Copy Trade
CrestsX platform offers copy trading functionality as one of its unique features. Copy trading is a feature that enables traders to replicate the trading activities of successful and experienced traders. In other words, it enables less experienced traders to replicate the strategies of more experienced traders automatically.
Through copy trading, users can follow and replicate the trades of successful traders on the platform without performing their market analysis. This feature is particularly useful for novice traders who are just starting in the cryptocurrency market and want to learn from experienced traders. It also offers a way for experienced traders to monetize their knowledge and skills by sharing their trading strategies and receiving compensation from their followers.
CrestsX's copy trading feature is implemented using a transparent and secure smart contract system. The system automatically executes the trades of the selected trader, with the copied trades proportionally replicated in the follower's account. The method is transparent since all transactions are recorded on the blockchain and can be reviewed by anybody. Additionally, followers have the flexibility to adjust the amount of capital allocated to copy trading and can stop copying the trades of a trader at any time.
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