Copy Trader
Copy Traders can securely link their exchange account to League of Traders by registering an API key. They can then choose to automate their trades by Copying the trades that are executed by the Copy Leader of their choosing. This feature allows for efficient and seamless replication of trading strategies, enabling the user to mirror the Copy Leader’s position and actions in real-time.
League of Traders uses encryption to safely store API keys and other important data. Additionally, Traders have the ability to configure their API key permissions through their exchange to customize the level of access League of Traders can have to their data. By implementing these security measures, League of Traders prioritizes the protection of user data, ensuring a safe and reliable environment for Copy Trading.
Copy Trading Fee
Copy Traders are required to pay a commission fee of 30% on profits generated through Copy Trading. However, this fee is only applicable to Copy Trades that yield profits. In other words, traders can start Copy Trading for free without any upfront charges.
Payment
League of Traders has an integrated wallet system for every user. This wallet system operates similarly to most centralized exchanges. If there is a balance in the wallet that can cover Copy Trading fees, the payment for that transaction will be automatically processed. In case the wallet balance is insufficient, an invoice is issued. When payments for this invoice are completed on time, users will be able to continue using this service without any interruptions to Copy Trading functionality.
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