Dear Users,
The platform will improve the quality of our Copy Trading services and increase profit opportunities through reducing copy trading signal delay. As a result, some trading rules will be adjusted as shown below. If you have any questions or concerns, please reach out to our 24/7 support for assistance.
1. Standard Futures Copy Trading
Remove the limit on the number of orders that a trader can share, effective on 2023-01-03 (UTC+8).
2. Binance Futures Copy Trading
The Binance Futures Copy trading fee rate is adjusted to 0.05% (charged when opening and closing a position)
Effective time: 2022-12-30 20:30 (UTC+8)
The commission rate for referring friends to Binance Futures Copy Trading has been adjusted from 0.012% to 0.05%.
Example
User A invites User B, user B copies a trader that trades via Binance API. After some time, B’s opening position is 1,000,000 USDT while B’s closing position is 1,000,000 USDT. User A belongs to the Lv 1 category with a commission ratio of 10%.
- Trading Fee Eligible for Commission = 0.05% * (1,000,000 +1,000,000) = 1,000 UDST
- User A’s Commission = 1,000 USDT * 10% = 100 USDT
Thank you for your support!
BingX Operation Team
2022-12-30
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