OKX Announces Profit-Sharing Feature Updates on its Copy Trading Product
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OKX has announced updates to its profit-sharing feature on its Copy Trading product. The changes aim to more accurately reflect the contributions of Lead Traders and provide a better experience for users.
The updates include two modifications:
- An adjustment to the profit sharing settlement process, which will improve the accuracy of profit distribution
- The implementation of profit sharing levels based on Assets Under Management (AUM)
Since May of 2022, OKX Copy Trading has allowed users to view the portfolio breakdowns, transaction histories, PnL and risk levels of high-performing traders. Through OKX Copy Trading, users can follow high-performing lead traders, receive real-time updates on their latest moves and replicate trading strategies across more than 100 trading pairs, with more coming soon.
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OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
The OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
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