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Binance Futures Copy Trading Launches Elite Trader Program for Lead Traders

Binance Futures Copy Trading Launches Elite Trader Program for Lead Traders

2023-11-08 09:00

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Futures Copy Trading has launched the Elite Trader Program for Lead Traders,  which allows Lead Traders to qualify for an Elite Trader Badge and unlock a series of advanced features and exclusive benefits.

How to Get an Elite Trader Badge

  • All Lead Traders will automatically receive an Elite Trader Badge when they meet the minimum requirements for both criteria in the table below. If you are not a Lead Trader yet, become a Lead Trader now. 

  • Should a user meet the requirements for a higher tier through one criterion and a lower tier through the other, the user will be classified into the lower Elite Trader Tier, and be awarded with the corresponding Elite Trader Badge.

Criteria

Elite Trader Tier

Cadet 

Champion 

Master

Legend 

Minimum Number of Copy Traders in A Portfolio

400

600

800

1,000

Minimum AUM of Copy Traders in A Portfolio (USDT)

400K

600K

1M

2M

 How to Unlock Advanced Elite Trader Benefits:

  • Lead Traders who receive an Elite Trader Badge may submit an application via the form to unlock advanced benefits from the program, as per the table below. 

  • Binance Futures Copy Trading will review each Lead Trader’s application based on its internal requirements, and may reach out to applicants separately for more information.

  • Successful applicants will be notified via the social media handle(s) provided in their form submission by the following Tuesday at 23:59:59 (UTC).


Advanced Features & Exclusive Benefits

General Lead Traders

Elite Trader Tier

Cadet

Champion

Master

Legend

Profit Sharing Ratio

10%

Up to 12%

Up to 15%

Up to 20%

Up to 30%

Increase Minimum Copy Amount of Copy Traders

x

Lock-Up Period Feature

x

Adjust Margin Balance Cap of Lead Trader

x

Adjust Margin Balance Cap of Copy Traders

x

Private Portfolio Access

API Rate Limit

20 orders per 10s

20 orders per 10s

20 orders per 10s

40 orders per 10s

40 orders per 10s

Option to Use a NFT Profile Picture

Opportunity to Be a Binance Live Host or Guest

x

Chatroom Member Cap

1,000

1,000 as default. May be increased

Portfolio Exposure

✓✓

✓✓

✓✓✓

✓✓✓

Unlock Advanced Elite Trader Benefits Now!

Notes:

  • Existing Lead Traders will automatically receive the corresponding Elite Trader Badge upon meeting the necessary program criteria. Please note that meeting these criteria does not guarantee the advanced benefits associated with the program. 

  • All advanced benefits associated with the Elite Trader Program are subject to the applications of qualified Lead Traders, as well as the internal reviews and approvals by the Binance Futures Copy Trading Team.

  • Successful applicants who are eligible to unlock advanced benefits from the program will be notified by the Binance Futures Copy Trading team via the social media handle(s) provided in the application form by the following Tuesday at 23:59:59 (UTC).

  • The data presented in qualified Lead Traders’ portfolios will be used by Binance Futures Copy Trading to assess performance and determine eligibility for the advanced benefits. The performance of qualified Lead Traders in the Elite Trader Program will be reviewed on a weekly basis (Tuesday 00:00 UTC to Monday 23:59 UTC)

  • Approved advanced benefits are not granted indefinitely. Binance reserves the right to conduct periodic reviews and promote and demote accounts for tier adjustments, in line with internal requirements.

  • All metrics related to the program are measured by Binance at its sole and absolute discretion. 

  • Binance reserves the right to, at its sole discretion, promote and demote accounts within the program.

  • Binance reserves the right to cancel or amend the Program or Program rules at its sole discretion.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Guides & Related Materials:

Thanks for your support!

Binance Team

2023-11-08

Note: This announcement was last updated on 2024-03-20 to amend the evaluation criteria and benefits of the Elite Trader Program for Lead Traders. Binance will update the program on an ongoing basis based on market developments and its internal requirements. 

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. Trading by following and/or copying or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance is not a reliable indicator of his/her future performance. Content on our platform does not contain advice or recommendations. This material should not be construed as financial advice. To learn more about how to protect yourself, visit our Responsible Trading page. Copy trading is restricted in certain countries and to certain users.  This content is not intended for users/countries to which restrictions apply. For more information, see our Terms of Use and Risk Warning.