Copy Trading

Copy trading is a specialized form of social trading in which a trader copies the trades of any master trader. Successful and experienced traders share their portfolio weights, order flows, and trading strategies, which are automatically mirrored by novice traders. Copy trading allows new traders to enter the market without conducting market research and analysis; additionally, they do not need to design their trading strategies.

The master traders whose trades are replicated by beginners also benefit from it, as some percentage of the profit earned by the copy trader is transferred to the master trader. Various cryptocurrency exchanges offer the feature of copy trading including Zenit World and Binance.