In order to regulate the order of the contract-copy order market, the following operating specifications are formulated to reduce trade risks and protect the interests of investors.
1. What is a trader
Elite traders are high-quality investors selected by the platform. After becoming an trader, you will have the qualification to take orders, be copied and traded by other users, and enjoy the follower’s income commission.
Traders, regardless of level, can open the belt order after successful application and display it in the community.
To become a trader, you need to strictly implement the items mentioned in the regulations. Violators will be immediately disqualified from taking orders.
2. Open the requirements to become a trader
The user clicks “become a trader” to jump to the form filling page, and the system will automatically determine whether the user meets the conditions when applying.
After the platform is approved, you can become a trader. If the data of the trader slips during the order period or the operation does not meet the content of the “Trader Agreement”, the trader will be temporarily dropped to reduce the user’s copy risk.
3. Rules for ordering by traders
- After becoming a trader, BTC/USDT,ETH/USDT,ADA/USDT,DOGE/USDT under the USDT contract can only be opened in separate positions, and only BTC/USDT,ETH/USDT,ADA/USDT,DOGE/USDT under the USDT contract will be copied by the user;
- Traders with single positions currently only support market closing/opening;
- Traders can adjust the margin, support market price stop-profit and stop-loss, but stop-profit and stop-loss do not support modified cont;
- There is no limit to the leverage multiples of a trader’s order, and users follow the leverage of the trader to place orders
- The maximum number of Followers is 500.
4. Take copy order restriction
|
Display |
Rules |
|
Number of followers |
≤500 |
|
Maximum per position |
50,000 USDT |
5. Trader Agreement
- Traders must not publish any bad opinions that slander and damage the reputation of the platform;
- Traders must not promise profits to followers in order to attract followers to copy orders;
- Improper use of well-known IP nicknames is prohibited, and if there is any violation, the qualification to bring the order will be cancelled;
- Traders need to do their utmost to help followers make profits, consider the risks of followers in a timely manner, and it is forbidden to swipe orders for the pursuit of high yields and high commissions;
- Traders are not allowed to use high-risk and wind-return trading strategies, and continue to use high leverage trading, which brings uncontrollable risks to followers;
- In order to protect the interests of others, Traders are not allowed to display or implicitly disclose social accounts in the platform’s personal profile and other display information;
- It is forbidden for traders to use multiple accounts to bring orders, long and short swaps, etc. Once discovered, they will be permanently disqualified from bringing orders;
- Traders must not operate maliciously, including but not limited to malicious transactions to increase the number of followers or seniority, otherwise the platform will permanently stop the account of traders;
- Due to the serious consequences of trading actions, Tapbit will take relevant actions to interfere with the transactions of traders, such as cancelling the qualifications of elite traders and suspending trader accounts.
Tapbit Team
07/12/2022
