Bybit, the second-largest cryptocurrency exchange by trading volume, has introduced Copy Trading for Gold and Forex markets, becoming the first crypto platform to do so. This feature allows users to replicate professional trading strategies for these traditional asset classes using their MT5 accounts. Bybit aims to make it easier for users to access these markets without needing advanced expertise or prior trading experience. The platform also offers tools to enhance trading efficiency and manage risk effectively. Despite regulatory challenges in India and France, Bybit is actively seeking regulatory approval in other European Union countries and aims to obtain a MiCA license in Austria. In November, Japan's FSA issued a formal warning to Bybit for operating without proper registration. However, these challenges have not stopped Bybit from expanding its offerings, and the introduction of copy trading features represents a significant expansion for the exchange.
Content Editor ( beincrypto.com )
- 2025-01-21
Bybit Becomes First Exchange to Offer Copy Trading for Gold and Forex Markets
