Updates on the Copy Trading Recommendation Commission Rules
Dear Users,
The Copy Trading (https://bingx.com/en-us/traders/) recommendation commission is a scheme designed to expose copy traders to a wider copier base. Users who can identify and recommend high-quality traders will gain a commission.
The recommendation commission rules will be updated as follows:
1. If a user recommends a trader to a friend and the friend copies the trader, the user will get a portion of the profit share that the trader gains from the friend.
2. The user above will gain 25% of the trader's profit share as a commission.
Example:
1. User A recommends traders Alan and Bob to a friend
2. Alan: The friend copies Alan and gains a daily net profit of 100 USDT, of which, 8 USDT goes to Alan as the profit share. (Assume that the trader's profit share ratio is 8%)
3. Bob: The friend copies Bob which incurs a daily net loss of 100 USDT, 0 USDT goes to Bob.
4. As there is a profit from copying Alan's trades, Alan will gain 25% of the friend's profits and the user will receive 8 * 25% = 2 USDT.
Note:
Expected release version: v3.20.0
Expected release time: 2022-11-08 (UTC+8). The specific time is subject to the actual release
The recommendation rules hereby shall take effect after the release.
BingX Operation Team
About BingX
BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.For more information, please refer to our Terms of Use and Risk Warning.
Dear Users,
The Copy Trading (https://bingx.com/en-us/traders/) recommendation commission is a scheme designed to expose copy traders to a wider copier base. Users who can identify and recommend high-quality traders will gain a commission.
The recommendation commission rules will be updated as follows:
1. If a user recommends a trader to a friend and the friend copies the trader, the user will get a portion of the profit share that the trader gains from the friend.
2. The user above will gain 25% of the trader's profit share as a commission.
Example:
1. User A recommends traders Alan and Bob to a friend
2. Alan: The friend copies Alan and gains a daily net profit of 100 USDT, of which, 8 USDT goes to Alan as the profit share. (Assume that the trader's profit share ratio is 8%)
3. Bob: The friend copies Bob which incurs a daily net loss of 100 USDT, 0 USDT goes to Bob.
4. As there is a profit from copying Alan's trades, Alan will gain 25% of the friend's profits and the user will receive 8 * 25% = 2 USDT.
Note:
Expected release version: v3.20.0
Expected release time: 2022-11-08 (UTC+8). The specific time is subject to the actual release
The recommendation rules hereby shall take effect after the release.
BingX Operation Team
About BingX
BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.For more information, please refer to our Terms of Use and Risk Warning.
Updates on the Copy Trading Recommendation Commission Rules
Dear Users,
The Copy Trading (https://bingx.com/en-us/traders/) recommendation commission is a scheme designed to expose copy traders to a wider copier base. Users who can identify and recommend high-quality traders will gain a commission.
The recommendation commission rules will be updated as follows:
1. If a user recommends a trader to a friend and the friend copies the trader, the user will get a portion of the profit share that the trader gains from the friend.
2. The user above will gain 25% of the trader's profit share as a commission.
Example:
1. User A recommends traders Alan and Bob to a friend
2. Alan: The friend copies Alan and gains a daily net profit of 100 USDT, of which, 8 USDT goes to Alan as the profit share. (Assume that the trader's profit share ratio is 8%)
3. Bob: The friend copies Bob which incurs a daily net loss of 100 USDT, 0 USDT goes to Bob.
4. As there is a profit from copying Alan's trades, Alan will gain 25% of the friend's profits and the user will receive 8 * 25% = 2 USDT.
Note:
Expected release version: v3.20.0
Expected release time: 2022-11-08 (UTC+8). The specific time is subject to the actual release
The recommendation rules hereby shall take effect after the release.
BingX Operation Team
About BingX
BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.For more information, please refer to our Terms of Use and Risk Warning.