BitMEX, the OG crypto derivatives exchange, today announced the launch of its new Copy Trading feature. This innovative tool allows users to automatically replicate the trades of top-performing professionals, simplifying access to sophisticated trading strategies.
In a first for many platforms, BitMEX is also introducing Reverse Copy Trading, a feature that allows users to strategically take the opposite position of a chosen leader. This dual functionality provides traders with unprecedented flexibility to align with or hedge against market trends based on their own outlook.
The new feature addresses a common challenge for many traders: the lack of time or expertise to actively monitor the fast-paced derivatives market. By enabling users to automatically follow the moves of experienced traders – or take the opposite approach through Reverse Copy Trading – BitMEX is making sophisticated trading accessible to a wider audience, from beginners to those with limited time.
“Since 2014, BitMEX has been home to some of the oldest and most proficient traders in the crypto space. With Copy Trading, we are democratising access to their expertise, allowing our users to mirror their success,” said Stephan Lutz, CEO of BitMEX. “This feature simplifies the trading process, removes the burden of constant market monitoring, and provides a unique opportunity for our community to engage with the crypto derivatives market more effectively.”
How Copy Trading on BitMEX Works:
BitMEX’s Copy Trading feature allows users to become “Copiers” and automatically replicate the trades of chosen “Copy Leaders.”
Key Benefits of Copy Trading on BitMEX:
To learn more and get started with Copy Trading on BitMEX, users can visit this page.
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.
Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.
BitMEX was also one of the first exchanges to publish their on-chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.
For more information on BitMEX, users can visit the BitMEX Blog or http://www.bitmex.com, and follow Telegram, Twitter and its online communities . For further inquiries, users can contact [email protected].
