HTX to Launch Copy Trading Feature of Following Multiple Traders
- Important Announcement
Dear HTX Users,
To enhance your trading experience, HTX is slated to launch the new futures copy trading feature allowing you to follow multiple lead traders on July 31, 2024. With this feature, you can use the same fund pool to follow multiple traders, improving your capital efficiency. By copying the trades of multiple traders, you can diversify your trading strategies and better seize market opportunities.Please update your HTX app to the latest version to access them.
I. How to Check Information of My Followed Traders
You can navigate to the Copy Trading page > Me > My Traders to view the information of traders you are currently following and followed in the past. If you want to change your copy trading settings under a trader, tap the edit icon next to the trader for modification. The update will take effect when the trader places their next order.
Ongoing: You can view the information of traders you are following.
History: You can check the information of traders you once followed.
1. You can follow up to 10 traders at once. When the limit is reached, you cannot follow a new trader.
2. When following multiple traders, the assets in your Copy Trading account will be shared as it is under the cross margin mode. This could lead to over leveraging and increase the risk of your assets in the account. To reduce the risk, it is recommended that you maintain sufficient assets in your Copy Trading account, allocate assets reasonably, and choose appropriate leverage (like below 20x).
3. Following multiple traders comes with risks. If a trader makes a wrong decision, it could affect the positions you copied from other traders. To mitigate this risk, it is recommended that you set up stop-loss as needed.
Thank you for your continued support!
HTX Team
July 31, 2024
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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.