Copy Trading Feature On Binance Futures Lets Subscribers Mirror Seasoned Traders

Social trading platform Alpha Impact introduced copy trading for Binance BNB/USD futures, with the platform now being recognized as an official broker partner.

This announcement is timely, considering the growing interest in digital assets and their future potential, a topic that will be extensively discussed at the upcoming Benzinga's Future of Digital Assets conference on Nov. 14.

Alpha Impact CEO and founder Austin Chaird expressed his enthusiasm about the new feature, emphasizing the platform's commitment to serving both novice and expert traders.

"Our copy trading feature is a cornerstone of this mission, and we couldn't be happier that this feature is rolling out to Binance futures," Chaird said.

The platform's monetized traders can now make their Binance USD-M and SPOT portfolios available for copy trading. This allows subscribers to mirror the trading strategies of seasoned traders in real time, a crucial advantage in the dynamic world of futures trading.

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The copy trading functionality for USD-M portfolios will replicate the trader's positions on a trade-by-trade basis, initiating each with a predetermined amount.

In response to its growing user base in South and Southeast Asia, Alpha Impact is also rolling out multi-language support.

Beginning with Bahasa for its Indonesian audience, the platform plans to introduce several other languages shortly. Chaird highlighted the platform's rapid expansion in regions like Indonesia, the Philippines, Vietnam, India, and Bangladesh.

He noted the increasing engagement of Millennials and Gen-Z crypto traders, indicating a bright future for the widespread adoption of digital assets and associated services like copy trading.

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