CoinBene will launch the contract-copy order function soon. For the convenience of operation, please read the relevant operation procedures of the following elites carefully. If you have any questions, please contact the official online customer service in time.
【Apply to become an elite trader】
*If you have not yet become an elite trader, please enter the homepage of the elite trader profit ranking, click "become an elite trader" to jump to the form to fill in the page or directly consult online customer service
When applying for an elite trader to bring orders:
1. All contracts need no positions, no current orders, no current plans;
2. Real-name authentication is required;
3. An elite trader can only register one account to carry orders;
*After becoming an elite trader, you cannot change to a normal user temporarily.
* After becoming an elite trader, when you open an order, you can only place an order based on the market price of the warehouse, and only BTCUSDT under the USDT contract will be copied by the user.
[The process of bringing orders with elite traders]
Initiate a take order-choose to close the position according to the market situation-view the income
1. Initiate a single
After becoming an elite trader, open positions directly on the contract trading page (that is, start with orders)
After the order is successfully taken, you can view the detailed position data in "My Order" or "Current Position" on the contract page;
Description of personal data display of elite traders:
Yesterday’s order income: Yesterday’s accumulated net profit of closed orders with order.
Cumulative order income: the accumulated net profit share of closed orders with historical orders.
My order: Check your current position with order. When you close your position, the position of the user who follows you will also be closed simultaneously.
History with orders: view your accumulated history of positions with orders.
My Followers: View an overview of yesterday’s earnings of users who currently follow you.
2. Close the position
Elite traders can perform operations in 2 positions of "My Order" and "Current Position" on the contract page to close a position with an order.
*Taking profit and stop loss with single positions currently only supports market prices, and the quantity cannot be modified.
*Single position closing currently only supports market price flash closing, and the quantity cannot be modified.
*Elite traders and users can adjust the margin, the elite traders adjust the margin follower is not synchronized.
3. View revenue
"My Take Order" page can view yesterday's take order income and the cumulative total income of taken order".
Elite traders with single profit sharing instructions
CoinBene elite traders can directly get 10% of the follower's profit as a profit share.
Income settlement: daily settlement; deduct first and then settle
1. When an elite trader closes a position, if the follower generates a profit, the system will pre-production the profit from the follower’s account, and then settle at midnight the next day to calculate the cumulative net profit of the follower’s copy of the day. 10% of the "accumulated net profit" is the actual profit payable to elite traders.
2. If the actual payable dividend is lower than the pre-production dividend from the follower account, the excess dividend will be returned to the follower account, and the remaining part will be settled to the elite trader.
Details as follows:
"Estimated Today's Profit Sharing" will be calculated in real time based on the user's profit each time the position is closed.
If the profit from the closing order is positive, the profit is expected to increase today; if the profit from the closing order is negative, the profit is expected to decrease today.
When the follower is closing the position with the follower, if the order is profitable, the system will deduct 10% of the profit first, and the second settlement will be carried out at midnight on the next day; the follower’s cumulative net income for the day is calculated, and the cumulative net income is used to calculate the actual payable If the payable share is less than the paid order share, the overpaid share will be returned to the follower’s account.
Followers followed elite traders to place orders. There were a total of ten orders that day, of which eight had a net profit of 200 USDT and two had a loss of 50 USDT.
Amount deducted for follower orders: 200 * 10% = 20 USDT
Cumulative net income on the second settlement day: 200-50 = 150 USDT
Elite traders should actually get a share: 150 * 10% = 15 USDT
The deducted amount minus the share shall be returned to the follower: 20-15 = 5 USDT The follower's actual follow-up profit for the day is: 200-50-20 + 5 = 135 USDT
If you have any questions, please contact the official customer service in time.