1. What is a Copy Trader?
Definition: Copy traders are high-quality investors selected by the BitxEX platform. After becoming a trader, you will have the qualification to lead trades, allowing other users to copy your trades, and you will receive a share of their profits.
Purpose: Traders attract users to follow them by showcasing excellent trading performance, helping users profit.
2. Trader Levels
Junior Trader: After meeting the basic requirements, you can become a junior trader and showcase your trading performance in the copy trading section.
Senior Trader: Building on the foundation of junior traders, you can advance to senior traders after meeting higher requirements, enjoying more opportunities to showcase your trades and receiving greater benefits.
3. Trader Activation Requirements
The following regulations apply to both junior and senior traders. Strict adherence to these regulations is required to become a trader; violations will result in immediate disqualification from providing trading services.
4. Trader Trading Requirements
(1) Deposit and Trading Requirements
Purpose: To prevent traders from maliciously using small amounts of margin to provide trading services in order to earn high commissions.
Rules:
Traders must deposit and trade in accordance with the stipulated requirements.
As the number of followers increases, the deposit and trading requirements will also increase.
Those who do not comply with the regulations will have their trading service qualifications revoked, and senior traders will be simultaneously removed from the platform.
(2) Other Trading Requirements
Trading Frequency Restriction: To prevent traders from using high-frequency trading to maliciously inflate trading commissions, disregarding the risks to followers. Exceeding the limits will result in the system prohibiting you from leading trades, and the platform reserves the right to cancel your trading privileges.
Multiple Account Operations Prohibited: Using multiple accounts for copy trading and leading trades, thus occupying other users' slots and resources, is prohibited.
Upon discovery, the user's copy trading and leading trade privileges will be permanently revoked, and the account will be blocked.
5. Trader Agreement
Traders must abide by the following agreement; violators will have their leading trade privileges revoked:
Prohibition of Promising Profits: Traders must not promise profits to followers in order to attract them to copy their trades.
Protecting Followers' Interests: Traders must do their utmost to help followers profit, promptly consider their risks, and are prohibited from engaging in wash trading to pursue high returns and high commissions.
High-risk strategies are prohibited: Traders are prohibited from using high-risk, high-return trading strategies or continuously using high leverage, which introduces uncontrollable risks to followers.
Disclosing social media accounts is prohibited: Traders are prohibited from displaying or implying the disclosure of their social media accounts in their platform profiles or other information display areas.
Multiple account operation is prohibited: Traders are prohibited from using multiple accounts for trading, or engaging in long/short scalping. Upon discovery, their trading demonstration privileges will be permanently revoked.
Frequent trading is prohibited: Traders are prohibited from frequently opening and closing positions in the short term.
6. Trader Contract Order Placement Rules
Supported Modes: Trading demonstrations can be conducted using full margin splitting and two-way position holding modes.
Supported Trading Pairs: Trading demonstrations are supported for most major trading pairs.
7. Entry Requirements for Senior Traders
Data Requirements: If a trader's data declines during the trading period, their ranking will be revoked.
Violation Handling: Any trader who violates the above requirements and agreement will have their trading privileges immediately revoked. In serious cases, the platform will recover any illegally obtained gains and will cease providing services to the trader.
8. Trader Profit Sharing
| Level | Contractual rights and interests(USDT)
| Profit sharing ratio |
| primary | ≥1000
| 8%
|
| advanced | ≥3000
| 12%
|
9. Warm Reminder
Cancellation of Trader Status: When a trader's status is cancelled, the copy trading positions held by the copy trader will be immediately closed.
Guideline Supplement: BitxEX reserves the right to supplement the trader guidelines to ensure the healthy development of the copy trading system. The platform reserves the right of final interpretation.
Platform Commitment: Thank you for your support and trust in BitxEX. We will provide all investors with a safe, fair, and comfortable trading environment!
Summary: The BitxEX platform ensures the fairness and security of copy trading through strict trader rules and agreements. Traders must abide by the platform's guidelines, protect the interests of followers, and jointly maintain a healthy trading ecosystem.
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