Copy trading

Bitget Copy Trading: Must-read Tips for New Elite Traders

2023-08-23 09:400671

In the fast-paced world of cryptocurrency trading, the quest for excellence is never-ending, and elite traders on Bitget are the ones who stand out. But what does it take to become an elite trader, and how can you secure a spot on the coveted elite trader list?

In this article, we will delve into the key requirements and guidelines that elite traders must follow on Bitget. From meeting asset thresholds to understanding profit-sharing mechanisms, we will unravel the secrets to becoming a successful elite trader in the cryptocurrency market with Bitget. So, if you aspire to join the ranks of elite traders and gain a following in the crypto community, read on to discover the steps and strategies that will set you on the path to success.

1. How do elite traders get follower slots?

a. Elite traders must meet the corresponding futures asset requirements to receive followers.

Total futures assets

(USDT)

Maximum followers

0 ≤ Futures assets < 100

0

100 ≤ Futures assets < 1,000

100

1,000 ≤ Futures assets < 5,000

300

5,000 ≤ Futures assets

500

b. Elite traders must meet the corresponding spot asset requirements to receive followers.

Total spot assets

(USDT)

Maximum followers

0 ≤ Spot assets < 100

0

100 ≤ Spot assets < 1,000

100

1,000 ≤ Spot assets < 5,000

300

5,000 ≤ Spot assets

500

More details:

Trader Asset Thresholds

More details:

Requirements for Traders to be Displayed

2. How do elite traders get profit share?

The profit share ratio is determined by the elite trader's tier. BGB lock-up will no longer be needed.

Elite trader tier

Bronze

Sliver

Gold

Platinum

Extraordinary

Legend

Profit share ratio

10%

10%

12%

14%

15%

20%

* Notes: Bitget copy trading updates: Bitget elite trader tiers

* The maximum profit share ratio in the table above refers to the maximum profit share ratio that elite traders can set (not in private mode). Elite traders can go to the Personal Settings on the personal elite trading page to modify profit share ratio after the upgrade of the profit share rules.

* The maximum profit share ratio for spot elite traders will be increased to 10% after the update (no BGB lock-up). Bitget will determine the maximum profit share ratio based on elite trader tiers after the spot elite trader tier system is launched.

3. Requirements to be displayed on the elite trader list?

a. Elite futures traders must meet all of the following conditions:

  • Have futures assets worth no less than 100 USDT.

  • Have closed at least one futures elite trade order in a trading pair supported by Bitget.

  • If an elite trader is already displayed on the page but currently has futures assets worth less than 100 USDT, the trader will no longer be displayed, but their previous followers will not be affected.

b. Elite spot traders must meet all of the following conditions:

  • Have spot assets worth no less than 100 USDT.

  • Have closed at least one spot elite trade order in a trading pair supported by Bitget.

  • If an elite trader is already displayed on the page but currently has spot assets worth less than 100 USDT, the trader will no longer be displayed, but their previous followers will not be affected.

More details:

Requirements for Traders to be Displayed

4. Guidelines for elite traders

Futures: Execute elite trade > set TP/SL > close elite trade position > view elite trade data.

Spot: Execute elite trade > set TP/SL > close elite trade position > view elite trade data.

a. Executing an elite trade

You can execute a new trade either by clicking Initiate a Trade on the Copy Trade page or opening a position on the spot/futures trading page. After a trade is initiated, you can check the position details by visiting the My Copy Trades page or viewing Current Copy Trades on the spot/futures trading page.

b. Setting a take-profit and stop-loss (TP/SL)

Elite traders can set a TP/SL from the My Copy Trades page or the Current Copy Trades tab on the spot/futures trading page.

c. Closing an elite trade position

Elite traders can close their positions at market price from the My Copy Trades page or the Current Copy Trades tab on the spot/futures trading page.

d. Viewing elite trade data

Includes data on current elite trades, historical elite trades, and elite trade information.

5. We invite you to join our official elite trader community on Telegram.

More details:

Guidelines for Elite Futures Traders

Guidelines for Elite Spot Traders

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