Dear Copy Trading Users, To further enhance our platform's trading experience and protect users' interests, we are introducing a Posteriority mechanism in copy trading. It aims to provide more promotional opportunities for lead traders, helping them attract more copiers while optimizing risk management and ensuring the rights of copiers. The details are as follows:
1.What is the Posteriority Mechanism?
The Posteriority mechanism refers to the process where lead traders assume certain risks to protect the funds of their copiers. Specifically, if a copier incurs a loss, the lead trader's funds will first be used to cover the loss. As part of this mechanism, lead traders can organize compensation activities to attract copiers. With the platform's support, lead traders can promise to compensate for their copiers' losses during a specified trading period. The platform will provide relevant promotional support such as wording and banners to help lead traders promote their compensation activities.
2.Implementation Details of the Posteriority Mechanism
2.1 Participation Registration Lead traders can decide whether to participate in the Posteriority mechanism and contact their own direct BD or official customer service (https://t.me/Gate_CopyTrading) to apply.
2.2 Label Configuration The lead trader who joins the Posteriority Mechanism will get the "Pay for the losses of copiers" label, which will be displayed directly next to the lead trader's ID. "Pay for the losses of copiers" label:
2.3Fund Deposit Lead traders must deposit the funds intended for compensation into a designated account and specify the compensation limit per user and the number of users to be compensated. For example, if a lead trader sets a compensation limit of 100 USDT per user and plans to compensate 20 users, they must deposit 2000 USDT into the platform account.
2.4User Verification The platform will verify the eligibility of users participating in the compensation activity after the lead trader registers.
2.5Compensation Process During the activity period, if a user incurs a loss, the platform will compensate according to the set limits.
2.6Fund Return If no compensation occurs during the activity period, or if the compensation limit is not reached, the remaining funds will be returned to the lead trader after the activity ends.
3.Notes for Lead Traders
3.1 Fully Understand the Risks Before registering for the Posteriority mechanism and compensation activities, lead traders should ensure they fully understand the associated risks, allocate funds reasonably, and avoid unnecessary losses due to market fluctuations.
3.2 Clarify Compensation Details Lead traders need to specify the compensation limit per user and the number of copiers to be compensated, and deposit the corresponding funds into the designated platform account to ensure the smooth operation of the activity.
3.3 Monitor Accounts Regularly Lead traders are advised to regularly monitor the status of their copy trading accounts and compensation activities, and adjust strategies in a timely manner.
We believe that the introduction of the posteriority mechanism and compensation mechanism can further help lead traders attract copiers and more users to participate in copy trading, while also enhancing the trading experience and fund security for their copiers.
This mechanism is now live, and lead traders can contact their own direct BD or official customer service to apply.
Thank you for your long-term support of Copy Trading product! Gate will continue to listen to user feedback, optimize our products, and strive to provide you with better services!
4.Advantages of Join Posteriority Mechanism
Lead traders who join the mechanism can enjoy the following benefits:
4.1 Platform Traffic Support: Lead traders will receive additional traffic support from the platform, such as being recommended on leaderboard or promoted on social media, etc., to increase their popularity and exposure to attract more followers.
4.2 Exclusive Label: lead traders who join the mechanism will receive the "Pay for the losses of copiers" label. The label will be displayed directly next to the lead trader's ID, which is simple, eye-catching, and highly identifiable.
As the picture shows:
4.3 Faster Upgrade: lead traders who join the mechanism can upgrade faster with a lower threshold and enjoy higher rights.
4.4 Exclusive Customer Service Resources: the platform will provide exclusive customer service resources and strategic guidance to lead traders who join the mechanism to help them solve various problems encountered during the leading process.
These benefits can enhance the influence and popularity of the lead trader on the platform, help them gain more followers and enjoy more rights.
About Copy Trading
Gate copy trading is a trading aid that allows copiers to synchronously copy the lead trader’s operation behavior on contracts. With more freedom to operate, the lead trader can attract more users to copy him in trading, creating a larger space for dividends. Copiers don’t need to pay additional fees to follow the lead trader but give the trader a small part of the profit generated by copying. Click to enter: Gate Copy Trading: follow the best traders to trade Gate Copy Trading - Traders Guide: https://www.gate.com/help/quants/copy-trading/26923/gate.io-copy-trading-traders-guide More Instructions on Copy Trading: https://www.gate.com/help/quants/copy-trading
Users in the UK and other Restricted Locations cannot participate in this competition/event (please see the User Agreement for further details on Restricted Locations).
If you have any questions about this activity or copy trading products, please feel free to contact us through Telegram or customer service: https://t.me/Gate_CopyTrading
