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Phemex Crypto Blog: Learn the latest news, updates, and industry insights on bitcoin futures, bitcoin trading, crypto derivatives exchange, and related blockchain technology.

What Is Copy Trading?

Copy trading is a product that bridges the trading experience gap for many users. It allows users to view trading strategies executed by the platform’s top veteran traders and enables users to automatically replicate their trading positions. You can read more about copy trading here on our Academy article, What Is Copy Trading.

All Phemex users can use copy trading on our platform. There are certain standards for becoming a Top Trader, and more details can be found on Requirements for Top Trader. It is completely free to be a copier and copy Top Traders’ positions, but a share of the fees and profits generated from this trading will be charged based on our platform standards. More can be learned in the fees and profit sharing section.

To learn how to use copy trading, check out How Do I Use Copy Trading As A Top Trader? and How Do I Use Copy Trading As A User?

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