Copy Binance Leaderboard: Copy trading with Wall Of Traders

Copy Binance Leaderboard traders – Crypto-currency trading on the Binance Leaderboard can be a lucrative business, but it can also be very risky if you don’t have the necessary skills. Fortunately, there are platforms like TradingView that allow you to copy successful traders and follow their trading strategies. In this article, we’ll explain how to copy Binance Leaderboard traders using Wall Of Traders.

Table of Contents

Create a Wall Of Traders account

The first step in copying traders from the Binance Leaderboard is to create a Wall Of Traders account. To do so, go to the login page and fill in the registration form. Once you’ve created your account, you’ll be directed to your dashboard.

Create an API key on Binance

The second step is to create an API key on Binance. To do this, follow these steps:

a) Make sure you have done the intermediate verification with ID on Binance.

b) Make sure the Futures account is not empty.

c) Create an API key by going to the Binance API management page.

Make sure that the following parameters are correctly configured:

Activate forward contract’ is checked
Allow withdrawals is NOT checked
Restrict access to trusted IP addresses only (recommended) is checked. The API key is only authorized for the following IPs separated by a space. You can copy and paste the following line: 54.38.230.54 145.239.120.101 147.135.182.132

Link your API key to your Wall Of Traders account

The third step is to link your API key to your Wall Of Traders account. To do this, go to the add an exchange page and paste the API key and Secret key you created on Binance.

Choose a trader on the Binance Leaderboard

The fourth step is to choose a successful trader from the Binance Leaderboard. To do this, go to the Binance leaderboard and select the trader you wish to copy. In the URL of the chosen trader’s page, after “UID=”, copy the text. For example, for the URL https://www.binance.com/en/futures-activity/leaderboard/user/um?encryptedUid=DB884A60163B755AA5A7A53DD0AF29CB, the UID is DB884A60163B755AA5A7A53DD0AF29CB

Add the trader to your Wall Of Traders account

The fifth step is to add the trader to your Wall Of Traders account. To do this, go to the Traders page and enter the trader’s UID as Trader Reference. Then click on “ADD TRADER” and choose the position size you wish to copy (100% to copy the same position size, 50% to copy trade amount for half, 200% to double, for example).

Copy as many traders as you like

You can copy as many traders’ positions as you like onto the Binance Leaderboard using Wall Of Traders. However, it is important to be cautious and to manage risks properly. It’s also advisable not to copy traders’ positions who have an aggressive trading strategy or who have high volatility in their trading history.

It’s important to remember that copying traders is no guarantee of profits, and that past performance profitable traders is no guarantee of future results. So it’s important to do your own research on trade, and understand the risks involved in copying traders before you start using Wall Of Traders.

Conclusion

Wall Of Traders is a powerful tool for those looking to copy the successful traders on the Binance Leaderboard. By following the simple steps described in this article, you can easily set up your account and start copying the best traders here of your choice. Nevertheless, it’s important to understand that copying traders involves risks and does not guarantee profits. Make sure you do your own research and understand the risks before you start doing trades using Wall Of Traders.

Ultimately, the key to successful trading is risk management and the ability to make informed decisions. Copying traders’ trades can be a useful tool for those looking to diversify. But it should not be used as a stand-alone, automated trading strategy. With a prudent approach and good risk management, trader copy can be a useful part of your overall trading strategy.

Check out our new articles on cryptocurrencies! : “Binance Leaderboard API: What is it?“, “Copy Binance Futures Leaderboard: WOT, the tool for traders“, “Leaderboard Binance: How to Follow the Best Trades” and “Binance Futures Leaderboard: how to trade safely“.