OKX announced today that it will undergo a major upgrade to its copy-trading feature, launching a new intelligent copy-trading mode that allows users to easily engage in copy-trading transactions.
In the field of cryptocurrency, copy-trading is a popular trading strategy that allows investors to replicate the actions of successful traders in order to achieve similar investment returns. Nowadays, many trading platforms offer copy-trading functions to meet the regular needs of users.
As the trading platform with the most comprehensive copy-trading functions and the most complete copy-trading ecosystem in the current market, OKX announced on March 4th a major upgrade to its copy-trading feature, aiming to provide users with a more intelligent trading experience. The core of this upgrade is the launch of a new intelligent copy-trading mode, which allows users to easily engage in copy-trading transactions.
Intelligent copy-trading is a more efficient and convenient new mode of OKX’s contract copy-trading product. As is well known, OKX’s contract copy-trading feature provides the most user-friendly, simple, and transparent experience for contract traders and copy-traders, maximizing the profits and win-win situation for both parties. Users can engage in contract trading by following professional traders without the need for manual opening or closing of positions, or constant monitoring.
The introduction of the intelligent copy-trading mode is intended to lower the threshold for users to engage in contract copy-trading. Specifically, the intelligent copy-trading mode is a new copy-trading mode that automatically calculates the investment amount based on the proportion of funds used by the trader and sets the order parameters. When users follow the opening of positions, the platform calculates the order amount for copy-traders based on the proportion of the trader’s margin and account equity, and copies the trader’s order parameters.
For example, if a trader’s account equity is 10,000 USDT and they invest 1,000 USDT with 5x leverage for a long position in BTCUSDT perpetual contract, the investment ratio would be 10%. If a copy-trader invests 1,000 USDT, the platform will automatically invest 100 USDT (1,000 USDT × 10%) as the copy-trading position cost for a long position with 5x leverage in BTCUSDT perpetual contract.
Currently, intelligent copy-trading supports setting the investment amount for one-click copy-trading, without the need to set complex parameters. The position risk and return are managed by the trader, allowing users to easily and efficiently achieve copy-trading profits. This mode is simpler compared to the previous custom copy-trading mode, requiring only two steps to start the journey of making money. After selecting a desired professional trader, investors only need to set the investment amount (minimum 100 USDT) and click the “Copy Now” button to easily complete the copy-trading setup. This innovative design significantly reduces the threshold for contract copy-trading, allowing even beginners who are unfamiliar with copy-trading parameters to easily achieve one-click copy-trading and stable returns.
In summary, the main advantages of intelligent copy-trading are as follows:
1. One-click copy-trading: Users only need to enter the investment amount to engage in copy-trading, without the need to set other complex parameters, truly achieving convenient and efficient copy-trading.
2. Intelligent investment and synchronized risk control: Orders are placed proportionally based on the funds invested by the trader, maintaining consistent leverage and margin modes between the trader and the copy-trader, allowing traders to better assist copy-traders in risk control and profit management.
3. Isolated positions: The positions of manual trading and copy-trading are separated, reducing the impact of copy-trading on manual trading.
4. Isolated funds: Funds are dedicated and used exclusively, reducing the risk of excessive leverage caused by following multiple traders with the same funds.
Furthermore, OKX’s copy-trading user center has undergone a new upgrade, adding copy-trading details and earnings details sections, providing users with more intuitive display of trading data and earnings structure. Users can easily view detailed trading data for each copy-traded trader and understand their own earnings composition. This upgrade aims to enhance the user experience, making it more convenient for users to manage and analyze their trading data.
“The launch of the intelligent copy-trading mode once again proves our leading position in the field of automated trading. Through this innovation, we can provide users with an easier and more secure copy-trading experience. The new feature simplifies the operation process while strengthening risk management, meeting the personalized needs and risk preferences of different users. This upgrade is a significant improvement to the existing copy-trading ecosystem, allowing more users to enjoy safe and efficient copy-trading services,” added the responsible person for OKX related products.
After explaining the core functions and advantages of OKX’s intelligent copy-trading mode, let’s move on to the main point of this article! As a user, how can you establish an intelligent copy-trading mode? Here is a simple guide for reference:
Step 1: Browse or search for a trader of interest. On the trader’s profile page, click the “Copy Now” button to enter the copy-trading setup.
Step 2: Choose the copy-trading mode: Intelligent Copy-Trading.
Step 3: Set the copy-trading parameters:
– Investment amount (USDT) (required): The total investment amount dedicated to following the trader (minimum 100 USDT), which will be isolated in the trading account.
– Immediate position replication after copy-trading: When enabled, if the trader currently holds positions, they will be immediately replicated at market price based on the proportional allocation of funds. When disabled, the trader’s current positions will not be copied, and copy-trading will wait for the trader’s next order.
– Copy-trading stop-loss: The maximum acceptable loss amount for copy-trading. When the set stop-loss amount is reached, the system will automatically cancel the copy-trading and handle the remaining positions according to your settings.
Step 4: Click the “Copy Now” button and confirm that the copy-trading information is correct to successfully engage in copy-trading.
After the establishment of the copy-trading relationship, users can choose to enter the copy-trading homepage and click “My Copy-Trading” to view the copy-trading earnings and other details of each copy-traded trader. They can also choose to click “Manage” in the “Copy-Trading Details” section to enter the copy-trading setup page, adjust the investment amount, modify the copy-trading stop-loss settings, or cancel following the trader.
Currently, OKX’s copy-trading modes are the most comprehensive in the market. Users can choose the intelligent copy-trading mode based on their investment preferences, or use the familiar custom copy-trading mode. Unlike the intelligent copy-trading mode, the custom copy-trading mode allows users to choose either a fixed amount or a proportional amount for copy-trading, giving them control over risk and return and maximizing capital utilization.
In fact, regardless of the type of copy-trading product, the essence is to help more investors maximize their profits. OKX, as a technology-driven trading platform that always puts users first, understands this principle deeply. The team has always adhered to the product development philosophy of simplifying complexity, designing products that are easy for users to use while ensuring the security of their assets.
“The number of new users using the copy-trading feature is increasing, and while OKX insists on innovation, the platform also prioritizes the security of users’ funds. We have insisted on increasing the transparency of Proof of Reserves (POR) to the level of traditional financial audits, continuously leading the industry in terms of safety and transparency. We aim to make users worry-free and feel at ease,” said the responsible person.
Disclaimer: This article is a sponsored content provided by OKX. The provider is not affiliated with OKX, and this article does not represent the position of OKX. The article does not intend to provide any investment, asset advice, or legal opinions and should not be considered as an offer to buy, sell, or hold assets. Any services, programs, or tools mentioned in the sponsored content are for reference only, and the actual content or rules will be subject to the announcements or explanations provided by the provider. OKX shall not be responsible for any potential risks or losses. Readers are reminded to conduct their own careful verification before making any decisions or actions.
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