AscendEX has recently introduced an innovative futures copy trading product, which enables users to effortlessly replicate the trading strategies of successful traders, thereby maximizing potential profits. With just one click, users can copy futures, and open positions, and conveniently adjust take-profit and stop-loss levels. Moreover, this feature supports swift onboarding for top traders, who can earn shared profits while actively engaging in trading activities. For a comprehensive understanding of the intricacies surrounding AscendEX’s futures copy trading product, please refer to the following information.

I.       What is AscendEX Futures Copy Trading?

AscendEX Futures Copy Trading is an innovative investment feature exclusively designed for AscendEX futures products, facilitating a mutually beneficial relationship between users and experienced professional traders.

In essence, the Futures Copy Trading feature allows regular users to easily replicate the trading strategies of top traders with a single click. By copying traders, users can automatically eliminate their opening trades and effortlessly enhance their trading profits. Simultaneously, experienced top traders can share their professional investment strategies through the Futures Copy Trading feature, attracting users to follow their trades and earn dividend income. 

II. Overview of AscendEX Futures Copy Trading Functionality 

  1. AscendEX’s futures copy trading currently supports a limited number of futures assets, specifically BTCUSDT and ETHUSDT.
  2. The futures copy trading feature operates on a fixed margin mode. When users open a copied trade, they need to allocate a specific amount as the copy trading fund (collateral). Subsequently, when the system automatically executes opening trades following the selected trader, the orders will are placed using the designated fund amount. The copy trading position size is calculated as Collateral * Leverage.
  3. The futures copy trading function employs a separate mode, allowing users to independently open multiple independent long or short positions based on the trades of the selected trader. Each copy trading position is managed independently and does not merge with other positions.
  4. Users have the flexibility to set and adjust copy trading conditions when following a trader. They can customize the futures asset to copy, copy trading funds, maximum copy trading limit, and take-profit/stop-loss levels according to their strategies.
  5. AscendEX’s futures copy trading incentivizes traders through a profit-sharing model. The initial profit-sharing ratio is set at 10%, which means that traders can earn 10% of the profits generated by their copiers as their income from copy trading.
  6. Profit sharing in futures copy trading occurs in real-time and does not have a fixed settlement period. As soon as a copied position is closed, the settlement process begins.
  7. To ensure efficiency and maintain the quality of futures copy trading, AscendEX’s futures copy trading feature only supports market orders.

III. Advantages of AscendEX’s Futures Copy Trading

1.  Benefits for Traders

1.1  Profit Sharing

Traders have the opportunity to share their investment strategies and generate profits by attracting copiers. They can receive profit up to 10% profit from their copiers, and there is no settlement period. Profit sharing is settled immediately as soon as positions are closed. The potential earnings for traders increase with more accurate trading strategies and a large number of followers. There is no limit to the earnings that traders can achieve through the futures copy trading feature.

1.2  Reach Platform Users and Gain Exposure

By becoming copy traders on AscendEX, individuals gain exclusive access to a vast user base consisting of millions of users. This invaluable opportunity enables them to forge connections and garner exposure to a significant amount of traffic. Traders have the potential to amass a substantial following and establish thriving communities of professional traders, constantly expanding their sphere of influence.

1.3  Official Exclusive Certification

The platform extends a warm welcome to experienced and professional traders who wish to join. Traders who excel in copy trading and exhibit exceptional performance have the opportunity to receive the official exclusive certification, recognizing their achievements and expertise in the field.

1.4  Additional Rewards

In addition to the standard copy trading promotions, the platform also hosts a wide range of events and promotions to engage its users. These features include exciting competitions and challenges in futures trading, which provide participants with an opportunity to showcase their skills and knowledge.

2.  Followers 

2.1  One-Click Copying with Ease

Copying futures trades on the platform is a user-friendly process. Users simply need to choose a trader they wish to follow and specify a fixed copying amount. Once the settings are in place, the system will do the rest. As long as the trader’s futures trades match the user’s copying preferences. This straightforward approach ensures that users can easily replicate the trades of their chosen traders, allowing them to benefit from their expertise and potentially duplicate their results.

2.2  Easily Profit by Following Top Traders

Copying futures trades offers users a convenient way to potentially profit from the market without the need for constant monitoring or complex trading strategies. By simply clicking a button, users can replicate the investment strategies and trading operations of top traders, making it potentially easier to generate profits.

2.3  Flexible Trading Operations and Control Over Profitability

After copying futures trades, users have the flexibility to adjust the copying amount, futures leverage, stop-loss, take-profit, and other settings. They can achieve partial copying, providing them with complete control over the rate of profit generation. Users can also cancel copying at any time, giving them full control over their earnings.

2.4  Rich Strategies from Top Traders

AscendEX’s Futures Copy Trading offers users access to comprehensive and transparent trading data, which serves as valuable information when selecting traders to copy. The trading history of traders is prominently displayed, allowing users to access their past performance and make informed decisions. Moreover, users have access to multiple dimensions of data, providing a wide range of metrics and indicators for reference. This ensures safety, and reliability, and significantly increases the chances of generating higher profits.