How to Copy Trades on Coinmatics - A Comprehensive Guide

How to Copy Trades on Coinmatics – A Comprehensive Guide

As cryptocurrencies become more popular, most people are considering venturing into crypto trading in the hopes of earning higher profits than in the traditional markets. However, many new crypto traders are not equipped with the required skills to close profitable trades. But this doesn’t mean that they should keep off the crypto markets. Instead, they should embrace copy trading, a technique that allows novice traders to follow the trades of traders with sufficient crypto trading experience.

Several cryptocurrency trading platforms, including Coinmatics, facilitate copy trading. This guide demonstrates how to replicate the trades of professional traders on Coinmatics. Read on to learn more.

About Coinmatics

Coinmatics was launched in 2018 by a team of seasoned traders. It is a crypto trading platform that allows users to trade on multiple supported exchanges using advanced trading bots. The Coinmatics team promises to continue upgrading the platform to give users an optimal trading experience.

According to data on its website, Coinmatics is headquartered in Tórtola, Spain. The company has raised millions of euros from various investors since its launch.

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How to Sign Up With Coinmatics

Before Coinmatics lets you use its copy trading platform, you must register an account by following these simple steps:

1. Go to and click “Get Started.”

2. Enter your email and press “Continue.”

3. Next, enter the OTP sent to your email address and provide a password.

4. Read and tick the checkbox for terms and conditions.

5. Click “Create an Account” to complete the signup process.

How to Copy Trades on Coinmatics

Here is how you can copy trades on Coinmatics:

1. Open and verify a Binance account.

2. Fund the account with at least $50.

3. Use the account’s API key to connect to Coinmatics.

4. Next, go to Coinmatics’ copy trading platform and choose a lead trader.

5. After picking your ideal trader, click “Subscribe” on their profile to allow them to use your Binance account balance to open trades in the exchange’s spot markets.

It is worth mentioning that if you want to copy trade with a capital of more than $1,000, you must pay Coinmatics a subscription fee, which starts from $15 per month.

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