BingX Copy Trading: How To Do It Step By Step [Guide 2024]

Do you want to learn about how to do BingX copy trading but don't know how?

Today I have a detailed guide on how to automatically copy other traders and make a profit step by step.

Without further ado, let's get straight to the point.

How to copy trade on Bingx

To do Copy trading on BingX the process is very easy and you should follow some basic steps.

Register on Bingx Exchange

Before you start you should do BingX registration and you will write your email and password or you can register from the account you have from Google.

If you are having trouble, we have made a detailed guide on how to do it register on Bingx exchange.

You will then need to do a quick KYC verification.

Now to start Copy trading you must have deposited or bought Tether (USDT) in your account.

How to deposit USDT to Bingx

To make a deposit on the Bingx exchange you should go to the category Buy crypto / Quick Buy and you will select the local currency you have and put to buy USDT.

If you have never made a deposit on the exchange you will press Buy and it will take you to another page to insert your card to buy USDT.

And that was going to press add a card and you will buy the USDT.

Copy trading Bingx step by step.

After you have deposited the USDT it is time to start Copy trading, you will click on the Copy trading category and you will enter the page with all traders.

At this point you will see all the traders that exist and the percentages they have for several days.

Now to find a top Trader you need to do a lot of research to see what suits you.

The things you should pay attention to are:

• Win Ratio – It should be as high as possible.
•  Winning Trades – It should have enough wins and few losses.
• Losing Trades – It should have few enough losses and enough wins in a plan over 90 days.
• Leverage – should be below 20X to be a low risk trader.
• Followers - The Followers they play a very important role because there is a lot of trust, as many as a trader has.

The traders we recommend are the following.

• GWhedgeInc
• SonHo
• Targetlock16

Start copy trading

After you have chosen the trader you want, you will press on the option Copy and it will get you to put the money you want.

you will put the money is for copy trading and you will press Copy Now

And that was when the Trader will take trades, the trades will automatically open for you.

Let's go now for the theoretical parts.

What is Copy trading?

The Copy trading in simple words it is when through a platform you can automatically copy an experienced Trader.

You will invest some money in the exchange and when the trader takes the trades you will win or lose.

We have also written a detailed guide for it how to do copy trading on Bybit

LIABILITY DISCLAIMER:

Cryptocurrency trading is VERY risky. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money

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