1.Start Copy Trading
Choose a Principal Trader —— Set copy trading parameters ——Complete
1.1 Choose a Principal Trader
(a)On the copy trading page, check the trading data of your favored trader.
(b) Check the "Agreement of Copy Trading Users" when you click "Copy " for the first time, to open a copy trading sub-account.
(c) Click "open account by one click" button to enter the setting page.
1.2 Copy Trading Settings
(a) Choose the trader you want to follow and click "Copy" to enter the setting page.
(b) Fully follow the trader's setup:when this option is enabled, it will replicate the trader's settings 100%
(c) Copy Trading Model:
- Follow trader's setting :following the trader's orders with the same position quota for each trade
- Fixed amount: the same quato is charged for per copy trading order(with a setting of 100 USDT, When the trader opens a position, it will open a fixed quota order of 100 USDT position. )
- Multiplier : the multiplier relationship on order quantity between trader and follower.
(when at a 10x setting, the trader open a position of 0.1 BTC, the order will trigger with a quantity of 1 BTC, which means 10 times the quantity of 0.1 BTC)
Notice:when it comes to orders with multipliers, if there are not enough assets in the account corresponding to the multiplier of the trader's position quantity, the order will not be triggered. Accordingly we recommend using the second method, fixed amount USDT,by ensuring sufficient assets in the account along with appropriate deposit settings to place orders.
2.Asset Transference
2.1 There are currently two ways:
(a)"Trades" ——> "User Center(Follower)" ——> " Transfer"
(b) Also, you can transfer fund on the "Copy Trading Settings" page.
3. Adjust Copy Trading Settings
Choose " Traders" in "User Center(Follower)", click "Copy Trading Settings" button and you will be able to modify the factors set previously
Notice: The modified settings take effect when placing new orders. existing orders are not affected.
4.Unfollow Principal Traders
Choose "Unfollow Traders" in "Principal Trader", find the current trader history, click "unfollow" to finish stopping following this trader.
Notice: Orders that already exist will not be affected by cancellation, it will keep following the trader's closing position operations or follower can close orders individually.
5. Check Copy Trading Data
When copy trading setup completed, you can go to "User Center (Follower)" page and click " Principal Trader" to enter the copy trading user profile to check the detailed data and information as below:
(a) Current trade: the valid orders
(b) Trades History : closed orders.
(c) Principal Trader: currently following traders
(d) Financial log: assets statement in copy trading account
6. How do copy traders close their position?
Followers can close their copy trading position in "Current trade":
(a) Each order will be displayed independently in chronological order under "Current Trade”
(b)If the user independently closes a position through the close position button in the "Current Trade" list, the other orders will not be affected.
(c)All current positions will be shown on the "Current Trades" page.
(d)Click the button in the red square below, the calculation method of Unrealized PNL rate(%) can be switched base on Last price or Mark price.
Important Reminder:
The maximum total position for each copy trading account is 1,000,000 USDT. Orders that make your total position exceed the limit will not be copied. Please manage your copy trading settings and positions properly. Thank you for your understanding and support.
Million.com Team
2024-4-30
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