Binance, the largest cryptocurrency exchange, has launched a transaction copying feature for its futures products. Now users of the site will be able to copy trades of popular and experienced traders.
The function itself is quite standard and known from other platforms – experienced traders trade on their accounts, and on the accounts of users who subscribe to the trader’s strategy, automatically open and close similar deals, taking into account the difference in capital. But as Binance officials emphasized, the exchange is constantly reviewing its products to meet the requirements of regulators in various countries. However, the site’s dominance continues to decline.