NEWSROOM

Technology company OKX, which is one of the world's largest crypto platforms by trading volume and plays a leading role in building the future of the Web3 ecosystem, has announced that it will hold a buy-sell competition starting from Turkey to determine the Best Leading Traders for its Copy Trading product. Translated into Turkish as copying a transaction, copy trading refers to an approach that allows many people to make the same transaction by copying the transactions of successful crypto money investors.

Leading traders participating in the OKX Turkey Leader Trader Championship will participate in various competitions in the championship, starting on July 17th, and will fight to become one of the 15 champions. The championship includes criteria such as the highest increase in the number of Copy Traders, the growth in the P&L (profit and loss) ratio and the win rate.

As a reward, the champions will be announced on OKX's social media accounts and promoted through all channels. This will increase their chances of being selected as a “Lead Trader” on the OKX Copy Trading platform.

Through this tough competition, OKX aims to add value to all Copy Trading users. By focusing on trading performance in this competition, OKX not only enables its lead traders to achieve better overall results but also becomes a centre of attraction for the most skilled traders in the market.

“With this championship, we aim to continue to grow our Copy Trading product globally, starting with Turkey, which has one of the most vibrant crypto ecosystems,” said Lennix Lai, OKX Chief Commercial Officer (CCO). In the coming months, we plan to enable the Copy Trading function for spot markets as well, giving all our users more opportunities to follow high-performing lead traders and copy their strategies.”

On OKX's Copy Trading platform, users can follow high-performing leading traders, monitor their activity with real-time updates, and copy their trading strategies from more than 100 trading pairs. Since May 2022, OKX Copy Trading also allows users to view portfolio distributions, trading histories, P&L ratios and risk levels of high-performing traders.

The OKX Copy Trading product also offers experienced and professional traders the opportunity to profit from their trading strategies. Joining OKX's lead traders can earn additional income from the profits they help their followers achieve by performing high, with a daily profit share of up to 13%.

Those who want to participate in the OKX Turkey Leader Trader Championship, which will start on July 17 and end on August 11, need to register until July 17.