OKX Wallet Smart Account Frequently Asked Questions for Copy Trading

What is the tracking function of a wallet The follow-up function of OKX Wallet smart account can automatically copy transactions from specified on chain wallets. You can customize the buying and selling follow-up methods, and filter them based on advanced conditions such as market value, liquidity, and token creation time. It also supports setting take profit/stop loss. This feature relies on the OKX Wallet smart account to effectively reduce execution delays and enhance the automation experience. Why use Web3 order tracking function When using traditional trading modes, you need to manually monitor the trading opportunities of the target wallet, but often miss the best buying and selling opportunities due to delays. The follow-up function can help you: The transaction operation of automatically copying the target wallet address; Customize token filtering criteria; Automatically execute transactions and reduce manual operations; Provide tracking profit and loss monitoring for easy evaluation of returns. Which users are suitable for the Web3 order tracking function The follow-up function is suitable for traders who want to follow popular addresses on the chain, Meme players, or want to reduce manual tracking costs. Which networks does the Web3 tracking function support Support Solana and BSC, consistent with the top rankings. What are the default token filtering conditions The follow-up task will not copy the transactions of the target wallet for mainnet tokens, wrapped mainnet tokens, USDT, USDC and other stablecoins, and will automatically filter out transactions for high-risk tokens. What is the running time of the follow-up task You can customize the task running time, up to a maximum of 3 months. After expiration, the order will automatically stop. What are the statuses of the follow-up task In progress (Ongoing): running normally; Paused: The task is paused, and the created take profit/stop loss orders will also be paused; Ended: The task is terminated, and the system will automatically cancel the take profit/stop loss order created by the task. Why are the profits from copy trading (PnL) and wallet profits (PnL) different The profit of copy trading (PnL) only includes the profit within the copy and does not include the overall asset changes of the wallet, so the value may differ from the profit displayed in the wallet. What happens if an asset has been liquidated The system will automatically cancel all active sell orders (such as limit orders, take profit stop loss orders) for the asset. Why does trading fail? Why is the follow-up task paused During the transaction process, there may be insufficient network fees, native tokens, or target token balances: If network fees or native tokens are insufficient: order cancellation, task suspension; If the balance of tokens required to be paid for copy trading is insufficient: If the follow-up purchase order fails, the task will be suspended directly; The follow-up/take profit stop loss order has failed and will be cancelled, but the task will continue to run. What is the difference between pausing and stopping a follow-up task Pause: Pause the running of the task, which can be manually restarted; Stop: Completely end the task, and the task will change from "Ongoing" to "Past". Learn more: https://web3.okx.com/zh-hans/help/how-do-i-use-the-okx-wallet-smart-account-for-copy-trading?shortCode=AICOIN88 Join OKX Boost binding and enjoy 20%: https://web3.okx.com/ul/joindex?ref=AICOIN88