Bitmex, the OG Crypto Derivatives Exchange, today announced the launch of a new copy trading feature. This innovative tool allows users to automatically replicate transactions from top-performing professionals and simplify access to sophisticated trading strategies.
On the first platform on many platforms, Bitmex also introduces Reverse Copy Trading, a groundbreaking feature that allows users to strategically take the opposite position of their chosen leader. This dual feature provides unprecedented flexibility for traders to adapt and hedge market trends based on their own outlook.
The new features address common challenges for many traders. It lacks time and expertise to actively monitor the fast-paced derivatives market. By allowing users to automatically track the movements of experienced traders, or by allowing them to take the opposite approach through reverse copy trading, BitMex is enabling more viewers, from beginners to those with limited time, to access sophisticated trading.
“Since 2014, Bitmex has been some of the oldest and most skilled traders in the crypto sector. Copy trading allows us to democratize access to their expertise and enable our users to reflect their success.” “This feature simplifies the trading process, removes the burden of constant market surveillance, and provides a unique opportunity for the community to engage more effectively with crypto derivatives markets.”
How copy trading works on Bitmex:
Bitmex’s copy trading feature allows users to become “copy machines” and automatically replicate transactions from selected “copy readers”.
● Become a copy machine: Users can view and filter top traders known as copy readers on the Copy Trading Marketplace. Once a leader is selected, the user can allocate a certain amount of capital, and the system automatically reflects the transaction.
●Reverse copy transaction: Users can select the opposite position of the selected copy reader. This is a feature designed for people with a market view for strategic hedging or reversed.
●Full control: The user has complete control over risk by their ability to set personal risk parameters including outage losses and obtain profit levels.
●Amplified revenues for copy readers: Experienced traders can become copy readers, gain up to 50% profit share from copy machines, provide additional revenue streams, and build a reputation within the community.
Important benefits of copy trading on Bitmex:
●Top Traders of Access: Bitmex is home to the best traders since 2014. Reflect the strategies of the most profitable and experienced traders in the industry.
●Diversification of strategy: Copy up to five copy readers at the same time to build a robust and diverse trading arsenal.
●Trading Automation: Automates the trading process of crypto derivatives, the ideal solution for busy individuals and newcomers to the market.
●Fully customizable: Full control over the transaction capital and individual risk parameters for each copy transaction.
For more information, please visit this page to start copy trading with Bitmex.
About Bitmex
Bitmex is the OG Crypto Derivatives Exchange, providing professional crypto traders with a platform to meet their needs through low latency, deep crypto native liquidity and unparalleled reliability.
Since its inception, cryptocurrency has not been lost due to intrusions or hacks, allowing BitMex users to safely trade knowledge that their funds are safe. To have access to the products and tools they need to make a profit.
Bitmex was also one of the first exchanges to publish reservoir chain proofs and proof of debt data. The exchange continues to publish this data twice a week. It proves guarantees that the funds that are entrusted will be stored and separated safely.
For more information about Bitmex, visit the Bitmex blog or www.bitmex.com and follow Telegram, Twitter and its online community.
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