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The Covesting copy trading module on PrimeXBT has become a staple for crypto investors and traders seeking to harness the full power of the global trading community. Pro traders get an added income stream and a venue to verifiably show off their skills, while newcomers can copy trade and piggyback on the combined experience of experts from around the world.
Copy trading sounds complex but is a lot more simple to set up than most would expect. To clear up any remaining concerns about getting started with Covesting, we have put together this step-by-step guide on how to copy top traders using the award-winning PrimeXBT margin trading platform.
To put it plainly, PrimeXBT is a powerhouse. The platform is packed with professional tools like leverage, long and short positions, stop-loss protection, built-in technical analysis software, and more. Traders can build a risk-averse and highly profitable portfolio using more than 100 different trading instruments. The list of assets includes forex currencies, crypto, commodities, and stock indices.
The margin trading platform also features weekly trading competitions, an educational website, yield accounts, and access to the Covesting copy trading module. The copy trading module was developed by a licensed fintech software development firm from Europe bearing the same name as the tool.
Covesting copy trading consists of a fully transparent global leaderboard system, and two types of accounts split into strategy managers and followers. Strategy manager accounts have performance tracked and are ranked by ROI within the leaderboards so followers can view metrics and make informed
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