Binance, the world’s biggest cryptocurrency exchange, has introduced two new features for its customers. The first is the Funding Rate Arbitrage Bot, which allows users to automate spot and futures arbitrage trading. By simultaneously executing spot and futures trades, the bot aims to help traders profit from funding costs. The second feature is Spot Copy Trading, which was previously only available to Lead Traders but is now accessible to all eligible users. This allows users to follow and copy the portfolios of successful traders. Both features have been well-received by customers, with over 70% of Lead Traders reporting positive returns. The Funding Rate Arbitrage Bot is already available on the Binance website and will be accessible on the Binance App from May 30th.
Binance Introduces Funding Rate Arbitrage Robot and Expands Spot Copy Trading to All Eligible Users
