3 best crypto copy trading software (Crypto Social Trading)

Do you want to make money from Crypto trading?

And like many others, you are just a beginner in the world of crypto trading. Well, you don’t need to be disappointed as copy trading platforms are here for your rescue. This is one of the easiest ways for anyone to piggybank on the skills of experienced traders and make a passive income. Of course, it comes with the inherent risk of trading, but with a disciplined approach, and by regularly finding top crypto traders, you can definitely ace the game of crypto copy trading.

Name Copy Trading Trading Terminal Bots Supported Exchanges Pricing
eToro Own exchange 5% for withdrawals
PrimeXBT Own Exchange Performance fees
Shrimpy Binance, Bitfinex, Bittrex, KuCoin

Coinbase pro, Gemini and more

$19/month
3Commas Binance, Bybit, Bitmex and more Variable plans

But, What the heck is Copy trading?

Copy-trading is copying the trading strategies or trades of someone else. Usually, it is experienced traders who are constantly generating more profit than losses. While we are at it, you should know that Copy trading is also known as social trading or mirror trading. Essentially, they all are one of the same things.

This copy trading software’s automate buying and selling of crypto assets by mitigating the original trades of professional traders. You as a user only need to deposit an initial capital which could be as low as $50, select an expert trader on one of these cryptocurrencies social trading platforms, and from here on everything will be automated.

  • People who are beginner prefers copy trading method as this way they can rely on the expertise of experienced traders.
  • Copy trading could be automated or could be manual. It is much better when it is automated.

If you are a pro-trader, you can offer your service via these social trading platforms and earn a profit when people copying your trades make a profit. The best part; everything is automated and you would be a sort of acting like a hedge fund.

Now there is no end to the number of platforms that offer copy-trading (social trading), but like always I will make your search easier by suggesting only the best copy trading platforms. So buckle up to learn something new and start earning from trading even when you have no prior experience of trading.

Best Crypto Social Trading platforms to use for Profit:

1. eToro Copy Trading feature:

eToro social trading is quite popular among beginners who are looking to start with copy trading feature. eToro deals in various markets including cryptocurrencies and the first thing you need to do is get an account here.

Once you have activated your account, inside your dashboard select “Copy people” and select “Crypto” under the “who invests in” tab. See the below screenshot for a better understanding:

There are various filters to help you find a trader whom you can copy. My recommendation is to look for a trader who is giving consistent returns over a long period, ex: 12 months.

Hovering over any profile would give you more details about the traders, and this is useful to understand the trading style of a specific trader.

You can further click on any profile to see their detailed stats which include performance over time, their existing portfolio. Once you have found the trader you wish to copy, simply click on copy and you would be asked to add the funds.

Do note that there is a feature called “Stop copying” which is similar to “Stop-Loss” feature, and helps you save yourself when things go south.

Once everything checks out, simply move ahead and deposit funds. You can deposit funds on eToro via various methods, including PayPal.

With expected valuations of $10.4 billion, and the company going public soon through a blank-check company, eToro is an ideal choice for any new investor looking to leverage social trading for extra gains.

Start Social Trading on eToro

2. PrimeXBt Covesting:

Covesting is a social trading platform which is not directly integrated with PrimeXBT that is another upcoming exchange. This union helps you to enjoy the power of social trading directly inside PrimeXBT exchange. PrimeXBT also offers a trading terminal as well, that you can use to make trades other than social trades.

Like eToro, PrimeXBT lets you trade Bitcoin, S&P 500, Gold, EURUSD, and 50+ assets. With the Covesting social trading feature, you can choose among best-performing strategies and automatically copy their trading activity to get the same returns. And if you are an experienced trader, you can earn up to 20% of all profits earned by your followers.

Getting started with the PrimeXBT Covesting feature is simple and here is how to go about it:

  • Create an account on PrimeXBT (No KYC required at the time of writing)
  • Fund your account using any of the accepted cryptocurrencies. (USDT, ETH, BTC, USDC, COV). My suggestion is to use BTC, as most of the copy traders are using BTC as a funding mechanism.
  • Select Covesting from the top menu bar, and use filters to find an ideal trader to copy.

You can click on any name to see more stats about their profile. Here you will find all information you need to pick a professional trader, such as performance stats, manager equity (The amount of own money the trader has put in), followers equity, Win ratio, description of the trader, and the profit distribution.

Once you have found a trader that you wish to copy, click on follow and enter the amount you want to start with copy trading.

  • Note: You can use the COV token to reduce the entry fees.
  • Note: Please be informed that following a strategy using the Covesting module involves the risk of capital loss. Following a strategy could result in a partial or complete loss of your funds, therefore, you should not operate with funds you cannot afford to lose.

Overall PrimeXBT Covesting platform is one of the top social trading platforms out there, and something you as a beginner might like to start with.

3. Shrimpy Social Trading:

Shrimpy is an automated tool to manage your portfolio, and also offers a social trading feature that is quite popular. You can automatically copy the top crypto traders using Shrimpy. I have discussed Shrimpy earlier here.

Shrimpy offers both free copy trading and premium copy trading. Premium leader fees are additional fees that are charged for following a leader. Each leader can charge these extra fees for following one of their portfolios. The premium leader fees are charged by Shrimpy on a monthly basis. The two different fees that leaders can charge include “Performance Fees” and “Assets Under Management Fees”.

Shrimpy is available as a subscription model, and the cheapest plan is only $19/month.

What I like about the Shrimpy is the social aspect of it. The leaders here are more open for communication, and many of them do maintain the trading journal which gives more transparency to their trades.

Shrimpy is a cryptocurrency social trading platform, and let you copy trades from top traders on the following exchanges:

  • Binance
  • Coinbase
  • Kraken
  • Bitfinex

and a few more crypto exchanges.

To use the Shrimpy social trading feature, you need to connect your favorite exchange to Shrimpy using the API feature. If you have never done this before, watch the below video to understand how to generate the API key for Binance and then connect to Shrimpy or similar platforms.

Once you have connected your exchange to Shrimpy, head over to the social feature. Filter the leaders based on the Exchange and their performance.

You can click on any of the leaders to see more details about their strategy, performance, allocations, and other vital details that would help you choose the right leader to copy for social trading.

Once you have found a reliable leader to follow, click on follow leader and allocate a portion of fund to start copy trading.

Conclusion: Best Crypto copy trading platforms

As the cryptocurrency market maturing, we can expect more similar platforms. However, for now, these are the best social trading platforms you could use to copy trades from the top traders.

If you are looking for a single recommendation, I would suggest you to start with PrimeXBT Covesting as it offers some great data and has a proven track record. eToro is also quite popular, which you can explore along with PrimeXBT.

I would keep updating this resource to help you updated with the top platform for social trading, but for now, I have a few questions for you:

  • How’s your experience with Copy trading?
  • What are the pros/cons of social trading?
  • What measures do you take to minimize the risk when copying the trade of others?

And, last but not the least;

  • Which other platforms are you using for social trading?

Does Binance offers social trading feature?

At the time of writing this resource, Binance does not offers the social trading feature. However, they do offer a future leaderboard and it may have this feature enabled soon.

Harsh Agrawal is the Crypto exchange and bots expert for CoinSutra. He founded CoinSutra in 2016, and one of the industry’s most regarded professional blogger in the fin-tech space.

An award-winning blogger with a track record of 10+ years. He has a background in both finance and technology and holds professional qualifications in Information technology.

An international speaker and author who loves blockchain and crypto world.

After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.

Join us via email and social channels to get the latest updates straight to your inbox.

3 Best Crypto Copy Trading Softwares (Cryptocurrency Social Trading)

Do you want to make money from Crypto trading?

And like many others, you are just a beginner in the world of crypto trading. Well, you don’t need to be disappointed as copy trading platforms are here for your rescue. This is one of the easiest ways for anyone to piggybank on the skills of experienced traders and make a passive income. Of course, it comes with the inherent risk of trading, but with a disciplined approach, and by regularly finding top crypto traders, you can definitely ace the game of crypto copy trading.

Name Copy Trading Trading Terminal Bots Supported Exchanges Pricing
eToro Own exchange 5% for withdrawals
PrimeXBT Own Exchange Performance fees
Shrimpy Binance, Bitfinex, Bittrex, KuCoin

Coinbase pro, Gemini and more
$19/month
3Commas Binance, Bybit, Bitmex and more Variable plans

But, What the heck is Copy trading?

Copy-trading is copying the trading strategies or trades of someone else. Usually, it is experienced traders who are constantly generating more profit than losses. While we are at it, you should know that Copy trading is also known as social trading or mirror trading. Essentially, they all are one of the same things.

This copy trading software’s automate buying and selling of crypto assets by mitigating the original trades of professional traders. You as a user only need to deposit an initial capital which could be as low as $50, select an expert trader on one of these cryptocurrencies social trading platforms, and from here on everything will be automated.

  • People who are beginner prefers copy trading method as this way they can rely on the expertise of experienced traders.
  • Copy trading could be automated or could be manual. It is much better when it is automated.

If you are a pro-trader, you can offer your service via these social trading platforms and earn a profit when people copying your trades make a profit. The best part; everything is automated and you would be a sort of acting like a hedge fund.

Now there is no end to the number of platforms that offer copy-trading (social trading), but like always I will make your search easier by suggesting only the best copy trading platforms. So buckle up to learn something new and start earning from trading even when you have no prior experience of trading.

Best Crypto Social Trading platforms to use for Profit:

1. eToro Copy Trading feature:

eToro social trading is quite popular among beginners who are looking to start with copy trading feature. eToro deals in various markets including cryptocurrencies and the first thing you need to do is get an account here.

Once you have activated your account, inside your dashboard select “Copy people” and select “Crypto” under the “who invests in” tab. See the below screenshot for a better understanding:

There are various filters to help you find a trader whom you can copy. My recommendation is to look for a trader who is giving consistent returns over a long period, ex: 12 months.

Hovering over any profile would give you more details about the traders, and this is useful to understand the trading style of a specific trader.

You can further click on any profile to see their detailed stats which include performance over time, their existing portfolio. Once you have found the trader you wish to copy, simply click on copy and you would be asked to add the funds.

Do note that there is a feature called “Stop copying” which is similar to “Stop-Loss” feature, and helps you save yourself when things go south.

Once everything checks out, simply move ahead and deposit funds. You can deposit funds on eToro via various methods, including PayPal.

With expected valuations of $10.4 billion, and the company going public soon through a blank-check company, eToro is an ideal choice for any new investor looking to leverage social trading for extra gains.

2. PrimeXBt Covesting:

Covesting is a social trading platform which is not directly integrated with PrimeXBT that is another upcoming exchange. This union helps you to enjoy the power of social trading directly inside PrimeXBT exchange. PrimeXBT also offers a trading terminal as well, that you can use to make trades other than social trades.

Like eToro, PrimeXBT lets you trade Bitcoin, S&P 500, Gold, EURUSD, and 50+ assets. With the Covesting social trading feature, you can choose among best-performing strategies and automatically copy their trading activity to get the same returns. And if you are an experienced trader, you can earn up to 20% of all profits earned by your followers.

Getting started with the PrimeXBT Covesting feature is simple and here is how to go about it:

  • Create an account on PrimeXBT (No KYC required at the time of writing)
  • Fund your account using any of the accepted cryptocurrencies. (USDT, ETH, BTC, USDC, COV). My suggestion is to use BTC, as most of the copy traders are using BTC as a funding mechanism.
  • Select Covesting from the top menu bar, and use filters to find an ideal trader to copy.

You can click on any name to see more stats about their profile. Here you will find all information you need to pick a professional trader, such as performance stats, manager equity (The amount of own money the trader has put in), followers equity, Win ratio, description of the trader, and the profit distribution.

Once you have found a trader that you wish to copy, click on follow and enter the amount you want to start with copy trading.

  • Note: You can use the COV token to reduce the entry fees.
  • Note: Please be informed that following a strategy using the Covesting module involves the risk of capital loss. Following a strategy could result in a partial or complete loss of your funds, therefore, you should not operate with funds you cannot afford to lose.

Overall PrimeXBT Covesting platform is one of the top social trading platforms out there, and something you as a beginner might like to start with.

3. Shrimpy Social Trading:

Shrimpy is an automated tool to manage your portfolio, and also offers a social trading feature that is quite popular. You can automatically copy the top crypto traders using Shrimpy. I have discussed Shrimpy earlier here.

Shrimpy offers both free copy trading and premium copy trading. Premium leader fees are additional fees that are charged for following a leader. Each leader can charge these extra fees for following one of their portfolios. The premium leader fees are charged by Shrimpy on a monthly basis. The two different fees that leaders can charge include “Performance Fees” and “Assets Under Management Fees”.

Shrimpy is available as a subscription model, and the cheapest plan is only $19/month.

What I like about the Shrimpy is the social aspect of it. The leaders here are more open for communication, and many of them do maintain the trading journal which gives more transparency to their trades.

Shrimpy is a cryptocurrency social trading platform, and let you copy trades from top traders on the following exchanges:

and a few more crypto exchanges.

To use the Shrimpy social trading feature, you need to connect your favorite exchange to Shrimpy using the API feature. If you have never done this before, watch the below video to understand how to generate the API key for Binance and then connect to Shrimpy or similar platforms.

Once you have connected your exchange to Shrimpy, head over to the social feature. Filter the leaders based on the Exchange and their performance.

You can click on any of the leaders to see more details about their strategy, performance, allocations, and other vital details that would help you choose the right leader to copy for social trading.

Once you have found a reliable leader to follow, click on follow leader and allocate a portion of fund to start copy trading.

I know a few of CoinSutra readers who are using Shrimpy for social trading, and they are pretty happy about it. However, I found the interface to be not as simpler as what PrimeXBT Covesting offers, but that could be just my point of view.

Conclusion: Best Crypto copy trading platforms

As the cryptocurrency market maturing, we can expect more similar platforms. However, for now, these are the best social trading platforms you could use to copy trades from the top traders.

If you are looking for a single recommendation, I would suggest you to start with PrimeXBT Covesting as it offers some great data and has a proven track record. eToro is also quite popular, which you can explore along with PrimeXBT.

I would keep updating this resource to help you updated with the top platform for social trading, but for now, I have a few questions for you:

  • How’s your experience with Copy trading?
  • What are the pros/cons of social trading?
  • What measures do you take to minimize the risk when copying the trade of others?

And, last but not the least;

  • Which other platforms are you using for social trading?

Does Binance offers social trading feature?

At the time of writing this resource, Binance does not offers the social trading feature. However, they do offer a future leaderboard and it may have this feature enabled soon.

Reviews Atani – Trade from the comfort of your desktop

The cryptocurrency world is exciting, and there are a plethora of crypto exchanges out there, which makes our task of crypto management tougher. This is where a trading terminal that connects with multiple exchanges comes as a time savior.

Today, you will learn about Atani which is one popular desktop based trading terminal that anyone can use it for free.

What is Atani:

Atani is a trading app that lets you trade on multiple crypto exchanges (22+) from a single app. You can trade like a pro with advanced orders: Stop Loss, Take Profit, OCO, and more. Atani is fully non-custodial, and they don’t have access to your funds or API key. The app connects with a crypto exchange using the API key. In the further section of this review, I have shared how to use the Atani app.

ATANI was founded between London, Madrid and Barcelona in 2019 by Paul and Haydée Barroso to address the frictions and inefficiencies associated with navigating the crypto ecosystem. Paul and Haydée are not only siblings, but also early investors in crypto.

They got into Bitcoin in 2013 and have been actively involved in the ecosystem ever since. Over the years, they have experienced the whole roller-coaster of emotions of the crypto market and have suffered first-hand the growing pains and frustrations that go hand in hand with managing crypto, trading on multiple exchanges, using different crypto-related services, interacting with decentralized protocols, or dealing with taxes.

They could not understand why it was so complicated to invest in crypto, and the lack of better alternatives drove them to build their own solution. That first platform was the genesis of ATANI, and now they are on a mission to deliver the best crypto experience ever and share it with the world.

Features of Atani:

Before we look into the walkthrough of Atani, let’s have a look at some benefits and features of Atani.

  • Desktop app: Atani is available for all popular desktop operating system, and they do have watch only mobile app as well.
  • Trading Terminal: You can trade on over 20+ exchanges using Atani app.
  • Real-time Price Alert: You can set price alerts to get notified via push notifications, SMS, email or call. This is a golden nugget for serious traders.
  • Non Custodial: The platform is non-custodial, and API keys are encrypted and stored locally on your device leveraging military-grade encryption (AES-256). In the unlikely event that Atani gets hacked, attackers would not be able to access your funds.
  • Tax reporting: Atani automatically analyzes the history of spot trades at connected exchanges and generates an audited tax report that can be downloaded in just one click.
  • Free: At the time of writing this review, Atani is completely free to use. In the future, they plan to introduce a freemium model (ex: Spotify).

How to start using Atani?

Getting started with Atani is simple, and you need to download their app from the downloads page.

Once you have installed the Atani app, create an account and you will be greeted with this screen. You can connect with your existing exchange or simply add those whose market data you want to see.

After selecting the exchange, click on next. At this stage, you can either connect with your exchange using an API key or you can do that later.

If you are new to API keys; you should check out this video to understand how to create an API key on Binance exchange. The process is more or less the same for other exchanges:

Once you have generated an API key, simply add the API key for the specific exchange in the settings, and you should be able to use the trading feature.

You can always connect your exchanges later on by going to the exchanges tab. This is ideal for curious users who want to check out the terminal of Atani before connecting with their exchange.

Next is to select the tax report’s settings, where you need to select your country of tax residency, and it will fetch all the past transactions to generate the tax report.

Click on next, and you will access the Atani trading terminal. Now, before you take your first trade, I recommend you to go to settings > Security > Backup Device sync and create a backup of the code.

You can use your backup code to use ATANI on multiple devices (sync your accounts) and to recover your account if you can’t access Atani (broken or lost computer, reboot…). It allows you to make a device sync.

Note: You can always toggle between Dark theme and light theme from settings.

Interface of Atani:

Atani interface is easy to get started for a beginner and a pro user.

On the left side, you could see the currency pairs, and you can mark them favorite to see your favorite pair under the favorite tab. The chart is powered by our favorite TradingView, so now you have one less website to navigate when using Atani.

The portfolio tab is where you can see your past trades and all open trades. Here you will also be able to generate tax reports. Though in my limited experience of Atani, I believe the portfolio tab could be improved, and closed/open trades should get a separate tab altogether. By clicking on exchanges, you can connect with any of your favorite exchanges for trading or just to see the chart.

Now on the right side, you will have quick access to your portfolio. You can see a consolidated portfolio or you can select an individual exchange to see the portfolio on that.

Below that you have the option to take a trade. There are various advanced order types are available, which would make your trades more profitable.

Here you will also be able to see your open trades, and you can make quick changes according to changing conditions.

Overall, Atani would help you save time between switching from one exchange to another for taking trades and help you bring everything within one app. Especially for those who are looking to trade from their desktop, Atani is a splendid solution.

Atani Review – Trade From Comfort Of Your Desktop

The cryptocurrency world is exciting, and there are a plethora of crypto exchanges out there, which makes our task of crypto management tougher. This is where a trading terminal that connects with multiple exchanges comes as a time savior.

Today, you will learn about Atani which is one popular desktop based trading terminal that anyone can use it for free.

What is Atani:

Atani is a trading app that lets you trade on multiple crypto exchanges (22+) from a single app. You can trade like a pro with advanced orders: Stop Loss, Take Profit, OCO, and more. Atani is fully non-custodial, and they don’t have access to your funds or API key. The app connects with a crypto exchange using the API key. In the further section of this review, I have shared how to use the Atani app.

ATANI was founded between London, Madrid and Barcelona in 2019 by Paul and Haydée Barroso to address the frictions and inefficiencies associated with navigating the crypto ecosystem. Paul and Haydée are not only siblings, but also early investors in crypto.

They got into Bitcoin in 2013 and have been actively involved in the ecosystem ever since. Over the years, they have experienced the whole roller-coaster of emotions of the crypto market and have suffered first-hand the growing pains and frustrations that go hand in hand with managing crypto, trading on multiple exchanges, using different crypto-related services, interacting with decentralized protocols, or dealing with taxes.

They could not understand why it was so complicated to invest in crypto, and the lack of better alternatives drove them to build their own solution. That first platform was the genesis of ATANI, and now they are on a mission to deliver the best crypto experience ever and share it with the world.

Features of Atani:

Before we look into the walkthrough of Atani, let’s have a look at some benefits and features of Atani.

  • Desktop app: Atani is available for all popular desktop operating system, and they do have watch only mobile app as well.
  • Trading Terminal: You can trade on over 20+ exchanges using Atani app.
  • Real-time Price Alert: You can set price alerts to get notified via push notifications, SMS, email or call. This is a golden nugget for serious traders.
  • Non Custodial: The platform is non-custodial, and API keys are encrypted and stored locally on your device leveraging military-grade encryption (AES-256). In the unlikely event that Atani gets hacked, attackers would not be able to access your funds.
  • Tax reporting: Atani automatically analyzes the history of spot trades at connected exchanges and generates an audited tax report that can be downloaded in just one click.
  • Free: At the time of writing this review, Atani is completely free to use. In the future, they plan to introduce a freemium model (ex: Spotify).

How to start using Atani?

Getting started with Atani is simple, and you need to download their app from the downloads page.

Once you have installed the Atani app, create an account and you will be greeted with this screen. You can connect with your existing exchange or simply add those whose market data you want to see.

After selecting the exchange, click on next. At this stage, you can either connect with your exchange using an API key or you can do that later.

If you are new to API keys; you should check out this video to understand how to create an API key on Binance exchange. The process is more or less the same for other exchanges:

Once you have generated an API key, simply add the API key for the specific exchange in the settings, and you should be able to use the trading feature.

You can always connect your exchanges later on by going to the exchanges tab. This is ideal for curious users who want to check out the terminal of Atani before connecting with their exchange.

Next is to select the tax report’s settings, where you need to select your country of tax residency, and it will fetch all the past transactions to generate the tax report.

Click on next, and you will access the Atani trading terminal. Now, before you take your first trade, I recommend you to go to settings > Security > Backup Device sync and create a backup of the code.

You can use your backup code to use ATANI on multiple devices (sync your accounts) and to recover your account if you can’t access Atani (broken or lost computer, reboot…). It allows you to make a device sync.

Note: You can always toggle between Dark theme and light theme from settings.

Interface of Atani:

Atani interface is easy to get started for a beginner and a pro user.

On the left side, you could see the currency pairs, and you can mark them favorite to see your favorite pair under the favorite tab. The chart is powered by our favorite TradingView, so now you have one less website to navigate when using Atani.

The portfolio tab is where you can see your past trades and all open trades. Here you will also be able to generate tax reports. Though in my limited experience of Atani, I believe the portfolio tab could be improved, and closed/open trades should get a separate tab altogether. By clicking on exchanges, you can connect with any of your favorite exchanges for trading or just to see the chart.

Now on the right side, you will have quick access to your portfolio. You can see a consolidated portfolio or you can select an individual exchange to see the portfolio on that.

Below that you have the option to take a trade. There are various advanced order types are available, which would make your trades more profitable.

Here you will also be able to see your open trades, and you can make quick changes according to changing conditions.

Overall, Atani would help you save time between switching from one exchange to another for taking trades and help you bring everything within one app. Especially for those who are looking to trade from their desktop, Atani is a splendid solution.

Conclusion: Atani Review

As a non-custodial desktop-based trading tool, Atani seems to be doing a wonderful job. Real-time price alerts would ensure that you don’t miss out on any important trade and make more profit.

I would like them to see adding option to connect with multiple Binance accounts, which is currently limited to one. The mobile app is in progress, so it’s just a matter of time we should be able to use the Atani mobile app. Overall, as a crypto trader you are going to enjoy using Atani app.

Let me know which other desktop trading app are you using? Let me know your feedback and review of Atani app in the comment section below. If you find this review useful, do check out our other reviews to level up your crypto trading game.