This is not an advice for any newbie to use copy trading. I have seen many lead traders that are copied but losing. This is just about knowing if lead traders are truly making much money.
I mean lead traders to be those traders that newbies are automatically copying their trades.
Are you a lead trader? If you are, what is the best crypto exchange you can be a lead trader and what is the maximum profit in percentage?
I used to copy trade back in my forex trading days. There were actually a couple of brokers like Etoro, Nforex etc. Who offers such kind of service where you can follow a lead trader and his trades will be automatically copied for you proportionate to your investment.
To be honest, I have never made money out of copy trade. Because at every profitable trade, the lead trader used to take a commission and unless someone has a huge money invested, the profits are usually miniscule.
I have never tried copy trade in crypto though.