Binance, the world's largest cryptocurrency exchange, announced the launch of its new feature.
Binance said in a statement that it has launched copy trading for high-liquidity futures products in selected markets.
This feature from Binance will allow users to follow and copy the trading portfolios and strategies of leading traders while driving greater interaction within the trading community.
Binance included the following statements in its statement:
“Binance Futures is pleased to announce the launch of Copy Trading for futures, available both on the Binance website and the Binance app.
Users in eligible regions can seamlessly start copying the real-time futures strategies of experienced and skilled traders through the Copy Trading feature.”
In its statement, Binance also stated details on how to do Copy Trading.
Binance Marketing Director Rachel Conlan said: “Binance's mission is to improve financial access. Our products aim to help our users have more control over their own finances. At this point, we are meeting the demands of new users who want to learn and interact. We can now share their experiences with experienced investors.” “And they will have more ways to make money. We believe copy trading lowers the barriers to entry into crypto and can help increase social interaction within the community.” said.
Binance CEO CZ also announced in his post on Twitter that the Copy Trading feature of Binance Futures has been launched.
*This is not investment advice.