Binance Copy Trading Full Guide: Earn Passive Income by Copying Pro Traders

[00:04] Today I am going to tell you a way in which you do not have to do crypto trading, do not have to learn crypto trading. Still, there is an application using which you can earn money. That too inside crypto in dollars. The

[00:18] name of that application is Binance. You might have heard its name a lot but it is an application where crypto trading takes place. Now you are saying that Sir, on one hand you told that you do not want to do crypto trading, then how will it happen

[00:32] ? Brother, a very amazing feature has been introduced on Binance which we call Spot Copy Trading. Copy trading is also offered by other exchanges but it is done with futures which is very financially

[00:45] risky and there is no good news about it yet from the Islamic point of view. copy trading. How is it done? What skills are required?

[00:57] Now we will go to the screen and see practically how we have to copy trade. But if you have not subscribed to our channel yet, then please subscribe. It's free of cost. And also press the bell icon so that

[01:10] cost. And also press the bell icon so that tell you one more thing, if you want to make profit by copy trading then it is necessary for you to have a Binance account. It

[01:22] is also necessary to verify the Binance account. To do both these tasks, I made a complete video tutorial guide educational video which is given in the description. If you do Verify it and then come here and continue the video and learn how to

[01:37] copy trade. We are on the screen. Here, first of all, there are three lines on the left side at the top. You have to look, it is written Verified below my name. Is Verified written below your name too ? If it is written then it is good to go. This means your Binance

[01:51] account is perfect. What do you have to do now? Simply come back here and at the bottom it is written Trade. You have to click on trade. As soon as you click on trade, you will see many options above. Convert, Support, Margin, Copy,

[02:04] Bots. You simply have to click on copy. As soon as you click on the copy , you will see many people here who have portfolios. Now what is copy trading basically? Copy trade means that if a person is

[02:18] trading successfully then we have to catch hold of that successful person and start copying him and you should not do this copying yourself, once you have selected the person, Binance will copy on your behalf, so you should not give your money to anyone, you should

[02:31] not give it to anyone, the money is lying with you, it is in your wallet, but whichever trade that person will copy, that trade will be taken automatically from your account, you have to come to the top and see whether Spot Copy is written or not.

[02:46] Some people might be getting future copy written here. So brother, I do not recommend future trading. The rest is up to you. You should ask some scholar or Mufti and do your research. We have to spot it here. So we'll select the spot again.

[02:59] Spot copy arrived. It's okay brother. Now look here, all the names you see are those people who offer themselves that brother, you can copy us. Why offer this now ? Brother, whatever profit you earn, to

[03:12] whom does 10% of it go? Because they are providing you service. We do technical analysis and fundamental analysis. Only then do we take any trade. So brother, you do n't have time. You are either doing business somewhere or busy in a 9 to 5 job.

[03:24] So brother, you can also copy what these people are doing. How to do it brother? named Spring. Now 'Full' is written next to it. Meaning its capacity is full. 1000 people could have copied this and 1000 are already doing it. After that the guy below

[03:38] is coming, I am cheap, I don't know what Chinese is written there. It has a capacity of 500 and 474 people are copying it. Well, if we want to see anything then what do we do? click on this crypto brother. First of all we have to judge

[03:52] whether we want to follow it or not. First of all, it has been 67 days since I started trading it. The guy is fine. It looks old. There are 67 Binance Pay offering copy trading. It doesn't mean that he has traded 67 days in his entire life. I do

[04:05] n't know for how many years he might have been doing this. How many copiers are there brother? Its total capacity is 300. 297 people are copying this. There is still room for three. And till date 527 people have copied it. Of which 297 are still doing it

[04:19] and the rest have left it. You can also copy anyone you want whenever you want and leave it if you don't feel like copying. You You can also copy anyone you want whenever you want and leave it if you don't feel like copying. You you can see the leading balance system of this guy. Here the minimum copy amount is this. Yes, he has to get $10.

[04:34] Profit sharing is 10% of the profit. Sorry. It's okay, sir. Here comes the last trade is very important to know the performance. What do a lot of people do ? Let's look at the PNL in USDT and see, wow, this guy has earned $20,980. Brother, how much capital have you invested to earn $20980?

[04:51] So you see this above. ok sir. Up here you have this leading balance coming to you. By applying the leading balance he has earned Rs 20,980. And if we look at its ROI, it is 5.51%. This is not very impressive. Usefully I say that

[05:04] friend, copy such a guy, his ROI should be at least 10%. But 5% is again not bad. It depends on which way the market trend was. So here you see that the ROI on G ROI has gone up to 21% and if we talk about today's date then

[05:20] its ROI is 19%. It is getting better with time. So you can think about it. I am Ok. This is not a financial advice video. Similarly, one more half person can is there? G takes a look at Tony. Yes. What is Tony sir doing? Tony sir has a

[05:35] good ROI. PNL is also its ok good. And Win Daze is 70. The win rate is 71% which is good. This means that it has a good winning percentage in all the trades it has taken. If I have taken 100 trades then 71:43 trades have gone well. Now for example, if you

[05:50] want to copy this, then it is simply written as copy. Bhaijaan you can copy it. When you click on copy, it will ask whether you want to do it in fixed ratio or fixed amount. do it in a fixed ratio. Fixed amount is not appropriate. For example,

[06:03] amount is not appropriate. For example, you have $. This brother has $1000. For example, did that brother buy $100 worth of BTC? So if you have $ then BTC will be bought automatically from your account with $. Now he has another $900.

[06:17] You don't have $900 more. This is called fixed amount. He bought $ and you also got $. I say fixed ratio. Ratio means percentage. If he spent 100 out of 1000 to buy tokens, it means he

[06:32] consumed 10% of his entire portfolio. Now in the same way 10% will be consumed by you also. same way 10% will be consumed by you also. If you have $, you will buy $10 worth difference between ratio and amount, which I have told you. After that,

[06:46] Many people say Bhaijaan, no investment is required. This is a lie brother, if you have $ then you can do copy trading. And it is not that if you invest Rs 100 today, it will become Rs 200 tomorrow. Nothing like that. Ok ? So you have to

[06:59] enter the world of crypto with your eyes and mind open. If you have to come, you have to bring real dreams. It is not that if you come, the roll will be standing outside the house the next day. It's not like that. After that other organizations will also stand outside your house. Ok ? Because it will come in the wrong way. It does

[07:11] ? Now after that he is saying yes stop loss. It is very important to place a stop loss. Now you people do not have much knowledge about where to place stop loss. So you'll think in your business mind, dude, I have $100. If it goes up to 90 then it is

[07:24] ok. If it goes below this, I cannot bear any further loss. So you can place a stop loss of 10%. After that comes a very important thing because here many people will ask this question that Sir, even within spot trading, there are

[07:37] many coins which are not falling in the Halal category. So on the spot, the next person is buying and selling tokens as per his wish. We are also buying and selling with him. Then brother, it will become a problem. This is a very valid question. Therefore, Binance has now

[07:50] given the option of edit here. You can edit it from here and trade only in those coins which you feel are correct from the Islamic point of view. Currently these are selected all which is 367. You will click on it from here

[08:03] and all will be unselected. BTC is being considered a Halal coin. Ethereum is in Halal. BNB has Halal. So you will select and confirm many such Halal tokens. So when this guy trades in these tokens, the

[08:17] trade will be done within these tokens only. And you simply have to confirm. And that's it, the copy is done, okay, brother. That was just a simple game. Now, when you feel like saying, 'No, this guy isn't change him.' Because you can only copy one person at a time,

[08:32] what you have to do is go to View Details. Here, it shows trade hasn't opened yet. Many people here also get worried, 'Sir, it's been a long time, two days, and our trade hasn't opened yet.' Brother, to

[08:45] take a trade, you have to create a time, situation, and setup, so that you can buy at this time. If he might have bought just 5 minutes ago, you're copying him now, and he trade when another opportunity arises, or he won't trade every day. That's not the case,

[08:58] so be patient. If you think this guy is a little slow, disconnect him and copy someone new. That's it. After that, from here, you'll click on the arrow above it, and you'll If you want, you can increase your balance. For example,

[09:12] you had invested $1 in Adjust Balance, you can make it 5500, do whatever you want. By going to settings, you can add your tokens and edit your stop loss. this farg guy should not be done, then brother, from here you will click on stop copying,

[09:26] here you will click on stop copying, confirm and this is your stop. It's Still, you can ask any question in the comment section. Inshallah, see you in the next video. Take great care of yourself. Long live Pakistan.

[09:40] Take great care of yourself. Long live Pakistan.