The crypto asset exchange MEXC allows you to safely copy trade BTC, DEFI, ETH, NFT, etc. at real-time prices on the platform. If you are a beginner and are worried about trading or would like to see other people’s trades, we recommend that you try copy trading first. Copy trading has traders and followers.
What is copy trading?
A copy trade is a trade that imitates the trading of another person’s account. By imitating the trades of experienced traders or advanced traders, it has the feature that even beginners can easily make profits. This system has been adopted not only by MEXC but also by other virtual currency exchanges, and it is a very popular system. Recommended for beginners who don’t know how to trade or don’t know the entry point.
study of trade
If you are a beginner, you can learn about entry points, stop-loss points, and take-profit points by watching the trades of advanced traders. Just by looking at the trades, you will be able to understand how to fight. You can learn and understand information and points on how to win when trading services such as futures and M-day. As soon as you apply and submit it, you can copy trade in the market.
high profit margin
Advanced traders and skilled traders who are copied have been able to win for quite a long time. Therefore, when it is dangerous, we cut losses immediately and compete thoroughly where we can make a profit. So you may lose some days on a daily basis, but you will make a profit on a monthly basis.
don’t always look at the chart
For copy trading you don’t have to look at the chart all the time. Since professional traders trade on your behalf, it is possible to earn money even if you are very busy with work. Therefore, it is OK just to deposit it, so it is also recommended for office workers.
Select a trader based on performance
As explained below, when selecting traders to copy, you can select and add traders while looking at their past performance and profit margins, so you can avoid risk and choose traders who are likely to win, so even beginners have a good chance of winning. You can check the latest leverage rates at the center.
I don’t have trading skills
The biggest risk of copy trading is that you don’t gain skills. In the case of copy trading, you entrust everything to a professional trader, so the trader himself doesn’t have to do anything but entrust it to you, so you don’t gain trading skills. Eventually you should be able to trade on your own. As a step, you can learn techniques to make profits from certain fluctuations. It’s hard to win without any verification.
It doesn’t necessarily mean you can win
No matter how institutional investors or experienced traders are, there is no guarantee that they will win. Therefore, please be aware that there will definitely be days when you lose. Investment is never 100%, so the basic principle is to invest with surplus funds. Detailed settings can be made from the app or PC, but traders can make mistakes. If you are a new trader, try making one partnership and following from the home page first. Keeping the amount and margin low will also help reduce losses at the time of settlement. You can also download transaction history data.
MEXC copy trade
Two terms are used in MEXC copy trading. What is called a trader refers to an advanced trader who does the original trade itself. On the other hand, people who copy traders’ trades are called followers. Followers can choose and copy their favorite traders.
How to start copy trading
To start copy trading, you must first open an account. Please refer to the article below. You can open it now. Support is solid, and you can receive various types of support by contacting customer service. The exchange also has a community and media, and we disseminate information on blogs and SNS, so let’s take a look. We also offer features such as VIP programs and APIs.
After creating an account, log in. Select “Copy Trade” from “Futures Trading”.
The copy trade trader selection screen will appear. You can get started by selecting your preferred trader and ‘following’.
If you agree with the trade contents, please press “Confirm”.
how to become a trader
It is also possible to become a trader who is the side to follow. To become a trader, first clear all of the following conditions.
Last 3 weeks trading volume >= 10000 USDT
ROI>=500% in last 2 months
Total Capital >=10000USDT
If you have cleared everything, you can apply by clicking “Become a trader” on the copy trade screen.
It will be an application form. E-mail address contains the registered e-mail address. Enter your phone number and Telegram account to complete the application.
The review usually takes 1-2 days. The review results will be sent to the email address of the registered account.
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