audit. Thus, the exchange makes sure that they meet all the requirements of the company. The copy trading feature is available on the MoonXBT website and app.
Become a trader at MoonXBT
Not only users benefit from copy trading, but also traders, that is, those who provide their services to be imitated. Traders have the right to choose the profit distribution ratio between 1 and 10%, which encourages free competition. The more users copy them, the higher your earnings.
In the order management office, traders can check their number of followers and order entry at any time. Also, they are allowed to freely set some specific trading pairs. At 12:00 am each day, the platform automatically calculates the total P&L of the traders and they receive the corresponding earnings.
How to copy trade on MoonXBT
With MoonXBT it is very simple to copy trade. In just five steps you can activate the function. To do this, you must click on the section of copy trading to access the list of traders, and then scroll through the list until you find the ideal trader for you.
You can enter the merchant information box to directly view data such as merchant orders, transaction style, transaction products, profit distribution ratio, transaction data, order data and commercial copy data.
Lastly, in the section Copy there is the settings page for copy trading operations. Here you can choose the trade pair to follow and set the amount you want to copy for each trade pair.
Once the settings are complete, click Yesfollow to confirm the operation and then in Okay. After you go through the process to follow a trader, you will automatically copy their strategies.
To learn more about the MoonXBT exchange and each of its services, go to its Web page and social networks: Telegram, Facebook, Twitter, Instagram Y Youtube.
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