Overview
The Copy Trading bot enables two types of operations:
Provider Mode: Share your portfolio allocations with followers
Copier Mode: Automatically mirror a provider's portfolio allocations
The bot continuously monitors portfolio compositions and automatically rebalances to match the target allocations, maintaining a 1% threshold for changes to minimize unnecessary trades.
Details
The copy trading system works through:
Real-time portfolio tracking
Smart rebalancing algorithms
Threshold-based trading to reduce costs
When copying:
Portfolio allocations are normalized
Orders are executed in an optimized sequence
Minimum thresholds prevent excessive trading
How to Configure the Bot
General Settings
Exchange Platform: Select your preferred exchange
Trading Account: Choose the account for operations
As Provider: Account to be mirrored
As Copier: Account that will mirror the provider
Quote Currency: Base currency for all operations
Default: USDT
Supported: USDT, USDC, BUSD, DAI, USD
Bot Mode
Operation Mode: Choose between:
Provide Trading Signals: Share your portfolio
Copy Trading Signals: Follow another trader
Provider Settings
(Only visible when in Provider mode)
Provider ID: Automatically generated unique identifier
Share this ID with your followers
Required for followers to connect to your portfolio
Copier Settings
(Only visible when in Copier mode)
Provider ID: Enter the ID of the trader you want to follow
Must be exactly as shared by the provider
Maximum 8 characters
Frequently Asked Questions
How does the copying process work?
Provider's portfolio is monitored continuously
Copier bot receives updated allocations
Current portfolio is compared to target
Trades are executed when differences exceed 1%
How often does the portfolio rebalance?
Portfolio is checked every minute
Rebalancing occurs when:
Asset allocation differs by more than 1%
New provider allocations are published
Portfolio contains non-preferred stablecoins
What's the minimum balance needed?
Consider:
Exchange minimum trade sizes
Number of assets in provider's portfolio
Trading fees for rebalancing
Recommended: Sufficient balance to hold at least 1% in each asset
How are trades executed?
The bot follows a specific order:
Sells over-allocated assets first
Buys under-allocated assets
Uses market orders for immediate execution
Can I modify the copying parameters?
Current fixed parameters include:
1% rebalancing threshold
1-minute check interval
Market order execution
What happens if trades fail?
The bot:
Logs all failed trades
Continues operating with successful trades
Retries failed operations on next iteration
Maintains portfolio tracking
Best Practices for Providers
Maintain consistent portfolio management
Use supported quote currencies
Keep sufficient balance for accurate tracking
Monitor your Provider ID sharing
Inform followers of major strategy changes
Best Practices for Copiers
Ensure sufficient starting capital
Use the same quote currency as provider
Verify Provider ID carefully
Monitor rebalancing activities
Keep enough funds for trading fees
Remember that copy trading involves automatically mirroring another trader's portfolio. Consider:
Your risk tolerance
Available capital
Trading fees impact
Portfolio composition
Market conditions
The bot is designed to maintain as close a match as possible to the provider's portfolio while minimizing unnecessary trades through its threshold-based approach.