How to try crypto social trading for free? (zero-fee tour with Coinmatics)
So far on Medium we have talked about how traders can sign up for Coinmatics and how they can earn from copy trading (or social trading). It’s time to focus on how subscribers or followers can test the crypto copy trading platform.
Today it is a zero cost tour for subscribers or how you can try copy trading for free for a month before paying a trader (on the example of Coinmatics).
As a subscriber there can be 3 payments:
- for Coinmatics plan
- for copy trading subscription
- for Telegram signals subscription
Details about each payment can be found in the Coinmatics help center: https://support.coinmatics.com/en/. In this article we will focus on automated copy trading and Coinmatics Plan.
Copy trading subscription
At Coinmatics, the cost of following and copying the trader’s strategy and orders is set by the trader. This means that only the trader determines how much you pay for copying his trades.
Some traders allow subscribers to copy their trades for free, others charge a fixed price. You are lucky if the strategy you have chosen is free to copy, but what to do if the strategy is with the paid subscription?!
The solution we can offer you is to use the Premium Plan feature — Strategy Free Trial Period. This option allows you to copy the strategy trades for free for 30 days.
If you’re satisfied with the profit results, you can keep copying after paying. But if you are not, you are free to try another strategy for free.
Please note that later the subscription cost will also depend on the balance in the connected exchange wallet.
[image — Smart price — https://support.coinmatics.com/en/articles/7033919-smart-price]
All strategies with the free trial will be marked with the special icon [$ Trial]. On the strategy page and as soon as you click ‘Subscribe’ there will be a promo code for activation of the free trial.
Later we will publish the list of strategies with available free trial on social media accounts (Twitter, Facebook, Reddit, Instagram and Telegram).
Coinmatics plan (Premium plan for free)
Coinmatics offers 3 free options — Free Plan, Free Premium Trial and Premium Ref.
The free plan has some total exchange balance and allows you to subscribe to spot strategies only. However, there is still the option to copy crypto trades on Coinmatics for free.
Regarding the free Premium trial and Premium Ref, there are two options:
- If you don’t have an account on Bybit, Binance or OKX, then you can register it using the Coinmatics referral link and get the Premium Ref for free.
- If you have an account, then you can use the free Premium trial.
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(Both Premium plans have the same features)
If you start using one of the premium plans, you are free to use other premium features (Stop Loss, Priority Copying, Coin Blacklist, etc.).
Now you know how to try copy trading for free using Coinmatics’ example. Feel free to email us at support@coinmatics.com if you need assistance from the support team.
If you know a trader you would like to copy, you can invite him/her/them and receive bonus from Coinmatics team*. Type the promo code “NewCTrader” to the Support team to know more.
*Terms:
- strategy profit should not be lower than 5% on TWR for 2 months of trading on Coinmatics
- the bonus activation will be after the second month of trading — annual Premium Plan
- promotion is valid from May 25 to June 31 this year (2023)
- trusted strategy type is not taken into account
