Binance's "Copy Trading" has seen an average weekly trading volume of over 2 billion USD in the three months since its launch
ChainCatcher news, Binance announced that since the launch of its copy trading feature in October 2023, it has achieved an average weekly trading volume of over $2 billion in the first three months. In the past month, Binance's copy trading has introduced a new series of user-centric features, such as simulated copy trading, private chat rooms, and Sharpe ratio indicators, enhancing the user experience, promoting user learning, and enabling more informed decision-making.
Binance's Chief Technology Officer Rohit Wad shared, "Through the copy trading platform, our vision is to create an industry-leading social trading product that makes trading not just about transactions, but also an opportunity for collective learning and growth. So far, the positive support and feedback we have received from the community prove Binance's commitment to creating truly valuable products for users. We are excited to see the product off to a good start and look forward to witnessing its continued growth in 2024, while we will continue to strive for innovation to bring the best products and services to our users."