Copy Trading

Copy trading is a popular investment strategy that allows you to replicate the trades of experienced traders automatically. This user manual will guide you through the process of copy trading, explaining the key concepts and steps involved.

Copy trading is a method of mirroring the trades of skilled traders in real-time. By copying their trades, you can benefit from their expertise and achieve similar investment outcomes. Copy trading eliminates the need for in-depth market analysis and allows beginners to participate in the financial markets.

Please follow the instructions below to get started.

Process flow as a Trader

Add API Key:

Login to your Paybito account and go to https://trade.paybito.com/copy-tradinglink.
Click on Add API Key to create API key 1st.

PayBitoPro Copy Trade

Click on the “Create API Key” button and its redirects to the setting page.

PayBitoPro Copy Trade

API key create process:

Step-1: Enter API key name then click on Create button. ( You must have 2 factors on to access this feature).

PayBitoPro Copy Trade

Step-2: Click on the Get Code button, and enter the verification code received in the registered mail, Click on the Get Code button, enter the verification code received in the registered Phone number and Google authenticator code in the Google verification code field, then click on submit.

PayBitoPro Copy Trade

Step-3: Check the permissions which you want then click on save.

PayBitoPro Copy Trade

Step-4: API key generated successfully.

PayBitoPro Copy Trade

API Key Edit Process:

PayBitoPro Copy Trade

Click on the Get Code button, and enter the verification code received in the registered mail, Click on the Get Code button, enter the verification code received in the registered Phone number and Google authenticator code in the Google verification code field, then click on submit.

PayBitoPro Copy Trade

API Key Delete Process:

PayBitoPro Copy Trade

Add API Key:

You can add your API key details by clicking on this ‘Add API Key’ button.

PayBitoPro Copy Trade
PayBitoPro Copy Trade

On API key: To on an API key click on the toggle button under “Status”.

PayBitoPro Copy Trade

Choose My Role:

Users can choose a role from here.

PayBitoPro Copy Trade

My Bots:

Traders can create Bot from this section.

PayBitoPro Copy Trade

Click on the “Create a New Bot” Button.

PayBitoPro Copy Trade
PayBitoPro Copy Trade

Active Bot:

To activate the bot click on the toggle button under “Is Active”.

PayBitoPro Copy Trade

Edit OR Delete Bot:

Users can Pause, Edit and Delete the Bot from this section.

PayBitoPro Copy Trade

MarketPlace:

A marketplace is an online platform that connects traders and investors. It allows traders to showcase their strategies and performance records, while investors can browse and select traders to copy. The marketplace provides tools and features for investors to evaluate traders' performance and risk levels. Once chosen, investors can allocate funds to automatically replicate the trades of the selected trader.

PayBitoPro Copy Trade

Trader API keys and Bots displaying here. Users can search Traders API key and Traders bots by Exchange, Time, Market Type, Trade Quantity etc.

PayBitoPro Copy Trade

There are two sections view Traders and My API sections

View Traders:

In the view Traders sections displayed trader name, followers, Market, Minimum Capital Requirement.

PayBitoPro Copy Trade

My Followers:

My Followers displays the number of investors who have chosen to copy a particular trader. The "My Followers" section typically provides information such as the number of followers, their usernames, and possibly additional details about their investment amounts or performance.

PayBitoPro Copy Trade

Here display the My Followers and My Bot Followers numbers.

PayBitoPro Copy Trade

Manage Copy-Trading:

This refers to the functionality and tools available to traders for monitoring and controlling the copy-trading activities in their accounts. Traders can access a range of features that allow them to manage their copied trades, such as adjusting trade sizes, setting risk parameters, and modifying the allocation of funds to different trades. Managing copy-trading provides traders with the flexibility and control to optimize their copy-trading activities and enhance their overall trading performance.

PayBitoPro Copy Trade

There are two sections Payments Received and Manage Copy-Trading

Payments Received:

Traders can see the subscription payments that have received as a Trader from copy traders who followed you or your bots.

PayBitoPro Copy Trade

Manage Copy-Trading:

Here traders can publish API Keys and trading bots, and trade can Show and hide Marketplace and Copy Traders.

PayBitoPro Copy Trade
PayBitoPro Copy Trade

Publish:

The trader can set Min Capital Requirements and Subscription charges per month for copy traders before it publishes.

PayBitoPro Copy Trade

Process flow as a Copy Trader

Add API Key:

Login to your Paybito account and go to https://trade.paybito.com/copy-tradinglink.

Click on Add API Key.

PayBitoPro Copy Trade

Create API Key

Clicking on this will lead you to the below page.

PayBitoPro Copy Trade

Click on the ‘Create API key’ button. This will open the Settings page of Paybito. You can find the ‘Create API’ section by scrolling down in Settings.

PayBitoPro Copy Trade

Add API Key

You can add your API key details by clicking on this ‘Add API Key’ button.

PayBitoPro Copy Trade
PayBitoPro Copy Trade

Clicking on Submit button will save your API key to the particular market.

You can Edit and Delete your API.

PayBitoPro Copy Trade

Choose My Role

Choose Copy Trader from the options.

PayBitoPro Copy Trade

Marketplace

In this section, you can choose your Traders and their Bots.

PayBitoPro Copy Trade

Trader API Keys

You can search and follow Trader’s APIs and Follow them.

PayBitoPro Copy Trade

Copy Traders can search for a Trader by

Choose the fields and click on Filter to filter your results.

PayBitoPro Copy Trade

Trader Bots

You can find all trader's bots here.

Copy Traders can search for a Bot by

Choose the fields and click on Filter to filter your results.

PayBitoPro Copy Trade

Whom I Follow

PayBitoPro Copy Trade

In this section, users can see the number of Traders and Bots they are following.

PayBitoPro Copy Trade
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