Lead traders: Spot lead trading guidelines

What's spot copy trading?

OKX spot copy trading is a new social investment approach and an important portfolio management tool. We've identified top-performing spot traders whose trades you can automatically duplicate. You'll no longer need to constantly check the market to find the best opportunities. Spot copy trading has no leverage or liquidations, is lower risk, and a more stable investment choice for traders. We offer a wide range of cryptocurrencies to help you benefit from some of the best market depth in the industry. Copy trading includes a mechanism that provides lead traders with up to 30% profit-sharing.

Checklist

How is spot lead trading different from regular spot trading?
How do I start or stop leading spot lead trades?
How to become a spot lead trader？
How to apply: you can apply through the banner on the copy trading page, or directly apply to become a spot lead trader here.
Complete your settings: we'll notify you if your application is approved, after which you can set your lead trade crypto and start leading trades.
Set up your spot trade crypto
How to stop leading spot trades？
Go to My lead trades > Lead trade settings > Stop leading trades
Select Settings to end leading trades
Select your reason and submit your request. We'll contact you with the results within 3 days.
Make sure to sell all spot lead trade assets and cancel any open spot lead trade orders before requesting to stop leading trades.
Select stop leading trades at the lead trade settings

Notes

Assets you buy through spot lead trading will be frozen when you buy it. This is to make sure lead traders don't sell or transfer the assets, or carry out another action that could impact the lead trade. The assets will be unfrozen when you sell. Frozen assets can't be used as margin, transferred, withdrawn, or used for purposes outside of the lead trade. You can check which assets are frozen under My assets.

Unlike regular spot assets, spot lead crypto currently can't be sold by going to Trade > Spot > Sell. You can sell it in one of the following places:

Trade > Lead trades > All lead trades or Spot lead trades

Copy trading > My lead trades > Ongoing