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BloFin has launched Coin-M Copy Trading, allowing users to use BTC as collateral and manage copy trades in a dedicated account on the web platform. The feature enables participants to follow trading strategies or apply as Lead Traders under new account requirements.
BloFin has introduced Coin-M Copy Trading on its web platform, allowing users to use BTC and other cryptocurrencies as collateral for copy trading in coin-margined instruments. The new feature offers two modes of participation: users may either apply as Coin-M Lead Traders, subject to account requirements and application via support ticket, or act as Copiers allocating capital to follow strategies listed by Lead Traders.
Coin-M Lead Traders can earn up to 20% profit share from eligible copiers, with this addition supplementing rather than replacing existing copy trading services. The service is currently accessible only through the web interface, and existing Lead Trader accounts cannot be used for Coin-M; a new main account is required for participation as a Lead Trader.
BloFin is a centralized cryptocurrency exchange established in 2019, offering diverse opportunities in digital asset trading and investment. Key features include access to over 300 USDT-M perpetual futures contracts, spot and copy trading, flexible investment options for passive income, and tools for automated trading via API. To learn more, you can visit the broker profile on Traders Union.
For background, an earlier news about BloFin reported on the launch of a charting feature allowing users to draw horizontal lines for marking key price levels and trading targets. You can read more in the previous BloFin update on Traders Union.