CoinUp Contract Trading Tutorial

1. Download and install the CoinUp APP:

If you haven't installed the CoinUp APP yet, please download and install the CoinUp APP for Android or iOS according to the previous guide first.

 

2. Register or log in: 

- Open the APP and log in with your account credentials. If you don't have an account, please register a new one first.

 

 3. Enter the copy trading area:

- After logging in, look for [Contract Copy Trading] on the main page and click to enter.

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Risk Warning:

Copy trading involves certain risks, and your funds may suffer losses due to market fluctuations. Please ensure that you understand the risks of copy trading and only use funds that you can afford to lose for copy trading. It is recommended that you fully study the selected traders and set reasonable take-profit and stop-loss points to manage risks before starting copy trading.

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4. Browse the list of traders:

- In the contract copy trading area, you will see a list of traders. These traders will display their historical trading records, yield rates, winning rates, and other information.

 

5. Select a trader:

- Carefully review the profile of each trader and select one that you think is worth following.Click on the trader's name or icon to view detailed information.

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6. View trader details:

- On the trader's detailed page, you can view more about their trading strategies and historical trading information. Ensure that you are satisfied with their trading style and risk tolerance.

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7. Select the type of copy trading:

Choose the type of copy trading you wish to adopt, usually including fixed amount copy trading or proportional copy trading.

Fixed amount copy trading means that after the trader places an order, the system will copy the order according to the number of orders placed by the trader per transaction with the amount you use for copy trading. When the number of orders is insufficient, the maximum number of orders will be placed based on the remaining amount; while proportional copy trading means that after the trader places an order, the system calculates the copy trading proportion according to the proportion of each order placed by the trader to the available balance of the contract, and calculates the number of orders you place each time based on this proportion.

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 8. Set copy trading parameters:

Select the currency: Choose the cryptocurrency or fiat currency you wish to use for copy trading. Set the copy trading amount: Enter the copy trading amount you are willing to invest. Please note that the minimum copy trading amount is 100 U.

Set take-profit and stop-loss: To effectively manage risks, set take-profit and stop-loss points. These parameters will be automatically executed when the set values are reached to protect your funds.

9. Confirm copy trading:

After confirming that all settings are correct, click the [Confirm] or [Start Copy Trading] button. The system will automatically start to copy the trades of the selected trader.

10. Monitor the copy trading situation:

During the copy trading process, you can view the real-time situation of the copy trading in the copy trading area. You can view detailed information of each transaction and the current earnings.

11. Stop copy trading:

If you decide to stop following a certain trader, you can find the option of [Stop Copy Trading] or [Cancel Follow] in the copy trading area at any time. Click and confirm to stop copy trading.

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Through these steps, you should be able to smoothly use the copy trading function of CoinUp and follow excellent traders for trading. Wish you a successful trading!