Copy trading

TraderPro Season 4: Trending Coin Trading Challenge – Processes and Rules

2024-12-23 11:4111881

Related article: Complete guide to TraderPro

I. Eligibility and registration

1. You must not be an elite trader.

2. You have to participate with your main account.

3. Registration opens on December 23, 2024, and the demo trading challenge starts on December 30, 2024. Users can still register during the demo trading period, as the registration phase lasts for 30 days and ends on January 28, 2025.

II. Registration

1. Use the Start Challenge button on the TraderPro homepage to register.

2. Enter your Telegram account details and the reasons for your application, ensuring that the information provided is accurate.

3. Upon approval, you will receive a site message and a pop-up notification. Please be patient as we configure your demo account.

4. After successfully joining, you will receive an email, a site message, or a pop-up notification with a reminder to join the Telegram group. You can join the group to receive the latest news and notifications.

III. TraderPro timeline

Phase 1: TraderPro challenge

Once your application is successful, you'll enter the TraderPro challenge phase and receive a demo account. The details are as follows:

Account information

Initial funding

10,000 USDT

Supported trading pairs

BTC/USDT

ETH/USDT

XRP/USDT

SOL/USDT

DOGE/USDT

XLM/USDT

ADA/USDT

PEPE/USDT

SAND/USDT

ENS/USDT

SUI/USDT

HBAR/USDT

DOT/USDT

SHIB/USDT

WLD/USDT

PNUT/USDT

FET/USDT

AVAX/USDT

TAO/USDT

APT/USDT

LINK/USDT

WIF/USDT

THENA/USDT

MOODENG/USDT

ALGO/USDT

ACT/USDT

SEI/USDT

BCH/USDT

ETC/USDT

NOT/USDT

Leverage limit

Up to 20x

Minimum position

Minimum position value per order ≥ 200 USDT (position value = margin amount x leverage)

1. How to get started?

a. Click the Start Challenge button on the TraderPro landing page (https://www.bitget.com/en/copy-trading/traderpro) to get started.

b. Switch accounts in your profile on the trading page or open the Bitget app and click Copy > Discover > TraderPro.

2. What are the trading goals?

Indicator

Requirement

Trading days

Trade for at least 15 days

Daily profit

At least 10 days with a positive daily profit

Total ROI

At least 25% for 48 consecutive hours

Order quantity

At least 100 orders, with no open interest remaining (both opening and closing positions are counted)

3. What are the trading rules?

You must comply with the following trading rules and meet the trading goals, or your demo account will automatically be reset, requiring you to start the challenge all over again. You can have up to three resets. A fourth violation will result in automatic removal from the program. The trading rules are as follows:

Trading rules

Penalty

Maximum daily loss: ≤ 20%

Each breach counts as one violation

Maximum account loss: ≤ 30%, or maximum position loss: ≤ 40%

Each breach counts as one violation

Maximum no-trading duration: ≤ 72 hours

Each breach counts as one violation

Maximum inactive holding period: ≤ 72 hours

Each breach counts as one violation

4. How do I view my performance?

During the challenge, you can check the progress of your trading goals and performance on the TraderPro demo account dashboard. You can also view the demo trading challenge rankings on the TraderPro promotion page. If you meet the trading goals and are selected as an elite trader, a system prompt will guide you on the next steps.

5. What incentives do I get for completing the challenge?

Selected users: A total of 50 dedicated elite trader accounts will be issued this season, each with up to 10,000 USDT in live trading funds. The number of accounts may be increased based on the number of participants. The accounts will be distributed in batches starting the week after registration ends. Specific distribution rules and timelines will be announced later, so stay tuned to our official community for updates.

Unselected users: Users not selected in their respective batches can apply to become elite traders using their challenge account. Successful applicants will receive a 50 USDT futures trading bonus and 500 USDT in first-trade loss protection. This protection covers losses up to 50 USDT on the initial order for users copying the elite trader, until the amount is fully used. This offer is limited to 100 users per batch, so don't miss out!

6. Referral incentives

Invite your friends to join TraderPro during the registration period to earn additional incentives.

Referral task

Incentive

Invite a new user who participates and meets the requirements of TraderPro

30 ‌USDT in futures trading bonuses

Invite a new user who becomes a top 50 verified elite trader

100 ‌USDT in futures trading bonuses

Invite a new user who becomes an elite trader and makes elite trades for at least 5 out of 14 days

50 ‌USDT in futures trading bonuses

Phase 2: TraderPro live trading

Once you have achieved your trading goals, we will notify you and guide you through the process of creating an elite trader sub-account, granting you the status of a TraderPro elite trader. Keep the following in mind:

• Before obtaining your dedicated elite trader account, you must complete identity verification of your own account.

• This account will be issued as a sub-account, with up to 10,000 USDT in live trading funds provided. The funds will be issued in batches according to the rules highlighted in TraderPro season 4: Trending coin trading challenge – Funding support and account

• This account will become a verified TraderPro elite trader account.

• This account is solely intended for trading purposes. Cancellation of your elite trader status, as well as any withdrawals, deposits, or transfers, are not supported for this account.

1. Profit share structure for live account funds

a. The profit share structure consists of two parts: trading profit share and copiers profit share.

b. The initial profit share from copiers' trades is set at 10%, but this may change based on the elite trader's tier. (New copy trading feature: Bitget elite trader tiers).

c. Trading profits are divided into three tiers: 80%, 90%, and 100%, with the initial share set at 80%. Your tier can be upgraded or downgraded depending on your performance:

i. If you adhere to the trading rules for four consecutive weeks and achieve profitability in at least three of those weeks, your trading profit share increases by one tier (e.g., from 80% to 90%).

ii. If you violate trading rules for two consecutive weeks or incur losses for two consecutive weeks, your trading profit share decreases by one tier (e.g., from 90% to 80%).

d. Account assets are settled and reset every Monday at 10:00 AM (UTC+8). Profit share will only occur if the account balance exceeds the initial funds in the live account during settlement. Any applicable trading profits will be transferred to your main account before every Wednesday at 10:00 AM (UTC+8).

i. Profits from copiers' trades are credited directly to the main account of the participating user.

ii. Trading profits are credited directly to the main account of the participating user.

2. Weekly top-up of assets in live trading account

a. Account assets are settled and reset every Monday at 10:00 AM (UTC+8). Any shortfall from the initial funding amount will be replenished by Wednesday at 10:00 AM (UTC+8).

b. Accounts with open positions as of 10:00 AM (UTC+8) on Monday will not be included in the settlement process.

3. Handling of violations in live trading accounts

a. Elite traders must adhere to the following rules when using their dedicated elite trader account:

Trading rules

Penalty

Maximum daily loss: ≤ 20%

Each breach counts as one violation

Maximum account loss: ≤ 30%, or maximum position loss: ≤ 40%

Each breach counts as one violation

Maximum no-trading duration: ≤ 72 hours

Each breach counts as one violation

Maximum inactive holding period: ≤ 72 hours

Each breach counts as one violation

b. After a violation, a 20% stop-loss ratio will be automatically set for subsequent elite trade orders. Adherence to trading rules for three consecutive weeks will restore the account to normal status.

4. Sustaining losses for three consecutive weeks or accumulating three rule violations will result in the suspension of top-ups and removal from the recommendation page. Adherence to trading rules for three consecutive weeks will restore the account to normal status.

5. The following circumstances may result in the recall of your live trading account:

Description

Action

Losses sustained for four consecutive weeks

Account recall

Four violations of trading rules

Account recall

Two instances requiring full replenishment of funds

Account recall

IV. Notes

1. Sub-accounts and elite traders are not eligible to participate in the TraderPro program.

2. The TraderPro program is currently free of charge; however, future participation may require a registration fee.

3. Participants must adhere to trading rules and maintain good trading practices throughout the program.

4. For any inquiries regarding the program, please contact customer service.

5. Participants may receive up to 10,000 USDT in live trading assets, subject to adjustment based on their demo account performance. Supply is limited, so don't miss out!

6. All TraderPro participants must strictly adhere to the terms and conditions. Malicious trading activities, such as improper matched orders and wash trading, are prohibited. Bitget reserves the right to take action on accounts and funds if risk controls are triggered.

7. Bitget reserves the right to modify the terms or cancel the promotion at any time without prior notice.

8. Bitget reserves the right to the final interpretation of the promotion.

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