[00:00] Hey there, I'm Sami from Binance, and today&nbsp; we're going to dive into copy trading, a&nbsp;&nbsp; popular strategy that allows you to automatically&nbsp; replicate the trades of experienced traders. If&nbsp;&nbsp; you're new to trading or just looking for a&nbsp; hands-off approach, copy trading could be a&nbsp;&nbsp;
[00:14] great way to get started. Let's walk through how&nbsp; you can copy trade crypto on Binance. First off,&nbsp;&nbsp; what is copy trading? It's exactly what it sounds&nbsp; like: when you copy the trades of an expert trader&nbsp;&nbsp;
[00:26] in real time. This means whenever they buy or&nbsp; sell crypto, the same action is automatically&nbsp;&nbsp; carried out in your account. Essentially, you're&nbsp; leveraging their experience and strategies without&nbsp;&nbsp;
[00:38] needing to make the decisions yourself. Copy&nbsp; trading is a great way to gain exposure to&nbsp;&nbsp; crypto markets without constantly watching charts&nbsp; or learning advanced strategies. On the app,&nbsp;&nbsp;
[00:53] first log into your Binance account, tap on Trade&nbsp; below, then tap on the top right icon and select&nbsp;&nbsp; Copy Trading, which brings you to a marketplace&nbsp; where you can explore and choose from a variety&nbsp;&nbsp;
[01:05] of professional traders. When choosing a trader to&nbsp; copy, Binance gives you detailed performance data&nbsp;&nbsp; such as win rate, total profit, and trading&nbsp; history; if you don't understand any terms,&nbsp;&nbsp;
[01:20] just tap the underlined words for explanations.&nbsp; Review stats carefully and consider the trader’s&nbsp;&nbsp; risk profile—you can filter choices based on&nbsp; your needs. Some traders go for high-risk,&nbsp;&nbsp;
[01:38] high-reward strategies, while others focus on&nbsp; steady growth. Pick a trader whose strategy and&nbsp;&nbsp; risk tolerance align with your investment goals.&nbsp; After deciding, you can tap on Mock to simulate&nbsp;&nbsp;
[01:56] copy trading with virtual funds or tap Copy&nbsp; to start with your actual funds. In spot copy&nbsp;&nbsp; settings, set your copy trading parameters: select&nbsp; fixed ratio if you want your orders allocated&nbsp;&nbsp;
[02:18] proportionally to the lead trader's orders—for&nbsp; example, if the lead trader uses 50% of their&nbsp;&nbsp;
[02:31] balance to trade, your system will also use 50% of&nbsp; your copy amount for similar orders, noting that&nbsp;&nbsp;
[02:49] final order sizes may be lower due to slippage.&nbsp; Alternatively, select fixed amount if you want&nbsp;&nbsp;
[03:02] orders purchased by a set amount regardless of&nbsp; the lead trader’s proportional usage; you define&nbsp;&nbsp; cost per order and copy amount—e.g., with 500&nbsp; USDC copy amount and 100 USDC cost per order,&nbsp;&nbsp; you'll copy the next five trades at 100 USDC&nbsp; each until the budget runs out. Another key&nbsp;&nbsp;
[03:36] setting is total stoploss, which lets you set&nbsp; the maximum loss you're willing to accept;&nbsp;&nbsp; if your portfolio’s value drops to this&nbsp; threshold, a market sell order triggers&nbsp;&nbsp;
[04:05] to close all positions and stop further copying,&nbsp; helping prevent deeper losses. In summary, fixed&nbsp;&nbsp; ratio mirrors portfolio strategy proportionally,&nbsp; ideal if you trust the trader’s overall approach,&nbsp;&nbsp;
[04:17] while fixed amount places multiple individual&nbsp; bets one per trade, offering more exposure but&nbsp;&nbsp;
[04:39] also more risk. Once your preferences are set, the&nbsp; system automatically replicates the trader’s moves&nbsp;&nbsp; in your account. Note that you can copy up to a&nbsp; certain number of portfolios simultaneously per&nbsp;&nbsp;
[04:54] user, only after completing identity verification&nbsp; with proof of address, and only from applicable&nbsp;&nbsp; regions—you can check eligibility via the&nbsp; resource links below. To maximize copy trading,&nbsp;&nbsp;
[05:14] diversify by copying multiple traders with&nbsp; different strategies, understand the risk&nbsp;&nbsp;
[05:30] levels involved, and stay informed by monitoring&nbsp; your performance via the Binance dashboard. You&nbsp;&nbsp;
[05:46] can stop copying or withdraw funds anytime if a&nbsp; trader’s strategy no longer suits you and adjust&nbsp;&nbsp; settings as needed. Copy trading&nbsp; on Binance is a fantastic way for&nbsp;&nbsp; beginners to gain crypto exposure and&nbsp; for experienced investors to try new&nbsp;&nbsp;
[06:02] strategies without dedicating time to&nbsp; market analysis. Thanks for watching,&nbsp;&nbsp; and make sure to subscribe for more Binance&nbsp; tips and guides. See you in the next video.