BlockBeats reports that OKX has officially launched its copy trading feature for contract trading, now available to global users. This functionality allows traders to replicate the positions of experienced investors through both web and mobile platforms.
Key Features of OKX Copy Trading
- Accessibility: Found under the "Discover" module in OKX's Web/App interface.
- Flexibility: Supports customized position sizes and margin modes.
- Incentives: Lead traders ("signal providers") earn 12% profit sharing.
- Settlement: Weekly P&L cycles (Monday 00:00 to Sunday 23:59 UTC+8).
How Copy Trading Works
- Users browse signal providers' performance metrics.
- Selected strategies are automatically mirrored in the follower's account.
- Real-time adjustments occur based on the lead trader's actions.
๐ Start copy trading on OKX today
Frequently Asked Questions
Q: Is there a minimum capital requirement?
A: No fixed minimum; depends on the signal provider's settings.
Q: How are profits distributed?
A: Weekly settlements credit 88% to followers, 12% to providers.
Q: Can I manually override copied trades?
A: Yes, the system allows manual intervention.
This innovation democratizes contract trading by letting beginners leverage expert strategies while providing monetization avenues for seasoned traders.
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