
Which cryptocurrencies are most commonly used in copy trading platforms?
Copy trading platforms primarily feature high-liquidity cryptocurrencies to ensure smooth trade execution and minimise slippage. Bitcoin (BTC) and Ethereum (ETH) are the most copied assets due to their market dominance, stability, and widespread adoption. Many lead traders focus on these blue-chip cryptos to attract followers seeking lower-risk exposure.
Major altcoins like Binance Coin (BNB), Solana (SOL), and XRP are also popular because of their strong trading volumes and volatility, which present profit opportunities. Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) occasionally trend in copy trading due to speculative interest, though they carry higher risk.
Stablecoins like USDT and USDC are sometimes included in copy trading portfolios as a hedge against market downturns. Some platforms also allow copy trading in leveraged tokens or derivatives tied to crypto assets.
The selection varies by exchange—Binance Copy Trading, for instance, supports a broader altcoin range compared to eToro, which focuses mainly on BTC, ETH, and a few others. Traders should verify asset availability on their chosen platform before following strategies.
Major altcoins like Binance Coin (BNB), Solana (SOL), and XRP are also popular because of their strong trading volumes and volatility, which present profit opportunities. Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) occasionally trend in copy trading due to speculative interest, though they carry higher risk.
Stablecoins like USDT and USDC are sometimes included in copy trading portfolios as a hedge against market downturns. Some platforms also allow copy trading in leveraged tokens or derivatives tied to crypto assets.
The selection varies by exchange—Binance Copy Trading, for instance, supports a broader altcoin range compared to eToro, which focuses mainly on BTC, ETH, and a few others. Traders should verify asset availability on their chosen platform before following strategies.
Jun 20, 2025 02:08