Trading

Copy Trading Followers FAQs

2024-06-29 07:182324

1. What is smart copy?

Smart copy is a new copy trading mode that automates copy trading cost calculation based on a certain proportion of elite traders' funds.

For instance, if an elite trader has 1,000 USDT in their elite trading account and invests 100 USDT as margin in one trade, the percentage is 10%. If a follower invests 100 USDT for this elite trader, the system will invest 10 USDT as margin when the follower makes a copy trade.

2. Can I switch back to the previous copy trading version after the upgrade?

Diverse follow is Bitget's classic copy trading mode, which allows investors to copy bots from different elite traders with one investment pool to diversify investment. In this mode, there is no need to have a separate investment pool for each elite trader you follow. Instead, you can follow different elite traders with just one fund pool.

3. What can I do when an elite trader I want to follow has reached their follower cap?

Usually, followers simply need to hold BGB to follow elite traders who have reached their follow cap. By holding BGB, elite traders will automatically receive a 10% exclusive follower cap bonus. Alternatively, you can set up a slot reminder to be the first to follow and copy trades when a spot becomes available.

4. Why can followers only copy a single position when elite traders open multiple positions?

If an elite trader opens more than one position within two seconds, the followers will only copy the first order.

5. If an elite trader adjusts their isolated margin, will it also affect the margin of their followers' corresponding positions?

No, adjustments made by the elite trader will not affect the margin of their followers' positions.

6. Can followers download the transaction records of elite traders?

The platform currently does not support the downloading of elite trader transaction records by followers.

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