Key Words: Copy Trader, Share Trades, Share Trading Rules.
The " FAQ for Copy Traders" includes detailed explanations of the Share Trading Rules for Copy Traders, which serves as a guide for Copy Traders to scientifically acquire more share trade resources. This article will continue to be updated from time to time, please stay tuned.
Q1: Why do I receive a notification saying that I am suggested to increase the principal amount of my order?
According to the "Restrictions on copy traders’ copying trading groups", the "amount of each copying trading group’s margin/principal" must be less than 75 times the margin/principle amount of the copy trader’s single order. When the amount exceeds 75 times the margin/principal amount of the copy trader's single order, the margin/principal amount of each follower's order will be reduced and you will receive an "Increase Principal " notice.
- By increasing the principal amount of your orders, you can prevent your followers' orders from being reduced in margin amount. When your followers make a profit, you will get more profit share.
- Copy Trading Group’s Margin = the sum of the margin of all followers' orders
Q2: Why the final earnings is different from the [Today’s Est. Earnings (USDT)] regarding [Sharing Trade Revenue]？
A copy trader's profit share is calculated based on the daily profit of his followers. When a losing order occurs, the estimated earnings will be reduced when the daily profit of the followers drops.
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Trading digital assets and their derivatives is highly leveraged and risky and may result in partial or total loss of account funds. Before conducting spot/contract trading, investors must ensure that they understand the nature and rules of spot/contract trading, and decide whether to participate in spot/contract trading based on their investment experience, goals, financial status, and ability to bear risks.
Bingbon Operation Team