Update of Copy Trading Trader Rules Regarding Sharing Trades Publicly/Privately

Dear Users,

To protect the rights and interests of traders, the platform will adjust the rules for switching between Copy Trading Scope "Public" and "Private" when traders share trades: Please decide and confirm your selection of Public or Private before the deadline of 2022-11-27 16:00 (UTC+8). After the deadline, your choice will take effect immediately and cannot be changed again.

1. What Is Copy Trading Scope "Public/Private"?

Public: Share your trades publicly. Traders can obtain exposure and resources and grow their copiers by participating in events. Traders who opt to share trades publicly can join the Elite Copy Traders Program.

Private: Share your trades only with the copiers invited by your private invitation link. They can also set up the minimum investment requirement for copiers. However, they don't enjoy the benefits provided by the Elite Copy Traders Program.

Benefits	Public	Private
Enjoy Platform Traffic	✅	❌
Elite Copy Traders Program -- Up to 20% profit share -- Monthly salary to be applied -- Up to 2% annualized remuneration	✅	❌
Onboarding Support	✅	❌
Set up Copier Threshold	❌	✅

2. Where to Select "Public/Private"?

Copy Trading -> My Trades -> Select the account that you want to adjust the Copy Trading Scope

-- Click "Invited users" in the copier module -- Click "Invite Settings" in the upper right corner.

-- Click the "Copy by Invitation Only" to switch between "Public/Private."

As shown in the picture: the current switch is off, which is the Share Your Trades Publicly mode. After clicking, a prompt will appear: Switch to Share Your Trades Privately and the effect.

Note that after swapping from Sharing Your Trades Publicly to Sharing Your Trades Privately all the trader's share trade accounts will all switch to Sharing Trades Privately and will not be listed on BingX for users to Copy Trade.

As shown in the picture: the current switch is on, which is the Share Your Trades Privately mode. After clicking, a prompt will appear Switch to Share Your Trades Publicly and the effect.

Note:

If a trader switches from sharing trades publicly to sharing trades privately, existing copiers will not be affected and can continue to copy the trader.After the switch, the profit share from the existing copiers (from when you share trades publicly) will be subject to the Bronze level's profit share ratio (10% for copy by position and 8% for copy by a fixed margin), and the ratio cannot be changed. However, traders can adjust the profit share ratio of new copiers for privately shared trades.

If a trader switches from sharing trades privately to sharing trades publicly, the system will adjust the profit share ratio of existing copiers from the original condition set by the trader to the corresponding level of the Elite Copy Traders Program. In addition, the number of Private copiers will count toward statistics for Public copiers.

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