Copy trading is a service available on the Cryptorobotics platform that allows users to copy the trading orders of experienced traders automatically. All trader operations are transmitted from the exchange in real time, and users can copy these orders in proportion to their total trading balance. For example, if a master trader places an order for 10% of their balance, the user will also place an order for 10% of their balance.
Key Features of Copy trading on Cryptorobotics
On the Cryptorobotics platform, several channels are presented in the copy trading section, each providing information about:
- Number of subscribers
- Number of trades over time
- Average monthly profit
- Subscription cost
To get more detailed information about the channel’s statistics, you can click the “View statistics” button. This will take you to the channel page, where data is presented, including the minimum balance required for proper order copying and a profit chart.
Important Note: A Separate Account is Required
To ensure correct order copying, it is necessary to use a separate account for each channel. This account should not have any other orders or connected algorithmic trading tools. This ensures accurate and proper copying of all master trader operations.
How to Track Your Trades?
On the Cryptorobotics platform, you can review the trades made by the master trader with a 1-day delay. You can see specific copied trades along with your statistics on them. The information available includes:
- The asset pair used in the trade
- The number of coins and trade volume in USDT
- The average prices and profit
- Option to expand specific positions and view information on individual orders
The service operates based on the “Positions” principle, where a position refers to one or more orders to buy or sell an asset. Opening and closing positions may occur unevenly, with different order sizes, which may be closed separately or together.
Subscription and Minimum Balance
To use the tool, you need a subscription to the chosen channel and the required minimum balance in your exchange account in the corresponding coin. For example, a specific channel may require a minimum balance of 670 USDT to copy the trader’s orders correctly.
How to Set Up the Copy trading Tool on Cryptorobotics?
In the settings, you can choose your preferred exchange and set your balance. To the right of these settings, there is a button to start or stop the tool. You can pause the tool, stop it, or close all open positions by selling purchased assets.
Important! Familiarize Yourself with Copy trading Rules
Before using the tool, we strongly recommend reviewing the Copy trading Rules to ensure that you use the service safely and effectively.
To access the Copy trading functionality on the Cryptorobotics platform, go to the Algotrading tab.