Set up your Copy Trading and Smart Trading account.
The Wall Of Traders Trading Platform is powerful, intuitive and free .
Copy Trading and Smart Trading are the two most popular tools. Account setup is quick and does not require special knowledge. Follow these steps to take advantage of the free use of these multi-trade tools and essential for any Crypto Trader.
Thus, Copy Trading and Smart Trading are 100% free thanks to our entry into the Binance Broker Referral Program . Binance pays us part of the trading fees.
The Smart Trader is someone who has notions of trading and who wants to place simple orders (limit buy, market buy, uphold crypto trading take profit, stop loss …) or more complex orders (trailing, trigger, short, leverage …).
The Copy Trader is the one who wants to delegate the placing of orders to a Trader more experienced than him. Ideally, he spreads his risk among several Traders, for example 50% on Trader A, 30% on Trader B and 20% on Trader C.
You can very well be both in parallel, a Smart Trader and a Copy Trader.
To set up your account for Copy Trading is exactly the same as setting up your account for Smart Trading with a few extra steps .
Creation of a Wall Of Traders account Link a Trade to your Wall Of Traders account Why link an Exchange? Creating a Binance Account Eligible for Free Crypto transfer or Bitcoin purchase Creating an API key on Binance Adding an Exchange to your Wall Of Traders account Choice of capital type copy trade crypto
Trading and Smart Trading Notifications on Telegram Additional steps to set up your Wall Of Traders Account for Copy Trading View Traders Results Check your Exchanges and Cryptos Copy Trading of a Free Trader or a Paid Trader Allocate a % of your Capital to the Trader Choose an automatic copy trading mode Define a copy trade crypto
Trading Strategy (optional)
Creation of a Wall Of Traders account.
You will receive a registration confirmation email. In this email click on the "CONFIRM MY EMAIL" button. In some mailboxes this button does not work, so copy and paste the link at the bottom of the email into a new tab.
If you have not received this email, look in your Spam folder . Flag the message as non-spam to make sure you receive subsequent emails, including the very informative tutorial.
You are then redirected to Wall Of Traders and copy trade cryptocurrency a success message informs you that your account has been created. You will then receive the tutorial email.
Log in to your Account with the defined email and password.
Link a Trade to your Wall Of Traders account.
Why link an Exchange?
As Wall Of Traders is not an exchange but an intermediary, we do not hold your cryptocurrencies . It’s more secure for you. And we can’t impose any hidden charges : no tax on your profits, no deposit or withdrawal fees, no spread. This is why you need to link your account to one or more Exchanges where your cryptocurrencies are stored, the most used being Binance. This is essential for Copy Trading as well as for Smart Trading.
Your crypto currencies are and remain in your account of your Exchange platform. To create trades, Wall Of Traders connects to the Exchange platform using an API key . You can link Binance, Binance Margin, Binance US, Kraken, Huobi, Bittrex, Bitfinex, or Bitmex.
Creating a Binance Account Eligible for Free.
To have free Smart Trading and Copy Trading on Wall Of Traders, you must use a Binance account that was created after March 2020 without a referral link in private navigation, and not empty. If this is not your case, simply create a new Binance account with a different email address and transfer your cryptocurrencies to it. It takes a few minutes. You don’t need to verify your identity (KYC) if you don’t withdraw more than 2 BTC per day.
Create a new Binance account in private navigation. Make sure the "Referral ID" field is empty . Please note that some browsers provide it by default; this field must then be deleted.
Crypto transfer or Bitcoin purchase.
If you need to transfer cryptos from one Binance account to another , we recommend to read the tutorial whose link is at the end of this article.
If you want to buy cryptocurrency , you can do so directly on Binance.
These links are also accessible at the top left of the Binance page by hovering over "Buy Crypto".
Creating an API key on Binance.
Go to the API key creation form on Binance. You can also access it by hovering the mouse over the user icon at the top right, and clicking on "API management".
At the top in the "Give the API key a label" field, enter the name you want to give to this API key, for example "Binance Wall Of Traders". Click on "Create".
Enter the requested double authentication code and the code received by email. Well done you have created the API key! Check "Can Read" and "Enable Spot & Margin Trading" BUT NOT "Enable Withdrawals" . To allow Wall Of Traders to place orders, "Unrestricted" must also be checked.
The two important data to copy are "API Key" and "Secret Key". It is these two codes that you will paste in the fields of the page for adding an Exchange to your Wall Of Traders account, in the step just below.
Adding an Exchange to your Wall Of Traders account.
Go to the Add Exchange form. Select the type of Exchange (e.g. Binance), enter a name for it, choose the type of Capital (read the step just below) and paste the API Key and the Secret Key you have just copied from Binance.
If you check "Paper wallet", the Trades created will be fictitious.
Choice of capital type.
The type of Capital allows you to allocate all of your Cryptos or a part to the Trading platform. Let’s see two examples.
If you select " Use Exchange balance as Capital" , then your Account will be updated every hour or with each order placed. It takes into account the dollar value of all of your Cryptos owned on that Exchange. If you place an order at 5% on this Exchange, an order at 5% of this Dynamic Capital will be created. So if your Trade is winning, your Dynamic Capital will be a little bigger for the next Trade.
If you select " Define a fixed capital", then the same amount will always be taken into account for the creation of the Trades via Smart Trading or Copy Trading. For example if you only want to allocate $ 1000 of Capital, and if a 5% order is placed, a $ 50 order will always be placed on the Trade.
Copy Trading and copy trading crypto app Smart Trading Notifications on Telegram.
Wall Of Traders can send you Telegram Trading Notifications, for all trades that you create yourself with Smart Trading or Copy Trading tools.
Telegram has more than 400 million active users worldwide. It is a secure messaging app that looks like WhatsApp. On Telegram it is possible to create Bots; Wall Of Traders’ Telegram Notifications Bot is one of them.
So start by installing Telegram on your mobile . You will be notified as soon as an order goes through your account, at home, in transport, at the office or on vacation, without having to log into your computer or the trading platform.
On a browser, in Desktop version on your computer or in a mobile application, Telegram will send you Trading Notifications wherever you are:
-the Trade begins.
-a Take Profit or Stop Loss has been reached.
-a Limit Order is created on the Exchange.
-the Trade is Panic Sell.
With each time the % of gain or loss.
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