How to Copy Trade on Binance: Step-by-Step Guide for Beginners

[00:01] following a good crypto trader is incredibly easy. Yes friends, not enter the world of crypto trading because they have done technical analysis and fundamental analysis of crypto trading. There is no time to learn all these things.

[00:16] If you have money but no time to learn, then you have two options. The number one option is to wait and see what is happening inside the market by looking outside the market. People are making money

[00:29] , the market is going up, going down or you can join hands with a crypto trader expert. Yes friends, this handshake option is available here. And who is giving you this option? This option is being offered by the world's largest crypto

[00:41] exchange Binance. This option is available in it that all the expert traders are trading crypto there by doing proper fundamental analysis , technical analysis and at the same time there is an option available which you

[00:55] there is an option available which you can copy and trade like the same pro trader. All you need to do is set up properly to are curious to learn this then let me quickly teach you step by step how to do the

[01:09] proper setting. So friends, the first step is that you must have a proper Binance account and its KYC should also be done. click on it , this window will open in front of you.

[01:23] Put your email address on top of it. After entering the email address, complete its KYC. The entire video has been made and given to me. How to Create Account on Binance is visible here. I will also give this in the description of this video so that it will be easy for you people.

[01:37] You guys should first create your account properly. When you create your successful account, it will appear verified like this. Look here, if verified is coming then your account has been created and verification has been done. After that you have to click on the back button

[01:49] and see here the option of add fund is visible. You have to click on Add Fund and here you have to click on P2P Trading. As soon as you options are visible here. But here I would like to mention to you that if you

[02:02] are a beginner then you have to click on Express. Ok? You have to write the amount here. Click on Select Payment Method. Here, whatever is available with you like Easy Paisa, Bank Transfer, Rast ID,

[02:17] you have to click on the preview button. You can buy USDT by selecting it and selecting the top three traders that Binance recommends. Once you have USDT, you need to transfer it to your spot wallet.

[02:30] After that you have to directly come to the top of the home screen and see here, some options are visible inside the bottom. Home Markets Trade and see future assets here, you have to directly

[02:42] click on the trade button which is inside the middle here. As soon as you click on it, now look here in front of you, at the top, look here, buy sell spot copy p to p alpha, all these things are visible. Ok? You see this copy option here

[02:56] , you have to click on it. Now as you click on copy, look here you will see a lot of traders in front of you who are giving you the option of copy trading. These are the people who are pro

[03:10] traders and their ROI ( Return on Investment) ratios are also visible here. PNL is also visible. You before selecting traders, let me

[03:22] tell you one more option here. Look here at the top, the option of spot copy is visible. Ok? When you click on it, the option of future copy will also be visible here. Ok? The option for future copy will also be visible. This is futures trading.

[03:35] Futures trading is highly risky. So we will not cover this now. If how to copy trade futures? So please do comment. I will make that also in the next video. make that also in the next video. So right now I'm going to go inside the spot copy here. What

[03:48] that you buy any crypto currency like BTC, Ethereum etc. and when its price goes up then you will make profit and again you do not have to worry, you do not know technical analysis, you do

[04:00] not know fundamental analysis, that is why we have come here, now look above this window, see here there is also a recommendation which Binance itself is recommending to us that these are the top four traders. You can copy this. Ok? Here we will go over all the positions.

[04:13] Here we will see a lot of people who are offering copy trading options here. It's okay, sir. Look here, we go only on the recommendation. Now let's see how we have to select a good trader and copy him. Please

[04:26] see how to set the copy. Look here, the option is visible above. See high ROI here. Ok? Here, look at the four traders whose ROI is the highest. If you click here and see the high

[04:40] accordingly all the traders will appear here as to who has made the highest profit PNL in the last 30 days. It's okay, sir. Look here, this guy also went up to 29,000 and look here, the fourth one, till here we will go over high ROI.

[04:57] Ok? We open the first one here, Billu Gulati's one, and see how many people are copying him and for how long he has been providing copy trading services. You can see it here. You can see it here.

[05:09] Look here, it has been 510 days since he started providing copy trading services here. It has been more than one and a half years since this trading service of copy trading has been provided here. See here. After that the option of copiers is visible. Look at copiers, there are

[05:23] 300 slots available here and 162 people have copied it. After that, see, you can give the leading balance here. You don't need to see this here. Let me show you the important thing. Look here, we see the important things here.

[05:36] Here's a look at the ROI on performance. Look at the ROI here, it means $89% profit it has given till now. ROI Return on Investment. Meaning that if someone has invested $100, then it has made him a profit of up to $89 USD.

[05:50] saying here that there is no profit here, there is loss also. There is a crypto currency market. There are also chances of loss here. So analyze it carefully. Look here, PNL for the last 30 days is $351 and look here, it has

[06:05] made $55 for the copier. It's okay, sir. Look here, you can see it from here also. Ok? of PNL and of ROI. see here what is its open position. Look here it has invested inside the tow.

[06:20] into the negative. This trade is going into loss. no records are available right now. Also check here inside balance history. So my heart is not feeling satisfied here. So I will not copy it. So I'm going to go over the back

[06:33] button. I will look for another good trader. Here I refreshed this window again. Look here, a trader is coming to me by the name of Hamran. Look here, I have 300 slots available here. 299

[06:47] As I opened it, look here you will see all these things, see how many, it has been giving trading options for 363 days i.e. one year.

[06:59] Its ROI is also very good. Look here 138% and look here let's scroll down. Look here, you can also see its graph etc. here. And in which assets has it Look here, all of them are visible here. And also inside the trade history,

[07:12] trades it has closed and when. All of these are visible. So I like this trader Ok? In this way, you people have to see all these things that who is a good trader who will also make something for you.

[07:26] Here also the last trade was done on 26th March. That means it is also doing recent trades. Now how to copy it? Click on the simple copy button. Like I clicked on the copy button. You can see what options are there here. First of all, the

[07:38] option is available here. Fixed Ratio and Fixed Amount. You always have to go above the fixed ratio. Fixed ratio means that if you have $100, you buy $10 worth of BTC. If Ethereum is bought here at $10, then according to that ratio,

[07:52] your investment will be according to that percentage. Your money will be invested in crypto. Ok? So you did not go above the fixed amount. your trade will be placed for that fixed amount. So always stay above the fixed ratio.

[08:06] So I wrote $100 here. After that, look at the pair preferences here. Ok? The option is visible below here. Now here it can if you want to stay within a specific pair. Some people think

[08:21] that some of the coins are halal and some are haram. So you can haram. So you can research the hottest coins here as per your wish. BTC, Ethereum, Sulana, BNB and so on. I will go inside it. Meme coins

[08:33] etc. mostly come under haram coins. People say that but do your research. I am not giving any fatwa etc. here. So after selecting your coins here, click on the confirm button. As soon as you click on the confirm button,

[08:45] look here, after that the option of total stop loss is visible here. Meaning I invested $100 here. Now this does not mean that it will be a profit. loss also. So here you must place a stop loss based on how much your rib

[09:01] is. How much loss can you tolerate? I'd say the minimum I can afford to lose here is $10 over $100. That means when I go into loss of 10, my trade should be closed. I will not copy. It's okay, sir. So

[09:14] you must apply this stop loss. And look here, you have to close this auto invest option. I have to read the terms and conditions and click on the confirm button. Look here it tells you that you are copy trading on

[09:26] fixed ratio. This is your amount. Here you have selected four pairs out of 385 pairs. And see here your total stop loss is 10% and you have to click on the confirm button. Look, the copy trade has been successful.

[09:40] I have copied a good pro trader. As soon as he executes a trade, my trade will be placed automatically. As soon as he closes the trade, my trade will be want to go above view details then look, your position is visible here as

[09:55] ongoing. Now there's only $100 here. This guy has no trade. Hamran hasn't placed any trades yet. So look here, I can't see anything. As soon as someone places a trade, your entire net copy will appear here. How much does the copy cost?

[10:08] After that, see here how much your PNL has become. Look here how much profit has been shed. All these positions will be visible to you here. Now as this copy not executed any trade yet. If despite this you want to make any changes in it, then

[10:21] you have to click on the name of the item which is visible here and there is no arrow visible. As soon as you click on it, now you will see that you can further set it by going inside the settings. If you you can do that. If you want to change the stop loss, you can do so.

[10:37] Look here as it went inside the back. Now look, some people might want to stop their copy trading. That means they do n't want to do hard copy trading. Do n't want to follow any good trader. If you want to stop copying, then the

[10:52] click on it, whatever your balance etc. will be plus minus, after this you will click on the confirm button here and copy trading stop. So friends, it is not rocket science. This is the easiest method and I have

[11:06] explained to you all the copy trading settings in the easiest steps. If you have money but no time, then this option is So, take great care of yourself. See you next care of yourself. See you next video