Bybit Copy Trading is a feature that allows users to automatically replicate the trades of pro traders with high ROI on the Bybit exchange. It is particularly designed for those who wish to execute trades without actively managing every trade themselves.
Let me disclose how Bybit copy trading works.
Step 1: User becomes Copy Leader A normal user deposits a particular amount of cryptocurrencies into the copy wallet and becomes a copy leader. They also choose the public/private mode based on their preferences.
Step 2: Copy Trader chooses their Leader Based on the success rates and high ROI, traders choose their leader. They also specify their preferred cryptos and pairs with loss limits in percentage.
Step 3: Trade Automates The trades get automated based on both their specifications. And the profit amounts are deposited into the copy trader’s copy wallet.
Step 4: Commission to Copy Leader When the copy traders withdraw their profit amount from their copy wallet, a percentage of it goes to the copy leader. That commission is set by the copy leader.
I can say that it's the only feature that brings in both beginners and pros to a crypto exchange platform. At this point, businesses can quickly start over with a Bybit clone script from a crypto exchange script provider.
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