Overview
The Copy Trader bot allows users to automatically follow and execute the same trades as a selected provider. This bot is useful for those who want to trade like experienced traders without manually placing orders. By linking your account to a provider, every trade they make is instantly copied to your account.
Details
The Copy Trader bot operates in two modes:
Provider Mode: A trader can act as a provider by sharing their bot code with others. In this mode, the bot tracks their trades and holdings, and makes them available for others to follow and copy (if they have the code).
Copier Mode: Users can enter a provider’s bot code to copy their trades. Whenever the provider makes a trade, the copier's account will automatically execute the same trade.
Examples
Follow an experienced BTC trader: If the provider buys 2 BTC, the copier’s account will also buy 2 BTC (or a proportionate amount based on available funds).
Auto-adjust for market changes: If the provider sells their ETH holdings, the copier’s account will sell ETH as well.
Copy Trader Settings
Provider Mode: Share a bot code to allow others to copy your trades.
Copier Mode: Enter a provider’s bot code to follow their strategy.
Order Types
All trades are executed as market orders to ensure immediate fulfillment and accurate mirroring of provider actions.
By using the Copy Trader bot, users can trade like professionals without needing to monitor the market 24/7.