TraderPro Season 3: New Funding Power-Up to $10,000 & MEME Coin Challenge Awaits!-Process and Rules

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Bitget Announcement2024/09/02 04:17

By:Bitget Announcement

Related Reading: What is Trader Pro? I. Registration Conditions and Time Non-expert trader status; Must participate using the master account; Registration begins on September 2, 2024, with the simulation contest starting on September 9. Registration is still open during the simulation period, and t

TraderPro Season 3: New Funding Power-Up to $10,000 & MEME Coin Challenge Awaits!-Process and Rules image 0

Related Reading: What is Trader Pro?

I. Registration Conditions and Time

Non-expert trader status;
Must participate using the master account;
Registration begins on September 2, 2024, with the simulation contest starting on September 9. Registration is still open during the simulation period, and the registration phase lasts for 30 days, ending on October 8, 2024.

II. Registration Process

Click "Start Challenge" on Trader Pro homepage to apply;
When applying, enter your Telegram account information and the reason for the application. Ensure that the Telegram account you enter is accurate;
If the application is approved, you will receive a site message/pop-up notification. Please wait patiently for the configuration of the simulation account;
After successfully applying and participating, you will receive a reminder to join the Telegram group via email/site message/pop-up. You can join the Telegram group at your own discretion to receive timely information synchronization and notifications.

III. Trader Pro Project Process First Phase: Trader Pro Challenge Phase Upon successful application, you will enter the Trader Pro Challenge Phase, where you will receive a simulation account with the following information:

Account Information
Initial Capital	10,000 USDT
Supported Trading Pairs	DOGEUSDT, SHIBUSDT, PEOPLEUSDT, DARUSDT, FLOKIUSDT, PEPEUSDT, TURBOUSDT, DOGSUSDT, CATSUSDT
Leverage Limit	Up to 20x
Minimum Position Size	Each order's minimum position value ≥ 200 USDT (Position value = Margin amount * Leverage multiplier)

How to start the challenge? a. Click "Start Challenge" on the landing page ( https://www.bitget.bike/copy-trading/traderpro);

TraderPro Season 3: New Funding Power-Up to $10,000 & MEME Coin Challenge Awaits!-Process and Rules image 1

b. Switch accounts in the personal center of the trading page or Bitget App - Copy Trading - Discover - Trader Pro floating ball

TraderPro Season 3: New Funding Power-Up to $10,000 & MEME Coin Challenge Awaits!-Process and Rules image 2

What is the trading objective?

Metrics	Requirements
Trading Days	Number of trading days ≥ 15 days
Daily Profit	Number of days with daily profit > 0 ≥ 10 days
Cumulative Return Rate	≥ 25% and the return rate has been continuously meeting the requirement for 48 hours
Order Quantity	≥ 100 orders and no open orders at the end (both opening and closing are counted in the order quantity)

What are the trading rules?

While achieving the trading objectives, you also need to meet the following trading rules, otherwise, your simulation account will be automatically reset to start the challenge again. You only have 3 reset opportunities; the 4th violation of the rules will automatically exit this project. The trading rules are as follows:

Trading Rules	Violation Handling
Maximum daily loss ratio ≤ 20%	Record 1 violation
Maximum account loss amount ≤ 30% or maximum position loss ratio ≤ 40%	Record 2 violation
Continuous non-trading duration does not exceed 72 hours	Record 3 violation
Holding a position without any operation for more than 72 hours	Record 4 violation

How to view personal performance?

During the challenge, you can check the progress of the trading objectives and current personal performance on the Trader Pro simulation account data dashboard. After successfully completing the trading objectives and being selected as an exclusive trading expert, you will receive a system prompt guiding you to the next steps.

What is the reward for a successful challenge?

Selected users: A total of 50 exclusive account leading positions will be issued this season, with the highest reward of 10,000 USDT for a live account (depending on the registration situation, the quota may be increased to meet the needs of more participants). The account will be issued in batches starting from the first week after the registration ends, and the specific distribution rules and time will be announced later. Please pay attention to our official community to get the latest information. Unselected users: Users in the remaining batches who are not selected, if they apply to become a trading expert with their own competition account, will be given 50 USDT contract experience gold and 500 USDT first contract compensation coupon (for users who follow this trading expert for the first time, if the first order is a loss, the compensation limit is 50 USDT, until the limit is reached), with a limited quantity of 100 users per batch, on a first-come, first-served basis.

Invite a friend reward

Invite your friends to participate in the Trader Pro during the registration time to receive additional rewards.

Invitation Task	Reward
Invite new users to participate in the Trader Pro, and the new users reach the graduation standard	30 USDT Futures copy trading vouchers
Invite new users to participate in the Trader Pro, and the new users are selected as one of the 50 exclusive trading experts	100 USDT Futures copy trading vouchers
Invite new users to become a trading expert and lead at least 5 days within 14 days	50 USDT Futures copy trading vouchers

Second Phase: Trader Pro Live Trading Phase After you complete the trading objectives, we will notify you and guide you to create a sub-account for leading operations, becoming a Trader Pro trading expert. Please pay attention to the following points: • Before obtaining the exclusive leading account, the trading expert must complete the KYC of their own account. • This account will be issued in the form of a sub-account, and you can get up to 10,000 USDT. The live funds will be issued in batches, and the specific distribution rules are: Trader Pro Season 3: New Funding Power-Up to $10,000 & MEME Coin Challenge Awaits!-Funding support and account allocation .

• This account will become a certified trading expert of the Bitget Trader Pro.

• This account is only for trading and cannot cancel the leading status or perform withdrawals/recharges/transfers.

Live fund distribution method a. The distribution consists of two parts: trading profit distribution and follower dividend; b. The initial value of the follower dividend ratio is 10%, and this ratio will change according to the trading expert level (Bitget new copy function: trading expert level system); c. There are three profit distribution ratios for trading profits, which are 80%, 90%, and 100%. The initial distribution ratio is 80%. Subsequently, the distribution ratio can be increased through good performance, and the rules for increase or decrease are as follows: i. If the trading rules are met within 4 weeks and three weeks are profitable, the trading profit can be increased by one level, such as from 80% to 90%; ii. If there is behavior that does not meet the trading rules for two consecutive weeks or losses for two consecutive weeks, then the trading profit level is reduced by one level, such as from 90% to 80%. d. Every Monday morning at 10:00 (UTC+8), the Bitget system will settle the account funds and reset asset statistics. If the account assets are greater than the live funds provided during the settlement, the distribution settlement can be made. Before Wednesday morning at 10:00 (UTC+8), the trading profit distribution (if any) will be transferred to your main account: i. The follower dividend is directly remitted to the user's main account participating in the project; ii. The trading profit distribution is directly remitted to the user's main account participating in the project.
Live fund weekly amount supplementation a. Every Monday morning at 10:00 (UTC+8), the Bitget system will settle the account funds and reset asset statistics. Before Wednesday morning at 10:00 (UTC+8), supplement the accounts with insufficient assets to the initial capital; b. If there are still open positions at 00:00 (UTC+8) on Monday morning, they will not participate in the settlement.
Live account violation handling a. The trading expert needs to meet the following trading rules in the exclusive leading account, otherwise, it will be considered a violation:

Trading Rules	Violation Handling
Maximum daily loss ratio ≤ 20%	Record 1 violation
Maximum account loss amount ≤ 30% or maximum position loss ratio ≤ 40%	Record 2 violation
Continuous non-trading duration does not exceed 72 hours	Record 3 violation
Holding a position without any operation for more than 72 hours	Record 4 violation

b. After violating the rules, the subsequent leading orders will automatically set a 20% stop loss ratio. After violating the rules, if the account complies with the trading rules for three consecutive weeks, it will return to normal;

If there are losses for three consecutive weeks or the trading rules are violated three times, the assets will no longer be supplemented, and they will not be exposed on the recommendation page; if the account complies with the trading rules for three consecutive weeks, the account will return to normal;
The following situations will lead to the recovery of your live trading account. Please pay special attention;

Situation Description	Account Handling
Consecutive 4 weeks of losses	Account recovery
Violation of trading rules up to 4 times	Account recovery
2 times requiring Bitget to fully fund the supplement	Account recovery

IV. Precautions

Sub-accounts and trading experts are not eligible to participate in Trader Pro.
Trader Pro is available for free for a limited time, after which a fee will be required for registration.
After participating in the project, please adhere to the trading rules and maintain good trading practices.
If you have any questions related to the project, you may contact customer service for consultation.
The maximum reward for live trading funds is 10,000 USDT, dynamically adjusted based on the assessment of the simulated account operations (availability is limited, first come, first served).
All users participating in Trader Pro must strictly comply with Bitget's terms and rules, prohibiting malicious operations or market manipulation, wash trading, and other such behaviors. If the platform's risk control is triggered, the platform has the right to handle the accounts and funds involved at its discretion.
Bitget reserves the right to modify the terms or cancel the plan at any time without prior notice.
The final interpretation of this project rests with Bitget.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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