Copy Trading Guide for Copy Traders

I. Introduction to Copy Trading Modes

Currently, VOOX Copy Trading supports two copy trading modes: Fixed Amount mode and Fixed Ratio mode. Below is a brief introduction to both modes.

    1. Fixed Amount Mode

In the [Fixed Amount] mode:  copy trader invests a fixed amount in each copied position, and the user can set the amount for each trade.

For example, if a copy trader sets the single-copy amount to 10 USDT and the total copy amount to 1000 USDT, then every time the lead trader opens a position, the copy trader will invest 10 USDT until the total copy amount limit of 1000 USDT is reached. This means the user can hold a maximum of 1000/10 = 100 copied orders simultaneously.

Fixed Amount mode is simple and easy to understand, making it suitable for beginners to get started quickly while also meeting the copy trading habits of most users.

    2. Fixed Ratio Mode

In the [Fixed Ratio] mode:  The copy order amount is automatically calculated and proportional to the lead trader’s order cost.

The copy ratio is determined by the lead trader’s order proportion:

Copy Ratio = Lead Trader’s Order Amount / Lead Trader’s Total Assets.

For example, if the lead trader’s available margin balance is 1000 USDT and the order amount is 100 USDT, the copy ratio is 100/1000 = 0.1. If a copy trader uses 500 USDT to copy the portfolio, the order amount for this trade will be 500 * 0.1 = 50 USDT. If the lead trader adds to the position, the copy trader’s order amount will be recalculated based on the updated copy ratio.

II. Selecting a Lead Trader

There are two ways to choose a lead trader: browsing the VOOX Copy Trading Plaza or actively searching for a lead trader of interest.

1. Browsing the VOOX Copy Trading Page

Click [Copy Trading], then select the lead trader card you are interested in from the [Copy Trading] section. Click the [Follow] button to proceed to the copy settings.

2. Actively Searching for a Lead Trader

In the [Copy Trading] section, click the search icon and enter the full nickname of the lead trader you are interested in. Once found, click the [Follow] button to proceed to the copy settings.

III. Copy Trading Parameter Settings (Must-Read for Copy Traders)

Currently, VOOX copy trading parameters consist of three main modules: Copy Mode Selection, Copy Amount, and Copy Pair Settings. Below is a detailed introduction to these settings.

1. Copy Mode

Choose between Fixed Amount mode and Fixed Ratio mode. The default mode is Fixed Ratio mode, but users can select according to their needs.

2. Copy Amount

• Fixed Ratio: The copy amount refers to the total assets allocated to follow the lead trader. The maximum/minimum copy amounts may vary for different lead traders.

• Fixed Amount: The copy amount refers to the total assets allocated to follow the lead trader, while the single-copy amount refers to the investment amount for each copied position.
• For example, if a copy trader sets the single-copy amount to 10 USDT and the total copy amount to 1000 USDT, every time the lead trader opens a position, the copy trader will invest 10 USDT until the total limit of 1000 USDT is reached (i.e., a maximum of 1000/10=100 copied orders).

3. Copy Pairs

Select the trading pairs to copy based on personal risk preferences.

Reminder: After completing the copy settings, check the copy agreement and click [Confirm].

IV. Canceling Copy Trading

Go to the [Current Copy Trades] page under [Details] in [My Copy Trades], then select the leard trader you wish to unfollow.

Disclaimer:

This product is only a tool for copy trading. Copy trading involves risks, and past performance is not indicative of future results. Please fully understand the risks involved and operate cautiously according to your risk tolerance.