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Bybit's copy trading feature allows users, known as Followers, to automatically replicate the trades of experienced Master Traders, enabling those without extensive trading knowledge to benefit from their expertise. Followers can select Master Traders based on performance metrics and allocate funds for real-time trade mirroring, with no additional fees beyond standard trading costs. However, users should be aware of the associated risks, including the lack of control over individual trades and the potential for discrepancies in returns.

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36 views

bybit

Bybit's copy trading feature allows users, known as Followers, to automatically replicate the trades of experienced Master Traders, enabling those without extensive trading knowledge to benefit from their expertise. Followers can select Master Traders based on performance metrics and allocate funds for real-time trade mirroring, with no additional fees beyond standard trading costs. However, users should be aware of the associated risks, including the lack of control over individual trades and the potential for discrepancies in returns.

Uploaded by

zombeeya435
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Copy trading on Bybit is a feature that allows users, known as Followers, to automatically

replicate the trades of experienced traders, referred to as Master Traders. This enables
individuals without extensive trading knowledge to benefit from the expertise of seasoned
professionals.Bybit+9Bybit+9Bybit Learn+9Bybit Learn+1Bybit Learn+1

🔍 How It Works

1. Master Traders: These are skilled traders who execute strategies in USDT
perpetual contracts or utilize trading bots. They earn a percentage of the net profits
generated by their Followers, with profit-sharing rates ranging from 10% to 15%,
depending on their level.Bybit
2. Followers: Users can browse and select Master Traders based on performance
metrics such as ROI, risk level, and trading history. Once a Master Trader is chosen,
Followers can allocate funds to automatically mirror their trades.Bybit Learn+11Bybit
Learn+11Bybit+11
3. Execution: Trades are copied in real-time, either proportionally based on the
Follower's available balance relative to the Master Trader's or using a fixed margin
amount, as per the Follower's settings. It's important to note that only trades
executed after initiating the copy relationship are replicated. Bybit+1Bybit+1

⚙️Key Features

 Supported Assets: Currently, only USDT is supported for copy trading.Bybit


Learn+3Bybit+3Bybit+3
 Trading Modes: Copy trading is available for USDT perpetual contracts and trading
bots.Bybit
 Fees: There are no additional fees for copy trading; standard trading and funding
fees apply, consistent with Bybit's Derivatives platform. Bybit+2Bybit
Learn+2Bybit+2
 KYC Requirements: Users must complete at least Individual KYC Level 1 or
Business KYC to participate.Bybit+1Bybit+1
 Risk Management Tools: Features like Perpetual Copy Stop Loss (PCSL) and
trailing stop mechanisms help manage potential losses. Bybit
Learn+9Bybit+9Bybit+9

✅ Getting Started as a Follower


1. Sign Up: Create a Bybit account and complete the necessary KYC verification.
Bybit+1Bybit Learn+1
2. Fund Your Account: Deposit USDT into your account.Bybit Learn+1Bybit Learn+1
3. Choose a Master Trader: Review the list of available Master Traders and select
one that aligns with your investment goals.Bybit Learn+2Bybit Learn+2Bybit+2
4. Allocate Funds: Decide on the amount of USDT to allocate for copy trading.
5. Monitor Performance: Regularly review the performance of your chosen Master
Trader and make adjustments as needed.Bybit Learn

⚠️Considerations

 Risk: Past performance of Master Traders does not guarantee future results.
 Execution Differences: Factors like slippage and varying entry points may cause
discrepancies between the Master Trader's and Follower's returns.Bybit
 Control: Followers have limited control over individual trades once they are copied.
Bybit Learn+9Bybit+9Bybit+9

Bybit's copy trading feature offers a streamlined way for users to engage in cryptocurrency
trading by leveraging the expertise of seasoned traders. While it provides an accessible
entry point for beginners, it's essential to understand the associated risks and monitor
performance regularly.

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