🟡Copy Trading

Copy trading on Citronus CEX is designed to provide users with a unique trading tool that offers different benefits for beginners and experienced traders.

For Beginners

The copy trading feature makes it easy for beginners to enter the world of cryptocurrency trading, allowing them to invest without any special skills or knowledge. Users can select traders and start copy trading strategies in two clicks:

• Ease for Beginners: Users with minimal experience can start earning simply by selecting professional traders and copying their strategies. Users can choose a master based on their profitability over the last period, number of followers, percentage of successful trades, and so on. This reduces the risk of poor trading decisions and allows users to learn in the process.

• Transparency & Control: All trading actions of successful traders are fully transparent to followers. Users can track results in real time and manage copying (pause or adjust the strategy at any time). Additionally, if a trader starts to deviate from their planned strategy, users can protect themselves by setting stop loss and taking profit orders.

• Risk Diversification: By using copy trading, users can balance risks by copying the trades of multiple traders. This distributes investments and reduces the impact of negative decisions from a single trader on the overall portfolio. Additionally, the ability to follow traders with different strategies and trading styles helps diversify investments and enhance overall resilience to market fluctuations.

For Copy Masters

Copy trading on Citronus offers copy masters a powerful platform to showcase their expertise, optimize their strategies, and build a loyal following:

• Analytics Block for Copy Masters: Citronus enhances the copy trading experience by providing masters with comprehensive analytics, including follower trading results (PnL, trade volume, etc.) and data on user acquisition channels, helping them identify the best strategies to attract subscribers. This improves strategies, boosts follower outcomes, and fosters transparency and trust.

• Live Streaming for Follower Engagement: Citronus offers a live streaming feature that allows copy masters to attract new followers organically by sharing their trading insights and strategies in real time. This makes it easier for copy masters to grow their follower base and showcase their expertise.

Thus, copy trading on Citronus serves as a powerful tool for simplifying trading and expanding opportunities for a broader audience.