Copy trades from other traders

Copy trading is a great invention in trading. In this way, you can imitate the Experts, learn how they set up trades when to trade, and a whole lot of things before you can set up your own strategy on your own.

thecryptobox.io provide tools for everyone to trade automatically and by evaluating each trader's performance, we can track each trader's performance over time. As a result, users can easily find Experts according to their performance, investment capita,l, and risk appetite.

How to start copy trading?

Before we start, you must have at least one token to start copy trading. What kind of token doesn't matter, Virtual Token or Binance Token are both supported. If you don't have any tokens, create one.

1. Open token details UI.
2. Click Copy Trading UI. This UI will show all traders that you are copying.
3. Click Discovery in the menu tab. This UI will list all traders trading in Binance Exchange.
   You can sort the traders by win rate, total roe, and trade days.
4. Choose the trader you prefer and click the Copy button next to the trader's name.

How I can limit the risks when I copy someone?

Our tool provides three ways for you to limit the risks when you copy someone. Please follow these steps:

1. Open token details UI.
2. Click Copy Trading UI. This UI will show all traders that you are copying.
3. Click to Config button with the gear icon on the right of the trader's name. These configs will apply only for all of the trades that copy from this trader.
4. There are three main options that help you limit the risk when copying this trader.

• Max Daily Margins: The maximum amount you will use to margins every day when copying trades from this trader. If it is exceeded, further trades will be ignored until 00:00 GMT.
• Max Daily Loss Amount: The maximum amount you can lose per day when copying trades from this trader. If it is exceeded, further trades will be ignored to 00:00 GMT.
• Max Blocked Margin: The maximum amount that this trader's trades can hold by the opening positions (possibly for several days). If it is exceeded, further trades will be ignored to 00:00 GMT.

In summary, copy trading is a great invention in trading. It is certain. But copy trading still has its own risks. So make sure you have strong enough configurations to limit your potential losses.