Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Search
Close this search box.

BingX Launches Copy Trading 2.0 with Enhanced Control

stock image

 BingX, a global leading cryptocurrency exchange and Web3 AI company, has launched its perpetual futures Copy Trading 2.0, a major upgrade to its popular social trading system. This enhanced version is designed to empower users with greater control, transparency, and data-driven decision-making. With Copy Trading 2.0, BingX introduces a suite of powerful new features that simplify the trading experience, offering users more intuitive access to trading data, improved risk management tools, and enhanced flexibility when copying top traders.

Financial Technology Insights: Mindmatrix–Tipalti Integration Simplifies Partner Payouts

Dedicated Sub-Accounts for Simplified Trading

BingX has introduced dedicated sub-accounts for each follower, streamlining trade and fund management. These individual sub-accounts help users keep their trades organized. In addition, the system now automatically mirrors the trader’s leverage and margin mode, enabling followers to replicate trades with the exact same settings for a more accurate and consistent copy trading experience.

Optimized Logic with Clear Calculations

The new system also allows multiple open orders to automatically merge into one. This makes it easier to calculate profits and losses accurately, with clear one-to-one matching between opening and closing positions. The result is a more flexible, straightforward process that reduces errors and simplifies trade management.

Financial Technology Insights: CAIS Enhances Execution Tools for Ticker-Traded Alternatives

Unified Data for Greater Transparency

All copy trading data now comes directly from perpetual futures accounts, ensuring consistency and accuracy across the board. Both traders and followers’ account assets, positions, balance records, and trading histories are aligned with real-time futures data. This unified data system allows users to track performance more effectively, providing transparency and boosting confidence in their risk management and profitability analysis.

Financial Technology Insights: Anjuna Wins Top Banks, Fuels Confidential Computing Boom

“A cleaner interface with improved data tracking and a fairer system benefits both traders and their followers,” Vivien Lin, Chief Product Officer of BingX, added: “Copy Trading 2.0 is a direct response to user feedback. We’ve always believed in our user-first vision and listening to our community. There are plenty of additional upgrades like more flexible trial funds for users to explore as they engage with the platform. Our goal is to continuously evolve and provide the best tools to support our users’ crypto trading journey.”

To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com

Source : prnewswire

Share With
Contact Us