Original source: OKX

In the cryptocurrency world, copy trading is a very popular trading strategy that allows investors to copy other successful trades. operators in order to obtain similar returns on investment. Nowadays, many trading platforms provide copy trading functions to meet the regular needs of users.

As the trading platform with the most comprehensive copying functions and the most complete copying ecosystem in the current market, OKX has announced on March 4 that it will expand its copying trading function. A major upgrade is carried out to provide users with a more intelligent trading experience. The core of this upgrade is the launch of a new intelligent copying mode, allowing users to more easily implement copying transactions.

1. Quick overview of the core functions and advantages of the intelligent copying mode

Intelligent copying is The latest upgrade of OKX’s contract copying product is a new, more efficient and convenient model. As we all know, the OKX contract copying function mainly provides the most user-friendly, simple and transparent user experience for contract traders and followers, and maximizes the profit and win-win situation for contract traders and followers. Users will not need to manually open or close positions, or watch the market, and can directly follow professional traders for contract transactions.

The introduction of the smart copying model is to lower the threshold for users to use contract copying. Specifically, the smart copying mode is a new copying mode that automatically calculates investment funds and sets order parameters based on the proportion of funds used by traders. Every time a user opens a position, the platform will calculate the order amount for the following user based on the ratio of the trader's margin to the account equity, and copy the trader's order parameters.

For example: a trader's account equity is 10,000 USDT, and he invests 1,000 USDT with 5 times leverage to go long BTCUSDT with a full position. At this time, the capital investment ratio is 10%. For example, if the copying user's copying investment amount is 1,000 USDT, 1,000 USDT × 10% = 100 UDST will be automatically invested for the copying user as the cost of the copying position. 5x leverage for full position long BTCUSDT perpetual.

Currently, smart copying supports one-click copying by setting the investment amount. Users do not need to set complex parameters, and traders are completely left to manage the risks and returns of positions. , you can easily and efficiently achieve profits from following orders. This mode is simpler than the previous custom copying mode, and it only takes two steps to start the journey of making money. After selecting the professional trader of their choice, investors only need to set the investment amount (minimum 100 USDT), and simply click the "Copy Now" button to simply complete the copy setup. This innovative design greatly lowers the threshold for contract copy trading. Even users who are beginners who know nothing about copy parameters can easily follow orders with one click and obtain stable profits.

In general, the main advantages of intelligent follow-up are reflected in the following four aspects:

• One-click follow-up: Users only need to enter the investment amount to follow orders with one click, without having to set other complex parameters, truly realizing convenient and efficient follow-up

• Intelligent investment, risk control synchronization: According to the proportion of funds invested by traders, orders are placed in equal proportions for the following users. The leverage and margin models of both parties remain consistent, allowing traders to better Help follow-up users with risk control and income management.

• Position isolation: Manual trading and copy trading positions are separated to reduce the impact of copy trading on manual trading.

• Fund isolation: dedicated funds, reducing the risk of over-leveraging that may result from following multiple traders with the same funds .

Not only that, the copying user center of the OKX platform has also been completely upgraded, adding copying details and income details sections to provide users with More intuitive display of transaction data and income structure. Users can easily view the detailed transaction data of different traders each time, and at the same time, they can also clearly understand the composition of their own profits. This revision aims to improve user experience and make it easier for users to manage and analyze their transaction data.

"The launch of the smart copy mode once again proves our leading position in the field of automated trading. Through this innovation, we can provide users with easier and more A secure copy trading experience. The new function simplifies the operation process and strengthens risk management to meet the personalized needs and risk preferences of different users. This upgrade is a major improvement to the existing copy trading ecosystem and will enable more Multiple users can enjoy safe and efficient copy trading services." added the person in charge of related products of OKX.

2. How to use the intelligent copying mode?

After explaining the core functions and advantages of OKX’s intelligent copying model, here comes the focus of this article! As a user, how to create a smart copying mode? The following is a simple guide for your reference:

Step 1:Browse or search for traders of interest in Traders Personal homepage, click the "Copy Now" button to enter the copy settings

Step 2:Select the copy mode: Smart Follow Order

Step 3:Set copy parameters

• Investment amount (USDT) (required): The total investment amount (minimum 100 USDT) dedicated to following this trader will be segregated in the trading account Occupied

• Copy the position immediately after following the order:

After opening, such as trading If the player currently holds a position, the current position will be copied immediately at the market price and in proportion to the capital. After closing, the trader's current position will not be copied and will be followed after the trader's next order is placed.

At this time, you can check the trader's personal homepage - the current order to evaluate whether to enable copying and immediately copy the position.

• Copy Stop Loss: Copy the maximum acceptable loss amount of the current trader. When the stop loss amount you set is reached, the system will automatically cancel the copy order and handle the remaining positions according to your settings.

Step 4: Click "Follow the order now" and confirm that the copying information is correct, then the order can be copied successfully

After the follow-up relationship is created, Users can choose to enter the copying homepage and click to enter "My Copying" to view the current and historical copying income and other details for each trader they follow. You can also choose to click "Manage" in "Copying Details" to enter the copying settings page, adjust the investment amount and modify the copying stop loss settings, or cancel following the trader.

At present, OKX’s copy trading model is the most complete in the market. Users can choose the intelligent copying mode according to their own investment preferences, or use the familiar custom copying mode. Different from the intelligent copying mode, in the custom copying mode, users can choose to follow orders with a fixed amount or proportionally, independently control risks and returns, and improve capital utilization.

3. Root in the essence of trading and establish a complete documentary ecosystem

But in fact, no matter Whether it is a follow-up ecosystem or other product matrices, OKX has always adhered to the basic principle of user first to build a product system. At present, OKX's copying ecosystem is already in the leading position in the industry. The copying ecosystem mainly includes three categories: contract copying, spot copying and strategic copying.

The upgraded smart follow-up model mainly refers to the upgrade of contract follow-up products. The current contract follow-up products mainly include smart follow-up mode and customized follow-up. There are two order modes: the intelligent copy mode allows users to completely let traders manage the risks and returns of positions, and users can easily and efficiently achieve profit from copy orders; while the custom copy mode is the classic copy mode of the OKX platform, allowing users to use the same funds. Follow multiple traders at the same time, and customize your own follow-up investment, leverage and other parameters, making the use of funds extremely efficient. Users can choose the copying mode that suits them based on their preferences and experience.

The spot copying mode allows the OKX platform to screen high-quality traders on the one hand, and on the other hand supports users to automatically copy traders’ spot trading points for copying, so that Users can easily grasp trading opportunities without watching the market. Suitable for both novice users and experienced investors. Contract copying is similar to spot copying and can be understood as leveraged spot copying.

Strategy copying is a strategy copying trading system established by OKX in the Strategy Square. The platform selects top strategy copying staff, and users can run the following with one click. Single strategy, automatically follows the trigger/stop, easily grasping the best time, and users with follow-up orders can enjoy the benefits of strategic trading. Currently, strategy copying supports grid and martingale strategies.

In fact, no matter what type of documentary product it is, the essence is to help more investors maximize profits. OKX, as a technology-driven and user-centered trading platform, understands this very well. The team always adheres to the product development concept of simplifying complexity and designs products that are user-friendly while ensuring the security of user assets. "Currently, more and more new users are using the copy trading function. While OKX insists on being driven by innovation, it also puts the safety of users' funds first. It has insisted on improving POR transparency to traditional financial audit standards, thus continuing to lead the industry in safety and transparency. , We should not only make users worry-free but also make users feel at ease." The relevant person in charge said frankly.

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