Documentation

Everything you need to know to get started with NanoData copy trading platform.

Introduction

Welcome to NanoData! This documentation will help you understand how to use our platform to copy trade from the best crypto traders across multiple exchanges.

What is Copy Trading?

Copy trading allows you to automatically replicate the trades of experienced traders in real-time. When a trader you're following opens or closes a position, the same action is executed in your account proportionally.

💡 Key Benefits

Copy trading democratizes access to professional trading strategies, allowing beginners to benefit from expert knowledge while learning.

Quick Start Guide

Get started with NanoData in just a few minutes:

  1. Create an Account: Sign up at revamped.nanodata.io
  2. Connect Your Exchange: Link your exchange account using API keys
  3. Choose Traders: Browse and select traders to copy
  4. Set Parameters: Configure your risk settings and investment amount
  5. Start Copying: Activate copy trading and monitor your performance
⚠️ Important

Always start with a small amount to test the platform and understand how copy trading works before committing larger funds.

Account Setup

Creating API Keys

To connect your exchange account, you'll need to create API keys with the following permissions:

  • Read account information
  • Place and cancel orders
  • View trading history
// Example API key configuration { "apiKey": "your-api-key-here", "apiSecret": "your-api-secret-here", "permissions": ["read", "trade"], "ipWhitelist": ["your-ip-address"] }
⚠️ Security Notice

Never share your API keys with anyone. NanoData will never ask for your withdrawal permissions. Always enable IP whitelisting when possible.

Copy Trading Basics

Selecting Traders

When choosing traders to copy, consider the following metrics:

  • Win Rate: Percentage of profitable trades
  • Average Return: Mean profit per trade
  • Max Drawdown: Largest peak-to-trough decline
  • Trading Frequency: Number of trades per week
  • Risk Score: Overall risk assessment (1-10)

Position Sizing

NanoData automatically scales positions based on your account size relative to the trader's account. You can also set custom multipliers.

Risk Management

Effective risk management is crucial for successful copy trading:

Stop Loss Settings

  • Set maximum loss per trade (percentage or fixed amount)
  • Configure daily loss limits
  • Enable automatic position closure on drawdown thresholds

Diversification

We recommend copying multiple traders across different strategies and markets to reduce risk exposure.

💡 Best Practice

Never allocate more than 20% of your portfolio to a single trader, regardless of their performance history.

Supported Exchanges

NanoData currently supports 20+ major cryptocurrency exchanges including:

  • Binance
  • Coinbase
  • Kraken
  • Bybit
  • OKX
  • And many more...

Each exchange has specific requirements and limitations. Check our Help Center for exchange-specific guides.