The PrimeXBT development team is constantly working on improvements to all of its products and services, from our award-winning trading platform to our smartphone application and everything in between.
Since the release of the smartphone app, we have been on a mission to bring all of the platform’s most popular and relied-on competitive advantages to the mobile experience. Given the complexity of many of the tools we provide the trading and investing community, converting powerful experiences into mobile-friendly can prove to be an enormous challenge.
We are proud to announce that one of the mobile app’s most anticipated features –– the ability to create a copy trading strategy and manage strategies using the app – is now live for iOS and Android users.
Introducing Copy Trading Strategy Management To The PrimeXBT Mobile App
Over the past several weeks, we have introduced an exchange tool, a more intuitive withdrawal process, crypto buying with a credit or debit card, and much more to the mobile experience.
The latest innovative feature to be brought to the mobile app from the main browser version of the platform is the ability to create and manage copy trading strategies. Previously, the only way to set up a new strategy manager account or manage existing strategies was to log into the browser-based platform.
iOS and Android smartphone users now have access to this cutting-edge copy trading feature for the very first time, at the tips of their fingers and just a few taps away.
How To Create A Strategy Using The iOS And Android App
To create a strategy, users must navigate to the My Strategies tab of the Copy-trading section of the app.
To create a new strategy, tap the “+” icon in the upper-right hand corner of the iPhone screen, then follow the necessary steps:
- Select the strategy denomination currency. Users can choose between BTC, ETH, USDT, USDC, and COV.
- Choose a name for your strategy. Include something that is eye-catching or briefly indicates what your strategy is about.
- Provide a description of your strategy. Write a short summary about the strategy, its goals, risk management strategies used, trading indicators, and more to give potential followers as much intel as possible about the strategy.
- Input a starting capital amount. A minimum deposit of 0.01BTC or equivalent is required to become a strategy manager.
- Optionally, users can add links to social media networks for followers to learn more about the trading behind the strategy. Users can also join the Telegram chat.
- Complete the process by tapping “next.” After reviewing all of the supplied information, tap “Create new strategy” to finish.
Users will next be redirected back to the My Strategies tab, where the newly created strategy will be listed alongside any pre-existing copy trading strategies. For more assistance on creating a copy trading strategy, please visit the Help Center topic on the subject.
How To Manage Copy Trading Strategies
Managing an existing copy trading strategy is just as simple. By navigating to the My Strategies tab of the Copy-trading section of the mobile app, users can review a detailed breakdown of each strategy’s performance and choose from various strategy management options.
Here are some of the available strategy management options:
- Tap on a strategy to open the individual strategy management page. Here, users can review a plethora of performance metrics, such as total profit, active days, equity, followers, star rating, and much more.
- Editing the strategy description is possible by clicking on the edit icon. Users can also add social media links or make changes to existing profile URLs.
- Add a deposit or withdraw funds from the strategy in just a tap. If you are looking to top off the account or take some profits off the table, this is the way.
- Alternatively, users can elect to close out the strategy. Closing a strategy will close out any open positions and distribute profits to followers accordingly.
Once you are ready to begin trading with the selected strategy, visit the account section and tap on the “trade” button. For more assistance on managing a copy trading strategy, please visit the Help Center topic on the subject.
Download The PrimeXBT Smartphone Application Now Or Update The Mobile App
To access copy trading Strategy Management for mobile devices, you must download the free PrimeXBT mobile app from the Apple App Store for iPhone or the Google Play Store for Android. If you already have downloaded the app, check for the latest update and tap install.
We are committed to continually improving the award-winning mobile app and the rest of our products and services, so stay tuned to official PrimeXBT channels or the PrimeXBT blog for more information and announcements when new features are ready in the future.
Risk DisclaimerRisk warning: Our products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. If you do not understand the risks involved, or if you have any questions regarding our products, you should seek independent financial and/or legal advice if necessary. Past performance of a financial product does not prejudge in any way their future performance.
