What is Copy Trading? – Coinmatics
Copy Trading is an instrument for trading, which is based on copying deals of experienced successful traders.
If their actions lead to success, you can replicate them and make a profit as well, with no specific knowledge and experience. This, in short, is the main principle of Copy Trading.
The strategy, which originated at the fund markets, has become popular in the sphere of cryptocurrencies. Crypto markets have been actively developing along with the technologies, which provides the participants of those markets with convenient and efficient tools. The use of Copy Trading platforms with the possibility to subscribe to multiple leading traders has become a trend of nowadays cryptocurrency trades.
Coinmatics provides such a platform. In the Trader Portfolio section of our website, Coinmatics.io, you can observe objective statistics on different traders and select the most successful of them to subscribe to and monitor their actions.
Thanks to the subscription, one can not only gain profit by mirroring deals but also enhance trading skills by analyzing the copying actions.
Thus, whereas previously, investors had to gather and analyze information manually, the full and transparent data on traders is there for you instead now. And even more, as soon as you subscribe, the notifications will start pop up in your Telegram account, each time a deal is executed.
Thanks to the feature, you can stay on top of cryptocurrencies and make a profit, saving your time. All you need to do is to visit Coinmatics.io, open Trader Portfolio, choose a trader, and sign up for the signals. The subscription can be either free or charged, which is up to a trader.
If you are an experienced trader, it’s beneficial to add your portfolio to the platform, show good stats, and start receiving an additional profit from subscriptions.
If your actions are frequently profitable, you get to the top of the rating, which grants you more subscribers, and therefore increases your passive income.
Beginners can earn money by copying more proficient players, who in turn can gain an additional income from subscriptions, while the platform receives a share for service provision. Thus, Copy Trading is a win-win-win-system, which is reasonable for everyone to join to.