- OKX, a prominent crypto exchange and Web3 company, announces updates to its Copy Trading feature for enhanced user benefits.
- The updates include improving profit-sharing precision and introducing profit-sharing tiers based on Assets Under Management (AUM).
- These modifications aim to provide users with a more accurate profit distribution and a better trading experience.
Web-3 technology has been making waves in the digital era significantly, and to make it more astounding, OKX has announced an update to its profit-sharing feature on the Copy Trading product. As a reliable crypto trading app with an extensive user base, OKX has emerged as a leading global crypto exchange and Web3 company.
OKX Copy Trading
Introduced on December 21, 2022, Copy Trading is an innovative social investment and portfolio management tool. Through copy trading, regular traders are able to replicate the trading success of lead traders by copying their strategies and automatically executing them in real markets. Simultaneously, lead traders are able to earn profit shares from traders who have copied their trades.
This tool serves as a profitable trading tool for users with its efficiency and transparency. With an accessible minimum trading threshold, both copy and lead traders are able to swiftly venture into novel avenues for generating income, increasing their visibility, and connecting with the broader trading community.
Today, OKX has announced two major updates to the Copy Trading platform. These include a modification in the profit-sharing settlement procedure, thereby enhancing the precision of profit allocation. Moreover, they have also introduced profit-sharing tiers determined by Assets Under Management (AUM).
Through these updates, the platform aims to enhance the accuracy of profit distribution and benefit users. With OKX’s commitment to providing users with the best possible experience, these two modifications seem to have the potential for a widespread impact. From Nitro Spreads to Copy Trading, OKX is bound to offer users enhanced experiences. Now, let’s see how users are going to take on it and what benefits these updates will entail.