CandleFocus Crypto Exchange Woo X Introduces Copy Trading, With a Twist
2024-09-09
Author: Content Editor
Cryptocurrency exchange Woo X has introduced an enhanced version of copy trading, which allows users to emulate the market activities of seasoned traders. The existing copy trading model had issues such as misaligned incentives and unsustainable returns, leading Woo X to make improvements. The platform aims to reduce the pressure on lead traders to outperform by introducing a countertrade feature. Woo X conducted extensive research to address user concerns, including misleading returns and being shilled by lead traders. The enhanced copy trading feature introduces a higher profit threshold to protect users and ensure profits are only shared with lead traders when portfolios are genuinely profitable.
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