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BloFin enhances Copy Trading with automated risk control tools
BloFin has introduced new risk management features for Copy Trading, allowing users to use Trailing Stop and Fixed Amount Stop to automate risk control and manage exposure.
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BloFin has introduced additional risk management tools for its Copy Trading service. According to the broker, users are now able to utilize Trailing Stop and Fixed Amount Stop features to automate risk control and limit exposure in volatile markets.
The update is intended to give Copy Trading followers new options for managing and protecting their copied positions. Further details regarding the implementation or specific usage parameters were not disclosed.
BloFin is a centralized cryptocurrency exchange established in 2019, recognized for its broad selection of digital asset trading options, including over 300 USDT-M perpetual futures contracts, spot trading, and copy trading features. The platform can be accessed via web and mobile app, and it offers an API for trading automation, alongside tools for passive income on idle assets. For more detailed information, read the broker profile on Traders Union.
In an earlier news about BloFin, the broker adjusted tick sizes for multiple USDT-margined perpetual contracts to improve trading precision. For more details, see the previous BloFin update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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