Bybit, ranked as the second-largest cryptocurrency exchange by trading volume, is offering Copy Trading for Gold and Forex markets. 

This makes Bybit the first crypto platform to introduce Copy Trading for these traditional asset classes.

Bybit is Expanding Beyond Crypto with Copy Trading

The new feature allows users to replicate professional trading strategies for Gold and Forex directly within their MT5 accounts. 

According to the official announcement, trades can be executed using USDT as collateral. This makes it easier for users to access these markets without needing advanced expertise or prior trading experience.

“The Copy Trading feature allows users to mirror the trades of professional traders automatically, providing a structured approach to navigating the complexities of Gold and Forex markets,” Joan Han, Sales and Marketing Director at Bybit, told BeInCrypto. 

The service includes several tools to enhance trading efficiency and accessibility. Users will gain access to strategies from experienced traders specializing in Gold and Forex markets. 

Additionally, the platform offers features to manage and distribute risk effectively across trading portfolios. With MT5 compatibility, users can execute trades seamlessly while benefiting from support for multi-asset trading.

“it’s a gateway to smarter, more efficient trading in traditional asset markets. It represents a bold step forward in Bybit’s mission to empower every trader with the tools, resources, and opportunities they need to succeed,” Han said. 

Bybit’s growth comes amid significant regulatory hurdles. Last week, Bybit India announce

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Author: Mohammad Shahid