How to Use BYDFi Smart Copy (PC)
The Smart Copy mode is a fully automated feature provided by BYDFi that allows you to follow traders’ strategies. With Smart Copy, you can automatically place orders based on the trader’s investment proportion, while synchronizing leverage, margin, and position management settings. This guide explains the operation process, advantages, and common questions of Smart Copy, helping you follow trades easily while managing risk.
What is Smart Copy?
Smart Copy is a new copy trading mode where the system automatically calculates the amount to invest based on the trader’s capital proportion and replicates the trader’s order parameters. Each time a position is opened, the system calculates the copy order amount according to the trader’s margin and account equity, and automatically sets the leverage, margin mode, and other order parameters.
Unlike the Diverse Follow copy mode, Smart Copy does not share a single Copy Wallet among multiple traders. Each trader’s positions are independent. Even if the positions are in the same trading pair and direction, multiple positions can be opened.
Example:
- Trader’s account equity: 10,000 USDT
- Investment: 1,000 USDT, 5× leverage, full position long BTCUSDT perpetual contract
- Capital proportion: 1,000 ÷ 10,000 = 10%
If your copy investment amount is 1,000 USDT, the system will automatically invest 100 USDT (10%) as the copy position cost, using the same leverage and mode.
Smart Copy supports one-click copy trading by only setting the investment amount. You do not need to configure complex parameters; the trader manages position risk and profit throughout the process.
Advantages of Smart Copy
- One-click copy: Simply enter the investment amount to start copying; no complex settings required.
- Smart investment with synchronized risk management: Orders are placed automatically according to the trader’s investment proportion. Leverage and margin mode remain consistent, and the trader helps manage risk and profit.
- Position isolation: Each trader followed generates an independent sub-account, keeping positions separate and unaffected by each other.
- Capital isolation: Managed separately from Diverse Follow copy wallets, ensuring dedicated funds and avoiding excessive leverage risk from multiple traders sharing the same funds.
How to Start Smart Copy
1. Choose a trader
Browse or search for the trader you are interested in, and click “Copy” on their profile page.
2. Select copy mode
On the copy trading setup page, select “Smart Copy” mode.
3. Select Smart Copy wallet
Smart Copy can use accounts other than the Copy Wallet as the source of funds.
4. Set copy trading parameters
- Investment amount (USDT) (required): Specify the funds for following the trader. The minimum copy amount is determined by the trader’s settings. The funds will be isolated in your trading account.
- Copy contract: Select the trading contract to follow.
- Risk control: Set take-profit, stop-loss, maximum follow quantity, and slippage ratio.
- Margin mode and leverage adjustment: Automatically synchronize the trader’s leverage and margin mode.
- Auto copy: Enable to automatically follow the trader’s new contracts.
5. Confirm copy trading
Click “Follow Now” and confirm the information to start copying.
View and Modify Copy Settings
View copy trading details
Go to “My Copy Trades” to see current and historical copy profits, positions, and changes in investment amounts.
Modify copy settings
In My Copy Trade→ My Traders, click “Edit Copy Trading” to adjust the investment amount, modify stop-loss, or cancel following.
💡 Reminders
- Smart Copy fully relies on the trader’s strategy and position management. Please choose traders carefully.
- The minimum copy amount is determined by the trader’s settings.
- All leveraged trades carry risk. Please manage positions and risk tolerance reasonably.