What is copy trading in crypto?

What Is Copy Trading in Crypto?

Copy trading means your account automatically copies the trades of another trader (or a strategy). You allocate funds to copy them; when they buy or sell, your account does the same. It can help beginners follow experienced traders but has downsides: past performance does not guarantee future results, the copied trader may take more risk than you want, and there can be fees or delay. Only copy traders whose approach and risk you understand. In India, copied trades are still your trades for tax; you are responsible for reporting.