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Copy Trading

Copy trading is only available and supported if your accounts (exchanges, wallets) can trade the same asset as the trader you are copying.
Copy trading is a form of social trading that allows you to automatically copy the trades of other traders. This can be a great way to learn from experienced traders and take advantage of their expertise without having to do the research yourself.

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How it works

Copy trading on the blockchain works by subscribing to on-chain acitivities of another wallet. When the wallet makes a trade, the same trade is automatically executed in your account.
You can choose the amount of money you want to invest in each trade and set stop-loss and take-profit levels to manage your risk.

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How to get started

Choose our pre-built copy-trading bot and choose a single or multiple wallets of a trader to copy. TODO: picture

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Problems & Risks of copy trading

We experimented with blockchain copy-trading for a couple of years but quickly discovered more effective ways to share a successful trading strategy.

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Copy-trading comes with several drawbacks

  • Slippage: The price you get when copying a trade will be different from the price the trader got. This can result in much lower profits or even losses.
  • Being exploited by the trader you are copying: Some traders will make trades specifically to take advantage of their followers. This can result in losses for you.
  • Lack of control: You have no control over the trades the trader makes. If they make a mistake, you will suffer the consequences.
  • Changing wallets: Successful traders often change their wallets to avoid being copied. This can result in you losing access to their trades.
So what we did is to appreach the problem from a different angle and came up with a solution that is more fair and transparent for everyone involved: Profit Sharing.
A safer way to use our copy-trading bot is to set it to manual mode. This way, you can review each trade in realtime before it is executed in your account.
You can still do copy-trading with our platform, but we recommend using our profit-sharing feature instead.

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Profit Sharing

Profit sharing ensures identical results to those of our traders, eliminating the uncertainty often associated with copy-trading.

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How it works

You subscribe to a trader’s bot in the Marketplace and pay a fixed fee for each successful trade they make. This way, the trader is incentivized to make profitable trades, and you can be sure that they are not exploiting you. Tehcnically, the trader you are copying is sharing a pool of funds with you and all other subscribers. Once the trader starts a trade, the money will be taken from the pool and bundled into a single trade. When the trader makes a profit, you make a profit. When the trader makes a loss, you make a loss. [PIC] TODO