BYDFi's copy trade feature provides an innovative and efficient way for both novice and experienced traders to participate in the cryptocurrency market. The feature allows users to follow professional traders, copy their trades and potentially profit from their strategies. Whether you are a novice trader looking to learn expert strategies or an experienced trader looking to diversify your trading strategies, BYDFi's copy trade provides an easy solution for anyone looking to enhance their trading experience.

How it works

Choose a trader to follow:

In BYDFi's copy trade, you can browse the list of professional traders. Each trader's profile page provides detailed performance indicators such as yield, order history and strategy data. This allows you to select the trader that best matches your risk appetite and trading style.

Real-time order following:

Once you have selected a trader, the system will automatically copy their trades in real time on your account. This means that every time a trader opens or closes a position, the same action is automatically executed in your account. You can also adjust your call settings.

Risk Control:

BYDFi offers a risk management feature that allows you to control your trading. You can set stop-loss and take-profit levels to limit potential losses and lock in profits based on your risk appetite.

Learn and profit at the same time:

Order following is a great learning opportunity for novice traders. You can watch and learn how traders operate in the market without having to spend years figuring out strategies on your own.

Advantages of BYDFi's Trader's Guide

Easy access to expertise: You don't need to be an expert to trade, you can simply follow an already successful trader.

Diversification of strategies: By trading with a single trader, you can diversify your portfolio by following multiple traders with different strategies.

Transparency: All traders are transparent, showing their historical performance so you can make informed choices based on this information.

Real-time execution: When you select a trader to follow, the system executes the same trades in real-time, without the need for manual intervention.

Risk Management: You can set Stop Loss and Take Profit to help control risk and protect your capital.

How to start trading with BYDFi's order followers

Register or Login: First, create a BYDFi account or login to your existing account.

Explore Traders: Go to the Follow Traders page and browse through the available traders to see their performance.

Follow Traders: Select the traders you want to follow and allocate funds according to your risk appetite.

Start Trader: Once you have selected a trader, the system will start copying their trades in real time on your account.

BYDFi's copy trade feature is designed to make cryptocurrency trading easier, more efficient and more profitable for everyone, whether you are an experienced trader or a newbie. By utilizing the experience of top traders, you can increase your chances of successful trading while learning valuable strategies.

Start your trading journey today and utilize BYDFi to enhance your trading experience!