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Trader's Manual @Spot Copy Trading

Trading Made Easy
  • Updated
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Overview
1. What is Spot Copy Trading
2. Profit-Sharing Settlement Rules 
3. How to Become a Trader for Spot Copy Trading
4. Spot Copy Trading Rules  
 
1. What is Spot Copy Trading
 
BingX's Spot Copy Trading is a spot trading tool that allows copiers to mimic the spot trading orders of experienced traders. Traders can earn profit-share by helping their copiers generate profits through spot trading.
 
Spot Copy Trading Process:
How do copiers copy the trader order?
 
1) Find the Spot Traders list
2) Explore trader profiles and select a trader to copy
3) Learn and configure Copy Trading settings
4) Wait for the trader to open a position, and then monitor the profits.
  
2. Profit-Sharing Settlement Rules
  
Copy Trading Type
Profit Share Ratio
Settlement Time
Scope of Settlement
Spot Copy Trading
10%
Next Monday at 00:00 (UTC+8)
Only orders that are 100% sold are counted, including copier-initiated sells.
  
Note: Traders of Spot Copy Trading are currently not subjected to account tiering, the profit-sharing ratio for all traders is set uniformly at 10%.
  
3. How to Become a Trader for Spot Copy Trading
 
1) Submit your application either via the Spot Copy Trading Trader Application or through the Banner on the Copy Trading homepage.
2) Traders who can already share their futures trades automatically qualify for "Spot Copy Trading". To enable this feature, visit "My Trades" - "Copy Settings" - "Spot Copy Trading" to turn it on.
spotcopytradingset.png
  
Notes:
An account with a minimum balance of 500 USDT has a higher approval rate.
Before applying to become a trader, please ensure that you cancel all existing copy trading relationships. Otherwise, the application will not be approved.
If you have any questions, please contact us via Telegram ID: @BingXRyan
 
4. Spot Copy Trading Rules
  
Description
Trading Rules
Order Type
Buy: All spot order types are supported
Sell: Only supports tick-by-tick sell orders at the market price under the "Copied Orders" tab.
Trading Fee
Consistent with Spot trading fees
Fee Schedule: https://bingx.com/en-us/support/costs/
Scope
Only USDT-M orders
List of Available Trading Pairs
Announcements (Auto-updated)
Valid Copied Orders
1. Completely filled orders are considered valid orders.
2. Partially filled orders with the unfilled portion subsequently canceled are considered valid orders.
3. Partially filled orders are not considered valid orders.
4. Spot grid orders are not considered valid orders.
Trader Profile Data
1) Updated every 30 minutes
2) Only the trading data after becoming a spot trader is counted, historical data is excluded
Frozen Asset

When a buy order is fully filled or partially filled, the corresponding filled amount will be temporarily frozen by the system. It will be released when the filled amount is sold.

Note: Frozen assets can be viewed in "Fund Account" - "Asset List".
 
5. Ranking Rules
  
Product Manager's advice to Traders: The ranking are determined through a multi-indicator system. The core indicator is return on investment (ROI), followed by account assets, win ratio, and cumulative PnL, etc. The minimum asset requirement is 100 USDT. Surely, we hope traders have sufficient funds to showcase their capacity. Our ranking algorithm will be continuously updated, granting more weight to outstanding traders.
  
#How to Begin Sharing Your Trades for Spot Copy Trading
  1. Account Initialization. 1) Set up an avatar and nickname to project a credible trader profile. 2) Maintain a certain level of credibility via your account assets, usually at least 5,000 USDT (recommended value). 3) If you have a remarkable trade history, feel free to announce it in the Feed and showcase your accomplishments.
  2. Accumulate Trading Data. Gather data advantages as quickly as possible. In the early stages, the competition on the ranking list is relatively lower. The faster you accumulate data, the longer you'll remain on the ranking and the more exposure you'll receive.
  3. Apply for Traffic Resources. Contact us at Telegram ID: @BingXRyan to apply for more marketing resources. Use the code: Share Spot trades, advance to the bull market. Marketing resource: Exclusive AMA, exclusive follower benefits, Spot Copy Trading ranking list, etc.

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