1. Settlement Mechanism and Account System
Profit Sharing Pre-deduction and Settlement Time
When the lead trader closes a position and generates a profit, the system will pre-deduct the profit sharing amount from the follower’s account at the corresponding ratio. At 00:00 the following day, the system will automatically summarize the actual profit and loss of all closed orders from the day and recalculate the profit sharing amount to be settled (i.e., actual total profit × profit sharing ratio).
Refund or Additional Payment Mechanism
If the pre-deducted amount exceeds the amount to be settled, the excess will be refunded to the follower’s account via the original payment method; if the pre-deducted amount is insufficient, the lead trader will be paid the actual amount due.
Daily Settlement Cycle
All profit sharing calculations are uniformly completed at 08:00 daily (UTC+8), with settlement occurring the next day.
Account Ownership of Funds
Copy trading operations and fund management are both completed within the same contract account, with no need for additional transfers or account switching.
2. Conditions for Triggering Profit Sharing
Settlement Only Occurs After Full Position Closure
The follower’s account must fully close all positions related to a specific lead trader within the current calendar day for the system to enter the profit sharing settlement process the next day.
No Calculation for Unclosed Positions
If there are any unclosed copy trading orders for a particular trading pair, the order and related profits will be deferred and handled uniformly after full closure, with no interim profit sharing.
Profit Sharing Ratio Based on Lead Trader Level at Position Opening
Changes in the lead trader’s level do not affect orders already opened. For example, if a lead trader upgrades from L1 (12% profit sharing ratio) to L2 (14%), orders opened before the upgrade will still be shared at 12%, while new orders opened after the upgrade will be shared at 14%.
3. Typical Profit Sharing Settlement Cases
Case 1: Single Order, Full Profit
User A follows lead trader M to open a BTCUSDT position and earns 100 USDT profit, fully closed before settlement;
The system pre-deducts 100 × 12% = 12 USDT;
The next day, a profit sharing of 12 USDT is settled and paid to the lead trader.
Case 2: Multiple Contracts, Partial Loss
User B follows BTCUSDT (profit 300 USDT), ETHUSDT (profit 200 USDT), and SOLUSDT (loss 100 USDT);
All orders fully closed before settlement;
The total profit sharing amount settled the next day is: 300×12% + 200×12% - 100×12% = 48 USDT.
Case 3: Partial Orders Not Closed
User C follows BTCUSDT (profit 300 USDT), ETHUSDT (profit 200 USDT), and SOLUSDT (loss 100 USDT);
Among the trader’s followers, profitable orders are closed, but the losing SOLUSDT order is not closed;
The system pre-deducts profit sharing on the profitable parts: 300×12% + 200×12% = 60 USDT;
However, since not all positions are closed, the next day’s settlement is 60 USDT;
On the third day, after the loss order is closed, no profit sharing is issued, and no settlement occurs.
Case 4: All Orders Not Closed, No Settlement Triggered
User D has all orders unclosed (regardless of profit or loss);
The system will neither pre-deduct profit sharing nor settle;
Waiting until all orders are closed before entering a unified settlement process.
Additional Explanation
“Pre-deducted profit sharing” refers to the estimated profit sharing amount payable for closed profitable orders.
If an order incurs a loss, this amount will be reduced accordingly to ensure the lead trader only receives a share when the follower actually gains real profits.
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