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【Copy Trader】How to Engage in Copy Trading?

Written by Rebecca Zeng

Updated at April 11th, 2024

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Table of Contents

Step 1: Basic Requirements Step 2: Join/Apply to Copy Step 3: Complete Copy Settings Step 4: View Copy Details Step 5: How to End Copying

【Copy Trader】How to Engage in Copy Trading?

Step 1: Basic Requirements

You must meet Matrixport's KYC 2 identity verification requirements and have opened OKX Trading services.

Step 2: Join/Apply to Copy

Search for the lead trader's name in the "Square", access the lead trade details page, input the copy code (no need for lead trader approval), or click "Apply to Copy" below. Once approved by the trader and transferring, you can start copying directly.

 

 

Step 3: Complete Copy Settings

After inputting the copy code/obtaining lead trader approval, input the total amount to copy and complete the fund transfer.

Maximum Total Copy Amount: 200,000 USDT

Once the cumulative copy margin reaches the maximum limit you set, the system will automatically stop opening new copy positions for the day.

Each order can be copied with an amount between 10 USDT and 100,000 USDT, with a maximum cumulative amount of 200,000 USDT. Once your cumulative copy margin reaches the maximum of 200,000 USDT, the system will automatically stop opening new copy positions.

 

Please note that after choosing to copy and transferring funds, copy traders will not be able to deposit or withdraw funds during the lead trade unit's operation. This is because we cannot guarantee that copy traders can replenish margin proportionally. To safeguard copy traders' rights, fund deposits and withdrawals are not supported for lead traders during the lead trading period.

 

Step 4: View Copy Details

Once the lead trader starts trading, you can view copy details in "Square" -> "My Copies".

 

Step 5: How to End Copying

 

Navigate to the copy details page, click the "Stop Copying" button at the bottom of the "Currently" section, and after confirming for a second time, the remaining positions will be immediately closed at market price.

 

 

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  • 【Lead Trader】How to Apply to Become a Lead Trader?
  • 【Lead Trader】How to Conduct Lead Trading?
  • 【Copy Trader】How to Manage Copy Trader Positions?

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