Introduction
Terms & Conditions
Introduction
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Binance Futures Copy Trading Loss Protection allows you to cover the full or partial amount of any losses incurred from Futures Copy Trading.
Displayed on the Futures Copy Trading page, the Copy Loss Protection Voucher enables selected users to protect themselves against full or partial losses. Once claimed, the first copy portfolio opened will be protected up to the maximum amount indicated in the voucher.
Copy Loss Protection Details
| Description | Details |
| Eligible Users | Selected Copy Traders |
| Portfolio Type | Futures Copy Trading Portfolios |
| Number of Portfolios Applied | First portfolio opened after loss protection voucher is claimed |
| Loss Protection Coverage | Up to the amount indicated in the voucher (i.e., 10 USDT, 20 USDT, etc.) based on the portfolio’s total PNL |
| Claim Period | Number of days a user can claim the voucher |
| Expiration Period | Number of days a user can use the voucher after claim date |
Note: Only selected users may be eligible to receive Copy Loss Protection Vouchers at a given time.
How to claim Copy Loss Protection vouchers?
Step 1: Log in and go to the Futures Copy Trading page
On website: Go to Binance Futures Copy Trading and log in to your Binance account.
On app: Open the Binance App, go to [Futures] - [Copy].
Step 2: Claim the Voucher
Click [Claim] to receive the voucher and agree to the terms and conditions. Please note the following details:
- Claim Period: The number of days you can claim the voucher. After this period, it can no longer be claimed.
- Claim Amount: The maximum amount that can be compensated for your copy trading losses.
Step 3: Copy a Futures Portfolios
Select a Futures lead trading portfolio and click [Copy]. The Copy Loss Protection Voucher only applies to the first portfolio copied after claiming the voucher. A tag will indicate that the portfolio is protected by the voucher.
Please note the voucher’s expiration date. You must copy a portfolio within the indicated period after claiming the voucher.
For more details on how to copy portfolios, please refer to this guide.
Step 4: Manage your Copy Portfolio
Click [Copy Trader] - [Futures Overview]. The portfolio covered by the voucher will display a tag with these details:
- While Active: “In Loss Protection” tag will be shown
- When Closed: The settled loss protection amount will be shown. The system will automatically cover losses up to the maximum amount indicated in the voucher based on the portfolio’s total PNL. If the portfolio’s total PNL is positive, no compensation will be provided. You will receive the compensated amount in your Spot Wallet (if applicable).
- For example, the portfolio’s total PNL is -5 USDT and the voucher amount is 10 USDT, only 5 USDT will be compensated.
Note:
By claiming the Copy Loss Protection Voucher, you agree that you have read, understood, and accepted the Copy Loss Protection Voucher Terms and Conditions. You acknowledge and agree that you will be bound by and will comply with these Terms, as updated and amended from time to time.
Risk 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.
The risk in futures trading is that loss of your entire investment within a relatively short period of time is comparatively high. Therefore, you are advised to read carefully and ensure you understand the terms under Futures Services Agreement. If you create contingent orders, such as “stop loss” or “stop limit” order, such orders will not necessarily limit your losses to the intended amount; market conditions may make such limits unviable. Furthermore, as “leverage” is allowed in trading, please note that it can work both for you and against you. Exploiting such “leverage” may lead to larger losses or higher profits.
In no way is performance or results guaranteed. Past performance is not a reliable indicator of his future performance. This content is presented to you on an "as is" basis for general information, without representation or warranty of any kind. Content on our platform does not contain advice or recommendations. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning and Responsible Trading Policy.
This product may not be available in certain countries and to certain users. This content is not intended for users/countries to which prohibitions/restrictions apply. Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of any products and/or services offered from time to time in its sole discretion at any time without notification.
1. By participating in "Copy Trading Loss Protection", you acknowledge that you have read, understood, and accepted all of the terms and conditions in these "Copy Trading Loss Protection" terms (the "Copy Trading Loss Protection Terms"), Binance Terms of Use (the "Terms of Use") and Binance Futures Services Agreement (the "Futures Services Agreement") (collectively known as the Terms). You acknowledge and agree that you will be bound by and comply with the Terms. If you do not understand and accept the Terms in its entirety, you should not use or participate in "Copy Trading Loss Protection".
2. Any terms and references used in these Copy Trading Loss Protection Terms which are not defined herein, shall have the same meaning and construction in the Terms of Use or the Futures Services Agreement.
3. You understand that any transactions deemed by Binance to be wash trades, illegal bulk account registrations, self-dealing, or carrying attributes of market manipulation are strictly prohibited. Upon detection of such prohibited activities, you grant Binance the authority (without any payment, penalty, or liability due by Binance and provided that such action is in compliance with applicable laws) to cancel or void such transactions, treating them as if they had never been entered into. Binance is also authorised by you to reverse any transfers of Digital Assets made to and/or from your Binance Account in connection with such transaction, effectively treating the transaction as if it had never taken place.
4. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending these Promotions, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be done, and all Participants shall be bound by these amendments.
5. Binance shall not be liable for any loss due to market order slippage and users shall have no recourse to the P&L due to such slippage.