What's Smart Sync on spot copy trading?
Smart sync is a copy trading mode that lets you automatically sync your asset allocation for each spot order with the lead trader. When a lead trader buys crypto, a ratio between the amount they buy and their trading account equity is calculated. This is then applied to your total investment to determine how much you buy.
Example: If a lead trader has 10,000 USDT in their trading account and buys 1,000 USDT worth of BTC — equivalent to 10% of their equity — you’ll automatically place a corresponding buy order. If your total investment is 1,000 USDT, your buy order will be for 10% of that, or 100 USDT.
To copy trade with smart sync, all you need to do is set your total investment. You don’t need to configure any other settings for your copy trade. The lead trader manages risk and profit, letting you more efficiently get returns from your copy trades.
How does Spot Smart Sync enhance traditional copy trading?
Traditional copy trading often follows order-by-order, which can lead to inconsistent returns. Spot Smart Sync focuses on position ratios, meaning it replicates the overall position of lead traders, leading to more consistent and accurate returns.
What are the benefits of using smart sync?
Copy with one click: just set a total investment and start copy trading. You don’t need to set any other settings.
Invest smarter and align risk: your asset allocation is synced with the lead trader, letting them help you better control risk and manage profit and loss (PnL).
Isolate funds: your funds will be kept separate from manual trading, helping you avoid your personal trades and copy trades affecting each other.
Who can benefit from Spot Smart Sync?
New Traders: ideal for beginners who want to engage in trading without the need for deep market knowledge.
Experienced Traders: provides flexibility through customizable parameters, enabling more control over trading strategies.
How do I start using Spot Smart Sync?
Find a trader you’re interested in and select Copy on their profile
Set your copy mode to smart sync
Set your copy trade settings
Total investment (USDT) (Required): Set aside funds to be exclusively used for your copy trade (minimum 100 USDT).
Buy existing assets: You can view the lead trader’s profile to see what assets they’re holding and decide if you want to use this feature.
Note: if you turn this feature on, you’ll buy any spot lead assets the lead trader is currently holding at market price. If you leave it off, you’ll only purchase new assets that the lead trader buys.Total stop loss for trader: This setting lets you define the maximum amount you’re willing to lose across all trades under a lead trader. If your cumulative losses reach this amount, you’ll automatically stop copying the lead trader, and any held assets will be handled according to the action you set.
Select Copy and confirm the copy trade details to finish your trade setup
How do I view trade details and edit my settings?
Go to the copy trading homepage and go to My copies. You can view details and copy trading PnL for the lead trader’s ongoing and historical trades
Under My trades you can find the lead trader whose copy trade settings you want to edit. Go to Copy trade details to view detailed data of your copy trades, including copy trading PnL, changes to your total investment, and ongoing and previous trades
Under Copy trade details, select Settings to go to the copy trade settings page. You can adjust your total investment and total stop loss, and also stop copying the lead trader
FAQ
Why is Spot Smart Sync a beginner-friendly mode?
Spot Smart Sync removes the complexities of trading, allowing users to:
Easily copy top-performing traders.
Achieve consistent returns by following expert strategies.
Benefit from simplified, automated trading without needing extensive experience.
What devices can I use Spot Smart Sync on?
Spot Smart Sync is available across multiple platforms, including:
Mobile app (iOS & Android)
Web
What's the difference between ‘Custom Copy’ and ‘Smart Sync Copy’?
Custom Copy: allows users to manually adjust parameters like stop-loss and take-profit levels.
Smart Sync Copy (default): automatically mirrors the lead trader's strategy and positions without manual adjustments, making it easier for users to trade effortlessly.
Can I adjust the amount I want to invest?
Yes, users can modify their investment amount and adjust their exposure to each trade. The system will calculate the investment based on the trader's equity and the available balance in your account.
What happens if the lead trader stops trading?
If a lead trader terminates their trading strategy, your virtual sub-account will automatically stop following them, and your funds will be transferred back to your main trading account.
How are profits shared?
Spot Smart Sync follows a profit-sharing model. When the trader makes a profit, a percentage of the profit is shared with the lead trader, and the remaining is credited to your account.
Is there a risk management system in place?
Yes, Spot Smart Sync includes built-in risk control mechanisms. The platform evaluates position ratios and controls the order size to reduce exposure when necessary, ensuring that your risk matches the trader’s profile.
Can I manually stop following a trader?
Yes, you can stop following a trader at any time. Once you terminate the copy relationship, your funds will be returned to your trading account, and no further trades will be placed on your behalf.
What happens if the trader’s position ratio changes?
Spot Smart Sync continuously monitors the lead trader’s position ratios and adjusts your trades accordingly to ensure alignment, maintaining consistency in returns.
Are there any fees associated with Spot Smart Sync?
While copying trades, users might be subject to standard trading fees and a profit-sharing fee if the lead trader generates profits.
What happens if my available balance is insufficient?
If your available balance is insufficient for a trade, the system will either place a minimum order or prompt you to transfer more funds to your account.
I’m already copying a lead trader. Can I change these copy trades into smart sync trades?
We currently don’t support switching copy mode for existing trades. Instead, you can stop copying a lead trader, and copy them again using smart sync.
Why are my buy price and sell price different to the lead trader?
When using smart sync, if you copy an order for a trading pair you’re already holding, the trades will be merged, and the buy price for the assets will be recalculated accordingly. Other common reasons for price differences are:
If you've turned on Buy existing assets, you’ll purchase some assets at a different time to the lead trader, which will result in price differences.
Some copy trade orders may fail, which will result in a different average buy or sell price. You can view the reasons here.
Due to price fluctuations or factors like market depth, your buy and sell prices may differ slightly from the lead trader.
Why is the amount I buy higher or lower than the lead trader?
In smart sync copy trading, asset allocation for your trades is proportionate to the lead trader. If the lead trader has a large amount of funds in their trading account, but places an order with a small amount, copy traders will buy assets with a smaller amount. If your total investment is low, and your trade amount is lower than the minimum on our platform, your trade amount may be increased to meet the minimum requirements, leading to it being higher.
Why are my smart sync assets marked as in use? How do I release them?
When you set your total investment for a copy trade, your funds will be specifically allocated to the lead trader. Therefore, these funds will be marked as in use, and can’t be used in other ways. You can decrease your investment to release some funds, or stop copying a trader and sell all copy trade assets to release all of your funds.
The lead trader has already sold some of their assets. Why haven’t I sold my copy assets?
If you copy a lead trader but don’t use the Buy existing assets feature, when the lead trader sells those assets, you won’t copy their sell order.