To be able to copy trade on <a href="https://en.coin-turk.com/binance-prepares-for-mica-significant-regulations-for-crypto-exchanges-on-the-horizon/" data-wpel-link="internal">Binance</a>, you need to register on a social trading platform and link your Binance account to this platform. Once you have linked your Binance account to the social trading platform, you can start your copy trading transactions immediately.&nbsp; 
<img decoding="async" class=" wp-image-87393 alignleft" src="https://en.coin-turk.com/wp-content/uploads/2023/07/copytrade-214x170.png" alt="" width="262" height="208" srcset="https://en.coin-turk.com/wp-content/uploads/2023/07/copytrade-214x170.png 214w, https://en.coin-turk.com/wp-content/uploads/2023/07/copytrade.png 626w" sizes="(max-width: 262px) 100vw, 262px">Copy trading is a feature commonly offered on social trading platforms that allows users to automatically copy the transactions and strategies of other investors. This allows users, especially those new to cryptocurrency investing or those with limited time to monitor the markets, to benefit from the experience of more successful or experienced investors.&nbsp; 
Copy trading allows you to directly copy positions opened by another investor. You decide the amount you want to invest and the system automatically copies everything they do in real-time. When the investor you’ve chosen makes a transaction, your account will make the same transaction. You don’t need to have any input about the transactions, and you earn the same returns from each transaction as the investor you have chosen. Copy trading is one of the easiest ways to leverage the expert knowledge of a successful investor.&nbsp; 
The research you need to do in copy trading is to find a successful investor on a social trading platform. Most platforms provide a simple way to filter the results of experienced and successful investors, making it easy for you to find the one that best suits your style and risk tolerance.&nbsp; 
<h2 style="text-align: justify" id="social-trading-sites">Social Trading Sites</h2> 
TraderWagon, supported by Binance, is a social trading platform that bridges the gap between experienced and novice investors. If you’re new to crypto trading or don’t have time to monitor the markets, TraderWagon allows you to discover, follow, and copy trades made by the best investors from all around the world. If you become a member of TraderWagon via <a href="https://www.traderwagon.com/en/register?ref=zoh6lha" target="_blank" rel="noopener nofollow noreferrer" data-wpel-link="external">this link</a>, you can take advantage of a lifetime valid discount.&nbsp; 
As seen in the screenshot below, the percentage gains (ROI) and profit and loss status (PNL) over the past 30 days can be seen. For instance, it can be observed that a user named Blackpig has made a profit of 1318% from trading transactions in the last 30 days. The TraderWagon platform, supported by Binance, presents investors’ trading results based on transaction data with the support of Binance in an evidence-based manner.&nbsp; 
<img decoding="async" class="aligncenter wp-image-87394 size-full" src="https://en.coin-turk.com/wp-content/uploads/2023/07/trader.png" alt="" width="1386" height="434" srcset="https://en.coin-turk.com/wp-content/uploads/2023/07/trader.png 1386w, https://en.coin-turk.com/wp-content/uploads/2023/07/trader-300x94.png 300w, https://en.coin-turk.com/wp-content/uploads/2023/07/trader-768x240.png 768w, https://en.coin-turk.com/wp-content/uploads/2023/07/trader-1200x376.png 1200w" sizes="(max-width: 1386px) 100vw, 1386px"> 
There are two types of users on <a href="https://www.traderwagon.com/en/register?ref=zoh6lha" target="_blank" rel="noopener nofollow noreferrer" data-wpel-link="external">TraderWagon,</a> Leader Investors and Copy Investors. Leader Investors are investors who manage portfolios and allow other investors to follow and copy their portfolio. Copy Investors are investors who follow and copy the transactions of Leader Investors. It’s possible to make profits on TraderWagon by copying the trading strategies of successful investors.&nbsp; 
The post <a rel="nofollow" href="https://en.coin-turk.com/how-to-copy-trade-on-binance/" data-wpel-link="internal">How to Copy Trade on Binance?</a> appeared first on <a rel="nofollow" href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

How to Copy Trade on Binance?

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