The invention provides a preparation method of silver-plated copper powder, which comprises the following steps: a, putting copper powder of which the granularity is 200-800 meshes into an alkali solution of which the weight concentration is 3-15% for washing with alkali, and then, washing with water, filtering and drying; b, putting the copper powder in the step a into an acid solution of which the weight concentration is 3-15% for washing with acid, washing with water to the neutrality, and then, filtering and drying; c, under the condition that the proportion by weight of copper powder to silver nitrate is 100:1-10, taking the silver nitrate, and dissolving the silver nitrate into water to form a silver nitrate water solution; d, under the condition that the proportion by weight of copper powder to ethylenediamine tetraacetic acid disodium salt is 100:1-10, taking the ethylenediamine tetraacetic acid disodium salt, dissolving the ethylenediamine tetraacetic acid disodium salt into water to form a water solution, putting the copper powder in the step b into the water solution for uniformly stirring, then adding the silver nitrate water solution in the step c and 0.05-5% copper powder weight of reducing agent for reacting for 0.5-4 hours, and cleaning, centrifuging and filtering to obtain the silver-plated copper powder; and e, adding the silver-plated copper powder after reaction into an organic acid ester mixed solution for soaking for 0.5-3 hours, and filtering and drying to obtain a product.