"We conducted extensive research and identified clear pain points for users. Many of the reported returns are misleading or unsustainable, and in some cases, users were being shilled by lead traders. We've introduced a higher profit threshold that protects users, ensuring that profits are only shared with lead traders when the portfolios are genuinely profitable."
"Copy trading, or 'social trading,' as Woo X calls it, is not new in either crypto or traditional finance. The practice of easily availing customers of the returns made by the most successful traders was made popular by fintech platform eToro and is also offered by several large crypto exchanges like Binance and OKX."
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