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OKX Launches Copy Trading Competition in Türkiye

Daniela Kirova
Daniela Kirova
Daniela Kirova
Author:
Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.
July 11th, 2023
  • Challenges include aiming for the highest win rate, contribution to new copier growth
  • OKX will feature the winners prominently on all of its social media channels

Leading crypto exchange and Web3 tech company OKX is launching a copy trading competition in Türkiye to select the best Lead Traders for its Copy Trading product, Bankless Times learned from a press release.

The competition will start on July 17 and continue until August 11. Lead Traders taking part in the OKX Türkiye Championship will face several challenges. A maximum of 15 champions will be selected. Challenges will include aiming for the highest win rate, the biggest contribution to new copier growth, and profit vs. loss percent growth.

Champions will be promoted on social media

OKX will feature the winners prominently on all of its social media channels, improving their chances of being selected as a Lead Trader on OKX Copy Trading.

Bringing real value to users

The exchange is bringing all copy trading users real value through the purposefully demanding competition. Its focus on trading performance attracts the most skilled traders on the market and enhances the overall positive results of its lead traders.

The exchange’s Chief Commercial Officer Lennix Lai commented:

Our goal is to continue growing our copy trading product globally, starting with Türkiye, which has one of the most vibrant crypto ecosystems. In the coming months, we plan to enable copy trading for spot markets, providing our users with even more opportunities to follow high-performing lead traders and replicate their strategies.

Copying strategies across 100+ trading pairs

OKX Copy Trading will enable users to get updates on their moves in real time, follow the best-performing lead traders, and copy trading strategies across over 100 trading pairs. More pairs are coming soon.

The platform allowed users to view transaction histories, portfolio breakdowns, profit and loss, and the risk levels of high-performing traders in May last year.

Daily profit sharing – up to 13%

Finally, the platform gives experienced and professional traders a great way to make money off their trading strategies. They get a daily sharing ratio of up to 13% of the profits they help their followers make when they become Lead Traders on OKX.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.