1. What are the advantages of BitMart Copy Trading?
Safe and Reliable
- All master traders undergo rigorous screening by BitMart. Their historical trades are fully transparent and publicly accessible, allowing you to choose from hundreds of top-quality traders.
- Data from master traders is based on live trades on BitMart, ensuring it is accurate, timely, and transparent. Both trade and copy trading records are traceable, giving followers confidence in their decisions.
Effortless Earning
- Follow multiple master traders simultaneously to maximize your profits. Once you start, all opening and closing actions of the master trader are automatically mirrored, eliminating the need for constant market monitoring or analysis. Simply follow top traders to enjoy high returns effortlessly.
- Profits from each copy trade are displayed clearly, with real-time updates on earnings.
- You can adjust the copy trading amount, mode, or contracts at any time, and you also have the flexibility to stop copying or close positions to lock in profits, keeping you in control.
Slippage Protection
- The system includes a default 0.5% slippage protection mechanism to ensure the follower's position price closely matches the master trader's price, unaffected by market fluctuations.
- If slippage exceeds 0.5%, the system will pause the copy trade to protect the follower's interests.
2. How do I start copy trading?
- Select the master trader you want to follow on the copy trading page and click Follow.
- Transfer assets to your copy trading account.
- Enter the copy trading amount and adjust the configurable options.
- Submit and confirm your following request.
- Once the master trader opens a position, your copy trading will start automatically.
3. How do I view my copy trades?
On the copy trading homepage, click View Details to access the details page. It includes:
- Copy trading data.
- Copy trading account balance.
- Current copy trading positions.
- Historical copy trades.
- Information about the master traders you are following.
4. Why did my copy trade fail?
Possible reasons for failure:
- The master trader removed you as a follower.
- The master trader disabled the copy trading mode.
- Your copy trading account has no funds or insufficient funds.
- The slippage protection mechanism was triggered.
5. How do I apply to become a master trader?
- Click the Apply to Become a Master Trader button on the copy trading homepage. Applicants must complete Level 2 KYC verification and must not currently follow any other traders.
- Fill in the required personal information.
- Submit your application for approval.
- Once approved, you can begin sharing trades with your followers.
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