Binance will launch a spot copy trading feature

ChainCatcher news, according to The Block, the world's largest cryptocurrency exchange Binance has announced the launch of a spot copy trading feature. Users can now copy the positions of professional traders in the Binance spot market. Users only need to select a strategy provider, set the copy trading amount, and the corresponding orders will be executed automatically, saving time and effort.

Copy trading is currently in the Beta testing phase and is only available to a small number of users. In the coming weeks, Binance will evaluate feedback and optimize the feature, gradually rolling it out to more users.

Previously, Binance launched a futures copy trading feature in 2020. This time, Binance is expanding copy trading to the spot market to meet the needs of more users.