I. What is traders?
Copy traders are high-quality investors selected by BKEX. After becoming a trader, you will have the qualification to lead orders, copy and trade orders by other users, and get the follower's income commission.
There are two levels of traders: primary traders and senior traders. Both can showcase their excellent trading records in the copying community.
Three identities of users
*Traders cannot follow other traders. If the user already has a copy position before submitting the application for trader status, he must first close the copy position before applying to become a trader.
II. Trader Opening Conditions
The following specifications are non-special statements and apply to both primary and senior traders. You need to strictly implement the items mentioned in the specification to become a trader. And those who violate the rules will be immediately disqualified from leading orders.
1. Traders Trading Requirements
① Deposit trading requirements
In order to prevent traders from maliciously using a small margin to lead orders to earn high commissions. Traders need to deposit and trade according to the prescribed requirements, and the requirements increase as the number of followers increases. Those who do not meet the specifications will be disqualified from leading orders, and senior traders will be delisted at the same time.
②Other trading requirements
In order to prevent traders from using high-frequency trading, regardless of the risk of followers, maliciously swiping commissions with orders. Traders will be restricted from trading frequency.
If it exceeds, the system will prohibit leading orders, and the platform reserves the right to cancel the eligibility for taking orders.
At the same time, due to the limited resources of the market depth, multi-account copy trade and lead trade are prohibited from occupying the quota and resources of other users. Once found, the user’s qualifications for copy trade and lead trade will be permanently cancelled and the account will be banned.
2. Traders Agreement
①Traders shall not promise earnings to followers in order to attract followers to copy trade.
②Traders should try their best to help followers make profits, consider the risks of followers in time, and prohibit swiping orders for the pursuit of high yields and high commissions.
③Traders are not allowed to use high-risk risk-return trading strategies and continue to use high leverage to trade. Bring uncontrollable risks to followers.
④In order to protect the interests of others, traders are not allowed to display or imply revealing social accounts at the places where information is displayed such as personal profiles on the platform.
⑤ It is forbidden for traders to use multiple accounts to lead trade, long and short pairs, etc. Once found, the qualification for lead order will be permanently cancelled.
⑥Traders are not allowed to open and close short-term positions frequently.
3. Trader's contract order rules
① Lead trade for all positions in the full position.
②Only BTC/USDT and ETH/USDT contracts are allowed to lead trade.
4. Requirements for senior traders to enter the list
During the period of bringing the order, the data has dropped and will be disqualified from the list.
Once traders violate the above requirements and agreements, they will be immediately disqualified from taking orders. In serious cases, the platform will recover the illegal proceeds and no longer provide services to them.
1. When a trader is canceled as a trader, the student's current copy position will be closed immediately.
2. BKEX has the right to supplement the trader specifications to ensure the healthy development of the documentary system, and the final interpretation right belongs to the platform.
3. Thank you for your support and trust in BKEX, we will provide a safe, fair and comfortable trading environment for all investors.