Copy Trade
Copy Trade
The Copy Trade feature on RaidenX enables users to automatically mirror the trading strategies of selected wallets. Designed for simplicity, it’s perfect for users who prefer following proven strategies or leveraging the expertise of experienced traders.
Step-by-Step Guide to Use Copy Trade on RaidenX:
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Access Copy Trade
Navigate to the RaidenX website and click on the "Copy Trade" button in the top menu bar.
Step 2: Configure your copy trade:
- Choose Your Wallet: Select the wallet from which you want to execute copy trades.
- Enter the Target Wallet
- Input the wallet address you wish to copy.
- You may optionally assign a name to this wallet for easier identification. If not, the system will generate a random name.
3. Configure your Copy buy
RaidenX provides three types of Copy Buy modes:
- Buy Fixed: Copy trades using a fixed amount that you specify (up to a maximum buy limit).
- Buy Exact: Replicates the target wallet’s buy order using the exact same amount.
- Buy Percent: Mirrors buy orders as a percentage of the amount used by the target wallet.
4. Configure Copy Sell: Adjust the percentage of tokens you wish to copy from sell orders.
Step 3: Copy Trade Settings (Optional):
You can fine-tune your copy trading behavior using the following options:
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Max Buy: Maximum amount allowed for a single buy order
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Min LP Copy: Minimum liquidity threshold required to copy a trade
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Min MC Copy: Minimum market cap required to trigger a copy trade
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Max MC Copy: Maximum market cap limit for eligible tokens
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Slippage Limit: Set a maximum slippage tolerance for executing copied trades
After entering your preferences, click "Save Settings" to confirm your configuration.
Step 4: Start Copy Trade
Once setup is complete, click "Start Copy Trade". A confirmation popup will appear to notify you that your Copy Trade order has been successfully placed. Your active copy trade will now be listed in the "List Wallets Copying" section.
Pause or Delete a Copy Trade Order: At any time, you can pause or delete an active Copy Trade order using the Pause or Delete button found on the right side of the List Wallets Copying screen.
