How to Copy Trade Solana on Bybit: Your Step-by-Step Guide

Unlock Solana Trading Success with Bybit Copy Trading

Copy trading Solana on Bybit lets you mirror expert traders’ moves automatically, combining Solana’s blazing-fast transactions and low fees with Bybit’s user-friendly platform. Ideal for beginners or busy investors, this guide breaks down every step to start profiting from SOL market movements without constant monitoring. Bybit’s copy trading feature handles execution while you learn strategies from top performers.

Step 1: Create and Verify Your Bybit Account

Begin your journey by setting up a secure account:

1. Visit Bybit’s official website and click “Sign Up”
2. Enter your email/mobile number and create a strong password
3. Complete KYC verification: Submit ID proof and selfie for security (required for withdrawals)
4. Enable two-factor authentication (2FA) for added protection

Pro Tip: Use referral codes during sign-up for potential bonus rewards.

Step 2: Deposit Funds into Your Bybit Account

Fund your account to start copying SOL trades:

1. Navigate to “Assets” > “Deposit” in your Bybit dashboard
2. Select USDT (Tether) – the primary currency for copy trading on Bybit
3. Choose your deposit method: Crypto transfer, fiat gateway, or third-party services
4. Transfer funds (minimum $10 recommended for flexibility)

Note: Copy trading uses USDT, not SOL directly. Profits from SOL trades convert to USDT.

Step 3: Navigate to the Copy Trading Section

Access Bybit’s dedicated copy trading hub:

1. Log into your Bybit account on web or mobile app
2. Click “Copy Trading” in the top navigation menu
3. Explore the dashboard showing leaderboards, performance metrics, and open positions

Familiarize yourself with key metrics like P&L, win rate, and risk score before proceeding.

Step 4: Choose a Solana Trader to Copy

Selecting the right trader is critical for SOL success:

1. Use filters: Set “Trading Pair” to SOL/USDT and sort by “30d Profit” or “Win Rate”
2. Analyze trader profiles: Check historical performance, max drawdown, and trading frequency
3. Review strategy details: Click “View Strategy” to see their typical position sizes and holding periods
4. Verify consistency: Prioritize traders with >6 months of stable results

Red Flags: Avoid traders with excessive leverage (>20x) or inconsistent profit patterns.

Step 5: Set Your Copy Trading Parameters

Customize how you’ll mirror SOL trades:

1. Click “Copy” on your chosen trader’s profile
2. Allocate funds: Enter USDT amount to dedicate (start small for testing)
3. Adjust settings:
   • Multiplier: Control position size relative to the trader (1x = identical)
   • Stop Loss: Set max loss percentage per trade (recommended: 5-10%)
   • Take Profit: Optional auto-close at target gain
4. Confirm fees: Bybit charges 10% profit share to copied traders

Step 6: Start Copy Trading and Monitor Your Trades

Activate and manage your SOL copy strategy:

1. Click “Start Copy” after configuring settings
2. Track performance: Monitor “My Copied Trades” dashboard for real-time SOL positions
3. Adjust mid-strategy: Modify stop-loss or funds allocated anytime
4. Withdraw profits: Transfer USDT gains to your wallet or reinvest

Best Practice: Review trader performance weekly and rebalance if metrics decline.

Frequently Asked Questions

Is copy trading Solana on Bybit safe?

While Bybit uses robust security, copy trading carries market risks. Past performance doesn’t guarantee future results. Always use stop-loss and diversify across multiple traders.

What’s the minimum amount to start?

You can begin with as little as $10 USDT, but $100+ allows better position sizing and risk management.

Can I copy multiple SOL traders simultaneously?

Yes! Bybit lets you copy up to 10 traders at once. Diversifying reduces reliance on a single strategy.

How are profits calculated?

Profits from SOL/USDT trades convert to USDT. Bybit deducts a 10% fee from your net gains (not initial capital).

Can I stop copying a trader instantly?

Absolutely. Click “Stop Copy” anytime. Open positions will close according to your set parameters.

Mastering copy trading Solana on Bybit opens passive income opportunities in crypto’s fastest ecosystem. Start small, learn continuously, and let seasoned traders navigate SOL’s volatility for you!