What is Crypto Copy Trading Software? Seven Best Platforms

eToro is one of the original social trading platforms, having started with traditional finance markets. They also offer it for crypto. Their CopyTrader features allows users to easily copy successful trader’s strategies. Simply choose the traders you want to copy, decide on the amount you wish to invest, and copy everything they do automatically, and in real-time. You can copy up to 100 traders on eToro, with multiple customizations available within CopyTrader. This includes only copying new trades, copying all trades, pausing a copy, and even putting a stop loss on it. With a variety of ways to copy trade crypto, while also being able to do traditional markets, eToro is quite popular.

One of the most popular options to copy BTC traders, PrimeXBT offers copy trading for all users. Professional traders can easily monetize their skills by allowing others to copy their strategies on PrimeXBT. More followers helps earn traders more money they can make from profitable trading. New traders can bypass the pitfalls of learning markets and instead copy-trade successful traders. Copy trading with PrimeXBT provides access to a wide range of markets such as cryptocurrencies, stocks, forex, and commodities. All of these markets are also accessible via the free PrimeXBT mobile trading app.

CryptoHopper is an extremely popular crypto trading bot. One of the features on CryptoHopper is called Mirror Trading, which is like copy trading crypto. Essentially you can mirror, or copy, the trading strategies of expert traders. You can buy their templates, strategies, or signals. Templates include their selection of coins, configuration settings and more, they are usually offered as a compliment to strategies. Strategies are designed and screened by approved traders and are a collection of technical indicators and parameters that will dictate a bot’s buying and selling decisions. Signals are a notification of a possible hot coin, meaning you can pay to have a third-party tell you when a coin is worth investing in. On CryptoHopper you can take any of these aspects and apply them to your bot.

An exchange with an enormous selection of crypto assets and trading pairs, Gate.io has recently introduced Copy Trading. This allows traders to copy other users’ trading strategies. In exchange for letting their strategies be copied, the trader gets a 5% piece of the profit you get from their strategy. This is a cascading effect, with no limit on the number of commissions you can receive. Gate provides a leaderboard of successful traders by profitability, trending, and more.

Bitget is another exchange-copy trading hybrid that was originally based in Singapore but now has offices all over the world. The site offers numerous cryptocurrency pairs and with leverage trading also available. Perhaps the only downside of Bitget is that it’s crypto-only so you won’t be able to fund your account with fiat currency.

Shrimpy is a crypto trading bot that is focused on portfolio management. One of the features is Social Trading. On Shrimpy, Social trading cryptocurrency is done in two ways: leading and following. Leaders are the ones who create and make their strategy accessible. Other traders can then choose to pay (amount varies by Leader) to follow that user’s strategy. When the leader makes a change to their portfolio, all followers’ portfolios copy that move. There is a leaderboard which shows the most successful leaders, making it easy for new users to pick a winning strategy from existing ones.