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