MEXC allows copy trading. If you are a beginner and are worried about trading or want to see other people’s trades, we recommend that you start copy trading first. Copy trading has traders and followers.
What is copy trading?
A copy trade is a trade that imitates the trading of another person’s account. By imitating the trades of experienced traders or advanced traders, it has the feature that even beginners can easily make profits. This system has been adopted not only by MEXC but also by other virtual currency exchanges, and it is a very popular system. Recommended for beginners who don’t know how to trade or don’t know the entry point.
study of trade
If you are a beginner, you can know your entry points, stop loss points, and take profit points by watching the trades of advanced traders. Just looking at the trades will give you an idea of how to fight.
high profit margin
Advanced traders and skilled traders who are copied have been able to win for quite a long time. Therefore, when it is dangerous, we cut losses immediately and compete thoroughly where we can make a profit. So you may lose some days on a daily basis, but you will make a profit on a monthly basis.
don’t always look at the chart
For copy trading you don’t have to look at the chart all the time. Since professional traders trade on your behalf, it is possible to earn money even if you are very busy with work. Therefore, it is OK just to deposit it, so it is also recommended for office workers.
Select a trader based on performance
As explained below, when selecting a trader to copy, you can select a trader while looking at the trader’s past performance, profit rate, etc., so you can avoid risks and select a trader who can win. You can do it, so even beginners have a good chance of winning.
I don’t have trading skills
The biggest risk of copy trading is not acquiring skills. In the case of copy trading, everything is entrusted to a professional trader, so the trader himself does not have to do anything and just deposit the money, so he does not acquire trading skills. Eventually, you should be able to trade by yourself.
It doesn’t necessarily mean you can win
No matter how skilled a trader you are, there is no guarantee that you will always win. Therefore, there will definitely be days when you lose, so be careful. Since there is no such thing as 100% investment, the basic principle is to invest with surplus funds.
MEXC copy trade
Two terms are used in MEXC copy trading. What is called a trader refers to an advanced trader who does the original trade itself. On the other hand, people who copy traders’ trades are called followers. Followers can choose and copy their favorite traders.
How to start copy trading
To start copy trading, you need to open an account first. Please refer to the article below.
After creating an account, log in. Select “Copy Trade” from “Futures Trading”.
The copy trade trader selection screen will appear. You can get started by selecting your preferred trader and ‘following’.
If you agree with the trade contents, please press “Confirm”.
how to become a trader
It is also possible to become a trader who is the side to follow. To become a trader, first clear all of the following conditions.
Last 3 weeks trading volume >= 10000 USDT
ROI>=500% in last 2 months
Total Capital >=10000USDT
If you have cleared everything, you can apply by clicking “Become a trader” on the copy trade screen.
It will be an application form. E-mail address contains the registered e-mail address. Enter your phone number and Telegram account to complete the application.
The review usually takes 1-2 days. The review results will be sent to the email address of the registered account.