Dear BingX users:

The following specifications are non-special declarations and apply to both ordinary traders and copy traders. To become a trader, you must strictly implement the matters mentioned in the specification, and the offender will be immediately disqualified.

1. Trader Trading Requirements

1.1 Deposit Trading Requirements

In order to prevent traders from maliciously using a small amount of margin to copy trade to earn high commissions. Traders need to deposit and trade according to the following requirements:

• Minimum depsoit is 50 U
• Minimum margin of a single trade is 50 U

2. Other Trading Requirements

Firstly, in order to prevent traders from using high-frequency trading, regardless of the risk of followers, maliciously earn the commission.Traders will be restricted from trading frequencies.The specific details are as follows:

Secondly, in order to ensure that followers can follow orders in a stable and consistent manner, copy traders will have the following leverage limits (when the leverage exceeds the limit, traders can place orders normally but followers cannot copy trade):

Finally, for the interests of users and considering market depth and trading risks, the maximum actual number of copy trading followers for each trader is limited to 2,000 users.

3. Application Requirements of Copy Traders

Ordinary traders need to meet the following conditions before applying to become a copy trader

• Complete KYC
• The total trading volume in the past three weeks should be more than 1,000,000 USDT (Principal * Leverage)
• Win rate in the last three weeks must be greater than 55%
• Account profitability should be greater than 30%
• Traders who have never copy traded (cannot copy trade after becoming a copy trader)

If the data of the trader slips during the trading period, the trader will be disqualified from the ranking.

Once a trader or copy trader violates the above requirements and agreements, they will be immediately disqualified from copy trading. In severe cases, the platform will recover the illegal income and no longer provide services to the user.

The BingX team has the right to supplement the trader's specifications to ensure the healthy development of the copy trading system, and the final interpretation belongs to the platform. Thanks for your support and trust to BingX. We will provide a safe, fair and comfortable trading ecosystem for all investors!

Risk Warning: 

Digital asset derivatives trading is highly leveraged and risky, and may result in partial or total loss of account funds. Before conducting contract trading, investors must ensure that they understand the nature and rules of contract trading, and decide whether to participate in contract trading based on their investment experience, goals, financial status, and ability to bear risk.

BingX Operation Team
2020/07/05