Following Now Implemented Into PrimeXBT Mobile App Copy Trading Experience

August 5, 2022
Reading Time: 3 min
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The free PrimeXBT mobile application for Android and iOS smartphones features on-the-go access to the full suite of PrimeXBT trading tools and the Covesting leaderboards and portfolio management.

As part of our commitment to continuously updating and improving all products and services offered by PrimeXBT, we have implemented the ability to follow strategies within the Covesting copy trading mobile experience – a previously unreleased feature.

Here is a closer look at following on the PrimeXBT mobile app, along with a step-by-step guide on how to follow top traders using the award-winning application.

Following Comes To Mobile Covesting Copy Trading

The PrimeXBT mobile app provides exposure to more than 100 different trading instruments across forex, crypto, commodities, and stock indices from anywhere in the world, right from your fingertips. 

Recent updates include the ability to buy crypto, the addition of the exchange tool, an intuitive withdrawal process, and a way to share successful trades online or via social media.

Now, in just a few taps and swipes, Covesting users can begin following top traders ranked within the fully transparent Covesting leaderboards. 

Step-By-Step Guide To Start Following With The PrimeXBT Mobile App

Here is a guide explaining how to easily use the PrimeXBT mobile app to start a new following:

Step 1: To begin a new following, navigate to the Copy-trading section of the app and select the Rating tab at the top. The Covesting global leaderboards will display, along with some filter options, to fine-tune your search.

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Step 2: Next, click on the strategy you are interested in to display the strategy manager’s performance metrics and following page. To activate the following, tap the green Follow button at the bottom of the screen.

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Step 3: Users must now select how much capital to initially apply to the following and can optionally activate a COV token membership by tapping on “Reduce Fee.” Otherwise, read and agree to the Terms and Conditions, then tap the blue Follow button to confirm the following.

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Step 4: Once confirmed, the following will display within the Portfolio tab of the Copy-trading section of the PrimeXBT app. Both active and stopped followings will be shown for tracking and historical accounting purposes. Followers can follow several top strategy managers to build a portfolio positioned for greater profitability and lower risk. To start another following, simply repeat the steps listed above.

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(Optional) Step 5: To “Reduce Fees” users can visit the My COV tab in the Copy-trading section, and either deposit or buy COV, or activate Advanced, Premium, or Elite COV token memberships. COV token memberships eliminate the entry fees on new followings, improve profit shares for followers, and reduce trading fees for strategy managers. 

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Note: The My COV tab also includes detailed information on the COV token itself, such as the circulating and total supply, price and market cap data, and info related to COV token burns. 

Future Update To Introduce Create A Strategy Via Mobile App

PrimeXBT is constantly developing and delivering exciting new updates, platform improvements, and new features. The next major feature PrimeXBT will implement is the ability to create a strategy using the mobile application.

With easier accessibility for traders while on the go, the peer-to-peer Covesting copy trading community is poised for unprecedented growth.

Download The PrimeXBT Mobile App And Start Following Top Traders Today

The feature that Covesting users have been waiting for is finally here. Download the free PrimeXBT mobile application for smartphones today from the Google Play Store for Android devices and the Apple App Store for iOS devices.

Stay tuned to the PrimeXBT blog or other official PrimeXBT channels for breaking news about the latest developments.

Risk Disclaimer
Investing in or trading gold or other metals can be risky and lead to a complete loss of capital. This guide should not be considered investment advice, and investing in gold CFDs is done at your own risk.
The information provided does not constitute, in any way, a solicitation or inducement to buy or sell cryptocurrencies, derivatives, foreign exchange products, CFDs, securities, and similar products. Comments and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time. Moreover, they can not constitute a commitment or guarantee on the part of PrimeXBT. The recipient acknowledges and agrees that by their very nature any investment in a financial instrument is of a random nature and therefore any such investment constitutes a risky investment for which the recipient is solely responsible. It is specified that the past performance of a financial product does not prejudge in any way their future performance. The foreign exchange market and derivatives such as CFDs (Contracts for Difference), Non-Deliverable Bitcoin Settled Products and Short-Term Bitcoin Settled Contracts involve a high degree of risk. They require a good level of financial knowledge and experience. PrimeXBT recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued.

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