Code of Conduct for Bitget Traders
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Bitget
2022-08-02 16:04
Please find the following Code of Conduct for Traders:
To be a trader on Bitget, you are required to:
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Possess a proven and professional trading strategy;
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Demonstrate excellent trading performance;
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Implement a rigorous risk control system;
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Be familiar with Bitget's mission, vision, and values;
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Be familiar with Bitget's brand values;
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Be familiar with Bitget's product performance;
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Be willing to grow together with Bitget.
2. Profit sharing
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The profit share ratio is determined by the elite trader's tier. BGB lock-up will no longer be needed.
Elite trader tier
Bronze
Sliver
Gold
Platinum
Extraordinary
Legend
Profit share ratio
10%
10%
12%
14%
15%
20%
* Notes: Bitget copy trading updates: Bitget elite trader tiers
* The maximum profit share ratio in the table above refers to the maximum profit share ratio that elite traders can set (not in private mode). Elite traders can go to the Personal Settings on the personal elite trading page to modify profit share ratio after the upgrade of the profit share rules.
* The maximum profit share ratio for spot elite traders will be increased to 10% after the update (no BGB lock-up). Bitget will determine the maximum profit share ratio based on elite trader tiers after the spot elite trader tier system is launched.
3. Code of conduct
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Traders shall not make any negative or defamatory comments that may damage the reputation of Bitget;
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Traders shall not make any promises of profit to attract followers;
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Traders are expected to assist their followers in achieving profits to the best of their abilities, while considering potential risks. Traders must avoid engaging in wash trading for the sake of a higher yield or commission;
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Traders must not utilize high-risk, high-return trading strategies that create uncontrollable risk for followers;
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Traders are prohibited from engaging in any malicious order-related behavior. This includes situations where orders result in losses for more than 5 consecutive days, yet the trader fails to close positions, leading to substantial losses for users.
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Traders are prohibited from using multiple accounts for matched orders. Once found, they will be permanently disqualified from initiating copy trades;
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Traders shall not operate in bad faith, including but not limited to participating in malicious wash trading to artificially increase the number of followers or the amount invested by followers. If such behavior is discovered, the trader's account will be permanently suspended by the community;
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In cases where a trader's behavior leads to severe consequences, Bitget will step in to intervene with the trader's transactions. Additionally, Bitget reserves the right to revoke the trader's status and terminate their account.
4. Disciplinary rules
- Penalties on elite traders for minor violations: Bitget will send an official warning via email, site message, and push notification.
- Penalties on elite traders for medium violations: the elite traders' weight will be reduced. The profile of the elite trader will no longer appear on the Copy Trading page (users can only view their profile by searching for it). Bitget's risk management will observe the elite trader's behavior for a period of two weeks. If the elite trader commits another violation while on probation, disciplinary measures will be escalated to a major violation. If the elite trader does not commit any other violations during probation, their account will be restored to the previous level.
- Penalties on elite traders for major violations: the elite trader's profit share ratio will be downgraded to a lower tier, and their weight will be reduced. The profile of the elite trader will no longer appear on the Copy Trading page (users can only view their profile by searching for it). Bitget's risk management will observe the elite trader's behavior for a period of one month. If the elite trader commits another violation while on probation, disciplinary measures will be escalated to a redline violation. If the elite trader does not commit any other violations during probation, their account will be restored to the previous level.
- Penalties on elite traders for redline violations: once confirmed, the elite trader will be removed from the program, and their account will be suspended. After one month, elite traders can request reinstatement by contacting customer service at support@bitget.com. If a reinstated elite trader commits further redline violations, they will be permanently removed from the program.
We invite you to join our official elite trader community on Telegram.
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