iOS & Android

Introduction to Copytrading with 0 Slippage

1. Brief Introduction

To help users bid farewell to the hassle of slippage and optimize the copytrading experience, Tapbit has introduced the “Copytrading with 0 slippage” feature. 0 slippage refers to the follower’s opening and closing transaction prices matching those of the trader, thereby protecting users from slippage losses.

 

2. Process to Enable Copytrading with 0 slippage

For traders:

Traders can fill out the below form to apply for the Copytrading with 0 slippage feature. Tapbit staff typically review and enable this within 3 working days. If you have not enabled Copytrading with 0 slippage, your followers will not have access to this feature.

[Application Form for Copytrading with 0 Slippage]

For Copytrading users:

If the trader you follow has not enabled Copytrading with 0 slippage, you cannot use this feature. If your trader has enabled Copytrading with 0 slippage, the feature will be disabled by default. You can follow these steps to enable the 0 Slippage feature:

1) Click on “Advanced” in the copytrading settings page

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2) Swipe right to enable the “0 Slippage” button

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3. Explanation of “Guarantee Fee”

To achieve Copytrading with 0 slippage, Tapbit collaborates with off-exchange market makers who take over copytrading orders for execution, using the trader’s execution price as the takeover price. As there are costs associated with off-exchange market makers taking over orders, Tapbit and users who have enabled Copytrading with 0 slippage will jointly subsidize the market maker fees.

For users with Copytrading with 0 slippage enabled, the platform will charge a Guarantee Fee for each copytrading order, deducted from the contract account. Users can view this deduction in the fund flow record.

The table below outlines the Guarantee Fee rates for different trading pairs:

No. Trading Pair Guarantee Fee rate
1 BTC/USDT 0.01%
2 ETH/USDT 0.01%
3 XRP/USDT 0.20%
4 TRX/USDT 0.05%
5 SOL/USDT 0.25%
6 BNB/USDT 0.05%
7 DOGE/USDT 0.25%
8 1000SHIB/USDT 0.05%
9 ARB/USDT 0.05%
10 1000PEPE/USDT 0.30%

*The fee rates table will be updated daily at 00:00 (UTC+0)

The calculation formula for Guarantee Fees: Trader’s opening/closing price * opening quantity * corresponding trading pair’s Guarantee Fee rate

 

4. Other Common Questions

Q: Are the Copytrading with Guarantee Fee rates fixed?

A: Due to slippage being influenced by the trading volume and market depth, the corresponding copy trading with Guarantee Fee rates may fluctuate. The system will automatically update the fee rates table daily based on actual conditions.

Q: Does the newly added Copytrading with Guarantee Fee affect profit and loss data?

A: Yes, it does. The Copytrading with Guarantee Fee will be included in copytrading profit and loss statistics.