Binance Delivers on Community Requests for More Choices with New Funding Rate Arbitrage Bot and Full Availability of Spot Copy Trading

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Delivers,On,Community

Largest crypto exchange now offers more than 120,000 active trading strategies, and over 70% of active Spot Copy Trading Lead Traders have recorded positive P&L

Largest crypto exchange now offers more than 120,000 active trading strategies, and over 70% of active Spot Copy Trading Lead Traders have recorded positive P&LDUBAI, UAE, May 15, 2024 PRNewswire -- Binance, the leading blockchain ecosystem behind the world's largest crypto exchange by trading volume, today announced the launch of Funding Rate Arbitrage Bot and the full roll out of Spot Copy Trading to all eligible users.

Following the successful introduction of Spot Copy Trading to Lead Traders in April, the feature will be fully available to all eligible users from May 15 onwards to follow Lead Traders and replicate their portfolios.Disclaimer: Digital asset prices can be volatile. The risk of utilizing an Arbitrage Bot includes, and is not limited to, that if the direction of the funding rate reverses while employing a futures arbitrage strategy, you may end up paying instead of earning a funding fee.

 

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