Copy-trading can be a legit way to make money if you pick the right trader to follow. On Bybit, for example, you can copy top traders who have solid strategies and good track records. Basically, whatever they trade, your account does too, so you get to ride their skills without having to be an experRead more
Copy-trading can be a legit way to make money if you pick the right trader to follow. On Bybit, for example, you can copy top traders who have solid strategies and good track records. Basically, whatever they trade, your account does too, so you get to ride their skills without having to be an expert yourself.
But heads up — it’s not 100% risk-free. Even pros can have bad days, and crypto markets are super volatile. So, don’t just throw all your money in blindly. Start small, watch how the trader performs, and make sure you’re comfortable with the risks.
Bybit’s platform makes it pretty easy to find verified top traders with stats and past performance, so you can choose wisely. If you’re smart about it, yeah, copy-trading can be a nice way to earn, especially if you don’t want to spend all day analyzing charts yourself.
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No, Bybit does not allow U.S. customers to use its platform. The United States is among the jurisdictions explicitly restricted by Bybit due to regulatory compliance concerns. Attempting to access Bybit from the U.S., even through methods like VPNs, can lead to account suspension or loss of funds. SRead more
No, Bybit does not allow U.S. customers to use its platform. The United States is among the jurisdictions explicitly restricted by Bybit due to regulatory compliance concerns. Attempting to access Bybit from the U.S., even through methods like VPNs, can lead to account suspension or loss of funds.
Similarly, BitMEX also restricts U.S. users from accessing its services. Both exchanges implement geo-blocking and require Know Your Customer (KYC) verification that excludes U.S. residents .
For U.S. residents interested in cryptocurrency trading, it’s advisable to use exchanges that are compliant with U.S. regulations, such as Kraken, Coinbase, or Gemini.
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