Tech
OKX Launches Innovative ‘Smart Sync’ Feature in Copy Trading Tool
Leading global Web3 technology company and crypto exchange, OKX, has introduced an enhanced feature in its copy trading tool known as ‘Smart Sync.’ This innovative addition mirrors the trades of lead traders, synchronizing trade parameters such as leverage, margin, and pair settings without the need for manual adjustments.
The Smart Sync feature calculates the percentage difference between a user’s position and account size, automatically applying this percentage to determine the position size for copy trades. This real-time synchronization ensures that copy traders replicate lead traders’ positions accurately and efficiently.
For instance, if a lead trader with an account size of 10,000 USDT places a 1,000 USDT position (representing 10% of the total account size), a copy trader with an account size of 1,000 USDT would copy the trade at 10% of their account size, resulting in a 100 USDT copy trade position size.
OKX’s Copy Trading ecosystem now comprises three modes: ‘Fix Contract Copy,’ ‘Proportionate Ratio Copy,’ and the latest addition, ‘Smart Sync.’ Each mode caters to different trading preferences and risk levels among users, providing flexibility and functionality in copy trading.
As a top partner of English Premier League champions Manchester City FC, and collaborators with McLaren, Olympian Scotty James, F1 driver Daniel Ricciardo, and the Tribeca Festival, OKX continues to lead the way in technological innovations and user-friendly solutions.