Copy Trading Updates: Overview of the CoinCatch futures copy trading upgrade

CoinCatch Copy Trading Revamp! 🎉 Key Updates in This Release:

• Isolated Position Management: Enhanced capital protection and management, with a separate account for contract copy trading.
• New Copy Trading Mode: Introducing smart proportional copy trading, allowing easy copying based on fund ratios.
• Highly Customizable: Greater customization when copying multiple trading experts.
• Copy Trading Hub 2.0: Improved visual layout, making tracking and profit-taking easier.

Available via Web or by updating the app to Android version 1.14.0 / iOS version 1.14.0 to access the new contract copy trading features.

How to Upgrade Copy Trading:

1. Go to the Copy Trading homepage, click on "User Center," and then select the "Upgrade" button.

2. Click "Next" and review the upgrade details carefully.

3. Please wait 1-10 minutes for the upgrade to complete successfully.

Upgrade Notice:

• Manual Upgrade Required: Go to the Copy Trading User Center and click "Start Now" to initiate the upgrade. All existing copy orders must be closed before upgrading.
• Upgrade Duration: The process takes 1-10 minutes. During this time, trades from trading experts will not be copied, but will resume once the upgrade is complete. Please note:
  • Once completed, you cannot revert to the previous copy trading system.
  • Following the upgrade, coin-margined contract copying will be temporarily unavailable.
• If you were following trading experts with the previous method, these will automatically transfer to the "Diverse Exploration" copy trading mode after the upgrade.
• After the upgrade, the copy trading account will be separate from the contract account. Ensure a balance of ≥10 USDT in the copy trading account promptly to avoid disruptions to contract copying.

 

Upgrade Details:

• Separate Contract Copy Trading Account
  • Main Changes:
    • Users can view copy trading-related assets directly in the new contract copy trading account.
    • Copy trading information will no longer be displayed on the contract trading page.
  • Advantages:
    • Enhanced asset protection: personal contract trading and copy trading are isolated, ensuring that a liquidation in one does not impact the other.
    • Clear visibility of copy trading assets, allowing users to easily track their copy trading balances.
• New Copy Trading Mode: Smart Proportional Copying
  • Main Changes:
    • Users now have two copy trading options:
      • Option 1: The original mode, now called "Diverse Exploration Copying," allows users to follow multiple trading experts from a single capital pool for maximum capital efficiency.
      • Option 2: A new "Smart Proportional Copying" mode, which calculates copy trading costs based on the trading expert's fund ratio. Each expert requires a specific investment amount to follow.
  • Advantages:
    • Users can select either "Diverse Exploration" or "Smart Proportional Copying" mode for each expert they follow.
    • Diverse Exploration maximizes capital usage by allowing users to follow multiple experts with one pool, while Smart Proportional Copying enables precise following of individual experts, allowing for better risk control on a per-expert basis.
• Upgrade of "My Copy Trades" to "Copy Trading User Center"
  • Main Changes:
    • A new Total Performance page has been added, providing an overview of copy trading performance, including overall profit, win rate, and total number of copied trades.
    • Differentiates between "Diverse Exploration Copying" and "Smart Proportional Copying," with detailed data available for each mode.
  • Advantages:
    • Users can view an intuitive summary of total copy trading performance.
    • Access more detailed copy trading data by expert or position in each mode.
    • One-click options for take-profit, stop-loss, and closing positions.