A．Trader application conditions
After becoming a trader, you can promote your trading strategy and earn profit sharing from followers who copy your trading strategy. To qualify as a trader, you need to meet the following requirements:
a. Assets requirements
Asset deposit should be greater than ≥100 USDT.
b. Trading requirements
Make sure you aren’t currently following a trader, and do not have any existing positions and orders.
B. Code of Conduct
a. Traders shall not make any promise of profit to attract followers;
b. Traders need to help followers make a profit to the best of their ability, bear in mind the risk of followers, and shall not engage in any wash trading for higher yield or higher commission.
c. Traders must not use high-risk, high-return trading strategies that create uncontrollable risk for followers;
d. To protect the interests of followers, traders shall not display, reveal or imply social accounts or contact information in areas that exhibit nicknames, profiles, and other information
e. Traders are prohibited from using multiple accounts for matched orders. Once found, they will be permanently disqualified from initiating copy trades;
f. Traders shall not operate in bad faith, including and not limited to conducting any malicious wash trading to raise the number of followers or the amount invested by followers. Otherwise, the trader account will be permanently suspended by CoinW.
g. Once traders violate the requirements and agreements above, they will be immediately disqualified. Also, CoinW will deduct the illegal profit part and will no longer provide services to traders;
h. Once trader status is canceled, the followers’ position will be close immediately
i. For any severe consequences caused by trader behaviors, traders will be banned from trading.
Bitdu has the right to supplement the trader agreements to ensure the sustainable development of copy trading system, and CoinW reserves all the rights of final interpretation.