Trading intelligence platform Crypto Signals has launched a new copy trading feature on Bybit, enabling investors to mirror the strategies of experienced and professional traders.
Coming as part of its recently announced partnership with the cryptocurrency derivatives exchange, Crypto Signals' latest feature aims to widen access to successful trading strategies, ensuring that it isn't only whales who benefit from early mover advantages.
However, Crypto Signals and Bybit are limiting available copy trading slots to only 400 at this early juncture, meaning that investors looking to get ahead of the market will have to act quickly.
But with a headline return on intvestment of 400% and a success rate of 90%, investors who are fortunate enough to grab themselves a slot should find that their trading becomes noticeably more profitable.
For the average retail investor, the cryptocurrency market can be daunting at the best of times.
One reason for this is that, unlike traditional stock markets, crypto never sleeps, with big price moves potentially occurring at any point in the 24-hour cycle.
This means that many traders can wake up to find their portfolios have taken a plunge overnight, with many unable to forego sleep in order to keep up with the latest twists and turns.
Then there's the notorious volatility of crypto, with the market often reacting disproportionately to nearly every single piece of information emerging from news outlets and social media, moving from lows to highs and back again in relatively short spaces of time.
But as intimidating as such an environment can be for retail investors, there are tools to help them improve the success rate of their trades, and Crypto Signals' new copy trading feature on Bybit is the
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