Introduction of Trader Function – Help Center

1. BloFin Copy Trading: Trader Application Requirements and Process

Process: First of all, if you want to become a trader, please click to submit your application here: Become a Master Trader. We will review your application and get back to you once we receive it. In the meantime, you may think about a nickname and a matching avatar for your Trader profile as you won’t be able to change your name and avatar once they’re set.

2. BloFin Copy Trading: Trader Can Set the Maximum Leverage

Traders have no leverage limitation like 1-20x. Traders can set leverage like standard mode. Users can click here to check the leverage for different trade pairs.

3. BloFin Copy Trading: How to Manage Copiers

You can view all your copiers and their copy-trading PnLs in your copy-trading management system. Currently, traders can't manage their copiers, only copiers can unfollow traders.

4. BloFin Copy Trading: Instruction for Traders to manage Positions:

A: How Traders Close Positions in Copy Trade

Traders can close their positions on the “current positions”. Copy trading- My Copy Trading-Current positions.

B: Restrictions

• Copy trades must be closed positions in the copy trading management system;
• Traders can only close their positions at the market price;

C: Order types when placing an order

Copy trading now supports market and limit (GTC) orders on both the APP and the Web.

D: Order modification

Traders can modify their open orders on both the APP and the Web.

5. BloFin Copy Trading: Trading Pairs Available for Traders to Initiate a Copy Trade

All trade pairs on BloFin are available for copy trading, with no limit on the number of trading pairs.

Note: Please refer to the page displayed for the actual available trade pairs.

How to set trade pairs?
Copy trading - My copy trading - Settings

6. BloFin Copy Trading: The Minimum Order Size and the Maximum Position Limit for Traders to Initiate a Copy Trade

Minimum: The minimum order size is one cont, and each trade pair has a different contract size, users can click here to check the minimum order size.

Maximum: The highest leverage available depends on the number of contracts of your holdings, open orders, and new orders when opening positions. Please click here to check the maximum that you can hold at different leverage.

7. BloFin Copy Trading: Profit-Sharing for Traders

You can get 10% of the copiers’ profit. The copiers' actual profit sharable for copy trading that day will be paid at 3:00 A.M. (UTC) every Monday. Such "actual total profit" will be the amount payable to the trader.

Settlement

When the master trader closes a position, the system will deduct the estimated profit from the follower’s account in advance if the follower has made a profit that meets the minimum requirement for profit-sharing.
If the actual profit sharable is less than the deducted profit from the copiers' account, then the over-deducted amount will be refunded to the follower, and the residual amount will be paid to the trader.

Check profit-sharing data

You can check the details of the profit sharing you received from the "My Copy Trading" section.

Realized profit sharing will be shown in USDT
Only users with positive profits will be displayed in profit-sharing details.

Profit-sharing requirements

If there are still open copy trading positions, the profit share will not be paid until the position is completely closed. In that case, the profit share will be paid the next closing day in aggregate.

Profit-sharing account

The copy trading account used by the trader to receive the shared profit should be the same as what he uses to initiate a copy trade.

8. BloFin Copy Trading: Instruction for Traders to Set Margin Mode and Set TP/SL.

Currently, BloFin Copy Trading supports cross margin and isolate margin modes, and allows traders to set TP/SL at the order level.
Change Margin Mode on the [Futures] page.

Set TP/SL on [My Copy Trading] > [Copy Trades].

9. BloFin Copy Trading: Traders’ Position Data
After initiating a copy trade, traders can check the details of the position by visiting the “Current positions”.

Traders’ Position Data

The position data under “Current Positions” are the data of traders, which do not include the copy trading data of the followers;
Every newly opened position will be separately shown under “By Order”;
The liquidation price will not be shown under “By Order”;

10. BloFin Copy Trading: Traders’ Data Explanation
Total assets: Trader's assets in copy trading account.
AUM: Total copy assets of copiers.
Total Profit Sharing (USDT): Total profit that traders get from sharing. (Pending Profit Sharing is included)
Pending Profit Sharing: Sharing that has not been distributed before 3:00 A.M. (UTC) every Monday.

Settlement: Profit sharing will be distributed to master traders' copy trading accounts automatically at 3:00 A.M. (UTC) every Monday.

11. BloFin Copy Trading: Sequence of Traders to be Displayed

Currently, BloFin ranks traders in four categories by different conditions. 7 Days ROI, 30 Days ROI, AUM, and Copiers Amount. Users can select traders by clicking different conditions.

12. BloFin Copy Trading: How do traders check their history?
Copy trading-My copy trading-Up right corner-History-(Funding fee history, Transfer history, Profit sharing history).

13. BloFin Copy Trading: How do traders edit profiles?

Now Blofin supports traders to edit profiles. Click "My copy trading" - "Edit" - Edit profile & Bio - Confirm.

14. BloFin Copy Trading: How do traders change copy trading to private mode?

On the "My Copy Trading" page, click "Settings" in the top right corner and turn on Private mode. After activating private mode, traders' profiles will remain hidden from general searches on the traders list, and traders can share copy trading links with users.

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