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.
Note:
- 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.
BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning:
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.
BingX Operation Team
07/12/2021