Forms of Copy Trade

Currently, copy trade has many different modes, but each exchange currently only uses a few modes without supporting all functions for copy trade. Some typical forms of copy trade include:
Copy everything from leverage to investment capital: For example, if the lead trader puts in 100 USD with x10 leverage, the user also copies the entire amount. If the lead trader's amount is higher, the user will not be able to copy the trade.
Copy trades with a certain capital ratio: For example, a lead trader executes an order with a size of 100 USD and a user who sets a ratio of 10% copies the order but with a size of 10 USD.
Self-adjust the fixed size: For example, if the user sets the level for 100 USDT, each copy order has a maximum size of 100 USDT.
In addition, there are still some other forms such as setting leverage levels, fixed TP/SL levels...
Some prominent Copy Trade exchanges Below are some large exchanges that have focused on developing the copy trade segment, including:

• Bybit: Is the top exchange in the crypto market with daily trading volume reaching 5 billion USD. Currently, Bybit is one of the exchanges focusing on copy trading with full functionality and an easy interface.
• Gate.io: Is an exchange that supports copy trading with relatively high leverage, and also supports many different token pairs for users to easily trade.
• OKX: Is a trading platform that has emerged recently and the platform is also focusing on developing the copy trade segment, when the commission for lead traders at OKX is relatively high.
• PrimeXBT: Is an exchange that provides copy trade features not only in the crypto market but also in other markets including forex and stocks.

Some questions about Copy Trade
Is Copy Trade safe? Should you Copy Trade?
Every financial tool is a double-edged sword, including copy trade. Copy trade gives users the opportunity to learn from lead traders, for example how to choose coins, entry points, take profit/stop loss points... In addition, copy trade can be a tool to help users earn passive income. move without wasting much time.
However, the risk from copy trading still exists when users can suffer losses from the lead trader's wrong decisions. Even in cases where the lead trader makes a trade with a large amount of money, the copier may suffer price slippage and not enter the correct entry point like the lead trader, similar to the TP/SL point.
Can Copy Trade be done on DEX?
Users can copy trade on the DEX, but the functions and interface are relatively complicated and not user-friendly.
Can I close an order myself while Copy Trade?
If you are not satisfied with the lead trader's order when copying, the user can automatically cancel the order. How much profit does the
Copier need to share with the Master/Lead Trader?
Typically, exchanges often allow lead traders to enjoy 8-13% of profits from copiers. The specific fee depends on the lead trader to decide.