1107_en_appbanner_822x357.png
Content

1. What is Elite Copy Traders Program?
2. Upgrade requirements and benefits
3. FAQs

1. What is Elite Copy Traders Program?

The Elite Copy Traders Program (hereinafter referred to as "the Program") is a trader incentive scheme launched by BingX for Copy Trading. The Program aims to bring about more rights and benefits to high-quality traders who have been dedicated to continuous copy trading and create a benign social trading environment where good traders shine. 
Rule Overview: The system evaluates traders based on multiple metrics such as their Account Assets, Copiers, Trading Volume or Copy Assets (copiers' real-time equity) to decide what rights and benefits shall be granted to traders. Traders with different account levels, ranging from Bronze, Silver, Gold to Diamond, will enjoy the corresponding resources and benefits, including but not limited to higher profit share, extra salary and rewards. Please note:
1. The Program is limited to traders engaging in Public Copy Trading.
2. Each copy trading account of a trader will have a level subject to the Program.
3. The initial account level for a new trader is "Bronze".
4. The daily trade number limit and profit share ratio will be reset. The specifics are shown in the table.

 

2. Upgrade requirements and benefits

All traders who share trades via their Futures account will start with the Bronze level. The specifics of the account level upgrade and corresponding rights and benefits are shown in the table below.

1. Upgrade Requirements for Standard Futures Copy Trading Account

Trader Level

7D Copiers And/Or 30D Copier Profit And/Or

7D Highest Risk

And/Or 30D Average Order Margin Profit Share Ratio (Settled Daily) Monthly Salary (USDT)
Bronze ≥0 Or ≥0 And ≤9 And ≥0 8% None
Silver ≥100 Or ≥50 And ≤8 And ≥20 9% None
Gold ≥1,000 And ≥1,000 And ≤7 And ≥50 10% 500
Diamond ≥6,000 And ≥10,000 And ≤6 And ≥100 13% 1,000

2. Upgrade Requirements for Perpetual Futures Copy Trading Account

Trader Level

7D Copiers

And/Or

30D Copier Profit

And/Or

7D Highest Risk

And/Or

30D Average Account Assets

Profit Share Ratio (Settled Weekly)

Annualized Management Remuneration

Monthly Salary (USDT)

Bronze

≥0

Or

≥0

And

≤9

And

≥0

10%

None

None 

Silver

≥100

Or

≥50

And

≤8

And

≥1,000

13%

N/A

None 

Gold

≥500

And

≥1,000

And

≤7

And

≥3,000

15%

1%

500

Diamond

≥2,000

And

≥10,000

And

≤6

And

≥20,000

20%

2%

1,000

3. Upgrade Requirements for Binance Futures Copy Trading Account

Trader Level

7D Copiers

And/Or

30D Copier Profit

And/Or

7D Highest Risk

And/Or

30D Average Account Assets

Profit Share Ratio (Settled Weekly)

Annualized Management Remuneration

Monthly Salary (USDT)

Bronze

≥0

Or

 ≥0

And

≤9

And

≥0

10%

N/A

N/A 

Silver

≥100

Or

 ≥50

And

≤8

And

≥1,000

13%

N/A

N/A 

Gold

≥500

And

 ≥1,000

And

≤7

And

≥3,000

15%

1%

500

Diamond

≥2,000

And

 ≥10,000

And

≤6

And

≥20,000

20%

2%

1,000

Notes:

  • The monthly salary and fund management remuneration are tentatively planned for trial operation until 2024-03-31 (UTC+8). Any adjustment will be announced in a further notice.
  • Traders involved in high-frequency trading as detected by the system will not enjoy the monthly salary and fund management remuneration.
  • BingX will adjust the Program rules based on the business development. BingX reserves the right in its sole discretion to amend or change or cancel this program at any time and for any reason without prior notice.

3. FAQs

1. When is the monthly salary paid?

It's paid at 00:00 on the 10th of each calendar month (UTC+8) based on the then account level. Traders can check it in their asset records.
In the case of multiple copy trading accounts, only the highest salary applicable will be paid.
2. How is "Annualized Management Remuneration" calculated?

Daily fund management remuneration = daily Copy Assets * account level's remuneration ratio/365. The Copy Assets includes unrealized PnL and is updated every 15 minutes.
The remuneration of the previous day will be settled at 01:00 (UTC+8) daily.
3. What will impede traders' account level from an upgrade?

To upgrade the Standard Futures account, traders need to meet three requirements including 7-day copiers, 30-day margin median and
7-day highest risk rating.
Traders can also meet the trading volume requirement as a substitute for the copier requirement (for levels below the Gold). The Gold and Diamond levels require all the four conditions
above in the table to be met. Therefore, insufficient exposure, low margin, and risky trading behaviors will hinder the account level upgrade.

To upgrade the Perpetual Futures account and Binance Futures account, traders need to meet three requirements including 7-day copiers, 30-day average account assets
and 7-day highest risk rating. Traders can also meet the trading volume requirement as a substitute for the copier requirement (for levels below Gold). The Gold and Diamond levels require
all the four conditions above in the table to be met.
Therefore, insufficient exposure, low account assets, and risky trading behaviors will hinder the account level upgrade.
4. Can I recover my level after it's downgraded?

Yes, as long as you meet the requirements. The account level is updated at 00:00 every Monday (UTC+8).
5. What's the latest profit share ratio after the level update?

The account level is updated at 00:00 every Monday (UTC+8), along with the profit share ratio.

Standard Futures example: Trader A's Standard Futures copy trading account was rated as Gold on October 30 with a profit share ratio of 10%.
At 00:00 on October 31 (Monday), his level was upgraded to Diamond with a profit share ratio of 13%.

On October 30, trader A had copiers with open BTC/USDT positions.
On October 31, such positions were closed (no matter if it was closed manually by copiers or liquidated or copiers copied the trader to close the positions). As the positions were closed on October 31,
The profit share will be pre-deducted at a ratio of 13%.
 
Contact Us
BingX exclusive trader support on Telegram: @BingXRyan
Suggestions & Feedback on our features: https://bingx.com/feedback/?referPath

 

BingX Operation Team
2023-10-02

BingX Official Channels
BingX Web: https://bingx.com
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
For more information, please refer to our Terms of Use and Risk Warning.